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OFWs Can Get Fast Internet Now: Streamtech, Vistaland International Unite

Overseas Filipino workers (OFWs) are considered among the country’s modern heroes. They have immensely contributed to the economic stability of our country. Their efforts in other countries have considerably aided in the reduction of poverty. And they have played a key role in enhancing the nation’s thriving financial system.

Remittances from OFWs have been a significant factor in helping boost our economy. Even during the health crisis, OFWs have found means to send home their hard-earned money. This is despite the challenges posed by the COVID pandemic.

This article will underscore the importance of why investing is beneficial for OFWs. Particularly, the succeeding sections will deal on properties that can provide them comfort and convenience. And this includes access to unlimited and reliable fiber internet.

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Who is an OFW?

A person of Filipino descent who lives outside of the Philippines is referred to as an Overseas Filipino. This phrase refers to Filipinos who live overseas permanently or for a brief time for work or study.

Meanwhile, the term Overseas Filipino Worker or OFW is used to refer to Filipino migrant workers, who are citizens of the Philippines but are working in another nation for a brief time.

Republic Act 8042, commonly known as the Migrant Workers and Overseas Filipinos Act of 1995, was passed in the 1990s. Then, the term Overseas Filipino Worker (OFW) was coined to refer to Filipino migrant workers. When the Philippine Overseas Employment Administration (POEA) published the 2002 POEA Rules and Regulations Governing the Recruitment and Employment of Land-based Overseas Workers, the word was formally approved by the Philippine government.

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How many are OFWs?

The number of Overseas Filipino Workers (OFWs) who worked overseas at any point between April and September 2019 was projected to reach 2.2 million, according to the results of the 2019 Survey on Overseas Filipinos of the Philippine Statistics Authority. During the same year, 96.8 percent of all OFWs were Overseas Contract Workers (OCWs), or those having an established work contract.

The remaining 3.2 percent worked in another country without a contract. However, the overall number of overseas Filipino workers deployed in 2020 decreased as a result of the COVID-19 pandemic. From an estimated 2.16 million OFWs in 2019, only around 550,000 employees left the country in 2020, which was a 75 percent drop.

Why OFWs should invest?

Individuals working abroad should have a mindset that “being an OFW” does not last forever. This is especially true if you are a seaman or a worker on a temporary assignment. As OFWs, you need to think of ways to allocate money with a positive benefit or return in the future. This is important especially since you know how tough it is to make money in the Philippines. As a result, you should make it a priority to invest your hard-earned money.

Investing while you are still an OFW will provide you with financial stability. This will allow you to meet your demands and maintain your lifestyle when you return home. If your work overseas is terminated due to unforeseen circumstances, your investment should provide you with a safety net.

why ofws should have property investment - Streamtech Fiber Internet
Photo by Tierra Mallorca on Unsplash

What is the best way to invest in property?

OFWs must be careful to invest their earnings in addition to supporting their families back home. Property investment is an amazing way to grow money. This is beneficial most especially if you’re an overseas Filipino with the means to do so. Investing in real estate is one of the best approaches for OFWs.

For many, this is already a goal as being able to purchase or construct a home is one of the most popular reasons Filipinos choose to live abroad in the first place.

Is property investment good?

If there is anything good that this pandemic has brought in terms of property investment, it’s that many banks and real estate developers have modified their house loan conditions to be competitive in the market and keep up with how COVID-19 has influenced the economy. This is to entice investors to purchase real estate. It meant home financing schemes with longer payment periods and/or cheaper interest rates.

Along with lower interest rates, higher loan amounts have been approved. These allow for the acquisition of larger and more expansive properties. This translates to a more valuable tangible asset for you, as well as increased future appreciation.

Banks and developers who provide in-house financing have added flexible payment alternatives to their home loans to entice more buyers. Cashback incentives and decreased reservation costs have been popular. But these will likely become less common once the pandemic has ended and the economy has stabilized.

Is property investment hard?

While it is sad that the COVID-19 pandemic has caused many people to struggle with their finances, the truth is that it has also caused property owners to raise their pricing in order to both accommodate the changes in purchasers’ budgets and retain their own cash flow.

But some developers also offered lower prices which provided a fantastic opportunity to purchase property in the Philippines for a somewhat higher price than it would have been pre-pandemic. If your finances only enabled you to consider buying a one-bedroom condominium apartment in late 2019 or early 2020, the larger loans and flexible financing available now, together with decreased pricing, may now allow you to buy a unit.

Camella Homes for OFWs property investment - Streamtech Fiber Internet
Camella Homes, a property for OFWs and their Families

Is real estate investing a good idea in the Philippines?

Real estate is a tangible asset. And the land it sits on is mostly non-renewable, which is one of the reasons why it has endured as an investment and a business.

A property value steadily rises, even if you don’t take many big actions to improve it. Stocks and bonds, on the other hand, are quickly influenced by market circumstances. These, by the way, are continuing to fluctuate unpredictably due to the pandemic.

In terms of utility, purchasing a new home during a pandemic offers you an alternate place to reside. In the event that the community in which you currently live proves to be less than optimal during government-mandated closures or quarantines, you’ve got an option.

Reasons why OFWs should invest in real estate

A real estate investment in the Philippines is often profitable. However, that is not the sole reason to invest in real estate. For starters, real estate investment allows you to have your own home. Aside from this, here are the other reasons:

1. Earn steady income.

For OFWs, there can be various unforeseen occurrences that can quickly deplete your resources. And having an investment that pays out sooner rather than later becomes critical.

Real estate can be a good example of this. A place to live is a basic need, pandemic or not, that you can contribute to and profit from by investing in a rental property. You can start earning rental income as soon as a month after purchasing your property by having renters move in right away and you can continue to make money from those who stay for a long time.

2. Real estate is a tangible asset.

Real estate is a tangible asset that you can invest in. Values may rise and fall over time, and there’s no guarantee that they won’t, but actual goods have value. Should you decide to exit the venture, you still have a piece of property to sell.

It takes a little longer to sell a tangible item since you have to work out an agreement with a buyer and go over all of the regulations. Even so, if everything goes according to plan, you’ll end up with your initial real estate investment and possibly a financial gain.

3. The value of real estate usually appreciates.

If you invest in a home for a long time, it is likely to rise in value. Buildings, including residential properties and commercial buildings, and land usually rise in value, making your investment worth more than you paid for it.

You might also make the residential property appreciate by upgrading or improving it. You can enhance the value of a home faster than natural appreciation happens, providing you a higher return on your investment, whether you buy an inexpensive property and fix it up for a higher selling price or renovate a rental property.

4. It is a good savings strategy for retirement.

Real estate is not a liquid asset to invest in. You’re making a long-term investment in it. You accumulate equity in your property over time. You can sell the property and utilize the proceeds to fund your retirement when you reach or near retirement age.

How to invest in real estate in the Philippines?

Property investments, particularly real estate investing, have several benefits. Here are some tips on how you could make a successful real estate investment or become a good real estate investor in the Philippines.

1. Determine who your target market is.

If you want to invest in real estate, you need to first figure out who your target market is. After all, if your investment property isn’t compatible with its surroundings, you’re less likely to make a profit from it.

If you invest in a more luxurious real estate property in an area where the majority of households are low-income, you will not make much money since the local residents in that area lack the purchasing power to take advantage of your property.

This is why, even if they are under the same property developer, you might get condominium units or residential properties for significantly less in some regions than in others. This is due to the fact that real estate developers usually categorize their projects based on the intended demographic for that area. As a result, individuals, including real estate brokers, can take advantage of the market’s purchasing power, particularly for low- and middle-income households.

2. Examine your financial situation.

Real estate investing is unquestionably expensive, especially if you’re looking for properties in high-traffic areas such as Metro Manila and other central business districts.

Furthermore, different real estate properties will have varying price ranges, so you should be sure you can afford your investment before committing.

For example, you should determine whether you have the finances to cover the down payment on the house. In the Philippines, this is normally roughly 10%-20% of the total contract price.

3. Do research on the state of the country’s real estate market.

Whether you’re buying a tiny item or making real estate investments, thorough research is always required. It pays to do your homework on the current situation of the market if you want to optimize the property value. You may also consult real estate investors or a credible real estate agent to get information on buying and selling properties.

4. Note for signs of growth in the area.

When looking for real estate assets to invest in, location is unquestionably important. When choosing specific places for your investment, you must also analyze signals of development.

These can be good indications and predictors of future growth and development, which can significantly boost the value of properties in the area. News of a new mall ongoing establishment, or other enterprises that people will rush to, are instances of these signs.

Luxury House for OFWs by Brittany - Vistaland International - Streamtech Fiber Internet
Luxury House by Brittany, a Vistaland brand

Vistaland International offers great property investments for OFWs

Beyond providing quality housing, Vistaland International Marketing Inc., the international marketing division of Vista Land & Lifescapes, Inc., believes that our OFWs all around the world deserve to own their dream house.

Home is truly where the heart is. Thus, Vistaland International makes every effort to provide homes that are well-planned, strategically located, and secure for a wonderful home living experience. Award-winning developers such as Brittany Corporation, Crown Asia, Camella Homes, Lessandra, Lumina Homes, and Bria Homes provide a broad array of houses and lots for sale in the Philippines.

Vistaland has a wide range of condominiums to choose from, from mid-rise to high-rise. It has the dedication to offer more than simply houses to global Filipinos. And its Vista Residences, Inc., COHO by Vistaland, and Camella Manors brands strive to provide high-quality condominiums for sale in the Philippines.

If you are looking for the best properties that will pay off your hard work as an OFW, contact Vistaland International today.

Streamtech, Vistaland International Unite

Streamtech Fiber Internet for OFWs property investments

If OFWs are concerned about having access to high-speed internet while purchasing a home, they need not be. Streamtech powers several of Vista International’s properties.

In today’s world when almost everything is online, it is an expectation that you must also invest in a fast and dependable internet connection. The good news is that Streamtech provides unlimited internet plans that are also affordable and can come with high-quality items and services. The even amazing news is that Streamtech covers some areas of Vista Land’s projects.

With Streamtech, you can push your boundaries and give your family the high-speed internet they deserve. It also offers cable services through Planet Cable, in addition to unlimited fiber internet.

Subscribe to Streamtech now and enjoy an upgraded Internet experience and enhanced connectivity! Visit its Official FB Page for more details.

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News Technology

What are some useful solutions to a fiber cut?

Photo by Denny Muller on Unsplash

Written by: Aiya Rodjel

Doing some cutting and stripping or splicing a fiber cut is easier said than done. That is why in this article, we will be discussing such solutions to a fiber cut. Indeed, having a fiber internet connection at home is a total game-changer. But what do you do when you accidentally cut your fiber optic cable? While you can call your internet provider and have fiber optic technicians handle the situation for you, you can employ the abovementioned steps to fix the problem yourself.

But first, you must understand fiber optic cables themselves.

The fragility of fiber optic cables

fragility causes fiber cut - streamtech fiber internet
Photo by Kirill Sh on Unsplash

The material of a fiber optic cable is usually glass or plastic core that carries light surrounded by glass cladding. This reflects “escaping” light back into the core, which results in the light being guided along with the fiber. The glass core protects against the movement, thermal expansion/shrinking, and for installation.

The outside part of the fiber has a protection, by the cladding. The cladding also contains a reflective layer that is critical to laser propagation. This protective layer is usually enhanced by additional layers of treated paper, PVC, or metal. These extra layers protect the fiber from mechanical deformation and the possible ingress of water.

The glass component of fiber cables is more durable than the glass in windows. It is also more flexible. Fiber optic cables are designed to withstand crushing forces. However, they are not entirely invincible. In fact, it is more prone to breakage than traditional copper cables.

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While fiber optic cable is stronger than your average glass, it is still, after all, made of glass. It is slightly thicker than a human hair strand, and also more robust. Manufacturers have come up with ways to make them elastic and resilient to bending. When the core is overstretched or bent, it can physically splice into two parts.

On the other hand, it is also possible that the cable is damaged, not broken. In some cases, this means a reduction of signal propagation and cause of reflections. More severe cases can cause badly distorted signals, which result in network failure or internet disconnection.

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Causes of broken fiber optic cable

But before you address the problem, you need to understand the cause. While Fiber is perceived as a ‘perfect’ media, it is quite fragile. Numerous factors can contribute to broken fiber optic cables.

  • Vandalism. Unfortunately, there are instances wherein mischievous individuals cut fiber cables on purpose. Whatever their motive for doing so is, their actions can cause a number of households to experience internet and landline interruption.
  • Accident. Not all fiber optic cable cuts are intentional. There are cases wherein people who were digging in a field accidentally cut optic fiber cables. This is one of the most common causes of broken fiber optic cables. Nevertheless, the damage can dampen the productivity of homes and offices for a while.
  • Force of nature. There are some things that are out of one’s control. Earthquakes, fire breakouts, and other natural disasters have the potential to cut or even entirely destroy fiber optic cables. Sometimes, animals that don’t know any better can nibble on fiber cables, causing internet interruption for a lot of users.
causes of fiber cut - streamtech fiber internet
Lars Kienle on Unsplash

The effects of fiber optic cable breakage

The breakage of fiber optic cables doesn’t necessarily mean that your internet connection is entirely cut. In fact, the fallout can be relatively minor.

A cut that occurs in the middle of the night on a redundant line can be easy enough to deal with. In cases like this, service providers can sometimes reroute traffic in the interim.

However, this can cause users bigger problems. Internet connection has become the backbone of society. A lot of businesses rely on their internet connection for productivity and connectivity.

Most companies use business solutions that require being connected to the web. A lot of students rely on the internet to continue their studies, especially amid the pandemic.

Therefore, network outages can really damage their productivity levels. It can typically affect their performance in school or work and possibly affect their relationships with colleagues and clients. That’s why disconnection from fiber internet is a matter that is treated with utmost importance.

The effects don’t just end with consumers. Emergency services such as hospitals and police departments need an internet connection to attend to take calls and continue their services. In the end, failure to network outages can affect the reputation of the service provider. This domino effect leads to a lot of major issues.

Fixing a broken fiber optic cable

The first method requires a mechanical splice where you align the two pieces of the joint and use an optical gel to assist in the light transfer. The second method involves fusing the two pieces together using heat.

The basic equipment you need is a fiber optic stripper, fiber optic cutter (or high-precision fiber cleaver), and a fiber optic crimper. In addition to these, you would also need a metal terminal for each cut end and an inline connector.

On the flip side, you don’t always have to resort to professional help in order to fix your cut fiber optic cable. You just need to have the right tools. There are two methods to fixing broken fiber optic cables.

You can find these pieces of equipment involved in the process in hardware stores and even online. With that said, special tools are an absolute must in fixing a fibre optic cable. You might end up damaging the cable even further by using the wrong tools.

Aside from these special tools, you need to have lint-free wipes and alcohol. You can find these in pharmacies, grocery stores, and even pharmacies.

It should be noted though that following the mechanical connection of splicing the cables allows more room for error. On the other hand, the cost of doing things is more economical.

Part 1: Cutting and stripping the cable

First, you need to inspect the cable for damages. This is regardless of fiber length. Peel off the protective layers using scissors or a hobby knife. Check out each cut end of the cable and see if there are tears in the outer coating or exposed and frayed optical fibers. By doing this, you determine where you need to cut the ends of the cable before you splice them back together.

Reminder:

If you don’t have very good eyesight, it might be best to use a magnifying glass. This is so you can properly check out each strand of cable. You wouldn’t want to end up attending to the wrong part of the cable.

Next, you trim off any damage from the cut ends of the cable with a fiber optic cutter. In order to do this, you have to place one end of the cable in the jaws of a fiber optic cutter. This is so the cutter will cut the cable just below any damage.

You can also opt to use a high-precision fiber cleaver. Squeeze the handles of the tool until it cuts all the way through the cable and the damaged end falls off. Then, you repeat this step for the other end of the fiber optic cable.

Then, you strip the cut ends to expose enough wire to fit into a metal terminal. Basically, you have to hold one end of the cable up next to a metal terminal to find out how much of the cable coating you need to strip off. Afterward, you have to place the cut end of the cable into the strip head of a fiber optic stripper. Then, you squeeze the handles of the stripper and pull the cable out to remove the outer coating. Like the previous step, you have to repeat this for the other end of the cable.

Make sure you get to clean the stripped fiber with alcohol and lint-free wipes. This is crucial because it helps ensure that your terminal will get a clean wire strip. Plus, you have to make sure that the fiber doesn’t touch anything.

Part 2: Splicing the fiber optic cable back together

First, you have to insert the stripped ends into metal terminals. Basically, you have to slide one cut, stripped end of the fiber optic cable all the way into a metal terminal until it you reach the end of the equipment. Plus, you have to see the end of the cable on the other side of the terminal. Repeat this step for the other cut, stripped end of the cable.

After that, you have to scrimp the metal terminals onto the ends of the cable. You just have to insert one of the metal terminals all the way into a fiber optic crimper. Squeeze the handles of the fiber optic crimper to crimp the terminal onto the cable. Afterward, you have to do this again for the other metal terminal on the other cut end of the cable.

Next, you need to slide the crimped metal terminals into an inline connector. In order to do this, you have to push one of the crimped metal terminals all the way into the hole on one side of an inline connector. Once you hear it click into place, repeat this process for the other end of the cable.

Lastly, you have to snap the inline connector’s cover into place to secure the cable ends together. All you need to do is press the rectangular cover onto the inline connector. Push this all the way until you hear it snap into place. Tug both ends to make sure they will stay in place if they are pulled on.

Fixing fiber optic cable with heat

If you’re planning to follow the second method, you basically have to perform the next steps. The difference is how you splice or fuse the cables together.

First, you have to install the new heat-shrink tubing before cleaving. This step helps the prevention of contamination. You simply have to slide it off to one side until the fiber joins. Next, open the fusing device and align the fibers. Take note, though, that there are different channels for different sizes of wire.

Then, close the tool and activate the electric arc in order to fuse the ends together, creating one fiber optic cable. There are heating tools in the market that checks the new joint for losses and performs a tensile strength test as the unit is being opened. Then, slide the heat-shrinking tubing over the new joint, and shrink it to fit.

Getting professional help

If you’re not confident in your skills in fixing a broken fiber optic cable, the good news is that you don’t have to do it on your own. Unless you’re in charge of taking care of multiple fiber optic cables, it would be impractical to invest in materials such as a fiber optic stripper, a fiber optic cutter, and high precision fiber cleaver.

Before contacting your network provider, it might be a good idea to contact fiber optic technicians. You can easily search on the internet for experts that have the tools and experience in fixing a fiber optic cable. If you anticipate that network outage won’t happen to you a lot, investing in the equipment involved might not be so economical.

Safety of your optical fiber cable with Streamtech

Streamtech Fiber Internet

At the end of the day, it really boils down to the quality of the network service provider you choose. You need an internet service provider that has excellent customer service. You need a partner that makes sure broken fiber optic cable problems are remedied in a timely manner.

We at Streamtech offer dedicated internet access, leased line, and WiFi services to subscribers in franchise areas powered by our own fiber-optic backbone link. This fortifies the infrastructure of our fiber internet connection.

Plus, we offer unlimited internet as affordable plans to help power your home network according to your needs. Through Streamtech, you can access all the resources you need at any time of the day. We even offer Extendifi WiFi extender so your home network can enjoy the same quality of unlimited fiber internet throughout your household. For additional information on our products and services, visit our official Facebook page today.

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Business News

What major industries are Laguna actually known for?

Laguna Provincial Capitol – Photo by je245 on Flickr

Written by: Aiya Rodjel

The province of Laguna made a name for its beautiful lakes and majestic mountains, but the economy of Laguna is on the rise. Aside from being the home of the Pagsanjan Falls and Mount Makiling, hot spring resorts, and the birthplace of Jose Rizal, Laguna province is also a huge economic player in the Philippines.

Due to the congestion in Metro Manila, a lot of businessmen find Laguna province so attractive because of its strategic location and more affordable costs for operation. Connectivity, which is a must nowadays, is also progressive, with various internet service providers available in the locality.

More than shoes

Contrary to what people might think, there’s more to Laguna Philippines than excellent locally made shoes and hot springs. In fact, Laguna province has become one of the hottest business locations in the country.

In this article, we’ll delve into the economic drivers in the province of Laguna. We’ll also focus on why investing in Laguna is a promising endeavor for aspiring entrepreneurs.

Laguna and Laguna Provincial Capitol

Situated southeast of Metro Manila, Laguna is the seventh richest province across the nation. It has 24 municipalities and 6 cities, and its provincial capital is Santa Cruz. Laguna is in Region 4A, which comprises Cavite, Laguna, Batangas, Rizal, and Quezon.

In recent years, these provinces have evolved into becoming the industrial powerhouse of the Philippines. Region 4A is relatively cheaper than Manila but has access to premiere services and power utilities as well.

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People of Laguna

Laguna Philippines is home to over 3 million people and is the center for a lot of development across real estate, manufacturing, and even tourism. Tourists often flock to western and east areas of the province for various reasons.

Students interested in pursuing education in Agriculture often go to the International Rice Research Institute for further learning. History buffs venture out to Calamba to learn more about the history of the Philippines’ national hero, Jose Rizal.

The economy of Laguna

Because Laguna is a few minutes drive away from Metro Manila, a lot of corporations located in the Metro have spilled over into the province. However, there is, somehow, an imbalance in the economic development of Laguna.

The western part of the province serves as a catch basin of the urbanization of the Metro. On the other hand, the eastern part of Laguna remains to be an agricultural area. The sugar industry of Laguna remains formidable.

Businesses in Laguna - Streamtech Fiber Internet
Photo by Adeolu Eletu on Unsplash

The uniqueness of Laguna

A lot has changed across the province of Laguna over the years. A huge number of sugar plantations have been converted into subdivisions, townships, and industrial estates. Interestingly, Santa Rosa has become the Detroit City of the Philippines due to the concentration of vehicular manufacturers in the area.

The town of Los Baños remains the center for agricultural research because it houses the University of the Philippines (UP) and the International Rice Research Institute (IRRI).

Thus, business opportunities in Laguna province range from agriculture and fishing from Laguna lake to manufacturing and industrial players. From budding entrepreneurs to giants in the world of business, there are a lot of amazing opportunities in the Laguna economy.

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Good for the family

Aside from being good for business, there are a lot of commercial establishments and good schools located in Laguna province. This makes moving to Laguna such an attractive prospect for people looking to enjoy some fresh air, while not being too far from Metro Manila.

After all, a visit to the big cities would only take a few minutes or hours. Plus, the promise of growth and development in Laguna means it’s a great investment for families. Also, being accessible to nearby provinces make it an attractive place to connect with the rest of the country.

Businesses in Santa Rosa City Laguna

It’s amazing how in 1946, Santa Rosa City was mainly a rural area. Most people in Santa Rosa Laguna were basically farmers engaged in commercial agriculture. In the 1980s, the South Luzon Expressway (SLEX) was built and this proved favorable for the city.

At least 21 globally competitive companies, mainly those in the manufacturing industry, invested properties in the town. These include iconic companies such as Coca-Cola-Bottling Company Inc. and Monde Nissin.

Santa Rosa’s exponential growth

In 2010, these 21 companies multiplied into 102, mostly situated in the seven PEZA-registered industrial estates. These companies generated over a hundred thousand jobs and almost eight billion dollars to the country’s export earnings.

Santa Rosa Laguna is known as the Detroit City of the Philippines hosts four car manufacturers and two bus assemblers. To this day, Santa Rosa City is the home of the largest bottling plant of Coca-Cola.

Sta Rosa also boasts of the Philippines’ first and only world-class theme park, Enchanted Kingdom. This drives a lot of people to head to Santa Rosa for family fun, and of course, generated a lot of jobs for those living in the area.

Other major industries in Sta Rosa

In addition to these, Santa Rosa City hosts companies that manufacture electronics and semi­conductors, automotive and automotive parts, metal, packaging, food processing. A lot of players from the promising Business Process Outsourcing (BPO) industry also have office spaces in Santa Rosa.

The services sector, mainly from the commercial areas, serves as the biggest employer of the working population of Santa Rosa. With the demand of the BPO industry on the rise, this may change in the years to come. However, services will still be a big contributor.

Businesses in Cabuyao Laguna

Known as “The Enterprise City of the Philippines” the City of Cabuyao is located in the country’s industrialized region. Cabuyao is bordered by Santa Rosa in the North, the Laguna de Bay in the east, and Calamba City in the south.

Cabuyao’s strategic location is the reason why a lot of companies have invested in this town. In fact, huge companies such as Nestle Philippines, Proctor & Gamble Philippines, Wyeth Philippines have established factories in Cabuyao, Laguna Philippines.

Cabuyao’s prestigious history

Cabuyao was previously known as the “Richest Municipality in the Philippines”. This was because of the large number of immigrants who work in the city. It is also the location of one of the most prestigious golf courses in the country, Sta. Elena Golf Course and Country Club. Now, Cabuyao hosts companies from industries, commercial, services, and agriculture.

As Cabuyao has access to Laguna de Bay, there are still a number of fisheries in the area. After all, this well-known lake is the Laguna source for fish. Thus, there is an interesting blend of urban and rural areas in the town.

Businesses in Binan Laguna

Binan City is known mainly for its trading centers. In fact, the city has the largest public market in the province of Laguna. Businessmen from nearby towns often go to the city in order to purchase goods and merchandise intended to be sold elsewhere.

If you’re an online seller looking to score affordable products, buying them in bulk from Binan City would prove to be a smart decision. Binan Laguna is also home to a very popular summer destination, Splash Island, the Philippines’ premiere water recreation theme park.

What makes Binan famous

Binan is known for its Puto Binan, a type of pancake made from rice flour, topped with cheese or butter. That’s why a lot of people intending to visit nearby provinces pass through Binan for this famous delicacy.

The city is also famous for its shoes and hats. If you’re looking for excellent quality slippers, hats, or shoes, you can find a lot of suppliers in Binan. That’s why a lot of fashion companies team up with Binan City manufacturers to optimize their business operations. After all, having local manufacturers drive the value of the product.

Businesses in San Pablo City Laguna

Known as the City of the Seven Lakes, San Pablo is a well-known tourist destination and industrial and educational hub. Its unique location raises its value as a center for good quality fun. One of the oldest cities in the Philippines, San Pablo boasts of an impressive eco-tourism destination.

Because of its attractive land prices, a lot of BPO companies interested in customer satisfaction are seriously looking at developing the city into the ICT hub of Southern Luzon. Apart from this, it remains a flourishing culture hub and revenue puller for tourists. Its location makes it easy for local and international travelers to travel to access its famous resort complexes.

Progress in San Pablo

The most famous of which is Villa Escudero, which has the richness of coconut plantation, and provides serenading Filipino songs and Bayanihan Dances (Folk Dances). Millions of tourists journey to this iconic destination to enjoy the best the country has to offer.

While a lot of car companies have manufacturing or production plants in Sta Rosa, they have showrooms, marketing, and parts/servicing centers in the city. This has provided a lot of job opportunities in the automotive industry.

Plus, a lot of realtor developers have residential projects in progress. This has produced a lot of job opportunities as well. The city of San Pablo may be dominated by tourism players, but its towns show a lot of promise for economic development.

Businesses in San Pedro Laguna

Dubbed as the ‘dormitory town’ of Metro Manila, a lot of Manilenyos and people from Laguna and nearby provinces pass through San Pedro. This is because of the city’s highly efficient road and transport system. San Pedro is at the terminus of numerous city bus routes, which provides a lot of opportunities for those working in public transportation.

Strategic location

Because of its location, a lot of factories, including Alaska Milk Corporation, have operations in this city. This city is mostly urbanized, which means there are a lot of business establishments that provide job opportunities for its residents. A lot of people from nearby cities of Metro Manila even choose to reside in San Pedro because of its accessibility and affordability.

Other opportunities in Laguna Province

Opportunities in Laguna - Streamtech Fiber Internet
Photo by Paul Skorupskas on Unsplash

Aside from these major cities, there are a lot of other attractive destinations in Laguna province. Calamba takes visitors back to the Spanish era as there are a lot of preserved mementos of Jose Rizal. Aside from learning about Rizal, people who go to Calamba can access plenty of beautiful water parks as well.

The various hot springs across Los Baños make it a center for rest and relaxation. In fact, a lot of people hold company outings in Laguna given its location. The provincial capital of Santa Cruz serves as the gateway to other famous destinations in the region, such as Pagsanjan, Lake Caliraya, Liliw, Paete, and Nagcarlan. Liliw is famous as a center for good-quality shoes in the Philippines.

The Laguna Edge

Economy of Laguna Edge - Streamtech Fiber Internet
Photo by John Schnobrich on Unsplash

From budget-friendly housing to great tourist destinations such as Pagsanjan Falls, the Holy Sepulchre, and the iconic Laguna lake, there are a lot of opportunities for growth in the province of Laguna.

You can go to Hot Springs one day, and then have fun at the Enchanted Kingdom the next day. This is why it comes as no surprise that those looking to escape the hecticness of Manila venture to this province for some peace and quiet.

What’s fantastic about Laguna Philippines is its rapid urbanization has granted the province access to a lot of services and utilities. This includes excellent health facilities, international restaurant chains, and of course, great internet connection.

In fact, one of the newest internet providers in the Philippines, Streamtech Fiber Internet, caters to a lot of towns and municipalities in the province of Laguna. We provide residents and offices across Laguna with reliable and fast internet connections at budget-friendly prices.

Streamtech Fiber Internet

Aside from providing clients with unlimited fiber internet, we also empower users with their favorite television channels. This is through our partnership with Planet Cable. Plus, we also offer packages to elevate your home connection.

Our Extendifi WiFi Extender allows people to enjoy the power of Streamtech’s connection no matter where they are. Connect with our team today to experience the power of Streamtech.

Visit the official Facebook Page of Streamtech if you have questions or for more details.

Categories
News Products and Services

Advisory on Planet Cable’s Channel List Update Starting October 2021

Planet Cable, Inc., the cable TV services operator of Streamtech, would like to inform its subscribers and customers that some of its partner-cable TV providers have decided to cease operations of their channels across Southeast Asian markets.

Starting October 1, 2021, there will be new channels aired in lieu of those that will stop airing on the same date. Below is the channel list update per area.

CAVITE, BATANGAS, LAGUNA

WILL STOP AIRING
DisneyFox Sports
Disney Jr.Fox Movies
Fox LifeFox Movies HD
Fox ChannelFox Action Movies HD
Fox Sports 2Fox Family
Fox Life HDFox Sports 3 HD
NEW CHANNELS
StandardDeluxePremium
Reuters LiveEuro News EnglishEuro News English
BBC World ServiceReuters LiveThe World Network
GOTO Luxe TVBBC World ServiceReuters Live
EM TVGOTO Luxe TVBBC World Service
EM TVDAY STAR TV
SMNIGOTO Luxe TV
B4U MoviesEM TV
TRT WorldSMNI
One TV Asia
Eternal Life TV
EGG Channel
B4U Movies
TRT World

ANTIPOLO

WILL STOP AIRING
DisneyFox Sports
Disney Jr.Fox Movies
Fox LifeFox Action Movies
Fox ChannelFox Family
Fox Sports 2Nat Geo People
NEW CHANNELS
Euro News EnglishSMNI
Reuters LiveOne TV Asia
BBC World ServiceEternal Life TV
GOTO Luxe TVFrance 24
EM TVRussia Today News

ILOILO CITY

WILL STOP AIRING
DisneyFox Sports 2
Fox LifeFox Sports
Fox ChannelFox Movies
NEW CHANNELS
Euro News EnglishGOTO Luxe TV
Reuters LiveEM TV
BBC World ServiceFashion TV Asia

NASUGBU (BATANGAS)

WILL STOP AIRING
DisneyFox Sports
Fox LifeFox Movies
Fox ChannelFox Action Movies
Fox Sports 2Fox Family
NEW CHANNELS
Euro News EnglishEM TV
Reuters LiveSMNI
BBC World ServiceArirang
GOTO Luxe TVRussia Today News

ILOCOS NORTE

WILL STOP AIRING
DisneyFox Sports
Disney Jr.Fox Movies
Fox LifeFX Channel
Fox ChannelFox Crime
Fox Sports 2Nat Geo People
NEW CHANNELS
Euro News EnglishOne TV Asia
Reuters LiveEternal Life TV
GOTO Luxe TV France 24
EM TVXin Kong
Fashion TV AsiaVoice of America

NUEVA ECIJA

WILL STOP AIRING
DisneyFox Sports
Disney Jr.Fox Sports 2
Fox MoviesFox Channel
Fox Action MoviesFox Life
NEW CHANNELS
Euro News EnglishEM TV
Reuters LiveB4U Movies
BBC World ServiceXing Kong
GOTO Luxe TVTRT World

GUIMARAS

WILL STOP AIRING
Fox MoviesFox Life
Fox Channel
NEW CHANNELS
GOTO Luxe TVArirang
EM TV

BULACAN

WILL STOP AIRING
DisneyFox Sports 2
Disney Jr.Fox Sports
Fox Channel
NEW CHANNELS
Reuters LiveEM TV
BBC World ServiceFashion TV Asia
GOTO Luxe TV

Streamtech will be issuing notices and updates, should there be any changes to Planet Cable’s line-up of channels in the future.

Always Stay in the Loop!

Stay tuned to Streamtech’s News and Promos pages to stay in the know of our latest offerings, services and products changes, and any other pertinent updates. If you have other questions or concerns, you may also visit our official Facebook page or look from the list below for the local Facebook page of your nearest Streamtech branch:

  • Streamtech Las Pinas
  • Streamtech GMA-Silang-Laguna Areas
  • Streamtech Cavite
  • Streamtech Nasugbu-Lian
  • Streamtech Cuenca-Alitagtag
  • Streamtech Rosario-Ibaan-Lipa
  • Streamtech Talisay
  • Streamtech Rizal
  • Streamtech Ilocos
  • Streamtech Vismin
  • Streamtech Bulacan and Pampanga
  • Streamtech San Jose, Nueva Ecija
  • Streamtech Online Sales.

If you want a more traditional way of reaching out to us, you may call our customer service hotlines: (02) 8808-2323 or 0919-057-8888, or send us an email at [email protected] or [email protected].

But if you opt to transact in a more hassle-free way, you may chat with our Viber SuperBot, SAM. It has readily available answers to most of your questions or will be swift in assisting you regarding a specific concern. With SAM, your support and Assistance Mate, you can connect with us anytime, anywhere.

Updated September 30, 2021.

Categories
Business News

What Is the Economy of Bulacan?

Photo by garm306 on Flickr

Written by: Maine Dela Cruz

Bulacan is a first-class province in Central Luzon. It is a melting pot of past and present, the old and the new, the countryside, and the cityscape. Indeed, the economy of Bulacan is dynamic. This sprawling province boasts a rich history of heroism and development.

In fact, the province consists of three component cities namely Meycauayan, San Jose del Monte, and the provincial capital, Malolos City. Meanwhile, Bulacan municipalities include Angat, Balagtas, Baliuag, Bocaue, Bulacan, Bustos, Calumpit, Doña Remedios, Guiguinto, Hagonoy, Marilao, Norzagaray, Obando, Pandi, Paombong, Plaridel, Pulilan, San Ildefonso, Santa Maria, San Miguel, San Rafael, and Trinidad.

As of 2020, the province has a total population of 3.7 million. It ranks third behind Cebu and Cavite as the most populous with San Jose del Monte as Bulacan’s most populous city, followed by Santa Maria and Don Remedios Trinidad.

Bulacan is also renowned for its high-quality workmanship, which is evident in its booming industries. And as a prominent choice for international and local investments, the province continues to play a key role in the country’s march to growth. Also, the province opened its economy to providers of fast fiber internet connection, like Streamtech. This significantly contributed to the boom of the locality.

Bulacan province has also been a popular resort destination in Luzon. Relatively, Bulacan resorts, located just a few minutes from Metro Manila by vehicle, offer a pleasant reprieve from the stresses of city life.

Economic Activities in Central Luzon Region

Economic activities in Bulacan - Streamtech Fiber Internet
Photo by risingthermals on Flickr

The Central Luzon region contributes significantly to the Philippine economy particularly in the production of the major crops. In 2013, it contributed to 8.98% of the country’s Gross Domestic Product. Agriculture, Hunting, Forestry, and Fishing accounted for 16.97% of the area economy in 2014, down from 5.37 percent in 2013.

Certainly, the agricultural plains of Central Luzon region cover roughly 40% of the region’s total area, making it the country’s biggest plain. Known as the “Rice Bowl of the Philippines” or “Rice Granary of the Philippines”, it is the country’s largest rice producer. And aside from rice, the province’s wide and lush plains are ideal for producing virtually any type of agricultural product. Bataan, Zambales, and Aurora all have extensive coastlines that are rich in marine fishing grounds. Forests cover around 45 percent of the region. The provinces of Zambales and Bulacan are rich in gold, silver, chrome, limestone, marble, clay, sand, and gravel.

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Major Industries in Bulacan

garments - economy of bulacan - streamtech fiber internet
Photo by Rio Lecatompessy on Unsplash

Indeed, Bulacan provides investors a strategic location, abundant natural resources, established infrastructure, a diverse pool of skilled labor for businesses, topped with a business-friendly climate and a supportive provincial government. It’s no wonder why industries flourish in the province. Here are the major industries in Bulacan:

1. Jewelry

The Philippines is the world’s 12th largest gold producer. We have a strong cultural and design heritage, as well as a highly talented workforce. As of this writing, there are roughly 10,000 cottage-type jewelry businesses.

The Meycauayan Jewelry Industry Association (MJIA), which is composed of around 100 businesses, operates the Philippine Jewelry Facility, a one-stop service center for jewelers equipped with training centers, common service facilities, laboratory equipment, and provides assistance for members in coming up with designs.

Apart from gold jewelry, Bulacan also produces other types of jewelry from precious metal, pearls, and precious and semi-precious stones.

2. Furniture

Bulacan is home to more than 200 furniture makers that produce an array of world-class pieces. In fact, they produce basic, classic, and replica furniture from wood, rattan, metal, and a combination of these elements. Their workforce is extremely talented in intricate wood carvings, stone parquetry, and inlaid carabao bone furniture. To further strengthen the industry, a provincial branch of the Chamber of Furniture Industries of the Philippines (CFIP) assists furniture producers in the province.

Bulacan now exports exquisite furniture to Europe, the Middle East, Korea, Taiwan, Mexico, and the US territories.

3. Fireworks Manufacturing

When we talk about fireworks manufacturing, Bulacan is the first place to come to mind. Bocaue, Bulacan is dubbed, “the pyrotechnics capital of the Philippines”. In general, the province houses around 500 businesses in line with pyrotechnic, with the majority located in Bocaue, Sta. Maria, Baliuag, and other surrounding towns of the province. Bulacan manufacturers and dealers expanded fast relative to other provinces due to the significant profits earned. On average, the months of May and December see the largest demand for pyrotechnics due to fiestas, Christmas, and New Year’s Eve celebrations.

Bulacan manufacturers participated in the VIII Macau International Fireworks Display Competition, which included 11 nations and rated the Philippines fourth. It established that pyrotechnics produced in Bulacan meet the standards of worldwide experts. Local consumers choose Bulacan-made pyrotechnics above others due to its high-quality products.

4. Electronics and communications technology

Subscribe to Streamtech Fiber Internet in Bulacan

Due to the development of technical schools and colleges offering degrees in computer and information, and communications technology, Bulacan has a large pool of highly trained professionals, many of whom are employed by multinational corporations in Thailand, Singapore, Japan, and the United States of America.

Domestic markets for information technology and software development abound due to the closeness to Metro Manila’s economic areas.

Bulacan offers industrial estates to developers and investors, as well as superior and inexpensive Internet and broadband telecommunications infrastructure and support services to meet the demands of any investor.

5. Marble

Bulacan is the hub of marble stone production in the Philippines, accounting for around 70% of total stone output. It has 28 processing units and 36 businesses involved in small-scale marble quarrying.

The province takes pride in having a Marble Production and Training Center equipped with contemporary, state-of-the-art polishing equipment and offering employee training programs.

It exports marble and marbleized limestone to the United States of America, Europe, and other Asian nations such as Hong Kong, Taiwan, Indonesia, South Korea, and Malaysia.

6. High-Value Crop

Bulacan produces a diverse range of high-value crops, including fruits, vegetables, root crops, ornamentals, and industrial crops. Some of its major crops include rice, corn, vegetables, and fruits such as mangoes. Regrettably, the majority of its farmers appear to be aware and simply wish to cultivate rice. Each year, despite their declining profits, our farmers continue to cultivate this crop. On the other hand, the few farmers who cultivate do so using old and conventional techniques.

7. Garments

Bulacan’s largest industry is garments, with over 200 registered manufacturers involved in direct export and subcontracting business.

Its primary goods are newborn and children’s clothing, knitted shirts and blouses, trousers, shorts, sporty, and swimwear. Its highly trained labor force excels at embroidery, craftsmanship, and smocking, and it employs competent workers experienced in printing and dyeing, knitting, and finishing.

8. Shoe Manufacturing

Shoe manufacturing is dispersed in different key areas in the country including Bulacan, Metro Manila, Laguna, Antipolo, and Cebu, as well as in regions administered by the Philippine Economic Zone Authority (PEZA), such as Cavite, Bataan, Mactan, and Subic. These regions’ footwear has its own particular features. In Pulilan, Bulacan, some of the large-scale footwear manufacturers include Chooseyourshoes Philippines, Inc. and Everest Integrated Rubber and Plastic Products Corporation.

9. Food Processing

Bulacan province accounts for a remarkable 15% of the Philippines’ total mango production. Similarly, various fruits may be found across the region.

Numerous medium-scale enterprises located across the province process and manufacture food items like fruit purees, industrial fruit juices, ice cream, and ice cream flavorings.

10. Tourism

Bulacan province is endowed with many natural resources that make it a perfect location for ecotourism development. Northeastern Bulacan’s unexplored highlands are home to caverns, subterranean rivers, and other natural treasures that are expected to draw eco-tourists.

Its rich cultural, historical, and gastronomic history, along with the natural warmth and attractiveness of its people, contribute to a tourist-friendly environment.

In Bulacan, heroes, attractive ladies, innovative cooperatives, and small to medium scale enterprises reign supreme, according to local legend. Jewelry, leather crafts, buntal hats, pyrotechnics, bone inlaid furniture, and clothing are also famous for their high-quality workmanship in this region of the world.

11. Sweets and Native Delicacies

Bulacan is a major producer of sweets and delights. Bulakeños make money from these opportunities because they knew that they could simply create them at home.

Sweets such as pastilla de leche, yema, ube, macapapuno/ube balls, minasa, inipit and ensaymada, rice cakes made from cassava and rice, puto, kalamay and suman are popular in the area.

Because of the remarkable ingredients and processes utilized to create a flavor that one will seek out again and again after tasting them, they are well-known. As a result of their distinctive taste, Bulacan sweets have become a popular “pasalubong” among friends and family.

Aside from the aforementioned industries, Bulacan is also home to a multitude of manufacturing plants in the line of cement bag making, plastic, cosmetics, car, motorcycle parts, and other industrial parts.

Top Companies in Bulacan

coca cola - economy of bulacan - Streamtech Fiber Internet
Photo by Vahid Kanani on Unsplash

Bulacan is home to a large number of industrial operations and sites. An increasing amount of industrialization is taking place in the province as a result of its proximity to Metro Manila. Here are some of the top companies in Bulacan:

TaskUs

TaskUs, Inc. is a multinational firm that specializes in business process outsourcing. The Company provides back-office assistance, advising on customer experience, and business process improvement services. From digital customer experience to content security, data and artificial intelligence operations, consulting, and everything in between.

Nestlé

Another one is Nestlé, a global food and beverage production business based in Vevey, Vaud, Switzerland. Since 2014, it has become the world’s largest food company in terms of sales and other measures.

Metacom

Additionally, Metacom is a locally based business process outsourcing (BPO) firm created to provide consultancy services, IT-enabled support, and BPO options that are tailored to each customer’s specific needs.

Zendesk

Zendesk, Inc. is a publicly-traded business based in San Francisco, California. It offers software-as-a-service solutions for customer support, sales, and other forms of customer contact. In 2007, the firm was formed in Copenhagen, Denmark.

Manila Electric Company

Addedly, the Manila Electric Company (Meralco) is the country’s largest utility, serving 4.6 million consumers throughout 29 cities (including Metro Manila) and 82 municipalities.

Bulacan, in particular, contributes significantly to the Luzon Grid’s clean energy supply. BulacanSol, a 50-megawatt solar energy project in San Miguel, Bulacan, is a joint venture between Meralco’s renewable energy subsidiary, MGen Renewable Energy, Inc. (MGreen), and PowerSource Energy Holdings Corporation.

Unilab

United Laboratories, Inc., or Unilab, is a private pharmaceutical business based in the Philippines. Unilab is the Philippines’ largest pharmaceutical business by market share. As of 2016, it has a market share of 25.1 percent in the Philippines, surpassing international multinational pharmaceutical corporations.

Vitarich Corporation

Vitarich Corporation is a business in the Animal Food Manufacturing company based in Marilao, Bulacan, Philippines. It employs 320 people across all of its sites and produces sales of $150.90 million. Vitarich Corporation consists of eleven companies.

Agrinurture, Inc.

Agrinurture, Inc. is a Grocery and Related Product Merchant Wholesalers company based in Pulilan, Bulacan, Philippines. It.employs a total of 600 people across all of its sites and generates annual revenue of $86.60 million. Agrinurture, Inc. consists of seventeen firms.

Coca-Cola FEMSA

Another famous company is Coca-Cola FEMSA, a Mexico City-based global beverage business. Its Bulacan facility is located in Malolos, Bulacan, the Philippines, and is involved in the beverage manufacturing industry. It employs over 9000 people in total across all of its sites in the country.

Crown Asia Chemicals Corporation

Crown Asia Chemicals Corporation is a plastics product manufacturing company based in Guiguinto, Bulacan, Philippines. Further, it employs 200 people in total across all of its sites and produces revenue of $21.95 million. Its corporate line consists of three companies.]

Golden Bloom Orchids of San Rafael

Golden Bloom Orchids was created in 1994 in Maguinao, San Rafael Bulacan. A prominent orchid producer in the Philippines, it is also one of Thailand’s largest importers.

Orchids of all kinds are grown at its San Rafael farm, including Strap Leaf Vanda, Dendrobium, and Velthuisian types such as Velthuis and Mokara. It also propagates Rhynchostylis and Cattleya as well as Oncidium and Spathoglottis.

Streamtech Internet: Ready to Serve the Bulakeños

Streamtech Fiber Internet in Bulacan

One of the newest internet providers or ISPs in the country, Streamtech, allows you to enjoy fast internet service at an affordable price point. Certainly, our Plan 3499 lets you enjoy up to 150Mbps, which means it is one of the most budget-friendly plans in the market.

And aside from fast internet speeds, we at Streamtech offer cable connection through our partnership with Planet Cable. We also enable your household to enjoy the same quality of service. Our Extendifi WiFi extender is basically a wi fi repeater that enables households to enjoy fast unlimited fiber internet. This means your wi-fi signal can extend to the farthest corners of your home through Streamtech.

Subscribe now and upgrade your internet experience!

We are catering to the online needs of Bulakeños. Streamtech is present in key cities and municipalities in Bulacan particularly in Baliuag, Calumpit, Malolos, Norzagaray, Santa Maria, and San Jose Del Monte.

Truly, with the services of Streamtech, households can enjoy video calling, gaming, and other activities on the internet without lagging and worry. Meanwhile, visit our official Facebook page to get to know more about us and our services, and find out why more people are switching to the Streamtech wifi network today.