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TECHNOLOGY

Converge kicks off data privacy advocacy program for students

3:30 p.m. December 12, 2024

AMID the increasing social media activity of young Filipinos, leading fiber broadband and technology provider Converge ICT Solutions Inc. has launched an advocacy campaign that advances digital literacy and privacy awareness among school children.

Through its Corporate Governance and Data Privacy (CGDP) Group, Converge introduced its Project PIGLET (Privacy Integration through Guided Learning of Emerging Technologies), which intends to educate learners on the importance of protecting their personal information online. 

To kickstart the initiative, Converge tied up with its neighboring primary school Francisco Legaspi Memorial School (FLMS) in Pasig to engage its pupils in Grades 2 to 6 in a child-friendly discussion on digital literacy and responsible online behavior. 

“The goal of this initiative is to raise awareness about the potential risks in the internet since children nowadays are already given access to gadgets and social media. We believe it is essential to start educating kids to be more vigilant from an early age, both at home and in school, to help them avoid falling victim to these threats,” said Converge SVP and Corporate Compliance and Data Protection Officer Atty. Laurice Esteban-Tuason. 

During the launch, Converge hosted a storytelling session for the pupils, along with their parents and teachers. Integrating a child-friendly spin on the topic, the story follows the adventures of the ‘Astro Kids’ in the ‘Internet Universe,’ where they encounter deceptive monsters, feigning friendliness, tricking them to share their personal information like their full name, birthday, address, and contact information.

With the help of Captain Conrad, the Astro Kids successfully defeated the monsters in the story, guiding the participants to be cautious and not to easily trust individuals who seem overly friendly in cyberspace. Additionally, the students were encouraged to inform their parents or teachers about such incidents of potential identity theft, fraudulent schemes, and misinformation.

“The technology is constantly evolving, and our call is for all of us to be aware and vigilant as we navigate all these. We hope that the lesson we impart through this program is a step to a safer online and digital experience for all of us,” added Esteban-Tuason.

Next year, Converge plans to explore other approaches to engage students at other academic levels and visit more schools throughout the country to spread the campaign. 

Converge has been actively striving to help foster safe and secure online spaces for Filipinos. In 2022, Converge collaborated with UK-based child abuse watchdog Internet Watch Foundation (IWF) to combat the distribution of images and videos depicting child sexual abuse.

Additionally, Converge partnered with the Stairway Foundation last year to raise awareness about ways to safeguard kids against online sexual abuse and exploitation.

Moreover, ensuring that its network won’t be used for criminal activities, the company also blocked almost 12 billion entry attempts to illicit and harmful web addresses as of end-2023. 

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NEWS

SCG prioritizes efficiency, sustainable growth in Q3, 9M/2024 report

1:41 p.m. December 11, 2024

SCG (Siam Cement Group) reported a slight revenue increase to 609.9 billion PHP in the first nine months of 2024. 

However, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization, including dividends received from associates) amounted to 38,768 MB, a 10% decrease from the same period last year.

The company projects a three percent revenue increase for 2024 despite global economic turbulence, petrochemical downturn, geopolitical tensions, heightened domestic competition, and currency fluctuations. 

To navigate these challenges, SCG is implementing cost-cutting measures, including a $144 million reduction by 2025 and a $287 million working capital decrease by Q1/2025. 

The company is also streamlining operations, discontinuing unprofitable ventures like SCG Express and OITOLABS India, and exploring potential asset divestments. 

To enhance efficiency, SCG is increasing alternative fuel usage in Thai cement plants and automating tile production. 

While facing headwinds, SCG remains committed to its ASEAN expansion, with Vietnam and Indonesia driving 10% sales growth in the past nine months.

In the long term, green initiatives and Inclusive Green Growth approach present business opportunities and advantages. 

Therefore, SCG is accelerating its investment in the Long Son Petrochemicals ethane project, allocating $700 million to reduce costs and boost global competitiveness. This move aligns with the company’s long-term commitment to green initiatives and Inclusive Green Growth, contributing to lower carbon dioxide emissions. 

Additionally, SCG is driving innovation with its Generation 2 Low Carbon Cement, which has seen an 86% replacement rate, and expanding its SCGC GREEN POLYMER™ brand.

Meanwhile, SCG Chemicals faces ongoing challenges from global economic conditions and industry headwinds. 

The company is investing $700 million to upgrade its LSP plant to utilize cost-effective U.S. ethane and mitigate possible challenges. The LSP plant has temporarily halted operations due to market conditions.

Thammasak Sethaudom, President and CEO of SCG

“For businesses, adapting to climate-related regulations is essential. Beyond our collaboration with the Federation of Thai Industries on the Go Together project to enhance SMEs’ capabilities through eco-friendly innovation and technology, SCG has launched the NET ZERO Accelerator Program (NZAP) for small and medium enterprises, as well as young government executives. This program aims to equip participants with knowledge of public policies, trade mechanisms, and access to low-carbon business financing with the goal of reducing costs, increasing profitability, and fostering a green industry alongside a transition to a low-carbon society,” said Thammasak Sethaudom, President and CEO of SCG. 

SCG Green Polymer™ continues to gain traction, with recent partnerships yielding eco-friendly packaging solutions. 

The company is also advancing 3D printing technology in construction, collaborating with Samsung E&A to develop innovative solutions for the global market.

SCG’s cement and construction businesses are experiencing mixed results. While government infrastructure projects drive growth, the domestic market remains sluggish. The company focuses on sustainable solutions, such as low-carbon concrete and eco-friendly housing products. 

For Distribution and Retail, the company aims to expand its retail footprint in Indonesia, mainly through Mitra10 stores. It also invests in digital platforms like Q-Chang to enhance home services.

SCG Smart Living is innovating in landscape decoration and promoting prefabricated solutions for efficient construction. SCG Decor is reducing costs and expanding its market in Vietnam, while SCG Cleanergy focuses on clean energy solutions and innovative grid technologies.

SCG is actively growing its consumer packaging and medical supplies businesses. The company also prioritizes cost management, operational efficiency, and sustainable practices. SCG’s ASEAN operations, particularly in Vietnam and Indonesia, drive significant growth. The company remains committed to social responsibility, supporting communities through scholarships and disaster relief initiatives.

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UP TO DATE

Cyberzone holiday tech gift guide

1:14 p.m. December 6, 2024

For the tech lover in your life, Cyberzone is a treasure trove of innovative gadgets and accessories.

If you’re looking for the perfect gift for the tech-savvy person in your life, look no further than Cyberzone. This haven for gadget enthusiasts offers a wide range of cutting-edge devices and accessories that are sure to impress. Here are some top techy gift ideas to consider:

1. Smart home gadgets

Transform any home into a smart home with a variety of gadgets available at Cyberzone. From smart speakers like Amazon Echo or Google Home to intelligent thermostats and security systems, these devices can automate tasks, enhance comfort, and improve safety. Here’s a list of smart home devices that would suit anyone’s space.

2. Wearable technology

The Apple Watch Ultra 2 is the perfect companion for a fitness enthusiast to track workouts, monitor heart rate, and stay connected.

Samsung Galaxy Watch Ultra: A fitness tracker will revolutionize your fitness journey by providing real-time data and personalized insights.

For the fitness enthusiast or fashion-forward individual, wearable technology is a great gift option. Choose from a variety of smartwatches, fitness trackers, or even augmented reality glasses that can track health metrics, provide notifications, and enhance experiences. On a budget? Here are 5 budget wearable technology devices available at Cyberzone.

3. Gaming accessories

Powerful mechanical keyboards from Akko will elevate your gaming experience with its responsive keys, customizable lighting, and ergonomic design.

Unleash your gaming potential with Logitech G304 wireless gaming mouse, designed for precision and speed.

Elevate your loved one’s gaming experience with high-quality accessories from Cyberzone. Whether it’s a new gaming headset, a comfortable gaming chair, or a powerful gaming mouse and keyboard, these items can make any gamer’s holiday season extra special. If they’re a mobile gamer, here are some must-have gaming accessories for their mobile gaming life.

4. Portable chargers and power banks

Keep your loved one’s devices powered up on the go with a portable charger or power bank. These handy gadgets are perfect for travelers, commuters, or anyone who spends a lot of time away from a power outlet. By the way, who said power banks have to be boring? Here are 5 aesthetic power banks that would make pretty Christmas gifts.

5. Drones and quadcopters

Take your aerial adventures to new heights with DJI Avata 2—perfect for both hobbyists and videographers alike.

Soar through DJI NEO—a palm-sized mini drone sure to provide endless entertainment.

For the adventurous spirit, a drone or quadcopter can provide hours of fun and excitement. Cyberzone offers a variety of models to suit different skill levels and budgets.

6. Virtual reality (VR) headsets

Let your loved ones dive into a new world with a VR headset. These devices offer a unique gaming experience and can also be used for educational purposes or to explore virtual tours.

7. Tech-inspired gadgets

Beyond the traditional tech gadgets, Cyberzone also offers a variety of unique and innovative items that are sure to impress. From smart kitchen appliances to futuristic gadgets, you’re sure to find something special for the tech lover in your life.

When shopping at Cyberzone, don’t forget to also check out the latest promotions and discounts to get the best deals on these techy gifts. With so many options to choose from, you’re sure to find the perfect gift that will delight any tech enthusiast this holiday season.

Treat yourself for a year well done

Get all of your Christmas shopping done at Cyberzone and on the SM Malls Online app.

Shop your favorite tech and gadgets at the Cyberzone Gadget Craze and win big prizes—hurry, promo ends December 31, 2024!

Treat yourself and get the chance to win big! The Cyberzone Gadget Craze returns with incredible gadgets to wrap the year with a bang! You could win big when you shop until December 31, 2024.

For top brands, big deals, and legit XPs, you #GotITAtCyberzoneStay updated on the newest gadgets and competitive tech deals by visiting Cyberzone at an SM Mall near you or through the SM Malls Online app. For the latest tech news and gaming event information, follow SM Cyberzone on Facebook, Instagram, and TikTok, or visit its website at www.smcyberzone.com.

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