Ayala Now Sept-Oct Issue

4 BPI introduces new equity fund for long-term investors
8 Alagang Ayala: HR Summit aims for greater customer centricity
13 Negros Trade Fair goes full circle
19 Help for Bohol, Cebu
The official publication of the Ayala group of companies
Volume 17, Number 5, September-October 2013
Ayala brings VW
back to Manila
Ayala Automotive Holdings Corporation and Volkswagen marked the anticipated
return of the iconic automobile brand to the Philippines on September 27.
The momentous occasion began with the brand launch of Volkswagen at Ayala
Corporation’s headquarters at Tower One and Exchange Plaza in Makati.
Ayala President and COO Fernando Zobel de Ayala and Volkswagen President for
Commercial Operations in Greater China/ASEAN Weiming Soh opened the program,
with Soh driving a classic Beetle to signify the enduring affinity for the people’s car,
and FZA driving the 21st century Beetle Cabriolet to signal the fresh and vibrant
beginning for Volkswagen in the Philippines.
“We cannot think of a better time to bring Volkswagen back to the Philippines,” said
FZA. “The economy is on an upswing, there is exciting growth in the automotive
industry and there is a very positive outlook for the country.”
Turn to page 10
At 25, Ayala Land sees
“Generations Ahead”
The senior leadership of Ayala and Volkswagen led by Weiming Soh, FZA, Ulrich Thein, JP Orbeta,
and Armin Keller, launch the brand’s return to the Philippines
Globe launches South-East Asia
Japan Cable interconnection
The interconnection ceremony is completed by President Aquino and JAZA with project partners
Ayala Land Inc celebrated its silver anniversary with a concert on September 20 at Tower
One and Exchange Plaza.
Ayala Corporation Chairman Emeritus Jaime Zobel de Ayala, Ayala Land Chairman
Fernando Zobel de Ayala, and President and CEO Antonino T. Aquino made a ceremonial
toast to mark the occasion.
“It is truly fitting that we celebrate our anniversary here in Makati where everything
started,” said FZA. “It is a testament of what a bold vision can produce. In so many
ways, Makati is also a great example of the ongoing commitment that we show in our
developments. Our large-scale communities are constantly evolving to keep up with the
times and to be relevant.”
Turn to page 6
President Benigno S. Aquino III and Globe Chairman Jaime Augusto Zobel de Ayala
led the ceremonial inauguration of the Globe-South-East Asia Japan Cable (SJC)
interconnection on September 27 at The Globe Tower in Bonifacio Global City.
This is Globe’s fifth major investment in submarine cable systems and ushers
in a high point in regional telecommunications. Spanning almost 9,000 km, the
US$400-million submarine cable has one of the highest capacities in the world,
addressing bandwidth-intensive applications such as Internet TV, online games, and
enterprise data exchange. This groundbreaking technological development in East Asia
will enable unmatched telecommunications services by Globe through its link-up
with SJC, providing superior interconnectivity within the Philippines and its Asian
neighbors.
APEC Business Advisory Council
meets with world leaders
in Bali
In a private dialogue with leaders of 21 member economies of the Asia Pacific Economic
Cooperation (APEC), the APEC Business Advisory Council presented its recommendations
on trade, investment, and services liberalization.
The report underscored the importance of creating a Free Trade Area of the Asia-Pacific
and the need for domestic regulatory reforms and adoption of global product data
standards for the supply chain. Other issues raised were on infrastructure investments
and public-private partnerships. The dialogue occurred during the 21st APEC Leaders’
Summit and the council’s fourth quarterly meeting held simultaneously on the first week of
October in Bali, Indonesia.
ABAC Philippine representatives present the report to President Aquino in Malacañang
ABAC held its first meeting in 2013 in Manila, hosted by the Philippines which is
represented by JAZA, Tony Tan Caktiong, and Doris Magsaysay-Ho. This year, ABAC
completed a roadmap for regional food security and attained a milestone in its goal
towards the integration of financial markets in the region.
Together, APEC member-economies account for 54 percent of global GDP. APEC as a
group is expected by the IMF to grow by 6.3% in 2013 and by 6.6% in 2014.
MC and ALI executives formalize the partnership: Tadashi Nomura, Hiroshi Kojima,
Tony Aquino, Eiichi Tanabe, FZA, Nobuya Ichiki, Robert Lao, Yoshio Amano, Bobby Dy
At the office blessing are: Anna Tatlonghari, ALI Vice President David San Pedro, ALISI President
Thomas Mirasol, Philippine Ambassador to Singapore Minda Calaguian-Cruz, Father Angel
Luciano, Tony Aquino, and ALISI Country Manager Joseph Brimer
Amid growing demand,
Ayala Land
opens Singapore office
Alveo Land and Mitsubishi Corporation
bring innovation to Ortigas
ALI unveiled its sixth offshore office in Singapore in response to the growing demand
among Philippine property investors for ALI’s physical presence in the city.
Rooted in Ayala Land’s heritage of real estate excellence, Alveo Land has forged
a partnership with Japan’s largest trading company Mitsubishi Corporation (MC)
to form Portico Land Corporation and transform more than 3.6 hectares of prime
land in Ortigas Center into a mixed-use lifestyle community. This would be the first
residential project for MC in the Philippines.
Industry leaders team up for joint venture Portico Land
Philippine Ambassador to Singapore Minda Calaguian-Cruz was the guest of
honor in the ribbon-cutting ceremony. In the last five years, Filipinos based
in Singapore have consistently shown a strong interest to invest in property
back home.
“The opening of the Ayala Land International Singapore office is a strong
indication of the company’s commitment to our clients in the city state.
We believe in serving our clients, from the moment they inquire about our
properties, to the time they make their choice and become an Ayala Land
property owner.
MC’s significant interests span several business segments worldwide, including
infrastructure business, industrial finance, energy, metals, machinery, chemicals,
and food, including Mitsubishi Motors.
“Our office in Singapore opens new frontiers in our service and dedication to the
important Southeast Asian market,” said Tony Aquino.
Ayala Land International Sales Inc (ALISI) General Manager Anna Tatlonghari
added, “The Singapore office will be a hub for our clients to learn about ALI’s
upcoming projects and make the right choice in selecting a property in the
Philippines, and will provide assistance through the after-sales service they
deserve.”
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Alveo Land leads with its expertise in the upscale market, complemented by MC’s
mastery in forming globally relevant and sustainably integrated businesses.
The joint venture honors a 40-year strategic partnership between MC and Ayala. A 1989
undertaking pioneered the 387-hectare Laguna Technopark industrial complex in Sta.
Rosa, Laguna.
“Portico Land pursues a shared vision of improving quality of life,” says Alveo Land
President Robert Lao.
With Portico Land, Ortigas gains a new center of gravity, transforming one of the country’s
most highly urbanized zones with a signature innovative vision of living well.
Vol 17 • No 5 • 2013
4th Asia-Pacific Housing Forum
FZA: “CSR alone cannot solve
housing problems”
FZA believes that addressing the housing needs of the poor takes more than just
doing corporate social responsibility (CSR) activities.
“CSR alone cannot solve the housing problems. There are many parts of it where CSR can
help but it cannot solve the bigger problems,” said FZA at the 4th Asia-Pacific Housing
Forum held on October 2 at Dusit Thani Hotel. He was part of the dialogue with thought
leaders on the subject “Beyond handouts: Nurturing shared value and CSR leadership”
together with Kymberly McEigunn Wolff, senior vice president for resource development
of Habitat for Humanity International, Dr. Rodel Lasco, scientific director of the OML
Center, Dr. Sujata Govada, trustee of the Urban Land Institute in Hong Kong, and Askaran
Agarwala, director of Aditya Bria Group of India.
FZA, who is also vice chairman of Habitat’s Board of Directors and chairman of its
Asia-Pacific Council, pointed out the importance working together–the government,
the private sectors, NGOs and the local communities–to find sustainable solutions to
eventually solve problems in housing. “We should also see that housing is at the core of
breaking the poverty cycle. If we cannot give them a roof, they cannot be more excited in
life and become progressive members of the community,” he added.
“Housing issues cannot be taken in isolation from poverty issues,” said Vice
President Jejomar Binay. “Issues on access to clean water, jobs, transportation,
sanitation, sustainable energy, climate change, among other issues, are not just related
FZA, Social Welfare Secretary Dinky Soliman, Vice President Jejomar Binay, Jonathan Reckford,
and Rick Hathaway
to housing. They are very much a part of housing issues. A sheltered community breeds an
empowered community that ultimately becomes the force behind a country’s growth.”
On October 1, prior to the conference proper, FZA participated in a roundtable
discussion with Vice President Binay and select ministers and representatives from
Japan, Cambodia, Thailand, Nepal and Singapore. FZA shared his insights on the role of
the private sector and the civil society in addressing poverty housing.
The Asia-Pacific Housing Forum is a biennial conference organized by Habitat for
Humanity which aims to gather “public, private and people sector stakeholders
engaged in seeking solutions to poverty housing issues.” Since 2007, the forum
has gathered stakeholders from more than 50 countries. This year, more than 700
participated in the forum which had theme “Housing as a foundation for breaking the
poverty cycle.” Keynote speakers were Vice President Binay, Habitat CEO Jonathan
Reckford, and Habitat Vice President for Asia Pacific Rick Hathaway. They were joined
by sector leaders from the Philippines and across the region as plenary and track
speakers.
Carpio (right)
receives the
award in
Nairobi
Globe, Facebook
stimulate mobile
internet use
US-ASEAN Business
Council meets
in Manila
International Water
Association fetes
Manila Water
Globe has partnered with Facebook, the top social
media site in the Philippines, to encourage greater
mobile internet use in the Philippines.
On October 23, close to 20 members of the USASEAN Business Council met at Ayala’s headquarters
for a roundtable discussion on Philippine economy,
growth prospects, consumer and investor sentiment,
and public-private sector partnership.
Manila Water was recognized by the International
Water Association (IWA) for its Poblacion Sewage
Treatment Plant. It recently won the Global Award for
Sanitation and Wastewater–Hardware Category in
the IWA Project Innovation Awards-Development.
The group is comprised of CEOs and top executives
of leading global companies doing business in the
Philippines and in the region.
Group Director for Operations Geodino V. Carpio
received the award in Nairobi, Kenya.
Globe President and CEO Ernest Cu and Senior
Advisor Peter Bithos met with Facebook Founder and
CEO Mark Zuckerberg in Menlo Park, California, to
complete the partnership.
Until January 31, 2014, Globe’s 36 million postpaid,
prepaid, and TM subscribers may access Facebook
for free on their mobile phones. To avail of the service,
subscribers must dial *143# and select FREEFB, go
to m.facebook.com/free on their phone’s web browser,
or open the Facebook mobile app. Accessing links to
websites outside of Facebook will be charged mobile
data fees.
There are 35 to 38 million internet users in the
Philippines, 92% of whom log on to Facebook. Building
on the site’s popularity, Globe aims to promote the use
of mobile devices among Filipinos to access the Web.
The October meeting included senior leadership of
AES, ACE, Federal Express, Fluor, Ford, GE, JHPIEGO,
Microsoft, Motorola, and Mastercard.
JAZA met with his fellow members, together with
Ayala group officers led by CEOs Tony Aquino, Bong
Consing, and Ernest Cu, Ayala Corporate Strategy
Head Paolo Boromeo, and National Competitiveness
Council Private Sector Co-Chair Bill Luz.
The group shared their perspectives on local business
developments.
The Poblacion Sewage Treatment Plant was noted for
integrated and elevated design that provided a
solution to issues of land availability, sewer network
construction, and pollution control. In 2012, the
facility treated a total of 1.99 billion liters of wastewater.
The IWA Project Innovation Awards – Development
recognizes water supply and sanitation projects in
low- and middle-income countries that demonstrate
innovation and sustainability in design and operations.
In 2010, Manila Water received an IWA Regional
Award for Project Innovation under the Small Projects
Category for the Olandes Sewage Treatment Plant.
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Vol 17 • No 5 • 2013
BPI introduces new equity fund
for long-term investors
Beginning October 1, with a minimum initial
investment of only P 10,000, investors may subscribe
to the BPI Philippine High-Dividend Equity Fund, the
newest member of the roster of investment funds
managed by BPI’s Asset Management and Trust
Group (AMTG).
The BPI Philippine High-Dividend Equity Fund is an
equity fund—in particular, a Unit Investment Trust
Fund (UITF)—that aims to achieve total return through
a combination of current income and long-term capital
appreciation. It invests in listed companies that have
high dividend yields or have established a history of
dividend payouts. Equity investors are, thus, given the
The fund’s strategy is defensive in nature, and the
portfolio is less volatile than the Philippine Stock
Exchange Index (PSEi). According to AMTG, this type
of strategy normally appeals to income-oriented
investors especially during periods of low-interest
rates. It also provides another option to those who
want to balance risk with opportunity whether in a
bear or bull market.
The strategy of this equity fund is also most effective
for investors with a five-year investment horizon.
Moreover, being an equity fund, it works best with a
cost-averaging approach and so it is suggested to
enroll in a Regular Subscription Plan or regularly invest
as low as P 1,000 every month or every quarter.
Interested investors may subscribe to the fund at any
of the BPI branches or through BPI Expressonline, or
by emailing bpi_asset_management@bpi.com.ph for
more information.
Globe Platinum
unveils its own
‘unli’ offers
Ayala offers P10B
preferred shares,
ALI lists P6B bonds
Globe Platinum, which offers the most exclusive
and premium privileges, unveils its newest roster of
postpaid plans that provide subscribers unlimited
and worry-free access to their contacts across all
mobile networks.
In September, Ayala’s Board of Directors approved
the re-issuance and offering of up to 20 million of
cumulative, non-voting Preferred Class “B” shares
for an aggregate amount of up to P 10 billion.
With the new All-Net Plans 5000 and 10000,
Platinum subscribers get unlimited calls and texts
to all networks and unlimited mobile Internet,
providing uninterrupted connection with loved ones,
social circles, and business partners, anytime,
anywhere.
In addition, All-Net Plan 5000 subscribers get
P 1,000 worth of monthly consumables for local and
international services which include roaming, NDD,
IDD and ISMS, free one-month trial of Gadget Care,
the country’s first-ever mobile phone protection
program, automatic membership to Platinum Elite,
and a free LTE smartphone of choice. Subscribers can
also choose a free handset.
All-Net Plan 10000 subscribers can enjoy a monthly
consumable of P 5,550 for local and international
services and can also be shared to up to two
extension postpaid lines, free subscription to DUO
and Gadget Care for the entire subscription period,
automatic membership to Platinum Elite, and
choice of a free LTE smartphone or gadget bundle.
4
opportunity to generate attractive returns from share
price appreciation as well as from regular dividends.
Manila Water President and CEO Gerardo Ablaza Jr. (5th
from left) leads the groundbreaking ceremony with (from left)
Estelita Orodio, Abelardo Basilio, Nangka Brgy Captain Randy
Leal, Marikina Vice Mayor Jose Fabian Cadiz, Mayor Del De
Guzman, and Rep. Miro Quimbo
‘Trenchless tech’ to
minimize traffic impact
of sewer project
During the June groundbreaking ceremony for the
P 350-million Marikina North Wastewater Priority
Segment Project, the first phase of the Marikina North
Sewer Network Project, Manila Water Operations
Services Head Estelita Orodio declared in her opening
remarks that the project would use the new micro
tunneling or trenchless methodology.
“This minimizes the need for open-cut excavation,
thus minimizing the traffic impact of the project,” she
said. The collected sewage in Marikina will be treated
at the Marikina North Sewage Treatment Plant located
at Balubad Resettlement Site in Brgy. Nangka.
A Platinum Elite membership entitles subscribers
exclusive access to a dedicated hotline and a
relationship manager, priority handling in Globe
Stores, discounts at partner merchants, access to
domestic and international concierge as well as to
the Miascor Airport Lounge with extension for one
guest, and P 120,000 advance rewarding.
The project is set to benefit more than 400,000
residents of Marikina and San Mateo.
To know more about Globe Platinum, call
(02) 730-1010, or visit www.globe.com.ph/platinum.
The project is expected to be completed by June
2014.
During the ceremony, Marikina 2nd District
Representative Federico Romero Quimbo lauded
Manila Water for its service and initiative to ensure
that the water returning to the rivers is non-polluting.
Vol 17 • No 5 • 2013
According to Treasurer Ramon Opulencia, the
Preferred “B” shares will be offered at P 500 per
share with a fixed quarterly dividend rate based on
a 10-year PDST-R2 benchmark plus spread. The
shares are structured as a perpetual with a call
option on the 10th and 15th year.
The offer period was from November 4 to 8.
Ayala also reminded holders of Preferred “A”
shares, also called ACPA shares, of the company’s
exercise of the call option on November 25, the
fifth year from their listing date. The shares shall
be redeemed at the redemption price equal to the
issue price plus all accrued and unpaid dividends
based on the dividend rate of 8.880% per annum.
Ayala requested for a trading suspension from the
Philippine Stock Exchange starting November 11 until
the re-issuance of the shares.
On October 10, ALI issued P 4 billion bonds due
2023 and P 2 billion bonds due 2033. The latter is
the longest tenor for any domestic corporate issuer
to date.
ALI’s bonds were simultaneously listed at the
Philippine Dealing & Exchange Corporation on
October 7. The bonds carry coupon rates of 4.625%
and 6.00%, respectively.
According to CFO Jaime Ysmael, ALI caps another
banner year as it lists an aggregate P 21 billion. In
July, ALI had the single largest corporate issue for
the 10-year tenor when it listed the initial tranche
of P 15 billion.
5
Vol 17 • No 5 • 2013
ALI reaps top Mabini Awards, Aquino is
Real Estate Personality of the Year
At 25, Ayala Land sees
“Generations Ahead”
From page 1
Guest artists Martin Nievera, Lani Misalucha, Maja Salvador,
and Xian Lim showcased world-class talent and entertainment
to the audience that included Bea Zobel, Lizzie Zobel and
daughter Mariana, and ALI executives.
Adding to the festive atmosphere of the event was a vibrant
display of Christmas lights at the Ayala Triangle Gardens. ALI’s
Management Committee also surprised guests—and perhaps,
themselves—with a special performance.
Treasures, Dreams, Stories
At the Tower One lobby, the exhibit “Ayala Land Generations:
Treasures from Our Journey”, showcased company
As Ayala Land marked its 25th anniversary, nine of its property developments garnered top honors
in the 27th Apolinario Mabini Awards for the Persons with Disability (PWD)–Friendly Establishment
category.
The awards ceremony, organized by the Philippine Foundation for the Rehabilitation of the
Disabled (PFRD), conferred Silver awards to Trinoma, Harbor Point, UP-Ayala Land TechnoHub,
and NUVALI EvoLiving Center. Bronze awards were given to Abreeza Mall, Glorietta 5, Bonifacio
High Street, The District Imus, and One Legaspi Park. These developments were noted for
integrating PWD amenities and facilities in their buildings, such as priority parking, wheelchair ramps,
comfort rooms, and elevators.
JP Morgan Chase & Co was named Employer of the Year.
President Benigno Aquino III led the awarding ceremony held at the Heroes Hall, Malacañan Palace,
together with Apolinario Mabini Awards Committee Chairperson Milagros Drilon, PFRD President
Manuel Agcaoili, and committee members Marides Almendras and Zeny Tañada. Teams from Ayala
Malls and APMC received their respective awards.
FZA, JZA, and Tony Aquino toast to 25 sterling years
Proven track record of leadership
The editors of Property Report Magazine chose Tony Aquino as the 2013 Real Estate Personality of the
Year in its inaugural Philippine Property Awards held at Raffles and Fairmont Makati.
Aquino was noted for his “proven track record of leadership and a clear commitment to providing real
estate services that extend beyond just buildings to improve the quality of life,” said Jules Kay, managing editor.
The magazine noted ALI’s overall impact on the quality of the Philippines’ property market, Aquino’s
personal influence on business development in the Philippines, his ability to innovate and introduce
creative approaches to real estate growth, and commitment to philanthropy.
25 Surprises, 25 Treats
ALI shared “25 Surprises” as a way of thanking loyal
customers and patrons of Ayala malls, hotels, office
buildings, residences, and other property developments.
ALI kicked off its “25 Surprises” campaign by giving away
loot bags and ice cream treats to denizens of the Makati
business district who happened to pass by Ayala Triangle
Gardens. Other surprises included Starbucks treats at
Tower One and Ayala Westgrove Heights, Krispy Kreme
treats at Greenbelt, dog treats at BGC, free parking at
Gabriela Silang Carpark, lunch-on-us at Fairmont Makati,
grocery packs at Market! Market! and The District Cavite,
and pizza for office workers at UP-Ayala Land Techno Hub.
6
The Zobel family open the exhibit of ALI employee treasures
There were boat rides and wakeboarding passes in NUVALI,
ice cream for kids at Harbor Point in Subic and Marquee Mall in
Pampanga, drinks for guests at Seda Abreeza in Davao and Centrio
in Cagayan de Oro, and Timezone passes at Ayala Center Cebu, The
District North Point, and Abreeza. Photos of these surprises were
shared on various social media sites.
Lucky ALI-zens
ALI employees enjoyed special treats prepared especially
for them. Every day leading up to the anniversary, 25 special
surprises were given away to lucky ALI citizens, or “ALI-zens”.
These included a Starbucks treat, Pizza-for-all treat, free parking
for a year, and overnight stays at Seda BGC Hotel, InterContinental
Manila, Raffles, and Fairmont Makati. Right after ALI’s Thanksgiving
Mass on September 16, JAZA and Tony Aquino awarded the grand
prize of a trip to El Nido Resorts for three days and two nights.
Vol 17 • No 5 • 2013
A lucky ALI-zen receives a special treat
memorabilia that employees have kept through the
years.
stories of people whose ideas and visions may be
considered “generations ahead of their time.”
Some of the exhibit items included Larina Lara’s
complete set of Service Award trophies; Rowena
Tomeldan’s Urban Land Institute (ULI) Award, the first
recognition the Philippines received from ULI for the
Shopping Developer Design Excellence category; and
Dave Blas’ first, complete hand-drawn ground floor
plan of the Makati Commercial Center, still the most
complete drawing of the area to date.
The campaign also invited the public to share personal
experiences at any Ayala Land property for a chance
to win a trip to El Nido Resorts.
The exhibit also featured the story of Jaymee Pizarro,
“The Bull Runner” triathlete who encourages others
to take up running and has organized marathons
at NUVALI. Her story was the first in a series of “25
Dreams, 25 Stories”, a multimedia collection of inspiring
Martin Nievera serenades ALI employees
Featured memorabilia include internal newsletters
Seeing generations and lifetimes
The story behind ALI’s 25 years of success in building
integrated, mixed-use, and sustainable communities
in the country was featured in leading broadsheets.
Feature articles based on interviews with FZA and Tony
Aquino revealed how ALI sees generations and lifetimes
in the succeeding years.
In the article “With legacy in mind, Ayala Land builds
more sustainable communities” published in the
Philippine Daily Inquirer, FZA shared how the
trust of stakeholders has been a valuable
legacy passed on to succeeding generations by
company leaders and employees.
Aquino underscored the importance of building
integrated, mixed-use developments across the
country and how it contributes to nation building.
In The Philippine Star, FZA and Aquino described
ALI’s 25 years of passion for building sustainable
communities. They shared the experience of
building the country’s premier business district,
the Makati CBD, and other contributions to
the growth of many urban cities beyond Metro
Manila, including Cebu, Cagayan de Oro, and
Davao.
ALI officers take a photo opportunity with FZA and JZA
Joel Luna, JP Orbeta, Lilit Tumbocon, Dan Abando, and Art Corpuz
Lucky shoppers at The District Cavite get free grocery
Tony Aquiino serves Frappucino at Tower One
Capping the evening’s celebration with a dance
A winning collection
ALIgator gives free boat rides in NUVALI
Spectrum diners enjoy lunch on ALI
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Vol 17 • No 5 • 2013
SYNERGY
Collaborating for greater impact
Alagang Ayala: HR Summit aims
for greater customer centricity
JAZA keynoted the 8th Ayala group HR Summit held
November 5 at InterContinental Manila with the theme “Alagang
Ayala,” highlighting the thrust of the conglomerate towards
customer centricity.
In his address, JAZA spoke of the importance of excellent customer
service and related it to the Filipino values of “malasakit” and
“bayanihan” which emphasize care, concern for others, and a sense
of community.
These values, he said, when incorporated into the way Ayala
companies deal with customers, “not only differentiates us within
the country, but actually differentiates us as a people in the global
sphere.”
Moreover, JAZA observed that customer service is a “core
strength” of Filipinos and he envisions this to be a hallmark trait of
the Ayala group.
JP Orbeta, for his part, described this year’s HR Summit as “meant to
be the richest gathering in terms of content and learning.”
The annual HR Summit brings together top executives, human
resource professionals, and employees of the conglomerate for a
day-long series of educational and informative plenary sessions
aimed at further enhancing synergies within and among Ayala
companies.
This year, close to 300 officers in the Ayala group listened to
top executives from global companies such as Towers Watson,
McKinsey, Accenture, and DDI, who shared insights on a broad
range of topics on customer centricity.
Clockwise from top left: JAZA gives the keynote address; JP Orbeta with Bob Charles of Towers Watson and Joshua Goff
of McKinsey; Ayala group CEOs participate in a panel discussion on customer centricity; ALI delegates celebrate winning
the 2013 JZA Cup
Toka Toka advocacy
gains momentum
Globe fetes top Cebuano
journalists in 2nd CMEA Toka Toka, Manila Water’s advocacy for used water
management, gained more support and partners from
the public and private sectors.
Globe continues to recognize the best Cebuano
media practitioners in the 2nd Cebu Media
Excellence Awards held on September 17 at Cebu
City Marriott Hotel. It recently engaged the Department of Public Works
and Highways to be part of the advocacy. Through the
program, DPWH and Manila Water would work together
on activities and information campaigns, including the
One Day One Bay (ODOB) Metro-wide Waterways CleanUp Program.
Manila Water has also turned over materials to be used for the Quezon City government’s solid waste management
program. It has provided 10,000 sewer line connections, desludging services, and solid waste management materials to
the city.
The Toka Toka partnership seal signing with Jollibee is part of its commitment to
environmental protection as well as signifying our adherence to our respective organizations’ core values.
This year’s awardees are Ador Vincent Mayol of
Cebu Daily News, Mayette Tabada and Cherry Ann
Lim of SunStar Cebu, Michael Acebedo Lopez of
the Freeman, Amper Campaña of SunStar Cebu,
Alan Domingo of GMA Cebu, Astra Zina Logarta of
DYHP RMN Cebu, and Bjornson Bernales. Nancy
Cudis was again named the Blogger of theYear.
Jollibee Foods’ Country Human Resource Vice President Theresa Jotie said, “Part of Jollibee’s toka or share in the project
includes participation in tree planting activities, pollution control and prevention, solid waste management program and
segregation, as well as information campaign on used water education.”
For over 10 years, Globe has also helped recognize top
Manila-based business journalists together with the
Economic Journalists’ Association of the Philippines.
The Toka Toka campaign has also engaged Jollibee Foods Corporation as its latest partner.
8
“The CMEA always puts value in your dedication and
your tireless and honest efforts to bring the stories to
the people, thereby, sharing public opinion anchored
through full facts,” said Globe Chief Legal Counsel
Rodolfo A. Salalima in his speech read by Jerry Yntig,
Globe Liaison Officer for VisMin.
Vol 17 • No 5 • 2013
Ayala holds 3rd Sustainability
Summit, raises performance
report to B+
The Ayala group held its 3rd Sustainability Summit on October 10 at InterContinental
Manila with focus on sustainability as an integrated approach.
The event was attended by more than 300 guests including CEOs and sustainability
practitioners of the group companies, resource speakers, and exhibitors.
In his keynote address, JAZA observed: “The idea of sustainability is something that has
been evolving globally. Not all corporations follow it, but within the Ayala group, we increasingly
feel that we have a broader engagement with society, a broader responsibility that we
want to have, that goes beyond the traditional financial metrics that we’ve all been
trained in.”
Accenture
“The needs are tremendous as we continue to grow and engage with the economy. But at
the same time, the responsibility that we all have also continues to grow and so we begin
to evolve the idea of how do we become more engaged in addressing some of the social
development needs, some of the environmental needs of society while at the same time
continuing to be good corporate citizens and being true to the standards we have, in
putting the risk capital we have to work,” he added.
Panel discussions were headlined by John V. Alcordo, regional general manager of GE
Distributed Power & Ecomagination-ASEAN, Ynse de Boer, partner & managing director of
Accenture Strategy & Sustainability-ASEAN, Dr. Yogendra K. Saxena, chief sustainability
officer of Tata Power Co., Ltd., and Johan Segergren, country manager for Thailand and
the Philippines of Google Enterprise.
JAZA and Ayala CFO and Chief Risk
Officer Chito Gonzalez set the tone
for the Sustainability Summit
Highlights of this year’s summit were the 2nd Ayala Group My Fair Share Store (turn to page
13 for related story) and the launch of the conglomerate-wide 2012 Sustainability Report. The
report, which is in accordance with the Global Reporting Initiative (GRI) Guidelines, is now on
a B+ level. It covers 71 indicators across the economic, social, and environmental categories,
an increase of 29 from last year’s B level report. It is also the first conglomerate report to
receive independent external assurance. To view or download the latest sustainability report,
visit www.ayala.com.ph.
2nd MAD Conference focuses
on valuation, PPP contracts
Now on its second year, the Ayala group’s Mergers, Acquisitions, and Divestments (MAD)
Conference put the spotlight on two fundamental and timely topics: “The Art and Science
of Valuation/Financial Modeling” and “Lessons Learned in Structuring/Negotiating
Public-Private Partnership (PPP) Concession Agreements and EPC Contracts.”
Speakers were SGV & Co Senior Director Stephanie Tan, ING Bank Vice President Albert
Lagtapon, and Ayala Senior Manager Gabriel Villaluz III for the morning presentations;
and Macquare Infrastructure and Real Assets (MIRA) Vice President Matthew Sibbison,
C&G Managing Partner Jaime Renato Gatmaytan, and Pricewaterhouse Coopers
Director Rosemary Ong.
The MAD Conference is organized by Ayala’s Corporate Finance and Asset Management
division. This year, close to 40 Ayala group officers involved in corporate finance,
business development, and deal execution participated in the forum.
In her opening remarks, Ayala Managing Director and Head of CFAM Ginaflor Oris
observed that MAD also stands for “making a difference.”
MAD presentors respond
to questions from
Ayala group officers
She said: “Working in Ayala means making a positive impact on the lives of our
stakeholders and the communities we operate in. I hope the 2013 Mergers, Acquisitions
and Divestments Conference will provide insights and lessons to the participants to
make a difference in the way they do transactions. The MAD transactions that we do
today will be the next leg of Ayala businesses for the next generation of stakeholders.”
9
Vol 17 • No 5 • 2013
“Ayala and Volkswagen
Ayala brings VW back
to Manila
from page 1
Addressing Soh, he said: “We are honored that you have chosen Ayala as your partner to bring
back your exceptional brand to the Philippine market. We are confident that the return of
Volkswagen will bring back warm memories for those of us who grew up with the brand and, of
course, create new ones for the new generation of consumers.”
“A strong partner in the Philippines is critical to our joint success and I am very pleased to
partner with the best, your Ayala Group,” responded Soh. “The time is now for Das Auto–The Car–
to become the people’s car for the Philippines. We are confident that Volkswagen, together with
Ayala, will continue to capture the hearts and imaginations of the people of the Philippines.”
Top executives of Volkswagen from Germany, China, and the ASEAN flew in to Manila for the
brand launch and to hold their meeting for the first time in the Philippines. More than 400 guests
attended the event including representatives from government led by Senate President Franklin
Drilon and Finance Secretary Cesar Purisima, the German Embassy in Manila, and motoring media.
Ayala Auto Chairman and President John Philip Orbeta welcomed guests to the evening’s
festivities, which featured an array of Volkswagen’s passenger vehicles—the Beetle, Jetta,
Touran, Tiguan, and Touareg comprising Ayala Auto’s initial offering, as well as the new Golf, Polo,
CC, and Phaeton.
Guests then proceeded to Ayala Museum for cocktails and a heritage exhibit of Volkswagen.
are two companies with a
long-standing reputation for
setting the highest standards
in everything that they do, for
their innovation and their focus
on customers. We in the Ayala
group are looking forward to a
long and successful partnership
with Volkswagen.”
The brand launch was followed by the People’s Car Celebration on September 28 and 29 at
Greenbelt, where people of all ages participated in a number of interactive exhibits and viewed
the nine car models. The celebration culminated in the raffle of the first-ever 21st Century Beetle
in the country.
The occasion also marked the opening of the first Volkswagen showroom in Bonifacio Global City,
with 5,000 square meters of floor area that can display up to 18 vehicles. It will soon have 10
service bays to attend to the needs of customers. In the meantime, the Volkswagen Greenfield
Service Center in Mandaluyong City is operational with 15 service bays in a 2,200 sqm
state-of-the-art facility.
Volkswagen Cebu is scheduled to start operations by the first semester of 2014 and a total of six
dealerships are planned for construction and will open by next year.
“Volkswagen will be a great success in the Philippines,” affirmed FZA. “And I am confident that
the Philippines will become an important center of growth for Volkswagen in ASEAN.”
Brand Launch
People’s Car Celebration
On this page:
JP Orbeta; scenes
from the celebration in
Greenbelt; Weiming Soh;
FZA and Kit Zobel with
daughter Katya
Opposite page:
The Volkswagen China/
ASEAN executive
committee holds its
meeting in Manila, visit
the new showroom; and
tour Intramuros; the
teams from Ayala Auto,
Ayala, and Volkswagen
Philippines
10
Vol 17 • No 5 • 2013
Soh arrives in a classic Beetle and greets FZA when he arrives in the
Beetle Cabriolet
AC/VW Team
VCEC Meeting
11
Vol 17 • No 5 • 2013
FEATURES
LiveIt Institute
launches first
APEC school
Parents and guests learn more about the features of the
APEC school at Emilio Aguinaldo College
LiveIt Global Services Management Institute Inc launched its first
Affordable Private Education Center (APEC) School on July 15 at the Manila
campus of its partner, Emilio Aguinaldo College (EAC). EAC is a private,
non-sectarian, co-educational institution founded in 1973.
APEC, which targets the C and D markets, aims to provide affordable, quality
high-school education that delivers enhanced curriculum with strong focus
on necessary skills and values that will help prepare students for tertiary
education or immediate employment.
The school adopts an innovative low-cost model initially developed in countries
such as Ghana, Kenya, and Bangladesh by Pearson, LiveIt’s JV partner. It
aims to combine technology in the learning process through the use of digital
classrooms (digital boards, projectors, e-readers) and CCTVs. “We studied
(these best practices), combined them, and made them relevant for the
Philippines so that we could do it here at EAC,” said Beth Lui, CEO of APEC.
For its first year of operations, APEC in EAC offers Grades 7 and 8, with 50
students in Grade 7 and 21 in Grade 8. APEC plans to expand to at least
10 more schools next school year, and 40 eventually.
The event was attended by representatives from LiveIt, EAC, AFI, and
the APEC School Team. Guests and parents viewed the school facilities,
including equipment used by APEC-EAC to enhance the learning
experience.
LiveIt seeks to develop scholarship plans for employees of the Ayala group
and affiliates (including manpower agencies). For companies interested
in offering scholarships in partnership with LiveIt, please contact Diana
Donato at ap.dianadonato@gmail.com.
Global Filipino School, mEducation
presented to GSMA
Benguet schools get
seedling nurseries, computers
Globe recently showcased the first Global Filipino School (GFS) to visiting members
of GSM Association (GSMA), an international organization of nearly 800 mobile
operators and related companies promoting mobile-based education in the Philippines.
In Benguet province, students are being engaged to help build and maintain seedling
nurseries and are getting an education on environmental conservation in the
process.
Bilar National High School (BNHS) in Bohol uses the project-based learning approach
encouraging student collaboration, multi-subject learning, and research through the
Internet. The approach is being implemented in 342 public high schools nationwide.
“Start with the seed and start with the young and grow forests from there,” says
Fernando Esguerra, citing the catchphrase for the Roots & Shoots program of the
Cordillera Conservation Trust (CCT) that Globe is supporting. Roots & Shoots aims to
help reforest mountainsides, enhance community watersheds, and prevent landslides in
critical areas.
“We want to show that we can establish centers of expertise in ICT for education in
the Philippine public school system,” said Fernando Esguerra, OIC of Globe CSR. GFS
is Globe’s response to the 2030 Education for All (EFA) Global Monitoring Report
published by the United Nations.
12
With 24 desktop and 10 laptop computers with Internet connection, GFS directly
benefits 30 teachers and 750 students of BNHS.
Globe provided P 800,000 for the establishment of the seedling nurseries hosted by 21
public elementary schools in La Trinidad, Tuba, Kapangan, and Kabayan. The amount
came from the funds raised during the Globe Cordillera Challenge held in 2012. An
additional 30 seedling nurseries will be established using P 1.2 million in funds raised
during this year’s biking event.
The Department of Education serves as GFS co-convenor, helping craft the blueprint
of the program and monitor its implementation and results.
“The schools are now the production centers for the community’s forest building needs,
situated right where they are needed most,” observes CCT Executive Director JP Alipio.
Globe also shared its 9-year Text2Teach mobile education initiative with GSMA.
During the workshop, Globe presented its education-related activities, and explored
possibilities in mEducation in the global and local context.
AFI also donated 60 refurbished desktop computers to the elementary schools hosting
the seedling nurseries. The computers will be used to supplement environmental
education of the students who are being tapped to build and maintain the nurseries.
Vol 17 • No 5 • 2013
Negros Trade Fair
goes full circle
Ayala Malls recently presented the best of Negrense artistry and ingenuity in The 28th Negros Trade
Fair at the new Glorietta Activity Center.
The Negros Trade Fair celebrated 28 years of success by coming back to where it all began, in
Makati. It was in 1985 when the first fair, known as The House of Negros Trade Fair, was held
at the QUAD Carpark. The following year, it was again held in Makati, this time at the Manila Garden
Hotel. Subsequently, The Negros Trade Fair travelled to Pasay and Mandaluyong, and to large
venues that could accommodate the fast-growing participation.
Senate President Franklin Drilon, Senators Edgardo Angara Jr, Sergio Osmeña III, Grace Poe,
and Cynthia Villar, JAZA, Negros Occidental Governor Alfredo Maranon Jr, and Tony Aquino,
Lilit Tumbocon, and Rowena Tomeldan graced the opening ceremonies.
2nd Ayala Group Fair Share
Store highlights partners
Seventeen community-based organizations supported by
Ayala companies joined the 2nd Ayala Group Fair Share
Store on October 10 at Intercontinental Manila.
Products of the Iraya Mangyan supported by AFI (left) and those of Jacinto and Lirio supported by Globe (center);
Cebu Holdings’ Vera Alejandria looks at a local coffee brand from Bote Central
The Fair Share Store provides a unique market
for producers and entrepreneurs
Ferdz de la Cruz, Rodell Garcia, Chito Oreta, Abe Basilio, and Ruel
Maranan at the booth of Manila Water’s partner cooperative
The Fair Share Store is a synergy initiative of the Ayala Group
Sustainability Council to help producers, community partners
and entrepreneurs bring their products to market and to
support small enterprises.
Participating communities were Pag-asa Vesta Producers
Coop and Unlad K (ALI); Bote Central, Gifts and Graces,
Rurungan sa Tubod Foundation, Custom Made Crafts
Center, Bayani Brew, and Jacinto and Lirio (Globe); Manu
Manu of Barangay Luz, Cebu (Cebu Holdings); IrayaMangyan Community, Buklod Bahayan Community, Center
of Excellence in Public Elementary Education, El Nido
Community, and Rags2Riches (AFI); Women for Progress of
Nagpayong Multipurpose Coop and Lupang Arenda MuslimChristian Coop (Manila Water); and Upland Marketing
Foundation, Community Crafts Assoc of the Philippines, and
Philippine Federation for Environmental Concern (BPI).
13
Vol 17 • No 5 • 2013
Business Bulletin
DENR, LLDA award
MWC for environment
friendly practices
IMI Europe
boosts design
clout
Manila Water has been given the Best Compliance
Monitoring Report Award by the Department of
Environment and Natural Resources-Environmental
Management Bureau for its Manila Third Sewerage
Project.
In summer 2011, electronics
manufacturing services (EMS)
provider Integrated MicroElectronics Inc (IMI) completed the
acquisition of four subsidiaries of EPIQ NV in Bulgaria, the Czech Republic, and Mexico. The acquired design assets
included electronic subsystems for automotive and industrial markets.
The award was given during the first National
Convention on the Philippine Environmental Impact
Statement (EIS) System encouraging companies to
comply with their respective Environmental Compliance
Certificates.
The Laguna Lake Development Authority has also
awarded Manila Water with the Blue rating for the
company’s eight used water facilities’ strict adherence
to environmental regulations and effluent standards of
the authority from 2010 to 2012.
The eight wastewater facilities are the sewage
treatment plants in East and Visayas Avenues, Heroes
Hill Village, Pag-asa Bliss and Sikatuna Bliss, Palosapis,
and the San Mateo North Septage Treatment Plant.
The acquisition led to renewed opportunities for developing new products with higher complexities and launched new
platforms, such as the motor drive, that eventually became key in drastically reducing the material costs of manufacturing
parts such as connectors, PCBs, housings and molding.
“The motor drive platform brought a new technology portfolio to IMI’s production expertise,” explains Philippe Marquet,
head of design operations of IMI Europe. “It also enabled IMI Europe to effectively use complex technologies and reduce
the risk of product malfunctions.”
IMI’s focus on design competence is showing positive results. Motor drive-related activities correspond to 60% of IMI’s
turnover in Europe and Mexico. Design competence also helps IMI understand customers’ future needs.
As an EMS partner doing the module design and build-box assembly work for OEMs, IMI Europe has further consolidated
its design capabilities. IMI Europe has also started promoting redesign and product risk analysis to customers. As a result
of such a proactive design approach, IMI is getting noticed for its expertise in automotive-related design services as well
as full support for safety and ASPICE standards.
MWC files Dispute Notice;
Globe vs illegal repeaters
Regional institutional mag awards
BPI Family Bank, Ayala
Manila Water has filed a Dispute Notice with the
International Chamber of Commerce challenging
the tariff determination of the Metropolitan Water
and Sewrage System (MWSS).
The Dispute Notice officially commences the
arbitration process.
For the third year, BPI Family Savings Bank (BFSB)
was named Best SME Bank by Alpha Southeast Asia
Magazine.
According to Alpha SEA editors, BFSB set itself apart
with its unique commitment of making it easy for
micro, small, and medium enterprises (MSMEs) to
grow and expand their businesses.
“As a result of the bank’s aggressive enhancement
of processes, structural changes, product innovation,
and communication strategy, BFSB market
penetration of the MSME sector has continued to rise
year after year,” they observed.
BFSB President TG Limcaoco said: “The assurance
that we are able to carry out our commitment in
empowering MSMEs year on year is what we are
14
most grateful for. This continues to inspire us to
aggressively enhance our processes and innovate
both our products and communication strategies to
reach more MSMEs and make it easy for them to
achieve their growth potential.”
The magazine also recognized Ayala as among the
country’s best in corporate governance, strategic
CSR, and annual report for the preceding year.
Corporate Secretary Solomon M. Hermosura
received Ayala’s triple citation at the 3rd Southeast
Asia’s Institutional Investor Corporate Awards in
September.
Alpha SEA Magazine is the first and only institutional
publication for industry investors, assets and fund
management companies that focuses on countries in
the region.
Vol 17 • No 5 • 2013
Manila Water filed the notice after MWSS cut away
significant programs for building and maintaining
water and wastewater systems in the East Zone,
which has been seen to impair Manila Water’s ability
to fulfill its service obligations to its customers.
An arbitration panel will conduct proceedings in
accordance with the rules of the United Nations
Commission on International Trade Law.
Meanwhile, a buy-bust operation by the Philippine
National Police and Globe in Mabolo, Cebu City, led to
the arrest of a suspected illegal seller of repeaters or
signal boosters.
Criminal charges have been filed against the suspect
for violation of the E-Commerce Act, Access Device
Act, and the Anti-Fencing Law.
Globe has signed agreements with major retailers
of gadgets and IT equipment to help curb the illegal
practice.
BPI is Philippines’
Best Trade
Finance Bank
La Mesa treatment
plant takes
the LEED
Globe Community, the pioneering online community
of Globe, has reached another breakthrough as its
membership now exceeds 10,000 only six months
since its debut.
For the fifth time, BPI was named Best Trade Finance
Bank in the Philippines in the prestigious annual Trade
Finance Awards for Excellence held in July in Singapore.
Trade Finance Awards is the longest running
awards program related specifically to the trade
finance market. Winners are selected through a
combination of votes cast by clients, leading figures
within the industry, and by a panel made up of Trade
Finance Magazine’s editorial team. Criteria include
relationship management, competitive pricing,
customization of solutions/innovation, emerging
market knowledge, global trade network, online
trade finance capabilities, and risk management and
mitigation.
Consistently cited as one of the best banks in the
region, BPI takes pride in its good governance, product
and technological innovation, business sustainability
initiatives, and sound banking practices. These
awards are testament to BPI’s continuous commitment to
outstanding service delivery and operational efficiency.
Stream is best call
center, acquires Tunisia
Manila Water’s East La Mesa Water Treatment Plant
administration building was recently conferred the
Leadership in Energy and Environmental Design
(LEED) Certification.
Such a milestone makes Globe Community the fastestgrowing online telecommunications community in
the country and one of the fastest in Asia, said Chris
Lipman, head of Globe Customer Experience. It reached
the 10,000 mark on September 17, coinciding with the
inauguration of the Globe Tower in BGC.
The administration building is the centerpiece of the
150-million-liter-per-day water treatment plant that
provides safe and potable drinking water to almost a
million people in the northeastern section of Manila
Water’s concession area.
A first in the Philippines, Globe Community (community.
globe.com.ph), is an online customer support channel
where customers are empowered to help other
customers. It allows Globe subscribers or potential
customers to interact, discuss, and resolve Globerelated concerns and topics in digital space.
LEED, created by the US Green Building Council,
is the world’s most widely used green building
certification rating system.
Lipman says more subscribers are turning to Globe
Community, enabling members to find solutions to
commonly asked questions faster and easier.
Manila Water joins
Facebook, Twitter
More adventures await
BPI customers
Stream Global Services recently completed the
acquisition of N2SP Tunisie, a Tunisia-based
company offering service and multichannel support
to European customers.
BPI 24/7 Banking has launched the second offering
of its successful Get Out More promo. The campaign
encourages Filipinos to experience the benefits of
banking through electronic channels by raffling off
dream trips to popular destinations.
“This acquisition provides Stream with an enhanced
presence in the European market and additional
expertise in chat and email service offerings,” says
Stream Chairman and CEO Kathy Marinello.
The LiveIt investee company recently took top honors
at the 14th Annual Call Center Week conference in
Las Vegas, Nevada. Stream won in the new category,
Best International Call Center, over other significant
global industry players. Stream was previously
recognized for its Voice of the Customer initiatives
and mobile customer strategies.
Globe has fastestgrowing enterprise
social community
Manila Water has hopped on the social media
bandwagon with its own Facebook and Twitter
accounts, reaching out to more customers with
more personalized service.
Stream reported that it achieved revenues of
US$249 million for the quarter ended June 30, which
represents 26% year-on-year growth, as a result of
organic growth and the successful integration of UKbased LBM Holdings. Stream also reported 52% yearon-year growth in adjusted EBITDA to US$23 million.
The social media accounts—facebook.com/
manilawater and @ManilaWaterPH for Twitter—are
handled by a customer service team online 24/7.
The company’s contact center will uses a program
gathering all Facebook and Twitter posts, which
in turn are filed as tickets via CRM. This contact
center is part of Manila Water’s hotline customer
support team.
Adds Jared Morrison, VP and Philippine Country
Manager: “Stream Philippines continues to
experience strong growth, with our headcount up
18% year on year in the second quarter, as a result of
robust demand from our clients.”
The contact center deals with customer
complaints, posts important Manila Water
announcements, addresses queries about the
company, and even handles nuisance posts or
Internet trolls.
In partnership with AirAsia and LocalRoam, BPI
24/7 Banking is giving away all-expense-paid
trips for two to popular Asian destinations such as
Hong Kong, Shanghai, Seoul, Kuala Lumpur, and
the country’s own Boracay, and P 24,700 in cash.
Clients who pay their bills through BPI Express
Online, BPI Express Mobile, or BPI Express Phone
during the promo period of August 1 to November
30, 2013, are eligible to win.
As one of the most trusted banks in the country,
BPI has continuously innovated itself to cater
to the changing banking lifestyles of its Filipino
clients. The BPI 24/7 Banking service allows
clients to conduct essential banking transactions,
anytime and anywhere.
Says VP Carlo Gatuslao: “Our goal is for our clients
to make their transactions as fast, secure, and
easy as possible for them to have time for other
important matters. The extra minutes saved from
traveling to a bank branch or payment center can
instead be spent with friends or loved ones—to
‘Get Out More’.”
15
Vol 17 • No 5 • 2013
CSR Bulletin
Europe-based Pinoys recognized in BPInoy Awards
Junix Inocian and Chemist Reynaldo Z. Lachica (center) receive their award from Philippine Ambassador to the United Kingdom and Northern Ireland
Enrique Manalo (fifth from left), BPI Europe Plc Managing Director Alexander B. Tan III, Chairman Gigi Montinola, and Executive Director Tony Paner
BPI Europe Plc, a wholly owned subsidiary of BPI,
hosted the 7th BPInoy Awards on September 21 at
Millennium Gloucester Hotel in London.
Dubbed as An Evening of Success Stories: The
Philippines and the World-Class Filipino, the event
honored two exceptional world-class Europe-based
Filipinos, namely international theatre, film, and
television actor Junix Inocian and chemist Reynaldo
Lachica.
Filipinos who have made the Philippines proud
not only through their accomplishments, but also
because of their positive impact on fellow Filipinos.
For 2012, BPI opened the nomination exclusively to
Europe-based Filipinos.
The BPInoy Awards is held annually under the BPInoy
Program of the bank to recognize and honor overseas
Past BPInoy awardees include world-renowned musical
theatre artist Lea Salonga, technology entrepreneur
Diosdado Banatao, fashion designer and entrepreneur
Josie Natori, economist Dr. Eli Remolona, White House
Executive Chef Cristeta Pasia-Comerford, boxer Manny
Pacquiao, and Procter & Gamble General Manager Ma.
Fatima “Fama” de Vera-Francisco.
Globe allots P9.4 M
for Text2Teach
Benedictine educators
visit Ayala Museum
Public school students listen as their teacher explains a
lesson downloaded via Text2Teach
Globe has committed P 9.4 million for the fourth phase
of the innovative teaching program Text2Teach which is
scheduled for completion in 2014. The amount covers
mobile voice and data requirements of 850 public
elementary schools in Luzon, Visayas, and Mindanao.
“Being part of the Text2Teach Alliance is one way of
serving as a catalyst for community transformation via
improved education,” says Fernando Esguerra.
Since 2004, Text2Teach has helped improve the
academic performance of Grades 5 and 6 students
nationwide through educational videos downloaded via
Nokia mobile phones and Globe Internet connection.
Schools also receive a television set, teacher training,
and guide books.
So far, 300 public elementary schools in the Visayas
region have either started or committed to implement
Text2Teach’s phase four. The private sector-led initiative
has reached a total of 752 schools and has benefited
over a million students.
16
Pushing bikers’ limits
Globe Arakan XC participants like Eric Bergavera help raise funds
for the Philippine Eagle Foundation
When Eric Bergavera of Globe’s Davao office heard
about Globe Arakan XC last year, he was ready for the
60-km challenge. He pushed himself to complete the
trail.
Eric made it to the top 10, the first among Globe
volunteers.
Globe Arakan XC2 pushed bikers to their limits anew.
Held in Davao City on October 13, the race started and
ended at the Philippine Eagle Center. Funds raised
were donated to the Forest Corridor Development
Program of the Philippine Eagle Foundation.
ASEAN youth meet U.S.
State Secretary Kerry
U.S. Secretary of State John Kerry with ASEAN youth
delegates
Benedictine nuns with JAZA, Fr. Jamison, and Ayala
executives JP Orbeta and Emi de Lara
Twenty five youth leaders from the Association of
Southeast Asian Nations met with US Secretary of
State John Kerry on October 10 in Brunei during the
ASEAN Summit.
203 members of the Benedictine Educators’ Network
(BENET), an international organization composed
of Benedictine priests, nuns, teachers, and lay
people, visited Ayala Museum on October 24. The
tour provided participants a good appreciation of
Philippine history and culture.
During the meeting, called “A Conversation with Asean
Young Leaders” facilitated by Joseph Anthony Quesada,
manager of AFI’s Youth Leadership program, Kerry
expressed amazement at the fact that 65% of the
population is under 35 years old. “The future really
belongs to you,’’ he said to the audience.
Father Christopher Jamison OSB, who is currently
the president of the International Commission on
Benedictine Education, was a teacher and eventually
the Abbot of Worth Scholl and Worth Abbey, where
JAZA and FZA received their secondary education in
the UK in the early 1970s.
Delegates from the Philippines were Ayana Jamnia
Maranda from Mindanao State University–Iligan
Institute of Technology, and John Patrick Allengui
from the Ateneo de Manila University.
The educators attended a four-day global conference
dubbed as BENET 2013 in Manila hosted by the
St. Scholastica’s College and Priory.
Vol 17 • No 5 • 2013
The dialogue with Kerry is a preliminary event to
the ASEAN Youth Leaders Summit to be held from
December 2 to 10 in the Philippines, organized by
AFI in partnership with the US Embassy. Around 150
youth from the region are expected to participate.
Personal Best
Ayala Land is 2013 JZA Cup champion
Clockwise from above: ALI brings home the streetdance trophy and the JZA Cup; Manila Water lady spikers sweep the competition; BPI wins
over IMI for third place in women’s volleyball; ALI vs Manila Water in the crucial men’s volleyball championship
The JZA Cup will now have a new home.
company casting a sure win in the different events.
Winning its first JZA Cup, ALI overtook early favorites
MWC and Globe after ALI brought MWC to its knees
in men’s volleyball, 3-1, enough to bring ALI to the
overall lead in the scoreboard with 191.5 points over
defending champion MWC’s 183. ALI’s dance crew
also ruled the groupwide streetdance competition,
with MWC and AC as runners up.
In bowling, Globe and IMI emerged champion and
first runner-up, respectively, surprising all-time
tournament leader MWC, which settled for third.
The Globe golfers also outclassed their closest
rivals ALI and BPI.
This year’s JZA Cup was at its most thrilling, with no
Last year’s Badminton champion MWC successfully
defended its title, winning six of the eight categories.
ALI finished second and BPI third. In the women’s
volleyball finals, MWC spikers swept ALI, 3-0. BPI
finished third.
In the overall rankings, Globe placed third (160
points), followed by BPI (152.5), IMI (115) and
AC (113).
BPI HR Head is PMAP
People Manager of 2013
Gosiengfiao shines in
Shell national art fest
Carpio cited as PNU
Eminent Alumnus
ALI’s win caps the company’s 25th anniversary this year.
Ding Carpio is feted by his alma mater
Faye Corcuera’s family receive the PMAP award on her behalf
Fidelina Corcuera, BPI SVP and head of HR, was
named the 2013 People Manager of the Year during
the annual convention of the People Management
Association of the Philippines (PMAP).
Corcuera said, “This PMAP award is an affirmation that
we share a vocation that is about value creation, about
building people and organizations.”
Upon joining BPI in 2007, Corcuera created an HR
transformation strategy aligned with the changing
business requirements of the bank. The HR Service
Delivery team was transformed from being highly
administrative and transactional to a more value-adding
and strategic HR.
BPI was recently recognized as Employer of the Year–
Gold during the 8th Asian Banking and Finance Awards
and Grand Winner of the 2013 Kapatid Awards given
by the Employers’ Confederation of the Philippines.
PMAP named the BPI Harvard LEAP Program as People
Program of the Year in 2012.
UP Fine Arts student Xieng Gosiengfiao beside a photo of
her winning sculpture
Katrina Noelle M. Gosiengfiao, daughter of Sherry
Gosiengfiao of Ayala Strategic Human Resources,
won a gold medal in the recently concluded 46th
Shell National Students Art Competition.
Xieng, a senior Fine Arts student at the University
of the Philippines, ranked first in sculpture with her
entry “Bukas na Lata”. The resin cast sculpture
depicts several human bodies crammed together,
taking on the shape of a tin can beside it. She
explains that her work is a metaphor for human
commodification and exploitation.
The annual Shell competition chooses the best
student artwork in oil/acrylic, watercolor, sculpture,
and digital fine arts. The winning entries were on
exhibit at Ayala Museum until September 22.
Manila Water Group Director for Operations
Geodino “Ding” Carpio was recently recognized
by the Philippine Normal University as an Eminent
Alumnus. The award is given to the university’s
alumni who are acknowledged as prominent and
distinguished in the different sectors of society.
Under a scholarship grant from the National
Science Development Board, Carpio earned a
Bachelor of Science in Physics teaching at the
Philippine Normal University from 1976 to 1980 in
consortium with De La Salle University.
The awards ceremony held on September 30
was in line with PNU’s celebration of its 112th
Foundation Day with the theme, “One PNU, One
Philippines, One ASEAN”. Carpio was among 26
alumni honored this year. Other awardees included
Associate Justice Amy Lazaro-Javier, NCCA Director
Emelita Almosora, Dr. Milwida Guevara of Synergia
Foundation, and Nathaniel De Vera of St. Luke’s
Medical Center.
17
Vol 17 • No 5 • 2013
FEATURES
HERO Foundation
honors benefactors
In celebration of its 25th anniversary, HERO
Foundation honored its patrons and benefactors
through a thanksgiving concert called “Saludo” on
October 22 at the new Glorietta activity center.
FZA with Platinum awardees (top photo) and
HERO scholars (above); Christmas cards are
available to raise funds for HERO
in
Botong exhibit travels to Talisay
FZA, who is chairman of HERO
Foundation, joined Executive
Director Maj. Gen Renato M.
Garcia, President Tony Aquino,
and Board Member Jun Bisnar
presenting the awards to 28
supporting organizations.
JAZA, Tony Aquino, Luli Herasde Leon, Mariles Gustilo, and
members of Javier Lacson’s
family opened the exhibition.
AFI’s Arts and Culture Division
aims to bring art to new
audiences. This outreach
initiative presents an itinerant
version of the exhibition held
from December 2012 to
March 2013 on the occasion
of the centennial of Botong
Francisco’s birth. The original
exhibition showcased over 40
paintings complemented by
Gallaga’s short film inspired
by the National Artist’s
large-scale works and murals
commissioned for public
buildings.
18
The event was attended by HERO scholars with
their families, officers, and enlisted personnel of the
Armed Forces of the Philippines, and representatives
of the private sector. Featured performers were worldclass violinist John Lesaca, Princess Velasco, Young JV,
Chad Borja, Jinky Vidal, Top Suzara, Mark Bautista, the
Harana Quartet, and local bands including Banda ni
Kleggy, Moonstar88, 6 Cycle Mind, and Callalilly.
Since its creation in 1988, HERO Foundation
has helped 939 scholars graduate from college
and technical vocational courses. At present, the
foundation has 721 active scholars nationwide.
LitFest turns folk, pop!
From August to September, Ayala Museum organized a traveling exhibition
on National Artist Carlos “Botong” Francisco at The District North Point Mall
in Talisay, Negros Occidental.
Entitled “Botong Francisco: A Nation Imagined,” this exhibition featured 25
reproductions of Botong’s
paintings from institutional
and private collections.
Accompanying these images
was a film produced by AFI
and directed by acclaimed
filmmaker Peque Gallaga on
Botong’s vision and artistry.
Among the Platinum awardees were Ayala, ALI, Ayala
Malls Group, Ayala Malls Cinemas, and Globe. BPI
Foundation and NUVALI were Silver awardees, and
Makati Development Corporation was cited as a
Bronze awardee.
This November, Filipino writers will discuss folk and
popular literature as shown in komiks, TV, and film
as the National Book Development Board (NBDB),
Filipinas Heritage Library (FHL), and Ayala Museum
hold POPtastik Pinoy!
The event is part of the 4th Philippine International Literary
Festival. Titled “Text and the City”, the LitFest takes place in
the major universities in Metro Manila from November 11 to
14, and at Ayala Museum on November 15.
Speaking at the universities are Xu Xi of Hong Kong
(University of Sto. Tomas), Singapore-based Kamini
Ramachandran and London’s Jasmine Anne Corray (De La
Salle University); Canadian Peter Swirski (Ateneo de Manila
University); Singaporean Suchen Lim (University of the
Philippines); and American Krys Lee (Ayala Museum). Many other local and regional writers are
expected to attend the festival.
On November 15, the talks at Ayala Museum feature comics artists Manix Abrera, Noel
Pascual, AJ Bernardo, Karen Francisco, and Budjette Tan; novelists Eros Atalia, Luna Sicat
Cleto, and Edgar Samar; scriptwriter Suzette Doctolero; fictionists Sarge Lacuesta and Yvette
Tan; journalists Ruel de Vera and Kristine Fonacier; Prof. Patrick Campos; celebrated writers
Tony Perez, Rolando Tolentino, and Isagani R. Cruz; and self-published author Garitony Nicolas.
The LitFest stretches to the following week at the Ayala Malls. On November 17, a movie
marathon of GMA films will be held at the new Glorietta Activity Center, along with a mini
fair for indie komiks creators and sellers, and small or independent publishers. The public
may also view GMA 7 telefantasya costumes on exhibit from November 18 to 24.
POPtastik Pinoy! is supported by Ayala Malls, GMA Network, Brother Philippines Inc.,
Intercontinental Hotel, the Book Development Association of the Philippines (BDAP), the Korea
Copyright Commission (KCC), Fully Booked, and McDonald’s. For inquiries, contact Verne
Ahyong at the Ayala Museum at 759-8288 local 46 or ahyong.vy@ayalafoundation.org. To
register, call Marj Villaflores at 759-8288 local 25, or email litfest@filipinaslibrary.org.ph.
Vol 17 • No 5 • 2013
From grass to glass:
ALI continues to enhance
land and enrich lives
Ayala Land turns 25 this year but it builds on a legacy in
urban development that spans nearly a century.
After all, ALI traces its roots to the property division
of parent Ayala, which began its foray into real estate
in the 1920s. Rentals from commercial properties in
downtown Manila also contributed to the firm’s income.
In 1937, 42 hectares of land in Makati was leased to the
A Page
from History
group of Laurie Reuben Nielson. This became the site of
the country’s first commercial airport; its two runways
are now Ayala Avenue and Paseo de Roxas.
in the 1990s, Bonifacio Global City in 2003, and in recent
years, Quezon City, Pampanga, Subic, Davao, Cagayan de
Oro, Iloilo, and Bulacan, to name a few.
During the Second World War, Alfonso Zobel refused
to give the Japanese military the title to the Nielson
airfield. This bold move preserved the core of Hacienda
Makati and made it possible for the company to pursue
the Ayala Master Plan, a 25-year urban development
program envisioned by Col. Joseph McMicking.
It also began to address the needs of a broader market
by introducing new developments for the middle-income
and economic housing segments, recreational and
leisure markets, and the business process outsourcing
industry. It has ventured into international real estate
investments and made sustainability core to its
business philosophy.
The success in transforming the grass lands of Makati
into the country’s premier residential, business, and
commercial district inspired Ayala to develop Alabang, a
suburb south of Manila, in the 1970s and 1980s.
By the time ALI was spun off from Ayala in 1988, it was
ready to pursue a similar vision for other areas in Metro
Manila and beyond: Metro Cebu and Laguna Technopark
Today ALI retains the passion for building—and nation
building—that it has borne from the start. The spaces it
creates symbolize fulfilled dreams and give rise to new
ones, spur growth not only for merchants and tenants
but also for entire communities, and continue to stand
for the brand of quality, integrity, and excellence that is
distinctly Ayala Land.
Help for Bohol, Cebu
The 7.2 magnitude earthquake of October 15 affected more than 3 million individuals and caused
more than P 2 billion worth of damage to infrastructure. Ayala companies in Manila and in the Visayas
immediately mobilized people and resources to ensure the safety of employees and customers, carry on
vital operations, and send help to the public.
• BPI kept open two branches in Bohol to serve customer transactions.
• Globe Telecom set up 11 Libreng Tawag and 8 Libreng Charging stations, and distributed 2,843 relief goods. Its facilities in the region remained fully operational.
• Manila Water deployed a Mobile Treatment Plant to Bohol and supplied 308,000 liters of clean and potable water.
• Cebu Holdings monitored and ensured the structural integrity of its owned and managed properties.
It provided additional security personnel in open spaces of the business park where families
camped overnight.
•The structural integrity of the new Honda Cars Cebu showroom under construction remained intact.
Isuzu Bohol’s service facility has been cleared for operations.
• Ayala Business Club (ABC) Cebu facilitated relief efforts its member companies and purchased generators for use in areas with power interruption. It also initiated a donation drive together with Ayala Center Cebu.
• Ayala Foundation monitored its partner
communities and activated its donation channels.
• Ayala Malls continues to accept donations in kind through mall concierges.
On the ground, Dom Emmanuel Dalangin, team
leader of the eight-man operating crew of Manila
Water’s MTP, shared that the Bol-anons were very
thankful for the support they received.
“We strongly feel the hardships that our countrymen
are going through in times of disasters,” said
Dalangin. “Despite the challenges, we are all willing
to help because we know how these people feel. We
would like to be of assistance in any way we can.”
Clockwise from top: Poster for the free benefit concert featuring the Loboc
Children’s Choir; Interior Secretary Mar Roxas and officers of ABC Cebu
discuss items most needed; Manila Water’s MTP serves residents of quakeaffected towns
19
Vol 17 • No 5 • 2013
Christmas
season begins
in Makati
Close to a million LED lights along Ayala Avenue, Makati Avenue, and Paseo de Roxas, usher in the holiday season to the
Makati Central Business District. On November 4, the lights were switched on by (from left) Makati Commercial Estate
Association President Dave Balangue, Makati City Councilor Tosca Puno-Ramos, Tony Aquino, JZA, and JAZA. Ribbons and
arches in amber and white as well as colorful rings bring early Christmas cheer to the business district.
The Christmas light and sound show at the Ayala Triangle Gardens, a much-anticipated
tradition among Makati denizens and visitors, begins this November.
Songs of Hope
and Visions of
Heaven on Earth
On November 8, the Ayala group presented a
free benefit concert called “Songs of Hope”
at Tower One featuring the Loboc Children’s
Choir. The concert raised funds for the
restoration of churches in Bohol.
Ayala Museum and Ayala Malls exhibited
photographs of ceiling paintings from
those colonial churches. Co-curated by
Ayala Museum’s Kenneth Esguerra, with
photography by Atty. Paquito “Jojo” Ochoa Jr,
“Kisame: Visions of Heaven on Earth” was
held from November 11 to 14 at Greenbelt,
to give the public a glimpse of treasures lost
from the earthquake.
The photographs on this page are from the catalogue of the first exhibition of Kisame in 2008 at Ayala Museum, in partnership with Filipino Heritage Festival Inc and the Diocese of Tagbilaran
PUBLISHER John Philip Orbeta • EDITOR IN CHIEF Emily de Lara • MANAGING EDITOR Janella Cacdac-Siena • EDITORIAL CONSULTANT Aries Espinosa • DESIGN Medium3
We thank the following for their contribution to this issue: Cathy Ang, Mau Barreiro, Paolo Borromeo, Marco Duay, Aileene Fernandez, Justin Gatuslao, Carole Guamen, Gale Launio, Jaimee Malenab, Vickie Tan
| Cathy Bengzon, Suzette Naval, Eunice Acejo, Monique Castaneda, Frances Cacho, Jen Chua, Cheska Kabiling, Leo Grape, Rina Reganit, Reese Rodriguez | Rita Canchela, Leah del Castillo, Marivi Galisanao,
Rachelle Dangin | Yoly Crisanto, Jan Vincent Ibesate, Kristel Or | Jeric Sevilla, Arlene Liongson-Friginal, Mich Carag | Fred Blancas, Roni Guilalas | Kriselle Sebastian | Nature Calderon, Paul de Guzman, Faye Cura, Jaime
Martinez, Suzanne Yupangco | Vera Alejandria, Alec Bucao Additional photography from: Ayala Business Club Cebu, Presidential Communications Operations Office www.pcoo.com.ph
EDITORIAL OFFICE: Ayala Corporation – Corporate Communications, 32F Tower One, Ayala Triangle, Ayala Avenue, Makati City 1226 Philippines | Email: AyalaNow@ayala.com.ph