Corporate Roundup: June 04, 2024

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BDO supports industries that drive  growth

BDO Unibank,Inc.plays a pivotal role in helping fuel national development by offering crucial support to companies amid changing market conditions.

BDO recognizes the expanding opportunities in utilities and infrastructure, logistics, tourism, construction, manufacturing, and professional services. These industries, marked by an upswing in activity, showcase prospects for both investors and financiers looking to generate value. Despite setbacks during the pandemic, these industries exhibit promising signs of recovery. The government’s commitment to infrastructure development, coupled with increasing tourist arrivals and growing manufacturing output, ignites optimism for sustained growth in these sectors. 

Charles  Rodriguez, executive vice president and Institutional Banking Group  head, underscored the resilience of industries like fast-moving consumer goods  and healthcare, which have proven to be steadfast pillars of economic stability. Despite market fluctuations, these sectors remain crisis-proof, presenting reliable investment opportunities driven by evolving consumer preferences and heightened health awareness following the COVID-19 pandemic. 

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BDO has enhanced partnerships with key healthcare institutions such as The Medical City to accommodate more patients and employ more individuals in the communities it serves.  

BDO supported FAST Logistics Group to further widen its distribution network across the country, and bolster their supply chain efficiency and resilience. 

The Bank also provided the required financing to ACEN Corp for more renewable energy sources, PrimeWater Infrastructure for safe and reliable water distribution, and NAIA Infrastructure Corp. for more efficient transportation and improved mobility.

Concentrix unveils new brand

Concentrix , a global technology and services leader, launched its new brand positioning and became the first in the customer experience (CX) industry to host a drone show in the country.

The show took place in what is considered the country’s biggest employee-focused multi-event series in which the company invests hundreds of millions of pesos each year, the Concentrix Family Day. Sunday’s #OneFAMNation Musicfest was one of 11 location-based events nationwide.

“We are human-centered, tech-powered and intelligence-fueled. Concentrix continues to put our clients and game-changers at the center of everything we do. This commitment remains the same and anchors the ways in which we provide experiences that go beyond ‘WOW’ while also driving tech advancements,” said Amit Jagga, EVP and country leader for Concentrix.

Concentrix in the Philippines remains the nation’s largest private employer with over 100,000 game-changers in over 50 sites spread across 20 cities. It has recently been recognized at the Asia CEO Awards 2023 as Grand Winner for Top Employer of the Year.

P&G Ph exec among first Mansmith Sales Master Awardees

LU

Procter & Gamble (P&G) Philippines celebrates its homegrown talent Asher John Lu, sales director, for being honored as one of the inaugural recipients of the Mansmith Sales Masters Awards.

The Mansmith Sales Masters Awards is an esteemed recognition program in the Philippines organized by Mansmith and Fielders, Inc., a leading marketing and sales training company.

The awards program seeks to showcase the best practices in exemplary sales leadership, mentorship, and ethical conduct across various industries. It recognizes individuals who have demonstrated inspiring leadership, exceptional sales management skills, and a commitment to fostering growth and development. Asher’s journey at P&G Philippines is a testament to these qualities as he has evolved into an exceptional leader and mentor.

Lu’s transformative leadership led to record sales growth for P&G Philippines, including nearly doubling the market share of Old Spice. His exceptional salesmanship and strategic planning also elevated P&G’s hair care category, achieving its highest-ever sales and market share during his tenure.

AIC Economic Estates wins double gold

Aboitiz InfraCapital Economic Estates’ debut at the Asia-Pacific Stevie® Awards earned double gold recognition for its sustainability and innovation projects, demonstrating its leadership in industrial-anchored development and operation.

Aboitiz InfraCapital Economic Estates (AIC Economic Estates) secured a double victory at the prestigious Asia-Pacific Stevie Awards. These gold awards recognize AIC’s unwavering commitment to green development and solidify their position as a key player in transforming industrial landscapes across the region.

The Gold Stevie Award for Sustainable Business Model highlights the company’s dedication to economic growth alongside environmental stewardship. This commitment is evident across their flagship developments: LIMA Estate, MEZ2 Estate, and West Cebu Estate. Most recently, they’ve brought their expertise to Tarlac with the launch of TARI Estate.

The Gold Stevie Award for Video Innovation underscores the company’s excellence in communication and fostering strategic partnerships. 

Travellers Int’l appoints new leaders

Travellers International Hotel Group (TIHGI), owner and operator of Newport World Resorts (NWR), has appointed Nilo Thaddeus Rodriguez as president and chief executive officer, and Lance Gautreaux as chief operating officer effective June 1, 2024. 

The appointments conclude the year-long transition plan for TIHGI since its holding company, Alliance Global Group, Inc. (AGI), assumed full ownership on May 30, 2023.  

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Rodriguez has been with NWR since August 2022 as chief strategy officer. 

Gautreaux joined the company in 2023, as chief casino officer, with an extensive background in gaming and hospitality across multiple international jurisdictions

Former president and CEO Kingson Sian officially retired from the company after being at the helm of TIHGI since it started 16 years ago as the country’s first integrated resort developer. 

Also leaving their posts effective June 1 are Hakan Dagtas and Bernard Than, former COO and chief financial officer, respectively, who were both part of AGI’s former venture partner in the company.

N. Ecija farmers get boost from digital agri, MSME programs

Participants register to join the Farmers Congress in Talavera, Nueva Ecija.

PLDT and its wireless unit Smart Communications Inc. participated in the Farmers Congress held recently in Talavera, Nueva Ecija, where nearly a thousand farmers learned about various programs and innovations they could utilize to improve their harvest and increase their income.

Among the programs featured at the event were PLDT and Smart’s award-winning livelihood programs, Digital Farmers Program (DFP) and eBizNovation, which help usher farmers and micro-, small-, and medium-sized entrepreneurs (MSMEs) into the digital economy by providing access to technology and upskilling trainings.

DFP is a collaboration with the Department of Agriculture-Agricultural Training Institute (DA-ATI); while eBizNovation helps turn MSMEs into online merchants in partnership with the Department of Trade and Industry, Department of Agriculture, local chambers of commerce, and various e-commerce platforms.

Vertiv opens new Ph office, customer experience center

Vertiv, a global provider of critical digital infrastructure and continuity solutions, recently formally opened  its new offices in Manila as part of its expansion and continuous investment in the country. 

Boasting modern amenities and a “glocal” environment, the new Manila site will house more than 1,200 people that make up the company’s local workforce, supporting Vertiv’s local, regional and global operations.  

Located at the SM Mega Tower building in  Mandaluyong City, the Vertiv offices span over 8,000 square feet across four floors and feature modern amenities, including flexible workspaces, focus areas and wellness rooms, as well as an open office concept.

Vertiv also officially opened the doors to its modern Customer Experience Center (CEC) and the Vertiv Academy, also located within the SM Mega Tower. 

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