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Young Filipino innovators immerse in world of design thinking

Impact Week Philippines, a design thinking challenge, gathered industry experts from across the world and students from the De La Salle-College of Saint Benilde (DLS-CSB) to create innovative solutions for local problems.

The nonprofit program aims to promote creativity, entrepreneurship, and intercultural exchange among developing and emerging economies.

The four-day workshop encouraged participants to formulate feasible strategies that address inclusion, sustainable urban planning and tourism, energy transition in mobility, digitalization, and disaster relief.

A group of international coaches from different countries likewise offered mentoring opportunities and guidance to the students.

The initiative was organized by Impact Week in collaboration with the college’s Hub of Innovation for Inclusion (HiFi), Center for Partnership Advancement, and School of Diplomacy and Governance (SDG).

TIP develops own version of hand rehabilitation device for stroke patients

What started as a thesis project for a group of Technological Institute of the Philippines (TIP) electronics engineering (ECE) graduates turned into a promising rehabilitation device that seeks to aid recovering stroke patients.

TIP Quezon City alumni Joanna Keith Ildefonso, Orwell Orit, Liezl Lalaine Patrimonio, and Keanu Readova developed their project called “HandMATE,” which recently won “Best Project of the Year” at the 2023 BPI-DoST Innovation Awards.

Collectively known as “RAD Tech,” the team worked with their adviser ECE faculty member Engr. John Joel Martinez to create a glove-like device made of light materials that uses a network of cost-effective internet-based technologies to facilitate the therapy of patients.

“The HandMATE has been specifically designed to address the extended healing period associated with hand rehabilitation, a process influenced by limited blood circulation,” the team wrote in the abstract of their study.

“By leveraging neuroplasticity, it aims to reestablish connections between nerve cells, restore lost motor skills, and meticulously monitor the healing progress, thereby contributing to an enhanced quality of life for post-stroke patients,” they added.

Neuroplasticity refers to the ability of our nervous system to change its activity in response to intrinsic or extrinsic stimuli by reorganizing its structure, functions, or connections after a stroke or other types of traumatic brain injuries, according to the National Library of Medicine.

Engr. Martinez said his students worked on the “HandMATE” project for one and a half years. They also tested the prototype “numerous times with satisfactory results,” which notably became their competitive edge.

“This device stands out for its capacity to facilitate both passive and active exercises, prioritizing rehabilitation, integrating IoT (internet of things)-based control and data retention functionalities, and providing an affordable solution,” Team RAD Tech noted.

The team accepted their award in a ceremony organized by the Bank of the Philippine Islands (BPI) Foundation and the Department of Science and Technology (DoST) Science Education Institute last Dec. 11 at the Makati Diamond Residences.

Renewables unlikely to top coal in PHL energy by 2025 — analysts

STOCK PHOTO | Image from Freepik

By Sheldeen Joy Talavera, Reporter

RENEWABLES surpassing coal as the Philippines’ top energy source by 2025 may face challenges in power generation capacity, financing, and land acquisition, according to analysts.

“Intermittent wind-solar cannot and will not be able to replace or substitute coal generation unless we embrace and endure large-scale daily blackout,” Bienvenido S. Oplas, Jr., president of Minimal Government Thinkers, said in a Viber message last week.

The International Energy Agency (IEA) has projected that renewable energy is poised to surpass coal as the top source of global power supply by 2025.

“Renewables are expected to generate more than one-third of the world’s electricity in 2025, overtaking coal as the largest source of supply,” the IEA said in its annual report on the electricity market.

The share of renewables in power generation is expected to increase to 37% in 2026 from 30% in 2023, “with the growth largely supported by the expansion of ever-cheaper solar PV (photovoltaic),” the report also said.

Citing data from the Department of Energy (DoE), Mr. Oplas said that the combined power generation of wind and solar was 2,582 gigawatt-hours (GWh) or 2.6% of the total generation of 111,516 GWh in 2022, while coal accounted for 66,430 GWh or 57.7% of the total.

Mr. Oplas also noted the need for a significant addition to renewable capacity to meet economic growth and avoid frequent blackouts.

“Challenges to renewables especially intermittent wind-solar is that the Philippines is growing fast economically… We need at least 7-8 TWh (terawatt-hours)/year addition in 2024-2026… otherwise we cannot grow (GDP) 6% or more yearly as we will have frequent rotational blackout as demand keeps rising and supply is not catching up,” Mr. Oplas said.

Erel B. Narida, president of the Renewable Energy Association of the Philippines, said that with only a few takers in the recent green energy auction (GEA), it is “something that you would look into” due to the “financial sensitivity because of the rate.”

“There’s only a few that really have the financial muscle to do that and with that, you require foreign direct investments for that,” he said.

During the second round of the GEA conducted last year, the DoE offered a total capacity of 11,600 megawatts (MW), but only 3,440 MW of renewable energy capacity was auctioned off.

The GEA program aims to promote renewable energy as a primary source of energy through competitive selection.

“The most challenging in the development is actually land acquisition, that’s one thing that really hinders some of the development,” Mr. Narida said.

Terry L. Ridon, a public analyst and convenor of think tank InfraWatch PH, said that developing economies such as the Philippines “are not under obligation” to make binding commitments to climate and renewable energy goals, unlike developed nations with their “massive industrialization.”

“At our current stage of economic development and limited land areas for food production, the nation cannot yet dispense with baseload technologies such as coal, oil, and gas, without incurring significant energy costs detrimental to the public,” he said in a Viber message.

With the share of renewables at 22% in the country’s power mix, the government is targeting an increase to 35% by 2030 and 50% by 2040.

Web3PH unveils calendar of events for 2024

Looking ahead to 2024, independent organization Web3PH is gearing up for a series of groundbreaking events that mark just the beginning of its ambitious plans for the year.

These events include the insightful “Panimula: Kasaysayan At Kinabukasan” in January, an exclusive gathering for key technology figures in the public and private sectors; “Crypto Night” in February and May, a community meetup for both seasoned and new crypto enthusiasts; “The Beauty of Crypto” in March, a fusion of technology and aesthetics; “CODECAMP” in July, an initiative to onboard the next million Filipinos into web3; “UNDOXXED” in September, a token-gated event for the web3 elite; “Web3PH Summit” in October; and the much-anticipated return of “Block Party” in November.

Each event is carefully curated to foster collaboration, policy-making, industry growth, and community engagement, reflecting Web3PH’s commitment to propelling the country into the forefront of the digital era.

As it continues to broaden its scope, Web3PH is actively seeking dynamic partnerships and sponsorships. This presents a unique opportunity for forward-thinking organizations to become key players in the evolving web3 landscape in the Philippines. By contributing resources, expertise, and vision, partners can play an instrumental role in shaping a future where technology and community interconnect seamlessly.

The organization also extends an open invitation to potential sponsors and partners to embark on a transformative journey with Web3PH, which does not only involve backing successful events but forging lasting impacts in the realms of innovation and collaboration.

Following the resounding success of its Block Party event last November on the sidelines of YGG Games Summit 2023, Web3PH encourages everyone to stay engaged and connected.

“We’re just getting started,” adds Justin Wee, a core member of Web3PH. “2024 is set to be a pivotal year for us, and we’re thrilled to continue this journey with the support of our community. Together, we’re shaping the future of technology in the Philippines.”

Paris Fashion Week: Viktor & Rolf takes a snip; Giorgio Armani goes shimmery; Chanel has a light touch

VIKTOR & ROLF — VIKTOR-ROLF.COM

PARIS — For their spring summer couture show, Viktor Horsting and Rolf Snoeren, the Dutch design duo behind the label Viktor & Rolf, showed an all-black lineup of ballgowns, tiered dresses and a tuxedo jumpsuit that looked as though they had been attacked by a pair of scissors. (See the show here: https://www.viktor-rolf.com/collection/haute-couture-viktor-rolf-scissorhands-spring-summer-2024 )

Bright spotlights switched on at the start of the show, startling the chattering audience.

The first model walked out slowly in a full-skirted dress covered with a hulking, satin coat, cinched at the waist, its upturned collar framing her face. The silhouettes that followed appeared to be the same design, but with patches snipped away, to show legs, part of an arm, or the ivory lining.

Other looks were similarly rearranged into entirely new shapes, including one gown that had ragged material trailing on each side, and another that was sliced nearly down the middle — leaving one shoulder bare.

“It’s about our love for couture and as well the irreverence for it, to live in both at the same time,” Mr. Horsting said backstage after the show.

Mr. Snoeren explained why they used black throughout the collection.

“We wanted to focus on silhouettes and black makes everything more abstract,” he said.

The label belongs to Italian fashion group OTB.

YUIMA NAKAZATO
Yuima Nakazato showed an elaborate haute couture lineup at the Palais de Tokyo in Paris on Wednesday, sending models down a stark white runway in pleated, scrunched, shredded, and dyed fabrics, embellished with spikes and patches of shiny armor. (All the outfits can be seen here: www.yuimanakazato.com/collection/couture_ss2024.html)

The Japanese designer drew up costumes for an upcoming performance of the opera Idomeneo, debuting next month in Geneva, and the spring-summer runway collection was linked to the collaboration.

Male models were wrapped in layers of fabric — one wore an airy, sheer scarf wound around strips of silvery armor, while another moved with piles of bunched up ruffles trailing behind.

Draped dresses and skirts were embellished with huge, shimmery coins, and a suit jacket had patches that seemed barely stitched together.

The show closed with a performance by dancer Pau Aran Gimeno, who, dressed all in white, stepped into a pool of red paint and smeared it over the runway with the fabric of his trousers.

GIORGIO ARMANI
Italian designer Giorgio Armani took a shimmery haute couture lineup to a Paris runway on Tuesday, showing slim trouser ensembles and full skirted gowns in pastel hues. (View the show here: https://www.youtube.com/watch?v=BwueX7ST9VI. )

His Armani Privè spring summer collection drew crowds to the show venue, the Palais de Tokyo, as onlookers gathered to catch the arrivals of celebrities including actresses Glenn Close, Gwyneth Paltrow, and Juliette Binoche.

Models moved slowly down the slim runway parading bustier gowns with piles of ruffles, tapered trousers paired with silky, collarless vests and sheer tops decorated with ornate embroidered flower patterns.

Accessories included looping necklaces and earrings made of beads, as well as round, pleated hats set atop the head at an angle, forming a broad halo. Some models carried small, dangling purses, while others grasped clutches.

When the show ended, the room went dark, and the Italian designer emerged into the spotlight, offering a nod and a wave to the applauding audience.

Mr. Armani, 89, is also chief executive officer of his company, that he set up with his late partner in the 1970s.

CHANEL
Chanel creative director Virginie Viard whipped extra airiness into the luxury label’s spring/summer haute couture show, with thin veils and tufts of tulle that floated down a carpeted runway. (See the show here: https://www.chanel.com/us/haute-couture/spring-summer-2024/ )

The audience sat in a ring under a gigantic button — stamped with the label’s logo. Moving down from the ceiling, it announced the start of the show, tilting toward the photographers’ podium.

Leading the line-up, actress Margaret Qualley was all in white. She wore the label’s signature tweed jacket embellished with shiny buttons, square pockets, and a ruff collar, paired with shimmery white tights and a miniskirt. Black heeled sandals and a matching hair bow — worn by others throughout the show — finished the look.

The ensembles that followed were varied and distinct. Ms. Viard added a sheer, black train to a white bustier minidress, and trimmed a tweed jacket, with transparent, white balloon sleeves that puffed out just below the elbow.

While jackets were cut short, miniskirts were slung low, revealing white, shimmery skin-hugging material underneath.

The pastel color palette and shiny, crystal embellishments brought a light touch to the collection, offset with occasional veils of black tulle — that even took the form of trousers.

The Paris spring/summer haute couture shows ran through Jan. 25. — Reuters

Jollibee opens 100th North American branch

LISTED fast-food giant Jollibee Foods Corp. (JFC) now has 100 stores in North America after opening a branch on Jan. 25 in the city of Surrey, British Columbia, Canada, the company’s president said.

Over the weekend, JFC announced the opening of the new Jollibee branch at the Strawberry Hill Shopping Center. This marks the second branch in Surrey.

“The launch of our 100th store in North America is a crucial milestone for us, demonstrating the strength of our Jollibee North America team,” JFC President and Chief Executive Officer Ernesto Tanmantiong said.

He also expressed optimism for the future, saying, “We hope you will continue to cheer us on as we open the next 100 stores in North America and achieve our vision of becoming among the top five restaurant companies in the world.”

Highlighting the company’s accelerated push in North America, JFC noted the recent store opening as a part of its strategic expansion plans in the world’s largest quick-service restaurant market.

The Canadian expansion follows the recent inauguration of a Jollibee branch in Sterling Heights, Michigan, United States, on Jan. 12, marking the company’s first entry into the state.

JFC encompasses eight wholly owned brands, including Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, and Smashburger. It also operates four franchised brands — Burger King, Panda Express, Yoshinoya in the Philippines, and Tim Ho Wan in certain territories in China.

The group also owns 80% of The Coffee Bean & Tea Leaf; 60% in the SuperFoods Group that owns Vietnamese coffee brand Highlands Coffee; and 51% of Taiwanese bubble tea brand Milksha.

Shares of JFC were last traded on Jan. 26 at P274.60 apiece. — Revin Mikhael D. Ochave

Charge to experience luxe

Priced at P9.99 million, the EQS grows the number of all-electric offerings from Mercedes-Benz Philippines. — PHOTO BY KAP MACEDA AGUILA

The Mercedes-Benz EQS is the all-electric version of the S-Class

THE FLOODGATES have truly been thrown wide open. Electric vehicles have long ceased to be novelties but represent the inevitability of our mobility fate.

That’s certainly how it looks like with the local Mercedes-Benz stable of models. Following a trio of electric releases (EQA, EQB, and EQE) in September of last year, IC Star Automotive, Inc., official distributor of Mercedes-Benz vehicles in the Philippines, unveiled the flagship EQS. Coming in a lone EQS 450 4Matic AMG Line guise, the electric vehicle is the all-electric equivalent of the top-rung S-Class.

Amid the influx of EVs, the distributor is bullish about prospects. Intimated Mercedes-Benz Philippines Product Planning and Training AVP Benjie Bautista to “Velocity,” “The reception has been very good, with many of our customers being early adopters. Some are our previous customers who want to experience change. They also have their own personal advocacies in sustainability, reducing CO2 emissions, carbon neutrality, and the like. It has also been a success because I think we’ve been able to position and price the vehicles competitively.”

By the executive’s reckoning, about 15% of the EQ-model buyers here thus far are repeat customers.

Introduced globally just last year, the EQS luxury sedan is said to be the first Mercedes-Benz model “built on the modular design intended for executive and luxury-class electric cars,” according to a Mercedes-Benz Philippines release. The company continues that the sedan “seamlessly combines design, technology, safety, and connectivity.”

The exterior shape is highlighted by the brand’s signature “one-bow design” featuring a “coupé-like roof line, which extends in an arc over the vehicle, over the frameless doors to the rear.” A truncated nose and clamshell hood mark the forward area, while an attractive fastback rear gets the viewer’s attention. The profile is not just for show, either. The sleek shape helps the EQS get down to a 0.20 coefficient of drag, which makes it the most aerodynamic production vehicle in the world.

The EQS boasts a so-called Digital Light with Ultra Range High Beam, which can adjust to the driving situation for “relaxed and safe driving.” On the other hand, the rear lights get a curved 3D helix shape and are connected by an illuminated strip.

Mercedes-Benz reported that the EQS already banners Artificial Intelligence, which allows it to “make decisions almost instantaneously and learn over time about how the car is used.” A so-called Zero-Layer interface allows vehicle function, display, and infotainment parameters to adjust to the user. It even makes context-based personalization of comfort, entertainment, and vehicle modes. Integrated in the MBUX infotainment system is adaptive software that ensures most relevant or used applications are available most readily. The car bears “up to 350 sensors, feeding control units and algorithms information to process.” It can read distance, speed and acceleration, deceleration, lighting conditions, precipitation, temperatures, and seat occupancy.

The centerpiece in the vehicle’s cabin is the MBUX Hyperscreen, a huge 56-inch curved display that allows the user to “view all information and issue voice commands more easily.” Covered by a length of bonded glass are three screens — an OLED 12.3-inch one for the driver, 17.7-inch display at the center, and 12.3-inch screen for the front passenger. A Burmester 3D surround sound system employs 15 speakers, wireless charging, and wireless Apple CarPlay and Android Auto connectivity.

The second row boasts the MBUX High-End Rear Seat Entertainment System, predicated on two 11.6-inch displays with touch controls on the backrests of the driver and front passenger seats. In addition, the MBUX rear tablet also comes standard. The independent tablet can be used outside the EQS. Android apps may be installed in the tablet, and it can be used as a remote control for all rear-seat entertainment functions. As for the seats, backrests are electronically adjustable. The front and rear seats are climatized and a comfort armrest is available in the rear.

And as it bears the hallowed “S” letter, the EQS receives a four-link front and multi-link rear suspension found in the S-Class, promising superior ride comfort. An Airmatic air suspension adjusts damping and allows for real-time adjustment to road conditions. Cabin lighting consists of 190 LEDs in wraparound light strips and elements. Active Ambient Lighting offers 64 colors, and can be operated and tailored through the MBUX voice assistant, which recognizes the position of the person speaking.

The EQS 450 4Matic AMG Line is powered by a next-generation lithium-ion battery. The 108.4-kWh cell pack can muster a maximum range of 717km (WLTP-certified). This can translate insisted Mercedes-Benz Philippines, to a “worry-free” trip from Manila to Baguio — depending on one’s driving habits and the vehicle load, of course. Its 4Matic all-wheel drive determines the most efficient all-wheel-drive distribution depending on situation, and the electric powertrain dishes out 360hp and 800Nm — translating to a standstill-to-100kph time of 5.6 seconds.

Finally, the Mercedes-Benz Driving Assistance Package Plus enhances safety through “modern, intelligently networked sensor systems” that yield semi-automated driving.

“We believe that the EQS is equally competitive in its segment,” added Mr. Bautista. “We’re expecting to build even more on our EV sales from last year… It’s very good that the government has been able to support the EV industry. We hope the support continues.”

The executive trusts that electrics will continue to be more attractive to buyers as public charging infrastructure is set up. “As infrastructure is being established, we’re confident that our customers can travel from, say, the northern tip of Luzon to the southern tip, and they’ll have chargers they can use along the way.”

Meanwhile, Mercedes-Benz Philippines Passenger Cars Distribution General Manager Rhomel Franco revealed to “Velocity” that a viable target strategy the company is looking at for its electric vehicles is to appeal to sustainable-minded firms’ executives. The Mercedes-Benz premium cache and green values are definitely aspirational sets for the, well, enlightened C-suite.

The 2024 Mercedes-Benz EQS 450 AMG Line has an introductory price of P9.99 million.

Beyond makeup: L’Oreal’s Beauty Academy now extends to social media training

DIGITAL BEAUTY ACADEMY graduate Angelica Galang.

L’OREAL’s Digital Beauty Academy program has produced 516 graduates, all aiming to earn their livelihood through social media.

With the rise of social media content monetization, this new iteration of L’Oreal’s Beauty for a Better Life program (which usually produces skilled beauty professionals) equips the students with knowledge on beauty, digital marketing strategies, e-commerce essentials, and expert social media management. The second batch of graduates were honored in a ceremony at Quezon City Hall on Jan. 16.

“We needed to create a program that would allow us to reach more individuals. What better way to do it than to use the power of beauty… and use digital to create more opportunities for individuals?,” said Krhizzy Pasigan, Corporate Affairs Head of L’Oreal Philippines in a press conference after the event. “At L’Oréal, we are moved by the impact that the Digital Beauty Academy training has had on its graduates. Guided by Beauty for a Better Life principles, we believe that beauty and education can be catalysts for social inclusion, providing women self-confidence and empowerment. In today’s digital landscape, we aim to go beyond traditional boundaries and utilize beauty and digital to unlock new livelihood opportunities in social commerce and content creation,” said Yannick Raynaud, Managing Director of L’Oréal Philippines in a statement. “We look forward to further expanding programs like this to other beneficiaries and cities around the country.”

The program was enabled with the cooperation of SPARK! Philippines, TikTok, and the Quezon City government, from where the graduates hailed from.

With previous iterations of the Beauty for a Better Life program, success could be measured with the immediate employment of the graduates. With the Digital Beauty Academy, and the rollercoaster ride of social media success, outcomes might be more nebulous. Still, at least according to Angelica Galang, a graduate from the first batch, life has improved.

Speaking in the same press conference, Ms. Galang said that she had been shy at first, but after training under the Digital Beauty Academy, she gained confidence, 48,000 followers, and a six-digit income.

“I think more than economic empowerment, my personal perspective is that when we had the launch of the first cohort, you can see that everybody was quiet,” said SPARK! Philippines Executive Director Maica Teves. “I think part of this is women finding their own voice.”

Observing that most of the participants in the program were women or LGBTQIA+ individuals, Quezon City Mayor Josefina “Joy” Belmonte emphasized the importance of granting economic opportunities to these particular groups. Ms. Belmonte gave other examples of gender-based economic programs that Quezon City has for its citizens, including the No Woman Left Behind project which helps women in jails by providing them with training and skills to convert tarps into bags, sold in retail stores and other channels. A percentage of these proceeds is given back to the women, because as Ms. Belmonte points out, “In the country, even when they’re in jail, they’re still the breadwinners in the family. They use this income to help their families.”

“There is solid data to show that when there are equal opportunities for everyone, there is greater progress in a society. Equal opportunities means that everybody is able to have equal chances towards progress, equal choices to develop their potential, and to contribute to the betterment of the nation,” she said during the press conference. — JLG

Viability concerns stall Ayala hospital arm’s bid for P9.49-B PGH cancer center

RAMILTIBAYAN/CC BY-SA 4.0/WIKIMEDIA COMMONS

THE Ayala group’s hospital brand is facing challenges in bidding for the P9.49-billion Philippine General Hospital (PGH) cancer center due to concerns about economic viability, an official said.

“No movement right now because when we looked at the terms of reference, it is quite difficult to make it really viable,” Jaime E. Ysmael, Healthway Medical Network chief executive officer, told reporters last week.

“The government is now studying if they can modify the terms,” he added.

Healthway Medical Network is the hospitals and clinics arm of Ayala Healthcare Holdings, Inc. (AC Health). 

“It is more of the economics. It is difficult to really make it work considering that you’re building a big hospital that will address both charity and private patients,” Mr. Ysmael said.

“You can get earnings from the private patients but we will not earn anything from the charity side,” he added.

Building a large hospital for both charity and private patients poses economic challenges, with complexities in the build-transfer-operate model, according to the company.

“Even the assets will not be with the proponent; it is hard also to get loans if that is the case,” he added.

The cancer center project, with a 300-bed capacity, began bidding in June last year, aiming to enhance the existing University of the Philippines-PGH cancer facility.

In November, the company inaugurated the P3 billion Healthway Cancer Care Hospital  in Taguig City, featuring specialized facilities and services.

AC Health’s diverse portfolio includes Healthway, Generika Drugstore, IE Medica, MedEthix, and the healthcare aggregator app KonsultaMD. — Revin Mikhael D. Ochave

Unlocking global opportunities: Studying abroad made easier with accessible and reliable payment platforms

For Filipinos, studying abroad is a golden opportunity. Beyond obtaining a high-quality education, it paves the way toward a thriving career. It’s not surprising then that an increasing number of Filipinos are showing interest in studying overseas. In 2022, data from UNESCO, or the United Nations Educational, Scientific, and Cultural Organization, revealed that nearly 23,000 Filipinos are pursuing education abroad.

“In the next five years, we can expect a 13% increase in Filipinos seeking quality education abroad. The endless possibilities it offers, coupled with strong support from the private and public sector, suggest a rising trend,” said PETNET President and CEO Adrian Alfonso Ocampo.

Aside from the educational and career benefits, there are additional exciting aspects to anticipate when studying abroad.

Exploring new places and building connections

Studying abroad goes beyond the classroom; it’s an opportunity to explore land away from home. During weekends or breaks from classes, students can schedule trips to roam across the country and meet new people, turning the experience into a combination of study and vacation.

Immersing in a new culture

Understanding and immersing oneself in a different country’s culture is another perk. By learning how the locals live and embracing their traditions, students gain a unique and expanded perspective of the world.

Professional growth

International education and work experience provide a competitive edge. It shapes people into dynamic, agile individuals who can adapt quickly.

PETNET, Inc. expanded its partnership under one of its service brands, PETNET Forex Solutions, with global B2B payments company, Convera, who provides leading payment solutions in the education space and is trusted by more than 900 institutions worldwide.

By leveraging Convera’s extensive network of partner universities, PETNET aims to offer a simple and economical solution through the Convera GlobalPay for Students platform for managing direct payments to international education providers,” said Mr. Ocampo.

With accessible programs for Filipino students, funding overseas education is now more manageable, particularly regarding tuition fees.

The Convera GlobalPay for Students platform ensures that Filipino students and payers can pay their tuition in Philippine Pesos (PHP) with the assurance that the payment will arrive on time, in full, without hidden charges. Tailored for international students, the platform offers a simple and reliable way to pay education fees.

Students, parents, and sponsors can select PETNET as their preferred payment option during checkout and complete their payment online via bank transfer.

Through this payment platform, PETNET Forex Solutions and Convera are empowering Filipinos by providing accessible payment solutions that bring them closer to their dreams of academic opportunities abroad.

“The Convera GlobalPay for Students platform hopes to assist Filipino students with access to a seamless and economical method of direct payments to education providers abroad,” said Mr. Ocampo. “Studying overseas is an opportunity you don’t want to miss. And we are glad that through our platform more Filipinos are being empowered to seize this once-in-a-lifetime breakthrough.”

Access the Convera GlobalPay for Students platform by visiting students.convera.com.

Stay updated on PETNET Forex Solutions’ latest services by following them on Facebook and LinkedIn.

 


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YGG announces partnership with Iskra

YGG Co-Founder Gabby Dizon (left) and Iskra CEO Eugene Lee (right)

Yield Guild Games (YGG) has announced it will be introducing its questing systems to Iskra, a web3 gaming hub and launchpad with over four million registered wallets and 100,000 monthly active users (MAU). Backed by the likes of LINE, Kakao, Wemade and Netmarble, Iskra brings together gamers and game studios, enabling players to explore high-quality blockchain games and create their own communities. The collaboration between Iskra and YGG aims to expand the web3 gaming ecosystem by creating engaging quests that deliver rewarding experiences within Iskra-partnered games.

As part of this partnership, YGG and Iskra have signed a memorandum of understanding (MoU), that establishes a collaborative relationship between the two parties. This includes conducting joint marketing campaigns via Discord events and AMAs, as well as increasing user participation through YGG’s questing systems.

“This partnership marks an important step for web3 gaming, as we get to show how effective the questing model is through Iskra’s growing platform of web3 titles. We look forward to creating engaging quests that will ensure player retention, build their on-chain reputation and contribute towards a shared vision for the ecosystem,” said YGG Co-Founder Gabby Dizon.

Founded in 2021, Iskra has raised over $40 million in seed investments to date. The platform has also partnered with Indonesia’s largest game developer, Agate, and entered into a strategic partnership with Vietnam’s leading blockchain company, VeriChain, and Coinbase for the launch of its Ethereum Layer 2 (L2) project, Base.

Electro-gran

The vehicle is the first in the country to feature BMW Connected Drive. — PHOTO FROM BMW

BMW PHL adds a sedan to its EV lineup

AHOY, electric vehicle enthusiasts! BMW Philippines recently revealed the latest addition to its local vehicle lineup: the BMW i4 eDrive35. Convincingly priced at P4.49 million inclusive of a five-year comprehensive BMW warranty, a six-year BMW service-inclusive package, and an eight-year high-voltage battery warranty, this all-electric, 286hp, four-door gran coupe is definitely an attractive, new product to consider in the premium sedan segment.

As one of its highlights, the new BMW i4 eDrive35 is the first BMW model available in the Philippines that comes equipped with BMW Connected Drive. This feature allows its users to fully exploit the (downloadable) MyBMW App, which enables its users to remotely control certain vehicle functions and access the car’s vital vehicle information through a smartphone.

BMW Philippines President Spencer Yu was keen to emphasize that it is the vision of SMC Asia Car Distributors Corp. — the official importer and distributor of BMW vehicles here — to have the brand offer the biggest selection of premium electric vehicles in the country. The i4 eDrive35 is its fourth battery electric vehicle model.

Said to be bestowed with good driving dynamics, renowned BMW handling, hallmark spaciousness, and a maximum battery range of 483km (per the WLTP cycle), this single-motor rear-wheel drive gran coupe is bound to paint smiles on many drivers’ faces — especially with its 400Nm of torque and ability to accelerate from zero to 100kph in six seconds.

It features fifth-generation, BMW eDrive technology, and also carries an adaptive recuperation system which recovers energy which would otherwise be lost during braking. This recovery system is intelligent because it learns from real-time driving data, and adjusts its system accordingly in order to achieve maximum efficiency in its recuperation in the first place. Moreover, the i4 eDrive35 highlights a high-voltage battery which uses the latest battery-cell technology. It has a built-in heating and cooling system which optimizes thermal management to get the most out of fast charging. The purchase of an i4 eDrive35 comes with a BMW Wallbox charger that will be installed by a company “i-partner” in the client’s home.

Furthermore, the i4 eDrive35 comes equipped with a cloud-based navigation system called “BMW Maps,” — which is not only dynamic in its computations, but is also able to consider route plans that include charging stops! It uses 5G data transmission, and is also capable of remote software upgrades. Automatic emergency calls are enabled for when there is an event such as a collision. Mind you, these connectivity benefits come fully purchased with the car, and are not dependent on subscriptions.

With other modern bells and whistles such as the ability to generate a digital car key, the availability of BMW’s intelligent personal assistant and its usual suite of safety features, the BMW i4 eDrive35 is certainly a car that is bound to have progressive car buyers giving it more than a passing look.

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