Visa and Valentine's Day: Analyzing Consumer Spend Trends

Visa and Valentine's Day: Analyzing Consumer Spend Trends

Tuesday, February 4, 2025

Visa (NYSE: V), a global leader in digital payments, has released new insights into consumer behavior during February 2024. Visa Consulting & Analytics found that more active cards were used for transactions, indicating a change in how Filipinos are celebrating Valentine's Day.

The data shows an overall increase in transactions for February 2024 compared to February 2023, driven by more active card users. Despite the rise in transactions, the average amount spent per transaction slightly declined. This suggests that inflation and higher commodity prices may have led consumers to be more cautious with their spending this Valentine's month.

Unlike Valentine's Day 2023, which saw a peak in transactions on the day itself, the peak in 2024 occurred on the weekends before and after Valentine's Day. This change points to evolving consumer preferences. The report also highlights changes in spending patterns. Spending on food-related categories decreased, while spending on travel-related categories saw a slight rise. There was a significant increase in spending on local transport services. Spending on gifts, such as books, shoes, sporting goods, and jewelry, saw significant growth. Spending on flowers decreased slightly, indicating a preference for more durable gifts. Spending on health and beauty spas remained steady.

Consumers Are Spending Smarter: Likely to Prioritize Value and Affordability this Valentine’s

Visa’s latest Green Shoots Radar Survey reveals that many Filipinos are adopting a more budget-conscious approach this year. Instead of splurging on luxury items, they are focusing on experiences that create lasting memories. Across the Asia-Pacific region, many consumers are cutting back on non-essential spending, channeling their budgets into special moments with loved ones.

Shifting Towards Sentimentality: The Growing Demand for Personalized and Meaningful Gestures

With excessive spending taking a backseat, personalized and meaningful gestures are becoming more popular. Custom gifts, handmade creations, and intimate dinners are the go-to choices this season, reflecting deeper emotional connections. According to the survey, arts and crafts purchases are on the rise, with more Filipinos shopping in this category compared to last year. These creative purchases, whether it’s a hand-painted card or a DIY gift, show the effort put into expressing love authentically.

Managing Budgets with Rewards and Discounts for Celebrations

How are Filipinos making it all work on a budget? By leveraging rewards and discounts. Visa’s survey shows that many Filipinos are tapping into promotional deals through their credit cards. By taking advantage of cashback, loyalty points, and exclusive discounts, they’re able to treat their special someone to a memorable Valentine’s experience without the financial strain.

"With Visa, couples can unlock added value with every purchase, from thoughtful gifts to special meals, making it easier to celebrate love while staying within their budget. It’s all about offering more ways to make the most of your budget, so you can focus on creating memorable moments with those you love,” said Jeffrey Navarro, Country Manager, Visa Philippines.

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Mang Inasal Shines at the 60th Anvil Awards with Three Major Wins

Mang Inasal Shines at the 60th Anvil Awards with Three Major Wins

Mang Inasal, the Philippines’ Grill Expert, continues to set the bar high in innovative and consumer-focused public relations, earning two Gold and one Silver at the prestigious 60th Anvil Awards. Held at the iconic Fiesta Pavilion of the Manila Hotel, the event recognized the brand’s excellence in impactful marketing and PR campaigns.

A Triumph Against Hundreds of Competitors

Competing against over 586 entries, Mang Inasal emerged as a standout in 2024, bringing home top honors for three of its most engaging campaigns:

• Gold for Pork BBQ Media Launch (PR Programs – Marketing and Brand Communication)

• Gold for #MangInasalKahitSaan Digital and PR Campaign (PR Programs - Best Use of Digital)

• Silver for "Love the Flavors, Love the Philippines" (PR Programs – Arts & Culture/Heritage/Tourism)

“These Anvil awards are more than just recognitions; they’re a testament to our dedication to connecting with our customers in meaningful ways,” said Mang Inasal President Mike V. Castro. “This honor tells us that our efforts, whether in-store or online, truly resonate with our customers. It drives us to keep improving, listen to their needs, and find new ways to serve them better. This is a shared victory with our customers — they inspire everything we do.”

Award-Winning PR Campaigns That Captivated Audiences

1. Pork BBQ Media Launch: A Star-Powered Sensation

Mang Inasal’s Pork BBQ Media Launch clinched Gold for its stellar execution in marketing and brand communication. The mid-2024 event created massive buzz with a high-energy, celebrity-driven launch that positioned the brand’s Pork BBQ as a must-try for Filipino food lovers, especially younger audiences who crave new and exciting flavors.

2. #MangInasalKahitSaan Digital and PR Campaign: Digital Excellence

Winning Gold for Best Use of Digital, this campaign turned an innovative idea into an online sensation. Featuring giant order numbers with QR codes linked to manginasaldelivery.com.ph, it redefined digital engagement. With the help of influencers, media buzz, and organic social media conversations, Mang Inasal amplified excitement around its delivery service, proving that creative digital strategies can drive real-world impact.

3. "Love the Flavors, Love the Philippines": A Culinary Celebration

Securing a Silver in the Arts & Culture/Heritage/Tourism category, this campaign showcased Filipino flavors on a grand scale. In collaboration with the Philippine Department of Tourism, it highlighted the richness of local cuisine, elevating Mang Inasal as not just a brand but a cultural ambassador for the Philippines’ vibrant culinary heritage.

A Legacy of Excellence in Public Relations

Following its stellar performance at the 59th Anvil Awards—where it won four Golds and one Silver—Mang Inasal’s continued success reinforces its commitment to PR excellence and brand innovation.

The Anvil Awards, often dubbed the ‘Oscars of Public Relations’ in the Philippines, are presented annually by the Public Relations Society of the Philippines (PRSP). Each year, the awards recognize outstanding PR campaigns and business communication initiatives from leading brands, agencies, and institutions. With rigorous judging by esteemed local and international experts, winning an Anvil signifies industry leadership and creative excellence.

Stay Updated on Mang Inasal’s Latest Innovations

Want more Mang Inasal exclusives? Visit manginasal.ph for the latest news and  order your favorites at manginasaldelivery.com.ph.

Mang Inasal’s latest Anvil victories prove that beyond serving delicious grilled favorites, the brand is also a leader in consumer engagement, digital innovation, and cultural celebration. Cheers to more milestones ahead!

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Visa Highlights the Role of Payments in Shaping Gen Z's Financial Future

Visa Highlights the Role of Payments in Shaping Gen Z's Financial Future

Sunday, January 26, 2025

Gen Z, now in their 20s and 30s, is beginning to drive changes in work, business, and relationships, according to research from Visa (NYSE: V), a global leader in digital payments. As these young professionals aged 16 to 30 pursue financial independence, they are redefining youth financial management and embracing a dynamic, holistic approach to thrive in a rapidly evolving world.

Visa’s latest Green Shoots Radar survey found that Gen Z respondents surveyed in Asia Pacific tend to save their income, setting aside about 30% of what they earn. Increased awareness of financial goals (47%) drives these young individuals in the region to further build their savings, with about half committed to practicing better financial management (47%). As a generation shaped by diverse experiences and perspectives, this group places significant value on cultivating a stronger mental and emotional approach toward financial management (36%).

“Gen Z is a generation that values flexibility and innovation, leveraging digital tools to navigate an increasingly dynamic financial landscape,” said Jeffrey Navarro, Country Manager for Visa Philippines. “At Visa, we are committed to empowering Gen Z with secure, accessible, and innovative payment solutions that align with their needs and aspirations. Through our advanced technologies and educational initiatives, we aim to support their journey toward financial independence and long-term success.”

Emphasizing Payments in Financial Journeys

For Gen Z, financial success is not about following a single path but finding a strategy that aligns with their individual aspirations and lifestyles. As a generation that values adaptability and independence, they seek flexibility in their financial journey, balancing enjoying the present and securing their future.

To manage the rising costs of living, over half of Gen Z in APAC (57%) reduce spending and cut back on non-essential expenses. Additionally, 36% of this age group in the region value the importance of creating and following a strict budget as part of maintaining financial stability.

While Gen Z prioritizes saving, they also embrace opportunities to indulge in meaningful purchases, with 91% in the region willing to spend on big-ticket items. Topping their list is travel and vacations (53%), followed by electronics, computers, and mobile devices (49%).

Supporting a Digital-First Lifestyle with Visa

As digital natives, Gen Z relies on technology for everything from shopping to banking. Visa’s Green Shoots Radar survey highlights that 60% of Gen Z in APAC already own a credit card, underscoring their adoption of cashless transactions. Payment systems tailored to a digital-first lifestyle, including mobile wallets, contactless options, and integrated financial apps, provide ease and accessibility, enabling financial independence to become a tangible goal.

Visa’s commitment to innovation ensures that Gen Z can transact confidently and securely. By integrating advanced technologies such as tokenization and fraud prevention, Visa provides a seamless and safe payment experience for this tech-savvy generation. Features such as Click to Pay and Tap to Pay by Visa also support Gen Z in fulfilling their financial priorities and pursuing their lifestyle aspirations with ease and seamless accessibility. By combining intuitive security with the convenience of a simple click or tap, Visa ensures that transactions are not only convenient but also secure.

Visa’s Value-Added Services Empowering Businesses

Visa’s Value-Added Services (VAS), such as Acceptance Solutions, Issuing Solutions, Visa Protect, and Advisory Services, empower businesses to innovate, grow, and build trust in a fast-paced digital environment. By leveraging insights from Visa's Advisory Services on Gen Z behavior in the Philippines, businesses can better engage their target audiences, improving customer acquisition, engagement, and retention.

Understanding Gen Z's Impact on Payments and Commerce

As Gen Z continues to navigate an increasingly digital world, their financial habits and preferences will shape the future of payments and commerce. For businesses, understanding this generation's focus on practicality, flexibility, and meaningful choices is essential. Leveraging targeted insights, such as those provided by Visa’s Advisory Services, can help businesses craft experiences that align with Gen Z’s expectations in a digital-first world.

Gen Z’s adaptable, purpose-driven approach balances immediate needs with long-term goals, leveraging technology to manage expenses and drive growth. Their influence shapes a future of progress and innovation. Visa, through its solutions, empowers businesses to navigate these shifts and create meaningful experiences that resonate with this influential generation.

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International Workplace Group Expands to Pampanga, Partners with Mabalacat Prime Land

International Workplace Group Expands to Pampanga, Partners with Mabalacat Prime Land

International Workplace Group (IWG), the world’s largest provider of hybrid working solutions with brands including Regus and Spaces, is pleased to announce the opening of its first Regus centre in Mabalacat, Pampanga, set to launch on January 27, 2025. This expansion is made possible through a strategic collaboration with Mabalacat Prime Land Realty and Development Corporation.

Located at Skytech IT Park, right along McArthur Highway, the new centre will play a pivotal role in IWG’s growing presence across the Philippines. Strategically positioned to serve Pampanga’s dynamic economic landscape, the partnership is forged to meet the needs of businesses and professionals seeking flexible workspace solutions in the region’s thriving hub.

Supporting Regional Growth and Connectivity

Mabalacat City, a vital gateway to Central Luzon, is perfectly positioned as a central hub for businesses aiming to expand regionally. Its strategic location near major terminals, highways, and expressways makes it an ideal destination for companies seeking a strong regional presence. The city's connectivity and access to key provincial areas further enhance its appeal as a prime location for establishing a regional headquarters.

“This partnership reflects our mutual commitment to driving growth and providing businesses with the support they need to succeed in Central Luzon’s dynamic landscape,” said Katarina Sy, Sales and Finance Director of Mabalacat Prime Land Realty and Development Corporation. “Mabalacat is rapidly emerging as a key business destination, and we are excited to contribute to its growth through this collaboration with IWG.”

The Mabalacat Regus centre will offer a variety of workspace options designed to meet the diverse needs of modern businesses:

• Fully equipped private offices
• Collaborative coworking spaces
• State-of-the-art meeting rooms
• Access to IWG’s global network via its app

Expanding IWG’s Reach in the Philippines

IWG’s model and local partnerships position the company as the global provider of the hybrid workspace revolution. This partnership with Mabalacat Prime Land Realty and Development Corporation reinforces IWG’s leadership in delivering flexible work solutions that meet the needs of businesses and individuals alike.

The Mabalacat Regus centre is part of IWG’s strategic expansion in the Philippines. These centres will provide professionals and businesses with state-of-the-art facilities, promoting the benefits of flexible, hybrid work solutions. With a rapidly increasing demand for such spaces, IWG is committed to bringing its world-class workspaces closer to businesses in regional hubs across the country.

“This new centre in Mabalacat underscores our commitment to supporting hybrid working in the Philippines. As the demand for flexible workspaces continues to rise, we are proud to provide businesses with cost-effective, scalable solutions that enable them to operate with enhanced flexibility and efficiency.” Lars Wittig, Senior VP, APAC North, IWG, commented.

Mark Dixon, CEO & Founder of International Workplace Group PLC, commented: “We are establishing a stronger and much-needed footprint in the Philippines with this latest opening. As an important business hub, Mabalacat City, is a fantastic place for us to boost our expansion plans. The need for high-quality flexible workspaces continues to soar as hybrid working becomes the new normal. We are very pleased to work in partnership with Mabalacat Prime Land Realty and Development Corporation to develop the Regus brand under a management agreement that will add a cutting-edge workspace to their building.

“Our opening in Mabalacat comes at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment. Our workplace model is also proven to increase productivity and allows for a business to scale up or down at significantly reduced costs.”

Driving Market Leadership through Partnerships

The flexible workspace market is projected to grow to USD 58.07 billion by 2037, with coworking spaces accounting for 38% of the market share. Businesses adopting hybrid models report significant cost savings, with companies saving an average of USD 11,000 per employee annually.

With over 4,000 locations globally, IWG continues to provide innovative, flexible working environments. The Philippines remains a standout market for IWG. In the Philippines alone, IWG operates 33 centres, including recent launches in Cagayan de Oro, Baguio, and Mandaluyong. Additional openings are planned in Carmona in Cavite, Makati and Lipa in Batangas in early 2025. By embracing flexible working, these businesses achieve greater productivity, operational agility, efficiency, and market proximity, positioning themselves for success in an evolving work landscape.

IWG’s multi-brand strategy caters to businesses and entrepreneurs of all types and sizes. The company provides personal, financial, and strategic value to a wide range of clients—from some of the world’s largest and most innovative companies to up-and-coming startups and individual professionals.

Responding to the shift away from traditional office spaces, IWG signed 465 new locations globally in the first half of 2024 and now serves 83% of Fortune 500 companies. As hybrid working accelerates globally, the potential for growth is extraordinary, with an estimated 1.2 billion white-collar workers and a total addressable market exceeding USD 2 trillion. IWG’s commitment to this expanding market is backed by an annual technology investment of USD 64 million, ensuring seamless operations for its partners and clients.

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FWD Life Insurance wins multiple awards, strengthens position as the insurer of the next generation

FWD Life Insurance wins multiple awards, strengthens position as the insurer of the next generation

Wednesday, January 22, 2025

FWD Life Insurance (FWD Philippines) strengthens its position as an industry leader with multiple prestigious awards, demonstrating its commitment to corporate governance and its customer-first approach by providing first-to-market innovations.

FWD Philippines secured the Top 2 spot in the 2024 Million Dollar Round Table (MDRT), a prestigious recognition from the ‘Premier Association of Financial Professionals.’ FWD Philippines also won two Golden Arrows at the Asean Corporate Governance Scorecard. The company’s Data Protection Officer is also among the Top 5 Data Protection Officer Finalists of the Year at the Privacy Awareness Week (PAW) Awards 2024, organised by the National Privacy Commission (NPC).

Aside from these corporate awards, FWD Philippines also won awards from tech and creativity award shows for its fully customizable and affordable insurance plan designed for the widely underserved gaming community, The One for gamers.

“These awards showcase our unwavering commitment to nation-building as we strengthen our position as the insurer of the next generation,” shared Jumbing De Rosas, President and CEO of FWD Philippines. “Innovation is just one part of the solution to expanding financial inclusion in our country. We will continue to work together with our partners to help more Filipinos build their best future.”

To launch The One for gamers in 2023, FWD Philippines formed an industry-disrupting partnership with the Mobile Legends: Bang Bang Professional League-Philippines (MPL-PH) Season 12. This led to multiple wins from key industry award-giving bodies like the Public Relations Society of the Philippines’ 58th Anvil Awards, 4As Philippines’ Kidlat Awards, Marketing Excellence Awards, and PANAta Awards.

At the recent Digital Marketing Association of the Philippines’ (DMAP) Boomerang Awards, FWD Philippines won the Tech Innovator of the Year – Advertiser. Meanwhile, The One for gamers was proclaimed Tech Innovation of the Year and garnered two category-specific awards — a Silver Boomerang for Gaming and a Bronze Boomerang for Commerce.

FWD Philippines also won Gold for Excellence in AI-Powered Storytelling and Bronze for Excellence in Data-Driven Marketing at the Marketing Excellence Awards for its dynamic content engine, an AI tool that uses Metadata to create up to 4,096 unique ads that adapt in real-time, optimizing engagement across social media and delivering FWD’s innovative offerings.

Most recently, FWD Philippines won four awards at the Mobile Marketing Association (MMA) SMARTIES Awards, including two Gold Smarties awards for Emerging Tech Marketing (Data Insights/Contextual Marketing) and AI Marketing (AI-Driven Creative Excellence), a Silver Smarties award for AI Marketing (AI-Powered Audience Engagement); and the prestigious Best in Show award.

In recent years, the insurance market has gained significant traction among millennials and Gen Zs, who are more digital-savvy and expect technology to be part of their customer journey. However, FWD Philippines believes human interaction remains vital for all age groups, leveraging tech like generative AI to complement, not replace, human touchpoints.

Beyond its success with The One for gamers and its dynamic content engine, FWD Philippines also received Bronze award at the Asia-Pacific Stevie Awards for SparktheDream, a Community Care initiative launched in 2023 with the Junior Achievement of the Philippines (JA Philippines) to enhance young Filipinos’ financial literacy, enabling them to be proactive changemakers.

Read more about how FWD is changing the way people feel about insurance at www.fwd.com.ph.

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Manulife Collaborates with MDRT to Drive Quality Agency Force Growth and Strengthen Customer Focus

Manulife Collaborates with MDRT to Drive Quality Agency Force Growth and Strengthen Customer Focus

Monday, January 20, 2025

Manulife Asia announced recently that it has signed a three-year Exclusive Premier Sponsorship agreement with the Million Dollar Round Table (MDRT), a global, independent association of the world’s leading insurance and financial services professionals from 85 nations and territories and more than 700 companies.

The program, which started earlier this year, is a strategic initiative to drive high quality, sustainable growth for Manulife’s agency force by better providing agents with essential tools and knowledge to advance their skills and careers in the life insurance and financial services industry. Recognized globally as the standard of excellence, MDRT's collaboration with Manulife, which ranked third worldwide in MDRT members in 2023, solidifies Manulife’s leadership in the industry and inspires its professionals to expand their expertise as the insurance sector evolves.

“The signing of Manulife’s Premier sponsorship deal with MDRT represents a tremendous opportunity for our company to grow and advance by further professionalizing our strong agency force. This renewed sponsorship underlines our continuous dedication to developing our team and upholding the outstanding quality of our agency force. Our professional agents are crucial to maintaining trusted relationships with our customers and they make a positive difference in the lives of the communities that we serve across the region,” said Rishi Srivastava, Chief Agency Officer, Manulife Asia.

This three-year MDRT sponsorship program supports career advancement for top agents at all Manulife markets at all stages, from newcomers to future leaders, ensuring that Manulife's customers receive quality advice and comprehensive services from well-trained and motivated professionals. This initiative encompasses a range of tailored development programs, including Academy Train the Trainer year-round support, in-person workshops supporting both agency leaders and MDRTs by MDRT expert speakers, and other valuable learning content and online courses, all aimed at enhancing the skills and knowledge of Manulife's agency force to better serve their customers in the region.

In the Philippines, Manulife has been taking steps to support and equip their agency force with the recent launch of LEAP (League of Extraordinary Advisors Program). LEAP is an initiative aimed at providing financial advisors with learning, coaching and mentorship opportunities to become MDRT members and leaders. The courses cover local and global best practices, top sales ideas, as well as MDRT tools, and include mentoring sessions and performance coaching. Additionally, Manulife Philippines has rolled out an industry-first program, which provides special career progression to financial advisors who achieve Top of the Table (TOT) and Court of the Table (COT) honors.

“Achieving our mission to make decisions easier and lives better for customers means strengthening our agency force by investing in their learning and development. At Manulife Philippines, we are committed to setting up our financial advisors for success, so they can better serve our customers while also empowering them to acquire best practices from fellow advisors and agency leaders, grow their careers, and achieve their life goals and aspirations,” said Sailesh Nalinakshan, Chief Agency Officer, Manulife Philippines.

The MDRT sponsorship is in alignment and complementary to Manulife’s strategy in accelerating Asia growth and enhancing the quality of agency force. To attract and nurture top talent in the financial services industry, Manulife continues to roll out Manulife Pro, a proprietary recognition and activation program for top-tier agents across Asia. Together, the MDRT engagement and the Manulife Pro program will help create a best-in-class professional, customer-centric agency force that supports Manulife’s goal of becoming a leader in the Asian market.

Mr. Srivastava further commented, "As Manulife continues to prioritize customer needs and enhance customer experience by leveraging advanced data and analytics, our dedicated agency force is key to delivering high-quality, holistic solutions to meet their needs in this world. By investing in comprehensive, training for our agents, we empower them to drive our transformation into a leading digital, customer-focused market leader and the best long-term partner for our customers."

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Real-time Meralco payments at 7-Eleven CLiQQ Kiosks, now made possible by Bayad

Real-time Meralco payments at 7-Eleven CLiQQ Kiosks, now made possible by Bayad

Sunday, January 19, 2025

Busy lifestyles have led a lot of Filipinos to rely on doing one-stop-shop errands at convenience stores like 7-Eleven. Apart from buying goods, ready-to-eat cooked meals, and beverages, Meralco bills can also be paid at 7-Eleven CLiQQ Kiosks, available in over 4,100 branches nationwide.

Apart from enabling 24/7 payments at the ease of your own neighborhood, 7-Eleven has partnered with Bayad, accelerating Meralco payments from 24 hours to real-time or instantaneous posting. This will greatly benefit more Filipinos as it allows them to pay on time, and avoid overdue bills or disconnection notices.

Bayad, formerly Bayad Center and the pioneer brand in the outsourced bills payment collection service in the Philippines, is now a full-service fintech subsidiary of Meralco.

Apart from Meralco, Bayad has also activated Red Fiber, Metropolitan Manila Development Authority (MMDA), and National Housing Authority (NHA) in the CLiQQ Kiosk’s biller network.

On top of these, Bayad is also expected to bring in more electric and water utility brands, government fees and contributions, tollway RFID, insurance, loans, tuition fees, and many others.

Ultimately, Bayad’s partnership with 7-Eleven underscores modern convenience and digital innovation, fulfilling its shared mission of making daily lives easier for Filipinos.

Bayad President and CEO Lawrence Ferrer underscored , “Our world moved faster than we could have imagined. We at Bayad had to swiftly up our game in expanding our payment channels as we cater to the demand of providing more accessible and secured bills payment services for our kababayans who are noticeably always on the go and are becoming more and more tech-savvy. Our partnership with 7-Eleven allowed us this opportunity, highlighting our shared vision for financial consumer empowerment and driving economic growth in the country.”

7-Eleven Managing Director for Digital, Jose C. Ang, shared, “As we celebrate our 40th year in the industry, this partnership with Bayad allows us to continue to stay true to 7-Eleven's thrust to continuously innovate modern convenience and enhance customer experience. We are excited to keep serving our communities and uphold our mission of being ‘the neighbor you can count on.”

For fintech and retail institutions like 7-Eleven that are interested in being a part of Bayad’s extensive payment channel network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.

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CCIP welcomes 2025 with new board of trustees

CCIP welcomes 2025 with new board of trustees

Tuesday, January 14, 2025

The Chamber of Cosmetics Industry of the Philippines, Inc. (CCIP) recently held its fourth General Membership Meeting (GMM), dubbed “Cocktail Night” at the Revel at the Palace in Taguig City.

Leading the event were members of CCIP’s Board of Trustees including the current board headed by president Christine Reyes of Amway Philippines who shared her annual report and emphasized CCIP’s mission to accelerate, elevate, and champion the cosmetics industry in the Philippines. She also expressed excitement about continuing to grow the Chamber's legacy with the unwavering support of its member companies.

“In response to the dynamic and ever-changing business and regulatory landscape, CCIP is dedicated to advancing the cosmetics industry by fostering adaptability and delivering swift, strategic solutions to market shifts. By nurturing creativity, we aim to drive sustainable growth and meaningful change, reinforcing our leadership in the industry. Building on the momentum of our 50th anniversary, our next step is clear, to take CCIP to the next level as we break new ground and lead the cosmetics industry to unparalleled excellence in 2025 and beyond"

Joining Christine during the year-end festivities were fellow board members Jacqueline Lim of First Asia Manufacturing, Monina Leslie Ferrer of Snoe Beaute Produits Inc., Denice Sy of Ever Bilena Cosmetics, Inc., Dennies Ladia of Environatural Corporation, Dr. Janina Tan of Jradiance Corporation, and Shirley Cayago of Splash Corporation.

The event, co-hosted by Denice Sy, Dominic Plana, and Tin Guiao, was filled with energy, entertainment, and warm fellowship among members. Guests enjoyed great drinks, lively music, and the excellent company of colleagues from across the industry.

But the night's highlight was the announcement of the election results for CCIP’s new Board of Trustees of 2025. The new trustees will work alongside the current board members.

The Election Committee, led by Gladys Conopio of DKSH Philippines, Inc., Lessie Galindo of Brenntag Ingredients, Inc., and Faye Muñoz of Chemrez Technologies, Inc., announced the newly appointed trustees: Aio Nery of CCT Chemicals Inc., Jellie Marie Villamor of GT Cosmetics in Cebu, Maria Roberta Estacio of Harem Inc., Ramon Claridad of Rainiers Research and Development Institute, John Robinson Uy of Unilever Philippines, Michael Zotomayor of ZLab International Corporation and Kimberly Sablayan of Lifestrong Marketing, Inc.

As the Chamber moves into 2025 with a dynamic and visionary board, CCIP reaffirms its dedication to empowering the local cosmetics industry and fostering collaboration among its diverse and vibrant membership.

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Bossjob Successfully Concludes First-Ever Kasanggayahan HR Summit in Sorsogon

Bossjob Successfully Concludes First-Ever Kasanggayahan HR Summit in Sorsogon

Tuesday, January 7, 2025

Bossjob, the fastest-growing AI-powered mobile chat-first recruitment platform, marked another milestone as it successfully concluded the First-Ever Kasanggayahan HR Summit in Sorsogon Province. The event, held at Villa Isabel Hotel, gathered hundreds of participants, including HR professionals, MSME owners, and local leaders. This collaborative effort was supported by the City Government of Sorsogon, the Provincial Government of Sorsogon, the Sorsogon City BPLO Chief Rodel Ferreras, and the Department of Trade and Industry (DTI) Sorsogon, led by Provincial Director Ma. Lourdes Pancho.

In her speech, Ma. Lourdes Pancho expressed her enthusiasm for Bossjob’s expansion into the region, particularly in the province of Sorsogon. She highlighted the platform’s potential to greatly benefit Micro, Small, and Medium Enterprises (MSMEs) by streamlining their recruitment processes. “We are thrilled with Bossjob’s entry into Sorsogon. It’s a game-changer for our business sector. DTI is committed to supporting Bossjob’s initiatives that empower MSMEs in the province,” she said.

Keynote Speaker Highlights the Role of HR in Business Growth

The summit featured Darwin Rivers, an acclaimed HR professional, founder of Philippine HR Group and guest speaker, who emphasized the critical role HR plays in driving business growth. Rivers discussed the "4 E's" of managing employees effectively:

• Employee Engagement
• Employee Enablement
• Employee Satisfaction
• Employee Experience

He noted that while many organizations focus heavily on employee engagement, they often overlook the equally vital areas of enablement, satisfaction, and overall experience. His insights resonated strongly with the audience, inspiring HR professionals and business owners to adopt a more holistic approach to employee management.

Bossjob’s Role in Empowering MSMEs

The event opened with a warm welcome from Feby Joy Llosala-Luneza, Growth Director of Bossjob, who expressed gratitude for the overwhelming support from local government units and partner organizations. Bossjob’s Sales Manager for Expansion, Michelle Ayo, shared an insightful presentation on how the platform can revolutionize recruitment for MSMEs by offering cost-effective, AI-driven solutions.

“Our mission is to bridge the gap between employers and job seekers in the most efficient way possible. Bossjob is here to support Sorsogon’s businesses as they grow and thrive,” said Llosala-Luneza.

A Milestone for Sorsogon’s HR Community

The Kasanggayahan HR Summit marked a significant step in fostering collaboration among HR professionals, MSMEs, and local government units. It underscored the importance of strategic HR practices and innovative recruitment platforms like Bossjob in advancing the business landscape in the countryside.

With hundreds of participants and overwhelming support from key stakeholders, this event is a testament to Bossjob’s commitment to empowering businesses and job seekers alike. It also aligns with Bossjob’s broader mission to expand its footprint in key provinces, serving as a catalyst for growth and development in the Philippines’ MSME sector.

For more updates on Bossjob’s initiatives and events, visit www.bossjob.ph.

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EastWest Recognized in PDI-Statista Best Employers Awards

EastWest Recognized in PDI-Statista Best Employers Awards

Wednesday, December 18, 2024

EastWest has been named one of the Philippines' Best Employers by the Philippine Daily Inquirer and Statista, a global leader in data analytics and market research. This recognition comes as the Bank celebrates its 30th Anniversary, reaffirming its commitment to fostering an engaging and empowering workplace for its employees.

The nationwide survey evaluated thousands of companies with at least 250 employees, based on key criteria such as trust, satisfaction, and willingness to recommend their workplace. The acknowledgment underscores EastWest’s efforts to prioritize its workforce as a critical driver of its success and underscores its belief that its people are its greatest asset.

Commitment to Enabling Employees and Enhancing Engagement

EastWest’s inclusion in the PDI-Statista Best Employers list highlights its focus on creating a dynamic and inclusive workplace that empowers employees to thrive both personally and professionally. The Bank has rolled out a variety of initiatives designed to foster employee engagement, enablement, and well-being:

• Continuous employee development and career enrichment, providing tools and opportunities for growth.
• Team-building and culture-strengthening programs, promoting collaboration and shared success.
• Recognition and appreciation efforts, ensuring employees feel valued and motivated.
• Hybrid work arrangements and flexible workforce management, supporting work-life integration.
• Comprehensive health and wellness support, focusing on physical, mental, and emotional well-being.
• Improved processes through automation and technology, streamlining work and enhancing productivity.

These initiatives have significantly enhanced employee satisfaction, as reflected in the Bank’s View of the Workforce (V.o.W.) Engagement Survey, which shows a marked improvement in engagement levels. This is further supported by a steady decline in attrition rates and growing participation in various employee programs, with over 80,000 internal social media engagements and a rise in the Bank’s appeal in the talent market.

By continuously refining its People Advantage Gameplan, EastWest remains committed to positioning its employees as its greatest competitive advantage, ensuring they are equipped to contribute meaningfully to the Bank’s goals while achieving their own aspirations.

Further for You, Further with You

The survey's results align seamlessly with EastWest’s “Further for You” philosophy, which transcends customer service to prioritize the well-being, growth, and success of its employees. “This recognition inspires us to accelerate the implementation of our People Advantage Gameplan, firmly positioning our employees as the cornerstone of our competitive edge. Together, as one EastWest Bank, we will advance this agenda further for and with our employees,” shared Atty. Alfie Suarez, EVP and Chief People & Corporate Services Officer.

Building on this significant achievement, EastWest remains consistent in cultivating an inclusive and dynamic workplace that empowers its employees to excel. With this recognition from the Philippine Daily Inquirer and Statista, EastWest is more committed than ever to creating an environment where its workforce can thrive, ensuring they deliver meaningful value to clients, partners, and the Filipino community while achieving their aspirations.

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Restorative Economy effort that Blends Conservation and Community Empowerment: Practice from Indonesia and Philippines

Restorative Economy effort that Blends Conservation and Community Empowerment: Practice from Indonesia and Philippines

Friday, December 13, 2024

Southeast Asia faces escalating economic challenges, including global fragmentation, geopolitical shifts, and the climate crisis. To tackle these issues, the region must adopt new economic models beyond extractive industries, such as the restorative economy, which restores ecosystems to support local economies.

Environmental degradation from extractive practices has severe global impacts, with 87% of wetlands lost since the Industrial Revolution, harming biodiversity, water resources, and flood prevention. Land degradation affects 3.2 billion people and costs the global economy $9.4 trillion annually.

While still emerging, restorative efforts are growing in Southeast Asia, focusing on land use, sustainable tourism, and recycling. A key example of restorative efforts is the Masungi Georeserve in the Philippines, established in the 1990s, this 430-hectare site, once devastated by illegal logging and land clearing, now thrives as a hub of conservation, community empowerment, and sustainable tourism, protecting limestone karsts, forests, and biodiversity.

Youth as The Agent of Restorative Economy

In Siak Regency, Indonesia, a restorative economic activity is also underway in its infancy through Skelas, a creative platform driven by Siak’s youth. The platform has succeeded in creating food innovations that not only benefit environmental sustainability but also have a positive impact on the local economy. One is the innovation of gluten-free premix flour that uses modified cassava flour (mocaf) and rice bran as raw materials.

Skelas has supported Santi Lestari, a 41-year-old mother, who is behind the creation of this gluten-free premix flour. Santi said that the motivation behind making this premix flour was her concern about the difficulty of finding gluten-free food ingredients and the desire to utilize the potential of local food ingredients.

"Initially, my third child was diagnosed by a doctor as having ADHD, so it was recommended to reduce wheat consumption so that the nervous disorder would not continue. Because there weren't many choices, I tried to make my basic ingredients for Kemojo cake because it's my child's favorite food," she said.

Starting from concern for her child's health, Santi began researching and developing her product under Dapur Mempura in 2019 during the pandemic. Then, Santi joined the Siak Sustainable Business Incubation (KUBISA) program from the Siak Sustainable Creative Center (SKELAS) to develop her product for 6 months. The program is aimed to support sustainable business actors in Siak in achieving business prosperity while maintaining environmental sustainability.

The process of making this gluten-free premix flour goes through several stages, starting from designing the recipe, finding the right composition of raw materials, processing the texture, and testing the taste of the resulting product. In this case, Santi and her team work intensively with PT Alam Siak Lestari, which oversees the Siak Innovation Lab, to ensure that the products produced are safe and under applicable standards.

The advantages of this gluten-free premix flour lie not only in its natural raw materials but also in its ease of use. In addition to being easy and fast, this premix flour is very practical so that anyone can use it themselves. Therefore, this product has the potential to be distributed not only in the Siak region but also to the entire Riau region.

From Field to Table

Uniquely, this premix flour is not just a food product. Behind each package is a story about the restorative economy that is being built. By using mocaf flour and rice bran as the main ingredients, this product provides added value for local farmers.

Bran itself is a by-product of rice processing; usually, this bran is only used as animal feed and is not used by farmers further. However, since the development of bolu kemojo, Mrs. Santi has always bought the bran, thus providing additional income for farmers. Apart from providing additional economic benefits, using local bran will have a better impact on nature because of the reduction of waste during the rice processing. For mocaf flour itself, previously Mrs. Santi did buy it from outside parties, but the Siak Innovation Lab program itself has succeeded in encouraging the production of local Mocaf flour.

This certainly helps farmers and surrounding communities increasingly facing challenges from the climate crisis and land degradation, which reduce their ability to get the right results from agricultural cultivation. Ahmad, one of the farmers, said that the increasing land degradation in his area makes it difficult for him to get the harvest according to market needs.

"Sometimes it's difficult, especially during the dry season, because the crops fail to harvest. Land is also limited, while the need to supply is increasing, and we must adjust prices to continue producing and surviving," said Ahmad.

The Potential of Indonesia's Healthy Food Industry to Restore the Surrounding Economy

Innovations in local food ingredients, such as premix flour from Dapur Mempura, encourage other local businesses to add economic value. Santi shared her transformation from a housewife into an MSME manager who employs several kitchens in Siak. This received a positive response from the local government.

"We see the positive impact of various innovations in local food ingredients on the development of the local economy. Innovations such as this natural ingredient premix flour meet nutritional needs but also respect village agricultural land, creating a sustainable ecosystem that synergizes with each other," said Cerli Febri, from Skelas.

Cerli also hopes that this product can be a trigger for the growth of a sustainable economy in Siak, that goes beyond a food ecosystem, creating a conservation effort that has holistic tourist destinations like Masungi Georeserve in the Philippines. So that people can no longer need to depend on extractive economic policy.

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Manulife Philippines Appoints Victor Tanjuakio as New Chief Corporate Solutions and Alternative Distribution Officer

Manulife Philippines Appoints Victor Tanjuakio as New Chief Corporate Solutions and Alternative Distribution Officer

Tuesday, December 10, 2024

The Philippine arm of leading global financial services provider Manulife announces the appointment of Victor Tanjuakio as the Company’s new Chief Corporate Solutions and Alternative Distribution Officer.

Tanjuakio joins Manulife Philippines with over 35 years of experience working with some of the country’s leading insurance organizations. As Chief Corporate Solutions and Alternative Distribution Officer, Tanjuakio will be responsible for driving high-quality sustainable growth for Manulife Philippines’ corporate solutions business.

“Victor has delivered remarkable results for top financial services companies in the Philippines throughout his career, and we’re delighted to bring his expertise to our senior leadership team. He’s a veteran actuary skilled in financial reporting, underwriting, risk management, marketing, sales, and talent development,” said Rahul Hora, President and Chief Executive Officer, Manulife Philippines.

Hora added, “With Victor at the helm of our corporate solutions business, we look forward to providing our group insurance clientele with more innovative financial solutions tailor-fit to their organizations’ and their employees’ unique protection needs.”

Tanjuakio will oversee a team in charge of multi-channel sales, group pricing, group accounts management, group operations, and digital transformation to develop and execute strategies that enhance Manulife Philippines’ customer and distributor experience for stable of corporate clients. Under his leadership, the team will be tasked to further drive business growth through strategic partnerships with other financial institutions as well as traditional and emerging digital players.

For more information about Manulife Philippines, you may visit their website at www.manulife.com.ph

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Eastern Communications Partners with AMS-IX, HGC Global Communications, and STT GDC Philippines to Strengthen PH’s Global Connectivity

Eastern Communications Partners with AMS-IX, HGC Global Communications, and STT GDC Philippines to Strengthen PH’s Global Connectivity

Saturday, December 7, 2024

Eastern Communications is the first Philippine telecom provider to partner with AMS-IX, one of the world’s largest peering hubs, along with global companies HGC and STT GDC Philippines. The partnership aims to provide faster and more secure links to international data networks, empowering Philippine enterprises with improved connectivity and expanded access to global Internet Protocol (IP) traffic.

With a shared vision of enhancing global connectivity for Philippine businesses, telecommunications and ICT company Eastern Communications, Amsterdam Internet Exchange (AMS-IX), HGC Global Communications, and ST Telemedia Global Data Centres Philippines (STT GDC Philippines) held an official launch event and contract signing ceremony on December 2, 2024, at New World Hotel Makati. 

[From L to R:] Eastern Communications Co-Coordinators Jaeson Evangelista and Atty. Aileen Regio, HGC Philippines President Michael De Castro, and AMS-IX International Partnership Director Onno Bos.

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QC Government and SPARK! Philippines Launch “The KITA Initiative” to Empower Women Entrepreneurs

QC Government and SPARK! Philippines Launch “The KITA Initiative” to Empower Women Entrepreneurs

Sunday, December 1, 2024

The Quezon City government, in collaboration with SPARK! (Samahan ng mga Pilipina para sa Reporma at Kaunlaran) Philippines, has launched “The KITA Initiative”, a transformative project designed to empower women entrepreneurs and highlight their vital contributions to the local economy.

The initiative was officially unveiled during a launch event at the Stonehouse Hotel, with notable speakers including Quezon City Mayor Joy Belmonte, SPARK! Philippines Executive Director Maica Teves, and Havas Ortega Executive Creative Director Angie Tijam-Tohid.

Empowering Women Entrepreneurs

Mayor Joy Belmonte emphasized the local government’s unwavering commitment to creating opportunities for women entrepreneurs:

“With the launch of ‘The KITA Initiative,’ we are once again putting our fellow women at the heart of our goal to create a truly prosperous, fair, and just society.”

Belmonte highlighted that the initiative aims to foster a more inclusive environment where women-led microenterprises, such as sari-sari stores, can thrive.

Focus on Sari-Sari Stores

The pilot phase of The KITA Initiative focuses on sari-sari stores in the Kamuning area, which are predominantly managed by women. The project reimagines store signage using the KITA font, a design tool aimed at improving visibility and increasing recognition of these businesses' contributions to the local economy.

SPARK! Philippines Executive Director Maica Teves stressed the importance of solidarity and collaboration to uplift Filipina entrepreneurs:

“We must become advocates for ourselves, our sisters, our daughters, and every Filipina who dreams of a more equitable future. This project puts the spotlight on sari-sari store owners, bringing their businesses into focus.”

Expanding Opportunities for Women Entrepreneurs

Havas Ortega’s Angie Tijam-Tohid echoed this sentiment, outlining the broader vision of the initiative:

“It is only the beginning of ‘The KITA Initiative.’ Our vision is to bring together more collaborators—women entrepreneurs, brands, allies, and advocates. Together, we can provide mentorship, resources, networks, and funding that will empower these women to grow their businesses and realize their full potential.”

Nationwide Expansion

Following its launch in Kamuning, The KITA Initiative is set to expand to other areas in Quezon City and across the Philippines, bringing its transformative impact to more women entrepreneurs.

To learn more about The KITA Initiative, download the KITA font and toolkit for your business at www.thekitainitiative.com.

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JCVA Celebrates 10th Anniversary with Robust 2025 Project Pipeline Amid Positive Philippine Construction Outlook

JCVA Celebrates 10th Anniversary with Robust 2025 Project Pipeline Amid Positive Philippine Construction Outlook

Celebrating its 10th year of operations, JCV & Associates Project Management and Development, Inc. (JCVA) has announced a strong lineup of projects for 2025. CEO Engr. Jason Valderrama shared this milestone during a media roundtable held on November 28, as the Philippine construction industry is poised for sustained growth, with an annual increase of 8.2% projected through 2028 by Business Monitor International’s Infrastructure Report.

A Decade of Excellence in Project Management

Since its founding in 2014, JCVA has built a diverse portfolio encompassing residential developments, logistics and industrial facilities, commercial spaces, and healthcare infrastructure nationwide. Valderrama highlighted the company’s readiness for the coming year, “Our team has laid strong groundwork for 2025, with several major projects secured. We’re excited to deliver innovative, tech-driven solutions to local and multinational clients across various industries.”

Driving Innovation with Digital Construction Technologies

In a traditionally conservative industry, JCVA sets itself apart by embracing advanced digital technologies. The firm leverages Building Information Modeling (BIM) to create precise project models, enabling seamless remote collaboration and proactive issue resolution before construction begins.

Additionally, JCVA utilizes an AI-powered platform that provides real-time, 360-degree documentation of construction sites, enhancing transparency and accountability. For large-scale projects, drones are deployed for comprehensive site monitoring.

To ensure clients have full visibility of progress, JCVA’s proprietary Agile + Vault platform provides real-time updates on schedules, budgets, and construction progress. Through this cloud-based system, clients can access site photos, walkthrough videos, and status reports without needing to visit the site physically.

Championing Sustainability in Construction

Sustainability is a core focus for JCVA, with the firm managing eight projects that meet international green building standards. Among these, JCVA has partnered with a global sports retail giant to exclusively manage its Philippine branches, all of which are EDGE-certified, ensuring energy and water efficiency. Seven of these retail locations have already been completed, with two more in progress.

JCVA’s sustainability expertise extends to large-scale industrial projects, such as a 10-hectare warehouse distribution center in Calamba, Laguna, developed for a global shipping and logistics company. The facility, which achieved LEED Gold Certification, incorporates features like rainwater harvesting systems, energy-efficient lighting, and solar panels, reducing energy use by 55% and eliminating outdoor water consumption.

Key Growth Areas for 2025

Looking ahead, Valderrama identified logistics, healthcare, and tourism as major growth drivers in the Philippine construction industry:

Logistics: The e-commerce boom has spurred demand for state-of-the-art warehousing and distribution facilities.

Healthcare: Addressing the shortage of hospital beds remains a top priority, with JCVA poised to take on more healthcare infrastructure projects.

Tourism: With the resurgence of domestic and international travel, hospitality projects are gaining momentum.

“We’re excited to expand into these sectors and help address critical infrastructure needs in the country,” Valderrama said.

Setting New Standards in Construction

With a decade of expertise and a robust 2025 project pipeline, JCVA continues to redefine standards in Philippine construction management. The company’s integration of technology, sustainability, and client-focused solutions positions it as a leader in the industry.

From managing logistics hubs to spearheading green retail projects, JCVA demonstrates its versatility and commitment to innovation. As the Philippine construction industry grows, JCVA is well-prepared to lead the charge toward a more sustainable and efficient future.

For more information about JCVA’s projects and expertise in construction management, visit their official website or follow them on social media platforms.

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Need a Helping Hand? Sagot ka ni JuanHand!

Need a Helping Hand? Sagot ka ni JuanHand!

Monday, November 25, 2024

Over 6 million families are dealing with the aftermath of the recent typhoon, while rising inflation continues to impact everyday household costs, leaving many Filipino families struggling to make ends meet. In the midst of these challenges, JuanHand reminds Filipinos that if they need a helping hand, Sagot ka ni JuanHand!

With the company's commitment to helping improve financial inclusion in the country, JuanHand’s "Need a helping hand? Sagot ka ni JuanHand!" campaign places family at the heart of its message. More than just a slogan, it’s a message of reassurance—reminding Filipinos that no one should face tough times alone. By offering accessible and convenient financial assistance, JuanHand empowers Filipinos to access immediate relief from the comfort of their own homes. Whether dealing with a monetary setback or managing daily expenses, JuanHand is always ready to offer a helping hand to anyone in need.

“For us, it’s important to recognize the realities Filipinos face today,” says Francisco “Coco” Mauricio, President and Chief Executive Officer of JuanHand. “We understand the struggle: Life is tough, especially when balancing a growing family, mounting bills, and unexpected costs. That is why at JuanHand, our role is clear: to give Filipinos a helping hand when they need it most,” Mauricio added.

To amplify its message of resilience and hope, JuanHand has partnered with actress and entrepreneur Arci Muñoz as its brand ambassador. With her own experience of overcoming financial struggles and building a successful business, Arci is a relatable voice for JuanHand’s mission of empowerment. “I’ve faced my share of challenges, especially with managing finances. But I’ve learned that with the right support and determination, you can turn things around. That’s why I’m proud to work with JuanHand, they’ve already helped so many take control of their financial journey, and I truly believe in their mission to empower others,” says Muñoz.

With JuanHand, the #1 fintech lending app in the Philippines, Filipinos can access loans of up to PHP50,000 and with affordable rates and minimal requirements, making it the ideal solution for those seeking financial assistance. The application process is simple and hassle-free, they just need to download the app, submit one valid ID and a few information, and approval is within five minutes. “We believe that financial support shouldn’t be complicated or out of reach. It should give Filipinos the ability to take control of their financial well-being,” explains Mauricio.

JuanHand is committed to more than just providing financial solutions; it is dedicated to educating and empowering Filipinos to make smarter financial decisions. This commitment is what makes JuanHand a trusted partner, every step of the way. To date, JuanHand has helped more than 2 million Filipinos, with over 20,000 loan disbursements per day.

Watch the campaign video here. Visit JuanHand’s official website, https://www.juanhand.com/ or their official social media pages, Facebook and TikTok, for more information.

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