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Here are five innovative products that have recently been introduced in the market in the Philippines:

1. RaqiQ - It is a locally developed contact tracing app that uses QR codes to track the movement of individuals and prevent the spread of COVID-19.
2. UnionBank's The Ark - It is a fully digital bank branch that utilizes advanced technology such as facial recognition and AI to enhance customer experience.
3. SukiRenew - It is an online platform that allows users to renew their business permits and licenses without the need to physically go to government offices.
4. Vubble Gum - It is a locally-made vegan gum that is biodegradable and eco-friendly.
5. AirX - It is a locally developed air purifier technology that uses nanotechnology to clean the air of harmful pollutants and viruses.
 
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