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'DZMM Teleradyo': Radio Reinvented

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'DZMM Teleradyo': Radio Reinvented April 2008 Happy 78th birthday, Mr. Oscar M. Lopez! Available online at www.benpres-holdings.com ‘DZMM TeleRadyo’: First Holdings Radio reinvented “YOU get a peep into the workings of a kind in the Philippines. The award-win- With the advent of new media, “ra- issues P5B in radio station. It’s like reality radio,” ABS- ning AM station DZMM 630 launched dio in the Philippines and even in the CBN VP-Manila Radio Division Peter “DZMM TeleRadyo” on April 12, 2007 US is somewhat declining. Even in the preferred shares ...p.2 Musngi says as he explains the concept through a live video broadcast of its radio National Association of Broadcasters of “DZMM TeleRadyo,” the first of its feed aired on cable television. Turn to page 6 ‘PBB Teen Edition Plus’: Bigger and better! ... page 5 Double celebration MML is CEO Excel winner, Meralco celebrates 105th MERALCO chairman and chief exec- utilities, transportation, information Red-hot utive officer (CEO) Manuel M. Lopez technology and telecommunications (MML) recently received the CEO category. Rockwell Excel Award from the International The award recognizes MML for ... page 12 Association of Business Communica- his leadership in bringing together Meralco chairman and CEO Manuel M. Lopez tors (IABC) Philippines for outstand- diverse professions in the 105-year- (left) with IABC India Chapter chairman Bish ing communication leadership in the Turn to page 2 Mukherjee. 2 LOPEZLINK April 2008 LOPEZLINK April 2008 3 First Holdings issues P5B in preferred shares FIRST Philippine Holdings In a disclosure, the com- P1.5B, will be used to “repay Philippine Infrastructure Inc. tion of additional equity in- any of its partners in the North Corp. (FPHC) pushed ahead pany said it hopes to raise at or refinance debts and to fund (FPII), First Philippine Infra- terest in Meralco shares held Luzon Expressway (NLEX) OML is ‘Hero of with its plan to offer as much least P3 billion through the acquisitions in power and structure Development Corp. by the national government project unload their interest. as P5 billion worth of pre- sale, “with a provision for an infrastructure,” the company (FPIDC) and Manila North and/or government-owned About P500 million will be ferred shares after submitting additional P2B depending on said. Another P1B will be Tollways Corp. (MNTC), and or -controlled corporations,” earmarked to “finance capital the documentary requirements the market’s response.” allocated for “strategic acqui- investments in manufacturing. the company said, in addi- and operating requirements Philanthropy’ to the Securities and Exchange A fraction of the money sitions and/or investments” “The company intends to... tion to eyeing an increase in and other general corporate Commission (SEC). raised from the sale, about in shares of Meralco, First partially finance the acquisi- its shareholdings in MNTC if purposes,” First Holdings said. Forbes Asia magazine recently 116 Guimaras Island families still named Lopez Group chairman Oscar suffering from the 2006 oil spill. (L-R) Meralco chairman and CEO Manuel M. Lopez, Gawad Yorac winner Milwilda Guevara, Senate President Manny Villar and UP M. Lopez (O ML) as one of the “He- Lopez Group Foundation is help- tive rating from its investors. In addi- roes of Philanthropy” in Asia. ing to set up a cooperative farming MML is CEO Excel... tion, Meralco’s subsidiaries earned, President Emerlinda Roman at the Meralco Theater. from page 1 Four philanthropists each from venture there. In 1999 he started giving the mother company a stron- old utility and steering the privately ger financial position for 2008. 12 Asian countries were included in First Philippine Conservation Inc. owned and blue chip electric distri- Near world-class standards Educator is Gawad the March cover story titled “48 Al- (FPCI), which works to protect the bution company through a rapidly The gains of five years of imple- truists.” country’s largest remaining block changing power industry. mentation of the corporate image The Forbes profile of OML: of old-growth rainforest in Sierra The CEO Excel is given to senior program were also encouraging: the Yorac awardee “Chair of the Lopez Inc. media Madre range.” executives who have successfully Customer Satisfaction Index (CSI) MERALCO, in cooperation with the University of the Phil- group, which controls ABS-CBN Joining OML on the Forbes list JG Summit Holdings Inc. (JGSHI); harnessed communication in ad- for residential customers surpassed ippines (UP), recently honored Milwilda “Nene” M. Guevara Broadcasting Corp. Family has were Jaime Augusto Zobel de Ayala and Ramon del Rosario Jr., president vancing the reputation, enhancing the level of 7 in 2007 for the first in the 2nd Gawad Haydee Yorac held at the Meralco Theater been wealthy since the 19th century. II, chair and CEO of Ayala Corpora- of Philippine Investment Manage- the profitability and/or achieving time since the 2003 refund issue. Donated 37 acres of family land to tion; John Gokongwei Jr., founder of ment (Phinma). major stakeholder objectives for This raised Meralco to the near in Ortigas Center, Pasig. their organization. world-class customer satisfaction Guevara, president and CEO of Synergeia Foundation Champion standard of 8 among service compa- Inc., was cited for her exemplary work in providing under- As chairman and CEO, MML nies. privileged children with access to quality basic education. 3rd lowest since Oct. ‘04 championed Meralco’s five corpo- IABC is a professional network Her method in implementing basic education reform pro- rate thrusts for 2007 by leading the of over 14,000 business communica- grams to the grassroots has inspired leaders from all over Meralco clarifies generation charge adjustment strategic management committee tion professionals in over 70 coun- the country. where details were threshed out tries. The Philippine chapter was the The Gawad Haydee Yorac perpetuates the memory of MERALCo’s generation automatic adjustments were automatic adjustments were vice president for corporate among different areas of operations. first to be established in Asia and the former Presidential Commission on Good Government charge of P4.3998 per kilo- restored, Meralco said. suspended. communications Elpi Cuna He was also cited for advocating at continues to be among the most ac- (PCGG) chair and 2004 Ramon Magsaysay awardee and her watt/hour (kWh) for March While it is higher by 19.39 “…This is merely a cost- Jr. different employee forums to explain tive chapters. It gives the CEO Excel outstanding accomplishments. It is an annual search in recog- 2008 is the third lowest centavos than the P4.1946 recovery mechanism and rev- Cuna said that the increase these thrusts to employees. Award to senior executives who have nition of leaders and public servants who possess attributes, level since October 2004. per kWh generation charge enue neutral. We never gain a was primarily because of the These corporate thrusts were: successfully harnessed communica- practice personal work ethics and live personal lives worth This represents a substantial billed to customers in Febru- single centavo from changes upsurge in Wholesale Elec- included corporate image building, tion in advancing the reputation, emulating. P1.30/kWh reduction from the ary, it is still lower than the in the cost of power supply tricity Spot Market (WESM) regulatory management, system loss enhancing the profitability and/or The first recipient of the award, in 2007, was Gawad Kalin- generation charge of P5.6764/ P4.42 per kWh billed during that is passed on to our cus- prices. (Meralco Corporate reduction, operational efficiency achieving major stakeholder objec- ga’s Antonio Meloto. (Meralco Corporate Communication) kWh in July 2007 when the the 10-month period when the tomers,” explained Meralco Communication) and financial management. Due to tives for their organization. (Top photo) Meralco chairman and CEO Manuel M. Lopez (standing, 7th from left) MML’s efforts, the company was ‘MeralcOlympics’ and president and COO Jesus P. Francisco (standing, 5th from left) handed plaques of able to achieve the latter two. Another Meralco milestone was exemplary performance to 14 outstanding employees and Model Employee trophies For the first time in seven years, the company’s Olympic Games- to two others in corporate rites honoring top office and individual achievers held March 14 at the Meralco Theater. (Lower photos) The opening ceremonies on March 7 Bayan has lot of things to dance about a stock and a cash dividend were de- style 105th anniversary celebration Charo is new with Francisco and Lopez lighting the cauldron at the Meralco Center grounds. Remi- Bayan had everyone shuf- clared, while the gains of a P12-bil- and Employees Week. niscent of the Olympic Games, the opening activity featured other Meralco officials, lion refinancing of outstanding loans With the Performance Based 105 linemen and Olympic silver medalist Mansueto “Onyok” Velasco as bearers of the fling their feet to festive were effected, enabling the company Regulation (PBR) regime already flame. ABS-CBN president samba music at the Network- to achieve stability and a more posi- in effect, “MeralcOlympics 2008” ing Reception Dinner of the emphasized the need for employees the artistry of Meralco employees CHARO Santos-Concio 8th e-Services Philippines: to deliver their best performance and departments. was appointed as the new Global Sourcing Conference in a competitive and deregulated The employees’ families and the president of ABS-CBN and Exhibition recently. E-jeep: Meralco’s response environment. With the tagline “105 general public enjoyed the week- Broadcasting Corporation “This is our fourth year host- Years of Excellence: Record Break- long celebrations that included an winners of the games, there was a ing the e-Services Networking The Bayan Business sales and in March, taking over from Reception Dinner and we want marketing team enjoy the ‘Samba ing Performance,” the celebration appliance fair, “Karnabal sa Obal,” tribute to Meralco linemen, the ser- interim president Eugenio to ‘Clean and Green’ drive vice awards for employees and the to live up to our promise of be- Night’ fun.
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