Ayala Now September-October 2009 Edition
Transcription
Ayala Now September-October 2009 Edition
The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 inside 3 Sustain+ability: Ayala CSR summit to discuss challenges to sustainable development 4 Ayala Malls merges environmental awareness and shopping in Greenology 6 Orbeta wins PMAP Manager of the Year award 9 Globe launches pioneering products and services 13 Cebu Holdings develops own carbon footprint tracker 15 Kindness overflows: Ayala companies reach out to typhoon victims Aquino named one of MAP’s Management Men of the Year Ayala and Mitsubishi: Thirty-five years of enduring partnership Antonino Aquino, president and chief executive officer of Ayala Land Inc. (ALI) and former president of Manila Water Company, has been named Management Man of the Year by the Management Association of the Philippines (MAP). Aquino shares the award with Dr. Jesus Estanislao, chair of the Institute of Corporate Directors and the Institute for Solidarity in Asia. The MAP Management Man of the Year award is conferred to individuals in business or government who have gained distinction in the practice of management and contributed to the country’s progress. The award has only been given 32 times in its 42-year history. Under Aquino’s leadership, Manila Water integrated CSR into its core business strategies Criteria for the award include integrity, leadership, and management qualities; contribution to nation building and values formation; and effective stewardship within the confines of the highest standard of business and management practice, among others. MAP cited Aquino’s leadership role in Manila Water, considered a model of a successful waterworks privatization and public-private sector partnership, and for steering the transformation of a public service company into a publicly-listed firm with remarkable growth and profitability. He was also acknowledged for making corporate social responsibility and sustainable development integral parts of Manila Water’s overall corporate strategy and for his contribution to national development by improving the quality of life of over one million people through Manila Water’s flagship program Tubig Para Sa Barangay. Jaime Augusto and Fernando Zobel de Ayala with (from left) Mitsubishi senior corporate advisers Minoru Makihara and Shinroku Morohashi, chairman Mikio Sasaki, and president Yorihiko Kojima In this rapidly changing and volatile business environment, it is rare to find business relationships that last through decades and survive multiple leadership transitions. The partnership of Ayala Corporation and Mitsubishi Corporation is one such rarity. Last October 15 and 16, Ayala and Mitsubishi commemorated 35 years of fruitful partnership at the headquarters of Mitsubishi in Tokyo, Japan. continued on p.8 MarQuee Mall, Ayala Malls’ newest lifestyle hub, opens in Pampanga Aquino has been with the Ayala group for 28 years in various capacities. He was formerly a senior vice president of ALI and was appointed CEO of Manila Water in 1998. Under Aquino’s leadership, Manila Water was able to upgrade Manila’s East Zone water distribution system, which now provides 24-hour water supply to more than five million residents, from less than a million when it was granted the concession in 1997. Shareholder value increased more than 10 times in the same period. His leadership has made Manila Water one of the most awarded and celebrated companies in the Philippines. Aquino and Estanislao join the distinguished roster of past MAP Management Man of the Year awardees, namely: entrepreneur Washington SyCip (1967), Ayala chairman emeritus Jaime Zobel de Ayala (1987), MAP co-founder Ramon del Rosario, Sr. (1988), businessman Raul Concepcion (1990), former Central Bank governor Gabriel Singson, Jollibee Foods president Tony Tan Caktiong (2002), Ayala chairman Jaime Augusto Zobel de Ayala (2006), and former Central Bank governor Jose Cuisia Jr. (2007). The awarding ceremonies for the MAP Management Man of the Year 2009 will be held on November 26 at the Peninsula Manila. MarQuee Mall, the newest shopping and entertainment destination developed by Ayala Land Inc. (ALI), is set to become one of the main attractions of Angeles City, Pampanga, and a major lifestyle hub in the region. Inspired by the Kapampangans’ rich and lively culture that is reflected in their propensity to gather, dine, and celebrate life’s occasions, MarQuee Mall was developed to serve as a regional shopping center reminiscent of a lively town plaza. Featuring leading local and global brands, as well as the best of the Philippines’ and Central Luzon’s arts, crafts, and cuisine, MarQuee promises to provide mall-goers a topnotch shopping, dining, and entertainment experience. continued on p.10 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 ALI gears up for major projects Ayala Land Inc. (ALI) recently signed agreements that will give rise to two major mixed-use development projects in Luzon—a central business district (CBD) in Quezon City and an integrated mixed-use community in Subic Bay Freeport Zone. ALI and the National Housing Authority (NHA) signed a joint venture agreement on August 27 to develop the 29.1-hectare North Triangle property in Quezon City into a major business district. The development project is expected to start within two years. The Quezon City CBD will be developed as the Philippines’ first transit-oriented, mixed-use business district. The project’s total cost is estimated at P22 billion, inclusive of future development costs and the current value of the property, which ALI and the NHA will contribute as their respective equity share in the joint venture. The development will help the NHA achieve its mandate to transform a non-performing asset into a model for urban redevelopment. The Quezon City CBD project is also expected to generate a significant number of jobs as well as revenues for both the local and national governments. ALI’s vision for the property is also consistent with EO 620, which mandates the Urban Triangle Development (TriDev) Commission to rationalize and speed up the development of the East Triangle and North Triangle properties into well planned, integrated, and environmentally balanced mixed-use communities. The TriDev Commission, which is composed of the NHA, Quezon City mayor Feliciano Belmonte, and Vice President Noli De Castro, was created by President Gloria Macapagal-Arroyo. Prior to the signing of the agreement, the NHA approved ALI’s proposal and declared it compliant with the terms of the National Economic Development Authority (NEDA) joint venture guidelines. The proposal also conforms with NHA’s vision of a private sector-led and managed model for the development of the North Triangle property, similar to the development project in Fort Bonifacio. ALI will also develop a 7.5-hectare property within the Subic Bay Freeport Zone under a 50-year lease agreement with the Subic Bay Metropolitan Authority (SBMA). The company will invest about P3 billion in the construction of a mixeduse community that will include a shopping center, a business process outsourcing (BPO) office building, and a hotel. The property is part of ALI’s plan to create sustainable mixed-use communities in the country’s major growth centers. Subic Bay Freeport Zone is one of the major trading and economic areas in Central Luzon. The company expects the development to generate about 10,000 jobs from construction to operations. FZA to keynote 21st Ad Congress; JAZA, Aquino at Asian Forum on CSR Ayala president and chief operating officer Fernando Zobel de Ayala will talk about the role of businesses in the country’s sustainable development when he gives the keynote address at the 21st Philippine Advertising Congress on November 18 at the Subic Bay Exhibition and Convention Center. JAZA and FZA will talk about sustainable business practices at the Asian Forum on CSR and Philippine Ad Congress Organized by the Advertising Board of the Philippines, this biennial event gathers thousands of representatives from corporate advertisers, creative agencies, and media publishers for a four-day conference and exhibition. FZA is the keynote speaker and honorary chair of this year’s ad congress, which has the theme, Perspectives: Ano Sa Tingin Mo? FZA will talk about corporate philanthropy and how it has evolved to use more strategic approaches that apply the discipline and the models of business in addressing development challenges. “Although we face severe social, economic, and environmental strains, we have the capability to reverse these. Businesses have a major role to play in this process and we are seeing this movement in massive and powerful ways globally and even here in the Philippines. Businesses are adopting more inclusive and holistic approaches and are finding financially viable ways to bridge social gaps,” he said. On November 19, Ayala chairman and chief executive officer Jaime Augusto Zobel de Ayala will be part of the opening plenary session at the Asian Forum on Corporate Social Responsibility (CSR). He will discuss the conference theme, Sustaining CSR in Difficult Times, together with Jörk Hartmann, executive director for private sector development of the German Technical Cooperation. On the second day of the Asian Forum on CSR, Ayala Land Inc. president Antonino Aquino will lead a special interest session entitled Case Study: A Land Developer’s Experience. The event will be attended by about 400 international and local delegates and is presented by the Asian Institute of Management Ramon V. del Rosario, Jr. Center for Corporate Social Responsibility. Manila Water expands to Boracay and Laguna, forges landmark joint venture with PTA, Laguna government Manila Water’s joint venture agreement with PTA will cover the water supply and sewerage needs of the entire island of Boracay. In photo are (from left) Ayala COO and Manila Water chairman Fernando Zobel de Ayala, Manila Water group director Virgilio Rivera Jr., PTA general manager Mark Lapid, and tourism secretary Ace Durano Manila Water continues to explore markets beyond Metro Manila’s east zone and recently signed a joint venture agreement with the provincial government of Laguna and the Philippine Tourism Authority (PTA) to develop and operate the water supply systems in Laguna and Boracay. Under the agreement, Manila Water’s newest subsidiary Laguna Water Company Inc. (Laguna Water) will develop and operate the water supply systems in Sta. Rosa City, Biñan, and Cabuyao. The subsidiary will be operating under a concession agreement (CA) framework patterned after Manila Water’s CA with the Metropolitan Waterworks and Sewerage System (MWSS) in 1997. Laguna Water, as agent and contractor of the provincial government, will have a 25-year exclusive right, renewable for another 25 years, to provide the water requirements for the three major Laguna areas. The provincial government will be the asset owner and franchisee, while the National Water Resources Board will set the tariff rates. Manila Water president Rene Almendras said that Laguna Water’s growth potential is “extremely high,” as Laguna is currently underserved with only 120,000 out of the total population of about 600,000 connected to an existing water network. The number of ongoing residential and commercial development projects in the province is also expected to drive the company’s sales growth over the next several years. Laguna Water has earmarked a comprehensive P2.5 billion capital infrastructure program for the next 10 years. The program will include pipeline replacements and the construction of water treatment facilities. The authorized capital stock of the joint venture is P500 million, 70 percent of which is Manila Water’s equity contribution. The provincial government of Laguna will contribute 30 percent. “We are happy and excited to have been given the opportunity to branch out to Laguna. The province has experienced sustained growth with the rapid development of commercial centers, modern techno parks, and expanding infrastructure development. We are confident that Laguna Water will be able to provide these areas with huge improvements, similar to what Manila Water is doing in the east zone of Metro Manila and Rizal province,” Laguna Water president Virgilio Rivera Jr. said. Manila Water also signed a joint venture agreement with PTA for the design, financing, construction, and operation of Boracay’s water supply and sewerage system, as well as the operation and maintenance of an existing drainage system. The Boracay agreement was touted as a pioneering and unprecedented public-private partnership as it is the first agreement under the terms and requirements of the 2008 National Economic Development Authority (NEDA) joint venture guidelines, which direct government-owned and controlled corporations such as the PTA in partnering with private companies. Manila Water will invest P1.2 billion in the joint venture, with P1 billion to be invested during the first 10 years. The project, which started in June 2009, is expected to initially generate 500 to 1,000 new jobs. News Ayala to hold sustainability summit Ayala’s first conglomerate-wide sustainability report details the specific steps that Ayala companies have taken to support the “3Ps” (people, planet, and profit) of sustainability Ayala Corporation strengthens its commitment to sustainable development by organizing the first Sustainability Summit on November 10. The first of its kind in the Philippines, the summit will gather experts from the country and abroad to discuss sustainable development challenges, and how best to respond to them. Through the summit, Ayala hopes to present compelling evidence on the necessity of integrating business operations with the need to serve the community and protect the environment. At the end of the whole-day event, Ayala aims to demonstrate how harmonizing principles of sustainability with existing business models is not only the right thing to do, but is also a wise and profitable business move. The summit will carry the theme Amplifying the Social and Environmental Impact of our Businesses in the Pursuit of our Economic Objectives, and will feature discussions on the “3Ps” of sustainability: profit, people, and planet. Lorenzo Tan of World Wide Fund for Nature– Philippines will talk about the impact of climate change on business; Edilberto de Jesus of the Asian Institute of Management will discuss education and competitiveness; and Arsenio Balisacan of the University of the Philippines School of Economics will tackle the role of entrepreneurship in the alleviation of poverty. The second session will look at how other countries have successfully responded to the call for sustainability. The speakers for this session are Olivier Kayser of the international nonprofit Ashoka and Albert Wong of Shell–Middle East and North Africa. The third session will feature the Ayala group’s pioneering efforts in applying the principles of sustainability to its business operations. Ayala Corporation senior managing director Jaime Ayala will detail the group’s economic, social, and environmental performance. This session will also feature the launch of Pioneering for a Sustainable Future, Ayala Corporation’s first group-wide sustainability report. In addition, the turnover of certificates of donation for Ayala’s 175KB Project will take place in this session, to be led by managing director John Philip Orbeta. The Sustainability Café will feature breakout sessions on various issues related to sustainability, and how they apply to one’s business. The Sustainability Café is divided into four major topics: improving profit and loss while helping sustainability; sustainability opportunities and business models; making philanthropy sustainable; and making a personal difference: what people can do to build a momentum for sustainability. Ayala Corporation chairman Jaime Augusto Zobel de Ayala and president Fernando Zobel de Ayala will deliver the event’s opening and closing remarks, respectively. The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 scraps, wood, and rusty nails. Quinto, a visual artist and educator, chose to recycle and remodel different kinds of materials like scrap fabric. Jimenez, on the other hand, used iron and metal scraps from the junk shops of Quezon City, Mandaluyong, and Antipolo. Arrogante created deconstructed brass and copper sculptures using radiator coils, circuit boards, and watch gears. Fun run for Mother Earth Designed by six top fashion designers, Eco Totes aim to raise environmental awareness among Ayala Malls customers The Greenology campaign concluded with Eco Dash, a fun run held on September 12 at the Bonifacio Global City. Over 3,000 runners joined the event, which had four categories—3-kilometer, 5-kilometer, 10-kilometer, and 21-kilometer distances. Ral Arrogante’s Tondo Condo 09 is made of metal scraps and aluminum wires Eco Dash was held in partnership with Bantay Kalikasan, Ayala Land Inc., and Globe Telecom. The event encouraged participants to donate at least one kilo of recyclable items like paper, aluminum cans, used printer cartridges, and PET bottles to get a P50 discount on registration fees. The collected recyclables were turned over to Bantay Kalikasan, while registration fees were donated to Children’s Hour and Bantay Kalikasan. Green exhibit. Art installations made of junk and PET bottles aim to promote recycling A dash to save Mother Earth. Over 3,000 runners participate in Eco Dash Ayala Malls fuses environmental consciousness with shopping Striking a balance between sustainable retail operations and exceeding customer expectations can be a daunting task. The Ayala Malls Group, however, has created programs that educate customers on environmental awareness and bring world-class Filipino craftsmanship to the forefront of the country’s retail industry. The group recently completed an environmental awareness campaign called Greenology, which included an art exhibit, a fun run, the launch of recyclable shopping bags, and a fashion event featuring clothes and accessories made from eco-friendly materials. Eco mode Ayala Malls’ idea of sustainable living was translated into recyclable bags called Eco Totes designed by six fashion designers from Greenbelt 5’s Filipino Zone. Louis Claparols, Michi Calica-Sotto, Vic Barba, Patrice RamosDiaz, Jun Escario, and Randy Ortiz created one-of-a-kind bags that were initially sold for P400 at the concierge of each Ayala mall. For every bag sold, P100 will be donated to the World Wide Fund for Nature and the designers’ chosen organization. The designers partnered with various groups in support of their advocacies. Barba chose Gift and Graces Fair Trade Foundation, an organization that provides product development and market access to marginalized communities. The sale of Escario’s bags, meanwhile, provided food, bedding, and toiletries to Gasa sa Gugma, a home for the destitute and dying elderly. Calica-Sotto, who created tote bags called Reusable Chic from old billboard tarpaulin, chose to support the environmental efforts of Earth Day Network. Claparols, who named his eco tote design Of Trees and Paws, supported the Philippine Animal Welfare Society (PAWS). Sales from Ortiz’s Green Foot Forward totes were donated to the shoemakers of Marikina City, Male and female first placers and the youngest and oldest runners in the event received electronic gift certificates from Ayala Malls, specialty store RUNNR, Chris Sports, and Fitness First. They also received prizes from Nike Park and Timex. Ayala Malls has successfully combined business strategies and sustainable philosophy in several proenvironment programs. Through the group’s solid waste management program and materials recovery facility, solid waste from its administrative offices and mall tenants are properly segregated and disposed or recycled into compost and bricks. Ayala Center, with partner Jeram Hauling Services, uses a closed-loop system where garden waste is reused as compost and soil conditioner through vermicomposting. Compost residues are mixed with cement, sand, and water to be used as paver blocks. The Ayala Recyclables Fair is held every Saturday in various Ayala malls to encourage people to sell used lead acid batteries; plastic, metal, and paper waste; and printer cartridges for recycling. while the sale of Ramos-Diaz’s totes went to Haribon Foundation’s Gift of Trees project, which aims to grow a million hectares of rainforest by 2020. Ayala Malls also collaborated with top local brands and stores in Greenbelt 5’s Filipino Zone by launching a clothing line made of environment-friendly and natural materials. Amina Aranaz fashioned clutches made out of old rice sacks, while Atelier Avatar’s earth-friendly accessories were made of bottle caps, aluminum can rings, plastic bottles, old magazines, and coconut husks. Cesar Gaupo, who also has a store in the Filipino Zone, created shoes using fabric instead of leather. Other stores opted to showcase pieces that use indigenous Philippine materials. Religioso used banana fiber; Myth featured clothes made of piña; and Azucar’s pieces were made of piña, piña-abaca, piña-silk, and abaca-cotton. A “green” exhibit On August 28 to September 11, Ayala Malls held simultaneous exhibits of art installations at Greenbelt, Market!Market!, Alabang Town Center, Glorietta, TriNoma, Bonifacio High Street, Ayala Center Cebu, and UP-Ayala TechnoHub. The exhibits aimed to increase environmental awareness among Ayala Malls patrons and encourage them to recycle aluminum cans and polyethylene terephthalate (PET) bottles. The art installations were created by Alma Quinto, Pete Jimenez, Mac Valdezco, and Ral Arrogante, as well as students from the University of the Philippines Diliman, University of the East, University of Santo Tomas, College of St. Benilde, Far Eastern University, Philippine Women’s University, and Technological University of the Philippines. The pieces were made mostly of used materials like plastic, scrap fabric, paper, iron and metal Green Line’s dresses and t-shirts are made of sustainable materials and indigenous fabrics News The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Ayala Malls, BPI outdo competition in international awards A global trade association, international financial magazines Euromoney and The Asset, and an organization of management executives— these are just some of the groups that recently honored Ayala companies for their outstanding performance and innovative projects. International publications laud BPI BPI recently led various international surveys and garnered distinctions from several leading financial and banking publications in Asia. BPI president Aurelio Montinola III (left) accepts the Best Bank in the Philippines Award from Alpha South East Asia publisher and CEO Siddiq Bazarwala during the Alpha South East Asia Awards BPI Asset Management was named best asset management company in the Philippines at The Asset’s Triple A Investment Awards 2009. BPI Asset Management’s pool of institutional and retail clients consists of 835 institutional accounts, including several government institutions and top corporations in the Philippines, and 46,000 individual clients. The BPI subsidiary represents a 22 percent market share in the Philippines’ asset management business, managing over P380 billion in assets. BPI wins 10 major recognitions, including best domestic bank, at the 2009 Asiamoney Awards The Asset magazine specializes in providing analyses and insights on how Asia’s leading companies raise and manage their capital, as well as the buying behavior of global investors in Asian markets. BPI also won 10 major awards including the best domestic bank award for 2009 at the Asiamoney Awards held on September 24 at the Hong Kong Jockey Club in Happy Valley, Hong Kong. Ayala Malls Group wins awards for marketing, development ventures The Ayala Malls Group won two gold awards at the International Council of Shopping Centers (ICSC) Asia Shopping Center Awards held on October 18 at the ICSC Asia Expo in Suntec City, Singapore. Greenbelt 5 bested 111 entries to win the gold award in the renovation or expansion of an existing project category, while Ayala Center Cebu’s Think Pink campaign won the top prize in the community relations– marketing category. The awards were presented by ICSC chairman Peter Sharpe and ICSC president Michael Kercheval to the Ayala Malls team comprised of senior vice president and Ayala Malls Group head Marivic Añonuevo, vice president and chief operating officer Rowena Tomeldan, and senior division manager and marketing head Cathy Bengzon. Greenbelt 5 was the latest addition to the Greenbelt redevelopment project. It houses a wide range of dining and retail choices. It also highlights Filipino craftsmanship and ingenuity in its Filipino Zone, a section of stores that showcase the creations of top homegrown designers like Randy Ortiz, Ivarluski Aseron, and Kate Torralba, among others. Ayala Center Cebu’s Think Pink campaign was a month-long series of activities that aimed to promote breast cancer awareness. The campaign, which was conducted in October 2008, highlighted the importance of having a healthy lifestyle through exercise and good nutrition. Some of Think Pink’s activities included a fun run, a golf tournament, a bowling tournament, a concert, and an empowering fashion show that featured cancer survivors as runway models. The award was based on a survey conducted among clients and banking institutions. BPI was voted the Philippines’ best local cash management bank, best domestic provider of foreign exchange (FX) services, best local cash management bank, and best domestic FX bank. The bank also received an award under the “poll of polls” category Ayala Malls bags two gold awards for Greenbelt 5 and Ayala Center Cebu’s Think Pink campaign at the ICSC Asia Shopping Center Awards. In photo are (from left) ICSC chairman Peter Sharpe, senior division manager and marketing head Cathy Bengzon, SVP and Ayala Malls Group head Marivic Añonuevo, VP and COO Rowena Tomeldan, and ICSC president Michael Kercheval Asiamoney Awards was organized by Asiamoney, a Hong Kong-based monthly magazine that publishes reports and analyses on financial and investment markets in Asia. Best bank and best trade finance bank honors from the Alpha South East Asia Awards also went to BPI. Alpha South East Asia is the first and only institutional investment magazine that focuses solely on the Southeast Asian banking industry. The selection of winners were based on the nominees’ profitability; shareholder returns; independent league table rankings; market share; transaction volume, size, and uniqueness of notable deals undertaken; the extent of banking innovation; case studies; and client testimonials. BPI Family Savings Bank (BFSB), meanwhile, received a special citation for being a franchise-friendly bank at the 10th Franchise Excellence Awards held on July 1 at Crowne Plaza Galleria Manila in Pasig City. The special citations were given to institutions and individuals who made significant contributions to support the Philippine franchising sector. BFSB received the special citation for its Franchise Financing Program, a micro, small, and medium enterprise development program for entrepreneurs. Orbeta named PMAP People Manager of the Year Ayala managing director JP Orbeta (third from left) displays his People Manager of the Year Award from PMAP. With him are PMAP president Grace Abella Zata (fourth from left) and PMAP directors The ICSC is a global trade association of the shopping center industry. It has more than 60,000 members in over 90 countries including shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials. The ICSC Asia Awards is an international competition that recognizes the industry’s most innovative properties, achievements in the design and development of retail properties, and creative responses to market trends. for registering a steady and remarkable performance in various banking fields for the last 10 years. Susan Manalo, managing director of BPI International Finance Ltd. (Hong Kong), accepted the awards on behalf of BPI. Ayala Corporation managing director and head of corporate resources John Philip Orbeta was awarded People Manager of the Year by the People Management Association of the Philippines (PMAP) on September 25 in Manila. services center for the Ayala group and is now a business process outsourcing firm that aims to provide HR solutions to companies in the Asia Pacific. PMAP awarded the program that created HRMall as People Program of the Year in 2008. PMAP cited Orbeta’s initiative to create the Ayala Group HR Council (AGHRC), which has been able to leverage resources, achieve greater efficiency in costs and work processes, and improve the quality of services to employees. One of the group’s HR programs led to the establishment of HRMall Inc., which began as a shared Prior to joining the Ayala group, Orbeta spent 19 years with the global consulting firm Watson Wyatt and Company, where he led its Human Capital Consulting Group and transformed its Philippine headquarters into one of the firm’s most successful country offices. News The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Ayala and Mitsubishi: Thirty-five years of enduring partnership continued from p.1 Text2Teach brings text-based education to 97 schools Text2Teach turns “nonsense texting technology to an educational texting technology.” These were the words of Department of Education regional director for Region I, Dr. Ligaya Soledad Miguel, during the eighth community launch of the Text2Teach project in 2009, held on September 30 in Villasis, Pangasinan. JAZA and FZA give Mitsubishi senior corporate adviser Shinroku Morohashi a gift to commemorate 35 years of Ayala–Mitsubishi partnership The celebration started with a series of business meetings between the chief executive officers (CEOs) of the Ayala group and their respective CEO counterparts at the Mitsubishi. The meetings focused on exploring areas for further cooperation along existing ventures as well as on identifying new platforms for joint collaboration. Not surprisingly, Ayala and Mitsubishi shared similar viewpoints on global trends and found common areas of interest in specific growth-oriented sectors, some of which presented immediate opportunities for joint collaboration. Ayala President Fernando Zobel de Ayala said, “It was important and timely for Ayala and Mitsubishi to engage in these strategic meetings as we expand and deepen our partnership moving forward. I thought the meetings were very productive and it reaffirmed the commonality in vision that has bound Ayala and Mitsubishi the past three and a half decades.” The Ayala–Mitsubishi partnership began in 1974 and led to many successful endeavors that include the Laguna Technopark Inc., the Honda and Isuzu Automotive dealerships, Integrated Microelectronics Inc., and most recently, Manila Water Company. The celebration culminated with a simple cocktail reception held at the Mitsubishi headquarters which was attended by Ayala delegates headed by Ayala chairman and CEO Jaime Augusto Zobel de Ayala, and president and COO Fernando Zobel de Ayala. Other representatives from Ayala included Delfin Lazaro, Gerardo Ablaza Jr., Jaime I. Ayala, and Eric Francia as well as group CEOs Antonino Aquino, Aurelio Montinola III, Rene Almendras, Arthur Tan, Rufino Luis Manotok, and Charles Cosgrove. The event was hosted by top Mitsubishi executives led by current chairman Mikio Sasaki, president Yorihiko Kojima, and senior corporate advisers Minoru Makihara and Shinroku Morohashi. Top executives of both companies exchanged simple tokens and words of gratitude during the ceremony that commemorated an enduring partnership built on trust, mutual respect, and commitment to a shared vision. The event put the total number of recipient schools of the project’s second phase at 97 since its implementation in March 2009. Text2Teach has reached public elementary schools in Vigan and Candon in Ilocos Sur; Tuguegarao in Cagayan; Ilagan and Santiago City in Isabela; Urdaneta and Villasis in Pangasinan; and La Trinidad in Benguet. Launched in 2003, Text2Teach is the local counterpart of the BridgeIT program, a global multisectoral alliance composed of Nokia, the United Nations Development Programme, International Youth Foundation, and Pearson, an international media company. Text2Teach aims to improve the learning competencies of grade five and grade six students, and enhance the quality of teaching in public elementary schools in the Philippines through interactive, multimedia learning tools. Through the Philippine Text2Teach Alliance composed of Ayala Foundation Inc. (AFI), Nokia, Globe Telecom, and Southeast Asian Ministers of Education Organization–Regional Center for Educational Innovation and Technology (SEAMEO-Innotech), more than a million students from 203 schools all over the country have benefited from the program’s first phase, which was implemented from 2003 to 2007. Nokia transferred the national project management of Text2Teach to AFI in 2007. AFI was tasked to mobilize partner resources, raise funding from the public sector, and provide helpdesk and technical support to recipient schools. With a grant from Nokia, technology support from Globe, and SEAMEO-Innotech’s commitment to facilitate teacher training, AFI started to implement the second phase of Text2Teach in March 2009. The second phase uses a clustering approach by working with the municipality or district. This strategy made it easier to get the support of the local government units and the community, allowing for greater operational efficiency, and for the program to move on a larger scale. Between March and September 2009, SEAMEO-Innotech trained about 600 school heads, teachers, and school officials, benefiting almost 18,000 grade five and grade six students. Text2Teach aims to reach more than 350 schools before the second phase ends in 2011. The implementation of Text2Teach’s second phase not only demonstrates how mobile technology can be used for education, but also how the private and public sectors can work together in bridging the educational and digital gap in the country. Engaging the public sector to invest in the partnership helps secure the sustainability of the program. Text2Teach uses 3G-enabled devices such as the Nokia N95 8GB, equipped with an application called Nokia Education Delivery. The application allows teachers to access 387 educational videos on Math, Science, and English that have been specifically created for the project. These videos provide teachers with highly effective visual aids and an opportunity to create an interactive, student-focused learning environment in the classroom. The project also distributes teacher’s guides, which are based on the DepEd-approved basic education curriculum. Top executives and managing directors from Ayala and Mitsubishi pose for a group photo in celebration of the two companies’ successful partnership Ayala and Mitsubishi executives toast to 35 years of successful partnership The Text2Teach Alliance aims to bridge the educational divide in public elementary schools in the Philippines through short message service (SMS) technology News Introducing: The modu phone Smaller than a credit card and weighing less than 1.5 oz (about 40 grams), the modu phone is now in the Philippines exclusively from Globe Telecom. Globe introduced another must-have for Pinoy technophiles and consumers when the company partnered with Israel-based modu Ltd. to launch the modu phone, the world’s lightest fully-functional mobile phone with text and call capabilities, and audio playback. The Philippines is among the first countries to launch the modu handset. The modu phone is packed with multimedia features such as music playback, mass storage, and 2GB internal memory. One major feature of the phone is the interchangeable modu jackets or fashionable phone enclosures that change the look and style of the handset. The modu phone is free with a postpaid Plan 1200 subscription. Globe Telecom president and CEO Ernest Cu considered the partnership with modu Ltd as a marketing coup and a key strategic move. “At Globe, we are committed to always putting the customer first and doing everything in our power to delight the Globe user. modu Ltd for its part has shown an astute understanding of what makes our customers tick. The modu phone, with its unique approach to personalization, is proof positive. We are confident this leading-edge partnership will bring new value to a market that continues to grow with sophistication and has discerning tastes,” Cu said. modu founder Dov Moran (left) and Globe CEO and president Ernest Cu show the modu phone, the lightest fully-functional mobile phone in the world and now one of Globe’s exclusive mobile handset offerings Online shopping gets safer, more convenient Online shopping in the Philippines moved up a notch as Globe introduced GCash Click, a pioneering payment facility in online retail. Partnering with Delbros Inc., a logistics company that provides warehousing and distribution services worldwide, GCash Click integrates online payment via SMS and facilitates the payment and delivery of goods bought online. GCash Click takes care of both buyer and seller by keeping them aware of the transaction in progress, having them agree to each party’s terms and conditions, and delivering the goods after the transaction is finalized. This online tool in mobile commerce (m-commerce) also ensures shopping security through a protection system called SafeShopper. Through SafeShopper, GCash Click is able to give added security as it temporarily holds the buyer’s payment until the purchased item has been delivered. Moreover, buyers are assured that they only pay for an item after delivery and inspection. Buyers get to open and inspect the package and confirm acceptability or return it to the seller. The seller is also assured that the product is picked up for delivery and that the deal is sealed once the buyer accepts the product. And because sellers deserve as much protection as the buyers, returned items are also given additional protection during delivery. Anyone shopping on Multiply, eBay Philippines, auction.com, sulit.com, and other Philippine online shopping sites can use GClick by simply logging on to http://gcashclick.delbrosonline.net. Globe introduces innovative services, products Broadband products with more functions and new, Stay in touch with clients with ONECall Providing innovative business solutions that meet the needs of companies and small and medium enterprises (SMEs), Globe Business developed ONECall—the first and only virtual trunkline service in the country. colorful designs, a pioneering online payment facility and virtual trunkline, and the world’s lightest mobile phone—these are some of Globe Telecom’s ONECall connects people through their mobile phones using only one landline number. It combines the functionality and power of a private branch exchange (PBX) phone system with the reach and flexibility of a mobile phone. The service transforms an existing Globe mobile phone account into a business phone system through a virtual trunkline where all the extensions or local numbers are connected to mobile phones. Upon subscription to the service, the subscribing company will get a ONECall landline office number that connects the employees’ mobile phones to a web-based switchboard functioning as a high-end telephone system. Calls to the ONECall number will either be routed to a customized recorded voice message, an Interactive Voice Response (IVR), or a receptionist. Calls can then be transferred either to employees’ mobile phones or to call groups that the company has set up. “With ONECall, the company’s whole staff can stay accessible to clients, and the clients need only one number to remember. Unlike traditional phone systems that demand an upfront investment, ONECall does not charge the handset owner or the company any hardware, software, cabling, or installation fees. Maintenance fees likewise do not exist,” Globe business corporate and SME segments head Manny Aligada said. GCash Click, launched on August 12 at the Makati Shangri-la Hotel, was developed to make online shopping a breeze. In photo are (from left) GXchange Inc. (GXI) president Rizza Maniego-Eala, GXI technical head Joanne Avendañno, GXI marketing head Richie Sison, Delbros vice president for operations Michael Concepcion, and Delbros chief information officer Bong Saculles latest offerings to up the ante in the country’s mobile phone and broadband market. The new Globe Tattoo SIM comes in four hip designs Get Tattooed Globe released a new prepaid SIM called Globe Tattoo that allows users to call, text, and browse the Internet through mobile phones and laptops at a speed of 2Mbps. The SIM comes with 25 free pre-loaded SMS credits, and ImmortalTxt service, the country’s first SMS service with no text expiry. ImmortalTxt gives Globe Tattoo and Globe prepaid subscribers 50 free texts to Globe and TM, and 10 texts to other networks for only P10. The Globe Tattoo SIM is priced at P40 and comes in four pop art designs. Overseas calls made easy and affordable Globe also continued to launch products that help keep overseas Filipinos connected with their families and friends in the Philippines. Its new IDD Suki card is the first and only international direct dialing (IDD) load that can be bought at any retailer, whether at a sari-sari store, grocery, canteen, or market stall. Two IDD Suki packages are available: IDD Suki 20 allows a user to make a call to the United States, Canada, Hong Kong, Taiwan, or Singapore for five minutes for only P20. IDD Suki 30, meanwhile, is priced at P30 for a three-minute IDD call to Saudi Arabia, United Arab Emirates, or Kuwait. “Compared to other IDD promos, IDD Suki is easy to use. There is no need to dial prefixes, prepaid call numbers and PINS, or listen to a recording. And since it is readily available in sari-sari stores, there is no need to go far to avail of this IDD promo,” Globe segment business head for overseas Filipino communities Alan Supnet said. Globe also partnered with Macau telecom provider Companhia de Telecomuniciónes de Macau (CTM) to launch a SIM card for Macau-based Filipinos. Globe ONECall, developed by Globe Business, aims to boost customer services and business operations by routing all incoming calls to employees’ mobile phones. In photo are (from left)Globe Business head for professional services and new business Chris Cheng, Globe Business marketing head for corporate and SME segments Ailene Averion, Globe Business corporate and SME business group head Manny Aligada, and Globe Business head Gil Genio The Globe-CTM BEST Kababayan Prepaid SIM offers the cheapest IDD rate from Macau to Globe and TM in the Philippines at only Macau pataca (MOP) 1.69 per minute. It also offers international text messaging to Globe and TM subscribers in the Philippines for only MOP0.65 per text. With the new IDD Suki Card, overseas Filipinos get to stay connected with their loved ones back home with greater ease 10 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Marquee Mall, Ayala Malls’ newest lifestyle hub, opens in Pampanga continued from p.1 “MarQuee Mall will have the usual elements that ALI is known for—high-quality merchants, superior dining experience, a dynamic civic park, entertainment offerings, and more,” said Ayala Land president Antonino Aquino at the soft opening of the mall on September 23. Ayala Corporation and ALI executives led by Jaime Augusto and Fernando Zobel de Ayala, Angeles City mayor Francis Nepomuceno, and merchant partners of MarQuee Mall attended the event. MarQuee will be home to up to 480 retail shops, fast food outlets, casual-dining restaurants, cafes, a supermarket, and four digital cinemas. There are zones for kids and teens, home and wellness, and information technology. Some of the biggest franchise names in retail such as Bench, Kamiseta, Bayo, Kashieca, Human, Penshoppe, and Folded and Hung are set to open shop in MarQuee. International brands like Aldo, Nautica, Iora, Naturalizer, Samsonite, Marks & Spencer, Lacoste, Aerosoles, Nine West, Beauty Bar, Charles and Keith, The Body Shop, Swatch, and Travel Club have also partnered with the mall. MarQuee Mall also features junior anchor stores of True Value, Abenson, Toys R’ Us, Saizen, and Wilcon Home Essentials. Fusing the familiar with the fresh The mall merges Ayala Malls’ signature events like cultural shows, concerts, and exhibits with regional themes. It has an activity center, a children’s playground, and a half-hectare garden that serves as a civic plaza for outdoor activities and community events. The festive, al fresco experience is enhanced by art installations and interactive water features. A section of the mall’s garden is planted with rice, an homage to Central Luzon as the “Rice Bowl of the Philippines.” “Ayala Malls designed MarQuee with dynamism and innovation to provide convenience for loyal patrons and customers,” explained ALI senior vice president Marivic Añonuevo. MarQuee Mall was developed to become Central Luzon’s premier shopping and dining center The Ayala Malls team troops to Angeles City to celebrate the opening of Marquee. In photo are (from left) TriNoma senior division manager Mark Sablan, business development and strategic planning head Cora Dizon, Ayala senior managing director Mercedita Nolledo, senior vice president and Ayala Malls Group head Marivic Añonuevo, ALI president Antonino Aquino, Fernando Zobel de Ayala, Jaime Augusto Zobel de Ayala, vice president and chief operating officer Rowena Tomeldan, and assistant vice president Javi Hernandez The activity center is an excellent venue for cultural shows and family activities Pasalubong stores carry Central Luzon delicacies as well as favorite treats from other regions Bulletin Board To reduce energy requirements, ALI installed roof clerestories that allow in natural light during the day from the city’s central business district and a 30-minute drive from the Diosdado Macapagal International Airport. A mini ricefield in front of Marquee is ALI’s homage to Central Luzon’s main livelihood crop The development is right in the middle of Central Luzon’s growing urban communities and is considered a gateway to the Clark Freeport Zone. Pampanga is one of the most progressive provinces in the region, and Angeles City, in particular, is surrounded by commercial and educational institutions. Other urban centers such as San Fernando and Olongapo are also nearby. Marquee Mall has four digital cinemas MarQuee’s water installations enhance the landscape’s al fresco feel Overhead bridgeways were built to ease foot traffic to and from the mall MarQuee also showcases Kapampangan cuisine with homegrown restaurants such as Aling Lucing’s Sisig, Susie’s Cuisine, Ikabud, and Kabigting’s Halo-Halo, alongside popular Manila-based dining spots such as TGI Friday’s, Italianni’s, Flapjacks, Red Kimono, Sumo Sam, Krispy Kreme, Tokyo Tokyo, Yellow Cab, and Cyma. “It has a very nice geographical presence. People who go on road trips can stop by if they want to have a break or want to try Kapampangan food. They can eat there and buy pasalubong,” said Aquino. “It’s not just our objective to offer people the chance to enjoy the lifestyle of Pampanga in our mall; we want to give opportunities to the entrepreneurs in that locality.” Suyen Corporation owner Ben Chan with Bench’s Suyen Lim, Bryan Lim, and Ver Lim Major hub in Central Luzon Sprawling over 9.3 hectares, MarQuee Mall is the centerpiece of Marquee Place, Alveo Land’s 53-hectare residential community development project in Pampanga. The mall is located along FG Nepomuceno Road, near the Angeles City exit along North Luzon Expressway (NLEx) and the city hall. It is a 15-minute drive More than just a shopping center, MarQuee Mall is also poised to become a major regional transportation hub when it opens a transport terminal for buses, jeepneys, taxi cabs, and tricycles. The development of the Subic-Clark-Tarlac Expressway (SCTEx) reinforces the convergence concept for MarQuee Mall. It is expected to be a major stop for residents and tourists en route to the nearby provinces of Zambales, Pangasinan, Bataan, Nueva Ecija, and Tarlac. To prevent heavy traffic in the area, ALI widened FG Nepomuceno Road from two to four lanes. Overhead bridgeways were also constructed, and entrances to parking lots were planned to ease vehicular traffic in and out of the mall. ALI is also working with the local government to improve the area’s drainage. Sustainable features Sustainability practices have been integrated into the mall’s development and operations. Permeable paver blocks, which allow rain water to seep through and help replenish ground water, were used. Roof clerestories were installed in several sections of MarQuee to allow in natural light and reduce energy requirements during the day without significantly increasing the mall’s cooling load. Floor tiles used in some sections of the mall were made of 40 percent recycled material. A materials recovery facility was also set up to sort, recycle, and properly dispose solid waste. MarQuee Mall also has provisions for a tertiary water treatment plant that will reuse effluent water from its sewerage treatment plant for air-conditioning and irrigation. “Maintaining world-class facilities is part of our commitment to provide topnotch lifestyle experience for our loyal patrons,” said Aquino. The grand opening of MarQuee Mall will be held in January 2010. 12 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 CENTEX obtains US embassy grant for its English program The Center of Excellence in Public Elementary Education (CENTEX) recently started a two-year English language learning program for 30 of its graduates who are now in third-year high school. The learning program, called English Access Microscholarship Program (Access Program), is an initiative of the US Embassy in the Philippines and the US Department of State. The US state department, through its Educational and Cultural Affairs Office, provided CENTEX with about $34,000 to support 30 Access scholars. The Access Program was launched on August 8 at the CENTEX-Manila campus, and was attended by Martha Buckley, cultural affairs officer of the US Embassy. graduates and 15 CENTEX-Batangas graduates meet for three hours in their respective CENTEX campuses on selected Saturdays to study the geography, history, and culture of the United States and compare them with the Philippines to understand their identity and the nation in general. CENTEX continues to foster the intellectual and social growth of its graduates by partnering with educational institutions. It currently supports 44 of its graduates studying in four partner high schools in Manila and Batangas: Sta. Isabel College in Manila; St. Bridget’s College in Alitagtag, Batangas; Bauan Technical High School in Bauan, Batangas; and the University of Santo Tomas (UST) High School in Manila. The learning program aims to improve the students’ level of proficiency in English, especially in written and oral communication. It also aims to increase the students’ confidence and strengthen their critical thinking skills through student-centered activities. Content-based instruction focusing on the five Cs of language learning (communication, cultures, connections, comparisons, and communities) is used to deliver the lessons. The Access Program allows the scholars to study English for two years in after-school classes and through intensive summer activities. Fifteen CENTEX-Manila The Access scholars are currently gearing up for the second phase of the program. On September 18, the students visited the US Embassy, Filipinas Heritage Manila Water strengthens water supply reliability in Quezon City and Rizal with new reservoirs Binangonan Sanggunian Bayan secretary Epifanio Fleicilda (fourth from left) prepares to lower the time capsule during the inauguration of the Eastridge Reservoir. With him are (from left) Pasig area business manager Marvin Panday, PDG head Ding Carpio, Manila Water mascot Pat Tubig, Prime East COO John Asuncion, Manila Water president Rene Almendras, and Prime East AVP Jeanette Asuncion To ensure that Metro Manila’s East Zone residents get uninterrupted water supply, Manila Water Company constructed reservoirs in Balara, Quezon City and Binangonan, Rizal. On August 20, Manila Water president Rene Almendras together with Quezon City government officials led the inauguration of the new 25-million-liter Balara Reservoir. Constructed by First Balfour Inc., the P136.53-million facility augments the company’s existing 19-million-liter reservoir. With the new reservoir, Manila Water increased its Balara Pumping Station’s storage capacity to ensure 24-hour water availability and reliability in the Balara business area. Although the Balara Reservoir is one of Manila Water’s biggest reservoirs, Project Delivery Group (PDG) project manager Zosimo Pabua said the facility was still completed on time and within the allocated budget without sacrificing the safety and quality of the structure. The reservoir can hold water equivalent to 10 Olympic-sized swimming pools. Also present during the inauguration were PDG head Ding Carpio, Manila Water CFO Chito Oreta, First Balfour chairman Fiorello Estuar, Quezon City councilor Bolet Banal, Rotary International District 3780 governor Dulce Coyukiat, Balara area business manager Selwyn Cabaluna, Cubao area business manager Beth Cruz, and projects department head Litz Orodio. Meanwhile, Manila Water and Prime East Properties inaugurated the 10-million-liter Eastridge Reservoir in Binangonan, Rizal on July 27. The reservoir, which was constructed in a 5,000-square-meter lot donated by Prime East, is expected to serve several elevated areas in Binangonan. The inauguration was attended by Prime East chief operating officer John Asuncion, Prime East assistant vice president Jeanette Asuncion, Manila Water president Rene Almendras, Manila Water PDG head Ding Carpio, and Pasig area business manager Marvin Panday. The event culminated with the lowering of a time capsule that contained specific plans for the reservoir. Through a $34,000-grant from the US embassy, 30 CENTEX graduates who are now third-year high school students will be able to improve their proficiency in oral and written English Library, and the Ayala Museum as part of their first major activity. They interacted with native English speakers at the embassy and learned about the experiences of Filipino and American soldiers during the Second World War. They also accessed library and museum resources to learn more about Philippine culture, art, and history. Apart from the classes and exposure trips, CENTEX was able to purchase audio equipment, books, and other reference materials through the grant. All these will be officially turned over to CENTEX after the two-year program. The school aims to sustain the program and expand it to benefit more students, and to provide training for teachers as well. BPI signs joint venture agreement with Greenfield Development The Bank of the Philippine Islands (BPI) and Greenfield Development Corporation have signed a joint venture agreement which allows Greenfield to develop BPI’s 17-hectare property in Sta. Rosa, Laguna into a first-class residential subdivision. Based on the agreement, Greenfield will handle construction as well as project management, marketing, and sales. The joint venture will focus on the property’s horizontal development, which includes setting up drainages, installing water and power utilities, and paving roads and sidewalks. The joint venture agreement was signed by Greenfield chairman and president Jeffrey Campos, BPI president and CEO Aurelio Montinola III, Greenfield vice chairman Mariano John Tan, BPI senior executive vice president Gil Buenaventura, Greenfield executive vice president and general manager Duane Santos, Greenfield senior vice president Geocel Olanday, BPI Family Savings Bank (BFSB) president Alfonso Salcedo, and BFSB senior vice president Yvonne Lih. News CHI’s carbon footprint tracker: Environmental awareness simplified AFI lecture reviews energy-efficient practices, introduces new alternative To motivate building administrators from the Makati Central Business District (MCBD) to support Ayala Foundation Inc.’s (AFI) environmental projects, the foundation organized a lecture for building administrators from the MCBD on September 18. The lecture, conducted through AFI’s CHI’s sustainability team tests the customized personal emission tracker during a staff meeting. In photo are (from left) control and analysis manager Noel Alicaya, corporate communications manager Vera Alejandria, technical services group manager Levi Lopez, construction management division supervisor Gauss Alejandria, sustainability officer Elson Homez, and corporate communications officer Jeanette Japzon Cebu Holdings Inc. (CHI) further strengthened its commitment to sustainable development by creating a customized worksheet—the first of its kind in the Philippines—that would allow CHI employees to keep track of their monthly carbon footprint. A carbon footprint is the total set of greenhouse gas (GHG) emissions resulting from an organization’s use of machines or implementation of a task or an activity. According to CHI, existing webbased carbon footprint trackers have standardized computations that may oversimplify or exaggerate results and inaccurately reflect the amount of emissions in a particular area. Based on the Global Reporting Initiative (GRI) standards, CHI created a simple Excel worksheet to arrive at more precise results that reflect local conditions here in the Philippines. The worksheet computes personal carbon emissions based on four major factors: electrical consumption, use of land and air transportation, and consumption of liquefied petroleum gas (LPG). Monera encouraging employees to set a target using the worksheet. He said by computing individual carbon footprints, everyone will be aware of their impact on the environment and would be more mindful of using resources at the office and at home. To help CHI plan for the program’s next steps, all employees should be able to submit quantifiable carbon footprints by the end of the year. In 2010, the company plans to set guidelines and offer helpful tips on how employees can manage and reduce their carbon footprint. CO2 The company used specific and established emission factors in computing for individual carbon footprint. For electricity emission, CHI used the emission factor for the Visayas grid instead of the aggregate factor for the Philippines to get accurate results. This is because different areas in the country use different energy sources, and therefore have varying GHG output. Land transportation emission was based on fuel-based computation to factor in the area’s traffic conditions, while emission for air transportation was calculated based on GHG Protocol. GHG Protocol is the most widely used accounting tool to quantify and manage GHG emissions. LPG emission, computed using the established Intergovernmental Panel on Climate Change (IPCC) methodology, was based on a standard 11-kilogram LPG tank. The CO2 emission computation worksheet was presented on July 29 during a staff meeting, with CHI president Francis CHI started its journey toward sustainable development when it acquired certifications for its integrated management systems. The company acquired an International Organization for Standardization (ISO) 9001:2000 certificate for its quality management system, an ISO 14001:2004 certificate for its environment management system, and an Occupational Health and Safety Advisory Services (OHSAS) 18001:2007 certificate for its occupational health and safety management system. ISO 14001:2004 requires the company to improve its pro-environment projects and establish an environmental policy, while ISO 9001:2000 guides the company in improving its products and services. OHSAS 18001:2007 guides the company in identifying risks and hazards that might affect its employees’ performance and output. In 2007, the company adopted a triplebottom-line approach to performance reporting using the GRI Third Generation (GRI G3) reporting standards. Green Resources for Environmental GREEN program manager Adelia Licos updates MACEA building administrators on the SWM program’s progress Education and Networking (GREEN) program, served as a venue to review the importance and benefits of energy efficiency. Adelia Licos, manager of the GREEN program, began the session by updating MCBD building administrators on how AFI’s solid waste management (SWM) program has been faring. According to Licos, as much as 800 tons of recyclables have so far been recovered from participating buildings. This, she reported, translates to more than 2,000 cubic meters of free landfill space. Given the continuing threat of climate change, AFI has branched out to other areas of environmental advocacy. Through GREEN, AFI aims to come up with projects that campaign for clean air and promote energy efficiency and water conservation practices. Earlier this year, AFI, in cooperation with the Makati Commercial Estate Association, Bank of the Philippine Islands, and International Finance Corporation, conducted a study on energy efficiency. The study, which involved 52 buildings, aimed to assess the energy performance of the structures, with special focus on their cooling and lighting systems Understanding a property’s energy performance would help the building administrators develop strategies to reduce energy consumption, which would lead to lower energy costs and lower greenhouse gas (GHG) emissions. Some of the suggested strategies included replacing or retrofitting ventilation and airconditioning systems as well as lighting fixtures to help lower each building’s electric bill by 15 to 53 percent. These changes in building operations could help the buildings save up to P210 million in energy costs every year. Meanwhile, Zarky Pilapil of Endesa Carbono, the largest electric utility in Spain, discussed the principles behind the Clean Development Mechanism (CDM), an agreement under the Kyoto Protocol that allows developed countries to finance GHG emission-reduction projects in developing countries. Certified emission-reductions (CERs) or carbon credits are issued for every reduction in GHG emissions. These CERs can also be traded for cash under the Emissions Reduction Purchase Agreement (ERPA), a transaction that transfers carbon credits between two countries or between a country and a company. The prospects of earning as a result of GHG emission-reduction is a way to encourage building administrators in the MCBD to participate in AFI’s energy efficiency program. If the reductions are significant enough to qualify as a CDM project, the buildings would be able to earn extra cash, on top of their savings in energy costs. MACEA building administrators learn more about energy efficiency and GHG emission-reduction during the GREEN lecture 14 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Ayala Land facilitates leadership training seminar in Calamba Over 150 coops attend Globe’s first agricultural entrepreneurship fair in Isabela Ayala Land vice president and NUVALI general manager Jun Bisnar (standing, sixth from left) poses with sitio heads and other officials of Barangay Canlubang who participated in a workshop on effective leadership and good governance Ayala Land Inc. (ALI) deepened its commitment to sustainable community stewardship further when it held a one-and-a-half day workshop on effective leadership and good governance for the leaders of Barangay Canlubang in Calamba, Laguna, where much of NUVALI, ALI’s 1,700-hectare flagship sustainable development project, is located. The workshop was the first in a series of activities slated in the coming months as part of NUVALI’s Alay sa Komunidad initiative, ALI’s corporate social responsibility (CSR) program in the area. Other scheduled activities of Alay sa Komunidad include medical missions, employment and livelihood programs, outreach programs, and environmental awareness education. The workshop was organized with the help of Canlubang barangay captain Eric Manaig and barangay treasurer Joven Licuanan, and was attended by several barangay kagawads and officials as well as 21 sitio chairmen. During the workshop, ALI vice president and NUVALI general manager Jun Bisnar talked about the company’s shared goals of economic and environmental development with the barangay. He spoke about ALI’s commitment to drive forward systematic and effective governance to achieve the said goals. He also pointed out the value of good governance as a solid base where opportunities are planted, grown, and shared with more people. Bisnar also cited the livelihood opportunities for the residents of Barangay Canlubang, which can only be realized through an effective partnership between the company and the local government. Charcoal making and the cultivation of malunggay plants and bamboo are some of the livelihood programs being set up for the barangay. Malunggay production is a growing industry in the Philippines. Malunggay leaves are used as a food additive, while its seeds yield cooking oil and are also used in cosmetics. Jan Bengzon, ALI’s head of external affairs, expressed his appreciation for the barangay’s encouraging support for the activity, which “aligns Ayala Land’s goals with the barangay’s goals for a common understanding that should benefit the people and communities we both serve.” ALI partnered with the Ateneo de Manila University (ADMU) School of Government for the workshop. The sessions, facilitated by ADMU’s associate dean Dennis Gonzales, discussed topics like situational analysis and development perspectives; local governance and the Philippine local government code; and strategic thinking and planning toward operational efficiency and accountability. On the second day of the workshop, Tony La Viña, dean of the ADMU School of Government, talked about the principles of effective leadership. He said that to realize reform at the national level, it is important that competent and responsible base leaders who deliver the most basic of services to the communities are well trained. ALI organized the activity to further enhance the management skills of local government leaders and provide communities with a governing body that works efficiently and effectively. Through this training program, ALI equipped barangay leaders with skills in development planning, resource mobilization, and performance management. Members of RIC Paraiso Cooperative, here with Globe BridgeCom representatives, proudly display the farm plower they won during a raffle at the first Globe BridgeCom Agri Entrepreneurship Fair Globe through its corporate social responsibility arm, Globe Bridging Communities (Globe BridgeCom), in partnership with Colayco Foundation and the provincial government of Isabela, conducted the first Globe BridgeCom Agri Entrepreneurship Fair at the Provincial Capitol Ampitheater in Ilagan, Isabela on June 30. Over 800 members from 156 agricultural cooperatives participated in the event. The Agri Entrep Fair was part of Globe’s Enterprise Development Program under Globe BridgeCom. During the fair, organizers encouraged microentrepreneurs to re-evaluate their business skills, small business operations, and financial management with the help of resource speakers from the Asian Institute of Management. In addition, Globe BridgeCom invited resource speakers to give demonstrations and share inspiring stories to give the participants new and viable business ideas. Farmers and coop members were also given seminars on how to manage their personal finances, develop their TV host Marc Logan (right) facilitates a panel discussion entitled Sa Agrikultura, May Asenso! Guest panelists include (from left) agri businessman Heherson Pagulayan, Isabela provincial agriculturist Danny Tumaliuan, Colayco Foundation’s Armand Bengco, and agri-business experts from the University of the Philippines-Los Baños Prof. Jimmy Williams and Dr. Reynaldo Tan agricultural products, and manage their farming operations. Isabela governor Grace Padaca said the provincial government is proud to partner with Globe BridgeCom in working for the province’s entrepreneurship development. “I am very glad that my fellow Isabelinos are beneficiaries of this partnership with Globe. I hope this will be the start of the economic development in the province,” she said. Currently, over 8,000 micro-entrepreneurs, business management students, and cooperative members have benefited from Globe’s Enterprise Development Program. Ayala Cares Ondoy and Pepeng aftermath: Compassion overflows When typhoon Ondoy struck Metro Manila and Central Luzon on September 26, no one was spared. However, the devastation it caused brought out the best in Filipinos—selfless, supportive, and ready to lend a hand. At Ayala, officers and employees reached out to the victims by volunteering to repack and distribute relief goods, and donating cash and other basic necessities. Globe president Ernest Cu helps distribute basic necessities to typhoon afflicted residents Over 600 Globe employees volunteer to repack relief goods for evacuation centers in Marikina and Rizal The destruction brought by typhoon Ondoy was one of the worst that hit Metro Manila in recent years IMI employees who were affected by typhoon Ondoy receive relief goods at the company’s Laguna plant Within two days after Ondoy struck, Ayala companies have organized relief efforts to assist their affected employees as well as displaced families in evacuation centers. The companies were able to raise more than P14.5 million in cash and collected about P2 million worth of in-kind donations. More than 1,500 volunteers from various Ayala companies went straight from their offices to relief centers to help pack relief goods for distribution. About 1,300 bags of relief goods, meanwhile, were distributed among typhoon-affected Globe employees. Manila Water employees, on the other hand, were given relief kits containing food, medicines, and drinking water. BPI also sent relief goods to affected employees living in Marikina, Cainta, Pasig, and Camanava (Caloocan, Malabon, Navotas, and Valenzuela) area. Honda Cars Makati Inc. (HCMI) provided calamity loans for its employees and fast-tracked the early release of 13th month pay of all employees. While most employees volunteered and helped coordinate relief efforts, Ayala Technology Business Incubator’s Romulo Valientes, who is also the manager of the Manila dragon boat team, organized his team to rescue people in flooded areas. They used traditional boats and inflatable boats to conduct rescue operations. Bayanihan at Ayala Ayala companies did not have a shortage of employee volunteers. More than 1,500 employees from Ayala Land Inc., Bank of the Philippine Islands, Ayala Foundation Inc., Help starts at home Donations poured in for about 1,500 employees of Integrated Microelectronics Inc. (IMI) who were affected by typhoon Ondoy. Cash donations amounting to P352,133 as well as groceries and clothes were distributed to the affected employees. Ayala Systems Technology Inc. (ASTI) immediately attended to the needs of its staff who were affected by the typhoon. By September 29, relief goods were sent to the most affected employees living in Pasig, Cainta, and San Mateo, Marikina. Calamity loans with flexible terms were also extended to help them recover from the tragedy. Ayala Properties Management Corporation (APMC) executives mobilized a crisis management team to provide assistance to typhoon-affected employees. The company also distributed relief goods in Metro Manila evacuation centers, and its employee donations reached a total of P110,000. BPI employees offer to use their own cars to bring relief goods to evacuation centers Globe, and Manila Water volunteered to repackage and deliver relief goods to relief and evacuation centers. About 640 volunteers from Globe helped in relief operations while other employees raised P211,488.25 in cash and check donations, and through G-Cash remittance. The telecom company distributed 10,000 packages of relief goods to evacuees in Rizal, Marikina, Muntinlupa, and Biñan, Laguna. To help the typhoon victims contact their relatives in the provinces, Globe set up Libreng Tawag stations and provided P200,000 worth of prepaid credits. The company also set up communication support for disaster relief organizations. Globe also provided 50 SIMs to Nokia’s free call booths; 10 mobile phones to the Department of Health command center; Globe Broadband Tattoo units and cellphone loads to Ateneo de Manila University’s relief operations; and P15,000 worth of prepaid credits to the Philippine National Red Cross (PNRC) Rizal Chapter. Globe’s Donate-a-Load service, which accepts donations from Globe subscribers, collected more than P2.5 million for the PNRC. In addition, GCash remittance service waived transaction charges from September 29 to October 5 to facilitate remittances of overseas Filipinos to their families and friends in the Philippines. Manila Water volunteers, on the other hand, went to relief operations in Rizal, Marikina, Pasig, Bulacan, Novaliches, Quezon City, Valenzuela, Makati, Mandaluyong, Caloocan, and Pasay. The water company also distributed thousands of special water cups sealed with clean drinking water. The water cups are different from the usual bottled mineral or distilled water because each contains eight ounces of the same chlorinated water that Manila Water regularly produces and distributes to its customers in Metro Manila’s East Zone. Thank you. A young girl shows the relief goods she received from AFI continued on p.17 16 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Manila Water adopts risk management program BPI sells 475 hectares of farmland to DAR The Bank of the Philippine Islands (BPI), through the Department of Agrarian Reform’s voluntary offer to sell (VOS) program, recently sold to the government 475 hectares of foreclosed agricultural land in different parts of the country. The turnover of land documents was held on August 24 at the DAR main office in Quezon City. BPI was the first bank to participate in the program under the new Comprehensive Agrarian Reform Program Extension and Reforms (CARPER) law. During the turnover BPI Family Savings Bank president Alfonso Salcedo and senior vice president Yvonne Lih handed land titles and other bank documents to agrarian reform secretary Nasser Pangandaman. “We are grateful to BPI for making this offer. It is a welcome development and a big boost to our Comprehensive Agrarian Reform Program. Hopefully, this will not be the last,” Pangandaman said. He also said that he hopes BPI’s move would be emulated by other financial institutions and landowners. ERM sessions update Manila Water employees on the objectives and concepts of risk management Manila Water Company recently announced that it is adopting an Enterprise Risk Management (ERM) program as a way of managing risk and uncertainty in today’s volatile economy. The program will align Manila Water’s strategy, processes, people, and knowledge to achieve the company’s risk management goals and business objectives. According to the company, all employees must understand ERM. It should also be a continuous, dynamic process that is embedded into the Manila Water way of life and responsive to the changing environment of a utilities firm. These entail enhancing the company’s current risk management strategy to develop a common risk language and framework that are easily understood by all staff. To introduce the program’s new concepts, the company held risk awareness and identification sessions where ERM champions or chief risk officers from the company’s Operations, Project Delivery, East Zone Business Operations, Regulation and Corporate Development, Corporate Finance and Governance, and Corporate Resources groups convened to learn and share ideas. The sessions included discussions on ERM objectives and its importance and purpose. Also discussed were the framework and cyclical nature on which ERM activities are to be based. Consultants from SGV and Company facilitated the sessions together with Manila Water’s risk management team, which included chief risk officer Marivic Sugapong, Rebecca Sarmenta, Joselito Lopez, Joseph de Dios, Jose Victor Leachon, Mary Agnes Te, Bles Bustamante, and Brian Aquino. Each session started with a message from Manila Water president Rene Almendras, who likened risks to “land mines and time bombs just waiting to explode at an unsuspected time.” He stressed that the company’s staff must always be on their toes, quick to react to unforeseen and harmful events. Company-wide risk management initiatives started in Manila Water in 2001. The president, group directors, and selected senior managers gathered in a threehour session to identify the company’s biggest risks. In 2004, the company’s Internal Audit Department facilitated the first series of risk management activities at the operating unit level. Salcedo said that the offer, with an assessed value of P242 million, fulfills “BPI’s steadfast attention to help contribute to the government’s agrarian reform program.” He also said that another set of properties, totaling about 500 hectares, is now being inventoried and will soon be sold to the government. Also present during the turnover were DAR assistant secretary Dominador Andres and director Leandro Caymo, and BPI officers Noel Altamirano, Crisostomo Danguilan, Rochelle Montemayor, and Venie Rañosa. The ceremony was also attended by DAR field officials from different regions. Prior to the August 24 turnover, BPI sold over 749 hectares of farmland to DAR in 2008. The two batches were part of the 1,800 hectares that the bank plans to transfer to the government through the VOS program for eventual distribution to qualified agrarian reform beneficiaries nationwide. Some of the properties sold to DAR include 167 hectares of farmland in Southern Tagalog; 144 hectares in Western Visayas; 82.53 hectares in Northern Mindanao; 51.61 hectares in Central Mindanao; 40 hectares in Central Luzon; 27 hectares in the Ilocos region; and 14 hectares in Cagayan Valley. Learning forums reinforce IMI leadership, technology competence To facilitate the exchange of ideas and insights between industry experts and its employees, Integrated Microelectronics Inc. (IMI) conducted learning forums that included sessions on leadership and new technology applications, among others. The first forum, held on July 14 at the Bellevue Hotel in Alabang, was on leadership and customer expectations. The guest speaker, Ayala senior managing director Gerardo Ablaza, talked about business leadership. “Vision without capability is merely a dream. Effective execution defines accomplishment and results,” he pointed out. Ablaza also emphasized the importance of articulating and communicating a vision or a future that the organization can collectively aspire to, and developing an organizational capability that would achieve that vision. Yoshiyuki Yano, president of Toshiba Information Equipment (Philippines) Inc., talked about trends, opportunities, and challenges in the optical storage industry. He said despite the current financial crisis, there is still an increasing demand for storage devices like hard disk drives and solid state devices. Harald Prenzel, resident engineer of Bosch Inc. for IMI’s dual-purpose automotive camera project, discussed quality and productivity. Yano and Prenzel also talked about their respective companies’ expectations from their electronics manufacturing services (EMS) providers. The second forum, held on July 24, included a technical learning session for IMI managers and engineers. The forum tackled the applications Serafica talks about opportunities in the renewable energy market (From left) IMI president Arthur Tan, COO Emmanuel Barcelon, and Toshiba president Yoshiyuki Yano listen to a participant during the technology forum’s question-and-answer portion of wireless technology in various electronics markets. IMI recently developed wireless technology platforms including a ZigBee gateway platform that provides a seamless interface between a ZigBeebased network and the Internet. Joel Joseph Marciano, Jr., associate professor at the University of the Philippines Department of Electrical and Electronics Engineering (UPEEE), lectured on current and emerging technology applications in computing, communications, healthcare, and transportation. The third forum, conducted on September 14, was about renewable energy and resources. Renewable Energy Association of the Philippines (REAP) president Olegario Serafica talked about renewable energy sources and technologies, and discussed the opportunities in the renewable energy industry in the country. Miguel Escoto Jr., associate professor at UPEEE, focused on the principles and technology of photovoltaics. He also talked about relevant topics such as the photovoltaic effect and photovoltaic technology. Carl Michael Odulio, also from UPEEE, talked about the applications of photovoltaic technology. Renewable energy is IMI’s latest business venture. The company has started offering services such as solar wafer development, panel prototyping, and mass production. Feature Young artists take spotlight at Ayala Museum’s ArtistSpace Artworks depicting Philippine traditions and values, and nostalgic impressions of nature and cityscapes filled Ayala Museum’s ArtistSpace last October. Projectspace, an exhibit of works by Allan Alcantara, Aaron Bautista, Carlos “Totong” Francisco II, and Isidro “Jon” Santos, ran from September 30 to October 12. The artworks explored the concept of space—from abstract cityscapes to personal spheres of interaction. These artists from Angono, Rizal said that they “aim to paint the exterior world in such a way as to evoke the mysterious richness and vastness of the interior world each of us carries within… the small things that strike us as poignant, even if only for a fleeting instant.” The Center for Art, New Ventures, and Sustainable Development (CANVAS), a non-profit organization that promotes Philippine art and culture through literature and art exhibits, launched its ninth children’s book Ang Dyip ni Mang Tomas with an exhibition at the ArtistSpace. The exhibit ran from October 15 to 27. The exhibit consisted of paintings by Anthony Palermo, the same paintings that were used to bring the storybook to life. Ang Dyip ni Mang Tomas, written by Palanca winner Genaro Gojo Cruz, is a touching tribute of a son to his father. The story was inspired by Pinoy icons, traditions, and values—from jeepneys to simbang gabi (midnight mass). Originally penned in Filipino, the story was translated to English by children’s literature writer Heidi Eusebio Abad. Dyip - Gulay by Anthony Palermo Widening 48 x 36 in Mixed Media 2009 by Aaron Bautista Ayala Museum’s ArtistSpace promotes Philippine contemporary art and talent by featuring different artist or group of artists every two weeks. Ondoy and Pepeng aftermath: Compassion overflows continued from p.1 5 36,000 individuals. The feeding program conducted daily food service operations to barangays that are either underserved or have not been reached at all by other relief operations. AFI committed P50,000 to the program. US-based Filipinos coursed their cash and in-kind donations through Ayala Foundation USA (AF USA). Pamantasan ng Lungsod ng Maynila, through its PLM Scholarship Foundation, and International School–Manila were the first organizations to partner with AF USA to distribute the donations. Manila Water employees prepare relief bags for distribution to affected areas in Rizal, Pasig, and Marikina Manila Water has also dispatched its four mobile treatment plants to Pasig, Taytay, and Biñan, Laguna to process and convert raw water and floodwater to potable water. AFI employees trooped to several relief centers to repackage food and other basic needs for affected families in Rizal, Pampanga, Parañaque, Marikina, Bulacan, and Quezon City, as well as in communities surrounding Laguna Bay. Twenty-seven AFI volunteers went to Barangay Nangka in Marikina on October 12 to help Kain na Juan, a feeding program supported by the Ricky Reyes Foundation. The volunteers set up a mobile soup kitchen on the sidewalk and were able to feed about To facilitate calls for assistance, online donation mechanisms were also set up in the AFI and AF USA websites. Civic and religious organizations like Caritas Manila, SOS Children’s Villages Philippines, and Pathways to Higher Education Program also partnered with the foundation to reach more devastated areas. In addition, AF USA waived its five percent service fee on all donations for typhoon Ondoy relief operations until the end of October. AF USA was able to raise $185,254.66 from 1,206 donors including companies such as Yahoo, Microsoft, and Hewlett-Packard (HP). Business as usual Aside from restoring business operations to normal several days after Ondoy hit the country, Ayala companies also offered special services and promos to affected residents and families. Manila Water restored the water supply in Metro Manila’s East Zone within eight days after Ondoy struck. The company also postponed foreign currency differential adjustments and household disconnections for the entire month of October, and implemented a disconnection moratorium to give customers with pending bills more time to settle their accounts. Manila Water also sent 31 desludging tankers to 74 evacuation centers and deployed 25 tankers carrying recycled water to assist in cleaning operations. A Globe BridgeCom volunteer serves with a smile Globe, Manila Water join in relief efforts for Pepeng victims Barely a week after Ondoy, typhoon Pepeng struck northern Luzon and caused floods and landslides in Regions I and II. Globe BridgeCom immediately sent relief packages to about 4,000 families in various evacuation centers in Villasis and Dagupan City in Pangasinan. HCMI offered a 30-percent subsidy on oil parts and lubricants for flood-related repairs. Globe has also launched Bangon Pinoy, a program that aims support community rebuilding activities in typhoon devastated areas. The company allotted P300 million for special assistance packages, and plans to coordinate with cooperatives in northern Luzon to help the local industries recover from the tragedy. BPI and Wells Fargo and Company, meanwhile, waived remittance service fees for customers sending money using the ExpressSend service to their families in the Philippines. Manila Water, meanwhile, deployed three of its four mobile treatment plants to Pangasinan to process and supply drinking water for residents of Lingayen and Dagupan. 18 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Manila Water scores high in global survey on transparency Manila Water Company recently placed third in a survey conducted by the Interfaith Center on Corporate Responsibility (ICCR) based on environmental, social, and governance disclosures. Manila Water, the only Asian company to rank high in the ICCR survey, bested other internationally prominent water utilities in the world, including Thames Water of the United Kingdom and Veolia Water, which serves several countries in Europe, the Middle East, and Asia. The Ayala-led water utilities company ranked third based on a number of factors such as service quality, equitable access, and planning for water scarcity and climate disruptions. The survey revealed that the public utilities covered by the survey did better than its investorowned counterparts, and that US firms in general were trailing its counterparts from the Philippines, UK, and Spain. “We are pleased with the outcome of ICCR’s study. The results affirm our commitment to adhere to the highest standards of corporate governance and sustainable development. This study will also help us determine areas for further improvement as we strive to contribute toward the enhancement of reporting standards in the water industry,” Manila Water president Rene Almendras said. Out of a maximum score of 63, the Department of Water and Energy of New South Wales, Australia, topped the list with a score of 55. The New York City Department of Environmental Protection came in second with a score of 50, while Manila Water came in third with 49. ICCR is an organization of 275 institutional investors representing over $100 billion in invested capital. The organization aims to build a more just and sustainable world by integrating social values into corporate and investor actions. BPInoy Learning Series visits Cebu Affinity Express to provide creative design services to ALI, Globe Affinity Express, Inc., a unit of LiveIt Investments, recently signed long-term contracts to provide creative design services to Ayala Land Inc. (ALI) and Globe Telecom. Ayala Land chairman Fernando Zobel de Ayala and president Antonino Aquino signed the contracts with Affinity Express on October 19, while Globe chairman Jaime Augusto Zobel de Ayala and president Ernest Cu inked the agreement on October 21. Both meetings were attended by Affinity Express CEO Kenneth W. Swanson and president of Philippine operations Ricardo Moran, and LiveIt chief executive officer Fred Ayala. The contracts with ALI and Globe cover marketing collateral concept and design, environmental graphics, and online advertising development and production. Affinity Express is a leading multinational provider of high-volume advertising and marketing design solutions with production centers in Pune, India and Manila. LiveIt Investments, the holding company for Ayala’s investments in the business process outsourcing (BPO) sector, acquired Affinity Express in 2006. Affinity Express has since established a marketing communications division, hired talent with advertising agency backgrounds, and developed new services that would enable it to become more competitive in the creative design industry. New partnerships build up Globe as major ICT player economic growth. For the past two years, Globe Business and PDB have supported several activities that aim to benefit Filipino entrepreneurs. Some of these activities include the SME Toolkit Roadshow, a series of seminars that teach entrepreneurs how to improve business strategies and explore new business solutions; and the SME Speaker Series, which invites experts and resource speakers to discuss relevant business topics. To help more overseas Filipinos and their families manage their finances, the Bank of the Philippine Islands (BPI) held a BPInoy Learning Series caravan on September 20 at the Ayala Malls Cebu. Through the event, BPI conducted seminars on financial management and introduced its wide range of products for overseas Filipinos. The Cebu event was also attended by Wells Fargo representatives, who raffled off prizes to its ExpressSend clients. A partner of BPI, Wells Fargo allows US-based Filipinos to utilize its ExpressSend cash transfer service to send money to the Philippines. “We continue to go around the country and take on the role of educator. Overseas Filipinos contribute substantially to our country’s growing economy. As a bank, we want to provide financial education to empower our global Filipinos to fulfill the dreams that fueled their decision to go abroad,” said BPI overseas banking and channels services group head Teresita Tan. The BPInoy Learning Series is a part of BPI’s Expat Pinoy program, which aims to inform overseas Filipinos and their families on how to save, invest, and make use of available technology to do banking transactions. The learning series also function as a tool to drive BPI’s institutional goal to provide Filipinos with the knowledge they need to take charge of their financial future. (Left) Globe Business enterprise segments head Jesus Romero signs a partnership agreement with T-System’s telecommunications services and solutions Asia-Pacific vice president and regional chief technical officer Dieter Sieber Globe Telecom’s corporate arm Globe Business continues enter into strategic partnerships with other firms in order to deliver quality and innovative business solutions that fit every business need. The company recently entered into several agreements to develop costefficient business solutions and to help promote small and medium enterprises (SMEs) in the country. T-Systems, a Deutsche Telekom Group company, chose Globe Business to deliver connectivity solutions and provide international private lines and domestic leased lines to T-Systems’ Philippine business center. Globe was also tasked to provide a virtual point-ofpresence (PoP) to enable T-Systems to sell services to its global clients that have branches in the Philippines. BPI Learning Series holds seminars in various parts of the country to educate more overseas Filipino families on how to monitor and control their finances Globe Business also partnered with Planters Development Bank (PDB) in recognizing and promoting the important role of SMEs to the country’s Globe Business and Air 21, a total logistics solutions provider, have also entered into a partnership that would enable Air21 to manage high-volume of text messages through Globe Business’ TxtConnect. TxtConnect is a web-based service that allows companies to broadcast text messages to pre-registered groups such as employees, suppliers, and customers. The service also provides instant, targeted, and flexible communication solutions so Air21 can reach its employees and customers faster and more efficiently. Phil BXT Corporation also chose Globe Business as its communications solutions provider for its project—the Imperial Palace Waterpark Resort and Spa in Maribago, Mactan Island, Cebu. Globe Business will provide Phil BXT and Imperial Palace with reliable connectivity solutions to meet their business operations requirements. The Imperial Palace is an eight-hectare resort with 556 rooms, 180-meter-wide beachfront, waterpark, spa, fitness center, marine sports, restaurant, wharf, and business center, among other world-class amenities. Bulletin Board Globe Data Center receives ISO certifications LA-based Filipino chefs to support AF USA benefit dinner Four of Los Angeles, California’s best Filipino-American culinary artists and restaurateurs will headline a special benefit dinner organized by the Ayala Foundation USA for underprivileged Filipino children on November 7. The benefit, called Dining with the Chefs, will feature the culinary repertoires of Cecilia de Castro, Andre Guerrero, Carlito Jocson, and Gary Menes. The event will be hosted by Leilani and Christina Raquel in their private residence in Los Angeles. Globe Business continues to assure its customers of consistent and effective business process delivery with its recent acquisition of an International Organization for Standardization (ISO)* 27001:2005 certification for its Globe Data Center. Aside from showcasing the culinary expertise of US-based Filipino chefs, the fundraiser will urge the Filipino-American community to support development projects in the Philippines. A similar benefit dinner last year, called Filipino Bytes, raised more than $50,000 for such projects. “Ayala Foundation USA is thrilled at the participation of these internationally renowned Filipino chefs at our Los Angeles fundraiser. It highlights the capacity of Filipinos to be globally competitive as well as their generosity in supporting worthy causes for underprivileged children and youth in our homeland,” AF USA president Victoria Garchitorena said. Ayala Foundation USA is a recognized 501c3 organization that creates opportunities for Filipinos in the United States to support social development projects in the Philippines by facilitating tax-deductible contributions to social development initiatives. PhilamLife and BPI announce strategic life insurance joint venture To explore new business opportunities, the Philippine-American Life and General Insurance Company (Philamlife) and the Bank of the Philippine Islands (BPI) have agreed to enter into a strategic bancassurance joint venture. Bancassurance, or Bank Insurance Model, is the term used to describe the partnership of a bank and an insurance company wherein the insurance company uses the bank’s sales channels to sell insurance products. Globe Business officers show off the subsidiary’s new ISO certifications. In photo are (from left) ECMS Consultancy managing consultant Elmer Cruz, AJA Registrars Ltd. general manager Paul Bagatsing, Globe enterprise product management head Luis Villanueva, Globe Business head Gil Genio, Globe Business network operation head Peter Tan, and Globe chief technical officer Rodell Garcia The Globe Data Center was issued an ISO 27001:2005 certification for meeting the Information Security Management System (ISMS) standard. The center also received an ISO 9001:2008 certification upgrade for meeting the Quality Management System (QMS) standard. Conforming to ISMS and QMS standards enable Globe Data Center to minimize security risks and ensure that information from clients remain confidential. Both certifications were awarded to Globe by Anglo Japanese American (AJA) Registrars Ltd., a certification body accredited by the United Kingdom Accreditation Service (UKAS). The Globe Data Center manages critical ICT resources and the needs of enterprises that require the highest level of security, availability, reliability, and redundancy. With four data centers in Luzon and Visayas, Globe Data Center is the only multi-site data service center in the Philippines. *ISO is not an acronym for the organization’s full name. The organization adopted ISO based on the Greek word isos, meaning equal. As a result of the joint venture, Philamlife will acquire a 51percent stake in Ayala Life Assurance Inc., BPI’s life insurance subsidiary. Ayala Life will serve as the platform for BPI’s and Philamlife’s partnership. Philamlife will bring insurance distribution, product development, and innovation into the joint venture, particularly in the area of bancassurance, while gaining exclusive access to BPI’s customer base via its extensive branch network. Philamlife is currently in the process of becoming part of the AIA Group. The AIA Group is a leading pan-Asian life insurance organization with over $60 billion in assets and over 20 million customers. BPI Capital and ING acted as financial advisors to BPI, while Deutsche Bank acted as sole financial advisor to Philamlife and AIA for the joint venture. SingTel subsidiary acquires stake in Ayala Systems Technology Inc. SCS Computer Systems Pte Ltd, a company owned by Singapore Telecommunications Limited (SingTel), has recently purchased shares in the capital of Ayala Systems Technology Inc. (ASTI) for an aggregate cash consideration of P7,204,940 or P0.85 per common share According to the agreement, Gartner will provide ASTI with reliable industry data, trends, and research so that the Ayala-led company would have solid and reliable information before it formulates business decisions and strategies. Gartner was also tapped to provide ASTI with market trends and industry information on major global markets including Europe, Japan, and North America. ASTI is jointly owned by Ayala’s Azalea Technology Investments, BPI Computer Systems Corporation, and Mitsubishi Corporation. The acquisition brings SCS Computer’s shareholding in ASTI from 30 percent to 51 percent. The remaining 49 percent of ASTI shares continue to be held by Azalea. ASTI is one of the fastest growing information technology (IT) services companies in the Philippines. Established in 1988, the company specializes in offshore software development for companies based in Japan, Europe, North America and Australia. To further improve its competence in the global market, ASTI recently signed an agreement with Gartner Inc. to acquire critical market research information from Gartner. Gartner is a major IT research and advisory company that provides technologyrelated insights to IT and telecom companies, business executives, government agencies, and technology investors. Held on August 8 at the Raffles City Tower in Singapore, the signing was attended by ASTS country manager Kissinger Reyes, ASTI operations director Jun Lasco, and representatives from Gartner. 20 The official publication of the Ayala group of companies Volume 13, Number 5, September-October 2009 Ayala Museum’s Ring of Fire celebrates Southeast Asian ceramic art Ayala Museum brought together the EVENTS Events@FHL Digital 101: Photography and the Computer November 11, 12, 16, 18, and 19 6 p.m.– 9 p.m. works of 26 Southeast Asian ceramic artists in Ring of Fire, an exhibit that Primer on Lighting + Lighting for Portrait Photography November 7 and 14 9 a.m. – 5 p.m. aims to showcase new interpretations and techniques in the traditional art of pottery. The exhibit ran from September 21 to October 4. Basic Creative Writer: A Beginner’s Course November 11, 18, and 25 and December 2 and 9 6 p.m.– 9 p.m. Philippine artist Hadrian Mendoza with his work, Carabao For more details, please call 892-1801, send an SMS to 0917 559 4417 and 0917 561 2413, or e-mail cruz.ct@ayalafoundation.org and cayton.gm@ayalafoundation.org, or visit filipinaslibrary.org.ph Events@Ayala Museum Philippine artist Winnie Go with her work, A Child’s Dream For the first time in the country, 64 contemporary works of ceramic artists from the Philippines, Indonesia, Malaysia, Singapore, Thailand, and Vietnam were displayed in one exhibit. The displays revealed the variety of techniques and forms used in creating the ceramic pieces. Ring of Fire pays homage to the ring or network of artists who create new works that invigorate the tradition and art of ceramics in the 21st century. Southeast Asian artists who participated in the event included Ahadiat Joedawinata of Indonesia; Peter Low, James Seet, Lileng Wong, and Yeow Seng Cheah of Malaysia; Teck Heng Tan and Thomas Cheong of Singapore; Bathma KaewNgok of Thailand; and Bao Toan Nguyen of Vietnam. Filipino potters who displayed their latest works included Jon and Tessie Pettyjohn of Pansol in Calamba, Laguna; Hadrian and Camille Mendoza of Makiling in Los Baños, Laguna; Jaime de Guzman of Candelaria, Quezon; Colorado-based Nelfa Querubin of Iloilo; Manila-based Malaysian artist James Seet with his work, Effervescent Series sculptor Julie Lluch of Iligan; Pete Cortes of Bulacan; Pablo Capati of Batangas; Joe Geraldo of Bacolod; Mark Valenzuela of Dumaguete; Winnie Go and Joey de Castro of Makati; and Siegrid Bangyay and Lope Bosaing of Sagada. The exhibit was supported by Toyota Foundation Japan, the Philippine High School for the Arts, Filipino Web Services, Hadrian Mendoza, and Crown Plastic Products Inc. Ring of Fire was part of this year’s Zeroin project. Zero-in is a consortium of five leading private museums in the Philippines: Ateneo Art Gallery, Bahay Tsinoy, Lopez Memorial Museum, Museo Pambata, and Ayala Museum. Every year, the consortium holds a series of exhibitions that follows a common theme. This year’s theme, Periphery, focuses on subjects and art forms that were never fully understood or accepted but remain instilled in our consciousness. Fernando Zobel in the 1950s: The Formative Years Ongoing until January 17, 2010 Third floor galleries Conversations with Cid Reyes on Architect Lor Calma: Paintings Sculptures November 14 3 p.m. – 4 p.m. Free with museum admission Greenbelt Art Workshop | Abstract Sculptures with Wed Lodriga November 14 2 p.m. – 5 p.m. Greenbelt 5 Area Free admission, first come first serve Greenbelt Art Workshop | Abstract Sculptures with Wed Lodriga November 21 2 p.m. – p.m. Greenbelt 5 Area Free admission, first come first serve Ambeth Ocampo lecture on Crossroads of Civilization November 28 10:30 a.m. – 11:30 a.m. and 2:30 p.m. – 3:30 p.m. P300 for members/students P400 for regular guests For more information, please call 757 7117 to 21, e-mail education@ayala museum.org or visit ayalamuseum.org The Editorial Team Publisher Victoria Garchitorena Editor-in-Chief Maritoni Ortigas Editorial Consultant Emi de Lara Managing Editor Alex Gregorio Deputy Managing Editor Rose Raguindin Assistant Editor Janella Cacdac-Siena Graphic Designer Izza Lambino Advertising Manager Ciela Cayton Advertising Assistant Anne Marie Alim Photographer Jaime Martinez Digital imagist Jose Reginald Juanico Correspondents Ayala Aviation Jaime Peralta Jr. Ayala Business Club Carole Guamen Ayala Corporation Janella Cacdac-Siena Ayala Foundation, Inc. Paul de Guzman Ayala Land, Inc. Jorge Miguel T. Marco Ayala Property Management Corp. Christine Lim-Siruelo Ayala Systems Technology, Inc. Genesis Bautista Bank of the Philippine Islands Reena Dungca Globe Telecom Marigold Endriga Honda Cars Makati, Inc. Monina Macavinta HRMall, Inc. Gabby Mejia Integrated Microelectronics, Inc. Fred Blancas Isuzu Automotive Dealership, Inc. Monette Gaela Manila Water Company Carla May Beriña-Kim Timezone Ana Cardenas-Benitez Editorial Office Filipinas Heritage Library Makati Avenue, Ayala Triangle Makati City 1224, Philippines Telephone (632) 892-1801 local 14 Facsimile (632) 892-1810 Email AyalaNow@filipinaslibrary.org.ph URL www.ayala.com.ph/ayalanow
Similar documents
Ayala Now July – August 2013
Bernard Vincent Dy, and EEI President Anthony Sy, and Directors Susan Co, Ferdinand Vincent Co, and Leonardo Dayao
More informationAyala Now July – August 2012 Issue
Dy, ALI vice president and head of Strategic Landbank Management Group; Domingo Erfe, Sta. Rita de Cascia Parish Church; Tony Aquino, ALI president; Herbert Bautista, mayor of Quezon City; Chito Cr...
More informationAyala Now July-August 2009 Edition
Capital also contributed positively as Ayala reversed last year’s loss following Integrated Microelectronics Inc.’s significant improvement and higher earnings from Manila Water.
More information