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Netflix-loving tykes tune out Nick in worst year for kids TV

KIDS LIKE Caleb Moushey are killing cable TV in the US.
Not that Caleb knows from cable. After all, he’s seven years old. But Caleb rarely if ever watches conventional television. “Everything is Netflix,” said his mother, Ally Brown, an insurance agent in the St. Louis area who also has a five-year-old and a baby on the way.
More and more kids are like Caleb. The cable networks for children, in decline for years, are now in a free fall. This season’s ratings for the two-to-11 set are shaping up to be the worst yet. And few in the industry predict a turnaround.
The implications are enormous for giants like Viacom, Inc. and Walt Disney Co. Viewership of the three most-popular networks for the very young — Nickelodeon, the Disney Channel and the Cartoon Network — is down more than 20% this season from year earlier, according to data from Nielsen. It’s a low point in a long-running trend as Netflix, Inc., YouTube, and other streaming services have taken off.
Media companies still make money from children’s TV, with the most-watched cartoons spawning toy brands and licensing deals that can generate millions of dollars. So “the traditional brands are stuck in a tough position,” said Birk Rawlings, who left Nickelodeon to run DreamWorksTV, a kids media company that includes a YouTube channel. “They can see what is changing, but to embrace what’s new they must run away from a healthy business.”
Rawlings was vice-president of animation at Nickelodeon when its parent company, Viacom, committed what many in the industry consider the original sin: It licensed many of its kids shows in a package to Netflix in 2010. That arrangement allowed Netflix to lure customers with Nick’s biggest hits, including SpongeBob SquarePants.
At the time, Netflix had fewer than 20 million subscribers. Now, it has 125 million. Nickelodeon considers a show a hit if it draws 2 million or so viewers.
Meanwhile, the amount of time that the youngest watchers spent viewing conventional TV fell 30% between 2010 and 2017. And US advertising sales for kids’ networks haven’t grown for five years, having plateaued at about $1.2 billion annually. Disney and Nickelodeon declined to make executives available for interviews for this story.
Netflix, whose shares have climbed 58% this year, is ramping up the competition further by bringing more youth-oriented production in-house. Last year, it hired Melissa Cobb away from a DreamWorks joint venture to run a kids and family division, which just produced a new live-action series, Alexa & Katie.
The company also poached two writers, Scott Thomas and Jed Elinoff, from Walt Disney Co.’s Disney Channel, where they recently created a follow-up to That’s So Raven. They’re the first producers of children’s programming to strike an exclusive arrangement to make shows for Netflix, according to people familiar with the matter who asked not to be named discussing a deal that hasn’t been announced.
Disney, Nickelodeon and the Cartoon Network, are playing catch up. Nick has a three-year-old streaming platform called Noggin. Time Warner, Inc.’s Boomerang online subscription service shows classics like Looney Tunes, and Cartoon Network released videos from the popular show Steven Universe on its app before they appeared on TV.
Disney announced plans to yank its movies from Netflix and to make content based on Marvel comic books, Star Wars and its trove of animated characters for its own streaming service that will debut next year.
The pressure is on. The youngest entertainment-seekers are being raised on the internet, and cord-cutting will accelerate as new batches of babies joins them. The networks have to figure out how to make more money from the shows they produce, whether they’re streamed or broadcast on the tube.
“We have to believe” the dollars “will catch up to the audience,” said Christina Miller, head of Cartoon Network and Boomerang. “If it’s the opposite, game over.” — Bloomberg

Ayala gains control of National Teachers College

THE Ayala group has expanded its education portfolio after completing the takeover of National Teachers College (NTC).
In a disclosure to the stock exchange on Monday, Ayala Corp.(AC) said wholly owned subsidiary AC Education, Inc. (AEI) “assumed ownership of approximately 96% of the outstanding voting shares and 88% of the total outstanding shares of National Teachers College.”
AEI, who emerged as the winning bidder after taking part in a competitive bid process, purchased secondary shares and subscribed to primary shares of NTC, the conglomerate said. The total acquisition price amounts to less than a tenth of AC’s total shareholders’ equity.
Founded in 1928 in Quiapo, Manila, NTC specializes in teacher education, and was the first to offer general education courses up to the Bachelor of Science in Education program. The school’s student population currently stands at over 10,000, around 3,500 of whom are taking up education as a degree and at the graduate level.
NTC has a Level III accreditation from the Philippine Association of Colleges and Universities Commission Accreditation, which recognizes the school’s quality standards for its elementary and secondary education programs.
AC Chairman and Chief Executive Officer Jaime Augusto Zobel de Ayala reiterated the conglomerate’s commitment to invest in education by delivering inclusive, quality education that significantly improves the employability of its high school and college graduates.
“We believe that NTC can play an integral role in our efforts to contribute to a better education system in the Philippines, because of NTC’s long and successful track record in producing quality educators who go on to teach in both public and private schools,” Mr. Zobel was quoted in a statement as saying.
Since entering the education business in 2012, AEI has established the largest chain of stand-alone private high schools through Affordable Private Education Center (APEC) Schools, accommodating 16,000 students across 23 locations in Metro Manila, Cavite, Rizal and Batangas.
The company also controls University of Nueva Caceres in Naga City with 8,000 students, and is one of the oldest private schools in the Bicol region.
With the acquisition of NTC, AEI’s schools will have a total student population of around 34,000.
AEI is in the process of merging with listed iPeople, Inc., with the latter as the surviving entity. The expanded entity will combine the Yuchengco’s Mapua University with the Ayala’s growing portfolio of schools.
Mr. Zobel had said the intent is for both parties to reach an agreement after both parties failed to close the deal in the first quarter of 2018.
Shares in AC added P6 or 0.63% to close at P966 apiece on Monday. — Krista Angela M. Montealegre

PHL’s 1st designer outlet mall to rise near Tagaytay

AN UPCOMING designer outlet mall is expected to attract local and foreign tourists to the Tagaytay-Silang area.
Acienda Designer Outlet, located in Silang, Cavite, is scheduled to open on Aug. 2. It is being developed by Cathay Land, Inc. — the company behind South Forbes Golf City.
Acienda is described as the first-ever fully integrated, P2.5-billion shopping hub, where visitors can find year-round sales of designer brands in fashion, sports and homeware.
“Shoppers can expect year-round discounts from 30-70% at Acienda Designer Outlet,” the company said.
Acienda is close to Tagaytay City, making it easy for visitors to shop and enjoy the cool weather. It is located on a 20-hectare property 10 minutes north of the Tagaytay City Rotunda along Km. 48 Aguinaldo Highway in Silang.
The designer outlet itself will feature four architectural themes, Italian, French, New England and Spanish, and is expected to have many “Instagram-ready” spots.

Acienda Designer Outlet 2
Acienda Designer Outlet, located in Silang, Cavite, is expected to attract local and foreign tourists.

For instance, it will have a French-style food and beverage section with a windmill as the central icon. Theatrical lighting, water features and regular live performances are also planned in the area.
“Acienda Designer Outlet is expected to change the way people see the Tagaytay-Silang tourist hub. Whereas before, people would go up the Windy City to visit restaurants and cafes while enjoying the view and the climate, pretty soon they will make that short trip to also find the best deals from international brands that Acienda can offer. We of course intend to be part of their weekend to do list,” Jeffrey Ng, president of Cathay Land, was quoted as saying in a statement.
Cathay Land has already turned over prime commercial spaces to confirmed tenants who have already begun the fitout process of their shops. The company said only a few select commercial spots are still available.
Cathay Land has partnered with London-based lifestyle retail developer Freeport Retail on the Acienda project.
Freeport Retail is a specialist developer and operator of designer outlets in the United Kingdom, France, Sweden, Czech Republic, and Portugal, among many other countries. It has also partnered on outlet projects in Denmark, Germany, Slovakia, and Malaysia.
“The designer outlet sector is growing strongly globally, and we’re certain that The Philippines is ready for this lifestyle option. Our group has been successful in establishing designer outlets in other countries like Sweden, UK, Portugal, and Malaysia in Asia. And we promise to bring the same kind of world-class shopping experience that only a pure, dedicated outlet center can offer,” said Chris Milliken, cofounder and commercial director of Freeport Retail.
“Together with Cathay Land, we will create an experience for the customer that allows them to spend a half or even a full day bargain hunting in an interesting and high quality retail and leisure environment,” Mr. Milliken added.

Philam Life sees net worth climb 53% in 2017

PHILIPPINE AMERICAN Life and General Insurance Co., Inc. (Philam Life) saw its net worth jump in 2017 on the back of improved premiums and reach.
In a media briefing Monday, Philam Life said it booked a net worth of P69.5 billion in 2017, a 53% jump from last year’s P45.5 billion, citing data it submitted to the Insurance Commission (IC).
The insurer’s net income grew 23% to P5.6 billion in 2017 year-on-year, while its assets rose 23% to P251.4 billion, Philam Life Chief Financial Officer Gary James Ogilvy said during the briefing.
Total premiums grew to P19.9 billion last year, up 7% from the figure booked in 2016.
New premiums climbed 15% to P12.3 billion, while variable products under the renewable premiums surged 43% to P7.3 billion in 2017.
“Last year, we again reached the highest in terms of net worth and assets in the industry. In both of those financial indicators, we outgrew the industry,” Philam Life Chief Executive Officer Ariel G. Cantos said.
“We solidified our leadership in the industry because of the focus that we are putting in our customers,” he added, noting that the insurer has began to “veer away from what we’ve started which is focusing on [its] customers.”
Mr. Cantos said Philam Life will continue to strengthen its distribution channels since selling life insurance products is “an emotional decision” as well.
“If it’s an emotional purchase, the best way to deal with that and the best way to help a person make a decision is through another individual. We will provide information for him to be more educated about the product,” he said.
Aside from this, Philam Life will also continue to invest in technology.
Philam Life Chief Marketing Officer Leonardo D. Tan, Jr. said the insurer is set to launch a digital online claim capability this quarter, which will enable customers to file and receive their claims through their bank accounts.
“Historically, customers will have to go to our branch to submit a claim. But [starting this second quarter], they will be able to submit that claim online. And the claim will be capable to be settled electronically from credit to account,” Mr. Tan said.
Philam Life officials also noted the need to narrow, and eventually close, the country’s protection gap, or the amount of insurance needed to be protected from asset loss.
“It is our responsibility to create products that customers need, and there is an obvious need to address the concern on protection gap,” Mr. Tan said in a statement.
He said the Philippines has a protection gap of “roughly about P1.5 trillion,” and it is expected to balloon to P2.7 trillion by 2020.
INFRASTRUCTURE PUSH
Meanwhile, Philam Life has also expressed interest helping fund the government’s infrastructure push.
“We are in the market to support infra[structure] projects of the government, so we’re looking at opportunities how to exactly do that,” Mr. Cantos said.
He added that the insurer is collaborating with the IC to see how they can participate in project finance for government initiatives.
Previously, Mr. Cantos said the insurer “somehow funded” projects such as the Coastal Road, Skyway as well as the Bauan Power Plant.
“We don’t see that it’s getting closer, but we sounded off our interest for those kinds of projects,” Mr. Cantos said, adding that the insurer waiting for the right signal and direction.
“We are seeking the help of IC to pave the way for that discussion. Remember, there was a change of direction that the funding of projects will come from ODA (official development assistance). Now, I think they are also looking now again at sourcing the funds of private institutions so now we are seeing that can be a window for us to get into, but how we are going to get there? We are waiting for clarity.”
The government is embarking on an P8-trillion infrastructure spending program until 2022 in an effort to boost economic growth to 7-8% until then. — K.A.N. Vidal

PAGCOR: Galaxy’s $500-M Boracay resort is on hold

MANILA — The Philippines gaming regulator said a plan by Macau’s Galaxy Entertainment Group to build a $500-million integrated casino resort on a Philippine holiday island is on hold until the company can convince the president of its “advantages.”
This is the first time the gaming regulator, Philippine Amusement and Gaming Corp. (PAGCOR), has given a clear indication on the status of the project.
It had earlier said there was no confirmation on whether the casino was on hold, according to local media reports, even after presidential spokesman Harry Roque announced there “would be no new casino in Boracay.”
While Galaxy has a provisional licence from the gaming regulator, it cannot build its gaming project in Boracay, Roque had said on April 11, adding that President Rodrigo R. Duterte had not issued an order allowing a new casino on the island.
Boracay, Philippines’ most famous holiday island, has been shut for six months for a clean up, after Duterte called it a “cesspool” due to pollution.
“They (Galaxy) have to probably explain to the president the advantages and that they will comply with the environmental laws,” Alfredo Lim, PAGCOR’s president, told Reuters. He added that the gambling business would focus on foreigners.
Macau’s Galaxy and local partner Leisure and Resorts World Corp. last month bagged the provisional license for the casino project from the regulator.
Galaxy told Reuters on April 23 it was seeking clarification from the Philippine side, following Roque’s comments.
Galaxy did not immediately respond to requests for comment on Monday, while Leisure & Resorts World declined to comment.
Duterte on Sunday said no casino would be put up in Boracay, and he did not approve any gaming project because of the “deleterious effects” of gambling. — Reuters

New online real estate platform launched in PHL

By Mark Louis F. Ferrolino
Special Features Writer

A NEW online real estate platform hopes to revolutionize the local real estate industry, by creating an ecosystem linking property seekers with real estate professionals through technology
Launched on April 26, Housal, Inc. (housal.com) helps property buyers and tenants succeed in real estate investment from the offerings of top developers and property sellers in the country.
For developers, agencies and agents, on the other hand, Housal introduced an advanced sales tool to manage their real estate business.
“Our purpose is to help the entire real estate market go on the next level – make business easier [and] help them evolve to the next phase,” Housal Sales Director Maarten Pennings told BusinessWorld on the sidelines of the launch.
Housal is built by a team of real estate experts, technology specialists and management professionals. The concept has already gained attention from various venture capitalists and has secured $1-million investment from a private equity investor before launch.
Yogesh Mathur, chief executive officer of Housal, said in an interview that he started his career in the real estate and experienced challenges brought by unresponsive ecosystem, limited accessibility, and lack of technical support. This motivated him and the team to establish Housal two and a half years ago.
Housal’s solutions for real estate professionals seek to address these challenges and to operate a progressive and profitable real estate business.
For agencies and agents, the Housal mobile app gives them the opportunity to post unlimited listings. It also offers unlimited lead and customizable lead management solutions.
The advanced sales tool also includes a document management feature that allows real estate professionals access the documents anytime and anywhere.
To keep them updated with every aspect of the business process, the app has sales and commission management, and payment reminders features.
The app also comes with built-in tools like daily scheduler, task manager, and event calendar that allow real estate professionals to manage their tasks.
For developers, Housal facilitates live inventory management to keep them updated with their inventory.
Furthermore, Housal has a unique customer relationship management solution, built to understand the customers’ needs and behavior that give valuable insights to serve them better.
“Whatever you need is there. It’s a complete solution for real estate,” Mr. Mathur said. “Our solution connects dots in the real estate sector, which will make life easy for all stakeholders.”
Housal is set to launch in multiple locations around the world. “This is a Filipino company that will go globally,” Mr. Pennings said.

ABBA reunites for new album, and takes a chance on a hologram tour

STOCKHOLM — ABBA is trying to prove disco will never die.
The Swedish pop group announced Friday it has reunited after a 35-year hiatus to record a new album and tour the world — but with a 21st century twist. The quartet will be replaced on stage by digital avatars of their former selves.
Hologram-style recreations of Agnetha Fältskog, Björn Ulvaeus, Benny Andersson, and Anni-Frid Lyngstad will perform a couple new songs in a TV special later this year in the build-up to the tour. Simon Fuller, the creator of American Idol, is organizing the concert series using a mix of virtual reality and artificial intelligence.
“The decision to go ahead with the exciting ABBA avatar tour project had an unexpected consequence,” the band wrote on its Instagram. “We all four felt that, after some 35 years, it could be fun to join forces again and go into the recording studio.
“And it was like time had stood still and that we only had been away on a short holiday. An extremely joyful experience!”
ABBA have recorded two new songs and one of them,“I Still Have Faith in You,” will be performed by digital avatars in a TV special set for broadcast in December.
Bands can make hundreds of millions of dollars from reuniting for a global tour. The Guns N’ Roses reunion grossed $292.5 million in 2017, making it the biggest tour of the year after U2.
The potential windfall from a hologram tour is less clear. Promoters and artists have used holograms for stunts, including a performance at the Coachella Music Festival by deceased rapper Tupac Shakur. But ABBA is perhaps the first major music group to tour the world in a digital form.
ABBA rose to fame after winning the Eurovision Song Contest in 1974 with “Waterloo,” and went on to record hit songs “Dancing Queen,’’ “Take A Chance on Me’’ and “Mamma Mia.’’
ABBA is one of the most commercially successful music groups in history with more than 375 million albums and singles sold. They released nine studio albums between 1973 and their breakup in 1982.
Andersson and Ulvaeus composed a musical called Mamma Mia! that was later adapted into a couple movies.
The group’s members are now in their 60s and 70s. In the past, they have rejected calls to reform and have appeared only rarely together in public.
The success led strains within the group and the couples that formed the band, Bjorn Ulvaeus and Agnetha Faltskog, and Benny Andersson and Anni-Frid Lyngstad eventually divorced. —Bloomberg/Reuters

Boutique developer breaks ground for Ridgewood Towers Premier

BOUTIQUE developer C-5 Mansions Development Corp. broke ground last March 26 for Ridgewood Towers Premier, the centerpiece of its Ridgewood Square development along C-5 Road and close to Bonifacio Global City (BGC).
“This milestone affirms our promise to have Ridgewood Towers Premier available by 2022. By committing to our schedule, we prove that C-5 Mansions values our clients’ investments. We will deliver this premier project and perhaps even exceed their expectations in the process,” C-5 Mansions General Manager Alfonso Keh, Jr. said in a statement.
Ridgewood Towers Premier, which is scheduled for completion in 2022, will complete the four-tower development located at the periphery of the business district BGC. It is 400 meters from SM Aura Premier, and within walking distance of McKinley Hill.
C-5 Mansions’ founding chairman, the late Richard Chiongbian, had acquired the property where Ridgewood is located back in the 1990s. Mr. Chiongbian had “envisioned a project that simultaneously provides quality housing options, an affordable investment cost, and the geographical advantage to BGC,” so he brought together a group of like-minded businessmen and formed C-5 Mansions.
“We are now close to achieving Mr. Chiongbian’s vision for Ridgewood Square,” Mr. Keh said.
With the construction of new office towers and commercial areas in BGC, Mr. Keh said these activities have only “drummed up investor interest” for his project.
Ridgewood Towers Premier also boasts amenities such as a lap pool, kiddie pool, jacuzzi, private gym, private theater and a “sky garden.”
A professional real estate management team will manage the building.
“A semi-furnished one bedroom with balcony unit would easily reach a monthly lease rate in the mid-teens and projected to be leased out fast given projections for rosy employment forecasts in BGC over the next few years,” C-5 Mansions said.

UnionBank Q1 income up

UnionBank
UNIONBANK of the Philippines saw its net profit climb 31.8% in the first quarter.

UNIONBANK of the Philippines (UnionBank) saw its net income surge in the first quarter of the year as it sustained double-digit growth in its businesses.
In a disclosure, UnionBank said its net profit grew 31.8% to P2.9 billion in the January-March period from the P2.2 billion it booked in the same period in 2017.
Its net revenue also climbed 21.5% to P6.9 billion.
The Aboitiz-led lender told the Philippine Stock Exchange that it continues to “sustain double-digit growth in terms of customer businesses.”
The bank’s total loans rose by 15.9% year-on-year to P293.1 billion in the first quarter as its consumer business accounted for 34% of the bank’s loan book.
Deposits, on the other hand, were at P439.6 billion, current accounts and savings accounts making up more than one-third of UnionBank’s total deposits.
Overall, UnionBank’s total assets grew to P608.4 billion as of end-March, up 17.3% from the figure logged in the comparable year-ago period.
The bank’s asset growth was also supported by the medium-term note program conducted in November last year, through which it raised $500 million.
“The strong earnings resulted to an annualized return on equity and return on average assets of 15.9% and 2.0%, respectively,” the bank added in the disclosure.
“Given our positive earnings performance in the first quarter, we are confident that we can attain our full-year target,” said UnionBank Treasurer and Chief Financial Officer Jose Emmanuel U. Hilado. “We expect earnings in the succeeding quarters to once again come from recurring income as we continue to grow our balance sheet.”
“Our solid profitability results are quite timely as it allows us to fast-track our investments in digital transformation,” UnionBank President and Chief Executive Officer Edwin R. Bautista was quoted as saying in the disclosure.
In an exposition held in Taguig City last Thursday, Mr. Bautista said the bank will embrace blockchain technology to help connect rural banks, as well as improve the efficiency of internal processes.
UnionBank also announced it will raise P10 billion in additional capital through a stock rights offer (SRO) as approved by its board of directors.
“The additional capital will increase the common equity tier 1 and total capital adequacy ratio of the bank,” it said in the disclosure, adding that the proceeds will be used to allow for continued growth of its assets.
Banks have been conducting fundraising activities to bolster their capital and finance their growth and operations.
Earlier this month, Metropolitan Bank & Trust Co. completed its rights offer, raising P60 billion to fund its business operations and expansion.
The SRO of Bank of the Philippine Islands, on the other hand, also wrapped up last week. The Ayala-led bank’s capital-raising activity is also expected to raise P60 billion.
UnionBank shares closed at P91.25 each on Monday, gaining P1.05 or 1.16% from Friday’s finish. — KANV

Burning Man founder Larry Harvey, 70

LOS ANGELES — Larry Harvey, the man who founded the popular Burning Man countercultural festival, died Saturday after suffering a massive stroke in early April, event organizers said. He was 70.
Harvey died surrounded by family members at his San Francisco home, the official online Burning Man Journal said.
“Larry was a visionary, a mentor, a philosopher, and a passionate advocate for Burning Man’s culture and principles,” a statement on the website said. “The world has lost a great human being.”
Harvey began the Burning Man tradition in 1986 when he and a group of friends set fire to an oversized wooden man on a beach near San Francisco.
It soon became a summer solstice ritual, and as the wooden effigy grew and the event attracted more people it moved in the 1990s to Nevada’s Black Rock desert.
Today the multi-day annual Burning Man event, held in late August and early September, attracts tens of thousands of people and features interactive art exhibits as well as big-name music performers.
Participants create a city in the middle of the desert that is “a temporary metropolis dedicated to community, art, self-expression, and self-reliance,” and end their week-long gathering by burning a giant wooden statue of a man.
Harvey is survived by his son Tristan, his brother Stewart, “and a global community of devoted Burning Man participants inspired by his vision to build a more creative, cooperative, and generous world,” the website said. — AFP

SEC warns vs online Ponzi schemes

THE Securities and Exchange Commission (SEC) has warned the public against so-called online “paluwagan” schemes that collect money from investors with the promise of high returns within a short period of time.
In an advisory posted on its website, the country’s corporate regulator listed 30 social media accounts which it described as a Ponzi scheme, or a fraudulent investment operation where old investors are paid off using payments from new investors instead of real cash-generating business activities.
Administrators of the social media accounts were found to follow a scheduled collection of money from their respective members through remittances, wire transfer, and cash deposits, among others. The SEC noted that the social media accounts were also widely used for the promotion and operation of the scheme.
In exchange, members are promised high returns ranging from 10% to 757% in a span of one to ninety days, based on their payout schedule.
“Unfortunately, many of their respective members incurred huge loss of money and the administrators were reportedly unable to refund their investments. In view thereof, the public is hereby advised to stop investing in these kinds of activities and to take necessary precaution in dealing with these groups or their representatives,” the SEC said.
The SEC has continuously been tracking down investment schemes without prior registration with the commission. People found to act as salesmen, brokers, dealers, or agents in such schemes may face fines of up to P5 million, or jailed for a maximum of 21 years, as per the Securities Regulation Code.
People found to be inviting the public to join these illegal investments may also be held criminally liable or be sanctioned in accordance with the law.
In addition, the SEC noted that the names of people involved in illegal investments will be submitted to the Bureau of Internal Revenue for the proper assessment of their penalties and/or taxes. — Arra B. Francia
The social media accounts are as follows:
1. Road To Stockmarket/Dream Builders — Rtsm 2;
2. Steady Money Onpal;
3. G-Funds;
4. Team Amazing Grace;
5. Donatos Team — Gig;
6. Team Donatos;
7. Building Bridge;
8. Gbs New Hope;
9. Gbs Trust Traders;
10. Whilmz Team International;
11. Whilmz International Online Paluwagan;
12. Rosca — Money’s Worth Onpal;
13. Warriors Team Onpal;
14. Team Warriors;
15. Xplosion;
16. Red Packet;
17. Elite Savers Club;
18. Share Ko Profit Ko;
19. Sutm & Boj;
20. Real Team Angel International;
21. Original Team Angels;
22. Return Of The Comeback Team Angels Internationals;
23. Cone Weekly Investment;
24. 2do Marketing Services;
25. Power7 M2g;
26. Onpal Adhoc;
27. Swift Earners Guild;
28. Exclusive Circle Of Earners;
29. Old Tbc; and
30. Lover’s Profit Sharing.

More Filipinos flocked to overseas job markets in 2017 – PSA