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Monday, October 12, 2020

Ohmyhome PH Team: Building better lives through better housing journeys

Ohmyhome is your one-stop housing solution, that is if youre looking for a house or tenants, it would help you match to your prospective buyers and tenants. It makes real estate transactions simple, fast and affordable through a DIY property platform. 


When proptech startup Ohmyhome launched in Singapore back in 2016, two Filipinos were members of its core team of ten highly trained professionals. As Ohmyhome grew, more Filipinos joined the team, working hard to help achieve the company’s vision: building better lives through better housing journeys. 


 

Today, Ohmyhome is the leading property technology platform in Southeast Asia, having scored remarkable success in its first two markets—Singapore and Malaysia—with over 5,000 property transactions and an impressive 99% customer satisfaction rating. 

 

Ohmyhome accomplished this feat through seamless collaboration—initially between its Singapore and Malaysia teams. With Ohmyhome setting up operations in the Philippines, the company expects the PH group to replicate this achievement through the same collaborative efforts, further enhancing Ohmyhome’s reputation for fast and efficient property transactions.



Ohmyhome Chief Executive Officer Rhonda Wong is understandably proud of the company’s more than eighty employees working in their Singapore, Malaysia, and Philippine offices. “We are one team. When we build a product or design a service, all team members from the three different countries function towards making that service work.” 

 

Rhonda’s sister and co-founder Race Wong, Ohmyhome Chief Product Officer, affirms this, saying, “It doesn’t matter where a team member is based. We regard each other as family so we have a tight relationship. With the region’s quarantine measures still in place, our people work from home most of the time using online communication tools.”

 

Rhonda and Race are especially pleased that their hardworking and dedicated team feels a strong sense of ownership at Ohmyhome. The siblings say they run the team like their own family. “In fact, we spend more time with our teammates than with our own kids,” Race points out.


The Ohmyhome team, which recently launched its platform in the Philippine property market, includes twenty-five highly trained Filipino professionals who work in its Quezon City office.



Considering Ohmyhome’s product and the broad range of services it offers, Rhonda and Race do not consider eighty people a large group, which means that most members are focused on individual job functions. “We do not need to hire more people because we believe that a small but proficient team empowers everyone to see meaning in their job and produce meaningful results,” Race explains.

 

Ohmyhome’s core team currently has twenty-five Filipinos who work in its Philippine office in Quezon City. But back in 2017, they only had four comprising the technical team. Race and Rhonda recount how this tiny crew had to camp in Internet cafés and hotel lobbies. “Our office was not ready, then, because the process of renting one and acquiring Internet service took longer than expected. It was quite tough for the team back then, but looking back, those were pretty fun times.”

 

The Ohmyhome Philippine team, however, quickly grew. Within two years, it had to move to an office with enough space to accommodate the company’s sales and operations people. With everything falling into place, Ohmyhome was in the run-up to its official launch in the Philippines.

 

Rhonda and Race now disclose that Ohmyhome’s technical group that launched the app in the Philippines belonged to the same core team that launched it from day 1 in Singapore and in Malaysia in 2019. “Therefore,” Rhonda says, ”they are experienced in the data and research required to adapt Ohmyhome’s platform to the Philippine real estate market. Initial preparations only took three months and the actual engineering work took another three months.”



Rhonda says there are a number of Ohmyhome Filipino employees who come from the local real estate industry and thus have first-hand experience in the traditional processes involved in property transactions. They report about challenges such as unreliable agents, a lack of transparency, slow feedback and decentralized property services, problems the Philippines share with other countries in Southeast Asia. 

 

One major setback Filipinos property owners encounter is not having a platform to sell or rent out their own properties. Usually, an owner will check with their friends or network for prospective buyers. It’s a tedious process, to say the least, and one that Ohmyhome seeks to address through its unique hybrid model that combines a do-it-yourself (DIY) platform and professional agency services that can assist clients in their entire housing journey. 

 

To serve this end, the Ohmyhome Philippine team made numerous modifications to the platform and customized it to suit the Philippine market. For instance, real estate jargon or terminology was localized for clearer communications. Project or property information in listings was tweaked for the local property market. Content and other data were also amended for a seamless user experience for the Filipino property transactor.

 

Ohmyhome PH likewise stresses that they are different from existing property portals that serve as a marketplace for agents to sell properties in the country. At Ohmyhome, Philippine properties are listed by developers, homeowners, and in-house agents to ensure quality listings. 

 

“We have created a new experience of property transactions,” Rhonda explains. “Our unique business model provides a full-stack solution for our customers—from search, post, agent services, mortgage, conveyancing, legal, renovations to movers and other property-related services.”

 

“While the technology is ready,” Rhonda and Race Wong say, “we will be rolling out our services—in phases—in the next nine months. Filipinos will soon enjoy the efficient and reliable seamless service Ohmyhome provides.” 

 

And this—in no small measure— will be ensured by the exceedingly competent Ohmyhome Philippine team. 

 

 

Stay productive anytime, anywhere with the #Pouvoir4EnergyKing

Much of the world we live in has gone digital, and smartphones play a huge role in our day to day existence. For work, we use these for communication, from emails and messaging on the go to mobile video conferences and webinars. Our phones house our daily schedules, task lists and shopping lists, phonebooks, and even birthday reminders. These serve as entertainment tools, too, where we can enjoy movies and TV programs, games, and social networking. 



A smartphone has become such an essential part of daily life, which is why it is important to find one that can keep up with our needs, and help us stay #AlwaysPowerOn. TECNO Mobile’s Pouvoir 4, which runs on an extraordinary 6000mAh battery, is a great choice for anyone who leads a fast-paced, active lifestyle. Worrying about charging cables and power outlets, while on the go, can now become a thing of the past. ✋

 

The long-lasting Pouvoir 4, capable of functioning for up to four days on a single charge, is both eye-catching and impressive. Its larger-than-life 7-inch display offers a wide vision area with a 90.55% screen ratio, providing the best possible entertainment and gaming experience. It is a great tool for productivity as well, with excellent memory and a powerful processor that ensures a smooth mobile experience without any lags. 

 

Those who create content can look forward to amazing photos and videos with this smartphone, too. Pouvoir 4 has a 13MP AI-powered Quad camera, plus two more 2MP cameras and AI lens at the rear. In front, it also has an 8MP dual flash camera. Apart from this, when shooting on low light video record mode, images are automatically brightened by this intuitive device.

 

The ‘Pouvoir-ful’ smartphone, with TECNO Mobile’s HiOS 6.0 built on Android Q, comes in a variety of colors, and may be purchased from partner retail stores at Php4590 for the Pouvoir 4, Php5990 and Php6990 for the Pouvoir 4 Pro. 

 

For updates and more information, visit www.tecno-mobile.com/ph. Also follow TECNO Mobile Philippines on Facebook for the chance to win your own Pouvoir 4.

The newly improved PLDT Home Wifi Prepaid Advance modem is now available at Php 1995 for a limited time only



With the resumption of classes nationwide, there’s greater need for homes to be equipped with fast and reliable internet connections so students can seamlessly attend their online classes. The country’s fastest fixed network and leading digital services provider, PLDT Home introduces an all-new and most advanced prepaid internet solution that can be ordered hassle-free online. 

 

For a limited time only, customers can instantly avail of their own PLDT Home Wifi Prepaid Advance unit for only P1995 to enjoy uninterrupted and fastest wireless connectivity at home. Customers can order a unit through the PLDT Home website (https://pldthome.com/homewifi) and receive their order quickly via Grab Express service. Purchases can either be paid through debit or credit card for cashless delivery, or cash-on-delivery.  



 

This all-new and improved PLDT Home Wifi Prepaid Advance unit offers LTE-Advanced (LTE-A) technology that can deliver the fastest wireless internet speeds versus the previous PLDT Home Wifi Prepaid modem. The PLDT Home Wifi Prepaid Advance modem is more efficient compared to its previous version with its carrier aggregation features and ability to combine frequency channels that enable faster LTE speeds and better customer experience. 

 

Just like the previous PLDT Home Wifi Prepaid unit, this newly improved PLDT Home Wifi Prepaid Advance modem is a plug-and-play device that’s convenient to use, especially for school-age children (with adult supervision) at home. Customers can also buy the PLDT Home Wifi Prepaid Advance unit via GrabMart. Every device comes with free 10GB valid for 7 days so customers can immediately browse online and can be reloaded through GrabApp using the GrabPay wallet, Paymaya, myPLDT Smart app, or through PLDT Home and Smart’s retailers nationwide. Customers can also choose from a wide array of Prepaid FamLoad options for bigger data packages tailor-fitted to their needs.  


The PLDT Home Wifi Prepaid Advance is available for a limited time only. The original price of Php 2,495 is slashed to just Php 1,995 only until November 30 to allow customers to take advantage of this advanced and affordable internet device in time for the opening of the school year. 

 

This timely offer is part of PLDT Home’s efforts to bring more online-driven services, boosting their already significant digital presence amid the new normal. With a more advanced technology, PLDT Home answers the needs of more Filipino families for a reliable and fast internet connection so they can do their work, attend online classes, and likewise be entertained online, in the new normal. 

 

For more information about PLDT Home Wifi Prepaid Advance, visit www.pldthome.com/homewifi.  

 

Sunday, October 11, 2020

Tecno Mobile Pouvoir 4 Review: More Power for the People



One of the first things I always consider when buying a new smartphone is the battery (next only to its looks and camera).  I always take into consideration the battery life, for I am always using my phone most for work in the morning and for binge-watching my favorite movies and series before bedtime. I think the only time I put down my phone is when I go to sleep. 



Last week, I got an email for another smart phone review. Now I’m not much of a techie, but getting the chance to try out new phones always gets me excited. This time its for a new smartphone brand called Tecno Mobile and the phone they were sending over was the Pouvoir 4 brand.



 

Coincidentally, I was watching Emily In Paris when I saw the email so I immediately searched for the meaning of Pouvoir. It sounded French and I was right! Pouvoir is indeed the French word for power, and that’s exactly what this phone was all about.



 

#ENERGYKING

The Pouvoir 4 comes in three colors, Cosmic Shine, Ice Jadeite, and true to its name it was indeed a Fascinating Purple hue. I also love the color design as it easily stands out with its glossy finish.

 

Tecno Mobile calls the Pouvoir 4 their #EnergyKing because it packs a huge 6,000 mAh battery! But that isn’t the only thing big about the Pouvoir 4 as it also has a big 7-inch HD+ screen.

 

According to Tecno Mobile, you can use the Pouvoir 4 for four days on a single charge or watch up to 792 minutes of movie time (I think that’s around  6 full movies); 516 minutes of video recording and 638 minutes of action-packed gaming. True enough I was able to watch all episodes of Emily in Paris, play fruit slasher in between during the day and it still had enough battery for to check out my favorite Instagrammers and updates of my Facebook groups. 



 

CAMERAS

The Pouvoir 4 is equipped with a 13MP AI Quad camera, two 2MP cameras and an AI lens at the rear, and 8MP dual flash camera at the front. The main camera packs a F1.8 big aperture and 8X digital zoom with a 77-degree shot angle that produces HD video recording function. The phone comes with a low light video record mode that automatically brightens video shots in the dark.

 

Check out the photos I took using the phone:




I think they turned out way better than I expected for a phone at its price point. Outdoor shots and good lighting were okay although it struggles a bit when it’s a bit dark. Still, compared to other phones, the Pouvoir 4 cameras can hold its own.



In the few days that I was able to use it, the Pouvoir 4 is a lot more suited for those who love to watch videos on youtube or movies and casual gamers. d casual gamers. Like I said the 7-inch screen is bigger than your regular phone display and it has a 90.55% screen ratio so it isn’t really significantly bigger than you’d think. Also it has dual speakers that provide stereo and digital sound solutions based on acoustic measurement and correction. It also runs on the latest Android with TECNO’s HI OS 6.0 UI. I’m not really an expert on UI but I didn’t have any problems navigating around the phone even though it’s my first time to use HI OS.



 

Lastly, the Pouvoir 4 comes loaded with a range of cool features such as face unlock, fingerprint sensor for optimized security along and a dedicated button along the side to for Google assistant. But the best part of all of this has got to be its price. The Tecno Mobile Pouvoir 4 is priced at just Php4,590 for the Pouvoir 4 3GB +32GB storage.


                                                                         AR Shot

So if you are looking for a budget phone that doesn’t deny you of the essential features like long battery life and big screen, the Pouvoir 4 would be a great choice to get your children for their e-Learning or if you need a secondary standby phone. 

 


TECNO Mobile Pouvoir 4 Specs

 

Android 10, HiOS

Dual SIM, Dual standby

7.0-inch HD IPS display, 1640 x 720 pixel resolution, 255ppi

2.0GHz quad-core processor

3GB RAM

32GB internal storage, expandable via microSD

8-megapixel front camera

13-megapixel + macro + depth sensor rear cameras

Rear-mounted fingerprint scanner

Stereo speakers

Headphone jack

4G LTE

WiFi

Bluetooth

GPS

FM Radio

microUSB

Dimensions: 174.9 x 79.6 x 9.2mm

Colors: Cosmic Shine, Ice Jadeite, Fascinating Purple

6,000mAh non-removable battery

 

 

Available at leading partner retailers at a competitive and affordable price of Php4,590 for Pouvoir 4 3+32 ; Php5,990 for Pouvoir 4 Pro 4+64 and Php6,990 SRP for Pouvoir 4 Pro 6+128.

 

Pouvoir 4 is available at partner retail stores, visit http://bit.ly/TecnoStoresPH.

Follow TECNO Mobile Philippines on facebook.com/TECNOMobilePH and get a chance to win your own Pouvoir 4.

 

Are you ready for KCON:TACT 2020 Season 2?

This is good news to all K-pop fans as Smart Communications brings KCON:TACT 2020 season 2 brought to you by GigaFest.Smart on your mobile browser.



Complete line-up of artists include AB6IX, A.C.E, ATEEZ, CLC, Day 6 (Even of Day), Dreamcatcher, Everglow, Ghost9, Ha Sung Woon, IZ*One, JO1, KARD, Kim Jae Hwan, Kim Woo Seok, Lee Eun Sang, LOONA, MAMAMOO, Natty, ONEUS, ONF, Park Ji Hoon, Sunmi, The Boyz, TOO, VeriVery, Wei, and WOODZ (Cho Seung Youn).





Gear up for one of the world’s largest K-Culture events from October 16 to 25, 2020 via GigaFest.Smart.

 

Co-hosted by CJ ENM and the Korean Creative Content Agency (KOCCA), the KCON:TACT 2020 season 2 is a K-Culture and pop music celebration featuring 10 days of 24/7 content such as live concerts, meet and greets, behind-the-scenes, and interactive activities with dozens of K-Pop artists and influencers.  




 

Live Giga with KCON:TACT 2020 season 2

 

With Smart, you can live big and LIVE GIGA with your passion for all things hallyu as you stan your favorite K-Pop idols, catch their performances, and get up close with their meet and greet sessions by simply visiting GigaFest.Smart on your mobile browser.

 

During the festival, you can go all-out by, turning on your light sticks, dancing to the hits of your idols, and connecting with fellow fans not just from around the country but also from all over the world. 

 

Be sure to register to Free Stories For All on the GigaLife App so you have more than enough data to post and share your favorite moments from the virtual festival.  

 

Exclusively available on the GigaLife App, Free Stories For All gives subscribers an extra 1 GB for Facebook, Instagram, Tiktok, and Twitter with every registration to any GIGA Stories offer.

 

To top it all, keep immersing in the K-Pop world with various content from the hallyu community with Giga Video and get 1 GB Video Every Day for YouTube and more, plus open access data, so you won’t miss anything from KCON:TACT season 2.

 

One-of-a-Kind K-Pop Fan Experience 

 

KCON:TACT 2020 season 2 is a much-anticipated follow-up to the successful first season of KCON:TACT held last June, which attracted roughly 4 million viewers from over 150 countries to celebrate 33 K-Pop artists, including Mamamoo, Kang Daniel, Stray Kids, Monsta X, GFriends, IZ*ONE, among many others, in its seven-day run.

 

Aside from a much longer run, KCON:TACT 2020 season 2 promises a unique K-Pop fan experience and spectacle by incorporating Augmented Reality, Mixed Reality, and eXpanded Reality technology throughout the festival.

 

Complete line-up of artists include AB6IX, A.C.E, ATEEZ, CLC, Day 6 (Even of Day), Dreamcatcher, Everglow, Ghost9, Ha Sung Woon, IZ*One, JO1, KARD, Kim Jae Hwan, Kim Woo Seok, Lee Eun Sang, LOONA, MAMAMOO, Natty, ONEUS, ONF, Park Ji Hoon, Sunmi, The Boyz, TOO, VeriVery, Wei, and WOODZ (Cho Seung Youn).

 

KCON:TACT 2020 season 2 is part of Smart GigaFest, a campaign to thank subscribers in a series of celebrations leading to the holiday season. This includes the recent launch of the GigaLife App, online concerts featuring top international and local artists, an online film festival, sports and mobile gaming events, and exclusive perks and promos, among others. Subscribers can look forward to more exciting announcements as Smart continues to bring Filipinos closer to their passions.

 

Better Video Experience for Smart subscribers 

 

Smart subscribers can enjoy streaming KCON:TACT 2020 season 2 powered by Smart LTE, the country’s fastest mobile data network, as certified by third-party mobile analytics firms such as Opensignal and Ookla. 

 

A recent report by Opensignal1, an independent mobile analytics firm, shows that Smart has been consistently offering a much better Video Experience for subscribers compared to the competition for the past seven quarters starting in Q3 2018.

 

Moreover, Smart’s Video Experience score has increased from 42.4 points to 53.5 points, a rise of 11.1 points (26.3%) between Q3 2018 and Q1 2020.

 

In its April 2020 Mobile Network Experience Report for the Philippines2, Opensignal also noted that Smart remained ahead of the competition in terms of Video Experience, Upload and Download Speed Experience, Voice App Experience, Games Experience, and 4G Availability. 

 

On the other hand, Ookla, the global leader in internet testing and analysis, recently named Smart as the country’s fastest mobile data network in the first half of 2020 after it achieved a Speed Score™ of 18.33, with average speeds of 15.94 Mbps for download, and 7.57 Mbps for upload, based on 2,810,963 user-initiated tests taken with Speedtest®.

 

For updates on KCON:TACT 2020 season 2 and the latest Smart promos and services, follow Smart’s official accounts on Facebook, Twitter, and Instagram and use the official hashtag #SmartKCONTACT.

 

PBA Bubble is first sports broadcast to be powered by Smart 5G


Smart Communications, Inc. (Smart) is setting another milestone in mobile technology and innovations as it brings the country’s first 5g-powered sports broadcast at the start of the Philippine Basketball Association (PBA) All-Filipino Cup this Sunday, October 11, in Clark Freeport in Pampanga. 

 

With its fiber-like speeds on mobile devices, Smart 5G will make it so much simpler and more efficient to capture and broadcast all the hardcourt action. As a result, fans can expect to watch more angles and content on their favorite teams and players. 

 

Smart 5G will also power ball-tracking cameras and even enable heat-sensing cameras to constantly monitor the health and safety of all the members of the 12-team league and the working teams behind the PBA. Media and bloggers covering the games inside the bubble can reach more audience powered by Smart 5G. 

 

“Both technology and basketball are in the DNA of Smart. In this unprecedented PBA league, we are bringing these two together with the country’s first ever 5G-powered sports broadcast, paving the way for new exciting experiences for organizers, players, and fans of the sport,” said PLDT-Smart Chairman Manny V. Pangilinan. 

 

“This reset is huge for Filipino basketball fans all over the country who have been missing the sport since we had that opening and ‘last’ game in March. Our support for PBA is in line with our thrust to bring Filipinos closer to their passions powered by mobile innovations made simple by Smart,” said Al S. Panlilio, PLDT Chief Revenue Officer and Smart President and CEO. 


"Pinagtrabahuhan ng PBA Board ang pagbabalik ng PBA at nagpapasalamat ako sa suporta ng lahat ng PBA teams para mangyari ito. We worked so hard to restart the games via this PBA Bubble para sa mahal naming PBA fans. Isang malaking karangalan din para sa aming lahat na ang liga ay maging fist 5G-powered sports broadcast sa Pilipinas sa tulong ng Smart 5G. Dahil dito, mas mapapabilis ang connectivity at broadcast para sa mga PBA players, fans, at supporters. Mabuhay ang PBA at Smart!,said PBA Commisioner Willie Marcial. 

 

Smart recently became the first mobile services provider in the country to roll out Smart 5G sites in key locations nationwide as it gears up to turn the Philippines into a ‘Smart 5G country.’ 


All Smart Prepaid and Postpaid subscribers can now experience fiber-like speeds on their 5G-certified devices at Smart 5G sites in Makati Central Business District (CBD), Bonifacio Global City CBD, Araneta City, Mall of Asia Bay Area, North Avenue in Quezon City, Taft Avenue in Manila, Ortigas CBD, EDSA, New Clark City in Pampanga. 


Smart 5G sites are also live in strategic locations in the cities of Manila, Quezon City, Makati, Taguig, Pasig, Mandaluyong, Marikina, Parañaque, Valenzuela, Caloocan, Navotas, San Juan, and Pasay and in the provinces of Boracay, Cavite, Cebu, Davao, Iloilo Laguna, and Rizal. 


To know more about Smart 5G, visit5g.smartand follow Smart’s official accounts on Facebook, Twitter, and Instagram. 

Saturday, October 10, 2020

Essilor offers the Multi-pair Promo where you can buy one pair of Essilor lenses and get a second pair at 50% off

Due to the pandemic, millions of people all over the world are working from home, which means longer hours in front of computers. Add to that the frequent use of phones and other devices for entertainment and other purposes. While it is somehow necessary, this may be harmful to your eyes.

 

For starters, staring at a screen reduces a person’s blink rate, which is key to moistening the eyes and keeping it comfortable. Also, overexposure to blue light, which is the light emitted from digital screens, may pose some eye-related health risks. It has been shown that excessive blue light can increase eye strain, cause headaches and blurry vision, interrupt sleep cycles, affect hormones, and potentially do serious damage to long-term eye health. Fortunately, there are different types of lenses that can address different vision problems.

 

Essilor, the world leader in ophthalmic optics, offers a specially designed lens that filters harmful blue light hat comes not only from the sun, but also televisions, computer screens and cell phones. Essilor Crizal lenses can act as a shield and block harmful blue light. More than just helping you relax your vision, Crizal lenses can also provide protection against reflection, scratches, smudges, dust, water, UV and other enemies of clear vision.



Additionally, increased screen time can directly affect a person's visual acuity and range of sight. If you are already in your early 40s, you may also find yourself struggling to see a relatively distant object sharply after staring at your computer screen. Essilor can also help you with this problem with its Varilux® progressive lenses that can give you superior vision and smooth transition at any distance. 

 

With Varilux® lenses, there is no need to switch between glasses because you can simply instantly focus in any situation. It can also suit your active lifestyle and let you enjoy total comfort at any task.

 

As a way to help you maintain a healthy vision, Essilor is offering the Multi-pair Promo where you can buy one pair of Essilor lenses and get a second pair at 50% off until December 31, 2020.

 

This exciting Multi-pair Promo is perfect for making sure you have the right lens for your different daily activities. With this offer, you can buy a pair of Essilor lens that you can use for work, and the second one for your daily activities and hobbies, like working out at home, doing outdoor errands or playing video games. 

 

The Essilor Multi-pair Promo is available at leading optical shops in the country. For more information, visit Essilor’s website at www.essilor.com.ph/multi-pair-lifestyle-solutions

Government needs to spend more amid the pandemic to boost the country's sagging economy

The pandemic compromised the livelihood of our people. Everyone I know lost their job and is struggling financially and emotionally. With that said, some turned into side hustles/ online selling and the numbers are rising, with the hopes that this could help with their income. 


Despite the fact that economic growth and activity have slowed down as a result of the persisting COVID-19 pandemic, government spending should still continue to fast track economic recovery.

 

According to economist and Marikina (2nd District) Rep. Stella Luz Quimbo, government needs to spend even in the midst of a crisis in order to boost confidence levels of the public, especially businesses.


Confidence booster. Marikina 2nd District Rep. Stella Quimbo says government needs to spend more even amid the pandemic to boost the country’s sagging confidence. She joined BDO Chief Investment Officer Frederico “Fritz” Ocampo as a guest in the recent Market Sense webinar. 

"In a bad economic crisis, confidence level is very low—confidence of consumers, confidence of your workers. Everyone's afraid. Fear and anxiety have set in. Even business owners, they don't want to invest. In fact, they'd rather close shop. So this is a situation where government must step in. If the government is not spending enough, then our confidence will be deflated," Rep. Quimbo said as a guest in an episode of Market Sense, a monthly webinar series organized by the BDO Trust Group that combines the latest economic and market developments with seasoned expert advice to help investors take control of their investments and grow their wealth. "We need government to spend because there's a lot of market failures arising from the pandemic," she added.

Rep. Quimbo is one of the principal authors of House Bill No. 6815, or the Accelerated Recovery and Investments Stimulus for the Economy of the Philippines (ARISE Philippines) bill which was already approved by the Lower House. The bill calls for the release of P1.3 trillion in economic stimulus package to jumpstart the economy's recovery from the pandemic in the next four years. It aims to offer various forms of assistance to micro, small and medium enterprises and other sectors adversely affected by COVID-19, and targets to generate around 1.5 million jobs through various infrastructure projects and financial assistance to small businesses from 2020 to 2023. 

 

Projections in 2020 and hopes for recovery in 2021

 

Meanwhile, BDO Trust Group is looking at a gross domestic product (GDP) contraction of 9.6% in the 3rd quarter, and a 6% contraction in the 4th quarter to bring its full year 2020 GDP projection to negative 8.3%.

 

Nonetheless, to echo Rep Quimbo's call for more government spending, BDO Chief Investment Officer Frederico "Fritz" Ocampo said the country is poised for a recovery of 6.6% in 2021, as more government spending enters the economy.

 

“It would allow the economy to recover, and that would be the 2021 story,” he said. “We're facing a recession, which could be the deepest in 35 years. Therefore, the growth drivers were hurt a bit, especially consumer demand, which is 72% of the economy, as well as investments from large local corporates and SMEs. But as the economy slowly opens up once again, you'll see those drivers bouncing back.”

 

He expressed belief that the Philippines can stand out once again in the global stage, anchored on the country’s young population.

 

“The Philippines had 21 consecutive years of economic expansion, surpassed only by Australia. That is a testament to the resiliency and strength of the Philippine economy. While the growth drivers were hurt during the pandemic, the strengths of the Philippine economy remained intact. For instance, our young population is still there,” Ocampo stressed. “In a pandemic, you could see the value of that young population in terms of adaptability to the digital economy, in terms of proficiency in the use of the internet. Later on, these young population, many of them would be creating their own companies and become entrepreneurs. Many jobs were lost during this pandemic. To cope, our young population would be creating their own companies.”

 

Enjoy amazing deals on Infinix Phones this 10.10 Sale



Exciting deals and big discounts await you at the Infinix official Shopee store for its much-awaited 10.10 sale. Happening from October 9 to 10, you can take home your select devices at lower prices – including the Infinix Hot 9, which you can get at half the through the Shopee Price Chop promo.

 

Shoppers can slash 7% off its original price for the following Infinix devices:

 

Device

Exclusive 10.10 Sale Price

Infinix Note 7 6+128G

PhP 7,499

Infinix Hot9 play 4+64G

PhP 4,999

Infinix Hot 9 4+64G

PhP 5,499

Infinix Hot9 4+128G

PhP 5,999

 

Apart from these ‘Add-to-Cart’ worthy devices, Infinix is also bringing its latest addition to its S Series, the S5 Pro which offer users a complete experience with its 48MP AI triple camera, 6.53 FHD+ full view display, and large memory of 6GB RAM + 128 GB ROM based on the latest Android™ 10 system. The Infinix S5 Pro will be priced at PhP 6,950 – from its original price of PhP 7,490, during its 10.10 Sale.

 

An exclusive deal also awaits shoppers with the Shopee Price Chop promo, wherein you can own an Infinx Hot 9 device for only PhP 3,245 – a 50% drop from its original price of PhP 6,490.

 

Don’t miss out on these exclusive deals and take home your Infinix device from October 9 – 10!

 

To avail and know more about these deals, simply visit the official Infinix Shopee Store at:https://shopee.ph/shop/292089111

 

See Stunning Shots by Top Photographers Using the HONOR Magic7 Pro

HONOR Philippines proudly unveils the HONOR Magic7 Pro, a groundbreaking flagship smartphone engineered to redefine mobile photography. Desi...