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Page 1: ABJ July Issue Cover...2018/07/08  · BOARD MEMBERS GLENN LOOP U.S. CONSULAR AGENCY, CEBU ED TONGCO HAROLDS HOTEL JAKE MARQUES GREEN ACRES CORP. - PHIL. (GACPHIL) BRIAN CONNELLY MARCO
Page 2: ABJ July Issue Cover...2018/07/08  · BOARD MEMBERS GLENN LOOP U.S. CONSULAR AGENCY, CEBU ED TONGCO HAROLDS HOTEL JAKE MARQUES GREEN ACRES CORP. - PHIL. (GACPHIL) BRIAN CONNELLY MARCO
Page 3: ABJ July Issue Cover...2018/07/08  · BOARD MEMBERS GLENN LOOP U.S. CONSULAR AGENCY, CEBU ED TONGCO HAROLDS HOTEL JAKE MARQUES GREEN ACRES CORP. - PHIL. (GACPHIL) BRIAN CONNELLY MARCO
Page 4: ABJ July Issue Cover...2018/07/08  · BOARD MEMBERS GLENN LOOP U.S. CONSULAR AGENCY, CEBU ED TONGCO HAROLDS HOTEL JAKE MARQUES GREEN ACRES CORP. - PHIL. (GACPHIL) BRIAN CONNELLY MARCO

2 AMCHAM BUSINESS JOURNAL | JULY 2018

All rights reserved. AmCham Business Journal is a general business magazine published

monthly by The American Chamber of Commerce of the Philippines, Inc., with offices at

2nd Floor, Corinthian Plaza, Paseo de Roxas, Legaspi Village, Makati City 1229 (C.P.O. Box

2562, Makati City1265), Philippines; telephones: (632) 818-7911 to 13; fax (632) 811-3081 /

811-3184; emails: [email protected] / [email protected];

website: www.amchamphilippines.com. Publication Registration No.: ISSN-0116-452X

All views expressed in all articles are those of the authors and not of The American

Chamber of Commerce of the Philippines, Inc. The American Chamber of Commerce of

the Philippines, Inc. accepts no liability for the accuracy of the data or for the editorial

views contained in the articles. Publication of unsolicited articles is at the sole discretion

of the Publications Committee.

No article or content can be reproduced in any manner whatsoever without the prior written

consent or authorization of The American Chamber of Commerce of the Philippines, Inc.

Entered as second-class mail at the Manila Post Office on May 24, 1921 and on December 10,

1945. Re-entered as second-class mail at the Makati Central Post Office on May 07, 1992 and

under Permit #534 dated May 24, 1993.

THIS MONTH'S ISSUE

The Philippine-U.S. partnership has a long-standing history. In leading up to the Door Knock issue, we commemorate that history by remembering what's it important: that we, our two nations, are friends, partners, and allies. Contents

JULY 2018 VOL 93 NO 07

OTHER SECTIONS

02 AMCHAM PUBLICATIONS 05 AMCHAM STANDING COMMITTEES04 2018 OFFICERS & DIRECTORS 40 MEMBERS' BIRTHDAYS: AUGUST - SEPTEMBER AMCHAM CHAPTERS INDEX TO ADVERTISERS

AMCHAM SOCIAL MEDIA ACCOUNTS

PUBLICATIONS

EBB HINCHLIFFEEditor-in-Chief

MIKHAIL BANZONCommunications Manager

CHRISTINA TUGUIGUIWebsite Director

CHET GUEVARAAdvertising Head

EYA MARTINEZLayout Editor

LESLIE ANN MURRAYPublications Consultant

ROY I. FULGADOPhotographer

ERNIE CECILIAChairman, Publications Committee

MANUEL R. GUILLERMOPublications Committee Adviser

ATTY. EMMANUEL T. SANTOSMember, Publications Committee

Published ByTHE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC.

MemberPUBLISHER ASSOCIATION OF THE PHILIPPINES, INC.

10

EDITORIAL

08 2018 APCAC AND DOOR KNOCKby Ebb Hinchliffe, Editor-in-Chief

COVER STORY

10 US AND THE PHILIPPINES:FRIENDS, PARTNERS, AND ALLIES

by U.S. Ambassador Sung Y. Kim

28 REGISTRATION FOR THE 2018-2019 PHILIPPINES: PAST AND PRESENT HISTORY COURSE IS NOW OPEN

Submitted by Museum Volunteers of the Philippines

COMMUNITY NEWS

CORPORATE SOCIAL RESPONSIBILITY

34 P&G AND THE "LINIS, LUSOG,K A B A T A A N " P R O G R A M CONTINUES TO INSTILL GOOD AND PROPER HYGIENE TO COMMUNITIES

Submitted by P&G

FEATURES

12 ADB'S ASIA CLEAN ENERGYFORUM 2018: HARNESSING INNOVATION TO POWER THE FUTURE

Submitted by Asian Development Bank

30 FARMERS EYE TECHNOLOGIESA N D I N N O V A T I O N A S LEYTE SEEKS TO SUSTAIN AGRICULTURE GROWTH

by USAID

AMCHAM ROUNDUP

20 MIDYEAR ASSESSMENT OF THE17TH CONGRESS

IMPORTANCE OF VACCINES AND KNOWLEDGE IBN VACCINE-PREVENTABLE DISEASES

21 SOCIAL LAUNCH: TOMORROW'SLEADERS

22 WOMEN IN LEADERSHIP:GINA LOPEZ

AIRPORT PROJECT TALK SERIES

23 NEW MEMBER WELCOMEBREAKFAST

PEACE AND ORDER AND THE POLITICAL SITUATION IN METRO MANILA

24 GENERAL MEMBERSHIPLUNCHEON MEETING: IOT ( I N T E R N E T O F T H I N G S ) ENDLESS OPPORTUNITIES AND CONNECTIONS

25 THE IMPLEMENTATION PLANSFOR THE EASE OF DOING BUSINESS ACT

PEAR SHOULD BE GOOD: THE PERSONAL EQUITY AND RETIREMENT ACCOUNT

26 NORTH LUZON CHAPTERG E N E R A L M E M B E R S H I P LUNCHEON MEETING

MINDANAO CHAPTER GENERAL MEMBERSHIP LUNCHEON MEETING

36 BOOMERS' WOES ANDOPPORTUNITIES

by Ernie Cecilia, DPM

BUSINESS OF BUSINESS

SIGNATURE EVENT FEATRURE

32 GENERAL MEMBERSHIP MEETING MEMOIRS

by KV Rojas

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4 AMCHAM BUSINESS JOURNAL | JULY 2018

2018 OFFICERS AND DIRECTORS

HONORARY CHAIRMAN H.E. SUNG Y. KIMUS AMBASSADOR TO THE PHILIPPINES

PRESIDENT JAMES WILKINSFLUOR DANIEL, INC. - PHILIPPINES

1ST VICE PRESIDENT RICK SANTOSSANTOS KNIGHT FRANK, INC.

2ND VICE PRESIDENT ROBERTO BATUNGBACALDOW CHEMICAL PACIFIC LTD.

TREASURER PHILIP SOLIVENCARGILL PHILIPPINES, INC.

DIRECTORS JOCOT DE DIOSGENERAL ELECTRIC PHILIPPINES, INC.

MARK LWINAIG PHILS. INSURANCE, INC.

LUIS PINEDAIBM PHILIPPINES, INC.

VARINIA ELERO-TINGAPMFTC, INC.

SHANKAR VISWANATHANPROCTER & GAMBLE INTERNATIONAL OPERATIONS (SA) ROHQ

MARIFE ZAMORACONVERGYS PHILIPPINES SERVICES CORPORATION

DIRECTORS, EX-OFFICIOS GEORGE DRYSDALEMARSMAN DRYSDALE GROUP

DONALD FELBAUMOPTEL,

ROBERT M. SEARSAMERICAN HISTORICAL COLLECTION FOUNDATION, INC.

EXECUTIVE DIRECTOR EBB HINCHLIFFE

CORPORATE SECRETARY ATTY. AILEEN TOLOSA-LERMAROMULO MABANTA BUENAVENTURASAYOC DE LOS ANGELES LAW OFFICE

NORTH LUZON CHAPTER DENNIS WRIGHTPRESIDENT PEREGRINE DEVELOPMENT INTERNATIONAL INC.

VISAYAS CHAPTER JEFF MINNICKPRESIDENT LEXMARK RESEARCH & DEVELOPMENT

CORPORATION

MINDANAO CHAPTER ATTY. LEONCIO VILLA-ABRILLEPRESIDENT CASAREO VILLA-ABRILLE DEVELOPMENT CORP.

ACTING EXECUTIVE DIRECTOR, ROMMEL RAGASAAMCHAM FOUNDATION RETIREMENT FUND

2nd Floor, Corinthian Plaza Building, 121 Paseo de Roxas corner Gamboa StreetLegazpi Village, Makati City 1229

Tels.: (632) 818 7911 to 13 • Fax: (632) 811 3081E-mail: [email protected]

Website: www.amchamphilippines.com

2018 BOARD OF GOVERNORS

PRESIDENT DENNIS WRIGHT

BOARD MEMBERS LINDA PAMINTUANSUBIC - CLARK ALLIANCE FOR DEVELOPMENT

RALPH REUBEN MORALESTEXAS INSTRUMENTS PHILIPPINES INC.

EFREN ALBERTO JR.MOOG CONTROLS CORP.

FRANCISCO VILLANUEVACLARK DEVELOPMENT CORPORATION

BASTIAN SLUITMANPERFORMANCE SOFTWARE PHILIPPINES, INC.

JACK WALKERASIA PACIFIC STRATEGIES & SOLUTIONS, LLC

CHAPTER OFFICE JOAN-ELEANOR SABROSOMANAGER

Building 7294, C.M. Recto Avenue, Clark Freeport Zone, Pampanga, 2023Telefax: (632) 811 3081; Mobile: 0927 912 3248

E-mail: [email protected]

THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC.(Founded 1902 - Incorporated 1920)

AMCHAM NORTH LUZON CHAPTER(2015)

2018 BOARD OF TRUSTEES AND OFFICERS

HONORARY CHAIRMAN MICHAEL KLECHESKIUS EMBASSY DEPUTY CHIEF OF MISSION

PRESIDENT EDWIN FEISTADVANCED NUTRITION TECHNOLOGY

VICE PRESIDENT/TRUSTEE JOSEPHINE B. GONZALESFORD GROUP PHILIPPINES

CHRISTOPHER J. NELSONPHILIPPINE NATIONAL BANK

TREASURER/TRUSTEE RICHARD MCGONEGALRCG GLOBAL SERVICES

CORPORATE SECRETARY/ JACQUELINE R. LAURELTRUSTEE ROMULO MABANTA BUENAVENTURA

SAYOC & DE LOS ANGELES

TRUSTEES ENG HEE "ROGER" LIMBELREWMOND TRADING, INC.

ROSARIO S. VENTURALEE HECHT HARRISON

ULYSEES ANTONIO C. RIVERAQUEZON POWER (PHILIPPINES) LIMITED CO.

VARINIA ELERO-TINGAPMFTC, INC.

MICHAEL JAMES BECKERZUELLIG PHARMA CORPORATION

EDWIN C. NGO128 DREAM FOUNDATION CORPORATION

RAISSA ROMINA R. BAUTISTACHEVRON PHILIPPINES, INC.

MARISSA DE UNGRIASC JOHNSON & SON, INC. (PHILIPPINES)

ACTING EXECUTIVE DIRECTOR ROMMEL RAGASA

Leonard Benjamin Development Center,4554 Casino corner Olivarez Street, Palanan, Makati CityTels.: (632) 834 0184; 551 8060 • Tel/Fax: (632) 834 1192

E-mail: [email protected]: www.amchamfoundation.com

THE AMERICAN CHAMBER FOUNDATION PHILIPPINES, INC. (Founded 1985)

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THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC. 5

CORPORATE SPONSORS

2018 BOARD OF GOVERNORS

PRESIDENT JEFF MINNICK

VICE PRESIDENT ZAIDEVIC M. ZAFRASAVVYSHERPA ASIA, INC.

TREASURER SANTHANA VAIDISWARANTIMEX PHILIPPINES, INC.

CHAPTER SECRETARY JENNY R. BARTESANTA FE RELOCATIONS SERVICES PHILS., INC.

BOARD MEMBERS GLENN LOOPU.S. CONSULAR AGENCY, CEBU

ED TONGCOHAROLDS HOTEL

JAKE MARQUESGREEN ACRES CORP. - PHIL. (GACPHIL)

BRIAN CONNELLYMARCO POLO PLAZA CEBU

WILSON P. NGNG KHAI DEVELOPMENT CORPORATION

RENAN E. AYO, JR.3M PHILIPPINES INC.

ROGER LIMRQLIM RESOURCES INC.

CHAPTER OFFICE MANAGER BRENDA LISEN

18th Floor, The Link, Cebu IT Park, Apas, Cebu City 6000Tels.: (032) 238 8922; 316 1093 • Fax: (032) 232 2373

Mobile: 0917 323 1972E-mails: [email protected] ; [email protected]

AMCHAM VISAYAS CHAPTER(1987)

2018 BOARD OF GOVERNORS

PRESIDENT ATTY. LEONCIO P. VILLA-ABRILLE

IST VICE PRESIDENT LUIS C. BONGUYANL.C. BONGUYAN & CO., CPA'S

2ND VICE PRESIDENT FERDINAND Y. MARANONL.C. BONGUYAN & CO., CPA'S

CORPORATE SECRETARY ATTY. GERALDINE Q. TIUQUIMOSING-TIU LAW OFFICE

ASSISTANT CORPORATE ROSSANO C. LUGASECRETARY DAVAO LIGHT & POWER CO., INC.

TREASURER DR. JOCELYN B. CATAMPODOC JOY DOCUMENTATION & CONSULTANCY SERVICES

ASSISTANT VINA FLOR CONCEPCION WURGLER-CRONINTREASURER MARCO POLO DAVAO

DIRECTORS RICARDO F. LAGDAMEODAMOSA LAND, INC.

BENIRANDO D. CLAUDIOSARANGANI LAND & PROPERTY CORP.

ELPIDOO M. PARASPARASAT CABLE TV, INC.

CHAPTER OFFICE MANAGER ANNIE QUITAY

2nd Floor, Door 207-208, Don Cesareo, Villa-Abrille Building,Jacinto corner Juan Luna Streets, Davao City 8000

Mobile: 0916 876 7729 E-mails: [email protected] ; [email protected]

AMCHAM MINDANAO CHAPTER(1988)

DIRECTOR EBB HINCHLIFFE

AMERICAN DESK SPECIALIST YVES AGUILOS

385 Sen. Gil Puyat Avenue, Makati CityTels.: (632) 895 8851; 895 3918 • Fax: (632) 896 2315

E-mails: [email protected]@amchamphilippines.com

AMERICAN DESK AT THE BOARD OF INVESTMENTS(Established 1992) 2018 BOARD OF TRUSTEES

PRESIDENT LT. COL. ARTEMIO MATIBAG

VICE PRESIDENT ROBERT HUDSON

TREASURER ROBERT M. SEARS

TRUSTEES LESLIE ANN MURRAYRICARDO JOSE

RICHARD MCGONEGALDAN LARSEN

ADVISORY COUNCIL JAMES LITTONPHILIPPINES EBB HINCHLIFFE

JOSE CUSTODIOELSA GINES

EDGAR KROHN, JR.ROBERT BLUME

BETH DAY ROMULODENNIS WRIGHT

ADVISORY COUNCIL ALEX KELLERU.S.A. JESS THOMPSON HUBERTY

STEVE GIBSONLOU PRICHETT

FOUNDERS HELENA Z. BENITEZ łATTY. WILLIAM H. QUASHA ł

COL. EDWIN P. RAMSEY łCOL. LEE A. TELESCO ł

J. MARSH THOMPSON ł

F.A.M.E. SPECIALIST KV ROJAS

c/o The American Chamber of Commerce of the Philippines, Inc.2nd Floor, Corinthian Plaza Building, 121 Paseo de Roxascorner Gamboa Street, Legazpi Village, Makati City 1229

C.P.O. Box 2562, Makati City 1265Tels.: (632) 818 7911 to 13 • Fax: (632) 811 3081

E-mail: [email protected]: www.filipino-americanmemorials.org

FILIPINO-AMERICAN MEMORIAL ENDOWMENT, INC. (Founded 1986)

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6 AMCHAM BUSINESS JOURNAL | JULY 2018

AGRIBUSINESS

ENERGY & POWER

ENERGY EFFICIENCY

ENVIRONMENT AND URBAN DEVELOPMENT

FINANCIAL SERVICES AND TAXES & TARIFF

HEALTHCARE AND WELLNESS

HUMAN CAPITAL & RESOURCES

INFORMATION & COMMUNICATIONS TECHNOLOGY

INFRASTRUCTURE & LOGISTICS

INTELLECTUAL PROPERTY RIGHTS

LEGISLATIVE

MANUFACTURING

PHARMACEUTICAL

PROFESSIONAL WOMEN OF AMCHAM

SECURITY & DISASTER RESOURCES GROUP

TOURISM & HOSPITALITY

TRADE & INVESTMENT

YOUNG PROFESSIONALS

AMCHAM STANDING COMMITTEES

PHILIP G. SOLIVEN / VARINIA ELERO-TINGA

JOCOT DE DIOS / FRANK THIEL

SAFDAR QURAESHI

ARCH. JUN PALAFOX / JAMES DONOVAN

ATTY. JULES RIEGO / ROMBIT R.M. CO, JR.

DONALD FELBAUM / RICHARD MCGONEGAL

ERNIE CECILIA / GRACE SORONGON

DONALD FELBAUM / FRANK HOLZ

JAIME FAUSTINO / JOHN PETERSON

ATTY. DIVINA P.V. ILAS-PANGANIBAN, LL.M. / ATTY. PRINCESS ASCALON

JOHN D. FORBES / ATTY. ELAINE COLLADO

DAN LACHICASHANKAR VISWANATHAN

BRENT DENNING

ATTY. MELANIE LAGERAVARINIA ELERO-TINGA

SIMOUN UNG / PETE TROILO

ROBERT BLUME / FARID SCHOUCAIR / DOROTHY DRYSDALE

MARIO BISCOCHO

SIMONE MARTINELLI

KV ROJAS

BEA BALDONADO

BEA BALDONADO

KV ROJAS

BEA BALDONADO

YVES AGUILOS

BEA BALDONADO

YVES AGUILOS

KV ROJAS

YVES AGUILOS

BEA BALDONADO

KV ROJAS

BEA BALDONADO

BEA BALDONADO

KV ROJAS

YVES AGUILOS

BEA BALDONADO

MEMBERSHIP

• KAPIHAN• NETWORKING / GENERAL MEMBERSHIP

MEETINGS• WELCOME BREAKFAST

CHAPTERS• NORTH LUZON• VISAYAS• MINDANAO

PUBLICATIONS

CORPORATE PARTNERS

ROLAND DELA CRUZ

EBB HINCHLIFFE / LESLIE ANN MURRAY

EBB HINCHLIFFE

ERNIE CECILIAMANUEL R. GUILLERMO

EBB HINCHLIFFE

PAULINE SANTOS

PAULINE SANTOSKV ROJAS

PAULINE SANTOS

PAULINE SANTOSJOAN SABROSOBRENDA LISENANNIE QUITAY

MIKHAIL BANZONEYA MARTINEZ

CHET GUEVARACHRISTINA TUGUIGUILESLIE ANN MURRAY

CHRISTINA WINTON

AMCHAM FOUNDATION

AMDESK AT THE BOI

BUSINESS LEADERSHIP PROGRAM (BLP)

FILIPINO-AMERICAN MEMORIAL ENDOWMENT (FAME)

THE ARANGKADA PHILIPPINES PROJECT (TAPP)

WASHINGTON RELATIONS / APCAC

EDWIN D. FEIST / ROMMEL RAGASA

EBB HINCHLIFFE

JUN SALIPSIP / DAVID CALDWELL

LT. COL. ART MATIBAGROBERT HUDSON

JOHN D. FORBES

RICK SANTOS / GEORGE DRYSDALE

YVES AGUILOS

PINKY JAMILI

KV ROJAS

YVES AGUILOS

DIVINA COMBES

CHAIRMENCOMMITTEE INDUSTRY DEVELOPMENT SPECIALIST

INTERNAL

ACTIVITIES / ADVOCACY / AFFILIATE

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THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC. 7

AMCHAM STAFF

ASSISTANT TO THE E.D. DIVINA COMBES

HUMAN RESOURCES / ADMIN OFFICER RACHEL DE GUZMAN

RECEPTIONIST CELINE LAUREL

ACCOUNTING MANAGER PATRICIA ESTRELLA

ACCOUNTING HEAD ELMER YANUARIA

CASHIER DOMINADOR BORRES

ACCOUNTS RECEIVABLE SPECIALIST CRISTINA TEVES

ADMIN SERVICES ROY FULGADO

DRIVERS RICK PEJIERNIE AALA

PROGRAM MANAGER, VICKY SAN JUAN-COCOMMITTEES AND INDUSTRY RELATIONS

INDUSTRY DEVELOPMENT SPECIALISTS YVES AGUILOS(IDS) KV ROJAS

BEA BALDONADO

GOVERNMENT LIAISON YVES AGUILOS

CORPORATE PARTNERSHIP CONSULTANT CHRISTINA WINTON

MEMBERSHIP MANAGER PAM SANTOS

NORTH LUZON JOAN-ELEANOR SABROSOCHAPTER OFFICE MANAGER

VISAYAS BRENDA LISENCHAPTER OFFICE MANAGER

MINDANAO ANNIE QUITAYCHAPTER OFFICE MANAGER

COMMUNICATIONS MANAGER MIKHAIL BANZON

WEBSITE DIRECTOR CHRISTINA TUGUIGUI

ADVERTISING HEAD CHET GUEVARA

LAYOUT EDITOR EYA MARTINEZ

PUBLICATIONS CONSULTANT LESLIE ANN MURRAY

LIBRARIAN AURORA GALVEZ

BUSINESS LEADERSHIP PROGRAM MANAGER PINKY JAMILI(BLP)

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8 AMCHAM BUSINESS JOURNAL | JULY 2018

EDITORIAL

Perhaps, while you are reading this, the annual APCAC Door Knock will have just concluded

in Washington DC. This annual event is scheduled this year from July 15-20.

The Door Knock is an opportunity for our AmCham members to go to Washington and showcase, to the members of the U.S. Senate and Congress, what we are doing in Asia Pacific to support American business interests with our APCAC colleagues. (The primary objective of the Door Knock is to meet with the U.S. Chamber of Commerce in Washington D.C. and also to make visits to select concerned U.S. Senators and Congressmen in their offices there. Members from all the APCAC chambers attend these annual meetings, being open to all our AmCham Philippines members as well. Consider joining the group next year and lending

your voice to our delegation.)Let’s begin with a quick look at

APCAC .Established in 1968, the Asia Pacific

Council of American Chambers of Commerce is the association of 28 American Chambers of Commerce in the Asia-Pacific region (http://www.apcac.org/). APCAC’s collective membership represents over 15,000 businesses, over 50,000 overseas American workers and over 10 million employees. American enterprises provided over $620 billion USD in trade and investment in the APCAC region in 2016. APCAC supports policies and initiatives that make it easier for American companies to do business in Asia.

Another way to describe APAC is to look at a world map – and, starting from India, Bangladesh, Sri Lanka, and looking across the region all the way to

Guam; then, look northward to Mongolia, China, Korea, and go all the way down and south to New Zealand and Australia. All those countries and everything in between have an American Chamber office, and this is what makes up APCAC.

How important is this region and the Chambers in it? The following is some data furnished by the Executive Committee of APCAC.

U.S. - ASIA PACIFIC TRADE

• 62% of American Exports go to Asia-Paci�c.

• Asia-Paci�c Middle Class will be responsible for 59% of Global Middle Class Consumption by 2030.

• Businesses involved in goods and services exports to Asia-Paci�c support over 3.5 million American jobs.

• 60% of Global Infrastructure Spending goes into Asia-Paci�c.

• 95% of the world's consumers live outside the United States.

• Inbound Investment from Asia-Paci�c to the U.S. was more than $724 billion in 2015.

• Asia-Paci�c 6.2% Projected Annual GDP Growth through 2020.

• 39 American States send a quarter or more of their exports to Asia.

• Amer ican-based bus inesses exported over $637 billion of goods and services to Asia-Paci�c in 2016.

• U.S. goods and services exports to Asia Pacific support over 3.5 million U.S. jobs.

Not at all “chump change” monetarily, and our politicians back in the US need to be reminded of it.

Every year, there are “3 T’s” discussed during the Door Knock: Trade, Taxes and Travel. This year’s Door Knock will be focusing on the Trade initiatives that will make it easier for America to compete and do business in Asia.

The main Tax issue is the need for the US to adopt a Territorial (Residence-Based) Tax System for Americans working abroad. This was the original advocacy of APCAC 50 years ago and it continues today.

Previously the Travel issue was the APEC Business Travel Card which has now been passed into law - without an expiration date. However this year’s Door Knock will be used to thank the Congress for doing so and encourage them to keep this beneficial endeavor.

The results of the discussions on these “3 T’s” will be the topic of the future Editorial after the Door Knock. Stay tuned for that. “3 T’s” will be the topic of the future Editorial

MR. EBB HINCHLIFFEEXECUTIVE DIRECTORAMCHAM PHILIPPINES

2018 APCAC AND DOOR KNOCK

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10 AMCHAM BUSINESS JOURNAL | JULY 2018

COVER STORY

BY U.S. AMBASSADOR SUNG Y. KIM

Every July 4th, the United States and the Philippines celebrate Philippine-American

Friendship Day and the United States celebrates our Independence Day. This gives me an opportunity to re�ect on the U.S.-Philippine bilateral relationship, as well as my time here. Over the past 18 months I have been touched by the warmth and hospitality of the Filipino people; I am honored to call so many Filipinos friends. Every day, it seems, I am grati�ed by the depth and breadth of the U.S.-Philippine relationship. At the Embassy, we often talk about the United States and the Philippines being friends, partners, and allies. And it seems this is a perfect time to highlight just how apt that description is.

Friends

The U.S.-Philippine friendship is built on shared sacrifices and shared values. It also is built on people-to-people ties, forged through education, exchanges, family connections, and travel. There are more than 300,000 U.S. citizens living and traveling in the Philippines at any given time, and an estimated four million U.S. citizens of Philippine ancestry. Nearly every person I have met has a family member in the United States. I also am constantly struck by our extensive, longstanding educational ties, which we have worked hard to continue building. In one important example, it was an honor to celebrate the 70th anniversary of the formation of the United States Educational Foundation in the Philippines earlier this year. Among

its many contributions to our enduring friendship is the Philippine Fulbright program - the oldest continually-running Fulbright Program in the world. That highly respected program has sent more than 3,200 Filipino scholars to the U.S and brought more than 1,000 U.S. scholars to the Philippines. Among these are some of the Philippines’ highest achieving artists, scientists, and public servants. Building on this success, the EducationUSA program has helped thousands of Filipino students study at U.S. colleges and universities. This year, EducationUSA held fairs for Philippine students in Manila and Cebu City, with 34 U.S. schools in attendance.

As we think about friendship and family, we naturally want to protect the future generations. In one example, our friendship was reinforced when the U.S. joined with the Philippine Dangerous Drugs Board and the 26th Annual National Youth Congress that successfully engaged young Filipinos to promote drug abuse prevention in May

of this year. We partner with the DDB to fight the scourge of illicit drugs through community programs and drug demand reduction. In another example, five years ago, the United States Agency for International Development (USAID) embarked on a project to detect, treat, cure, as well as prevent the spread of tuberculosis. Over the last decade, USAID provided over 4 billion Philippine pesos to support the Philippines’ goal of eliminating TB by 2035. As a result, more Filipinos have access to state-of-the-art TB treatment and protection health services, which are curing more and more people.

Partners

FRIENDS, PARTNERS, AND ALLIESU.S. AND THE PHILIPPINES:

THE U.S. - PHILIPPINE FRIENDSHIP IS BUILT ON SHARED SACRIFICES AND SHARED VALUES. IT ALSO IS BUILT ON PEOPLE-TO-PEOPLE TIES, FORGED THROUGH EDUCATION, EXCHANGES, FAMILY CONNECTIONS, AND TRAVEL.

THE U.S. ALSO REMAINS ONE OF THE PHILIPPINES’ CLOSEST ECONOMIC PARTNERS, EXCHANGING MORE THAN PHP 940 BILLION IN GOODS LAST YEAR.

AT THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES' GENERAL MEMBERSHIP MEETING, DISCUSSING THE IMPORTANCE OF MAINTAINING STRONG U.S.-PH ECONOMIC RELATIONS.

AMBASSADOR SUNG Y. KIM AT THE GROUNDBREAKING CEREMONY OF THE FIRST MAJOR EDCA PROJECT AT BASA AIR BASE WITH SECRETARY LORENZANA. THIS NEW WAREHOUSE WILL BE VITAL IN RESPONDING TOGETHER TO NATURAL DISASTERS IN THE REGION.

AMBASSADOR SUNG Y. KIM WITH THE YOUNG LEADERS FROM ALL TEN ASEAN COUNTRIES IN BOHOL FOR YOUNG SOUTHEAST ASIAN LEADERS INITIATIVE SEA CAMP-ASEAN, LEARNING HOW TO LEAD CONSERVATION EFFORTS.

AMBASSADOR SUNG Y. KIM JOINED AT THE AMERICAN CENTER IN MANILA. DELIGHTED BY THE BEAUTIFUL NEW MURAL CREATED BY YOUNG FILIPINO ARTISTS

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THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC. 11

of programs and initiatives. In the past few years the U.S. has delivered millions of dollars of planes, ships, armored vehicles, and small arms to the Philippines. A few examples demonstrate the point. Earlier this year, the U.S. delivered a Scan Eagle Unmanned Aerial System worth PhP 687 million to the Philippine Air Force (PAF), which will provide unmanned intelligence, surveillance, and reconnaissance capabilities to the AFP. Last month, the U.S. provided personal protective equipment worth PhP 178 million to the Philippine Marine Special Operations Group, which will also protect AFP members in the southern Philippines and Mindanao. Last year, the United States donated two Cessna 208B air intelligence and surveillance aircraft to the AFP. Since then, the aircraft have enhanced the PAF’s counterterrorism capabilities and helped protect AFP members actively engaged in counterterrorism operations in the southern Philippines and Mindanao. These are only a few of the inexhaustible list of wonderful programs, initiatives and relationships that represent our two countries’ bond every day.

I have been honored to serve as U.S. Ambassador to the Philippines for a year and a half. In that period, I am proud to say that we have built on more than 70 years of working constructively for the benefit of both our countries, and I expect that relationship to continue for decades to come. It is clear to me that our future is brightest when our two countries remain the closest of friends, partners and allies.

COVER STORY

The U.S.-Philippine partnership has made itself evident time and again throughout the years. That partnership has been particularly evident in addressing the challenges that followed the end of fighting in Marawi. Alumni of U.S. government exchanges from Mindanao were on the frontlines of humanitarian and psycho-social efforts to address the needs of people displaced by the fighting. Now, through the U.S. Embassy’s year-long Php 18.5 million #ForMindanao campaign, U.S. exchange alumni are developing low-cost, high-impact projects to address the immediate needs of an estimated 13,500 out-of-school youth, university students, madrasa students, and women in Mindanao, as well as tackling the root causes of conflict and violent extremism. USAID has also been incredibly active in Mindanao, quickly providing immediate and extensive humanitarian assistance that continues today, working with local government units and many Philippine Government departments to provide life-saving services to internally displaced persons, including PhP 730 million in emergency relief to help provide transitional shelter, water sanitation and hygiene, and bolster other logistics requirements.

The U.S. also remains one of the Philippines’ closest economic partners, exchanging more than Php 940 billion in goods last year. The United States is among the Philippines’ top four foreign investors: U.S. businesses have invested approximately Php 235 billion pesos in the Philippines. The U.S. company Convergys is the largest single private employer in the Philippines. The largest exporter, Texas Instruments, is a U.S. company, and some of the largest taxpayers are also U.S.

companies, such as Chevron. Economic partnership benefits everyone.

Allies

The U.S.-Philippine alliance is perhaps most evident in our two militaries’ long tradition of shoulder-to-shoulder training and defense cooperation. The Armed Forces of the Philippines and U.S. military have longstanding ties going back to World War II, and this has contributed to regional security and stability throughout those many years. Every year the AFP and U.S. military train together, including in high-profile exercises like Balikatan and KAMANDAG. During these annual exercises, our two militaries build effective and ready forces capable of responding to security challenges by focusing on a variety of missions, including mutual defense, counterterrorism, and humanitarian assistance and disaster relief.

The Philippines is by far the largest recipient of U.S. military assistance in the region, supporting the AFP’s modernization goals through a variety

THE ARMED FORCES OF THE PHILIPPINES AND U.S. MILITARY HAVE LONGSTANDING TIES GOING BACK TO WORLD WAR II, AND THIS HAS CONTRIBUTED TO REGIONAL SECURITY AND STABILITY THROUGHOUT THOSE MANY YEARS.

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FEATURE

SUBMITTED BY ASIAN DEVELOPMENT BANK

HARNESSING INNOVATION TO POWERTHE FUTURE

ADB’S ASIA CLEAN ENERGY FORUM 2018:

Asia’s Clean Energy Community Mobilizes at ADB Headquarters to Promote Innovation through Collaboration

The 13th meeting of Asia Clean Energy Forum (ACEF) took place during June 4-8, being hosted by the Asian Development Bank (ADB) at its headquarters in Metro Manila. The three other co-organizers were the U.S. Agency for International Development (USAID), the Korea Energy Agency (KEA), and the ADB Institute. This year, the International Energy Agency (IEA) collaborated with ACEF as an official knowledge partner.

Over the course of one week, ACEF brought together more than 1,300 people from 62 different countries in Asia and other parts of the world to discuss how technology and innovation can play a significant role in catalyzing a low-carbon energy future for Asia and the Pacific. More than 200 expert speakers gave presentations on a wide range of topics in the clean energy sector, such as energy in buildings, renewable energy in urban settings, decentralized power grids, health, and environmental benefits of energy efficiency, clean cooking, new business models, digital transformation and innovations, and much more.

Highlights from the ForumHere is a run-down of the events

and many “firsts” that happened at this year’s ACEF:

First-ever ADB On the Ground Session: More than 400 people attended this fast-paced networking session to learn about 22 projects presented by ADB staff and their counterparts. This session was primarily for energy sector staff, but also included tables for the Water and Transport Sectors, a form of cross-sectoral cooperation.Knowledge Dim Sum Session: More than 350 people attended this dynamic networking session to learn about

AN OVERVIEW OF THE EVENTS PARTICIPANTS HAD THE OPPORTUNITY TO PARTICIPATE IN DURING THE WEEK OF ACEF 2018.

23 innovative projects and business models presented by clean energy entrepreneurs, including many who received New Energy Leaders awards from ADB staff and their counterparts.First-ever Networking Day: More than 500 participants attended a free-form Networking Day on June 4 to meet other ACEF participants. Networking Day also included matchmaking events on clean energy technologies and projects.ACEF Press Engagements

• ADB media availability with senior ADB energy staff and ACEF keynote speakers.

• Partner media availability to announce and launch new initiatives from four ACEF partner organizations.

16 Deep Dive Workshops took place on June 5 and June 8, organized by ADB and 23 coordinating partner organizations.16 Thematic Track Sessions covered energy efficiency, renewable energy, energy access and energy innovations that will take us into the future.The Energy Leaders Roundtable convened more than 40 senior private sector, government, donor, and ADB

staff to reflect and debate how ADB can improve its capacity for innovation and knowledge-sharing in clean energy.First-ever Women in Energy Lunch organized by Deborah Stokes, Vice-President for Administration and Corporate Management of the Asian Development Bank.Special Lunch Talks

• Electric Vehicles Talk• Off-grid Impact Stories• Celebrity Photographer Sara Black

from the Philippines: “Creating Empowering Images: Inspiring Lives through Clean Energy”.

Clean Energy Leaders Gather at Opening Plenary

The ACEF 2018 Opening Plenary started off with a performance that took the audience on a journey depicting how continuous efforts to scale up clean energy have touched the lives of communities across Asia.

After welcome remarks from representatives of the four ACEF co-organizers, the three keynote speakers--Laszlo Varro, Chief Economist, International Energy Agency (IEA), Dipal Barua, Co-founder of the Grameen Bank, Founder

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FEATURE

and Chairman of the Bright Green Energy Foundation, Monica Araya, Founder and Director, Costa Rica Limpia--were welcomed to the stage to share their unique insights and experiences about what it will take for Asia and the Pacific to leapfrog to a low-carbon energy pathway.

At the end of the Opening Plenary, ADB gave awards to its 2018 New Energy Leaders. Seven New Energy Leaders took to the stage to be recognized by the entire ACEF Community for their drive and passion to innovate and develop new solutions that can shape the future of Asia’s clean energy sector. Their businesses range from off-grid power solutions to large-scale wind and solar, energy efficiency, and digital customer solutions using big data and analytics.

ACEF 2018 Reflection During the Closing Plenary

The afternoon of Day 4 of ACEF 2018 was marked by the ACEF Closing Plenary, which emphasized that innovation, inclusivity, and strength in numbers can be the driving forces helping Asia and the Pacific to leapfrog to a low-carbon energy pathway.

During the Closing Plenary, a group of experts and practitioners with deep experience in entrepreneurship, business development, microfinance, promotion of clean energy technologies and policies engaged in a thoughtful panel discussion about what it really takes to be innovative in clean energy, the challenges, and the rewards.

Takehiko Nakao, President of the ADB then delivered a Special Keynote Speech in which he congratulated the 2018 New Energy Leaders on their achievements and noted how they have been tackling some of the key challenges in the areas of energy efficiency, renewable energy, and energy access across Asia, by applying their innovative business and

ACEF PARTICIPANTS GATHER AT THE OPENING PLENARY ON WEDNESDAY 6 JUNE.

PANEL DISCUSSION LED BY YONGPING ZHAI OF ADB, WITH LASZLO VARRO OF IEA, MONICA ARAYA OF COSTA RICA LIMPIA, AND GRAMEEN BANK CO-FOUNDER DIPAL BARUA OF BANGLADESH.

THE 2018 NEW ENERGY LEADERS ON STAGE AT THE OPENING PLENARY OF ACEF ON WEDNESDAY 6 JUNE.

PANEL DISCUSSION LED BY ASHOK BHARGAVA OF ADB, WITH RANA ADIB OF RENEWABLE ENERGY POLICY NETWORK FOR THE 21ST CENTURY (REN21), ATHENA RONQUILLO BALLESTEROS OF THE GROWALD FAMILY FUND, DANNY KENNEDY OF THE CALIFORNIA CLEAN ENERGY FUND, CHUNGUANG (CHARLOTTE) WANG OF EQUOTA ENERGY TECHNOLOGY (SHANGHAI) CO., LTD. AND ANIRUDDHA SHARMA OF CARBON CLEAN SOLUTIONS

ADB PRESIDENT TAKEHIKO NAKAO DESCRIBES ADB’S COMMITMENTS TO SCALING UP CLEAN ENERGY INVESTMENT, AND SOME OF ITS INNOVATIVE PROJECTS BEING IMPLEMENTED IN SRI LANKA AND THE PHILIPPINES.

KEYNOTE SPEAKERS IN ACEF CLOSING PLENARY ON 7 JUNE: HAUKUR HARDARSON OF ARCTIC GREEN ENERGY, ROLI GUPTA OF OORJAN INDIA AND LEANDRO LEVISTE OF SOLAR PHILIPPINES.

financial models. President Nakao also emphasized that technology by itself is not enough. Projects with advanced technologies must be accompanied by viable business models, stable regulation, and smart policies to deploy the technologies.

The Closing Plenary concluded with three entrepreneurs delivering keynote speeches that challenged the audience to envision a different and better energy future for Asia by tackling the need to deliver energy that is affordable, provides social benefits, addresses poverty, and reduces air pollution and greenhouse gas emissions.

Philippine Engagement at ACEF 2018

The Philippines had a strong presence at this year’s ACEF, representing about 20% of all attendees. Many organizations based in the Philippines also made valuable contributions to the diverse set of events during ACEF Week.

Ayala Property Management Corporation and Robinsons Land Corporation Share Their Experiences in Driving Energy Efficiency in Corporate Buildings in the Philippines

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Representatives from Ayala Property Management Corporation and Robinsons Land Corporation spoke at ACEF in the Energy Efficiency Track to share with the ACEF Community how corporations in the Philippines are actively contributing to meeting efficiency and climate targets.

1. Aldrin Calderon, Associate Director for Energy and Sustainability, Ayala Property Management Corporation, described how Ayala set and met a first-year goal to reduce 3.8 million kg CO2-equivalent of greenhouse gas emissions among its managed properties with the implementation of a sustainable 3-pronged approach: rolling out best practices, engineering intervention, and organic R&D for cutting edge technologies. This work to improve the efficiency and management of air conditioning energy use in buildings has translated into 21 Philippine Department of Energy Efficiency Awards over the years, as well as to 1 ASEAN Award for Energy Management in 2017.

2. Ambrosio Ferris S. Tangco III, Engineering Project Manager for Energy Conservation, Upgrading, Innovations, Environmental Health and Safety, Robinsons Land Corporation, described the corporation’s energy efficiency upgrades in new design, as well as retrofits in existing construction. He also explained how Robinsons takes an integrated approach to ensure customer health and comfort through tightening of the building envelope, installation of efficient chillers and cooling

systems, installation of air filters and efforts to ensure proper air flow.

Philippine Energy Efficiency Alliance President Announces New Alliance Established to Mine Energy Savings and Address Climate Change

On Tuesday, June 5, energy service company (ESCO) associations of China, Japan, the Philippines, Singapore, and Taiwan came together on the sidelines of ACEF to establish the Asia-Pacific ESCO Industry Alliance. This regional alliance aims to embrace more Asian ESCO markets, and serve as a regional platform for ESCO markets to facilitate knowledge exchange, capacity development, and business matching. During this regional meeting, the five ESCO associations also declared that "60% of the global ESCO market is in Asia," based on the International Energy Agency's 2017 energy efficiency market report.

The participating ESCO associations are the Philippines Energy Efficiency Alliance (PE2), the ESCO Committee of China Energy Conservation Association (EMCA), the Japan Association of Energy Service Companies (JAESCO), the Sustainable Energy Association of Singapore (SEAS),

ALDRIN CALDERON (LEFT), ASSOCIATE DIRECTOR FOR ENERGY AND SUSTAINABILITY, AYALA PROPERTY MANAGEMENT CORPORATION AND AMBROSIO FERRIS S. TANGCO III (RIGHT), ENGINEERING PROJECT MANAGER FOR ENERGY CONSERVATION, UPGRADING, INNOVATIONS, ENVIRONMENTAL HEALTH AND SAFETY, ROBINSONS LAND CORPORATION PRESENTING THEIR CORPORATE EXPERIENCES IN THE ENERGY EFFICIENCY TRACK SESSIONS.

and the Taiwan Energy Service Association (TESA). PE2 President Alexander Ablaza and EMCA Vice Director Lily Zhao Ming were elected to co-chair the newly formed Asia-Pacific ESCO Industry Alliance.

Leandro Leviste Delivers Keynote Speech Challenging the Energy Sector Status Quo

Leandro Leviste, Founder and CEO, Solar Philippines, was a keynote speaker, during the Closing Plenary on Thursday, June 7. Leviste challenged the ACEF Community as to whether we will let the status quo utility model remain, or whether this year’s forum will mark the start of a new clean energy revolution. At ACEF, Leviste was also awarded as one of ADB’s New Energy Leaders for 2018.

Celebrity Photographer Sara Black Announces Winners of ACEF Instagram Photo Contest

At the evening reception on Wednesday, June 6, Sara Black, Celebrity Photographer and Canon Ambassador from the Philippines, announced the winners of the first ever ACEF Clean Energy Photo Competition. The ADB, Islamic Development Bank, and Canon Philippines sponsored this photo contest that received over 500 photographic entries. Sara provided reception attendees with inspirational remarks on capturing clean energy innovation through the lens of

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FEATURE

a camera. There were four winners in the

Instagram photo contest.

Knowledge Exchange: Visualizing a Full Week of Clean Energy Innovation and Collaboration in Asia

Throughout an entire week of workshops, discussion sessions, round tables, and dynamic networking events with entrepreneurs and ADB staff members, there was a multitude of knowledge exchange and learning around ongoing trends and initiatives in energy efficiency, renewable energy, energy access, and energy sector innovations in Asia. Here are some pictures that capture the exciting activities throughout the week.

Groundbreaking Announcements from ACEF 2018

On Thursday, June 8, ACEF 2018 held an official media availability event with members of the Philippines media, to announce new reports and initiatives from ACEF partners that will contribute to the advancement of Asia’s clean energy sector. The announcements included:

1. Asia Launch of Renewables 2018 Global Status Report Key global report on status and trends in the renewable energy industry Representative: Rana Adib, Executive Secretary of Renewable Energy Policy Network for the 21st Century (REN21).

2. Launch New Energy Nexus Southeast Asia New platform for entrepreneurship and incubation in Southeast Asia. Representative: Thomas Chrometzka, Director of Renewable Energy, Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH and Program Director of New Energy Nexus Southeast Asia.

3. Launch of Sustainable Energy Marketplace for Asia New marketplace to link innovative sustainable energy projects with sources of investment. Representative: Arjun Guha, Programme Officer, RE Project Development and Finance The International Renewable Energy Agency (IRENA).

SARA BLACK, CELEBRITY PHOTOGRAPHER AND CANON PHILIPPINES AMBASSADOR, ANNOUNCING THE WINNERS OF THE INSTAGRAM PHOTO CONTEST ALONG WITH (LEFT TO RIGHT) YONGPING ZHAI, CHIEF OF ENERGY SECTOR GROUP, ADB, BAMBANG SUSANTONO, VICE-PRESIDENT (KNOWLEDGE MANAGEMENT AND SUSTAINABLE DEVELOPMENT), ADB, AND ACEF CO-CHAIR DAVID ELZINGA AT THE ACEF CLEAN ENERGY PHOTO AWARD CEREMONY.

FIRST PRIZE - EMMAN FORONDA (PHILIPPINES) SECOND PRIZE - DANILO VICTORIANO (PHILIPPINES)

THIRD PRIZE - ARITRA BHOWMIK (INDIA) MOST LIKES - MAYANK GAUR (INDIA)

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FEATURE

4. Launch of Certified Energy Savings Verifier New certification program for Asian professionals to certify savings in EE projects Representative: Tom Dreessen, Past Chair and current Treasurer, Efficiency Valuation Organization (EVO).

Sponsorship & Partnership Opportunities for Next Year

ACEF is always eager to expand its community and keeps its doors open to welcome new sponsorship opportunities with organizations in Asia and other parts of the world who share the vision of accelerating clean energy development. The forum seeks to bring in fresh perspectives from decision makers in both the private and public sector who can share their ideas and experiences about what actions are needed to rapidly achieve clean energy objectives in the Asia-Pacific region. If you or your organization seeks to support ACEF’s mission and would like to become an official sponsor of ACEF or would like to market ACEF to your stakeholders, please contact the Agenda Coordinator Jason Bogovich at [email protected] to find out how you can contribute and participate next year.

Stay Updated with ACEF 2018/2019The best way to access the latest

information about future ACEF activities is through the website, subscribing to our newsletters, and following the forum on social media.• Learn more on the ACEF website

[http://www.asiacleanenergyforum.org/]

• Subscribe to our newsletter [http://www.asiacleanenergyforum.org/subscribe-2018/]

• Like ACEF on Facebook [https://www.facebook.com/asiacleanenergyforum/]

• Follow ACEF on Twitter [https://twitter.com/ACEF2018/]

• Connect with us in the ACEF LinkedIn Group [https://www.linkedin.com/groups/5069172/profile] linkedin.com/groups/5069172/profile]

www.amchamphilippines.com

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AMCHAM ROUNDUP

WHATMIDYEAR ASSESSMENT OF THE 17TH CONGRESS

LEGISLATIVECOMMITTEE

WHERE WHENAMCHAM HALL JUNE 6 | 9 - 11 AM

WHATIMPORTANCE OF VACCINES AND KNOWLEDGE ON VACCINE-PREVENTABLE DISEASES

PHARMACEUTICAL COMMITTEE

WHERE WHENAMCHAM HALL JUNE 6 | 12 - 2 PM

GUEST SPEAKERDR. ANNA LISA ONG-LIM, PRESIDENT, PEDIATRIC INFECTIOUS DISEASE SOCIETY OF THE PHILIPPINES

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AMCHAM ROUNDUP

WHATSOCIAL LAUNCH: TOMORROW'S LEADERS

YOUNG PROFESSIONALS COMMITTEE

WHERE WHENTHE BELLE & DRAGON JUNE 13 | 6 - 9 PM

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AMCHAM ROUNDUP

WHATWOMEN IN LEADERSHIP: GINA LOPEZ

PROFESSIONAL WOMEN OF AMCHAM COMMITTEE

WHERE WHENAMCHAM HALL JUNE 14 | 2 - 4 PM

SPEAKERMS. GINA LOPEZ, CHAIR, PASIG RIVER REHABILITATION COMMISSION

WHATAIRPORT PROJECT TALK SERIES

JOINT EVENT

WHERE WHENAMCHAM HALL JUNE 18 & 22

GUEST SPEAKERS1. MR. DAVID STUART, MANAGEMENT DIRECTOR,

DMS CONSULTING2. MR. DELFIN J. WENCESLAO, JR., CHAIRMAN,

D.M. WENCESLAO & ASSOCIATES, INC.

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AMCHAM ROUNDUP

WHATNEW MEMBER WELCOME BREAKFAST

AMCHAM SIGNATURE EVENT

WHERE WHENAMCHAM HALL JUNE 19 | 12 - 2 PM

WHATPEACE AND ORDER AND THE POLITICAL SITUATION IN METRO MANILA

SECURITY & DISASTER RESOURCE GROUP COMMITTEE

WHERENATIONAL CAPITAL REGION POLICE OFFICE (NCRPO)

WHENJUNE 21 | 2 PM

GUEST SPEAKERPOLICE SENIOR SUPERINTENDENT BERNARD YANG, ACTING CHIEF, REGIONAL OPERATIONS AND PLANS DIVISION

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AMCHAM ROUNDUP

WHATGENERAL MEMBERSHIP LUNCHEON MEETINGIOT (INTERNET OF THINGS)ENDLESS OPPORTUNITIES AND CONNECTIONS

AMCHAM SIGNATURE EVENT

WHERENEW WORLD HOTEL

WHENJUNE 20 | 12 - 2 PM

GUEST SPEAKERMR. LUIS PINEDA, PRESIDENT AND CHAIRMAN, IBM PHILIPPINES

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AMCHAM ROUNDUP

WHATTHE IMPLEMENTATION PLANS FOR THE EASE OF DOING BUSINESS ACT

TRADE & INVESTMENT COMMITTEE

WHERE WHENAMCHAM HALL JUNE 21 | 11 - 1 PM

GUEST SPEAKERASEC. MARY JEAN PACHECO, ASSISTANT SECRETARY, COMPETITIVENESS AND EASE OF DOING BUSINESS GROUP, DEPARTMENT OF TRADE AND INDUSTRY

WHATPERA SHOULD BE GOODTHE PERSONAL EQUITY AND RETIREMENT ACCOUNT

FINANCIAL SERVICES AND TAXES & TARIFF COMMITTEE

WHERE WHENAMCHAM HALL JUNE 28 | 12 - 2 PM

GUEST SPEAKERMR. RAFAEL AYUSTE, JR., SENIOR VICE PRESIDENT, HEAD OF PRODUCT & MARKET DEVELOPMENT, TRUST & INVESTMENTS GROUP, BDO UNIONBANK, INC.

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AMCHAM ROUNDUP

WHATGENERAL MEMBERSHIP MEETING

AMCHAM NORTH LUZON CHAPTER

WHEREMANSION GARDEN HOTEL, SUBIC

WHENJUNE 28 | 12 - 2 PM

GUEST SPEAKERS1. USEC. FELIPE "PHILIP" ANDARA JUDAN,

CPA, UNDERSECRETARY FOR MARITIME, DEPARTMENT OF TRANSPORTATION (DOTR)

2. MR. RONNIE R. YAMBAO, OFFICER-IN-CHARGE, SUBIC BAY METROPOLITAN AUTHORITY

3. MS. MARILYN C. ALBERTO, DIRECTOR ANDGENERAL MANAGER - SALES AND OPERATIONS, KINTETSU WORLD EXPRESS

WHATGENERAL MEMBERSHIP LUNCHEON MEETING

AMCHAM MINDANAO CHAPTER

WHEREMALLBERRY SUITES BUSINESS HOTEL, CAGAYAN DE ORO

WHENJUNE 22 | 12 - 2 PM

SPEAKERS AND GUESTS1. ATTY. NIÑO RUPERTO AQUINO, TEZ

MANAGEMENT SECTOR SECTOR OFFICER-IN-CHIEF, TOURISM INFRASTRUCTURE AND ECONOMIC ZONE AUTHORITY

2. CAGAYAN DE ORO CITY MAYOR OSCARMORENO

3. BLP ALUMNI STUDENTS

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COMMUNITY NEWS

SUBMITTED BY MUSEUM VOLUNTEERS OF THE PHILIPPINES

REGISTRATION FOR THE 2018 - 2019 PHILIPPINES: PAST AND PRESENT HISTORY COURSE IS NOW OPEN

The course explores Philippine history and culture and is divided into � ve modules over

a span of twenty weeks. Our curriculum begins with early history, moves through the 300 plus years of Spanish rule, the American colonial period, the Commonwealth, Japanese occupation, World War II, post war recovery, Martial Law, EDSA, the US bases turnover, and concludes with contemporary issues.

Students will meet each Wednesday from 9:00 am to 12:00 noon at the Roof Deck, Sunshine Place Building, 56 Jupiter St, Barangay Bel Air, Makati (in between Makati Ave & Paseo de Roxas) from September 26, 2018 to March 20, 2019 (with breaks for national public holidays).

To make the classes as fascinating and enriching as possible, we invite

esteemed and knowledgeable guest speakers. In the past, some of our stellar speakers have included: Ambeth Ocampo, Xiao Chua, the Director of Instituto Cervantes Carlos Madrid, defense analyst Jose Antonio Custodio, authors, architects, artists, ambassadors, film directors, prisoners of Martial Law, and many well-known members of the academe. As well, each course module culminates with a study-relevant field trip.

This will be the 30th year for MVP to offer the course. It began as a course for docents, or museum guides in order to foster better understanding of Filipino culture and history through volunteer work with local museums, but it now has a wider, more general appeal to expatriates and local residents alike who wish to understand the Philippines

better. Although the class is taught in English, it is sensitive to the needs of non-native English language speakers.

The five modules covered are:• Early History prior to 1521,• Spanish Era from 1521 to 1898,• American and Japanese Eras

from 1898 to 1946,• Independence Era from 1946 to 1986,• & Contemporary Era from 1986

until present

Our course has no homework and no exams! Our friendly participants gather for the pure joy of learning. For inquiries and registration, email: [email protected] or contact:

Jodi R. SmithDirector, History Course0929-866-0998

If you would like to learn more about the MVP organisation, please visit their website www.mvphilippines.org or more can be found on Facebook www.facebook.com/MuseumVolunteersOfThePhilippinesmvp

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30 AMCHAM BUSINESS JOURNAL | JULY 2018

FEATURE

Farmers eye technologies and innovation as Leyte seeks to sustain agriculture

growth SUBMITTED BY USAID

To improve processes, produce more crops, and increase income, Ormocanon farmers

are looking to use more technologies and innovation in agriculture.

At the recently concluded Agribusiness Innovation Workshop in Ormoc City -- organized by USAID’s Science, Technology, Research and Innovation for Development (STRIDE) program and the American Chamber of Commerce of the Philippines (AmCham) -- farmer groups, agri-entrepreneurs, local agriculture offices, and the academe discussed innovation needs and opportunities in Leyte’s agriculture industry.

Among those discussed were innovations in the packaging and transport of low-land strawberries, a high-value crop that local agri-entrepreneurs are currently exploring to grow in Leyte. Workshop speaker and local agri-entrepreneur Inigo Larrazabal highlighted the potential in planting and growing strawberries. He encouraged the development of a handbook for strawberry farming in lowland areas such as Ormoc.

Farmer-participants also pushed for the development of storage facilities that will allow them to store their produce such as mushrooms, vegetables, and rice. Research on bamboo and cacao, and business training for farmers were also put forward.

Agriculture is cited as a key driver in reducing Leyte’s poverty rate from 31% in 2012 to 23% in 2015. According to Leyte Governor Leopoldo Dominico L. Petilla, the province’s goal is to cut poverty to a single digit by 2022. In recent years, the agriculture sector of Region 8, where Leyte is part of, grew by 2.4 percent and has contributed to 15.1% of Eastern Visayas’ Gross Regional Development Product. It also employs 690,000 people, which represents 38.6% of the region’s total employment in 2016.

Agriculture technology and servicesAt the innovation workshop,

scientists and professors of Visayas State University (VSU) led by Dr. Jose Bacusmo presented agricultural technology and services available at the university. VSU’s services include technical assistance in developing and planting local crops; use of hydroponics as a climate change adaptation technology; R&D in Leyte food products; soil and plant analysis, and community training for disaster resilience. With these technologies and services, they encourage more industry players to reach out and collaborate with them to innovate local farming practices.

About the Innovation WorkshopJointly organized by the USAID –

Science, Technology, Research and Innovation for Development (STRIDE) program and the American Chamber of Commerce of the Philippines (AmCham), the workshop in Ormoczoomed in on the agriculture industry, as both STRIDE and AmCham recognize agriculture’s

role in pushing for Leyte’s inclusive economic growth.

“We organized the workshop here in Ormoc because we want to help the farmers,” said Ebb Hinchliffe, AmCham Executive Director.

For STRIDE, innovation workshopsserve as platforms to bring together leaders and stakeholders in agriculture. “Enabling industries, the government, and the academe to discuss innovation needs and opportunities in agriculture is an important step to synergize efforts and realize more meaningful research work beneficial to our farmers,” said Dr. Richard Abendan, STRIDE Manager.

STRIDE has been organizing innovation workshops as part of efforts to promote collaboration between and among stakeholders in research and development. STRIDE is a five-year program of the United States Agency for International Development (USAID). It works towards increasing science, technology, and innovation activities in the Philippines in order to create jobs and contribute to achieving inclusive economic growth.

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32 AMCHAM BUSINESS JOURNAL | JULY 2018

SIGNATURE EVENT FEATURE

General Membership Meeting MemoirsBY KV ROJAS, AMCHAM INDUSTRY DEVELOPMENT SPECIALIST

Regardless of the how many events AmCham may hold in the span of a month, the regular General Membership Luncheon Meetings are simply the most beneficial for the majority of our members. It is at this monthly event that we have the opportunity to reach out to our peers, to network, to catch-up, or to readily acquaint ourselves with all that AmCham has to offer.

A handshake, a business card, and a simple introduction go a long way at these events-- and with speakers of the highest-profile attending these GMLMs, it is not only an opportunity to share the knowledge and wisdom they may bring, but also a moment wherein the, otherwise, “unreachable” are made available to our members in the most grounded fashion.

This two-part article looks back at GMLMs past, when Ambassador Sung Kim entered the doors of the Makati Diamond Residences to reinforce the U.S.-Philippine Partnership a little over a year into his tenure as the ambassador of the United States, and when Vice President Leni Robredo graced the Marriott, challenging the women of AmCham to rise to the occasion and become equals in a professional world.

An Update on the Philippine and U.S. partnershipwith Ambassador Sung Kim

In March, AmCham Philippines hosted a speech with the United States of America envoy to the

Philippines, Ambassador Sung Y. Kim, at the Makati Diamond Residences. Ambassador Kim spoke for the �rst time to AmCham last January 17, 2017 when he �rst settled into his new home-the Philippines. Having now lived in the Philippines for over a year, he recently discussed on the updates of PH-US relationship and outlined his three economic objectives.

“And looking ahead, I have three specific objectives for which we will be working hard, together with you, in the coming year. First, we are working to see U.S. businesses participate in the Philippines “Build, Build, Build” infrastructure program. I think there’s tremendous opportunity for all of us. Second, we are working to see the Philippine government make it easier for foreign investors to come into the country, by relaxing the Foreign

Investment Negative List and approving amendments to the Public Services Act. And finally, we are working to expand bilateral trade with the Philippines. For the first time in a decade, our governments are considering the negotiation of a bilateral free trade agreement.”

Although Ambassador Kim could only spare a few details, he assured AmCham’s guests that Washington is looking very seriously at the possibility of starting negotiations.

Despite the administration’s foreign policy, Ambassador Kim is hopeful for the continued harmonious relationship of the U.S. and the Philippines as he assured “Our partnership with the Philippines is deeper and stronger now and we have accomplished a great deal together.”

He also recognized that “American businesses here continue to set the example for others; we have nominated the U.S. campaign of the Philippine ties

The Power Dynamic in a Workplacewith Vice President Robredo

In the following month, Vice President Leni Robredo discussed the power dynamic of women and

gender diversity in an organization during AmCham’s General Membership

Luncheon Meeting at the Marriott Hotel.She believed that the growing

number of women in leadership helped not just other women to be empowered, but also progressed towards equal and

many times with the prestigious Secretary of State’s Award for Corporate Excellence. Coca-Cola won the global award in 2013, two years ago, Texas Instruments were the finalists for its work on environment and sustainability. This year, our fingers are crossed for P&G.”

An open forum followed, moderated by Mr. Bobby Batungbacal from the Dow Chemical Company, taking various questions from the guests.

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THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINES, INC. 33

About the Author:

KV Rojas handles the f o l l o w i n g A m C h a m Committees: Agribusiness, Financial Services and Taxes & Tariff, Intellectual Property Rights, Pharmaceutical, and Filipino-American

Memorial Endowment (F.A.M.E.). She also handles AmCham's Signature events: Networking Night and General Membership Luncheon Meeting - NCR.

SIGNATURE EVENT FEATURE

stable economic growth.“The best way to empower the Filipina

is to provide her with better options on economic growth and participation. Economic empowerment leads to freedom and equality. When women are given the opportunity to earn a decent living and do well in it, they are stronger and more capable of avoiding a future of physical and emotional abuse.”

She also believed that women and men have different ways of communicating, with different strengths and successes. “In the history of the world of investment, it is well documented than women do better than men since they are reserved risk takers, doing better during times of deep financial crisis.” She cited that the bankruptcy of the Lehman brothers never would have happened if it were ‘the Lehman sisters’.

The Vice-President shared her struggle as a woman in a highly-dominated man’s society. But she fought, and continues to fight, for women empowerment despite limited resources, “To find ways of doing more with little resources we have, [so] we launched an anti-poverty program called 'Angat Buhay' where we position ourselves as a sort of a conduit for communities needing help and organizations and individuals wanting to help. The program

seeks to bring together those in the development and corporate sectors and bridge them with those in the margins in the society.”

Lastly, she shared stories of compassionate and courageous individuals she witnessed from Marawi, Ifugao, and from Agutaya, an island located 10 hour boat ride from Coron, Palawan, and how their stories of perseverance in a man’s society have continued to inspire her.

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34 AMCHAM BUSINESS JOURNAL | JULY 2018

CORPORATE SOCIAL RESPONSIBILITY

SUBMITTED BY PROCTER & GAMBLE

LAUNCHES 'ANGAT KITA' PROGRAMP&G FUELS MSME DEVELOPMENT;

Procter & Gamble (P&G), in partnership with the Department of Trade and Industry (DTI), has

launched the pilot of "Angat Kita", a micro-entrepreneur development program that aims to equip existing sari-sari store owners with entrepreneurial knowledge, skills, and best practices to improve and grow their business.

P&G has developed the "Angat Kita" program as a continuation of the company's advocacy to support the development of local micro, small, and medium enterprises (MSMEs). In previous years, P&G spearheaded the rehabilitation of over 4,000 public market stalls, kiosks, and sari-sari stores devastated by Typhoon Yolanda (Haiyan) to help them regain their livelihood back. P&G also hosted an MSME Leadership College during the Philippines' hosting of APEC in September 2015.

'Angat Kita', which directly translates to "increasing profit" and "uplifting you", aims to help sari-sari store owners realize their full potential to grow their income, sustain livelihood and ultimately uplift their current status.

"Procter & Gamble believes that fostering MSME development is a prerequisite in achieving and sustaining broad-based socio-economic growth. P&G Philippines is proud to have launched its first Angat Kita Session here in Mandaluyong City. In the succeeding months, we aim to roll out in four other cities, touching and improving the lives of 1,000 micro-entrepreneurs," says P&G Philippines General Manager Shankar Viswanathan.

Fueling the Growth of the MSME sector with DTI.

Over 50 sari-sari store owners from Mandaluyong City attended the pilot session of Angat Kita. P&G Philippines Consumer Insights Manager Daryl del Rosario, P&G Philippines Customer Logistics Manager Sean Quinto, and P&G Philippines Finance Manager Kimberly Hung conducted the trainings that cover some of the best entrepreneurial practices.

Participants learned concepts such as Merchandising, Book Keeping, Inventory Management, Finance and Pricing to make them more competitive micro-entrepreneurs, and received insights to provide better customer service and innovative ideas to help sari-sari store owners grow their income.

After graduating the program, all sari-sari store owner participants received seed capital

in the form of starter kit packs worth ₱2,500 of P&G's best and fastest moving products such as Safeguard, Head & Shoulders, Pantene, Whisper, Joy, Downy, and Pampers. This aims to help them practice what they have learned and increase the size of their business.

"Launching Angat Kita reaffirms t h e c o m p a n y ' s c o m m i t m e n t t o developing MSMEs in the country. To further illustrate our c o m m i t m e n t , w e will also be holding the second run of t h e P & G M S M E Leadership College on the sidelines of the ASEAN Summit in November this year," says Viswanathan.

Apart from the training, the micro-entrepreneurs also became acquainted w i t h t h e i r l o c a l Negosyo Centers, and learned about the different services offered therein from business registration, and trainings to help them be better micro-entrepreneurs. Negosyo Center business counselors from the participating pilot cities also joined the session as a preview to a more extensive training for the roll-out of the program.

Sari-sari store owners who are interested to learn more about the program from the five participating pilot cities may visit their respective Negosyo Centers and inquire about the program. visit their respective Negosyo Centers and

Please visit www.pg.com/en_PH for the latest news.

PROCTER & GAMBLE (P&G) PHILIPPINES, IN PARTNERSHIP WITH THE DEPARTMENT OF TRADE AND INDUSTRY (DTI), RECENTLY LAUNCHED ‘ANGAT KITA’, A MICRO-ENTREPRENEUR DEVELOPMENT PROGRAM THAT AIMS TO UPLIFT THE LIVES OF SARI-SARI STORE OWNERS BY EQUIPPING THEM WITH NECESSARY ENTREPRENEURIAL KNOWLEDGE AND SKILLS TO HELP THEM GENERATE MORE INCOME.

PROCTER & GAMBLE (P&G) GENERAL MANAGER, SHANKAR VISWANATHAN SHARES TO THE ANGAT KITA PILOT PARTICIPANTS THE SIGNIFICANT ROLE MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES) PLAY IN THE GROWTH OF THE PHILIPPINE ECONOMY.

THE PILOT SESSION OF ANGAT KITA, HELD AT MANDALUYONG CITY, WAS PARTICIPATED BY OVER 50 SARI-SARI STORE OWNERS MOSTLY COMPRISED OF MOTHERS.

PROCTER & GAMBLE PHILIPPINES (P&G) GENERAL MANAGER, SHANKAR VISWANATHAN PRESENTS A PARTNERSHIP TOKEN TO DTI UNDERSECRETARY FOR REGIONAL OPERATIONS GROUP, ZENAIDA CUISON MAGLAYA TO REAFFIRM THE COMPANY'S COMMITMENT TO GROW THE MSME SECTOR IN THE COUNTRY.

PROCTER & GAMBLE PHILIPPINES (P&G) GENERAL MANAGER, SHANKAR VISWANATHAN, AND DTI UNDERSECRETARY FOR REGIONAL OPERATIONS GROUP, ZENAIDA CUISON MAGLAYAARE JOINED BY CITY BUSINESS PERMITS AND LICENSING DEPARTMENT CHIEF FOR MANDALUYONG CITY, CATHERINE DE LEON ARCE DURING THE ANGAT KITA PILOT SESSION AT MANDALUYONG CITY.

Media Contact:

Procter & Gamble (P&G) PhilippinesMs. Anna [email protected] Bulb Public Relations

Mr. Macky del [email protected]+639177193583

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36 AMCHAM BUSINESS JOURNAL | JULY 2018

BUSINESS OF BUSINESS

BY ERNIE CECILIA, DPM

BOOMERS' WOES AND OPPORTUNITIES

One of the best short poems about aging that I relish reading is that of Maya

Angelou.

“When you see me sitting quietly,like a sack upon a shelf,

don’t think I need your chattering.I’m listening to myself.

Hold! Stop! Don't pity me!Hold! Stop your sympathy!

Understanding if you got it, otherwise I’ll do without it!

When my bones are still and aching,and my feet won’t climb the stair,

I will only ask one favor:Don’t bring me no rocking chair.

When you see me walking, stumbling,don’t study and get it wrong.

‘Cause tired don’t mean lazy and every goodbye ain’t gone.

I’m the same person I was back then, a little less hair, a little less chin,

a lot less lungs and much less wind. But ain’t I lucky I can still breathe in.”

Curse or blessingAt the turn of the twentieth century,

the average lifespan of people all over the world was 47. Today, the average person can now work for 60 years, or three times the expected age in 1900. Age 80 is the “new 60”, and they say “life begins at 40”.

Is this a curse or a blessing?

When I was young, I felt like I never wanted to grow old. As I aged, I wanted to grow very, very old. Like many Filipinos who just can’t leave the workplace today, I am one of the so-called Baby Boomers, a generation of those born between 1946 and 1964. In the USA, there are roughly 76 million Boomers. In the Philippines, we’re about 25 to 30 million. Elsewhere in the world, in Europe, Canada, Australia and Japan, the Boomers constitute roughly a third of the population.

Majority of the Filipino Boomers are retired from formal employment. They have cashed in their hefty retirement pay. Collectively, they have more purchasing power than the Filipino Millennials combined. They are prime targets for telemarketers, condominium salespeople, and other investment-seeking �rms, including “scammers” of all kinds, who are out of luck, as majority of the Boomers are �nancially literate.

Due to the accumulated knowledge, skills, and wisdom of the Boomers, they are likely to stay longer in the workplace than perhaps any other generation. Firms today usually hire Millennials for entry-level positions, and retain the Boomers as consultants. Some Boomers are also founding fathers of business empires, while some have inherited the empires from their Traditionalist parents. Most Traditionalists, born in or before 1945,

are in wheel chairs today, and the Boomers have taken the reins of their parents’ empires, while the Generation X’ers (1965-1981) are usually the active business leaders today.

Career decisionsIf you think Boomers no longer have

careers, think again. I will go on a limb, but I guess the Boomers are the �rst inhabitants of the workplace that made career decisions on a set of personal values and motivations, which have remained in them for the rest of their lives. What Boomers will do after retirement would be in�uenced by these values and motivations. Some call these basic competencies and work-related preferences, or values that Boomers would be unwilling to give up in making choices. These choices come into play with their assumption about what is desirable and possible in their lives and in the world.

PHOTO SOURCE: © PIXABAY

"IN THE END, IT'S NOT THE YEARS IN YOUR LIFE THAT COUNT; IT'S THE LIFE IN YOUR YEARS." —ABRAHAM LINCOLN

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38 AMCHAM BUSINESS JOURNAL | JULY 2018

will both earn and enjoy. If early work life was corporate slavery, a post-retirement career should be de� nitely more enjoyable. Some considerations are the social connections, the � exibility, or independence to choose when and where to spend time for work, or the sense of legacy or advocacy.

Boost the retirement incomeMany Boomers enjoy “LOI” or living

on interest. This might not be enough to maintain the same pre-retirement lifestyle. Health issues can be very stressful, as medical care gets more expensive as we age. Boomers must consider ways to boost their retirement income.

Boomers can consider teaching, being a freelance consultant, or adviser to � rms or associations. Others could rent their homes, or rooms, and stay in a smaller condominium. They can drive for others, be a personal assistant to your younger relatives at work, buy some popular items at bargain prices and resell them online or a garage sale.

To some people, to RETIRE is to Relax, Entertain, Travel, Indulge, Read, Enjoy.

But as Abraham Lincoln put it, “In the end, it’s not the years in your life that count; it’s the life in your years.” the end, it’s not the years in your life that

Post-retirement choicesMany Boomers are still healthy

today. Senility will likely set in a decade or two hence. The likely career choices for Boomers will be in� uenced heavily by the intensity and ambition they have for work. After having developed some amount of expertise and credibility in a certain � eld, Boomers are likely to consider going into their � eld of expertise, but will decide on the degree of challenge and responsibility that they can comfortably handle without incurring unnecessary stress that could adversely affect their health and longevity.

Often, a practical consideration is the importance of income in shaping future choices. While retirees dream of restful days, lazily reading or watching the news at breakfast time and playing poker games with aging buddies Wednesdays and Fridays, the Boomers’ bank account might not allow this lifestyle. Many Boomers who believed in self-grati� cation have not saved enough to stop working even after retirement.

Another primary consideration, aside from expertise and income, are things that Boomers haven’t been able to do while actively at work. After retirement, Boomers have the luxury of choosing the type of work where they

BUSINESS OF BUSINESS

For comments or questions please e-mail the author at: [email protected]

About the Author:

Ernie Cecilia, DPM, is a regular contributor to the AmCham Business Journal. Mr. Cecilia is the Chair of the AmCham Human Capital & Resources Committee and also Chair of the AmCham

Publications Department.

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40 AMCHAM BUSINESS JOURNAL | JULY 2018

AirTaxi.PH ....................................................................................01

BDO Unibank, Inc. .......................................................................09

CalEnergy International Services, Inc. .........................................03

Capital One Philippines Support Services Corp. ........................35

Chevron Holdings, Inc. ................................................................13

Colgate - Palmolive ............. .......................................................33

Crown Worldwide Movers, Inc. ...................................................39

Emerson Electric Asia Ltd. - ROHQ ............................................31

International School Manila ........ ................................................27

John Clements Consultants, Inc. ............................................ OBC

Kittelson & Carpo Consulting ......................................................17

Orion Support, Inc. ......................................................................07

PMFTC, Inc. .............................................................................. IBC

Procter & Gamble International Operations (SA) ROHQ..............34

Quantity Solutions, Inc. ...............................................................37

Regus Tech Centre ......................................................................15

Santos Knight Frank, Inc. ............................................................29

Truth Veri� er Systems, Inc. .........................................................40

SEPTEMBER

INDEX TO ADVERTISERS

AUGUSTNCRCRISTINA DE LEON 5EDWIN SENA 5GREGORIO YU 9PETER COYIUTO 9FARID SCHOUCAIR 11EDSEL MARTINEZ 13HENRY AQUENDE 14JOSEPHINE GONZALEZ 15RIA GALVEZ 17WILLY TEE TEN 19BRUCE WINTON 21ANGELA LOPEZ 22BONG TORRES 31

NORTH LUZONROBERT WAGNER 8

VISAYASCORAZON BALLARD 3ANTHONY BUCA 9ROGER LIM 9CHARLES STREEGAN 16FRANCIS MONERA 25SANTHANA KRISHNAN VAIDISWARAN 26JOEL BONILLA 26IDYLL ANN LACSON 31

MINDANAOSTEVEN KEITH AWAD 8GUILLERMO TORRES, JR. 17ROSSANO LUGA 19ARMANDO ENERO 22JOCELYN CATAMPO 22

NCRHENRY CO 2GERARDO CARIASO 3DAVID TOZE 4PHILIPPE GAUTHIER 4AILEEN SARAH TOLOSA-LERMA 6JEFFREY WILLIAMS 7VICTOR JOSE AFRICA 9MICHAEL REYNES 9JENS PEDERSEN 10JASPER EVANGELISTA 10ERNANIE RUBILLOS 10GEORGE YANG 12BELINDA LUI 13LI WEI CHEN 13RODIN MANGUBAT 13ARTHUR GINDAP 15ROMMEL MORALES 15GEORGE DRYSDALE 16ROLANDO TIONGSON 21ARTHUR GUEVARRA 25JAMES KODROWSKI 26PEARL LIU 29BIENVENIDO SOMERA 30RUDOLF LIETZ 30

NORTH LUZONLYNN MARIE HABECK 18

VISAYASZAIDEVIC ZAFRA 2JONATHAN ANDAYA 6LIWAYWAY LANGIT 8RODIN MANGUBAT 13JOSÉ JAKE MARQUES 24

MINDANAOCEDRIC CATERIO 11MA. ISABEL LEMEN 16MARIBEL CHUA 19RICARDO LAGDAMEO 21DENNIS UY 26

OTHER SECTIONS

MEMBERS' BIRTHDAYS

AMCHAM SOCIAL MEDIA ACCOUNTS

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