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LG Announces First-Quarter 2024 Financial Results

LG Electronics Inc. (LG) announced first-quarter 2024 consolidated revenue of USD 16.4 billion and operating profit of $1.001 billion. The company’s home appliance sector demonstrated global leadership, achieving record-breaking revenue and double-digit operating profit margins. The EV components sector, a key driver of future growth, continued its steady expansion. Both the TV and business solutions sectors experienced year-on-year sales growth and returned profits compared to the previous quarter. Despite navigating challenging macroeconomic conditions such as high commodity prices, volatile exchange rates, rising interest rates and delayed demand recovery, LG achieved its highest-ever total revenue for a first quarter. This milestone underscores the effectiveness of implementing sustainable business models like subscription services and leveraging growth opportunities in the promising B2B sector. LG’s emphasis on differentiating features such as AI, energy efficiency and customer-ce

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Towards a Faster Future with WiFi 7: TP-Link to Release Wi-Fi 7 Products in April!

In a time where seamless connectivity has become more ingrained in our daily lives, TP-Link, a global leader in networking products and technologies, recognizes the potential of WiFi 7 in transforming the digital landscape. As such, TP-Link is proud to release the brand’s upcoming range of Wi-Fi products to the Philippine market this year! What is WiFi 7? WiFi 7 is the next generation of wireless technology which promises to deliver significantly faster speeds, lower latency, and improved efficiency compared to previous WiFi standards. WiFi 7 will have high expectations to build upon the advancements and features of WiFi standards which came before it. It will incorporate new technologies to achieve higher throughput and performance. Among these features include its capacity to support even higher data rates than WiFi 6, having reduced latency and faster response times, improved spectrum efficiency for better performance in congested environments or locations, and enhanced multi-use

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Alpas Pinas Celebrates Earth Day, Promotes Benefits of Nuclear Energy for Cleaner PH

In celebration of Earth Day, Alpas Pinas, a non-stock, non-profit organization leading the advocacy for nuclear energy as a clean energy source, together with the Philippine Nuclear Research Institute (PNRI) celebrated Earth Day under the theme 'Every Day is Earth Day with Clean and Green Nuclear Energy.' The celebration took place at the PNRI Compound, located along Commonwealth Avenue in Diliman, Quezon City. Focusing on the cleanliness, affordability, and reliability of nuclear energy, the Earth Day event highlighted how integrating this energy solution into the country’s energy mix ensures a stable and reliable power supply while also fostering a cleaner and greener environment for the Philippines. Alpas Pinas Convenor Gayle Certeza emphasized the environmental harm caused by the country’s current energy source, fossil fuels, and highlighted Nuclear Energy as a clean energy technology due to its lack of greenhouse gas emissions. "As we celebrate Earth Day, let this serve as

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Epson Philippines Sponsors Metro Manila Elementary Schools with Innovative Technology to Enhance Learning

Global technology leader Epson has signed a Memorandum of Agreement (MOA) with the Department of Education (DepEd), represented by Oranbo Elementary School and Demetrio Tuazon Elementary School, under the Adopt-A-School Program. The public-private partnership aims to address the gaps in education by providing support through necessary resources, equipment and learning materials to public schools. With the rapid development of technology, it is essential to incorporate it into the classroom to provide students with the best possible learning experience. Epson Philippines recognizes this need and has provided the two schools selected by DepEd with state-of-the-art projectors, printers enabled by Epson’s heat-free technology, and compact scanners. “We believe that technology plays a crucial role in shaping the future of education, and we are committed to providing sustainable and innovative solutions that will help students learn better,” said Masako Kusama, President and Director of Ep

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Filipinos Gain Easier Access to Insurance with SeaInsure and Igloo Partnership

Filipinos can now easily access various personal and family insurance plans from SeaInsure Philippines through Igloo Philippines’ AI-powered app, Ignite by Igloo. The partnership between the two companies brings greater convenience and empowerment to insurance providers and seekers, giving Filipinos wider accessibility to essential insurance plans and supporting financial resilience. The initial products available on the app provide up to ₱300,000 worth of coverage. These include the SeaInsure Junior Accident Shield (0 to 17 years old), which covers medical expenses resulting from accidents; the SeaInsure Ladies Accident Shield (18 to 45 years old), which provides general accident coverage, including beauty procedures and pregnancy complications; SeaInsure Personal Accident Shield (18 to 60 years old) that takes care of medical expenses from unfortunate accidents; and SeaInsure Senior Accident Shield (61 to 70 years old) that protects from accidents like slips and bone fractures. For

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Palawan Extends Payment Choices: TrueMoney Collaboration Facilitates Sukis Cash Deposit Process

The country’s leading pawning and remittance company, Palawan Group of Companies, has partnered with TrueMoney, the premier provider of innovative payments and financial services in Southeast Asia. With PalawanPay, the fastest-growing e-wallet, and a user base of over 17 million subscribers, the Palawan Group of Companies is poised to bolster and enhance its network of over 25,000 authorized branches, agents, and money shop outlets in response to the growing number of app users. This collaboration empowers Palawan sukis to conduct hassle-free cash-in transactions into their PalawanPay e-wallets in any of TrueMoney's 20,000 centers nationwide. Through cashing in, PalawanPay customers can seamlessly access a wide variety of fast, safe, and secure transactions such as money transfers, bill payments, e-load purchases, QRPH code scanning for payments and purchases, pawn renewal, and ProtekTODO microinsurance. This initiative affirms Palawan's brand promise of providing “mura, mabilis at w

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Century Tuna, COMCO Win Back-to-Back Major APAC PR Awards in Singapore For the Saving Our Seas Initiative

Kicking off 2024, Century Tuna, the leading tuna brand in the Philippines, and COMCO Southeast Asia, the flagship PR agency of trailblazing and global award-winning communications group COMCO Mundo League of Enterprises continue to win major awards from international organizations for the Saving Our Seas initiative. CSR and Sustainability Award at the PRCA APAC Awards 2024 Century Tuna and COMCO Southeast Asia continue to be recognized for the Save Our Planet, Save Our Seas - The Century Tuna’s “Saving Our Seas” Initiative as the campaign bags the CSR and Sustainability Award at the PRCA APAC (Public Relations and Communications Association Asia-Pacific) Awards 2024. The PRCA APAC Awards recognizes the best PR and communications campaigns, teams, and individuals in the region. The ceremony is organized by the PRCA, the world’s largest professional PR body composed of more than 35,000 PR professionals from 82 countries worldwide. COMCO Mundo also received finalist citations in the f

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ASICS PH Runners Make History at Tokyo Marathon 2024

The prestigious 2024 Tokyo Marathon came to a close as ASICS Southeast Asia’s PH representatives Arlan Arbois and Marline Capones provided a stunning display in grit, passion, and true athleticism.  Both Arbois and Capones exhibited outstanding performances as Filipino athletes, accepting the challenge that the Tokyo Marathon issued, not only with hard determination, but also considerable style and grace. The calm before the storm Leading up to the Tokyo Marathon, the ASICS SEA representatives participated in a slew of pre-event activities facilitated by ASICS Southeast Asia. Andrei Felix, a supporter of the ASICS PH Runners, joined the activities alongside other influencers from ASICS Southeast Asia. Said activities included a rejuvenating yoga session for Marline Capones, followed by a 5KM shakeout run in Shinjuku Park with Arlan Arbois and Andrei Felix. Joining them were other influencers coming from countries in ASICS SouthEast Asia, including Pon Nawasch from Thailand and Hari

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Behind The Scenes: University Students Spill the Tea on What It’s Like to Work in One of PH’s biggest Tech Companies

The world of online shopping seems like a magical land of deals and fast deliveries, but what's the real deal for the people who make it all happen? If you’ve ever wondered what it’s like to be on the other end of the country’s leading e-commerce platform, buckle up for an inside scoop! Meet some of the students who landed internships at Shopee, the best e-commerce employer for fresh graduates according to Prosple. They share what it’s like to be part of the company’s Apprentice Program, a training space for students to hone their skills in leading end-to-end, high-impact projects under the mentorship of Shopee’s leaders. Nicole, the customer experience rockstar Management Engineering student Nicole aced her internship with Shopee's Operations team after being tasked with a super cool project: revamping Shopee's chatbot service to make it even smarter and more helpful. "Basically, I had to help make the chatbot understand users better," Nicole explains. "So I had to put myself in t

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Enstack Launches "HERstory": A Celebration of Women in Leadership

Enstack, the AI-powered mobile app that enables everyone to be entrepreneurs, announced recently the launch of EmpowHER HERstory, a year-long video series designed to spotlight the journeys, challenges, and achievements of female leaders across various industries. EmpowHER HERstory, a new initiative from Enstack’s EmpowHER campaign, gives a closer look at the lives of influential women who balance professional success with personal roles such as that of mothers and primary caregivers. As a female-led company, Enstack consistently highlights female entrepreneurs, emphasizing role models just ahead in their journeys for relatable inspiration. With EmpowHER HERstory, Enstack also wants to celebrate women who have reached the C-suite, built billion-peso businesses, or created an impact on millions of Filipino lives while juggling different personal roles, with an aim to motivate audiences toward even bigger dreams and substantial ambitions. This series brings to the fore influential wom

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