Archive for August, 2017

ASEAN Business Awards 2017 Legacy Awardees

Thursday, August 31st, 2017
John Gokongwei Jr. will be one of the legacy awardees in the upcoming ASEAN Business Awards on Sept. 6.

John Gokongwei Jr. will be one of the legacy awardees in the upcoming ASEAN Business Awards on Sept. 6.

John Gokongwei Jr. one of the country’s most successful entrepreneurs, will be given a legacy award by the ASEAN Business Advisory Council in the upcoming ASEAN Business Awards Gala Night on September 6. Legacy awardees are iconic entrepreneurs who helped shape and strengthen not just their national economies but also made positive impact to the ASEAN Economic Community. They are those whose commitment and perseverance led them to their success today.

For aspiring and young entrepreneurs, Mr. Gokongwei is definitely one of the idols in the business community. I’m sure many entrepreneurs today admire his wisdom and passion.

But before becoming the Philippines’ 2nd richest man, he started small in the province of Cebu.

Gokongwei’s family was one of the richest families in Cebu back in the day. His grandfather, Pedro Gotiaoco operated one of biggest trading firms while his father owned the largest cinema house in the province. Unfortunately, his father died and the family lost everything.

With only a few pesos, he started selling threads, soaps, and candles in the local market of Cebu. Eventually, he expanded his business by selling rice, corns and other goods that can be traded. He would even travel via batel, a small sail-powered outrigger, to Lucena to sell Cebuano products. By the time the war ended, he had a sum of 40,000, a substantial amount at that time.

John Gokongwei Jr. then opened his first company, Amasia, which imports textile, flour, onions, magazines, and used clothing from US. This could be considered as the first ukay-ukay (secondhand) shop in the country.

In 1954, he started the Universal Corn Products in Manila which manufactures cornstarch, a raw material needed in other products such as beer, ice cream, and paper. This is now known as the Universal Robina Corporation. Competitions are considered as challenges. John Gokongwei Jr. and his company Consolidated Food Corporation which launched the coffee Blend 45 competed with the giants, Procter and Gamble and Nestlé.

This then launched the successful business of the Gokongwei family. The family diversified into different industries such as retail, real estate, publishing, petrochemicals, textiles, banking, food manufacturing, and airline. In 1992, the JG Summit Holdings was established.

John Gokongwei Jr. is not afraid to venture into new business opportunities. Back in 1990s, he considered opening a low-cost carrier airline after seeing the success of Southwest Airlines. Philippine Airlines dominated the market but he is sure that this new venture would become successful. Cebu Pacific, now the county’s number one airline, has connected Filipinos through budget-friendly domestic and international flights.

His children – Lance, Robina, Lisa, Hope, Faith and Marcia are all involved in the family business.  Lance who is the President of JG Summit Holdings shared in his interview for the Go Negosyo book: 50 Entrepreneurs of Passion, “I was running the food business at that time. And when he asked me if I knew anyone, I knew he was indirectly asking me if I could help.” Lance now leads Cebu Pacific as its President and CEO.

Today, the group distributes manufactured food in Malaysia, Indonesia, Singapore, Thailand, Vietnam and other Asian countries.

Aside from John Gokongwei Jr., Haji Musa Bin Hj Adnin of Adinin Group of Companies (Brunei) will also be a legacy awardee. Adinin Group of companies started in 1982 which was solely a trading company but today, it has diversified their profile and product offering in industries such as manufacturing, interior design, information technology, travel agencies, and manpower.

Garuda Food led by its chairman Bp Sudhamek AWS is also considered as an icon entrepreneur in Indonesia. Sudhamek is the Ernst & Young Indonesia Entrepreneur of the Year in 2004. Garuda Food manufactures snacks, biscuits, confectioneries, basic food and dairy all throughout Indonesia.

Rattana Prathoumvan, managing director and CEO of EDL Generation Public Company (Laos), will receive an award as well as one of the inspiring legacy entrepreneurs in the region. Her company engages in the generation and wholesale of electricity.

Silverlake Axis Limited’s Founder and Executive Chairman Goh Peng Ooi (Malaysia) has led the company to its success today. Silverlak Axis Limited is a provider of digital economy solutions and services to banking, insurance, retail and other industries. The company is now a multi-billion-dollar organization represented in 20 countries.

Another legacy awardee is Aung Ko Win, Chairman of KBZ Group. He founded the company in 1994 and is one of the largest privately owned diversified group of companies in Myanmar. They are present in various industries including manufacturing, finance, aviation, insurance, agriculture, and real estate among others.

Wee Cho Yaw is the chairman emeritus and adviser of the Singapore’s 3rd largest lender, Universal Overseas Bank. The company was founded by his father but he eventually took over and ran it for three decades. United Overseas Bank is the market leader in credit card and home loan businesses. It also offers loans for small and medium enterprises in Singapore.

Thailand’s Sakchai Unchittikul of Srichiengmai Industry Company will also be awarded. Srichiengmai Industry was the first manufacturer of tomato products in Thailand which started in 1978. Today, the company has also been exporting to Vietnam, Indonesia, Malaysia and Singapore.

And last but not the least, Le Thu Tuy, Vice Chairwoman of BRG Group is also part of the roster of legacy awardees. Thu Tuy was named as 2016’s Most Active Banking Leader of the Year by the International Finance Magazine. BRG Group is a multi sector economic group which is involved in real estate, finance, hospitality and commerce.

Because of these entrepreneurs’ outstanding and inspiring entrepreneurial journey, it is befitting to recognize them as our legacy awardees. They have become icons of the business community across the ASEAN region.

We will recognize other awardees for various categories in the ASEAN Business Awards. We are all excited to name this year’s awardees!

THE ASEAN BUSINESS AWARDS PRESENTS THE REGIONAL FINALISTS

Monday, August 28th, 2017
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The ASEAN Business Awards 2017 will be held on September 6, 2017.

MANILA: August 25, 2017—The ASEAN-Business Advisory Council and participating pool of official regional judges announces the regional finalists for the 2017 ASEAN Business Awards, the South East Asian region’s most prestigious and business awarding event for large and small enterprises alike.

This year, the Official Judges Committee coursed through more than 200 applications from across the region. From this pool, over 70 applicants have emerged as the regional finalists. On September 6, the Council will reveal the 27 awardees who have been determined as the victors in their respective categories of SME Excellence (Growth, CSR, Innovation and Employment), Priority Integration Sectors Excellence (E-ASEAN ICT, Logistics, Wood-based, Rubber, Agri-food, Healthcare, Tourism, and Retail), Special Awards (Eco Green, Friends of ASEAN), Women Entrepreneur, Young Entrepreneur, and the new categories of Most Promising, Inclusive Business and Legacy.

The winners and special awardees will be presented with a trophy sculpted by the award-winning and well known artist Jaime Nepomuceno. The masterpiece called “hand-in-hand” signifies the connection of all companies in the ASEAN region as brothers working towards prosperity for all.

Here is the list of the best and brightest enterprises who have emerged as catalysts for business leadership and development:

SME EXCELLENCE AWARDS FINALISTS

The finalists who will be recognized for the sub-category of GROWTH are:

•    Dato’ Lee Wai Kok, Savan Pacifica Development Co., Ltd. (LAOS);

•    Noor Mohd Helmi Bin Nong Hadzmi, IX Telecom Sdn Bhd (MALAYSIA);

•    Dr. Thein Naing, Zenith Treasure Trading Co., Ltd. (MYANMAR);

•    Dr. Maynoll Montalbo, Mont Albo Wellness Corporation (PHILIPPINES); and

•    Nasha Jungkankul, Kunna Groceries Co. Ltd. (THAILAND).

The finalists who will be recognized for the sub-category of CORPORATE SOCIAL RESPONSIBILITY are:

•    Ramasamy Aravendashan, VG Offshore Containers International (MALAYSIA);

•    Zarni Htwe, Adventure Myanmar Tours and Incentives (MYANMAR);

•    Cecilio Pedro, Lamoiyan Corporation (PHILIPPINES); and

•    Fang Koh Look of Absolute Kinetics Consultancy (AKC) Pte. Ltd. (SINGAPORE).

The finalists who will be recognized for the sub-category of EMPLOYMENT are:

•    Hong Leang Y, Lotus Green Team Co., Ltd. (CAMBODIA);

•    Natural Health Farm Marketing led by Vernon Tee (MALAYSIA);

•    Dr. Aung Kyaw Win, Jewel Collection Manufacturing Co. Ltd. (MYANMAR);

•    John Titan, Titan Barong of Lumban (PHILIPPINES); and

•    Dato Jasudasen Thambynathan, Zico Holdings Inc. (SINGAPORE).

The finalists who will be recognized for the sub-category of INNOVATION are:

•    Vantha Kheng, Biz Solutions Inc. (CAMBODIA);

•    Sirina Hervy, Sinuok Coffee (LAOS);

•    Dato’ Zakri Abdullah Kuah, Builders Biomass Sdn Bhd (MALAYSIA);

•    Dr. Khin Maung Lwin, FAME Pharmaceuticals Industry Company Limited (MYANMAR);

•    Lester Yu, Fruitas Group (PHILIPPINES);

•    Sarapee Yuadyong, Chiwadi Product Co., Ltd. (THAILAND).

 

YOUNG ENTREPRENEUR AWARD FINALISTS

The finalists who will be recognized for this category are:

•    Okhna Sok Piseth, G Gear Co. Ltd. (CAMBODIA);

•    Kevyn Mcgraw, ASEAN Contact Center (LAOS);

•    Raj Ridvan Singh, Science of Life Systems 247 Sdn. Bhd. (MALAYSIA);

•    Aung Zaw Oo, Aung Naing Yoma Thitsar Co.(MYANMAR);

•    Dennis Uy, Udenna Corporation (Philippines);

•    Chew Boon Thong, Chew Group Holding Pte. Ltd. (SINGAPORE); and

•    Asada Thepyos, Quality Plus Aesthetic International (THAILAND).


WOMEN ENTREPRENEUR AWARD FINALISTS

The finalists who will be recognized for this category are:

•    Seng Takakneary, Sentosa Silk (CAMBODIA);

•    Sirina Hervy, Sinouk Coffee (LAOS);

•    Dr. Jessie Chung, Natural Health Farm Marketing Sdn. Bhd. (MALAYSIA);

•    Htet Yie Win, Brand You Co. Ltd., (MYANMAR);

•    Evelyn Palomo, Great Image Service Corporation (PHILIPPINES);

•    Juthamad Yangyuen, DE Empress (THAILAND); and

•    Dang Thi Thanh Van, Savvycom Joint Stock Company (VIETNAM).


INCLUSIVE BUSINESS AWARD FINALISTS

The companies and their respective representatives who will be recognized under this category are:

•    Batik Boutique, Amy Blair (MALAYSIA);

•    Coffee for Peace, Felicitas Pantoja (PHILIPPINES);

•    Siam Organic, Peetachai Dejkraisak (THAILAND);

•    KP Company Limited, Sunepha Detvongsa (LAOS);

•    Erikagen Inc., Teodoro Ferrer (PHILIPPINES); and

•    Olam International, Neelamani Muthukumar (SINGAPORE).


MOST PROMISING AWARD FINALISITS

The companies and their respective representatives who will be recognized under this category are:

•    Printmartz Advertising, Adrian Tan Vui Shung (BRUNEI);

•    Wing Ltd. Specialised Bank, led by Jojo Malolos (CAMBODIA);

•    Phouvong Jewelry, Phouvong Phamisith (LAOS);

•    Myanmar ComBiz Trading Co., Aung Soe Tha (MYANMAR); and

•    Nghia Nippers Corporation, Thi Thu Huang Nguyen (VIETNAM).


SPECIAL AWARDS FINALISTS

The finalists who will be recognized for the special award of FRIENDS OF ASEAN are:

•    Australia and New Zealand Banking Group led by Anna Green (AUSTRALIA);

•    Robert Bosch (SEA) Pte. Ltd. led by Martin Hayes (GERMANY); and

•    Prudential Corporation Asia led by Nicolaos Nicandrou (HONG KONG).

*The lone finalist and winner of the GREEN TECHNOLOGY AWARD will be announced during the ASEAN Business Awards.

 

LEGACY AWARD WINNERS

The finalists who will be recognized for this category are:

•    Rattana Prathoumvan, EDL Generation Public Company (LAOS);

•    Dr. (H.C.) Sudhamek AWS, GraudaFood (INDONESIA);

•    Goh Peng Ooi, Silverlake Axis Limited (MALAYSIA);

•    Aung Ko Win, KBZ Group (MYANMAR);

•    Wee Cho Yaw, United Overseas Bank (SINGAPORE);

•    Sakchai Unchittikul, Srichiengmai Industry Company (THAILAND);

•    Haji Musa Bin Hj Adnin, Adinin Group of Companies (BRUNEI);

•    Le Thu Thuy,  BRG Group and SeABank (VIETNAM); and

•    John Gokongwei Jr., JG Summit Holdings Inc. (PHILIPPINES).


PRIORITY INTEGRATION SECTOR EXCELLENCE AWARDS FINALISTS

The companies and their respective representatives who will be recognized under this category are:

•    DeClout Limited, Kok Khun Wong (Singapore),

•    Asian Marine Transport Corporation, Paul Rodriguez (Philippines),

•    Nature’s Legacy Eximport, Pedro Delantar, Jr. (Philippines),

•    Kossan Rubber Industries, Kuang Sia Lim (Malaysia),

•    Destileria Limtuaco & Co., Olivia Limpe-Aw (Philippines),

•    PT Kalbe Farma Tbk, Vidjongtius (Indonesia),

•    AirAsia, Tony Fernandes (Malaysia), and

•    Golden ABC, Bernie Liu (Philippines).

The finalists for the ASEAN Business Awards will be joined by an audience of top government executives across the ASEAN, business leaders and enablers, and thought-leaders who will come together to celebrate those who have brought progress and development through their excellent business leadership and practices.

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“The Business of Fitness & Health”

Monday, August 28th, 2017

GNSR Web Header Aug 23
On August 23, Go Negosyo Radio hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by Malvin Lim of Gtoy’s Marketing, Jerome Mccuin of Back Office Boss and Eric Queppet of DHL Express Philippines for an episode tackling the e-commerce industry and its benefits and challenges.

Gtoy’s Marketing

With a mission to bring “great toys at great prices” to the Philippines’ collector market, Malvin Lim founded Greattoys in 2001 as an online store. It specialized in hard-to-find and unique collectible items. As of 2017, the company has 3 retail stores situated in Alabang, Pasay City and Greenhills—still providing the greatest toys at the greatest prices.

Malvin shares that many customers, even from abroad, choose to buy from Greattoys because of the quality and assurance of authenticity his company provides. Although physical stores have proven to be more profitable as collectors like to inspect the toys before purchasing, the online presence of Greattoys effectively connects the company with the vast and international market of avid toy collectors.

Malvin shares that with the digital boom came a big threat to his toy business—the proliferation of fake collectibles. However, Malvin remains unfazed and continues to dream big for his company. “In the future, I would one day want to be able to manufacture our own toys.”

A passionate toy collector himself, Malvin owns an astonishing collection of 200 super robots. With geekdom culture becoming bigger and and more hip than ever, Malvin is preparing for a boost in business.

Back Office Boss (BOB)

Back Office Boss specializes in door-to-door delivery of shipments from the Philippines to abroad within three days at competitive prices. Customers trust BOB to supply their online stores, move their personal belongings, and ship gifts to their loved ones. They also offer a Shop & Ship service, which lets overseas customers avail of Philippines-made goods and have these delivered to them abroad.

Jerome, the President and CEO of BOB, has assembled a local team to handle export logistics and facilitate e-commerce transactions for clients worldwide. He is also responsible for developing, evaluating and executing strategic growth and operational initiatives to foster sustainable foreign revenue for micro-enterprise in the Philippines.

“The client shoulders the shipping cost and not the local businesses. We want to help the local businesses here, hoping they don’t spend and actually gain by expanding their market through these transactions,” Jerome posits.

The company prides itself for being able to ship almost anything within three days. They handle various paperwork and permits for their clients as they have established a network with every institution that shipping goes through.

In the future BOB is looking to expand their business, offering a variety of other services such alisbayan box, which allows families to send the equivalent of a balikbayan box to their loved one who are OFWs.

DHL Express

Eric has been with DHL Express for eight years and currently serves as the Channel Head for Relationship Sales Channel. His channel is responsible for teaching out to the the SME market across the country. This year, one of the major initiatives of his team is to tap and grow the B2C market by providing thought leadership seminars for B2Cs through partnership with different companies and stakeholders related to the e-commerce sector.

“All our facilities have CCTV so we can trace where the damage was done and to cover the safe delivery of the product,” Eric says about the security practices DHL has in place.

“We allow current businesses to open an account with us—but for MSMEs who cannot open yet, we can do a cash on delivery/pick up service through sme card,” Eris shares about DHL Express’ current available options for businesses who want to avail of their services.

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ASEAN Business Awards Regional Finalists

Thursday, August 24th, 2017
The ASEAN Business Awards 2017 will be held on September 6, 2017.

The ASEAN Business Awards 2017 will be held on September 6, 2017.

As another week has quickly passed us by, we are getting closer to the ASEAN Business Awards (ABA) Gala Night this coming September! Last week, I have shared with you the Philippine finalists chosen by the Philippine deliberation steering committee.

Through the help of ASEAN Business Advisory Council members, each member country identified a national gateway or the point person who promoted and pursued applicants from their country to each category of the ABA 2017. Aside from encouraging applications from their country, each national gateway appointed an independent judge who became part of the regional committee which have chosen the rightful winner per category. The process was backed up with score sheets and deliberations were collegial and quite thorough. The entire process was transparent and diligently observed by the ABA Secretariat and the KPMG, our strategic partner.

Like any other awards, the elimination process was one grueling task. But our regional judges were able to identify the outstanding companies who can best represent ASEAN in the various categories to be awarded on September 06.

For the SME Growth category, five finalists made it: Dato’ Lee Wai Kok of Savan Pacifica Development Co., Ltd. (Laos), Noor Mohd Helmi Bin Nong Hadzmi of IX Telecom Sbn Bhd (Malaysia), Dr. Thein Naing of Zenith Treasure Trading Co., Ltd. (Myanmar), Dr. Maynoll Montalbo of Mont Albo Wellness Corporation (Philippines), and Nasha Jungkankul of Kunna Groceries Co. Ltd. (Thailand).

For the SME Corporate Social Responsibility category, five finalists made it: Ramasamy Aravendashan of VG Offshore Containers International (Malaysia), Zarni Htwe of Adventure Myanmar Tours and Incentives (Myanmar), Cecilio Pedro of Lamoiyan Corporation (Philippines) and Fang Koh Look of Absolute Kinetics Consultancy (AKC) Pte. Lt (Singapore).

SME Employment category has identified finalists including Hong Leang Y of Lotus Green Team Co., Ltd. (Cambodia), Vernon Tee of Natural Health Farm Marketing (Malaysia), Dr. Aung Kyaw Win of Jewel Collection Manufacturing Co., Ltd. (Myanmar), John Titan of Titan Barong of Lumban (Philippines), and Dato Jasudasen Thambynathan of Zico Holdings Inc., (Singapore).

Vantha Kheng of Biz Solution Inc., (Cambodia), Sirina Hervy of Sinouk Coffee (Laos), Dato’ Zakri Abdullah Kuah of Builders Biomass Sdn Bhd (Malaysia), Dr. Khin Maung Lwin of FAME Pharmaceuticals Industry Company Limited (Myanmar), Lester Yu of Fruitas Group (Philippines), and Sarapee Yuadyong of Chiwadi Product Co., Ltd., (Thailand) are all finalists to the SME Innovation category.

Seven thriving young entrepreneurs made it as regional finalists. While there may be more than one country representative like in the Philippines, only one made it as regional representative. Young entrepreneurs vying for the award include Okhna Sok Piseth of G Gear Co. Ltd. (Cambodia), Kevyn Mcgraw of ASEAN Contact Center (Laos), Raj Ridvan Singh of Science of Life Systems 247 Sdn. Bhd. (Malaysia), Aung Zaw Oo of Aung Naing Yoma Thitsar Co.(Myanmar), Dennis Uy of Udenna Corporation (Philippines), Chew Boon Thong of Chew Group Holding Pte. Ltd. (Singapore), and Asada Thepyos of Quality Plus Aesthetic International (Thailand).

Seven passionate women entrepreneurs will compete with each other to get the ASEAN Women Entrepreneur of the Year Award. These includes Seng Takakneary of Sentosa Silk (Cambodia), Sirina Hervy of Sinouk Coffee (Laos), Dr. Jessie Chung of Natural Health Farm Marketing Sdn. Bhd. (Malaysia), Htet Yie Win of Brand You Co. Ltd., (Myanmar), Evelyn Palomo of Great Image Service Corporation (Philippines), Juthamad Yangyuen of DE Empress (Thailand), and Dang Thi Thanh Van of Savvycom Joint Stock Company (Vietnam).

Three small enterprises and three big enterprises made it as finalists to the Inclusive Business category. Small enterprises such as Batik Boutique of Amy Blair (Malaysia), Coffee for Peace of Felicitas Pantoja (Philippines), and Siam Organic of Peetachai Dejkraisak (Thailand) will compete with big enterprises including KP Company Limited of Sunepha Detvongsa (Laos), Erikagen Inc. of Teodoro Ferrer (Philippines), and Olam International of Neelamani Muthukumar (Singapore) for the Inclusive Business Award.

Five most promising companies of ASEAN will also be awarded including Printmartz Advertising of Adrian Tan Vui Shung (Brunei), Wing Ltd. Specialised Bank led by Jojo Malolos (Cambodia), Phouvong Jewelry of Phouvong Phamisith (Laos), Myanmar ComBiz Trading Co of Aung Soe Tha (Myanmar), and Nghia Nippers Corporation of Thi Thu Huang Nguyen (Vietnam).

Three companies will be recognized as Friends of ASEAN: Australia and New Zealand Banking Group led by Anna Green (Australia), Robert Bosch (SEA) Pte. Ltd. led by Martin Hayes(Germany), and Prudential Corporation Asia led by Nicolaos Nicandrou (Hong Kong).

One company will also be given a recognition for integrating environment-friendly practice in their business model.

We are also recognizing Legacy entrepreneurs who have greatly contributed positive impact to the ASEAN community, have surpassed challenges and have inspired others towards prosperity. Rattana Pathomvan of EDL Generation Public Company from Lao PDR, Goh Peng Ooi of Silverlake Axis Limited, Aung Ko Win of Kanbawza Bank of Myanmar, Wee Cho Yaw of United Overseas Bank of Singapore, Sakchai Unchittikul of Srichiengmai Industry Company of Thailand and our very own John Gokongwei Jr. of JG Summit Holdings Inc. I will share with you Mr. Gokongwei’s inspiring entrepreneurial journey next week.

Eight companies made it as finalists to the Priority Integration Sector categories. This includes DeClout Limited of Kok Khun Wong (Singapore), Asian Marine Transport Corporation of Paul Rodriguez (Philippines), Nature’s Legacy Eximport of Pete Delantar (Philippines), Kossan Rubber Industries of Kuang Sia Lim (Malaysia), Destileria Limtuaco & Co. of Olivia Limpe-Aw (Philippines), PT Kalbe Farma of Vidjongtius (Indonesia), Air Asia of Tony Fernandes (Malaysia), and Golden ABC of Bernie Liu (Philippines).

The trophy which will be given to all our winners and special awardees is specially sculpted by an award-winning and well-known artist Jaime Nepomuceno. The masterpiece which we call “hand-in-hand” signifies the connection of all companies in the ASEAN region. We are after all brothers in the industry working together to provide prosperity for all. Like big brothers to their small brothers, these companies who will be recognized in the ABA Gala Night will be mentors and inspirations to the aspiring and micro, and small entrepreneurs across the region.

I’m sure all of you are excited to know who are this year’s batch of ASEAN Business Awardees. On September 06, we invite you all to watch out for the winners.

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ABA Cover photo footer

The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: aba2017.com

PCCI Injap Sia Outstanding Young Entrepreneur Awards (ISOYEA)

Tuesday, August 22nd, 2017

2017 Injap Sia Awards Poster (1)
The Philippine Chamber of Commerce and Industry (PCCI) is pleased to announce the search for the 2017 Injap Sia Outstanding Young Entrepreneur Awards (ISOYEA). This award is conferred to young entrepreneurs who have demonstrated exceptional talents and contributed to the economic development of the country.

The award is open to all Filipino entrepreneurs, 40 years old and below; owner, founder, significant shareholder or  management member of a Philippine-incorporated and  registered enterprise that has been operating  for  two (2) years.

The winners will be awarded during the 43rd Philippine Business Conference in October 2017 at the  Manila  Hotel, City of Manila. Winners of this award will have the chance to 1) represent the country in international awards such as the Confederation of Asia-Pacific Chamber of Commerce and Industry (CACCI) Young Entrepreneur Award; ASEAN Business Awards, and 2) pitch / present to prospective investors, partners in PCCI-organized activities. Cash prize also awaits the grand winner.

Deadline of submission of entries is on or before September 14, 2017.

For more information, please contact the ISOYEA Secretariat at telephone number 8468196 local 107/ 102, email: isoyea@philippinechamber.com. You may also  log on to the PCCI website at www.philippinechamber.com/PBCEAwards.aspx.

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ABA Cover photo footer

The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: https://www.aba2017.com/

“Young entrepreneurs are driven by passion and purpose, not profit”

Friday, August 18th, 2017

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On August 16, 2017, Go Negosyo Radio hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by Go Negosyo Angelpreneur and Creative Voice Productions Founder Pocholo Gonzales as a guest host for an episode featuring two inspiring young entrepreneurs.

Josh Mahinay is the founder of BEAGIVER, a local social enterprise that champions causes in the community, most especially education for impoverished children. The social enterprise’s story begins with its founder—Josh shares that the initial idea was to provide school bags for many of the Philippines youth who can’t afford one. This came from his personal experience growing up. One of the triggers that inspired the idea behind BEAGIVER was when he returned to the Philippines and saw a young boy with a red and white striped palengke supot as his school bag. Growing up in poverty, Josh remembered that once upon a time, he was that kid as well.

Josh always saw education as his way out of poverty. In 2007, Josh was given an opportunity to make a better life for himself and his family by moving the US. Initially, he thought a good life simply meant being able to afford the nice things he couldn’t before. However, it was in the US where he realized that there is more to success than the personal aspect. Although, Josh lead a comfortable life in the US, his heart ached for his people. “I returned [to the Philippines] because of the calling of where is it that I want to serve,” Josh shared.

Today, BEAGIVER has gone above and beyong Josh’s initial call to provide school bags to the impoverished youth. Aside from developing, manufacturing and selling their own line of products, BEAGIVER also partners and collaborates with other designers, social enterprises and organizations not only to offer high quality products to our customers, but most especially to create an impact in different communities.

When asked by Senator Bam as what he saw as the difference in mindset between the younger and older entrepreneurs, Josh says the youth are more willing to fail more. Also, the motivation or  they “why” of young entrepreneurs are quite different. Sen. Bam agreed saying “during my time, what we used to look at was simply the sweldo. But millenials now more than ever look at the ‘why’ and the purpose of what they pursue.”

True enough, this primacy on purpose is seen in young entrepneur Jairus Ferrer. The second guest of the episode is the founder of the iFarms, Inc. and Pronic Foods, agri-enterprises that hopes to merge tech and innovation to agriculture. Jairus entrepreneurial journey finds it roots in the gap year he took after graduating high school. His parents agreed to his decision of taking a year off before college as long as he made it a productive one. Thus, Jairus joined an agri school in Bukidon for a four-month program. What was supposed to be a gap year venture into agriculture spanning a couple of months turned into a five years with the school in Bukidnon. Today, Jairus is an advocate of sustainability and of agriculture as a smart and relevant industry.

“I was the first high school grad to finish the program,” Jairus said about his stint in the Bukidnon agri school, “I was given the opportunity to work with them [afterwards].” Jairus said that he had to learn everything form scratch “the people who taught me quality control were the people I dealt with in the markets. I didn’t learn it from school—when I started serving bigger markets, what I learned from smaller markets I was able to apply on a larger scale.”

Jairus is positive that technology will serve as the bridgeway for many more millenials to become interested in agri. He warns those who want to enter into the industry, to be prepared to work and study hard. He shares that you have to have a mixed set of skills to truly make it work. “I want to change people’s perception [of agri], farming takes a lot of hardwork. Farming takes a lot of science and business knowledge. It is a really noble undertaking.”

How can the young connect with the older generations?

Jairus shares that he is persistent in pursuing mentors and other organizations for guidance. “I would really ask for questions and their time to bounce of my ideas. They have the wealth of experience and I have the wealth of time to do it.”

Josh agrees and says that “Although experience is the best teacher, you don’t have to fail to learn. All it takes is a lot of guts. I started with just the idea to give out bags. I had no intention of becoming a bag designer. But I study designs and travel to look, learn and collaborate with other designers.”

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ABA Cover photo footerThe ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: https://www.aba2017.com/
#ABA2017 #ASEANBusinessAwards2017

ASEAN BUSINESS AWARDS 2017 REGIONAL DELIBERATIONS CONCLUDED

Thursday, August 17th, 2017
ASEAN Business Advisory Council Chair Joey Concepcion together with the ASEAN Business Awards team led by ABA Chair Jopin Romero with them are the ABA official judges.

ASEAN Business Advisory Council Chair Joey Concepcion together with the ASEAN Business Awards team led by ABA Chair Jopin Romero with them are the official judges of ABA.

MAKATI: August 15, 2017—The ASEAN Business Advisory Council recently concluded its hosting of the regional deliberations for the ASEAN Business Awards at the Dusit Thani Hotel. The judges coursed through 224 applications from across the ASEAN region to come up with the final list of 16 winners in the categories of SME Excellence Awards (Growth, CSR, Innovation and Employment), Priority Integration Sectors Excellence Awards (Fisheries, Electronics, E-ASEAN ICT, Textiles, Logistics, Wood-based, Rubber, Agri-food, Healthcare, Tourism, Automotive, and Retail), Special Awards (Eco Green, Friends of Asean), Women Entrepreneur Award, Young Entrepreneur Award, and the two new categories of Legacy and Inclusive Business.

The official judges committee were composed of business leaders and enablers in their respective home countries. They esteemed judges are Soon Loo (CEO, Brunei Economic Development Board), Kuy Vat (CEO, VTRUST Group), Dr. Agus Purwadianto (Professor Universitas Indonesia), Phosy Chanming, Assoc. Prof., Ph.D (Deputy Director of Research and Academic Service Office, National University of Laos), Prof. Datuk Marimuthu (President, Federation of Malaysian Consumers Association), Dr. Aung Thura (Executive Committee Member and Secretary, UMFCCI; Founder & CEO, Thura Swiss), Tay Woon Teck (Managing Director, Risk Advisory, RSM), Dr. Suthad Setboonsarng (Independent Director), Dr. Pham Thi Thu Hang (Secretary General, Vietnam Chamber of Commerce and Industry), and the Philippines Committee Chair Marife Zamora (Chairperson, Convergys, Philippines; President, MAP).

The decided upon winners of the prestigious ASEAN Business Awards will officially be awarded on September 6, 2017 at the Solaire Casino and Resort which will be attended by President Rodrigo Roa Duterte, other top government officials and the ASEAN Economic Ministers.

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ABA Cover photo footer

The ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: https://www.aba2017.com/

Philippine Finalists to the ABA 2017

Thursday, August 17th, 2017
The ASEAN Business Awards 2017 will be held on September 6, 2017.

The ASEAN Business Awards 2017 will be held on September 6, 2017.

This coming September 6, we shall name the latest winners of the ASEAN Business Awards 2017. The ASEAN Business Awards is a regional search for exceptional enterprises who have contributed to the economic and socio-cultural development of the region. These enterprises have grown not just in their home countries but have conquered and made marks other ASEAN countries. Hopefully soon, these companies will reach global markets and we can all proudly say that they are all ASEAN-grown.

But prior to the announcing of winners, we had a deliberation of Philippines’ finalists to the ASEAN Business Awards. Let me tell you, this is one of the exciting parts of an awards search. We received more than 200 applications from all countries and each country has to deliberate on who will represent their country in the award categories.

Philippines had its own deliberation with Sen. Bam Aquino, Johnlu Koa, and Jose Magsaysay Jr. as judges. Over 100 Filipino companies applied for the ABA 2017. After some grueling discussion, the judges identified 20 companies who will vie for regional awards.

Nature’s Legacy Eximport Inc. is one of the Philippine finalists to the ASEAN Business Awards. The business led by Pedro and Catherine Delantar proudly manufactures high-end home and hotel furniture made from sustainable materials since 1997. Nature’s Legacy Eximport is a finalist to the Wood-Based and Innovation categories.

One of the San Miguel Pure Foods Company’s subsidiaries, San Miguel Foods also made it as a finalist in the Agri-Food category. San Miguel Foods is engaged in agro-industrial manufacturing producing commercial feeds, poultry, pork, and beef. Over the years, the company has built a network of third-party owned and operated facilities such as feed mills, farms, processing plants and other infrastructure nationwide.

Another finalist to the Agri-food category is the Destileria Limtuaco & Co which is headed by Olivia Limpe-Aw. The company produces quality wines and liquors crafted with Philippines’ fruits. The company has rationalized the product portfolio from mass market to a niche mid-range market in the country and across ASEAN.

I’m sure we all know Bernie Liu of the Golden ABC, one of the leading retail companies in the country. His company is a Philippine finalist to the retail category. Golden ABC is a multi-awarded fashion enterprise which is composed of several brands including Penshoppe, Oxygen, Forme, Memo, Regatta, Tyler, and Red Logo. Started with an initial capital of P5000.00, the company rose into an ASEAN brand well loved in Indonesia, Cambodia, Vietnam, Myanmar, Thailand, Malaysia and Singapore.

One of the leading photography brand in the country, Great Image, will also be finalist to the ASEAN Business Awards under the retail category. Founded in 1983 by Robert and Evelyn Palomo, the company is the leading photography brand for the last three decades. It has provided a professional, reliable, and creative photography services available to most Filipinos. Evelyn Palomo is also a finalist to the Women Entrepreneur category.

Gandang Kalikasan Inc. which is founded by sisters Anna Meloto-Wilk and Camille Meloto also made it as a finalist in the Healthcare category. The brand is known for producing natural, eco-friendly, green wellness and cosmetic products. It is one of the recognized inclusive businesses in the country which has tapped poor farmers and low-income communities.

Connecting markets across the ASEAN region is important that is why Logistics is one of the priority industry sector in the ASEAN. Asian Marine Transport Corporation is the country’s representative in this category. Asian Marine Transport Corporation started its small operations in 1999 penetrating countryside ports. Just recently, it is the first logistics company to heed to the call of the government to connect the ASEAN region through the opening of Davao-Bitung route.

Mont Albo Wellness Corporation is one of the finalists for Growth category. Since 2007, the company specializes in Filipino traditional massage and home therapy. Nol Montalbo started the business with only P1,500 but is now employing 500 masseuse and therapists thus providing livelihood opportunities to many Filipinos.

Another Philippine contender in the Growth category is Human Resource Innovations and Solutions which is provides human resource solutions to businesses. HURIS began in 2005 with the firm mission of delivering quality services to its clients.

One of the two corporate social responsibility category finalists, Lamoiyan Corporation provides employment to the deaf community. Its CSR framework is based on the principles of human dignity and promoting self-worth anchored on the company values of building integrity and cultivating respect. The company started in 1987 and is the first Filipino toothpaste brand launched in the market.

Lamoiyan Corporation’s co-finalist is the NCST Institute of Industrial Research and Training. The company provides quality education and industrial capacity building. Through its program Study Now Pay Later Zero Cash Out Scheme, economically-challenged students are given access to quality and relevant industry-based training. From an initial 10 trainees, more than 30,000 students have benefited from this CSR program.

Fruitas Group Inc., is a finalist to not just one category but two. The company is competing for the award on either Innovation or Employment. Fruitas Group has been founded in 2002 by Lester Yu and has provided the local market with affordable fresh fruit beverages. Since its establishment, the brand has grown to include other concepts such as Buko Loco, Black Pearl, Friends Fries, and many more.

Another contender in the Employment category is the Titan Barong of Lumban which is a quality producer and retailer of barong tagalog. Few years ago, the company is only selling hundreds of their special barong tagalog, but today, they are now producing and selling an average of 100,000 pieces per year. The company has hired and provided employment to 178 employees in total.

Young entrepreneur Dennis Uy founded the UDENNA Corporation in 2002 which established a single independent filling station in the retail fuel industry. Under UDENNA are its two subsidiaries Phoenix Petroleum Philippines and Chelsea Logistics Holdings Corporation. Phoenix Petroleum is the 3rd biggest oil company while Chelsea Logistics in now a dominant player in the shipping industry.

Contending against Dennis Uy is Richard Sanz of FoodAsia Group. The company is involved in various businesses such as restaurant and bakery operations, food retail, food manufacturing, franchising, and real estate. From one employee, the company now has more than 500 employees.

Another women entrepreneur finalist is Nannette Medved-Po which leads the Friends of Hope, a business of purified bottled water established in 2012. The company’s program Hope in a Bottle donated 100% of its profits to the building of public school classrooms. Their brand empowers Filipinos to participate in building schools by buying their water bottles.

These are just the Philippine brands that will compete in the ASEAN Business Awards. While some are competing for two categories, a company cannot win in both. Watch out for the 2017 ASEAN Business Awardees!

ASEAN now likely 6th Largest Economy in the World

Monday, August 14th, 2017
Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

KUALA LUMPUR, Aug 4 — Presidential Adviser for Entrepreneurship and current ASEAN Business Advisory Council Chair Joey Concepcion attended the recently held ASEAN@50 Conference in Malaysia. The Department of Trade and Industry Secretary Ramon Lopez was also at the event wherein he gave the Keynote Address. The event was followed by the ASEAN Commemorative Dinner & Achievement Awards where Malaysian Prime Minister Datuk Seri Najib Razak was in attendance.

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Recent estimates suggest that Asean is now the sixth largest economy globally, as opposed to the seventh between 1975 and 2016, says the Prime Minster.

Najib said this rise in position also indicates Malaysia’s resilience in a challenging global environment.

“The Malaysian economy too has demonstrated its strength in recent years. The World Bank, the International Monetary Fund and the Organisation for Economic Cooperation and Development have issued reports commending the government’s sound macroeconomic management and success in transforming the economy into one that is well-diversified and inclusive,” he said in his keynote speech at the Asean@50 Commemorative Dinner and Achievement Awards, here today.

The event was hosted by the Asean Business Advisory Council (Asean-BAC) Malaysia, and Najib was accompanied by his wife, Datin Seri Rosmah Mansor, as well as International Trade and Industry Minister, Datuk Seri Mustapa Mohamed.

Najib said between 2009 and 2016, Malaysia’s Gross National Income increased by nearly 50 per cent and 2.26 million jobs were created.

“Malaysia’s inflation and unemployment have been kept low and we have secured record levels of Foreign Direct Investments, when opponents keep trying to scare people, that Malaysia is going bankrupt,” he added.

According to Najib, businesses would not be investing in Malaysia, if they felt that way, citing Hong Kong and Shanghai Banking Corporation investing over RM1 billion to build its future regional headquarters at the Tun Razak Exchange.

This is alongside Saudi Aramco investing US$7 billion for a 50 per cent stake in Petronas’ Refinery and Petrochemical Integrated Development in Johor, he said.

He said in addition, jobs had been created, wages lifted and skills transferred, which was good for investors and for Malaysians.

“We had a plan and that plan has delivered, and continues to deliver,” Najib added.

The dinner brought together 600 guests, not just from Malaysia, but from the Asean region and beyond. —ASEAN-BAC Malaysia

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ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

ASEAN @ 50: Pushing Prosperity for All

Monday, August 14th, 2017
Presidential Spokesperson Ernie Abella, ASEAN BAC Chair Joey Concepcion, Legal Counsel Sec. Salvador Panelo, ASEAN BAC Philippines Tessie Sy-Coson, and George Barcelon

Presidential Spokesperson Ernie Abella, ASEAN BAC Chair Joey Concepcion, Legal Counsel Sec. Salvador Panelo, ASEAN BAC Philippines Tessie Sy-Coson, and George Barcelon

Back in 1967, the Association of South East Asian Nations (ASEAN) was formed to create a bond among its members that will help each other in economic growth, social progress, and cultural development.

Move forward to today, we just celebrated the 50th anniversary of ASEAN last Tuesday. This is the 3rd chairmanship of the country with the first in 1987 and the second in 2006. We are lucky to host the 50th founding anniversary of the association.

President Rodrigo Duterte led the celebration in PICC last August 08, 2017. He briefly shared the background of ASEAN and how the history of cooperation among its members has worked well to advance our values and interests.

He also recognized the efforts of the private sector specifically the ASEAN Business Advisory Council in supporting the government in its mission to alleviate people from poverty. He said, “Public-private partnerships must be harnessed fully to lift up our people from poverty. Indeed, the ASEAN Business Advisory Council’s Alliance for Prosperity for All is showing how an inclusive business model will help achieve the growth of our MSMEs and our people in the grassroots.”

The Alliance for Prosperity for All was created with the mission to build a multi-sectoral, multi-disciplinary alliance of organizations and individuals and to pursue prosperity not just in the Philippines but across ASEAN nations.

We look forward to contributing more to the development and growth of our MSMEs and the members of the low-lying communities.

Additionally, I was part of Malaysia’s celebration of ASEAN50. Last August 4, a conference was hosted by ASEAN BAC Malaysia led by Tan Sri Dr. Mohd Munir Majid. In a forum, I shared the importance of MSMEs in ASEAN.

Afterwards, a dinner was attended by Malaysia’s Prime Minister Dato Sri Mohd Najib Tun Abdul Razak.

ASEAN has indeed proved that despite our differences in culture, religion, and political views, we can all have a solidarity of pushing for prosperity for all. We look forward to another 50 years of continuous growth and progress.

President Rodrigo Duterte with Presidential Adviser Joey Concepcion after the ASEAN50 celebration in PICC.

President Rodrigo Duterte with Presidential Adviser Joey Concepcion after the ASEAN50 celebration in PICC.

Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia chairman, led the celebration of ASEAN BAC Malaysia for ASEAN’s 50th anniversary

Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia chairman, led the celebration of ASEAN BAC Malaysia for ASEAN’s 50th anniversary

Malaysia Prime Minister Dato Sri Mohd Najib Tun Abdul Razak.

Malaysia Prime Minister Dato Sri Mohd Najib Tun Abdul Razak.

Malaysia’s Prime Minister Dato Sri Mohd Najib Tun Abdul Razak led the ceremonial cutting of the cake during the ASEAN@50 commemorative dinner in Malaysia.

Malaysia’s Prime Minister Dato Sri Mohd Najib Tun Abdul Razak led the ceremonial cutting of the cake during the ASEAN@50 commemorative dinner in Malaysia.

ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion joined a forum with Donald Kanak (Eastspring Investments), Masakuni Nakayama (Marubeni Corporation), Dr. Nikolai Dobberstein (A.T. Kearney), and Thaweelap Rittapirom (Bangkok Bank). The forum was moderated by Dr. Mohd Munir.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

ASEAN BAC Chair Joey Concepcion, Trade Secretary Ramon Lopez, Tan Sri Dr. Mohd Munir Majid, ASEAN BAC Malaysia Dr. Ramesh Kodammal, and ASEAN BAC Malaysia Datuk Farid Alias.

Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

Philippine Ambassador to Malaysia Charles Jose, Tan Sri Dr. Mohd Munir Majid, Sec. Ramon Lopez, Malaysia Minister of International Trade and Industry, YB Dato’ Sri Mustapa Mohamed, and ASEAN BAC Chair Joey Concepcion.

ASEAN BAC Chairman Joey Concepcion discussed why MSMEs are important in the ASEAN Integration.

ASEAN BAC Chairman Joey Concepcion discussed why MSMEs are important in the ASEAN Integration.