Sheena Jacobo, who won the National Finals of Red Bull Doodle Art, will represent the Philippines in the World Finals of Red Bull Doodle Art in Amsterdam, where she will compete against the best doodlers in the world.
Her doodle, which was centered on the theme of unity among all life forms, was chosen from hundreds of submissions at the National Finals, and she will represent the Philippines in the World Finals of Red Bull Doodle Art in Amsterdam, where she will need to be well-equipped with creativity, innovation, and resourcefulness to draw inspiration from her imagination.
“After reading the Red Bull Doodle Art World Finals criteria, I started thinking about my ideas, such as what I’d like to portray in my doodle with Burnt Toast’s icon. I began to draw the themes that I’d envisioned. My doodle depicts the Filipino people during the Summer season. Activities that Filipinos enjoyed, our culture, and what Filipinos can offer the world,” said Jacobo.
“I really want to inspire artists like me that anyone, regardless of background, can do anything if they believe they can. My ultimate goal is, of course, to win the top spot. I know my competitors are really amazing, and winning the World Finals will truly be an honor,” she added.
The theme of this season’s Red Bull Doodle Art World Finals revolves around the evolving landscape of cryptocurrency and NFTs, encouraging full creative reign for the competing contestants.
With Jacobo’s motivation at an all-time high, the graduate student from the Masters of Arts program at Naga College Foundation, Inc. is confident she will be on her A-Game headed to the world stage in Amsterdam.
Support Sheena Jacobo as she claims her rightful throne as the best doodle artist in the world when she competes with fellow artists from over 60 countries around the world.
Southeast Asia is a growing hub for startups, with many successful companies emerging in recent years. The region has also seen a spike in startup acquisitions that the market is now worth $2.6-billion.
The venture capital industry in Southeast Asia, likewise, is growing rapidly – with many firms investing in startups across the region. Some of the most active venture capital firms in Southeast Asia include 500 Startups, Alpha JWC Ventures, Insignia Ventures Partners, and Golden Gate Ventures.
Kickstart Ventures is a venture capital firm in the Philippines that is fully owned by Globe Telecom, the country’s leading mobile operator. The company is also the advisor to the Ayala Corporation Technology Innovation Venture (ACTIVE) Fund, which is the largest venture capital fund in the Philippines that invests in tech startups globally.
It is also one of the largest venture capital firms in the Philippines, with over 61 investments in 8 countries led by 130 Founders. The firm invests in enterprise solutions, SaaS, financial technology, health technology, educational technology, eCommerce and marketplace, and digital lifestyle sectors.
To date, Kickstart Ventures is continuously growing its local portfolio and has made a total of 35 startup investments in the country making the firm the most active investor in the Philippines. Since its inception, the company has been at the forefront of supporting promising startups in the Philippines and Southeast Asia’s major innovation hubs.
Kickstart Ventures funds early (exemplary Seed) to early-growth stage (Series A to C) startups globally out of the three funds (Funds 1 and 2 and the ACTIVE fund) and takes minority equity positions, providing cash, and active operating support to help startups grow.
The firm also offers more than just financial resources to startups. Their post-investment support provides portfolio companies with access to a multitude of resources – orchestrating commercial and strategic partnerships with Globe and Ayala to open up markets, connecting with key ecosystem players through community engagements, and providing wider reach through local and regional media networks.
KICKSTART VENTURES PORTFOLIO COMPANIES
Xendit is a financial technology company that provides payment solutions and simplifies payment processes for businesses in the Philippines, Indonesia, Malaysia and Southeast Asia, from SMEs, startups, e-commerce to large corporations. Xendit enables businesses to receive payments, cash out, disburse payroll, run marketplaces and more, through an easy integration platform supported by 24-hour customer service. Amidst Southeast Asia’s fragmented payments landscape, Xendit Philippines enables businesses to accept payments from direct debit, credit and debit cards, eWallets, retail outlets, and online installments.
Building on the digital payments infrastructure in the Southeast Asia region, Xendit is shaping the next generation of scalable businesses across the region. Xendit is driving digital transformation in the Southeast Asia region by addressing access, reliability and regulatory needs to enable more businesses to thrive and thrive. As the first Indonesian startup to pass YCombinator and supported by global investors and venture capital firms in the Southeast Asia region, Xendit supports some of the fastest-growing brands in Southeast Asia including Traveloka, Wish, and Grab.
Mosaic Solutions is a provider of business management systems in the Philippines and SEA region. They offer a comprehensive suite of technology solutions to help food businesses, retailers, and malls stay ahead of the curve, streamline their processes and make better business decisions through data. From a POS that integrates with third-party delivery apps to inventory management and advanced data analytics, Mosaic has the tools and expertise to help businesses succeed. To learn more about how Mosaic Solutions’ technology, visit http://www.mosaic-solutions.com.
Mosaic is backed by well-known venture capital firms in the APAC region, Kickstart Ventures, Gentree Fund, and Investible.
Sprout Solutions is the largest local SaaS company in annual recurring revenue (ARR) in the Philippines, impacting the lives of Filipinos by improving business in the country. Sprout offers an HR platform for the future of work with an ecosystem of desktop and mobile solutions that automate and simplify core HR & Payroll, recruitment, performance management, employee engagement and benefits, and valuable HR analytics.
These innovative solutions have been consistently awarded by G2 and Capterra, recognized global review sites that identify top business software products—also awarded as a 2023 Growth Champion locally and in APAC by Philippine Daily Inquirer and the Financial Times.
SariSuki is a community selling and buying platform that helps people become online grocery sellers in their neighborhood and offers fresh and affordable grocery items to buyers.
Kumu is a powerful social media platform that brings Filipino voices from all over the globe to the forefront. Our mission is to be the live-streaming platform that champions Filipino voices from across the world, creating a vibrant online culture filled with positivity and possibilities.
edamama is the first integrated digital platform for parents, bringing together content, commerce, and community.
Tired of missing out on the latest game of your favorite NBA team? Put your game face on with GCash, as the country’s leading mobile wallet partners with Alipay+ to bring you closer to the NBA.
GCash is offering basketball fanatics an easier and more secure payment option for their monthly NBA League Pass subscription in the new and improved NBA App – no credit card needed!
By choosing GCash as your preferred payment method for your NBA League Pass subscription, you can easily enjoy a next-level streaming experience in the NBA App, anytime and anywhere. This includes access to any regular-season, Playoff or Finals games of your choice, live or on-demand, in-depth analysis from NBA legends, and recaps of classic games from 2012 to 2019.
Simply download the NBA App for free on the Google Play Store or App Store and link your GCash account to your Google Play or Apple Pay account when you purchase NBA League Pass for a hassle-free streaming experience. What’s more, when paying with GCash for your subscription, you’ll also enjoy 30% off on monthly NBALeague Pass subscriptions until May 15, 2023, or pay only PHP349 via Alipay+ Rewards in the GCash App, on top of exclusive deals and special raffle giveaways!
Lenovo has unveiled its latest ThinkStation and ThinkPad workstation solutions designed to provide high levels of power and performance needed to run sophisticated workloads with ISV certifications, engineered to push the boundaries of performance while maintaining reliability, usability, and configurability across various industries.
“Lenovo’s latest workstations demonstrate our commitment to developing human-centered innovations that enable our customers to make a difference and have a long-term positive impact in their respective fields.“ said Michael Ngan, President and Country General Manager of Lenovo Philippines.
End users can create custom workstations using cutting-edge components such as 13th Generation Intel® Core® processors and professional NVIDIA® RTXTM GPUs, as well as the industry’s most recent operating systems, including Windows 11 and several Linux distributions.
The ThinkStation P3 series desktop workstations provide the value users need without compromising on performance or versatility. An all-new Tower form factor designed for mission-critical tasks is an excellent choice for cost-conscious designers, engineers, and students looking for flexibility and expandability without sacrificing compute power. The P3 series consists of:
● The ThinkStation P3 Tower with its expanded chassis supports larger power supplies up to 1100W to handle more demanding configurations and multiple storage options up to 26TB for data-heavy applications.
● ThinkStation P3 Ultra enhances a revolutionary form factor that packs power and performance in a space-saving chassis that is less than four liters in volume. An intelligently compact workstation, P3 Ultra is designed to handle demanding workflows and easily adapt to changing hybrid workspaces.
● ThinkStation P3 Tiny is engineered to go where other workstations can’t. Its class leading size of one liter allows the P3 Tiny to fit into virtually any location.
The ThinkPad mobile workstations are synonymous with power, premium design, and durability. The latest ThinkPad P Series models provide human-centric innovations designed for hybrid work and to foster positive employee experiences, while also providing high levels of power and performance that allow users to do more on the go. Among the key features are:
● ThinkPad P14s i Gen 4 and P16s i Gen 2 will delight highly mobile professionals, educators and students who seek an ideal mix of performance and power at a comfortable price point without compromising security or durability.
● ThinkPad P16v i is designed to close the gap between entry-level and high-end workstations. Built for creators who require more power to handle large workloads and multitask with ease, it includes Intel Core H-Series processors, advanced graphics and the latest security features to protect valuable data and identity on the move.
● Extreme levels of mobile workstation performance are delivered by ThinkPad P16 Gen 2 and ThinkPad P1 Gen 6 allowing users to do complex workflows such as high-definition rendering and high-end VR on the go. P16 Gen 2 is focused on raw performance approaching that of some desktop workstations, with the highest-class mobile CPUs, professional NVIDIA RTX GPUs, and Lenovo’s highest ever memory capacity in a mobile workstation with as much as 192GB. ThinkPad P1 now in its sixth generation focuses on producing top performance in a thin and light form factor without compromising on power or durability.
This latest generation of desktop workstations become Lenovo’s most powerful entry-level workstation offerings and offers form factor size options that can scale across a variety of industries, hybrid workspaces and their respective workflows.
Users in engineering and architecture, finance, advanced education, and in medical applications, can customize and configure the new ThinkStation P3 according to their specific requirements. Highlights include:
● ThinkStation P3 Tower: Experience the power and expandability of a tower workstation at a more affordable price-point, including 13th Generation Intel Core processors and supporting up to NVIDIA RTX™ A5500 graphics to breeze through mission-critical tasks with the reliability, performance and expansion capability required across a variety of industries. P3 Tower can support up to 128GB DDR5 memory and a total of six storage drives, with four PCIe expansion slots and power supply up to 1100W.
● ThinkStation P3 Ultra: Packing an exceptional level of performance in a chassis less than four liters, the P3 Ultra is ideal for demanding workflows in hybrid, remote or less accessible locations. The intelligent compact design features up to NVIDIA RTX A5500 graphics and an optional BMC (baseboard management controller) to be released later this year, that enables advanced remote monitoring and systems management.
● ThinkStation P3 Tiny: Lenovo’s Tiny form factor is engineered to go where others can’t. The new P3 Tiny, at just one liter in total volume, is small but mighty. With a versatile array of mounting options, ISV certifications and up to NVIDIA T1000 graphics that supports up to six displays, ThinkStation P3 Tiny can empower architects and engineers, financial analysts, health professionals, and STEM education, virtually anywhere.
Adaptable and multipurpose mobile workstations don’t need to compromise on performance as illustrated by the new ThinkPad P series that provide ISV certified solutions across a variety of price points.
Furthermore, along with the rest of the ThinkPad portfolio announced earlier this year, the latest ThinkPad mobile workstations are also increasing the use of more recycled materials and post consumer content (PCC) plastic in select components that is in line with Lenovo’s continued focus on supporting a circular economy and Lenovo’s goal to integrate post-consumer recycled content into 100% of PC products by 2025.
● ThinkPad P16 Gen 2: Lenovo’s most powerful 16-inch mobile workstation ever, built for users who need the highest levels of performance on-the-go, the latest P16 Gen 2 features up to 13th Generation Intel Core HX-series processors with professional graphics up to the NVIDIA RTX 5000 Ada Generation GPU for mobile workstations that provide breakthroughs in speed, performance, and efficiency. PCIe Gen 5 offers blazing storage and I/O support and up to 192GB DDR5 ensures even the most complex data inputs will not create a bottleneck.
● ThinkPad P1 Gen 6: Powerful, mobile and an ultra-light sleek design at just 3.92 pounds (1.78kg) epitomizes ThinkPad P1. Ideal for content creators and packed with innovative features including a liquid metal thermal design for advanced cooling performance, the ThinkPad P1 can be configured with a new 16-inch OLED touch screen with 5MP camera or low blue light display to ease eye strain. Factory color calibration delivers crisp, clear images and excellent mobility is enhanced by WiFi-6E4 and optional 4G LTE to maintain connectivity in more remote environments. High performance graphics is delivered by up to the NVIDIA RTX 5000 Ada Generation GPU for mobile workstations or NVIDIA GeForce RTX™ 4090.
● ThinkPad P16v i Gen 1: Designed to narrow the value gap between entry and high-end workstations, the new P16v handles large complex workloads with ease thanks to 13th gen Intel Core H series processors, up to the NVIDIA RTX 2000 Ada Generation GPU for mobile workstations, and a dual thermal outflow that maximizes cooling, allowing users to push demanding and multitasking applications to the full.
● ThinkPad P14s i Gen 4 and P16s i Gen 2: Respectively with Lenovo’s 14-inch and 16-inch mobile workstations with the longest battery life5, the latest models, available in black or storm grey, are designed for high performance productivity and collaboration in remote and hybrid working environments, with several display options including OLED and low blue light displays, optional 5MP camera and up to the NVIDIA RTX A500 GPU for mobile workstations.
ZTE Corporation, a global provider of information and communication technology solutions, has officially announced its participation in the Science-Based Targets Initiative (SBTi) and conducted a commitment signing ceremony.
By joining the initiative, ZTE will set science-based emission reduction targets in the short term and strive to achieve net-zero emissions in the long term. This is a significant step for the company in its commitment to sustainability and reducing its environmental impact.
At the commitment signing ceremony, Mr. Wang Xiang, Senior Vice President and Chief Strategy Officer of ZTE, signed the pledge to the SBTi.
Distinguished guests, including Mr. Lin Guoen, Vice Chairman of Deloitte China; Mr. Zhuang Binghan, Vice President of the Marketing Group at Intel; Mr. Hong Xiongbin, Regional General Manager of SGS Limited; and Mr. Ma Qi, Executive Deputy General Manager of Great Wall Power Technology Co., Ltd., representing valued suppliers, were in attendance, bearing witness to this significant milestone.
SBTi is recognized as one of the world’s most influential emission reduction mechanisms. Launched in 2015 by the collaboration of the World Wide Fund for Nature (WWF), the Carbon Disclosure Project (CDP), the World Resources Institute (WRI), and the United Nations Global Compact (UNGC), this initiative provides businesses with a well-defined and scientifically derived pathway to effectively reduce emissions.
By aligning with the goals of the Paris Agreement, the SBTi empowers companies to proactively mitigate climate change’s adverse impacts by implementing scientifically grounded emission reduction strategies.
As a leader in the information and communication industry, ZTE has consistently been dedicated to reducing its operational and value chain emissions. Through continuous technological innovation, ZTE strives to enhance the energy efficiency of its products and solutions.
Moreover, its Green ICT infrastructure empowers diverse industries to achieve energy savings and carbon reduction.
In 2022, ZTE achieved an impressive 7.48% reduction in overall carbon emissions compared to the previous year while maintaining revenue growth. This accomplishment was made possible through the implementation of comprehensive and multidimensional energy-saving and emission reduction measures.
The announcement of ZTE joining the Science-Based Targets Initiative (SBTi) this time marks a significant milestone in the Company’s carbon neutrality journey. Following the introduction of its visionary “Digital Economy Green Road” strategy in 2021, ZTE is now committed to working closely with SBTi to develop tailored emission reduction action plans.
These plans will cover various domains, including corporate operations, product research and development, manufacturing, and supply chain management.
By aligning with the SBTi guidelines and leveraging its expertise in technological innovation, ZTE aims to make a substantial contribution to driving global economic growth towards a greener and more sustainable future.
The Company firmly believes in the power of collaboration and collective action to address climate change challenges and create a positive impact on both human society and the natural environment.
ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services.
Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges.
Honda Philippines, Inc. (HPI), the top motorcycle manufacturer in the country, is celebrating its 50th year of providing high-quality, innovative, and reliable motorcycles to bring mobility and comfort to every Filipino.
This is a once-in-a-lifetime milestone for the company, which has been committed to providing Filipinos with motorcycles that bring joy and convenience to their lives.
To kick off the anniversary celebration, HPI introduced its newly-appointed and first female president, Ms. Sayaka Arai, to guests and stakeholders at an event in HPI Plant located in Tanauan City, Batangas. Arai san also led the production line roll-off ceremony of HPI’s commemorative model. special models.
“As we celebrate this milestone, we remain committed to realizing Honda’s global vision to serve people worldwide with the joy of expanding their life’s potential. This achievement is a testament to HPI’s goal of ensuring continuous reponse to customers’ ever-changing mobility needs,” said Arai san.
Established as Mariwasa-Honda in 1973 in the Philippines, the company started producing motorbikes with an annual production of 4,700 units.
In 1976, the company created the TM110 model for the tricycle market, followed by the underbone motorcycle Honda C70 and on and off-road motorbikes XL125 models in 1977.
HPI then released the powerful TM125 in 1979, the TM110S model in 1980, and the first TMX155 for heavy-duty tricycle use in 1981 pioneering the four-stroke aircooled engine in the country.
In 1983, Honda Motor Co. Ltd took majority ownership which gave birth to Honda Philippines, Inc. The company then launched the XL125SR model to the Philippine market.
From there, HPI continued the tradition of bringing new motorcycles to deliver mobility and comfort to Filipinos. Among the products introduced were the C70DD Econopower in 1984 and the trendy PF50 in 1989.
Honda then unveiled the C100 Dream model in 1996 which were well-appreciated by many Filipino motorists including the Wave110 motorcycle in 2000.
In 2002, the company released the ANF125, NF100, and XRM Dual Sports, a uniquely designed model for Filipino customers that leads HPI to the No. 1 position in the motorcycle industry.
In 2003, the company celebrated its 30th anniversary. To mark its 30 years of progressive partnership with the Filipino people, HPI launched the TMX125 and the limited edition XRM110. This was followed by the Wave 125S, XRM110, and XR200 motorbikes in 2004.
In February 2005, HPI produced its 1 millionth motorcycle units and held a groundbreaking ceremony in its new Batangas plant, a factory that would then become the country’s largest motorcycle manufacturing plant.
A year later, HPI made the big move from Parañaque to the new and more advanced manufacturing facility in Batangas. In 2007, the XRM125 was introduced.
By 2008, the company produced a total of 2 million motorcycles and successfully released the XRM RS125 model. This was followed by Honda BeAT and Wave Dash 110 in 2009 and the CB110 in 2010.
In 2011, the company unveiled the CBR150R and Scoopy models and achieved an accumulated production of 3 million motorcycles. HPI then introduced the TMX Supremo motorcycle the following year. To mark its 40th anniversary in 2013, the company achieved a total production of 4 million units, later growing to 5 million in 2016.
The popular Click125i and Click150i models “The Game Changer” launched in 2018, totally dominated the game in the Philippine market which, made HPI achieve the No.1 market share in the automatic (AT) segment back in 2020.
In 2019, a series of new models were launched like Genio, ADV150 and Supra GTR150 to further cater to a wider selection of riding needs. That same year, HPI attained an overall production of 6 million motorcycle units.
By the year 2020, the company had its first successful localized automatic (AT) production of Honda BeAT, followed by the release of the new line up of the Airblade150.
In 2021, HPI unveiled the improved version of TMX125 Alpha, XRM125, along with the new PCX160, DIO and the latest 500cc series line up – the CBR500R and CB500X.
HPI reached an accumulated production of 7 million motorcycles in 2022. The New model CB150X was launched along with the introduction of other 160cc series such as the automatic (AT) Click160, Airblade160 and ADV160.
The latest version of the Click125 “The Ultimate Game Changer” model made its second successful localized automatic (AT) production.
“HPI has reached these milestones with the help of everyone involved in the company and, more importantly, with the unwavering support of the Filipino public. It is an honor for us to provide Filipinos with mobility, comfort, and even more job opportunities through our motorcycles. Rest assured that we will aim to continue improving our customers’ daily lives by enabling them to experience Honda’s innovations found in our every product and service that exceed their expectations,” added Arai san.
The gaming monitor and IT accessories brand, AGON by AOC, has announced the 27″ AGON PRO AG276QSG monitor from the upcoming 6th generation of AGON gaming monitors.
AGON by AOC is one of the world’s leading brands in gaming monitors and has secured the top spot in the global gaming monitor market with a 29% market share, surpassing all other brands.
The AG276QSG gaming monitor is designed for competitive esports athletes and content creators who want to become the ultimate in their respective fields.
It features a 27″ Fast IPS panel with a 1ms GtG response time, a 360Hz refresh rate, and QHD resolution (2560×1440), with an extremely low input lag that can support high-end gamers in their journey to the top.
The AG276QSG was announced at CES 2023 as one of the highest-speed QHD models that combines high resolution and 360Hz with a native NVIDIA G-SYNC module that eliminates stutter and tearing.
It is also equipped with esports-level latency optimizations and NVIDIA Reflex Analyzer that can help gamers accurately measure the total system latency, allowing them to identify bottlenecks and improve their system’s responsiveness.
Competing in fast-paced games such as Apex Legends, Valorant, and many other AAA game titles requires gamers to react quickly to their opponents’ actions and win the engagement before the other squad or team does.
This is where the AG276QSG excels, elevating the gaming experience to another level where gaming legends compete for championships.
With 1 ms GtG response time, the fast-paced motion becomes crystal clear without any noticeable ghosting, while the high refresh rate of 360 Hz lets gamers to react to the slightest movements of their enemies.
The games’ graphics will come to life, too, as the AG276QSG delivers a high colour accuracy fit for live streaming, design and video editing and features VESA DisplayHDR 600 certification.
The highly anticipated AGON PRO AG276QSG gaming monitor will be available in the Philippine market in June 2023.
While the price is yet to be confirmed, the monitor will be available for purchase through AOC’s authorized resellers nationwide on an order basis. Don’t miss your chance to experience the ultimate gaming monitor with the AGON PRO AG276QSG.
E-commerce company Eroc, which focuses on improving home living, is excited to announce its latest product, the Max Projector. The Max Projector is set to launch in June and boasts features that will revolutionize your movie night experience.
The variety of media available today has broadened the ways in which people enjoy their favorite shows and entertainment. People have more options to select to suit their preferences and lifestyles.
With the launch of the Max Projector, Eroc has just added an option to users who want to incorporate a new and exciting entertainment device in their living space.
You only need one thing when using the Eroc Max Projector: a wall. Its 4K Ultra HD resolution allows users to experience that cinematic experience as if they were in a theater. Its screen can be stretched 49 to 200 inches wide with a projection distance of 1.5 to 5.9 meters.
A fan of basketball tournaments? With the Max Projector, you can now watch your favorite sports and athletes on a bigger screen at the comfort of your home. It is equipped with Dolby Audio so you can experience sound as real and as crystal as the moment.
The Max Projector features 3000 Lumens and 1080P resolution to enable users to play videos vividly even at day time. The 4K decoding feature will make video content as crisp to provide users with the ultimate cinematic experience.
The Max Projector has the latest ZEASN Android OS so that users can effortlessly navigate the device. It also comes with readily installed streaming applications, including Netflix, YouTube, Prime Video, iflix, Disney+ and all other applications you can download from the App Store.
The Max Projector is enabled with features that allow users to adjust their screen horizontally and vertically depending on their wall without having to tilt the device itself.
Insurtech Igloo has expanded its blockchain-based parametric index insurance to coffee farmers in Southeast Asia, including the Philippines and Vietnam, to provide innovative weather insurance for farmers and cover more underinsured communities and industries, after a successful product implementation with rice farmers, demonstrating the company’s commitment to protecting Southeast Asia’s multi-billion dollar coffee industry.
Southeast Asia – a part of what is called the coffee belt – is one of the biggest coffee producers in the world. While Vietnam and Indonesia are responsible for the majority of global coffee output, the Philippines is also an important global producer with industry revenue expected to reach US$6.7 billion in 2023, according to statistics portal Statista. The local market is also expected to grow annually by 5.69% until 2025.
Coffee production is not only a long-term and labor-intensive investment, but it is also one that is constantly under threat of climate hazards which provide difficult growing conditions due to extreme climate–affecting farmers and disrupting supply chains.
“Weather Index Insurance is a product that we introduced in order to protect farmers and communities across Southeast Asia from unforeseen climate hazards. While initially introduced for rice farmers, we’ve seen from its success the product’s scalability to cover other sectors like coffee farms, which is one of the robustly growing segments in the region,” said Mario Berta, Igloo’s Country Manager for the Philippines.
There are currently several insurance products on the market for coffee farmers. However, they share a common problem of incompatibility with the real, frequent risks faced by coffee farming families. The damage assessment process is also complex and time-consuming, which creates the risk of additional financial hardship for farmers.
The Weather Index Insurance eliminates the need to individually verify claims thereby reducing transaction costs and enabling faster payouts to farmers.
This is done by collecting and monitoring rainfall data to calculate claims using pre-assigned values for losses due to natural causes. The business rules governing claims payout being hosted on a public blockchain help leverage the attributes of transparency, consistency, and unbiasedness, thereby making the setup credible.
While Weather Index Insurance is currently available in Vietnam for rice and coffee farmers, Igloo expects to roll out Weather Index Insurance to more countries in Southeast Asia including the Philippines soon.
“The Philippines being an agricultural powerhouse and one that is at a higher risk of suffering from the impacts of climate change, is a country we believe will benefit from having Weather Index Insurance. We are currently working with our partners to make this product available in the country and other markets in the near future. In addition, we are also exploring expanding the product’s coverage to include other indices such as earthquakes,” Mario added.
AOC Monitors has been named the number one gaming monitor brand in the Philippines for the year 2022, with a market share of 22.0% in the monitors market, solidifying AOC’s commitment to delivering top-tier gaming monitors that cater to the needs of passionate gamers across the country.
AOC Monitors has dominated the gaming monitor segment, surpassing all competitors and securing the highest unit shipments for 2022 with a gaming monitor market share of 13.3%, according to the International Data Corporation (IDC), a premier global marketing intelligence firm, which is a testament to AOC’s relentless dedication to innovation and superior product quality, providing gamers with an immersive visual experience like no other, and elevating the gaming experience to new heights.
Recognizing the growing popularity of esports and the increasing demand for high-performance gaming equipment, AOC Monitors has consistently pushed boundaries to meet the evolving needs of gaming enthusiasts.
The brand’s broad range of gaming monitors boasts state-of-the-art features, including fast refresh rates, high resolutions, and adaptive sync technologies, providing gamers with a competitive edge and an unmatched level of gameplay precision.
In addition to its commitment to technological excellence, AOC Monitors has actively supported the local esports community through various initiatives. By organizing and sponsoring tournaments, the company aims to nurture the talents of aspiring esports athletes and contribute to the growth of the industry. AOC Monitors firmly believes in providing gamers with the tools they need to excel and achieve their full potential.
The outstanding performance of AOC Monitors in the gaming monitor segment for 2022 highlights their unwavering dedication to delivering top-quality products that meet the highest standards of excellence. This achievement motivates AOC Monitors to continue pushing the boundaries of innovation, ensuring that gamers in the Philippines and beyond receive nothing but the best.
As the leading gaming monitor brand, AOC Monitors remains committed to enhancing the gaming experience, surpassing expectations, and maintaining its position as the go-to choice for passionate gamers. With a focus on visual excellence and technological advancements, AOC Monitors is poised to redefine the gaming landscape and empower gamers to unleash their full potential.
