philstar.com - Business Life

Feb 082015
 
Go Negosyo’s inspiring Filipina entrepreneurs

Helena Benitez: One of our Mother of All Mother Entrepreneurs, she was the chair of the Philippine Women’s University, the first alumna who became its president and chairwoman. She was an active educator, society leader, legislator, and women’s advocate. Three weeks from now we will once again celebrate Women’s Month: March. And for the past six years, Go Negosyo has celebrated the contributions and successes of many Filipinas through our Filipina Entrepreneurship Summit. This summit is dedicated to all Filipinos — particularly Filipinas — who strive to improve their lives and contribute to the country’s success. For six years in a row, this summit, which usually has over 5,000 attendees, empowers our Filipinas by equipping them with a positive mindset and the tools and concepts necessary for them to pursue the path towards success, most especially by being entrepreneurial and enterprising. This year, during our seventh Filipina Summit, we will continue to recognize a new batch of Inspiring Filipina Entrepreneur Awardees who have inspiring stories of success in their own different fields. We all know that the business sector is no longer dominated by men. Even Pinays can be champions in the various fields and industries of this country. Before we name the latest batch of Filipinas, let me share with you some of our Most Inspiring Filipina Awardees for the past six seasons of the Filipina Summit. They have shared their stories, inspirations and advice with many. We hope that before we name the latest batch, you can learn Read More …

Feb 012015
 
Ben Chan: Game changer

Chan receives his trophy as he is inducted into the World Entrepreneur Of The Year Hall of Fame. MANILA, Philippines – Entrepreneur of the Year Philippines recently launched its 2015 search for the best Filipino entrepreneurs with the theme “Game Changers.” Entrepreneurs know that winning the game often means changing it for the better. Capitalizing on their strategic vision, they see the possibilities and opportunities that others cannot. They bring about positive transformation by applying creative innovation infused with dauntless determination. As game changers, entrepreneurs support a greater purpose, which is to improve the current business landscape. Ben Chan, Entrepreneur Of The Year Philippines in 2013, personifies these attributes.  The chairman of the board of Suyen Corporation represented the Philippines in World Entrepreneur Of The Year awards held in Monte Carlo in June 2014.  He looks back to the experience as a defining moment in his entrepreneurial career. Chan, whose fashion brand Bench embodies Filipino style, design ingenuity and world-class quality, joined top business leaders from 60 countries at the prestigious event.  He relates, “Taking things on a global scale raises the bar all together. It was truly a proud moment, but surreal at the same time, to be in the company of an elite group of global entrepreneurs specializing in various industries. I was just in awe learning about their own businesses, how they started and got to where they are. It was such an unforgettable moment.” Most memorable to him was when the country winners were introduced at Read More …

Jan 182015
 
Wine Story Academy offers course in wines and spirits

Want some knowhow with that wine?: The wine and food-pairing exercises the WSET program offers at Wine Story Academy. MANILA, Philippines – This January, those keen on embarking or continuing a career in the hotel and restaurant industry and/or who simply consider wines a source of immense pleasure can deepen their knowledge on grape varieties, food-and-wine pairings, label terminologies, and other wine-related matters. Wine Story Academy (WSA) will offer professionals representing diverse industries and serious wine enthusiasts in Manila a chance to further their careers and rekindle their passion for wine with a Wine and Sprit Education Trust (WSET) course. The WSET Level 2 Award in Wines and Spirits will take place on Jan. 22-24 at the G/F of Wine Story in Shangri-La Plaza Mall, Mandaluyong City, from 9 a.m. to 4 p.m. each day. Students will learn about the prominent wine regions of the world and taste 47 wines and spirits. The course will tackle the factors that influence wine, key grape varieties in wine-producing regions across the world, different types of wines, spirits and liqueurs, plus the WSET Level 2 Systematic Approach to Tasting Wine. Successful students will be given a certificate and the WSET Level 2 Award in Wines and Spirits lapel pin. There is no prerequisite for attending, though prior knowledge of wine basics is recommended. At present, WSA has a passing rate of 97 percent with 75 percent of all graduates achieving above-average ratings of “Pass with Distinction” and “Pass with Merit.” WSA conducts four levels of WSET Read More …

Jan 152015
 
Woman sentenced to 219 years in prison in sex ring case

BAY MINETTE, Ala. — A judge has sentenced an Alabama woman to 219 years in prison for her role in an incestuous sex ring accused of molesting children for years. Wendy Holland showed no emotion as the judge sentenced her to what amounts to a life sentence on Thursday. Jurors convicted the 35-year-old woman of sodomy, sexual abuse and other charges last month. Another defendant, William Brownlee, got a 20-year prison sentence. Authorities say the two were part of a group of relatives and friends who sexually abused multiple children in Baldwin and Mobile counties. One of the alleged victims is Brittney Wood, who disappeared at age 19 in 2012 and is now presumed dead. Holland is the teen’s aunt. 

Dec 282014
 
UNO Premier launches in grand style

MANILA, Philippines – Celebrities converged for a night of glitz and glamour as Unlimited Network of Opportunities Inc. International (UNO Intl.) introduced its newest brand for the highend market, UNO Premier. Held at the Enderun Colleges at the Fort, among the celebs spotted were Jean Garcia, Viv ian Velez, basketball player Don Allado and many others. The affair started with audiovisual pre sentations about the milestones of its mother company, UNO, and the introduction of its new, luxurious and highquality product line under the UNO Premier brand. The company is proud of its tradition as the leading network marketing company in the country, dwarf ing other competitors with its over 500,000 strong members/ distributors worldwide. The collective presentations of trailblazing UNO Board members William Barbo, Oliver Chua and Herbie Chua also showcased the new digital media arms of the company such as the UNO Premier website, UNO Apps and Facebook page. They also highlighted a new, prestigious office address at The Fort, Taguig. Oliver Chua introduced Le Jeune Cosmetiques, a luxurious makeup line that includes Le Jeune Minerals, cosmet ics infused with the opulence of 24karat gold microparticles, and delivered with the finest natural ingredients sourced from Japan, Switzerland and Germany. The line also includes Mineral BB Foun dations, Multipurpose Mineral Eye shadows, Mineral Lip Lacquer, Mineral Lip and Cheek Tint. Each set contains a powder brush and dual eyeshadow/ eyeliner brush made of the highest qual ity softest vegan hair, to ensure precise and perfect application. He also unveiled Read More …

Dec 282014
 
Globe Business toasts uptrend in expansion and growth

Globe EVP and COO Gil Genio: “No matter who we are, what we have or where we came from, we can aspire for greatness.”     MANILA, Philippines – The Philippine information technology-business process management (IT-BPM) industry continues its uptrend in expansion and growth in 2014. In terms of voice services, it has maintained its top position in the world, providing for a better life and future to a talent pool consisting of over a million Filipinos. Indeed, the sector has more than enough reasons to take stock. At the welcome gala of the 2014 International IT-BPM Summit, Globe Business celebrated these achievements with performances by the best homegrown musical talents, which, like the state of our local outsourcing segment, are nothing short of world-class. In his speech, Globe executive vice president and chief operating officer for International and Business Markets Gil Genio underscored the distinct Filipino trait of pagpupunyagi or determination.  “We rise up and work hard no matter how many times we fall — a trait that is reflective of the way we work and the way we dream as a nation. It reminds all of us that no matter who we are, what we have or where we came from, we can aspire for greatness.” Noted senior vice president Nikko Acosta, “This is our way of saluting the indomitable Filipino spirit. Despite being one of the most disaster-prone nations, the world entrusts their businesses to the Philippines. More than our trademark brand of caring, it is the resilience and Read More …

Dec 212014
 
Shell finance director named CFO of the Year

Shell Philippines Exploration BV finance director Jose Jerome “Jeng” Pascual II (center) receives the prestigious ING-FINEX CFO of the Year Award 2014 from awards committee overall chairman Judith Lopez, Integrity Initiative chairman Ramon del Rosario Jr., chairman of the board of judges Florencia Tarriela, ING Bank NV (Manila) country manager Consuelo Garcia, FINEX president Edmundo Soriano, and founding chairman and liaison director Victor dela Dingco. MANILA, Philippines – The Finance Executives Institute of the Philippines (FINEX), together with Dutch financial giant ING Bank, conferred the 2014 ING-FINEX Chief Financial Officer (CFO) of the Year award to Shell Philippines Exploration BV (SPEX) finance director Jeng Pascual, in a ceremony held recently at the Peninsula Manila Hotel in Makati City. Top financial executives and highly respected finance experts selected Pascual for his excellence in four key areas: as a strategist, catalyst, operator, and steward, exemplified in his roles as finance director of SPEX, as well as in his many other roles as the country controller of the Shell companies in the Philippines, and chairman of the board of trustees of the Shell Pension Fund.  Pascual is the first ever CFO from a multinational company to be given the award. He also receives the citation on the centenary of Shell companies in the Philippines in 2014. Pascual joins the distinguished roster of FINEX CFO awardees such as Delfin Gonzales Jr. of Globe Telecom in 2007; Sherisa Nuesa of Manila Water in 2008; Jose Sio of SM Investments Corporation in 2009; Ysmael Baysa of Read More …

Dec 142014
 
Andrew Tan on his UK distillery mega-deal, need for decentralized development and PAL

Andrew Tan: “I prefer the word ‘luck’ to ‘destiny,’ because it might not sound humble. I thank God for blessings. It’s really luck; I just happen to be there at the right place at the right time.” As the ASEAN economic integration begins with its daunting challenges and the world economic center of gravity shifts to Asia, how can we in the Philippines take advantage of opportunities and adapt to irreversible changes? One inspiring role model is a self-made business taipan and the country’s most audacious dealmaker for 2014, Megaworld and Alliance Global Group founder Andrew Tan, who in May this year made history for the Philippines by leading his publicly-listed Emperador Distillers to buy the United Kingdom’s  iconic Scottish Scotch whisky-maker Whyte & Mackay for US$720 million in May. Sources said there were originally 16 groups interested in Whyte & Mackay, but these were shortlisted. Tan personally oversaw Emperador’s win in London over Western conglomerates such as the French luxury giant LVMH Moët Hennessy Louis Vuitton, American liquor group Brown-Forman (producers of Jack Daniel’s Tennessee whiskey), Italian beverage group Gruppo Campari and Russian billionaire Roustam Tariko (producer of Russian Standard vodka), after two rounds of bidding.  Among Tan’s other diversified businesses include the McDonald’s fast-food restaurant chain, township developments nationwide like Eastwood City, the Philippines’ pioneer BPO/call center enclaves and the 24-hour Resorts World Manila. Despite being ranked this year as the country’s third wealthiest billionaire, Tan remains unassuming and self-effacing when asked about his “rags-to-riches” saga. Here are Read More …

Dec 072014
 
Telus Philippines and Kythe Foundation team up to help children living with cancer

Girlie Garcia-Lorenzo, Kythe Foundation’s executive director; Milette Belen, Telus International Philippines’ CSR and Community Board manager; Karen Rivera, Kythe Foundation’s partner relations manager; and Phoebe Carrera, Telus International Philippines’ CSR officer MANILA, Philippines – Every child has the right to learn, play and grow, even those confined to hospitals. Telus International Philippines (TIP) teamed up with the Kythe Foundation for a day of shared learning, playing and growing with children currently under the care of the Philippine Children’s Medical Center in Quezon City. A group of TIP team member volunteers were given the opportunity to interact with the kids in a safe and nurturing environment, where they got to know one another, played games together, and learned from each other, thanks to a P280,000 / CDN $7,110 donation to the Kythe Foundation from the TIP Community Board.  The Kythe Foundation, led by executive director Girlie Garcia-Lorenzo, holds events like this to give confined children a chance to have fun and celebrate, while at the same time shedding light on the issues of improving the quality of life of hospitalized children with cancer and other chronic illnesses. TIP supports Kythe’s commitment to understanding what children go through at hospitals and its mission to identify and respond to the needs of child-patients in holistic ways. The TIP Community Board is an instrumental part of the company’s “we give where we live” community investment strategy. TIP’s Community Board is comprised of distinguished community leaders and local Telus team members who have strong connections within the community, business and leadership expertise, and a great sense of compassion and willingness to make a Read More …