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<p>With revenue expected to reach a compounded annual growth rate (CAGR) of 11.50% between 2023 and 2027, the Philippine IC market appears to have a promising trajectory.</p>
<p>At the forefront of this design innovation are homegrown engineers from hundreds of Philippine companies like <strong>XiNYX Design</strong>, which works closely with semiconductor and technological giants around the world. Backed by more than 600 years of combined experience, XiNYX Design has built a vast client base spread across Asia, North America and Europe.</p>
<p>“We provide our clients with our capabilities and we pride ourselves in working with the latest technologies out there to provide diversified design services,” said <strong>XiNYX Design General Manager Charade Avondo</strong> told GMI POST.</p>
<p>The company attributes its robust growth to the collaborative process from conceptualization to implementation. It works closely with clients to first understand their technical needs, before it checks and verifies the functionality of the working design and finally implements the layout of the IC chip.</p>
<p>As each step is executed remotely, XiNYX Design has nurtured long-standing partnerships in major markets, including the United States.</p>
<p>“For the American semiconductors industry, one of the key drivers is innovation. It wants to push the needle as far as possible to get compact processes. This enables us to get more advanced technologies that we can leverage to diversify our services even further. This is fundamental to our success,” Avondo said.</p>
<p>The value of Philippine IC exports to the United States is projected to reach $8.27 billion by 2027.</p>
<p>To secure its position as a major player in the local industry, XiNYX will continue investing in its Filipino engineers, equipping them with more capabilities to work with the latest transformative technologies. XiNYX wants to become the first Filipino intellectual property (IP) holder in the semiconductor and microelectronics space.</p>',
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'description' => 'One of the most dynamic economies in Southeast Asia, the Philippine economy grew at a pace of 7.6% last year, the fastest rate of economic growth recorded since 1976, according to data from S&P Global Market Intelligence. GMI POST spoke with the National Development Company to learn how it serves as a driver for inclusive growth.',
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<p>Established in 1919, NDC is one of the oldest companies in the Philippines and is the country’s leading state-owned enterprise. Tasked to drive industrial development and spur growth in local communities, NDC’s mandate includes pursuing commercial, industrial, and mining ventures that will support national economic development.</p>
<p><strong>NDC Assistant General Manager Leopoldo Acot </strong>pointed out that NDC supports various innovative projects across various sectors, from agriculture to financial services. It also provides financial support to qualified startups as part of its mandate to further develop the Philippine’s startup ecosystem. <br /><br />“Innovation is essential for development. Both the Department of Trade and Industry and NDC are creating programs to help local creative enterprises, promising tech-based companies, and forward-thinking startup businesses sustain and expand their operations,” Acot said.</p>
<p>In its 104-year history, the NDC has invested in 117 companies, according to <strong>NDC Corporate Planning Officer Joyce Azurin, </strong>who said the company partners not just with Filipino businesses but also with foreign investors and partners as well.</p>
<p>The NDC, Azurin also said, guarantees foreign and domestic loans, undertakes developmental projects, and invests in projects within the ASEAN region.</p>
<p>“We have shares in ASEAN Bintulo Fertilizer in Malaysia and ASEAN Potash in Thailand. We also organize subsidiary companies, like the Philippine International Trade Corporation and Philippine Pharma Procurement Incorporated,” she said.</p>
<p>The breadth of NDC’s investments is wide: from pineapple plantations in the southern Philippines to transportation, logistics, banking, and even Philippine Airlines, the country’s flag carrier, to name a few.</p>
<p>“As of year-end 2022, we invested a total of 8.15 billion pesos (around $150 million) in several projects, ranging from industrial estates to innovation, infrastructure, trading, and mining. We have recorded 58,000 jobs generated from these investments and projects,” Azurin said.</p>',
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'title' => 'Finding true north in growth: A Philippine province shows the way',
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'description' => 'Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country's two largest carriers, the province is determined to become "the ideal business destination" in the region. ',
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'content' => '<p>Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country’s two largest carriers, the province is determined to become “the ideal business destination” in the region.</p>
<p>At the forefront of this effort is <strong>INvest Ilocos Norte</strong>, the province’s investment promotions arm led by Gov. Michael Manotoc. In an interview with GMI POST, <strong>Provincial Investment Officer Rona Leigh Bueno</strong> outlined the four drivers behind Ilocos Norte’s economic growth plan.</p>
<p><strong>Tourism</strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-9-PH-Ilocos-Norte-Wind-Farm.jpg" alt="" />
<figcaption class="image-caption">Ilocos Norte has become a favorite location for wind farms, which have also become tourist attractions.</figcaption>
</figure>
<p>With its Spanish Colonial-era architecture and pristine beaches, Ilocos Norte has been one of the top destinations among local tourists. The St. Agustine Church in the provincial capital Paoay is one of four Baroque Churches in the Philippines included in the UNESCO World Heritage List.</p>
<p>Pagudpud in the northern tip of Luzon, the largest and most populous island of the Philippines, boasts beaches with crystal clear waters and power-fine white sand.</p>
<p>"Our goal for the provincial tourism industry is to invite investors and an international chain to develop our hospitality industry even further,” said Bueno.</p>
<p><strong>Renewable energy </strong></p>
<p>Ilocos Norte is home to Southeast Asia's first wind farm. A tourist attraction in itself, the iconic Bangui Windmills currently supplies around 40% of the province’s electricity needs. Since the Bangui Wind Farm began operations in 2005, Ilocos Norte has overseen the opening of two more wind farms, one in Burgos and another in Pagudpud.</p>
<p>According to Bueno, Manotoc recognizes the immense growth potential of renewable energy in the province.</p>
<p>Only in June, Madrid-based BlueFloat Energy announced the acquisition of Wind Energy Service Contracts (WESCs) for four sites in the Philippines.</p>
<p>“Blue Float is a wind farm company that was the province’s first Green Lane certification awardee. Their pilot site will be an offshore one in Ilocos Norte,” she said.</p>
<p><strong>Digital transformation</strong></p>
<p>Ilocos Norte is proud of its recognition as one of the 25 digital cities in the Philippines by the IT and Business Processing Association of the Philippines, the Department of Information and Communications Technology (DICT), and Leechiu Property Consultants.</p>
<p>“We offer knowledge processing outsourcing (KPO), which are non-voice, backup offices that provide expert services like accounting, architecture, engineering, and healthcare. There's a big opportunity for KPOs here because we produce an average of 4,000 college graduates a year,” Bueno said.</p>
<p><strong>An ideal business environment</strong></p>
<p>With its strategic location, connectivity via its international airport, good quality of life, and tax incentives offered by the local government, Ilocos Norte provides the right conditions for businesses to thrive.</p>
<p>Also, the province has a sizeable, highly skilled workforce composed of a steady stream of college graduates who are ready to contribute to its economic success.</p>',
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'id' => '545538',
'title' => 'How the Philippines is keeping the lights on',
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'description' => 'The Philippines faces a challenging energy future. The country has among the highest electricity prices in Southeast Asia. With the economy growing steadily, supply is not growing as fast as demand. At the forefront of balancing the interests of all the stakeholders in the electricity market is the Energy Regulatory Commission.',
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'content' => '<p>The Philippines faces a challenging energy future. The country has among the highest electricity prices in Southeast Asia. With the economy growing steadily, supply is not growing as fast as demand. At the forefront of balancing the interests of all the stakeholders in the electricity market is the <strong>Energy Regulatory Commission</strong>.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-8-PH-Energy-Regulatory-Commission.jpg" alt="" />
<figcaption class="image-caption">Energy Regulatory Commission Division Chief and Planning Officer Don So Hiong (ERC)</figcaption>
</figure>
<p>The ERC was established in 2001 as an independent body mandated to supervise rates and services in the electric power industry, as well as ensure consumer education and protection and guarantee fair competition in the market.</p>
<p>To boost the supply of electricity in the country, the ERC has looked to renewable sources of energy, including solar and wind power.</p>
<p>“The green energy option is being implemented right now wherein big consumers can choose what type of electricity is being supplied to their operations. Another green energy option program we are implementing is the distributed energy resource. Microgrid technologies will bring green energy to areas not connected to the grid. They will have an independent and cheaper supply of electricity,” <strong>ERC Division Chief and Planning Officer Don So Hiong </strong>explained.</p>
<p>Amid all the prevailing challenges, the government agency remains focused on its primary task: to enforce a democratic and transparent regulatory environment, one that balances the interests of consumers and utility investors equally.</p>
<p>“ERC deals practically with the applications of energy industry participants. When they want to build a project, like the National Grid Corporation of the Philippines, which is the transmission concessionaire, they need to have it approved by ERC. Every cost that is passed to consumers or every project that affects electricity rates should be approved by the ERC,” So Hiong said.</p>',
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'id' => '545531',
'title' => 'What makes an effective educator? A Filipino diplomat shares her insights',
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'description' => 'In a low-income country where education is valued for its life-changing potential, millions of Filipino families prioritize the schooling of their children. Getting into one of the country's reputable colleges and universities is a dream come true. ',
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'url' => 'what-makes-an-effective-educator-a-filipino-diplomat-shares-her-insights',
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'content' => '<p>In a low-income country where education is valued for its life-changing potential, millions of Filipino families prioritize the schooling of their children. Getting into one of the country’s reputable colleges and universities is a dream come true.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-7-PH-Miriam-College.jpg" alt="" />
<figcaption class="image-caption">Miriam College President Laura Quiambao-Del Rosario (Credit: Miriam College)</figcaption>
</figure>
<p>Among those leading schools is <strong>Miriam College</strong>, which traces its roots to the American colonial period. An initiative of then Archbishop of Manila Michael J. O’Doherty, the Maryknoll Sisters of St. Dominic based in upstate New York set up a teacher-training program for women in Manila in 1926. Nearly a century later, the college has grown to include one satellite campus outside the capital and boasts a long list of notable alumni.</p>
<p>GMI POST sat down with one of Miriam College’s most prominent graduates. A career diplomat with 37 years of experience, <strong>Laura Quiambao-Del Rosario</strong> took over the helm in 2020, bringing with her a firm belief that a global worldview, particularly from non-Filipino educators, benefits students.</p>
<p>“In 2015, I lectured in 20 universities all over the Philippines I think I lectured to 10,000 students. I asked them: How many of you have been taught by a foreign professor? None of them ever had a foreign professor,” Quiambao-Del Rosario recalled.</p>
<p>“I told them that I am what I am because of 13 foreign teachers. They were the American nuns of Maryknoll College. They gave me the American perspective of freedom, the right to express myself, critical thinking, and the value of democracy,” she added.</p>
<p>After two years as head of Miriam College, the retired ambassador believes that the most well-read people make the best educators.</p>
<p>“To be an effective teacher, you have to be exposed to all kinds of ideas and experiences. That comes only with reading. I noticed in my own experience that those who are well-read and can debate in any forum are those who teach better,” she said.</p>
<p>With two master’s degrees in literature and in educational administration, Quiambao-Del Rosario started her career as a teacher in literary studies and later as director of admissions in what was then Maryknoll College. As diplomat, she served as director general of the Foreign Service Institute (2009-2011) and was also assigned to the Philippine missions in Austria, Singapore, the United States, India and Vietnam.</p>',
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'title' => 'CCPI: The old guard of Philippine business',
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'description' => 'The Chamber of Commerce of the Philippine Islands has borne witness to the country's rich and colorful history. It has lived through the Philippine Revolution against Spain, the First and Second World Wars, the nation's transition from a commonwealth of the United States into an independent republic, and the country's descent into dictatorship and return to democratic rule.
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'content' => '<p><strong>The Chamber of Commerce of the Philippine Islands</strong> has borne witness to the country’s rich and colorful history. Founded in 1886 via royal decree, the CCPI’s origins are traced to King Alfonso XIII of Spain’s vision, through Queen Regent Maria Cristina, to establish a <em>camara de comercio </em>in every Spanish colony.</p>
<p>The CCPI lived through the Philippine Revolution against Spain, the First and Second World Wars, the nation’s transition from a commonwealth of the United States into an independent republic, and the country’s descent into dictatorship and return to democratic rule.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-5-PH-Chamber-of-Commerce-Jose-Yulo.jpg" alt="" />
<figcaption class="image-caption">Chamber of Commerce of the Philippine Islands President Jose Luis U. Yulo</figcaption>
</figure>
<p>“We are the only building in the country with a marker given by the National Historical Commission in three languages, Spanish, English and Filipino,” said <strong>Jose Luis U. Yulo</strong>, the CCPI’s 56th president.</p>
<p>Guided by the theme “History Builds the Future,” the Philippines’ oldest business organization continues to play a role in nation-building through its advocacy called “Economic Compass Pillars 5,” with the pillars being The Filipino & Education, Industries & Business, The Government, Infrastructure & Environment, and The Economy.</p>
<p>In the 21st century, CCPI has trained the focus of its advocacy toward the fulfillment of the 17 U.N. Sustainable Development Goals (SDGs): No poverty; zero hunger, good health and well-being; quality education; gender equality; clean water and sanitation; affordable and clean energy; decent work and economic growth; industry innovation and infrastructure; reduced inequalities; sustainable cities and communities; responsible consumption and production; climate action; life below water; life on land; peace, justice, and strong institutions; and partnerships for the goals.</p>
<p>As the Philippines loosened foreign ownership in Philippine companies with the amendment of the Foreign Investments Act last year, the CCPI has expressed guarded optimism.</p>
<p>“Our basic advocacy with foreign businesses is: You are welcome but within the constitutional limits of the Philippines. And we would like to have diversified multinational involvement so that we will not be dependent on monopoly control of only one country,” Yulo said.</p>
<p>“The Philippines is very much advocating for friendship, not only in terms of economic and business relations but also in cultural exchanges with countries that believe in private enterprise, freedom of speech, and other principles embodied in the Philippine constitution. Stronger relations lead to greater levels of trust between nations and can raise the quantity and quality of investments between countries,” he added.</p>',
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'id' => '545517',
'title' => 'Exploring the thriving Philippine startup ecosystem: Trends, funding and growth',
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'description' => 'The Philippine startup ecosystem is thriving, according to the Philippine Venture Capital Report 2023 released by Foxmont Capital Partners and Boston Consulting Group. Data from the report shows that the total funds raised by Philippine startups have grown from $40 million in 2010 to $1.1 billion in 2022. ',
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'content' => '<p>The Philippine startup ecosystem is thriving, according to the Philippine Venture Capital Report 2023 released by Foxmont Capital Partners and Boston Consulting Group. Data from the report shows that the total funds raised by Philippine startups have grown from $40 million in 2010 to $1.1 billion in 2022. This marks a growth of over 27 times in the past 12 years and the second straight year that the Philippines secured more than $1 billion in startup funding. <br /><br /></p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-5-PH-Startups-3.jpg" alt="" /></p>
<p>“B2C, and even more specifically D2C businesses are doing quite well in the Philippines. This is because the Philippines’ GDP is consumer-driven, with over 70% of the GDP being domestic consumption. We expect that b2b/saas solutions will soon follow,” <strong>Foxmont Capital Partners Managing Partner Franco Varona</strong> said.<br /><br /><strong>How is the national government playing an active part?</strong></p>
<p>“The Department of Information and Communications Technology and the Department of Science and Technology now actively deploy from their Startup Grant Fund, which provides equity-free grants to extremely early-stage startups. The National Development Corporation, under the Department of Trade and Industry, now manages the Startup Venture Fund, which allows for direct investments into startups with the support of their accredited co-investors. The government now understands the importance of the digitization of the nation, and we are already seeing clear steps forward that will support our startups,” Varona also said.</p>
<p><strong>What challenges lie ahead for Philippine startups?</strong></p>
<p><strong> </strong>“We recently ran a survey with our portfolio companies, and most of the challenges are right at the beginning - starting with the speed, or lack thereof, in which one can register a business. However, as mentioned earlier, as support and interaction with the government increases, we expect this to be addressed sooner than later,” Varona said. Founded in 2018, Foxmont Capital targets early-stage startups with a focus on Filipino-founded businesses.</p>
<p>“We at Foxmont are thrilled to witness the Philippines’ continuous development and together, we hope to aspire towards ever-greater heights,” said the report.</p>
<p>With its recent Fund II close of $21.3 million, Foxmont is the first and largest independent Philippine VC firm. <br /><br />Know more about Foxmont and the Philippine startup ecosystem by downloading the full <em>Philippine Venture Capital Report 2023 </em>here: <a href="https://www.foxmontcapital.com/pvcr-2023-subscription" target="_blank" rel="noopener"><strong><em>https://www.foxmontcapital.com/pvcr-2023-subscription</em></strong></a>.</p>',
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'title' => 'Fostering success through diversity and inclusivity in the workplace',
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'description' => 'In today's corporate landscape, the value of diversity and inclusivity in the workplace cannot be overstated. According to a 2021 CNBC survey, 80 percent of respondents said they wanted to work for a company that valued diversity, equity and inclusion efforts.',
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'content' => '<p>In today's corporate landscape, the value of diversity and inclusivity in the workplace cannot be overstated. According to a 2021 CNBC survey, 80 percent of respondents said they wanted to work for a company that valued diversity, equity and inclusion efforts.</p>
<p>In striving for innovation, global reach, and employee satisfaction, many organizations recognize that long-term success will come if they nurture an environment that embraces diverse perspectives and welcomes the different experiences of their employees.</p>
<p>According to a 2021 report by business analyst and thought leader Josh Bersin, more inclusive companies were 1.7 times more likely to be innovation leaders in their market and 1.8 times more likely to be ready for change. Bersin concluded that more diversity equaled more innovation.</p>
<p>Inclusivity, on the other hand, ensures that every employee's voice is not only heard but valued. When individuals feel included, they are more likely to share their insights, participate actively, and collaborate freely. This sense of belonging ultimately enhances overall employee morale and engagement. But implementing and sustaining diversity and inclusivity requires the commitment of the entire organization and is not something that is nurtured overnight.</p>
<p>In an interview, <strong>JobStreet Philippines Country Manager Philip Gioca</strong> said, “Creating an inclusive workplace takes a whole organization, from leaders at the highest level to the junior team members to have a deeper understanding and commitment towards the brand values and culture and displaying authenticity and acceptance.”</p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-4-PH-Workplace-Diversity.jpg" alt="" /></p>
<p>Apart from ethical issues, diversity and inclusivity initiatives also make good business sense. A diverse workforce builds a wider customer base and allows a more refined understanding of the needs and preferences of customers. This can lead to more targeted marketing strategies, product innovations, and ultimately, improved business performance.</p>
<p>A global study released by Deloitte Digital in 2022 said 57% of consumers were more loyal to brands that commit to diversity and addressing social inequities in their actions</p>
<p>Implementing diversity and inclusivity requires a multifaceted approach that considers a wide range of backgrounds when hiring, promoting open communication, providing diversity training, and establishing employee resource groups to foster connections.</p>',
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'title' => 'Are young Filipino employees working too hard? How to deal with burnout ',
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'description' => 'The majority of young working Filipinos are experiencing burnout. According to a recent report by Deloitte Philippines, 70% of Filipino Generation Z (born between 1997 and 2012) and 63% of Filipino millennials (born between 1981 and 1996) said they were experiencing occupational burnout and cited "heavy workload demands" as the main reason.',
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'content' => '<p>The majority of young working Filipinos are experiencing burnout. According to a recent report by Deloitte Philippines, 70% of Filipino Generation Z (born between 1997 and 2012) and 63% of Filipino millennials (born between 1981 and 1996) said they were experiencing occupational burnout and cited “heavy workload demands” as the main reason.</p>
<p>Deloitte Philippines says the global average for burnout per country is 45%, an increase from 39% in 2019.</p>
<p><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK%203-PH-Work-Stress-and-Burnout.jpg" alt="" /></p>
<p>Meanwhile, a separate study conducted by research analytics firm Milieu Insight and Intellect, the largest and fastest-growing mental health tech company in Asia Pacific, revealed that 52% of employees in the Philippines reported feeling burned out from work at least a few times a month, compared to 49% in Singapore and Indonesia. The study said the “hustle culture” or “rise and grind mentality” as the main reason burnout was more prevalent in the Philippines than in other countries in the region.</p>
<p><strong>Why do Filipinos work hard?</strong></p>
<p>According to the Milieu and Intellect study, the top reasons employees in the Philippines work hard are to improve their lives and those of their loved ones (58%), to have a sense of accomplishment (53%), and to increase their income (50%).</p>
<p><strong>What are the signs of burnout?</strong></p>
<p>Burnout isn’t something that happens suddenly. It gradually sneaks up on people after prolonged high levels of stress. But there are signs and if one is wary enough, you can spot them.</p>
<p>According to Healthline, these signs include (1) forgetfulness and difficulty concentrating, (2) diminished pride in your work, (3) losing sight of yourself and your goals, (4) difficulty maintaining relationships and being present with loved ones, (5) increased frustration and irritability with co-workers, (6) unexplained muscle tension, pain, fatigue, and (7) insomnia.</p>
<p><strong>How do you deal with burnout?</strong></p>
<p>While businesses are encouraged to provide their employees with mental health support which includes giving workers access to professional help, below are some practical strategies to help you manage feelings of burnout, according to Jeanne Segal, Ph.D. of helpguide.org:</p>
<ul style="list-style-type: disc;">
<li>Reach out to those closest to you, such as family and friends.</li>
<li>Be more sociable with your co-workers to help buffer you from burnout.</li>
<li>Limit your contact with negative people.</li>
<li>Connect with a cause or a community group that is meaningful to you.</li>
<li>Expand your network and build new relationships.</li>
</ul>
<p>Occupational burnout must be taken seriously. If unrecognized and left untreated, an overworked brain and body can lead to anxiety, emotional distress, and other dire consequences.</p>',
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'title' => 'The future of work: Three reasons Filipinos prefer remote work and hybrid setups',
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'description' => 'As the Philippines continues to recover from the pandemic, a survey conducted by Sprout Solutions in 2022 shows that more companies have shifted from remote to on-site work arrangements. Are Filipino employees happy with this?
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'content' => '<p>As the Philippines continues to recover from the pandemic, a survey conducted by Sprout Solutions in 2022 shows that more companies have shifted from remote to on-site work arrangements. Of the more than 2,200 respondents in various industries and companies in the Philippines, about 51% have started physically reporting back to work compared to only 35% in 2021.</p>
<p>Are Filipino employees happy with this?</p>
<p>A study conducted by SEEK Asia in 2023 showed that the majority of Filipino workers still prefer either a hybrid or fully remote work setup over on-site work arrangements. The study, which surveyed 97,324 respondents across six Southeast Asian countries including the Philippines, found that 46% of Filipinos are more interested in having a hybrid setup, 28% preferred fully remote, and only 26% are happy with physically reporting back to their respective offices.</p>
<p>Here are three reasons why a majority of Filipino employees prefer a work-from-home or hybrid work setup.</p>
<p><strong><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-2-PH-Work-from-Home.jpg" alt="" /></strong></p>
<p><strong>Less travel time</strong></p>
<p>Manila is part of the top 10 cities with the worst traffic in the world, according to the 2022 TomTom Trafï¬c Index. On average, it took 27 minutes for Filipinos to travel 10 kilometers in Metro Manila last year.</p>
<p>Working from home eases Filipinos from this burden since they only need a computer and internet connection to work.</p>
<p><strong>Remote work increases productivity</strong></p>
<p>According to a global survey by ConnectSolution, 77% of those who work remotely show increased productivity, with 30% doing more work in less time and 24% doing more work in the same period. This could be due to reduced commute times, fewer in-person distractions, or the freedom to design a work environment that best suits their needs.</p>
<p><strong>Working from home improves work-life balance</strong></p>
<p>A study conducted by Jobstreet in 2023 shows at least 73% of Filipino jobseekers surveyed want a stable job with a work-life balance. This was higher than the global average of 69%. The study also found that 56% of remote work employees report improved mental health due to improved work-life balance and flexibility.</p>
<p>While it’s true that the global pandemic came with many challenges, it has also opened multiple opportunities for businesses to make more accessible and inclusive workspaces.</p>
<p>Companies should take this opportunity to ask for input from their teams on their preferred work arrangements so that their employees feel they are listened to, supported, and provided the right conditions to thrive both personally and professionally.</p>',
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'id' => '545504',
'title' => 'FDI inflows to the Philippines: Trends and sectors to look out for',
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'description' => 'The Philippines' foreign direct investment (FDI) attraction strategy is right on track, according to experts. In February 2023, the Banko Sentral ng Pilipinas (BSP), the Philippines' central bank, reported $1 billion in net inflows from FDIs, the highest since December 2021. ',
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'content' => '<p>The Philippines’ foreign direct investment (FDI) attraction strategy is right on track, according to experts.</p>
<p>In February 2023, the Banko Sentral ng Pilipinas (BSP), the Philippines’ central bank, reported $1 billion in net inflows from FDIs, the highest since December 2021.</p>
<p>Michael Ricafort, Chief Economist for Rizal Commercial Banking Corporation (RCBC), one of the largest commercial banks in the Philippines, said in a press release to local media that the latest net FDI level is among the highest since the pandemic started.</p>
<p>“For the coming months, net FDI could pick up further amid measures to further reopen the economy with no more restrictions as a policy priority, the Philippine economy’s growth is expected to be among the fastest in the Southeast Asia region,” said Ricafort. </p>
<p> </p>
<p><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK%201-PH-FDI-Outlook.jpg" alt="" /></p>
<p> </p>
<p>Ricafort added reforms and amendments on foreign ownership limits, such as those under the Public Services Act, Foreign Investments Act, and Retail Trade Liberalization Act, “would all further encourage and attract more FDIs into the country.”</p>
<p>Data from the Philippine Statistics Authority (PSA) shows that the top three countries with the highest share of approved foreign investments in the Philippines for the first quarter of 2023 were Germany (PHP 156.96 billion), Japan (PHP 3.82 billion), and the Netherlands (PHP 2.65 billion).</p>
<p>Meanwhile, the top 3 industries in the Philippines to receive the highest share of approved foreign investments are electricity, gas, steam, and air conditioning supply (PHP 440.08 billion), manufacturing (PHP 24.06 billion), and real estate activities (PHP 7.93 billion).</p>
<p>Amid the continued economic growth, the Philippines remains attractive to foreign investors because of its business-friendly policies, high-quality labor force, healthy employment rate (95.25), and the size of its consumer market (It is the second-largest in Southeast Asia).</p>',
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'id' => '545593',
'title' => 'Get to know the Philippines' best workplace for 2023',
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'description' => 'Talent solutions provider Siegen Solutions has topped Great Place To Work®'s list of Best Workplaces™ in the Philippines for 2023 under the small category, or companies with less than 100 employees. ',
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'tags' => 'Philippines, Organizational Culture, Talent Recruitment',
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'content' => '<p>Talent solutions provider <strong>Siegen Solutions </strong>has topped <strong>Great Place To Work®’s</strong> list of <em>Best Workplaces™</em> in the Philippines for 2023 under the small category, or companies with less than 100 employees.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>What makes a great workplace?</strong></span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-10-PH-SEIGEN.jpg" alt="" />
<figcaption class="image-caption">Siegen Solutions President and CEO Aya Palmera-Montebon</figcaption>
</figure>
<p>According to <strong>Great Place To Work®</strong>’s more than 30 years of data analysis and a survey of over 100 million employees around the globe, people experience a "great" workplace when they consistently: (1) trust the people they work for; (2) have pride in what they do; and (3) experience camaraderie with their colleagues.</p>
<p>Using the aforementioned definition, Great Place To Work® uses its <strong>Great Place to Work® Trust Model©, </strong>which quantifies the ‘employee experience’ and is the foundation of its <strong>Trust Index© Employee Survey,</strong> the results of which give each company a rating between 1 and 100%.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Siegen Solutions’ score</strong></span></p>
<p>Siegen Solutions garnered a 100% approval rating from its employees with all of them saying it was a great company to work for. With this score, Siegen Solutions outperformed a typical global company under the same category, which only achieved a 53% rating on average.</p>
<p>The results of Siegen Solutions’ Trust Index© Employee Survey also showed that 100% of its employees said they: (1) were made to feel welcome upon being on-boarded, (2) felt a sense of pride for their work, (3) had customers who rated their service as “excellent”, and (4) had executives who fully embodied the best characteristics of their company.</p>
<p>In an interview with local news organization Inquirer, <strong>Siegen Solutions President and CEO Aya Palmera-Montebon</strong> attributed the company’s success to the collective efforts of the entire team, especially the under-30s, who bring a fresh perspective and dynamic energy to the workplace.</p>
<p>“The team is young, passionate, and energetic. I am the oldest among the regular employees. But given the young vibe, the culture is very creative and ready for whatever transformations and iterations we need to do to serve our applicants and client partners better,” she said.</p>
<p>According to Palmera-Montebon, Siegen Solutions is strengthening its services to complement its client needs such as technology-specialized hiring, clinical requirements, and multilingual professional requirements.</p>
<p>She added that Siegen Solutions wanted to grow further and enter the medium category by next year.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>About Siegen Solutions</strong></span></p>
<p>Founded in 2016, Siegen Solutions is one of the leading executive recruitment hubs in the Philippines. It has successfully placed thousands of Filipino professionals in various multinational BPO and tech companies and strives to make it easier for job seekers to find jobs and for businesses to find employees.</p>',
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'title' => 'Technology and customer experience: A playbook for driving long-term growth',
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'description' => 'A global study from Forbes Technology Council reports that 90% of surveyed businesses have reported at least a 40% increase in IT spending from 2022 to 2023. The same study shows that over 50% of customers will switch to a competitor after a single unsatisfactory customer experience, highlighting the need for businesses to invest in tech solutions that improve customer experience. ',
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'content' => '<p>As technology evolves, so too do the industries that use it. From cybersecurity to artificial intelligence and cloud computing, all these emerging tech trends have resulted in massive shifts in both business operations and consumer behavior across sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-9-PH-Asticom.jpg" alt="" />
<figcaption class="image-caption">Pia Montales, Head of Marketing and Corporate Communications of Asticom Group of Companies</figcaption>
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<p>A global study from Forbes Technology Council reports that 90% of surveyed businesses have reported at least a 40% increase in IT spending from 2022 to 2023. The same study shows that over 50% of customers will switch to a competitor after a single unsatisfactory customer experience, highlighting the need for businesses to invest in tech solutions that improve customer experience.</p>
<p>To learn more about the role of tech and customer experience in driving growth for businesses, GMI POST spoke with <strong>Pia Montales</strong>, <strong>Head of Marketing and Corporate Communications of Asticom Group of Companies, </strong>a Philippines-based shared services company that provides staffing and tech solutions.</p>
<p>“For me, Asticom’s goal is really to improve people’s lives. And we are able to empower and enable businesses by providing them with the best talents and the right solutions that will ultimately add value and help fulfill their goals,” said Montales.</p>
<p>Through its services, Asticom helps businesses achieve meaningful growth through innovative, co-created, and value-driven solutions tailored to fit their every need.</p>
<p>According to Montales, Asticom gives businesses access to cloud computing, web and system development, and IT support that will ensure the best experience for customers. Some of their tailored-fit solutions include optimizing human resources operations and corporate operations, delivering end-to-end financial services, and customer experience research and innovation.</p>
<p>Asked about her priorities as head of marketing, Montales identified two: To continue sharing stories of how Asticom’s solutions and talents support businesses in the Philippines and across the Asia-Pacific region; and to continue highlighting the excellent quality of the Filipino workforce.</p>
<p>Montales emphasized that Asticom and its four subsidiaries – ABSI, HCX, FINSI, and Acquiro – are committed to delivering user-friendly and high-quality staffing and tech solutions that drive growth for businesses and create value for their customers.</p>',
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'description' => 'As private schools in Asia continue to face a growing list of challenges, it's becoming clear that these academic institutions must learn to adapt if they want to survive - and this includes updating their sales and marketing strategies. ',
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'content' => '<p>In the Philippines, around 425 private elementary and high schools have permanently closed since 2020, according to data from the Department of Education. The same study cited low enrollment rates and rising maintenance costs as the main reasons behind these shutdowns. This trend isn’t unique to the Philippines either.</p>
<p>A 2022 report by The Asian Development Bank shows that other countries in Southeast Asia, including Cambodia, Thailand and Myanmar also reported a growing number of private schools closing due to financial reasons. As private schools in the region continue to face a growing list of challenges, it’s becoming clear that these academic institutions must learn to adapt if they want to survive — and this includes updating their sales and marketing strategies.</p>
<p>In a webinar hosted by CB&A, a marketing communications agency that specializes in the education market, <strong>BizEducation Consulting President and CEO Paula Reed</strong> shared three strategies that private schools can use to increase their sales.</p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-9-PH-Schools.jpg" alt="" /></p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Your marketing and sales need to be aligned and work together</strong></span></p>
<p>While sales and marketing teams have different roles, Reed highlighted that the two teams need to constantly communicate with each other. According to Reed, close collaboration prevents the ‘blame game’ that sees sales teams blame marketing for providing them with unqualified leads and marketing teams blame sales for failing to close the leads they generated.</p>
<p>Reed also shared that another benefit of having the sales and marketing team work together is that it ensures that the messaging in the marketing event and materials, such as brochures and online content, resonate with your school’s target audience.</p>
<p> </p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Review and engage your local communities</strong></span></p>
<p><strong> </strong>“Building relationships is the key to success,” Reed said as she emphasized that schools need to have updated information about their local community and engage with them in meaningful ways.</p>
<p>According to her, this will help schools build relevant collaborations with local partners, generate positive publicity and referrals, and foster deeper trust with stakeholders. From door-knocking in nearby residential areas to organizing local events that involve the entire community, Reed said ignoring these marketing strategies and focusing purely on digital are mistakes that schools often make.</p>
<p> </p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Focus on students, not amenities</strong></span></p>
<p>What’s the main factor parents consider in choosing a school for their children? According to Reed, a school’s program ultimately sets up their students for success and not its access to technology and facilities.</p>
<p>A 2022 Strada-Gallup Education Consumer survey in the U.S. discovered that 58% of parents enrolled their children in schools with a track record of successfully getting their students good jobs later in life.</p>
<p>Reed stressed that student success should always be at the forefront of marketing materials, like how many students made it to Ivy League universities, the stories of students who later became leaders in their field, and how the school’s education played a role in their success.</p>
<p>“Seeing screenshots or pictures of equipment doesn’t emote a need for change. When you share how your product helps students in whatever way, that’s the best marketing tactic,” said Reed.</p>',
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'description' => 'Born and raised in Zambia, Rechie Valdez immigrated to Canada with her Filipino parents in 1989 at the age of nine. Thirty-four years later, in July 2023, Valdez would make history when she became the first Filipino-Canadian woman to be named a minister in the government led by Prime Minister Justin Trudeau.',
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'content' => '<p>Born and raised in Zambia, <strong>Rechie Valdez</strong> immigrated to Canada with her Filipino parents in 1989 at the age of nine. Thirty-four years later, in July 2023, Valdez would make history when she became the first Filipino-Canadian woman to be named a minister in the government led by Prime Minister Justin Trudeau.</p>
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<figcaption class="image-caption">Canadian Minister of Small Business Rechie Valdez MP</figcaption>
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<p>In a CBC news report, Valdez’s appointment as Minister of Small Business was described as a “manifestation of her wealth of knowledge and ability to empower entrepreneurs and create communities of action.”</p>
<p>That wasn’t the first time Valdez made history in Canadian politics. In 2021, she became the first Filipino-Canadian woman to be elected as a member of parliament for Mississauga-Streetsville in Ontario.</p>
<p>Before entering politics, Valdez was involved in different sectors. She was a television host and presenter, a corporate banker, and an entrepreneur who co-founded and operated a small baking business that produced a Filipino fusion line of pastries and desserts.</p>
<p>“No matter what I ended up choosing to do in my career path, whether that’s corporate banking, or running my own small business as an entrepreneur, no matter where I ended up, I always gravitated towards participating, organizing, or creating spaces to build community,” Valdez said in a CTV News interview.</p>
<p>In her appointment speech, Valdez committed to continue advocating for the welfare of entrepreneurs, immigrants, women in business, and small business owners. She also highlighted the importance of diversity in driving economic growth and positive social change.</p>
<p>"I am truly honored and privileged to serve as Canada’s Minister of Small Business. I look forward to working with and supporting small businesses across our country," Valdez said in a Facebook post.</p>
<p>As of 2021, there were around 957,355 Canadians with Filipino roots, according to data from Statistics Canada, making the Philippines the third-largest immigrant group in Canada.</p>',
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'description' => 'Around 49% of Filipino students said they lack the computers needed for distance learning and basic information technology course requirements, according to a nationwide survey carried out by Pulse Asia earlier this year. ',
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'content' => '<p>Around 49% of Filipino students said they lack the computers needed for distance learning and basic information technology course requirements, according to a nationwide survey carried out by Pulse Asia earlier this year.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-7-PH-Cloudswyft.jpg" alt="" />
<figcaption class="image-caption">CloudSwyft CEO Dann Angelo de Guzman</figcaption>
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<p>The same study also showed that 52% of students said that the shortage of classrooms and other educational facilities including computer labs should be the topmost priority issue of the Department of Education.</p>
<p>Determined to bridge the learning gap in computer training and digital upskilling, <strong>CloudSwyft Global Systems, Inc. (CloudSwyft) CEO Dann Angelo de Guzman</strong> embarked on a quest to equip Filipino learners and educators with virtual labs.</p>
<p>“CloudSwyft allows universities and institutions to automate and digitize their physical computer lab operations. So, instead of schools relying alone on physical computer laboratories, which can be limited due to the number of hardware available or a university’s limited real estate and facilities on campus, our platform makes it possible for educational institutions to access fully functional and dedicated virtual lab environments anytime, anywhere,” said de Guzman.</p>
<p>The CEO also stressed that students only need a basic internet connection to run CloudSwfyt’s virtual labs and that its technology allows them access to high-level programming software applications without the need to buy “expensive high-spec laptops,” making digital upskilling both cost-effective and accessible.</p>
<p>“We're happy to see the huge positive impact that our solutions are making on the lives of students and teachers. Nobody has ever done this successfully, not just in the Philippines but in the entire APAC region. We’re proud to serve as a catalyst to accelerate learning opportunities,” said de Guzman.</p>
<p>Asked what drives the company’s growth, de Guzman told GMI POST that while demand for AI and advanced tech is a factor, the COVID pandemic made educational institutions realize that they need virtual solutions like the one CloudSwyft offers.</p>
<p>De Guzman also attributes the company’s growth to the dedication of his team. “Businesses aren’t run by a single person but by a team. I’m proud of my team at CloudSwyft because we made a truly Filipino-founded and Filipino-engineered education technology software product. Our solutions are purely grassroots, purely self-made from the ground up. No shortcuts,” he said.</p>
<p>Since the company’s inception in 2015, CloudSwyft has provided virtual lab solutions to universities, colleges, and governments worldwide with partnerships with global names in tech including Microsoft and U.K.-based FutureLearn.</p>
<p>Aside from the Philippines, CloudSwyft’s solutions have also helped underserved learners in Thailand, Vietnam, Malaysia, Indonesia, Europe, and North America.</p>',
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'content' => '<p>Philippine freight forwarding company <strong>Alphacon Logistics International Corp. (Alphacon) </strong>continues to flourish five years after its inception and, according to <strong>CEO and COO Gerry Foliente</strong>, they are just getting started.</p>
<p>“To say that the Philippines’ shipping and freight forwarding sector is highly competitive is an understatement,” said Foliente as he highlighted the country’s thriving logistics industry.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-6-PH-Alphacon.jpg" alt="" />
<figcaption class="image-caption">Alphacon CEO and COO Gerry Foliente</figcaption>
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<p>According to a 2021 report by the Organization for Economic Cooperation and Development (OECD), the country’s logistics and freight forwarding sector was valued at around $11 billion, or about 4% of the country’s gross domestic product. The same report also said the freight forwarding market was valued at $201.6 billion in the same year and is expected to reach $284.4 billion by 2030.</p>
<p>What sets Alphacon apart in this cutthroat industry? Foliente told GMI POST the company differentiates itself through its three core values.</p>
<p><strong><span style="font-size: 15pt;">First is character</span></strong></p>
<p>“Despite being a relatively new player in the logistics industry, we’ve managed to build a reputation that’s rooted in integrity through our proven track record of honesty and transparency,” said Foliente, who was aware that trust was a cornerstone of the logistics sector and prioritized building a clean name for the company since Day One.</p>
<p>“It’s really simple: You won’t get new business if you don’t gain the trust of your clients. So, we are proud of the good reputation that we have in the market and will strive to continuously earn the trust of existing and new clients,” he added.</p>
<p><span style="font-size: 15pt;"><strong>The second is competence</strong></span></p>
<p>“I've gained 30 years’ worth of experience in the logistics and shipping industry. Each of my managers has an average of 20 years in the industry. But even though we’ve got all of this knowledge and experience, we don't stop learning,” said Foliente.</p>
<p>According to him, Alphacon’s service is marked by a combination of experience and a hunger for continued learning and upskilling. Foliente also pointed out that technology integration is important in the logistics industry, which is why he said Alphacon deems it necessary to always keep up with what's happening in the industry and around the world so they won’t get left behind.</p>
<p><span style="font-size: 15pt;"><strong>Lastly, a strong and wide network</strong></span></p>
<p>“In the decades that I’ve been in the industry, I’ve seen how important it is to build and maintain relationships,” said Foliente as he shared that he has developed strategic connections worldwide in both the public and private sectors.</p>
<p>According to him, relationship building and networking have also been an effective and organic marketing strategy for Alphacon.</p>
<p>“As we develop new connections, we get referred to new clients through word of mouth. Because of our brand of service, we have clients who recommend us to other businesses as a trustworthy provider,” said Foliente.</p>
<p>Asked what makes the Philippines an attractive investment destination, Foliente answered, “Filipinos are world-class. Given the opportunity, we can compete with the best in the world, not only in logistics but in multiple sectors.”</p>
<p>Established in 2019, Alphacon is a freight forwarding company in the Philippines, a non-vessel operating common carrier (NVOCC), a GSA for BTC Aviation Services (aircraft chartering company), a cargo sales agent for AirAsia Philippines, and a hander of project shipments.</p>
<p>It has partnered with leading local and foreign air and sea carriers, including Philippine Airlines, Cebu Pacific, Qatar Airways, Gulf Air, Kuwait Airways, Singapore Airlines, Cathay Pacific, Turkish Airlines, and Ocean Network Express (ONE).</p>',
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'content' => '<p>According to a 2022 survey by global educational technology firm Instructure, 87% of students in the Philippines want to have more technology and robotics-based subjects taught in their in-person classes. That was just one of many reports, both local and global, that indicate an increasing demand for technology and robotics education in the country.</p>
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<figcaption class="image-caption">FELTA Multi-Media Inc. President and CEO Mylene Abiva</figcaption>
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<p>Earlier this year, the Department of Information and Communications Technology expressed its desire to have robotics, AI, and computer programming in the elementary school curriculum, with Assistant Secretary Jeffrey Dy highlighting the need to teach technology and increase multimedia literacy in children as young as 9 years old.</p>
<p>To learn more about how new technology is being introduced to Filipino learners and educators, GMI POST sat down with <strong>FELTA Multi-Media Inc. President and CEO Mylene Abiva. </strong></p>
<p>“For 57 years, our battle cry has been to upgrade the quality of education in the Philippines by equipping Filipino students and educators with modern and top-quality teaching materials,” said Abiva, who added FELTA was leveraging various ed-tech platforms and partnerships to ensure no Filipino student is left behind in the digital age.</p>
<p>“Since the ‘90s, we have had a strong partnership with Intel wherein we help students and teachers get access to their technology. At the time, we were the first to import their technology to the Philippines. Today, we are now an accredited Intel OEM (original equipment manufacturer), which means we manufacture shockproof and water-resistant laptops for the education space,” she also said.</p>
<p>Thanks to its collaboration with Intel, according to Abiva, FELTA was able to provide tablets, computers and laptops to many students and educators during the COVID-19 pandemic.</p>
<p>The president and CEO also shared that FELTA became an accredited global training partner of Microsoft in 2013, which allows it to use Microsoft software and products when training educators on how to use their technology and improve the learning experience for students.</p>
<p>“Aside from being a global training partner for Microsoft, we have also started introducing AI and robotics to our partners. We imported robots from LEGO Education in Denmark. We also have robots from Chinese Taipei and robots from the USA called Gearbox,” said Abiva, who was designated the first and only ambassador of the 66-member World Robot Olympiad in 2018.</p>
<p>As WRO’s official spokesperson, Abiva plans to continue raising awareness and advocating for educational robotics programs.</p>
<p>Abiva said education is a right of every child and wants to promote the mindset that education and fun go hand-in-hand. FELTA has shown that by adapting the newest technology, it can create engaging solutions that will improve Philippine education.</p>',
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<figcaption class="image-caption">SoIX Technologies, Inc. CEO Sergius Santos</figcaption>
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<p>In October, SoIX secured 11 million pesos (around $193,500) in funding from the National Development Company’s Startup Venture Fund (SVF), making it the country’s first government-backed startup. The same amount was matched by Japanese venture capital firm Real Tech Holdings.</p>
<p>"I'm very confident that with our country's skill, resourcefulness and motivation, we can attain great success in the energy industry. We are just getting started. We will continue to work very hard because Filipinos are worth it. We are all worth it. We hope that we can rally together to revolutionize the energy industry in our country,” said <strong>SoIX Technologies, Inc. CEO Sergius Santos</strong>.</p>
<p>Offering flexible rates and demand-driven prices, SoIX offers clients a non-traditional power subscription by matching energy requirements based on energy load.</p>
<p><strong>COO Matt Levin Tan</strong> said the company’s clients include leading players in manufacturing and telecommunications, among others, adding that its current clientele has a total monthly consumption of 160 MW, with its biggest customer using around 8 MW per month.</p>
<p>In a separate statement, <strong>Foxmont Capital Partners (Foxmont)</strong>, an investor from SolX’s prior round and one of the SVF’s accredited partners, expressed excitement over the follow-on investment. According to Foxmont, these new investments reaffirms their confidence in SolX's potential and in the solutions the startup offers</p>
<p>In 2022, renewable energy sources in the Philippines generated total electricity of around 15.5 terawatt-hours, most of which came from geothermal, biomass, and other renewable energy sources. Solar energy accounted for 1.8 terawatt-hours that year, according to Statista Research Department.</p>',
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<p>Established as a non-profit in 2013 after the destruction left by super typhoon Haiyan which affected around 14 million people in the Philippines, Liter of Light provides affordable, sustainable solar light to people with limited or no access to electricity.</p>
<p>Today, the organization says it has helped over 382,000 Filipinos and 690,000 people across 15 countries out of energy poverty.</p>
<p>Here’s how the organization started and nurtured its grassroots movement for accessible clean energy:<br /><br /><strong>Strategy 1: Solutions must be hyperlocalized</strong></p>
<p>“We were reading this paper by OCHA (U.N. Office for the Coordination of Humanitarian Affairs) that highlighted the importance of hyperlocalizing or shrinking the supply chain when it comes to disaster relief. So we asked ourselves: How can we maximize local knowledge, local communities, and local skills instead of relying on external interventions?”</p>
<p>Taking inspiration from their research, Diaz explained that Liter of Light focused on empowering and upskilling its national network of local villages and rural communities.</p>
<p>The CEO said they partnered with other organizations to come up with sustainable livelihood programs and educational seminars so that communities are then able to build and maintain their own lighting systems which include street and home lights made from clear two-litter plastic bottles and PVC pipes, all sourced from local and recyclable materials. </p>
<p>According to Diaz, Liter of Light also took inspiration from Habitat for Humanity where donors aren’t expected to give away houses but rather the materials needed to build the necessary homes.</p>
<p><strong>Strategy 2: Focus on what matters</strong></p>
<p>“We have this statement on our wall, ‘The purest form of charity is to make yourself obsolete’. That’s our goal,” said Diaz as he explained that Liter of Light’s mission is to create a truly sustainable solution that is replicable and easy to implement.</p>
<p>Diaz adds that Litter of Light hopes to change the world’s old way of philanthropy wherein the focus is on one-time relief missions. Instead, the CEO said he’d rather empower people through knowledge and skill-building so they can thrive within their own local communities.</p>',
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'content' => '<p>Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country’s two largest carriers, the province is determined to become “the ideal business destination” in the region.</p>
<p>At the forefront of this effort is <strong>INvest Ilocos Norte</strong>, the province’s investment promotions arm led by Gov. Michael Manotoc. In an interview with GMI POST, <strong>Provincial Investment Officer Rona Leigh Bueno</strong> outlined the four drivers behind Ilocos Norte’s economic growth plan.</p>
<p><strong>Tourism</strong></p>
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<figcaption class="image-caption">Ilocos Norte has become a favorite location for wind farms, which have also become tourist attractions.</figcaption>
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<p>With its Spanish Colonial-era architecture and pristine beaches, Ilocos Norte has been one of the top destinations among local tourists. The St. Agustine Church in the provincial capital Paoay is one of four Baroque Churches in the Philippines included in the UNESCO World Heritage List.</p>
<p>Pagudpud in the northern tip of Luzon, the largest and most populous island of the Philippines, boasts beaches with crystal clear waters and power-fine white sand.</p>
<p>"Our goal for the provincial tourism industry is to invite investors and an international chain to develop our hospitality industry even further,” said Bueno.</p>
<p><strong>Renewable energy </strong></p>
<p>Ilocos Norte is home to Southeast Asia's first wind farm. A tourist attraction in itself, the iconic Bangui Windmills currently supplies around 40% of the province’s electricity needs. Since the Bangui Wind Farm began operations in 2005, Ilocos Norte has overseen the opening of two more wind farms, one in Burgos and another in Pagudpud.</p>
<p>According to Bueno, Manotoc recognizes the immense growth potential of renewable energy in the province.</p>
<p>Only in June, Madrid-based BlueFloat Energy announced the acquisition of Wind Energy Service Contracts (WESCs) for four sites in the Philippines.</p>
<p>“Blue Float is a wind farm company that was the province’s first Green Lane certification awardee. Their pilot site will be an offshore one in Ilocos Norte,” she said.</p>
<p><strong>Digital transformation</strong></p>
<p>Ilocos Norte is proud of its recognition as one of the 25 digital cities in the Philippines by the IT and Business Processing Association of the Philippines, the Department of Information and Communications Technology (DICT), and Leechiu Property Consultants.</p>
<p>“We offer knowledge processing outsourcing (KPO), which are non-voice, backup offices that provide expert services like accounting, architecture, engineering, and healthcare. There's a big opportunity for KPOs here because we produce an average of 4,000 college graduates a year,” Bueno said.</p>
<p><strong>An ideal business environment</strong></p>
<p>With its strategic location, connectivity via its international airport, good quality of life, and tax incentives offered by the local government, Ilocos Norte provides the right conditions for businesses to thrive.</p>
<p>Also, the province has a sizeable, highly skilled workforce composed of a steady stream of college graduates who are ready to contribute to its economic success.</p>',
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'content' => '<p>Capturing 10% of the global manufacturing supply, the Philippine semiconductor industry has grown to become a valuable contributor to economic growth for over 40 years, driven by innovation in integrated circuit design.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/FA-WK11-PH-XiNYX.jpg" alt="" />
<figcaption class="image-caption">XiNYX Design General Manager Charade Avondo</figcaption>
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<p>With revenue expected to reach a compounded annual growth rate (CAGR) of 11.50% between 2023 and 2027, the Philippine IC market appears to have a promising trajectory.</p>
<p>At the forefront of this design innovation are homegrown engineers from hundreds of Philippine companies like <strong>XiNYX Design</strong>, which works closely with semiconductor and technological giants around the world. Backed by more than 600 years of combined experience, XiNYX Design has built a vast client base spread across Asia, North America and Europe.</p>
<p>“We provide our clients with our capabilities and we pride ourselves in working with the latest technologies out there to provide diversified design services,” said <strong>XiNYX Design General Manager Charade Avondo</strong> told GMI POST.</p>
<p>The company attributes its robust growth to the collaborative process from conceptualization to implementation. It works closely with clients to first understand their technical needs, before it checks and verifies the functionality of the working design and finally implements the layout of the IC chip.</p>
<p>As each step is executed remotely, XiNYX Design has nurtured long-standing partnerships in major markets, including the United States.</p>
<p>“For the American semiconductors industry, one of the key drivers is innovation. It wants to push the needle as far as possible to get compact processes. This enables us to get more advanced technologies that we can leverage to diversify our services even further. This is fundamental to our success,” Avondo said.</p>
<p>The value of Philippine IC exports to the United States is projected to reach $8.27 billion by 2027.</p>
<p>To secure its position as a major player in the local industry, XiNYX will continue investing in its Filipino engineers, equipping them with more capabilities to work with the latest transformative technologies. XiNYX wants to become the first Filipino intellectual property (IP) holder in the semiconductor and microelectronics space.</p>',
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'description' => 'One of the most dynamic economies in Southeast Asia, the Philippine economy grew at a pace of 7.6% last year, the fastest rate of economic growth recorded since 1976, according to data from S&P Global Market Intelligence. GMI POST spoke with the National Development Company to learn how it serves as a driver for inclusive growth.',
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'content' => '<p>One of the most dynamic economies in Southeast Asia, the Philippine economy grew at a pace of 7.6% last year, the fastest rate of economic growth recorded since 1976, according to data from S&P Global Market Intelligence.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-10-PH-NDC.jpg" alt="" />
<figcaption class="image-caption">National Development Company Assistant General Manager Leopoldo Acot</figcaption>
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<p>GMI POST spoke with officials from the <strong>National Development Company (NDC)</strong> to learn more about investment opportunities in the Philippines and how the organization serves as a driver for inclusive growth.</p>
<p>Established in 1919, NDC is one of the oldest companies in the Philippines and is the country’s leading state-owned enterprise. Tasked to drive industrial development and spur growth in local communities, NDC’s mandate includes pursuing commercial, industrial, and mining ventures that will support national economic development.</p>
<p><strong>NDC Assistant General Manager Leopoldo Acot </strong>pointed out that NDC supports various innovative projects across various sectors, from agriculture to financial services. It also provides financial support to qualified startups as part of its mandate to further develop the Philippine’s startup ecosystem. <br /><br />“Innovation is essential for development. Both the Department of Trade and Industry and NDC are creating programs to help local creative enterprises, promising tech-based companies, and forward-thinking startup businesses sustain and expand their operations,” Acot said.</p>
<p>In its 104-year history, the NDC has invested in 117 companies, according to <strong>NDC Corporate Planning Officer Joyce Azurin, </strong>who said the company partners not just with Filipino businesses but also with foreign investors and partners as well.</p>
<p>The NDC, Azurin also said, guarantees foreign and domestic loans, undertakes developmental projects, and invests in projects within the ASEAN region.</p>
<p>“We have shares in ASEAN Bintulo Fertilizer in Malaysia and ASEAN Potash in Thailand. We also organize subsidiary companies, like the Philippine International Trade Corporation and Philippine Pharma Procurement Incorporated,” she said.</p>
<p>The breadth of NDC’s investments is wide: from pineapple plantations in the southern Philippines to transportation, logistics, banking, and even Philippine Airlines, the country’s flag carrier, to name a few.</p>
<p>“As of year-end 2022, we invested a total of 8.15 billion pesos (around $150 million) in several projects, ranging from industrial estates to innovation, infrastructure, trading, and mining. We have recorded 58,000 jobs generated from these investments and projects,” Azurin said.</p>',
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'title' => 'Finding true north in growth: A Philippine province shows the way',
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'description' => 'Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country's two largest carriers, the province is determined to become "the ideal business destination" in the region. ',
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'content' => '<p>Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country’s two largest carriers, the province is determined to become “the ideal business destination” in the region.</p>
<p>At the forefront of this effort is <strong>INvest Ilocos Norte</strong>, the province’s investment promotions arm led by Gov. Michael Manotoc. In an interview with GMI POST, <strong>Provincial Investment Officer Rona Leigh Bueno</strong> outlined the four drivers behind Ilocos Norte’s economic growth plan.</p>
<p><strong>Tourism</strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-9-PH-Ilocos-Norte-Wind-Farm.jpg" alt="" />
<figcaption class="image-caption">Ilocos Norte has become a favorite location for wind farms, which have also become tourist attractions.</figcaption>
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<p>With its Spanish Colonial-era architecture and pristine beaches, Ilocos Norte has been one of the top destinations among local tourists. The St. Agustine Church in the provincial capital Paoay is one of four Baroque Churches in the Philippines included in the UNESCO World Heritage List.</p>
<p>Pagudpud in the northern tip of Luzon, the largest and most populous island of the Philippines, boasts beaches with crystal clear waters and power-fine white sand.</p>
<p>"Our goal for the provincial tourism industry is to invite investors and an international chain to develop our hospitality industry even further,” said Bueno.</p>
<p><strong>Renewable energy </strong></p>
<p>Ilocos Norte is home to Southeast Asia's first wind farm. A tourist attraction in itself, the iconic Bangui Windmills currently supplies around 40% of the province’s electricity needs. Since the Bangui Wind Farm began operations in 2005, Ilocos Norte has overseen the opening of two more wind farms, one in Burgos and another in Pagudpud.</p>
<p>According to Bueno, Manotoc recognizes the immense growth potential of renewable energy in the province.</p>
<p>Only in June, Madrid-based BlueFloat Energy announced the acquisition of Wind Energy Service Contracts (WESCs) for four sites in the Philippines.</p>
<p>“Blue Float is a wind farm company that was the province’s first Green Lane certification awardee. Their pilot site will be an offshore one in Ilocos Norte,” she said.</p>
<p><strong>Digital transformation</strong></p>
<p>Ilocos Norte is proud of its recognition as one of the 25 digital cities in the Philippines by the IT and Business Processing Association of the Philippines, the Department of Information and Communications Technology (DICT), and Leechiu Property Consultants.</p>
<p>“We offer knowledge processing outsourcing (KPO), which are non-voice, backup offices that provide expert services like accounting, architecture, engineering, and healthcare. There's a big opportunity for KPOs here because we produce an average of 4,000 college graduates a year,” Bueno said.</p>
<p><strong>An ideal business environment</strong></p>
<p>With its strategic location, connectivity via its international airport, good quality of life, and tax incentives offered by the local government, Ilocos Norte provides the right conditions for businesses to thrive.</p>
<p>Also, the province has a sizeable, highly skilled workforce composed of a steady stream of college graduates who are ready to contribute to its economic success.</p>',
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'title' => 'How the Philippines is keeping the lights on',
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'description' => 'The Philippines faces a challenging energy future. The country has among the highest electricity prices in Southeast Asia. With the economy growing steadily, supply is not growing as fast as demand. At the forefront of balancing the interests of all the stakeholders in the electricity market is the Energy Regulatory Commission.',
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'content' => '<p>The Philippines faces a challenging energy future. The country has among the highest electricity prices in Southeast Asia. With the economy growing steadily, supply is not growing as fast as demand. At the forefront of balancing the interests of all the stakeholders in the electricity market is the <strong>Energy Regulatory Commission</strong>.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-8-PH-Energy-Regulatory-Commission.jpg" alt="" />
<figcaption class="image-caption">Energy Regulatory Commission Division Chief and Planning Officer Don So Hiong (ERC)</figcaption>
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<p>The ERC was established in 2001 as an independent body mandated to supervise rates and services in the electric power industry, as well as ensure consumer education and protection and guarantee fair competition in the market.</p>
<p>To boost the supply of electricity in the country, the ERC has looked to renewable sources of energy, including solar and wind power.</p>
<p>“The green energy option is being implemented right now wherein big consumers can choose what type of electricity is being supplied to their operations. Another green energy option program we are implementing is the distributed energy resource. Microgrid technologies will bring green energy to areas not connected to the grid. They will have an independent and cheaper supply of electricity,” <strong>ERC Division Chief and Planning Officer Don So Hiong </strong>explained.</p>
<p>Amid all the prevailing challenges, the government agency remains focused on its primary task: to enforce a democratic and transparent regulatory environment, one that balances the interests of consumers and utility investors equally.</p>
<p>“ERC deals practically with the applications of energy industry participants. When they want to build a project, like the National Grid Corporation of the Philippines, which is the transmission concessionaire, they need to have it approved by ERC. Every cost that is passed to consumers or every project that affects electricity rates should be approved by the ERC,” So Hiong said.</p>',
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'id' => '545531',
'title' => 'What makes an effective educator? A Filipino diplomat shares her insights',
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'description' => 'In a low-income country where education is valued for its life-changing potential, millions of Filipino families prioritize the schooling of their children. Getting into one of the country's reputable colleges and universities is a dream come true. ',
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'url' => 'what-makes-an-effective-educator-a-filipino-diplomat-shares-her-insights',
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'content' => '<p>In a low-income country where education is valued for its life-changing potential, millions of Filipino families prioritize the schooling of their children. Getting into one of the country’s reputable colleges and universities is a dream come true.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-7-PH-Miriam-College.jpg" alt="" />
<figcaption class="image-caption">Miriam College President Laura Quiambao-Del Rosario (Credit: Miriam College)</figcaption>
</figure>
<p>Among those leading schools is <strong>Miriam College</strong>, which traces its roots to the American colonial period. An initiative of then Archbishop of Manila Michael J. O’Doherty, the Maryknoll Sisters of St. Dominic based in upstate New York set up a teacher-training program for women in Manila in 1926. Nearly a century later, the college has grown to include one satellite campus outside the capital and boasts a long list of notable alumni.</p>
<p>GMI POST sat down with one of Miriam College’s most prominent graduates. A career diplomat with 37 years of experience, <strong>Laura Quiambao-Del Rosario</strong> took over the helm in 2020, bringing with her a firm belief that a global worldview, particularly from non-Filipino educators, benefits students.</p>
<p>“In 2015, I lectured in 20 universities all over the Philippines I think I lectured to 10,000 students. I asked them: How many of you have been taught by a foreign professor? None of them ever had a foreign professor,” Quiambao-Del Rosario recalled.</p>
<p>“I told them that I am what I am because of 13 foreign teachers. They were the American nuns of Maryknoll College. They gave me the American perspective of freedom, the right to express myself, critical thinking, and the value of democracy,” she added.</p>
<p>After two years as head of Miriam College, the retired ambassador believes that the most well-read people make the best educators.</p>
<p>“To be an effective teacher, you have to be exposed to all kinds of ideas and experiences. That comes only with reading. I noticed in my own experience that those who are well-read and can debate in any forum are those who teach better,” she said.</p>
<p>With two master’s degrees in literature and in educational administration, Quiambao-Del Rosario started her career as a teacher in literary studies and later as director of admissions in what was then Maryknoll College. As diplomat, she served as director general of the Foreign Service Institute (2009-2011) and was also assigned to the Philippine missions in Austria, Singapore, the United States, India and Vietnam.</p>',
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'id' => '545526',
'title' => 'CCPI: The old guard of Philippine business',
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'description' => 'The Chamber of Commerce of the Philippine Islands has borne witness to the country's rich and colorful history. It has lived through the Philippine Revolution against Spain, the First and Second World Wars, the nation's transition from a commonwealth of the United States into an independent republic, and the country's descent into dictatorship and return to democratic rule.
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'content' => '<p><strong>The Chamber of Commerce of the Philippine Islands</strong> has borne witness to the country’s rich and colorful history. Founded in 1886 via royal decree, the CCPI’s origins are traced to King Alfonso XIII of Spain’s vision, through Queen Regent Maria Cristina, to establish a <em>camara de comercio </em>in every Spanish colony.</p>
<p>The CCPI lived through the Philippine Revolution against Spain, the First and Second World Wars, the nation’s transition from a commonwealth of the United States into an independent republic, and the country’s descent into dictatorship and return to democratic rule.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-5-PH-Chamber-of-Commerce-Jose-Yulo.jpg" alt="" />
<figcaption class="image-caption">Chamber of Commerce of the Philippine Islands President Jose Luis U. Yulo</figcaption>
</figure>
<p>“We are the only building in the country with a marker given by the National Historical Commission in three languages, Spanish, English and Filipino,” said <strong>Jose Luis U. Yulo</strong>, the CCPI’s 56th president.</p>
<p>Guided by the theme “History Builds the Future,” the Philippines’ oldest business organization continues to play a role in nation-building through its advocacy called “Economic Compass Pillars 5,” with the pillars being The Filipino & Education, Industries & Business, The Government, Infrastructure & Environment, and The Economy.</p>
<p>In the 21st century, CCPI has trained the focus of its advocacy toward the fulfillment of the 17 U.N. Sustainable Development Goals (SDGs): No poverty; zero hunger, good health and well-being; quality education; gender equality; clean water and sanitation; affordable and clean energy; decent work and economic growth; industry innovation and infrastructure; reduced inequalities; sustainable cities and communities; responsible consumption and production; climate action; life below water; life on land; peace, justice, and strong institutions; and partnerships for the goals.</p>
<p>As the Philippines loosened foreign ownership in Philippine companies with the amendment of the Foreign Investments Act last year, the CCPI has expressed guarded optimism.</p>
<p>“Our basic advocacy with foreign businesses is: You are welcome but within the constitutional limits of the Philippines. And we would like to have diversified multinational involvement so that we will not be dependent on monopoly control of only one country,” Yulo said.</p>
<p>“The Philippines is very much advocating for friendship, not only in terms of economic and business relations but also in cultural exchanges with countries that believe in private enterprise, freedom of speech, and other principles embodied in the Philippine constitution. Stronger relations lead to greater levels of trust between nations and can raise the quantity and quality of investments between countries,” he added.</p>',
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'id' => '545517',
'title' => 'Exploring the thriving Philippine startup ecosystem: Trends, funding and growth',
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'description' => 'The Philippine startup ecosystem is thriving, according to the Philippine Venture Capital Report 2023 released by Foxmont Capital Partners and Boston Consulting Group. Data from the report shows that the total funds raised by Philippine startups have grown from $40 million in 2010 to $1.1 billion in 2022. ',
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'content' => '<p>The Philippine startup ecosystem is thriving, according to the Philippine Venture Capital Report 2023 released by Foxmont Capital Partners and Boston Consulting Group. Data from the report shows that the total funds raised by Philippine startups have grown from $40 million in 2010 to $1.1 billion in 2022. This marks a growth of over 27 times in the past 12 years and the second straight year that the Philippines secured more than $1 billion in startup funding. <br /><br /></p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-5-PH-Startups-3.jpg" alt="" /></p>
<p>“B2C, and even more specifically D2C businesses are doing quite well in the Philippines. This is because the Philippines’ GDP is consumer-driven, with over 70% of the GDP being domestic consumption. We expect that b2b/saas solutions will soon follow,” <strong>Foxmont Capital Partners Managing Partner Franco Varona</strong> said.<br /><br /><strong>How is the national government playing an active part?</strong></p>
<p>“The Department of Information and Communications Technology and the Department of Science and Technology now actively deploy from their Startup Grant Fund, which provides equity-free grants to extremely early-stage startups. The National Development Corporation, under the Department of Trade and Industry, now manages the Startup Venture Fund, which allows for direct investments into startups with the support of their accredited co-investors. The government now understands the importance of the digitization of the nation, and we are already seeing clear steps forward that will support our startups,” Varona also said.</p>
<p><strong>What challenges lie ahead for Philippine startups?</strong></p>
<p><strong> </strong>“We recently ran a survey with our portfolio companies, and most of the challenges are right at the beginning - starting with the speed, or lack thereof, in which one can register a business. However, as mentioned earlier, as support and interaction with the government increases, we expect this to be addressed sooner than later,” Varona said. Founded in 2018, Foxmont Capital targets early-stage startups with a focus on Filipino-founded businesses.</p>
<p>“We at Foxmont are thrilled to witness the Philippines’ continuous development and together, we hope to aspire towards ever-greater heights,” said the report.</p>
<p>With its recent Fund II close of $21.3 million, Foxmont is the first and largest independent Philippine VC firm. <br /><br />Know more about Foxmont and the Philippine startup ecosystem by downloading the full <em>Philippine Venture Capital Report 2023 </em>here: <a href="https://www.foxmontcapital.com/pvcr-2023-subscription" target="_blank" rel="noopener"><strong><em>https://www.foxmontcapital.com/pvcr-2023-subscription</em></strong></a>.</p>',
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'id' => '545512',
'title' => 'Fostering success through diversity and inclusivity in the workplace',
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'description' => 'In today's corporate landscape, the value of diversity and inclusivity in the workplace cannot be overstated. According to a 2021 CNBC survey, 80 percent of respondents said they wanted to work for a company that valued diversity, equity and inclusion efforts.',
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'url' => 'fostering-success-through-diversity-and-inclusivity-in-the-workplace',
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'content' => '<p>In today's corporate landscape, the value of diversity and inclusivity in the workplace cannot be overstated. According to a 2021 CNBC survey, 80 percent of respondents said they wanted to work for a company that valued diversity, equity and inclusion efforts.</p>
<p>In striving for innovation, global reach, and employee satisfaction, many organizations recognize that long-term success will come if they nurture an environment that embraces diverse perspectives and welcomes the different experiences of their employees.</p>
<p>According to a 2021 report by business analyst and thought leader Josh Bersin, more inclusive companies were 1.7 times more likely to be innovation leaders in their market and 1.8 times more likely to be ready for change. Bersin concluded that more diversity equaled more innovation.</p>
<p>Inclusivity, on the other hand, ensures that every employee's voice is not only heard but valued. When individuals feel included, they are more likely to share their insights, participate actively, and collaborate freely. This sense of belonging ultimately enhances overall employee morale and engagement. But implementing and sustaining diversity and inclusivity requires the commitment of the entire organization and is not something that is nurtured overnight.</p>
<p>In an interview, <strong>JobStreet Philippines Country Manager Philip Gioca</strong> said, “Creating an inclusive workplace takes a whole organization, from leaders at the highest level to the junior team members to have a deeper understanding and commitment towards the brand values and culture and displaying authenticity and acceptance.”</p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-4-PH-Workplace-Diversity.jpg" alt="" /></p>
<p>Apart from ethical issues, diversity and inclusivity initiatives also make good business sense. A diverse workforce builds a wider customer base and allows a more refined understanding of the needs and preferences of customers. This can lead to more targeted marketing strategies, product innovations, and ultimately, improved business performance.</p>
<p>A global study released by Deloitte Digital in 2022 said 57% of consumers were more loyal to brands that commit to diversity and addressing social inequities in their actions</p>
<p>Implementing diversity and inclusivity requires a multifaceted approach that considers a wide range of backgrounds when hiring, promoting open communication, providing diversity training, and establishing employee resource groups to foster connections.</p>',
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'id' => '545510',
'title' => 'Are young Filipino employees working too hard? How to deal with burnout ',
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'description' => 'The majority of young working Filipinos are experiencing burnout. According to a recent report by Deloitte Philippines, 70% of Filipino Generation Z (born between 1997 and 2012) and 63% of Filipino millennials (born between 1981 and 1996) said they were experiencing occupational burnout and cited "heavy workload demands" as the main reason.',
'credit_id' => '48',
'image' => null,
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'url' => 'are-young-filipino-employees-working-too-hard-how-to-deal-with-burnout',
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'content' => '<p>The majority of young working Filipinos are experiencing burnout. According to a recent report by Deloitte Philippines, 70% of Filipino Generation Z (born between 1997 and 2012) and 63% of Filipino millennials (born between 1981 and 1996) said they were experiencing occupational burnout and cited “heavy workload demands” as the main reason.</p>
<p>Deloitte Philippines says the global average for burnout per country is 45%, an increase from 39% in 2019.</p>
<p><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK%203-PH-Work-Stress-and-Burnout.jpg" alt="" /></p>
<p>Meanwhile, a separate study conducted by research analytics firm Milieu Insight and Intellect, the largest and fastest-growing mental health tech company in Asia Pacific, revealed that 52% of employees in the Philippines reported feeling burned out from work at least a few times a month, compared to 49% in Singapore and Indonesia. The study said the “hustle culture” or “rise and grind mentality” as the main reason burnout was more prevalent in the Philippines than in other countries in the region.</p>
<p><strong>Why do Filipinos work hard?</strong></p>
<p>According to the Milieu and Intellect study, the top reasons employees in the Philippines work hard are to improve their lives and those of their loved ones (58%), to have a sense of accomplishment (53%), and to increase their income (50%).</p>
<p><strong>What are the signs of burnout?</strong></p>
<p>Burnout isn’t something that happens suddenly. It gradually sneaks up on people after prolonged high levels of stress. But there are signs and if one is wary enough, you can spot them.</p>
<p>According to Healthline, these signs include (1) forgetfulness and difficulty concentrating, (2) diminished pride in your work, (3) losing sight of yourself and your goals, (4) difficulty maintaining relationships and being present with loved ones, (5) increased frustration and irritability with co-workers, (6) unexplained muscle tension, pain, fatigue, and (7) insomnia.</p>
<p><strong>How do you deal with burnout?</strong></p>
<p>While businesses are encouraged to provide their employees with mental health support which includes giving workers access to professional help, below are some practical strategies to help you manage feelings of burnout, according to Jeanne Segal, Ph.D. of helpguide.org:</p>
<ul style="list-style-type: disc;">
<li>Reach out to those closest to you, such as family and friends.</li>
<li>Be more sociable with your co-workers to help buffer you from burnout.</li>
<li>Limit your contact with negative people.</li>
<li>Connect with a cause or a community group that is meaningful to you.</li>
<li>Expand your network and build new relationships.</li>
</ul>
<p>Occupational burnout must be taken seriously. If unrecognized and left untreated, an overworked brain and body can lead to anxiety, emotional distress, and other dire consequences.</p>',
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'id' => '545505',
'title' => 'The future of work: Three reasons Filipinos prefer remote work and hybrid setups',
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'description' => 'As the Philippines continues to recover from the pandemic, a survey conducted by Sprout Solutions in 2022 shows that more companies have shifted from remote to on-site work arrangements. Are Filipino employees happy with this?
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'content' => '<p>As the Philippines continues to recover from the pandemic, a survey conducted by Sprout Solutions in 2022 shows that more companies have shifted from remote to on-site work arrangements. Of the more than 2,200 respondents in various industries and companies in the Philippines, about 51% have started physically reporting back to work compared to only 35% in 2021.</p>
<p>Are Filipino employees happy with this?</p>
<p>A study conducted by SEEK Asia in 2023 showed that the majority of Filipino workers still prefer either a hybrid or fully remote work setup over on-site work arrangements. The study, which surveyed 97,324 respondents across six Southeast Asian countries including the Philippines, found that 46% of Filipinos are more interested in having a hybrid setup, 28% preferred fully remote, and only 26% are happy with physically reporting back to their respective offices.</p>
<p>Here are three reasons why a majority of Filipino employees prefer a work-from-home or hybrid work setup.</p>
<p><strong><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-2-PH-Work-from-Home.jpg" alt="" /></strong></p>
<p><strong>Less travel time</strong></p>
<p>Manila is part of the top 10 cities with the worst traffic in the world, according to the 2022 TomTom Trafï¬c Index. On average, it took 27 minutes for Filipinos to travel 10 kilometers in Metro Manila last year.</p>
<p>Working from home eases Filipinos from this burden since they only need a computer and internet connection to work.</p>
<p><strong>Remote work increases productivity</strong></p>
<p>According to a global survey by ConnectSolution, 77% of those who work remotely show increased productivity, with 30% doing more work in less time and 24% doing more work in the same period. This could be due to reduced commute times, fewer in-person distractions, or the freedom to design a work environment that best suits their needs.</p>
<p><strong>Working from home improves work-life balance</strong></p>
<p>A study conducted by Jobstreet in 2023 shows at least 73% of Filipino jobseekers surveyed want a stable job with a work-life balance. This was higher than the global average of 69%. The study also found that 56% of remote work employees report improved mental health due to improved work-life balance and flexibility.</p>
<p>While it’s true that the global pandemic came with many challenges, it has also opened multiple opportunities for businesses to make more accessible and inclusive workspaces.</p>
<p>Companies should take this opportunity to ask for input from their teams on their preferred work arrangements so that their employees feel they are listened to, supported, and provided the right conditions to thrive both personally and professionally.</p>',
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'title' => 'FDI inflows to the Philippines: Trends and sectors to look out for',
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'description' => 'The Philippines' foreign direct investment (FDI) attraction strategy is right on track, according to experts. In February 2023, the Banko Sentral ng Pilipinas (BSP), the Philippines' central bank, reported $1 billion in net inflows from FDIs, the highest since December 2021. ',
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'content' => '<p>The Philippines’ foreign direct investment (FDI) attraction strategy is right on track, according to experts.</p>
<p>In February 2023, the Banko Sentral ng Pilipinas (BSP), the Philippines’ central bank, reported $1 billion in net inflows from FDIs, the highest since December 2021.</p>
<p>Michael Ricafort, Chief Economist for Rizal Commercial Banking Corporation (RCBC), one of the largest commercial banks in the Philippines, said in a press release to local media that the latest net FDI level is among the highest since the pandemic started.</p>
<p>“For the coming months, net FDI could pick up further amid measures to further reopen the economy with no more restrictions as a policy priority, the Philippine economy’s growth is expected to be among the fastest in the Southeast Asia region,” said Ricafort. </p>
<p> </p>
<p><img class="align-center" src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK%201-PH-FDI-Outlook.jpg" alt="" /></p>
<p> </p>
<p>Ricafort added reforms and amendments on foreign ownership limits, such as those under the Public Services Act, Foreign Investments Act, and Retail Trade Liberalization Act, “would all further encourage and attract more FDIs into the country.”</p>
<p>Data from the Philippine Statistics Authority (PSA) shows that the top three countries with the highest share of approved foreign investments in the Philippines for the first quarter of 2023 were Germany (PHP 156.96 billion), Japan (PHP 3.82 billion), and the Netherlands (PHP 2.65 billion).</p>
<p>Meanwhile, the top 3 industries in the Philippines to receive the highest share of approved foreign investments are electricity, gas, steam, and air conditioning supply (PHP 440.08 billion), manufacturing (PHP 24.06 billion), and real estate activities (PHP 7.93 billion).</p>
<p>Amid the continued economic growth, the Philippines remains attractive to foreign investors because of its business-friendly policies, high-quality labor force, healthy employment rate (95.25), and the size of its consumer market (It is the second-largest in Southeast Asia).</p>',
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'title' => 'Get to know the Philippines' best workplace for 2023',
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'description' => 'Talent solutions provider Siegen Solutions has topped Great Place To Work®'s list of Best Workplaces™ in the Philippines for 2023 under the small category, or companies with less than 100 employees. ',
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'content' => '<p>Talent solutions provider <strong>Siegen Solutions </strong>has topped <strong>Great Place To Work®’s</strong> list of <em>Best Workplaces™</em> in the Philippines for 2023 under the small category, or companies with less than 100 employees.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>What makes a great workplace?</strong></span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-10-PH-SEIGEN.jpg" alt="" />
<figcaption class="image-caption">Siegen Solutions President and CEO Aya Palmera-Montebon</figcaption>
</figure>
<p>According to <strong>Great Place To Work®</strong>’s more than 30 years of data analysis and a survey of over 100 million employees around the globe, people experience a "great" workplace when they consistently: (1) trust the people they work for; (2) have pride in what they do; and (3) experience camaraderie with their colleagues.</p>
<p>Using the aforementioned definition, Great Place To Work® uses its <strong>Great Place to Work® Trust Model©, </strong>which quantifies the ‘employee experience’ and is the foundation of its <strong>Trust Index© Employee Survey,</strong> the results of which give each company a rating between 1 and 100%.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Siegen Solutions’ score</strong></span></p>
<p>Siegen Solutions garnered a 100% approval rating from its employees with all of them saying it was a great company to work for. With this score, Siegen Solutions outperformed a typical global company under the same category, which only achieved a 53% rating on average.</p>
<p>The results of Siegen Solutions’ Trust Index© Employee Survey also showed that 100% of its employees said they: (1) were made to feel welcome upon being on-boarded, (2) felt a sense of pride for their work, (3) had customers who rated their service as “excellent”, and (4) had executives who fully embodied the best characteristics of their company.</p>
<p>In an interview with local news organization Inquirer, <strong>Siegen Solutions President and CEO Aya Palmera-Montebon</strong> attributed the company’s success to the collective efforts of the entire team, especially the under-30s, who bring a fresh perspective and dynamic energy to the workplace.</p>
<p>“The team is young, passionate, and energetic. I am the oldest among the regular employees. But given the young vibe, the culture is very creative and ready for whatever transformations and iterations we need to do to serve our applicants and client partners better,” she said.</p>
<p>According to Palmera-Montebon, Siegen Solutions is strengthening its services to complement its client needs such as technology-specialized hiring, clinical requirements, and multilingual professional requirements.</p>
<p>She added that Siegen Solutions wanted to grow further and enter the medium category by next year.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>About Siegen Solutions</strong></span></p>
<p>Founded in 2016, Siegen Solutions is one of the leading executive recruitment hubs in the Philippines. It has successfully placed thousands of Filipino professionals in various multinational BPO and tech companies and strives to make it easier for job seekers to find jobs and for businesses to find employees.</p>',
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'description' => 'A global study from Forbes Technology Council reports that 90% of surveyed businesses have reported at least a 40% increase in IT spending from 2022 to 2023. The same study shows that over 50% of customers will switch to a competitor after a single unsatisfactory customer experience, highlighting the need for businesses to invest in tech solutions that improve customer experience. ',
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'content' => '<p>As technology evolves, so too do the industries that use it. From cybersecurity to artificial intelligence and cloud computing, all these emerging tech trends have resulted in massive shifts in both business operations and consumer behavior across sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-9-PH-Asticom.jpg" alt="" />
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<p>A global study from Forbes Technology Council reports that 90% of surveyed businesses have reported at least a 40% increase in IT spending from 2022 to 2023. The same study shows that over 50% of customers will switch to a competitor after a single unsatisfactory customer experience, highlighting the need for businesses to invest in tech solutions that improve customer experience.</p>
<p>To learn more about the role of tech and customer experience in driving growth for businesses, GMI POST spoke with <strong>Pia Montales</strong>, <strong>Head of Marketing and Corporate Communications of Asticom Group of Companies, </strong>a Philippines-based shared services company that provides staffing and tech solutions.</p>
<p>“For me, Asticom’s goal is really to improve people’s lives. And we are able to empower and enable businesses by providing them with the best talents and the right solutions that will ultimately add value and help fulfill their goals,” said Montales.</p>
<p>Through its services, Asticom helps businesses achieve meaningful growth through innovative, co-created, and value-driven solutions tailored to fit their every need.</p>
<p>According to Montales, Asticom gives businesses access to cloud computing, web and system development, and IT support that will ensure the best experience for customers. Some of their tailored-fit solutions include optimizing human resources operations and corporate operations, delivering end-to-end financial services, and customer experience research and innovation.</p>
<p>Asked about her priorities as head of marketing, Montales identified two: To continue sharing stories of how Asticom’s solutions and talents support businesses in the Philippines and across the Asia-Pacific region; and to continue highlighting the excellent quality of the Filipino workforce.</p>
<p>Montales emphasized that Asticom and its four subsidiaries – ABSI, HCX, FINSI, and Acquiro – are committed to delivering user-friendly and high-quality staffing and tech solutions that drive growth for businesses and create value for their customers.</p>',
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'content' => '<p>In the Philippines, around 425 private elementary and high schools have permanently closed since 2020, according to data from the Department of Education. The same study cited low enrollment rates and rising maintenance costs as the main reasons behind these shutdowns. This trend isn’t unique to the Philippines either.</p>
<p>A 2022 report by The Asian Development Bank shows that other countries in Southeast Asia, including Cambodia, Thailand and Myanmar also reported a growing number of private schools closing due to financial reasons. As private schools in the region continue to face a growing list of challenges, it’s becoming clear that these academic institutions must learn to adapt if they want to survive — and this includes updating their sales and marketing strategies.</p>
<p>In a webinar hosted by CB&A, a marketing communications agency that specializes in the education market, <strong>BizEducation Consulting President and CEO Paula Reed</strong> shared three strategies that private schools can use to increase their sales.</p>
<p><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-9-PH-Schools.jpg" alt="" /></p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Your marketing and sales need to be aligned and work together</strong></span></p>
<p>While sales and marketing teams have different roles, Reed highlighted that the two teams need to constantly communicate with each other. According to Reed, close collaboration prevents the ‘blame game’ that sees sales teams blame marketing for providing them with unqualified leads and marketing teams blame sales for failing to close the leads they generated.</p>
<p>Reed also shared that another benefit of having the sales and marketing team work together is that it ensures that the messaging in the marketing event and materials, such as brochures and online content, resonate with your school’s target audience.</p>
<p> </p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Review and engage your local communities</strong></span></p>
<p><strong> </strong>“Building relationships is the key to success,” Reed said as she emphasized that schools need to have updated information about their local community and engage with them in meaningful ways.</p>
<p>According to her, this will help schools build relevant collaborations with local partners, generate positive publicity and referrals, and foster deeper trust with stakeholders. From door-knocking in nearby residential areas to organizing local events that involve the entire community, Reed said ignoring these marketing strategies and focusing purely on digital are mistakes that schools often make.</p>
<p> </p>
<p><span style="font-size: 18pt; font-family: helvetica;"><strong>Focus on students, not amenities</strong></span></p>
<p>What’s the main factor parents consider in choosing a school for their children? According to Reed, a school’s program ultimately sets up their students for success and not its access to technology and facilities.</p>
<p>A 2022 Strada-Gallup Education Consumer survey in the U.S. discovered that 58% of parents enrolled their children in schools with a track record of successfully getting their students good jobs later in life.</p>
<p>Reed stressed that student success should always be at the forefront of marketing materials, like how many students made it to Ivy League universities, the stories of students who later became leaders in their field, and how the school’s education played a role in their success.</p>
<p>“Seeing screenshots or pictures of equipment doesn’t emote a need for change. When you share how your product helps students in whatever way, that’s the best marketing tactic,” said Reed.</p>',
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'content' => '<p>Born and raised in Zambia, <strong>Rechie Valdez</strong> immigrated to Canada with her Filipino parents in 1989 at the age of nine. Thirty-four years later, in July 2023, Valdez would make history when she became the first Filipino-Canadian woman to be named a minister in the government led by Prime Minister Justin Trudeau.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-8-PH-Rechie-Valdez.jpg" alt="" />
<figcaption class="image-caption">Canadian Minister of Small Business Rechie Valdez MP</figcaption>
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<p>In a CBC news report, Valdez’s appointment as Minister of Small Business was described as a “manifestation of her wealth of knowledge and ability to empower entrepreneurs and create communities of action.”</p>
<p>That wasn’t the first time Valdez made history in Canadian politics. In 2021, she became the first Filipino-Canadian woman to be elected as a member of parliament for Mississauga-Streetsville in Ontario.</p>
<p>Before entering politics, Valdez was involved in different sectors. She was a television host and presenter, a corporate banker, and an entrepreneur who co-founded and operated a small baking business that produced a Filipino fusion line of pastries and desserts.</p>
<p>“No matter what I ended up choosing to do in my career path, whether that’s corporate banking, or running my own small business as an entrepreneur, no matter where I ended up, I always gravitated towards participating, organizing, or creating spaces to build community,” Valdez said in a CTV News interview.</p>
<p>In her appointment speech, Valdez committed to continue advocating for the welfare of entrepreneurs, immigrants, women in business, and small business owners. She also highlighted the importance of diversity in driving economic growth and positive social change.</p>
<p>"I am truly honored and privileged to serve as Canada’s Minister of Small Business. I look forward to working with and supporting small businesses across our country," Valdez said in a Facebook post.</p>
<p>As of 2021, there were around 957,355 Canadians with Filipino roots, according to data from Statistics Canada, making the Philippines the third-largest immigrant group in Canada.</p>',
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'content' => '<p>Around 49% of Filipino students said they lack the computers needed for distance learning and basic information technology course requirements, according to a nationwide survey carried out by Pulse Asia earlier this year.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-7-PH-Cloudswyft.jpg" alt="" />
<figcaption class="image-caption">CloudSwyft CEO Dann Angelo de Guzman</figcaption>
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<p>The same study also showed that 52% of students said that the shortage of classrooms and other educational facilities including computer labs should be the topmost priority issue of the Department of Education.</p>
<p>Determined to bridge the learning gap in computer training and digital upskilling, <strong>CloudSwyft Global Systems, Inc. (CloudSwyft) CEO Dann Angelo de Guzman</strong> embarked on a quest to equip Filipino learners and educators with virtual labs.</p>
<p>“CloudSwyft allows universities and institutions to automate and digitize their physical computer lab operations. So, instead of schools relying alone on physical computer laboratories, which can be limited due to the number of hardware available or a university’s limited real estate and facilities on campus, our platform makes it possible for educational institutions to access fully functional and dedicated virtual lab environments anytime, anywhere,” said de Guzman.</p>
<p>The CEO also stressed that students only need a basic internet connection to run CloudSwfyt’s virtual labs and that its technology allows them access to high-level programming software applications without the need to buy “expensive high-spec laptops,” making digital upskilling both cost-effective and accessible.</p>
<p>“We're happy to see the huge positive impact that our solutions are making on the lives of students and teachers. Nobody has ever done this successfully, not just in the Philippines but in the entire APAC region. We’re proud to serve as a catalyst to accelerate learning opportunities,” said de Guzman.</p>
<p>Asked what drives the company’s growth, de Guzman told GMI POST that while demand for AI and advanced tech is a factor, the COVID pandemic made educational institutions realize that they need virtual solutions like the one CloudSwyft offers.</p>
<p>De Guzman also attributes the company’s growth to the dedication of his team. “Businesses aren’t run by a single person but by a team. I’m proud of my team at CloudSwyft because we made a truly Filipino-founded and Filipino-engineered education technology software product. Our solutions are purely grassroots, purely self-made from the ground up. No shortcuts,” he said.</p>
<p>Since the company’s inception in 2015, CloudSwyft has provided virtual lab solutions to universities, colleges, and governments worldwide with partnerships with global names in tech including Microsoft and U.K.-based FutureLearn.</p>
<p>Aside from the Philippines, CloudSwyft’s solutions have also helped underserved learners in Thailand, Vietnam, Malaysia, Indonesia, Europe, and North America.</p>',
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'content' => '<p>Philippine freight forwarding company <strong>Alphacon Logistics International Corp. (Alphacon) </strong>continues to flourish five years after its inception and, according to <strong>CEO and COO Gerry Foliente</strong>, they are just getting started.</p>
<p>“To say that the Philippines’ shipping and freight forwarding sector is highly competitive is an understatement,” said Foliente as he highlighted the country’s thriving logistics industry.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-6-PH-Alphacon.jpg" alt="" />
<figcaption class="image-caption">Alphacon CEO and COO Gerry Foliente</figcaption>
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<p>According to a 2021 report by the Organization for Economic Cooperation and Development (OECD), the country’s logistics and freight forwarding sector was valued at around $11 billion, or about 4% of the country’s gross domestic product. The same report also said the freight forwarding market was valued at $201.6 billion in the same year and is expected to reach $284.4 billion by 2030.</p>
<p>What sets Alphacon apart in this cutthroat industry? Foliente told GMI POST the company differentiates itself through its three core values.</p>
<p><strong><span style="font-size: 15pt;">First is character</span></strong></p>
<p>“Despite being a relatively new player in the logistics industry, we’ve managed to build a reputation that’s rooted in integrity through our proven track record of honesty and transparency,” said Foliente, who was aware that trust was a cornerstone of the logistics sector and prioritized building a clean name for the company since Day One.</p>
<p>“It’s really simple: You won’t get new business if you don’t gain the trust of your clients. So, we are proud of the good reputation that we have in the market and will strive to continuously earn the trust of existing and new clients,” he added.</p>
<p><span style="font-size: 15pt;"><strong>The second is competence</strong></span></p>
<p>“I've gained 30 years’ worth of experience in the logistics and shipping industry. Each of my managers has an average of 20 years in the industry. But even though we’ve got all of this knowledge and experience, we don't stop learning,” said Foliente.</p>
<p>According to him, Alphacon’s service is marked by a combination of experience and a hunger for continued learning and upskilling. Foliente also pointed out that technology integration is important in the logistics industry, which is why he said Alphacon deems it necessary to always keep up with what's happening in the industry and around the world so they won’t get left behind.</p>
<p><span style="font-size: 15pt;"><strong>Lastly, a strong and wide network</strong></span></p>
<p>“In the decades that I’ve been in the industry, I’ve seen how important it is to build and maintain relationships,” said Foliente as he shared that he has developed strategic connections worldwide in both the public and private sectors.</p>
<p>According to him, relationship building and networking have also been an effective and organic marketing strategy for Alphacon.</p>
<p>“As we develop new connections, we get referred to new clients through word of mouth. Because of our brand of service, we have clients who recommend us to other businesses as a trustworthy provider,” said Foliente.</p>
<p>Asked what makes the Philippines an attractive investment destination, Foliente answered, “Filipinos are world-class. Given the opportunity, we can compete with the best in the world, not only in logistics but in multiple sectors.”</p>
<p>Established in 2019, Alphacon is a freight forwarding company in the Philippines, a non-vessel operating common carrier (NVOCC), a GSA for BTC Aviation Services (aircraft chartering company), a cargo sales agent for AirAsia Philippines, and a hander of project shipments.</p>
<p>It has partnered with leading local and foreign air and sea carriers, including Philippine Airlines, Cebu Pacific, Qatar Airways, Gulf Air, Kuwait Airways, Singapore Airlines, Cathay Pacific, Turkish Airlines, and Ocean Network Express (ONE).</p>',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R4/EDC-NL-R4-WK-5-PH-FELTA.jpg" alt="" />
<figcaption class="image-caption">FELTA Multi-Media Inc. President and CEO Mylene Abiva</figcaption>
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<p>Earlier this year, the Department of Information and Communications Technology expressed its desire to have robotics, AI, and computer programming in the elementary school curriculum, with Assistant Secretary Jeffrey Dy highlighting the need to teach technology and increase multimedia literacy in children as young as 9 years old.</p>
<p>To learn more about how new technology is being introduced to Filipino learners and educators, GMI POST sat down with <strong>FELTA Multi-Media Inc. President and CEO Mylene Abiva. </strong></p>
<p>“For 57 years, our battle cry has been to upgrade the quality of education in the Philippines by equipping Filipino students and educators with modern and top-quality teaching materials,” said Abiva, who added FELTA was leveraging various ed-tech platforms and partnerships to ensure no Filipino student is left behind in the digital age.</p>
<p>“Since the ‘90s, we have had a strong partnership with Intel wherein we help students and teachers get access to their technology. At the time, we were the first to import their technology to the Philippines. Today, we are now an accredited Intel OEM (original equipment manufacturer), which means we manufacture shockproof and water-resistant laptops for the education space,” she also said.</p>
<p>Thanks to its collaboration with Intel, according to Abiva, FELTA was able to provide tablets, computers and laptops to many students and educators during the COVID-19 pandemic.</p>
<p>The president and CEO also shared that FELTA became an accredited global training partner of Microsoft in 2013, which allows it to use Microsoft software and products when training educators on how to use their technology and improve the learning experience for students.</p>
<p>“Aside from being a global training partner for Microsoft, we have also started introducing AI and robotics to our partners. We imported robots from LEGO Education in Denmark. We also have robots from Chinese Taipei and robots from the USA called Gearbox,” said Abiva, who was designated the first and only ambassador of the 66-member World Robot Olympiad in 2018.</p>
<p>As WRO’s official spokesperson, Abiva plans to continue raising awareness and advocating for educational robotics programs.</p>
<p>Abiva said education is a right of every child and wants to promote the mindset that education and fun go hand-in-hand. FELTA has shown that by adapting the newest technology, it can create engaging solutions that will improve Philippine education.</p>',
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'content' => '<p>In a complex energy market, Filipino startup <strong>SoIX Technologies, Inc. </strong>wants to make it easier for the public to access renewable energy through digital platforms and technology that will expand the company’s presence beyond the Philippines and boost the country’s position in the value chain. </p>
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<p>In October, SoIX secured 11 million pesos (around $193,500) in funding from the National Development Company’s Startup Venture Fund (SVF), making it the country’s first government-backed startup. The same amount was matched by Japanese venture capital firm Real Tech Holdings.</p>
<p>"I'm very confident that with our country's skill, resourcefulness and motivation, we can attain great success in the energy industry. We are just getting started. We will continue to work very hard because Filipinos are worth it. We are all worth it. We hope that we can rally together to revolutionize the energy industry in our country,” said <strong>SoIX Technologies, Inc. CEO Sergius Santos</strong>.</p>
<p>Offering flexible rates and demand-driven prices, SoIX offers clients a non-traditional power subscription by matching energy requirements based on energy load.</p>
<p><strong>COO Matt Levin Tan</strong> said the company’s clients include leading players in manufacturing and telecommunications, among others, adding that its current clientele has a total monthly consumption of 160 MW, with its biggest customer using around 8 MW per month.</p>
<p>In a separate statement, <strong>Foxmont Capital Partners (Foxmont)</strong>, an investor from SolX’s prior round and one of the SVF’s accredited partners, expressed excitement over the follow-on investment. According to Foxmont, these new investments reaffirms their confidence in SolX's potential and in the solutions the startup offers</p>
<p>In 2022, renewable energy sources in the Philippines generated total electricity of around 15.5 terawatt-hours, most of which came from geothermal, biomass, and other renewable energy sources. Solar energy accounted for 1.8 terawatt-hours that year, according to Statista Research Department.</p>',
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<p>Established as a non-profit in 2013 after the destruction left by super typhoon Haiyan which affected around 14 million people in the Philippines, Liter of Light provides affordable, sustainable solar light to people with limited or no access to electricity.</p>
<p>Today, the organization says it has helped over 382,000 Filipinos and 690,000 people across 15 countries out of energy poverty.</p>
<p>Here’s how the organization started and nurtured its grassroots movement for accessible clean energy:<br /><br /><strong>Strategy 1: Solutions must be hyperlocalized</strong></p>
<p>“We were reading this paper by OCHA (U.N. Office for the Coordination of Humanitarian Affairs) that highlighted the importance of hyperlocalizing or shrinking the supply chain when it comes to disaster relief. So we asked ourselves: How can we maximize local knowledge, local communities, and local skills instead of relying on external interventions?”</p>
<p>Taking inspiration from their research, Diaz explained that Liter of Light focused on empowering and upskilling its national network of local villages and rural communities.</p>
<p>The CEO said they partnered with other organizations to come up with sustainable livelihood programs and educational seminars so that communities are then able to build and maintain their own lighting systems which include street and home lights made from clear two-litter plastic bottles and PVC pipes, all sourced from local and recyclable materials. </p>
<p>According to Diaz, Liter of Light also took inspiration from Habitat for Humanity where donors aren’t expected to give away houses but rather the materials needed to build the necessary homes.</p>
<p><strong>Strategy 2: Focus on what matters</strong></p>
<p>“We have this statement on our wall, ‘The purest form of charity is to make yourself obsolete’. That’s our goal,” said Diaz as he explained that Liter of Light’s mission is to create a truly sustainable solution that is replicable and easy to implement.</p>
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'description' => 'Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country's two largest carriers, the province is determined to become "the ideal business destination" in the region. ',
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'content' => '<p>Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and international. With an international airport served by the country’s two largest carriers, the province is determined to become “the ideal business destination” in the region.</p>
<p>At the forefront of this effort is <strong>INvest Ilocos Norte</strong>, the province’s investment promotions arm led by Gov. Michael Manotoc. In an interview with GMI POST, <strong>Provincial Investment Officer Rona Leigh Bueno</strong> outlined the four drivers behind Ilocos Norte’s economic growth plan.</p>
<p><strong>Tourism</strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Non-Report/Newsletters%202023/2023-R3/EDC-NL-R3-WK-9-PH-Ilocos-Norte-Wind-Farm.jpg" alt="" />
<figcaption class="image-caption">Ilocos Norte has become a favorite location for wind farms, which have also become tourist attractions.</figcaption>
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<p>With its Spanish Colonial-era architecture and pristine beaches, Ilocos Norte has been one of the top destinations among local tourists. The St. Agustine Church in the provincial capital Paoay is one of four Baroque Churches in the Philippines included in the UNESCO World Heritage List.</p>
<p>Pagudpud in the northern tip of Luzon, the largest and most populous island of the Philippines, boasts beaches with crystal clear waters and power-fine white sand.</p>
<p>"Our goal for the provincial tourism industry is to invite investors and an international chain to develop our hospitality industry even further,” said Bueno.</p>
<p><strong>Renewable energy </strong></p>
<p>Ilocos Norte is home to Southeast Asia's first wind farm. A tourist attraction in itself, the iconic Bangui Windmills currently supplies around 40% of the province’s electricity needs. Since the Bangui Wind Farm began operations in 2005, Ilocos Norte has overseen the opening of two more wind farms, one in Burgos and another in Pagudpud.</p>
<p>According to Bueno, Manotoc recognizes the immense growth potential of renewable energy in the province.</p>
<p>Only in June, Madrid-based BlueFloat Energy announced the acquisition of Wind Energy Service Contracts (WESCs) for four sites in the Philippines.</p>
<p>“Blue Float is a wind farm company that was the province’s first Green Lane certification awardee. Their pilot site will be an offshore one in Ilocos Norte,” she said.</p>
<p><strong>Digital transformation</strong></p>
<p>Ilocos Norte is proud of its recognition as one of the 25 digital cities in the Philippines by the IT and Business Processing Association of the Philippines, the Department of Information and Communications Technology (DICT), and Leechiu Property Consultants.</p>
<p>“We offer knowledge processing outsourcing (KPO), which are non-voice, backup offices that provide expert services like accounting, architecture, engineering, and healthcare. There's a big opportunity for KPOs here because we produce an average of 4,000 college graduates a year,” Bueno said.</p>
<p><strong>An ideal business environment</strong></p>
<p>With its strategic location, connectivity via its international airport, good quality of life, and tax incentives offered by the local government, Ilocos Norte provides the right conditions for businesses to thrive.</p>
<p>Also, the province has a sizeable, highly skilled workforce composed of a steady stream of college graduates who are ready to contribute to its economic success.</p>',
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Finding true north in growth: A Philippine province shows the way
Because of its distance from the Philippine capital Manila, Ilocos Norte might not have been at the top of the list for investors, both local and i...
