September 24, 2017, 1:12 pm
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1 Philippine Peso = 0.07205 UAE Dirham
1 Philippine Peso = 2.19737 Albanian Lek
1 Philippine Peso = 0.03473 Neth Antilles Guilder
1 Philippine Peso = 0.33883 Argentine Peso
1 Philippine Peso = 0.02472 Australian Dollar
1 Philippine Peso = 0.03508 Aruba Florin
1 Philippine Peso = 0.03924 Barbados Dollar
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1 Philippine Peso = 0.01962 Bermuda Dollar
1 Philippine Peso = 0.02647 Brunei Dollar
1 Philippine Peso = 0.13537 Bolivian Boliviano
1 Philippine Peso = 0.06149 Brazilian Real
1 Philippine Peso = 0.01962 Bahamian Dollar
1 Philippine Peso = 1.26104 Bhutan Ngultrum
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1 Philippine Peso = 392.78006 Belarus Ruble
1 Philippine Peso = 0.03919 Belize Dollar
1 Philippine Peso = 0.02419 Canadian Dollar
1 Philippine Peso = 0.01905 Swiss Franc
1 Philippine Peso = 12.25231 Chilean Peso
1 Philippine Peso = 0.12921 Chinese Yuan
1 Philippine Peso = 57.14342 Colombian Peso
1 Philippine Peso = 11.22072 Costa Rica Colon
1 Philippine Peso = 0.01962 Cuban Peso
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1 Philippine Peso = 0.42857 Czech Koruna
1 Philippine Peso = 3.49225 Djibouti Franc
1 Philippine Peso = 0.12231 Danish Krone
1 Philippine Peso = 0.92211 Dominican Peso
1 Philippine Peso = 2.19774 Algerian Dinar
1 Philippine Peso = 0.25715 Estonian Kroon
1 Philippine Peso = 0.34589 Egyptian Pound
1 Philippine Peso = 0.45831 Ethiopian Birr
1 Philippine Peso = 0.01644 Euro
1 Philippine Peso = 0.03953 Fiji Dollar
1 Philippine Peso = 0.01454 Falkland Islands Pound
1 Philippine Peso = 0.01447 British Pound
1 Philippine Peso = 0.08679 Ghanaian Cedi
1 Philippine Peso = 0.87895 Gambian Dalasi
1 Philippine Peso = 174.63213 Guinea Franc
1 Philippine Peso = 0.14311 Guatemala Quetzal
1 Philippine Peso = 3.97705 Guyana Dollar
1 Philippine Peso = 0.15314 Hong Kong Dollar
1 Philippine Peso = 0.45756 Honduras Lempira
1 Philippine Peso = 0.12286 Croatian Kuna
1 Philippine Peso = 1.19973 Haiti Gourde
1 Philippine Peso = 5.08986 Hungarian Forint
1 Philippine Peso = 260.48656 Indonesian Rupiah
1 Philippine Peso = 0.0688 Israeli Shekel
1 Philippine Peso = 1.27132 Indian Rupee
1 Philippine Peso = 22.89582 Iraqi Dinar
1 Philippine Peso = 658.62271 Iran Rial
1 Philippine Peso = 2.10712 Iceland Krona
1 Philippine Peso = 2.56229 Jamaican Dollar
1 Philippine Peso = 0.01388 Jordanian Dinar
1 Philippine Peso = 2.20489 Japanese Yen
1 Philippine Peso = 2.02178 Kenyan Shilling
1 Philippine Peso = 1.3433 Kyrgyzstan Som
1 Philippine Peso = 79.4585 Cambodia Riel
1 Philippine Peso = 8.05435 Comoros Franc
1 Philippine Peso = 17.65745 North Korean Won
1 Philippine Peso = 22.18972 Korean Won
1 Philippine Peso = 0.00592 Kuwaiti Dinar
1 Philippine Peso = 0.01609 Cayman Islands Dollar
1 Philippine Peso = 6.67785 Kazakhstan Tenge
1 Philippine Peso = 162.84088 Lao Kip
1 Philippine Peso = 29.53698 Lebanese Pound
1 Philippine Peso = 2.99588 Sri Lanka Rupee
1 Philippine Peso = 2.29351 Liberian Dollar
1 Philippine Peso = 0.26015 Lesotho Loti
1 Philippine Peso = 0.05981 Lithuanian Lita
1 Philippine Peso = 0.01217 Latvian Lat
1 Philippine Peso = 0.02654 Libyan Dinar
1 Philippine Peso = 0.18329 Moroccan Dirham
1 Philippine Peso = 0.34501 Moldovan Leu
1 Philippine Peso = 1.00647 Macedonian Denar
1 Philippine Peso = 26.68236 Myanmar Kyat
1 Philippine Peso = 48.14597 Mongolian Tugrik
1 Philippine Peso = 0.15773 Macau Pataca
1 Philippine Peso = 7.0826 Mauritania Ougulya
1 Philippine Peso = 0.65097 Mauritius Rupee
1 Philippine Peso = 0.30135 Maldives Rufiyaa
1 Philippine Peso = 14.05376 Malawi Kwacha
1 Philippine Peso = 0.34969 Mexican Peso
1 Philippine Peso = 0.08232 Malaysian Ringgit
1 Philippine Peso = 0.2598 Namibian Dollar
1 Philippine Peso = 6.92564 Nigerian Naira
1 Philippine Peso = 0.58623 Nicaragua Cordoba
1 Philippine Peso = 0.15332 Norwegian Krone
1 Philippine Peso = 2.01197 Nepalese Rupee
1 Philippine Peso = 0.02683 New Zealand Dollar
1 Philippine Peso = 0.00755 Omani Rial
1 Philippine Peso = 0.01962 Panama Balboa
1 Philippine Peso = 0.06369 Peruvian Nuevo Sol
1 Philippine Peso = 0.06268 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.06494 Pakistani Rupee
1 Philippine Peso = 0.07028 Polish Zloty
1 Philippine Peso = 111.25171 Paraguayan Guarani
1 Philippine Peso = 0.07269 Qatar Rial
1 Philippine Peso = 0.0755 Romanian New Leu
1 Philippine Peso = 1.13354 Russian Rouble
1 Philippine Peso = 16.2576 Rwanda Franc
1 Philippine Peso = 0.07357 Saudi Arabian Riyal
1 Philippine Peso = 0.15204 Solomon Islands Dollar
1 Philippine Peso = 0.2669 Seychelles Rupee
1 Philippine Peso = 0.13067 Sudanese Pound
1 Philippine Peso = 0.15655 Swedish Krona
1 Philippine Peso = 0.02649 Singapore Dollar
1 Philippine Peso = 0.01455 St Helena Pound
1 Philippine Peso = 0.43567 Slovak Koruna
1 Philippine Peso = 147.14538 Sierra Leone Leone
1 Philippine Peso = 10.928 Somali Shilling
1 Philippine Peso = 402.77613 Sao Tome Dobra
1 Philippine Peso = 0.17167 El Salvador Colon
1 Philippine Peso = 10.10359 Syrian Pound
1 Philippine Peso = 0.2598 Swaziland Lilageni
1 Philippine Peso = 0.64921 Thai Baht
1 Philippine Peso = 0.04791 Tunisian Dinar
1 Philippine Peso = 0.0432 Tongan paʻanga
1 Philippine Peso = 0.06876 Turkish Lira
1 Philippine Peso = 0.13239 Trinidad Tobago Dollar
1 Philippine Peso = 0.59217 Taiwan Dollar
1 Philippine Peso = 43.90818 Tanzanian Shilling
1 Philippine Peso = 0.51422 Ukraine Hryvnia
1 Philippine Peso = 70.57092 Ugandan Shilling
1 Philippine Peso = 0.01962 United States Dollar
1 Philippine Peso = 0.56582 Uruguayan New Peso
1 Philippine Peso = 158.34804 Uzbekistan Sum
1 Philippine Peso = 0.19569 Venezuelan Bolivar
1 Philippine Peso = 445.73278 Vietnam Dong
1 Philippine Peso = 2.0155 Vanuatu Vatu
1 Philippine Peso = 0.04907 Samoa Tala
1 Philippine Peso = 10.773 CFA Franc (BEAC)
1 Philippine Peso = 0.05297 East Caribbean Dollar
1 Philippine Peso = 10.75142 CFA Franc (BCEAO)
1 Philippine Peso = 1.95017 Pacific Franc
1 Philippine Peso = 4.90386 Yemen Riyal
1 Philippine Peso = 0.25991 South African Rand
1 Philippine Peso = 101.81479 Zambian Kwacha
1 Philippine Peso = 7.10025 Zimbabwe dollar

Paying it forward for future project managers

When the term project management in construction has not been even heard of, Salvador Castro Sr. was one of those already offering  this specialized service  in the country back in the day.

Nowadays, project managers  have become almost indispensable in massive construction projects. But  only a  handful of local players can have the bragging rights of being the pioneer.

One  such prime mover is Castro’s son Salvador Jr., chairman of SPCastro, Inc., a 30-year old company providing a wide range of project management and consultancy services. Project managers like SPCastro provide end-to-end solutions to building owners in handling projects – from acquisition to hiring  contractors to cost and schedule management.

Salvador Jr. considers his “old man” his first mentor in project management. While  a reluctant successor, he trained under the watchful eye of his father before venturing out on his own, doing mostly  small housing projects. Even then, the younger Castro was applying the principles  he learned from his father: controlling cost, ensuring quality, and timely delivery.

Castro got his first break in managing big  projects in the 1970s when he was taken under the  wings of Enrique Zobel of Ayala Corp. He originally set out to train for two years in preparation for a stint in the then planned Makati Development Corp.
Until an opportunity for an overseas project came. Ayala International sent Castro to co-lead with international firm Bechtel Corp. a project to build the biggest palace in the world, the Istana Nurul Iman of the Sultan Negara Brunei Darussalam.

The formula Castro learned from his father, he merely expanded in Ayala on a much bigger scale.

While abroad, Castro realized he still had lot more to learn. One of his humongous tasks was to handle  5,000 workers of various nationalities. Castro knew Zobel trusted him so much he could not afford to bungle.

By the time he was in his 40s, he retired from Ayala and went back home.

Castro, with the help of his farther set up SPCastro and Associates in 1986. Expectations were quite different from reality because his company was not getting any work. At that time, Filipinos preferred foreigners as project consultants.

Castro then packed his bags and went  back to Brunei and registered his company SPCastro and Associates  initially doing audit for  land development  projects of the Brunei government.

There,Castro got another break when his company was appointed the project manager for the Brunei Convention Center.

A lot of showcase projects came one after the other including the  Royal Regalia (The Sultan’s Museum), Royal Pavilion (The Sultan’s Hangar), Masjid Jame”Asr Hassanil Bolkiah (Sultan’s Mosque), Yayasan Sultan Haji Hassanal Bolkiah, Bolkiah Housing A” and “B.

But Castro again found the  opportunity to go back home to handle the project management of Marco Polo Davao 

“On the financial side nothing compares to overseas (projects) but when it comes to technology a lot can still be introduced here in the Philippines,” Castro  said.

It was  during this time when  Castro started doing what he  describes as “payback”. He would hire fresh graduates, train them and teach them the values of integrity in one’s  job, virtues he learned from both his  father and Zobel. He would also share to his recruits his experiences in Ayala and in Brunei.

Today, Castro is on his  second payback ,  the institutionalization of a  training unit in his small company.

“Our professionals  are still lacking in so many ways. I teach them to value their work especially when I see the potential of a worker,”  Castro  said.

Castro’s  second homecoming  was a lot more encouraging than the first. He stumbled upon a niche in  project management:  hospitals.

He was fortunate to have been given the opportunity to train in Stanford University Medical Center on how to  run a hospital. Back home, he applied what he learned  I n  managing the construction of Asian Hospital, St. Luke’s Medical Center Global City, The Medical Center in Muntinlupa  and The Medical City in Pasig.

Today, healthcare is one of the divisions of SPCastro . The others include institutions like schools and special projects.

SPCastro is currently handling six projects including a hospital under  Phinma, the MCU Hospital and St. Luke’s Medical Center Quezon City expansion

One of the institutions SPCastro worked with is  Ateneo.de Manila Universty.  Special projects include the restoration of the Manila Cathedral prior to the visit of Pope  Francis in 2015 and of Insular Life.

As he prepares for retirement, Castro had established these divisions each to be led by a  team  within his 80-man company.

Today, Castro spends most of his time to his advocacy: educating the players in the construction industry of the how to avoid, or settle, disputes involving contracts.

Castro advocates dispute avoidance and the use of various modes of resolving construction disputes.
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