REVISED M.A.P. 2016 ANNUAL REPORT as of 12 December 2016

M.A.P. THEME FOR 2016

The M.A.P. Board of Governors adopted “EFFICIENT EXECUTION FOR INCLUSIVE BUSINESS” as the M.A.P. theme for 2016. The M.A.P. believes that improving the ease of doing business in the Philippines will contribute in attracting local and foreign investments, creating more jobs, and ensuring inclusive growth.

The M.A.P. continues to push for reforms and policies that are geared towards capitalizing on disruptive technologies and fostering an enabling business environment, particularly in advocating for practical business solutions to surmount the many challenges our society faces.

As a catalyst for management excellence for nation-building, the M.A.P. works with its members and partners with other business organizations, the government and civil society in conducting programs that promote good governance, global competitiveness and sustainable development to uplift the lives of Filipinos.

PRIORITY PROGRAMS FOR 2016

1. EASE OF DOING BUSINESS

Helping improve the “Ease of Doing Business” (EODB) in the country was the flagship program of the M.A.P. in 2016. M.A.P. is fortunate that EODB is included in the 10-point Socioeconomic agenda of the Duterte Administration. Through the Program, the M.A.P. agreed to look at how it can help improve the government’s business registration/accreditation process, address the other bureaucratic problems faced by prospective investors, and offer practical business solutions for government’s consideration.

The M.A.P. conducted the following activities in line with its EODB program:

1.1 March 29 M.A.P. General Membership Meeting (GMM) with former Bureau of Internal Revenue (BIR) Commissioner KIM S. JACINTO-HENARES

The M.A.P. Tax Committee spearheaded the March 29 M.A.P. GMM with Commissioner HENARES who spoke on the topic “THE TAXMAN COMETH: Can BIR and Business Live Happily Ever After?,” particularly on issues pertaining to BIR performance, where the taxes go, tax reforms, programs/initiatives Comm. KIM HENARES (left) and M.A.P. Tax implemented to improve customer service, Committee member TAMMY LIPANA (Q&A plans/initiatives for 2016 to further improve Moderator) customer service, among others.

Page 1 of 64 1.2 April 6 Dialogue with former Department of Trade and Industry (DTI) Secretary ADRIAN S. CRISTOBAL, JR.

(seated l-r): M.A.P. Secretary CHIT JUAN, Vice President MARIFE ZAMORA, Sec. ADRIAN S. CRISTOBAL, JR., President PERRY PE and Governor EDDIE YAP (standing l-r) Trade, Industry and Tourism Committee (TITC) Member ED BAÑAGA, TITC Co-Vice Chair CHARLIE VILLASEÑOR, TITC Co-Vice Chair JOE MAGSAYSAY, National Security Committee Chair MAYO LOPEZ, TITC Member MARIVIC ESPAÑO, CSR Committee Chair ED AMISTAD, TITC Member CHINGLING TANCO, TITC Chair RUY MORENO and Tax Committee Chair ALEX CABRERA.

In the Dialogue, the M.A.P. and the DTI agreed to work together on the following items:

1.2.1 Help DTI for its Anti-Red Tape Program with the Civil Service Commission and the Investment Ombudsman in order to improve the EODB in the Philippines and reduce the business processing into 3 days.

1.2.2 Join a meeting of DTI, DA and DOST in order to discuss the following issues concerning EODB

(a) Minimize complications in coordinating with the three government agencies in terms of processing requirements for importation and exportation.

(b) Help the DTI in leading to reform the regulatory regime in order to attract more foreign investments.

(c) Participate as Partner for the DTI SME Roving Academy (SMERA) which is a management training program for would-be entrepreneurs, SME owners, and managers of micro and small to medium-sized businesses. This initiative is meant to provide continuous learning program for entrepreneurs to help them better set up and step up their operations and improve their competitiveness, thereby facilitating easier access to domestic and international markets.

Page 2 of 64 1.3 May 31 M.A.P. GMM with Philippine Competition Commission (PCC) Chair ARSENIO “Arsi” M. BALISACAN

On May 31, M.A.P. had its GMM with PCC Chair BALISACAN on “Leveling the Playing Field for Business Competition.” Sec. Balisacan presented how the M.A.P. and the PCC can work together in the effective implementation of the Implementing Rules and Regulations (IRR) for Republic Act 10667 or “The Philippine Competition Act of 2015,” a game-changing legislation that aims to create a level playing field for businesses for the ultimate benefit of consumers.

Dr. ARSI BALISACAN with M.A.P. Programs Committee Vice Chair MALOU CRISTOBAL (Emcee and Q&A Moderator)

1.4 August 30 M.A.P. GMM with Department of Transportation (DOTr) Secretary ARTHUR “Art” P. TUGADE, JR.

On August 30, M.A.P. had its GMM with DOTr Secretary TUGADE on “METRO MANILA TRAFFIC WOES: Is there a solution in sight?” Secretary Tugade presented the DOTr’s plans on how to solve the traffic and transportation problems in Metro Manila, and how the proposed emergency powers will be utilized, if granted by Congress.

Sec. ART TUGADE (left) with M.A.P. Traffic, Transportation and Infrastructure Committee Governor-in-Charge EDDIE YAP (Q&A Moderator)

1.5 November 8 M.A.P. GMM with the Philippine Ambassador to China, Amb. JOSE SANTIAGO “Chito” L. STA. ROMANA, and the Philippine Ambassador to Japan, Amb. JOSE “Joey” C. LAUREL V

At the November 8 GMM, Amb. STA. ROMANA (right) and Amb. LAUREL (left) shared their views, particularly on what the business community can expect from the new opportunities for social and economic cooperation between Japan/China and the Philippines.

Page 3 of 64 1.6 November 29 M.A.P. Annual General Membership Meeting and Presentation of “M.A.P. Management Man of the Year 2016” for Approval of M.A.P. Members

At the November 29 GMM, Mr. MANOLITO “Lito” T. TAYAG, Vice Chair of the IT and Business Process Association of the Philippines (IBPAP) and Country Managing Director of Accenture, Inc. (Phils.), made a presentation on “The Business Process Management (BPM) Roadmap 2022.”

A Panel Discussion on “THE FUTURE OF THE FILIPINO MIDDLE CLASS (Will The BPO Industry Get Trumped?)” was held with the following panelists: 1.6.1 Mr. RAINERIO “Bong” M. BORJA, Treasurer, IBPAP; President – Asia Region, Alorica Corp. 1.6.2 Ms. MARIA CRISTINA “Cristina” H. CONCEPCION, President and CEO, Business Process Outsourcing International, Inc. 1.6.3 Ms. CATHERINE “Cathy” S. ILETO, Trustee, IBPAP; Senior Director and Asia Pacific Leader for Marketing and Public Relations, Sutherland Global Services 1.6.4 Ms. MA. VICTORIA “Ivic” P. MUECO, President, Convergys Asia Pacific 1.6.5 Mr. DANILO SEBASTIAN “Dan” L. REYES, Chair, IBPAP; Country Manager, Genpact Phils. 1.6.6 Mr. MANOLITO “Lito” T. TAYAG, Country Managing Director, Accenture, Inc. (Phils.)

Mr. COCO ALCUAZ, former Head of ANC Business News and former Manila Bureau Chief of Bloomberg News, as the Moderator.

(l-r) Mr. COCO ALCUAZ, Mr. BONG BORJA, Ms. CRISTINA CONCEPCION, Ms. CATHY ILETO, Ms. IVIC MUECO, Mr. DAN REYES and Mr. LITO TAYAG

2. EMERGE (Educated Marginalized Entrepreneurs Resource GEneration) PROGRAM

2.1 The EMERGE Program aims to assist the entrepreneurial poor, the retired government employees, the families of uniformed services and the returning OFWs who would like to go into the following projects/businesses which have big potential for growth and job generation: (a) Agribusiness, (b) Tourism, and (c) Food and Beverage.

Page 4 of 64 2.2 The 3 key components of the EMERGE Program are: 2.2.1 FUNDING – The Program finances the equity requirements of the proposed project/business, with the balance to be sourced through a bank loan. 2.2.2 MENTORING - The Program has a pool of mentors whose main tasks are to help in developing a business plan, securing a bank loan, and formulating the required management systems for the project/business.

2.2.3 VALUES FORMATION - The Program teaches the participants the values of responsibility and honesty. The participants are taught how to give back when the project/business starts making money by having them agree that a portion of the project/business’ net income will be given back to the EMERGE Fund to make it sustainable.

2.3 The Program already generated 19 Partners-in-Mission who are expected to inform their constituents about the program and help nurture the projects/businesses to become successful enterprises that will continuously create jobs.

2.4 Thirty-four (34) M.A.P. members have signed up as Volunteer mentors for the Program.

2.5 As of 15 November 2016, there was about P800,000 available for equity financing for the 4th and subsequent EMERGE projects.

2.6 Following are the three (3) ongoing EMERGE Projects:

2.6.1 First - Nutritional Food Products Project with CHEERS (Community Health Education Emergency Rescue Services)

(a) At the 31 May 2016 M.A.P. GMM, the P500,000 equity financing was released for the 1ST EMERGE project, the Nutritional Food Products Project with the Community Health Education Emergency Rescue Services (CHEERS) Corporation which was represented by its President, Mr. JOHN ALVIN “Alvin” L. (l-r) Atty. PERRY PE, CHEERS President JOHN MONTANO. Finished products ALVIN MONTANO and EMERGE Committee are nutritional food (nutri-food) Governor-in-Charge POPOY DEL ROSARIO. items, like chocolate bars, polvoron & ensaimada using cassava and malunggay flour.

(b) The Department of Social Welfare & Development (DSWD) is one of the marketing partners of CHEERS for the project.

Page 5 of 64 2.6.2 Second - Abaca Project with Ecosustain Solutions (ECOSOL)

(a) At the 28 July 2016 GMM, the EMERGE Program released the P500,000 equity financing for the 2nd EMERGE project, the Abaca Project with Iligan City, Lanao del Norte-based Ecosustain Solutions or EcoSol which was represented by its Founder, Ms. REGINA “Nanette” SALVADOR- ANTEQUISA (center).

(b) Major buyer of abaca is Newtech Pulp, Inc., a subsidiary of Glatfelter Company, a 150-year old paper company based in New York, USA.

2.6.3 Third - NAPIER Project with Mr. Felomino Limeta and Roxas Holdings, Inc.

(a) Also at the 28 July 2016 GMM, the P300,000 equity financing was released for the 3rd EMERGE Project which is the NAPIER Project with Mr. FELOMINO LIMETA (3rd from left) and other farmers as the beneficiaries with the support of the Roxas Holdings, Inc. (RHI) who will buy the produce of the farmers. Napier stalks are used by RHI to fuel the boilers of the sugar mill of RHI’s Center Azucarera Don Pedro, Inc. (CADPI) in Nasugbu, Batangas. Present at the July 28 GMM were RHI Corporate Social Responsibility Associate FRANCES ARJOHN M. BELEN and Mr. LIMETA.

(b) The principal buyer of Napier is the CADPI, a subsidiary of RHI, known to be at the forefront of the sugar and ethanol industry.

2.7 The following possible EMERGE projects are under evaluation:

2.7.1 Coffee project with Coffee for Peace in Davao which engages rebel returnees 2.7.2 VCO project with Coco Vivre which is based in Zamboanga 2.7.3 Stevia tea 2.7.4 Seaweed 2.7.5 Dragon fruit 2.7.6 Garments 2.7.7 Bamboo 2.7.8 Vegetable farming 2.7.9 Food innovation center Page 6 of 64 2.8 The EMERGE Program will organize a Values Formation Training Program for the mentees of the first three EMERGE projects with the following concept and costs:

Concept 2.8.1 EMERGE Committee Member Rex Drilon II recommended Mr. Jun Tupaz of Social Entrepreneurship for Values Formation

2.8.2 From 4 modules of 4 hours each, namely Natural law, Subsidiary, Core Values and Family/Community, the program will be consolidated to 2 modules.

2.8.3 Module 1 on Values Orientation will cover 15 sub-topics and Module 2 will cover Family / Community / Country.

Costs 2.8.4 P10,000 per session, exclusive of transportation, food and lodging

3. TRAFFIC AND TRANSPORTATION RECOMMENDATIONS

M.A.P. continues to push for the implementation of the M.A.P.’s Traffic and Transportation Recommendations that were submitted to the government on 27 August 2015 through a paper entitled “Traffic and Transportation Problems of Metro Manila: A Holistic Approach.”

3.1 HIGHWAY PATROL GROUP (HPG) DIRECTOR AWARD

On 5 May 2016, the M.A.P. was given the DIRECTOR HPG AWARD during the HPG’s 61st Anniversary Celebration at Camp Crame for the M.A.P.’s “invaluable support to the HPG which immensely contributed towards the accomplishment of the HPG’s mission in ensuring safety and security of all motorist and road users.”

(l-r) Philippine National Police (PNP) Police Chief Superintendent ARNOLD GUNNACAO, PNP Chief RICARDO MARQUEZ and M.A.P. Traffic, Transportation and Infrastructure Committee Governor-in-Charge EDDIE YAP

3.2 M.A.P. URGED THE DUTERTE ADMINISTRATION TO DECLARE TRAFFIC CRISIS IN MM

The M.A.P. urged the Duterte Administration to declare a Traffic Crisis and appoint a Traffic Czar in Metro Manila (MM) through its M.A.P. Statement entitled “MAP: declare Traffic Crisis, appoint Traffic Czar in MM”.

Page 7 of 64 The M.A.P. stressed that first and foremost, there must be an issuance of an Executive Order to declare that a transportation and traffic crisis exists in Metro Manila and, with the concurrence of Congress, secure emergency powers for the President to address the crisis by mobilizing all government resources and undertaking necessary measures unhampered by appointment, procurement, budgetary and Commission on Audit regulations during its pendency.

Then, there must be an appointment of a Traffic Czar with Cabinet rank in the person. The M.A.P. highly recommended former Secretary of DOTC and DPWH, Jose “Ping” de Jesus, to take overall full-time management and control with appropriate powers and authority delegated by the President to effect the earliest abatement of the crisis.

The Traffic Czar must expeditiously employ all available short-term measures to bring about the soonest relief, while implementing long-term infrastructure solutions. The M.A.P.’s holistic traffic improvement plan, while partially implemented by the Aquino Administration, still contain numerous short-term management and engineering measures that, when implemented, will bring significant positive improvement. Long-term infrastructure solutions, also contained therein, are designed for long-term sustainable improvement. The MAP stands ready to constructively engage the Traffic Czar.

3.3 MAY 18 DIALOGUE WITH MMDA

On 18 May 2016, members of the M.A.P. Traffic, Transportation and Infrastructure Committee had a Dialogue with the Metropolitan Manila Development Authority (MMDA) Chair, Atty. EMERSON CARLOS, and an ocular of MMDA’s TRAFFIC CONTROL CENTER in order to push forward the M.A.P.’s recommendations to solve the traffic problems in MM.

In the Dialogue, the M.A.P. and the MMDA agreed to work on the following:

(a) Request Congress to provide more powers for MMDA so it can compel all LGUs in MM to cooperate with it and allow it to perform planning, monitoring, coordinating, and implementing functions, and to exercise regulatory and supervisory authority over delivery of metro-wide services

(b) Advocate for emergency powers for the Duterte Administration to enable the MMDA to abrogate LGU ordinances that hinder the performance of its mandate, particularly in clearing Mabuhay lanes and other alternate routes

(c) Implement short-term measures to lessen traffic, like designating a “pick up and drop off” point for school service vehicles in nearby malls, instead of the area within the schools, encourage the use of high occupancy vehicles (HOV), construction of modular steel bridge along major roads like Ortigas, increasing sidewalk width of areas along EDSA (e.g, the Guadalupe area)

(d) Encourage DPWH and DOTC to work more closely with MMDA

Page 8 of 64 (l-r) M.A.P. Executive Director ARNOLD SALVADOR, M.A.P. Traffic, Transportation and Infrastructure Committee (TTIC) Chair RUY MORENO, TTIC member FRED PARUNGAO, TTIC member GLICER SICAT, TTIC Adviser PING DE JESUS, TTIC Governor-in-Charge EDDIE YAP, MMDA Chair EMERSON CARLOS, TTIC Vice Chair JORGE YULO, TTIC member JOE MAGSAYSAY, TTIC member OBET ROBES (partly hidden), and TTIC member THAD LIAMZON

3.4 Continue pushing for the implementation of the M.A.P. Recommendations in Solving the Traffic and Transportation Problems in Metro Manila (MM)

Short-term

3.4.1 Appoint a Traffic Czar to show who is in charge and take overall charge of all matters related to or affecting traffic and road management (implemented already) 3.4.2 Assign and deputize a specially-trained HPG within the PNP to enforce traffic rules and impose order on the chaotic traffic (implemented already) 3.4.3 Direct the Traffic Czar to introduce road engineering refinements such as bus lane delineators on EDSA and other major national roads to increase their efficiency and optimize limited roadspace (implemented already) 3.4.4 Fast-track the upgrade and capacity expansion of the MRT3 3.4.5 Upgrade into expressways the existing major national roads (e.g., EDSA, C5, Roxas Blvd., Diosdado Macapagal Ave., Katipunan, Commonwealth, Buendia, Lawton Ave. in West Fort Bonifacio, Kalayaan Ave., Shaw Blvd., Ortigas Ave., E. Rodriguez, Ramon Magsaysay, Roosevelt, Quezon Ave. and Bonifacio Road in QC) 3.4.6 Improve the resiliency of all national major and radial roads against floods 3.4.7 Direct the use of fast construction methods to eliminate traffic-disrupting intersections on major roads 3.4.8 Direct a campaign for private vehicle high occupancy practices

Long-term

3.4.9. Build new bridges across Pasig River. There is over-convergence of vehicles during rush hours on the few bridges, particularly at EDSA and C5, to cross the Pasig River. Again, using prefabricated steel bridges for fast completion, construction of the long missing C-3 bridge link from Makati to Mandaluyong and another to link Bonifacio Global City to an appropriate location in Capitolyo, will greatly disperse vehicular traffic to relief congestion.

Page 9 of 64 3.4.10.Resolve issues and fast track other mass transit systems

3.4.10.1 Resolve all issues related to the linking of MRT3 to LRT1 and the implementation of the LRT1 extension to Cavite;

3.4.10.2 Roll out the LRT2 extension line from Santolan, Marikina to Masinag Market with an intermodal terminus station for convenient and safe interconnection with other modes of transport, and provide a park-and- ride facility to encourage commuters to take public transit instead of driving their cars into the city;

3.4.10.3 Quickly decide on and rollout an appropriate surface mass transit system to complement the MRT3 on EDSA. The government must choose the most appropriate transit option among many, such as Bus Rapid Transit (BRT), long-bus train, large capacity articulated city commuter buses or rail tram.

3.4.10.4 Fast track implementation of the MM north and south commuter rail, including the provision of city intermodal terminals and at outlying towns and cities as a means to promote the development of satellite towns and cities to decongest MM. Include park-and-ride facility to encourage motorists to use public transit.

3.4.10.5 Connect major commercial and residential developments to mass transit systems

3.4.11 Require adherence to best practices for mixed-use property development

3.4.12 Issue an E. O. directing the planning of a high-capacity subway system under the entire length of EDSA

3.4.13 Direct the filing of a legislative bill to restructure governance of MM - An elected Governor who shall, by law rather than forbearance of the city mayors, be vested with authority over matters such as road and traffic management, flood control, urban planning and development, particularly large-scale mixed-use land developments.

 Developments: Donation to HPG: In response to request of former Executive Secretary Almendras, M.A.P donated in 2015 vitally needed gear to assist HPG do its job properly with the following items: 200 pcs. Each of heavy duty ponchos, rubber boots, reflectorized traffic hand gloves, face mask with replaceable filter; re-chargeable LED flashlights and 6 units of Canon digital cameras. The M.A.P Board approved 50% of the total cost and the balance was donated by M.A.P. Governors Perry Pe, Abet Villarosa, members Johnson Tan and Mr. Eddie Yap.

3.4.14 TTIC Chair Eddie Yap has advanced and explained M.A.P.’s plan at various fora, including TV, radio, meetings with government officials and a Senate committee hearing co-chaired by Senators JV Ejercito and Bam Aquino. Mr. Yap continues to monitor developments and participate in relevant fora to push for the implementation of M.A.P.’s recommendations.

Page 10 of 64 4. VOTER EDUCATION

4.1 As one of its advocacy programs, the M.A.P. released the circular on the “Scorecard for Presidentiables and other Candidates, a Voter Education Project of MAP.”

4.2 M.A.P. members were requested to disseminate the Scorecard for Presidentiables and other candidates to their friends, colleagues, employees, barangays and constituents.

4.3 The Scorecard featured the five (5) “must” roles of a successful Philippine President as follows: (1) Navigator-Strategist, (2) Mobilizer, (3) Servant-Leader, (4) Captivator, and (5) Guardian of the National Wealth and Patrimony.

5. “PiliPinas 2016 Presidential Debates” spearheaded by COMELEC

5.1 The M.A.P. was a partner for the COMELEC-spearheaded “PiliPinas 2016 Presidential Debates.” There were three debates among the presidential candidates and one debate among the vice presidential candidates which were aired from 5:00 PM to 7:00 PM on the following dates:

5.1.1 February 21 “PiliPinas 2016 Presidential Debate in Mindanao” at the Capitol University, Cagayan de Oro - Hosts: GMA 7 and INQUIRER 5.1.2 March 20 (Sunday) “PiliPinas 2016 Presidential Debate in the Visayas” at the University of Philippines –Cebu – Hosts: TV5 and PHILIPPINE STAR 5.1.3 April 10 (Sunday) “PiliPinas 2016 Vice Presidential Debate in Metro Manila” at the University of Sto. Tomas - Hosts: CNN Philippines and BUSINESS MIRROR 5.1.4 April 24 (Sunday) “PiliPinas 2016 Presidential Debate in Luzon” at the PHINMA University of Pangasinan – Hosts: ABS-CBN and MANILA BULLETIN

5.2 The objective of the debates was to enable M.A.P. members and other executives to make wise decisions on who to vote for on 9 May 2016 by providing them a credible, accessible, and affordable platform in which to benchmark presidential and vice presidential candidates.

6. Joint M.A.P. – MBC 2016 Presidential Dialogues

The M.A.P. co-sponsored with the Makati Business Club (MBC) a series of 2016 Presidential Dialogues which featured the following:

6.1 Independent Presidential Candidate MARY GRACE POE LLAMANZARES on March 16

MBC Chair RAMON DEL ROSARIO, Independent Presidential Candidate GRACE POE and M.A.P. President PERRY PE

Page 11 of 64 6.2 Liberal Party Presidential Candidate MANUEL “Mar” ARANETA ROXAS II on March 30

MBC Vice Chair JAIME AUGUSTO ZOBEL DE AYALA, Liberal Party Presidential Candidate MAR ROXAS and M.A.P. President PERRY PE

6.3 PDP-Laban Presidential Candidate RODRIGO “Rody/Digong” ROA DUTERTE on April 27

Presidential Candidate RODRIGO DUTERTE

7. “AMBISYON NATIN 2040” AND LONG-TERM DEVELOPMENT PLAN

7.1 The M.A.P. National Issues Committee Core Group members attended the May 6 Roundtable Discussion with former Socioeconomic Planning Secretary and NEDA Director-General EMMANUEL “Manny” F. ESGUERRA on “AmBisyon Natin 2040” which was organized by M.A.P., MBC and NCC.

7.2 The M.A.P. agreed to work with NEDA for the conversion of the “AmBisyon Natin 2040” into specific goals, and for the Long-Term Development Plan for the Philippines which the country certainly needs and which should be followed by national leaders.

7.3 The “AmBisyon Natin 2040” has the following vision:

“In 2040, we will all enjoy a stable and comfortable lifestyle, secure in the knowledge that we have enough for our daily needs and unexpected expenses, that we can plan and prepare for our own and our children’s futures. Our families live together in a place of our own, yet we have the freedom to go where we desire, protected and enabled by a clean, efficient, and fair government.”

Page 12 of 64 7.4 The Filipino 2040 or AmBisyon Natin 2040 is an evidence-based product of nationwide consultations as well as existing data and targets, such as the Philippine Development Plan, the Millennium Development Goals (MDGs) and Sustainable Development Goals (SDGs). A nationwide survey and consultation had already started with another group doing technical work on various topics, themes that are amenable to policy change like health, education, environment, innovation and other social issues. The plan will be for a period of 25 years since it will take several years and administrations to achieve a “modern nation” by sustaining economic progress that has been achieved in the last three to five years of over 6% average annual growth rate.

8. M.A.P. INPUTS TO THE ECONOMIC AGENDA FOR THE FIRST 100 DAYS OF THE NEW ADMINISTRATION

One of M.A.P.’s priority programs for 2016 was to submit proposals for the Economic Agenda for the First 100 Days of the New President/Administration.

The M.A.P. agreed to request the Duterte Administration to address the following in its first 100 days:

8.1 Certify to Congress as urgent the passage of the following bills:

8.1.1 Traffic Crisis Bill. Issue an Executive Order (EO) to declare that a transportation and traffic crisis exists in Metro Manila and, with the concurrence of Congress, secure emergency powers for the President to address the crisis by mobilizing all government resources and undertaking necessary measures unhampered by appointment, procurement, budgetary and Commission on Audit regulations during its pendency.

8.1.2 Freedom of Information (FOI) Bill. While the Congress finally deliberates on this long-awaited bill, may we suggest in the meantime that an EO be issued to facilitate the implementation of the major elements in the bill.

8.1.3 Amendments to the Anti-Money Laundering Act that will allow the Philippines to fully comply with the requirements of the Financial Action Task Force (FATF)

8.1.4 Amendments to Bank Secrecy Law that will equip the government with enough power to go after criminal elements hiding behind the present law.

8.1.5 Amendments to the Build-operate-and-transfer (BOT) Law that will facilitate the implementation of the long-delayed major Public-Private Partnership (PPP) projects

8.1.6 Amendments to the Constitution to remove the restrictive economic provisions or a bill to call for a Constitutional Convention to amend the Constitution for ratification in a plebiscite to be called not later than May 2019.

8.2 Create a high-level group that will review and make recommendations within 100 days to fast-track the process of implementing and awarding PPP projects, particularly those pertaining to infrastructure, transportation, energy and water.

Page 13 of 64 8.3 Create a high-level working committee that will review and recommend within 100 days on how to make the tax system simpler to administer, fairer to taxpayers and more attractive to investors.

8.4 Issue an EO mandating all concerned agencies to fast-track the development of international airports, particularly those that have already been identified and started earlier, and decide on the location of a new international airport within 100 days.

8.5 Issue an EO requiring all National Government Agencies (NGAs) and Local Government Units (LGUs) to submit within the first 100 days their strategic roadmaps and scorecards that are aligned to your Administration’s 10-point economic agenda and priorities. We understand that there are already more than 50 NGAs and LGUs who have crafted their roadmaps and scorecards and that most of the more than 100 government-owned and controlled corporations (GOCCs) have already formalized theirs. NEDA’s recently- crafted “AmBisyon Natin 2040” is a good guide in long-term development planning across many future Administrations. It is a good one as it is based on aspiration survey conducted among the people to determine what they want for themselves and the country.

8.6 Issue an EO mandating all NGAs and LGUs to review PPP contracts that are tied up in major litigations and/or in the process of arbitration with the objective of resolving these in the soonest time possible. Honoring and upholding the sanctity of valid contracts will go a long way in promoting investments.

8.7 Issue an EO to clean the Philippines. Outside of ridding the country of drug lords and drug pushers, corrupt officials and other criminal elements, we need to clean our surroundings of dirt, debris, garbage and unsightliness. A simple requirement for all households and offices to provide rubbish bins everywhere and penalizing littering will go a long way in cleaning up the country.

8.8 Set a deadline of 12 months within which to implement less-paper transactions and reduced red tape in all government offices, most specially in the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC), and give the DICT (Department of Information and Communications Technology) full authority over all government computerized services to ensure holistic development of a bureaucracy-wide working system.

8.9 Instruct the Department of Transportation to submit within 100 days its proposed short-, medium- and long-term solutions to the traffic and transportation problems of Metro Manila, with EDSA as the priority target.

8.10 Organize a high-level task force - - - composed of National Anti-Poverty Commission (NAPC), Department of Agrarian Reform (DAR), Department of Agriculture (DA), Department of Trade and Industry (DTI) and civil society - - - to deliberate on the issues of poverty, food security and countryside development and to submit its recommendations within 100 days.

8.11 Issue an EO that will establish a National Health Information System within 12 months for better provision and monitoring of basic health services to all citizens, and provide that PhilHealth will cover all costs of medical treatment for those who cannot afford it

Page 14 of 64 8.12 Urge the convening of the Oversight Committee to review and audit the implementation of the Tourism Act of 2009. The Implementing Rules and Regulations (IRR) for the Tourism Infrastructure and Enterprise Zone Authority (TIEZA), which should implement the grant of incentives to tourism investments, should be finalized soonest.

MEMBER BENEFITS

9. ENABLING M.A.P. MEMBERS TO APPLY FOR NBI CLEARANCE DURING M.A.P. GMMs

9.1 As part of its continuing efforts to enhance Member Benefits, the M.A.P. has partnered with the National Bureau of Investigation (NBI) to enable M.A.P. members to get their NBI clearances through an on-site processing.

9.2 Facilitating the release of NBI clearances will certainly help improve the ease of doing business in the Philippines.

9.3 The NBI sent a satellite team to the March 29 M.A.P. GMM to process applications of M.A.P. members for NBI clearance. The NBI clearances were released on the same day for those “WITHOUT HITS”. The clearances of those applicants “WITH HITS” were subjected to verification and released through the M.A.P. Secretariat after one week.

9.4 The M.A.P. will continue inviting the NBI satellite team to the subsequent M.A.P. GMMs.

10. JUNE 7 M.A.P. GOLF CUP FOR CSR 2016

10.1 The M.A.P. Golf Cup for CSR 2016 --- held on June 7 at the Wack Wack Golf and Country Club --- generated an all time-high net income of P1.35 million and all-time high of 133 players.

The Manila Times Executive Editor, President and The First Runners-Up (l-r, those holding trophies): CEO KLINK ANG, M.A.P. S&F Committee Chair EBOT ARSENIC LAUREL, VICENTE HIPOLITO, JOSELITO TORRES, TAN, M.A.P. President PERRY PE and M.A.P. S&F POPOY DEL ROSARIO Committee Vice Chair PENG PEREZ DE TAGLE

Page 15 of 64 The Champions (l-r, those holding trophies): GEOFFREY The Second Runners-Up (l-r, those holding trophies): CABALZA, MICHAEL MIGUEL, RIZALINO PABLO, and JIMMY SANCHEZ, SONNY GO, DANNY FLORES and JORGE MANNY VALDEZ YULO

M.A.P. Executive Director ARNOLD SALVADOR, The Manila Times Executive Editor, President and CEO KLINK M.A.P. Sports & Fellowship Committee Members HELEN ANG, M.A.P. Governor POPOY DEL ROSARIO, M.A.P. MACASAET and RAC CAGURANGAN (emcees) Sports & Fellowship (S&F) Committee Member HELEN MACASAET, and M.A.P. S&F Committee Vice Chair PENG PEREZ DE TAGLE

10.2 The Golf Cup was co-presented by MERALCO and THE MANILA TIMES. The beneficiaries of the Golf Cup were the following:

10.2.1 EMERGE (Educated Marginalized Entrepreneurs Resource GEneration) Program 10.2.2 M.A.P. Book on the 38 “M.A.P. Management Man of the Year” awardees entitled “WINNING Management Lessons Outside the Classroom" 10.2.3 M.A.P. CSR Case Development Program 10.2.4 Children’s Hour 10.2.5 Management Educators Workshop (MEW) – M.A.P.’s Teachers Training Program

10.3 The M.A.P. Golf Cup provides an exciting opportunity for camaraderie and friendly competition among M.A.P. members and the cream of management professionals from the nation’s leading corporations and business organizations. The event also offers participants and sponsors a great opportunity to play a good round of golf and at the same time be able to do their share for CSR.

Page 16 of 64 11. JUNE 21 M.A.P. FELLOWSHIP COCKTAIL - HOSTED BY THE EMPIRE CENTRE FOR REGENERATIVE MEDICINE

11.1 The Fellowship was organized by the M.A.P. S&F Committee and the Membership Committee and was held from 5:30 PM to 7:30 PM at the Baron’s Bar of the Tower Club.

11.2 The topics and speakers were: (1) “Pain Management” by Dr. FRANKLIN “Jojo” DOMINGO (left), Rehabilitation Medical Doctor of the Empire Centre for Regenerative Medicine, and (2) “Sexual Aesthetics” by Dr. JOSEPH LEE (right), also from the Empire Centre for Regenerative Medicine.

12. OCTOBER 26 M.A.P. NETWORKING FELLOWSHIP SPONSORED BY SECURITY BANK

The second M.A.P. Networking Fellowship was sponsored by Security Bank on October 26.

The M.A.P. hold networking opportunities to enable M.A.P. members to get to know and interact with one another. This is one way of promoting camaraderie and providing a venue for networking among M.A.P. members.

(l-r) Mr. CHEMA MARQUEZ (Emcee), Atty. PERRY PE, Ms. JANINE GUTIERREZ, Mr. JOSE SANTOS, Mr. ABET VILLAROSA and Ms. RAC CAGURANGAN

(l-r) Mr. RAUL MARTIN PEDRO, Ms. SHAWN YAO (Moderator) and Mr. NOEL REYES

Page 17 of 64 13. DECEMBER 6 M.A.P. CHRISTMAS PARTY 2016

The December 6 Christmas Party had “ROCK & ROLL” as the theme. Attendees were divided into 4 team colors: Red, Green, Gold and White.

(l-r) Atty. LILIA DE LIMA, MEL SALAZAR, MARISSA DEL MAR, Dance Instructor, Dance Instructor and KUKU LOPEZ.

(l-r) TAMMY LIPANA, ESTER PUNONGBAYAN, CARMIE DDE LEON (Green Team Leader), JHET VAN RUYVEN, CORA CLAUDIO, VICKY AGORRILLA, REZA DADUFALZA-GOYENECHE and DONNA LINA.

(l-r) MARY GAW SO, JANET RODRIGUEZ, JORGE YULO and RENE HUERGAS (White Team Leaders), JAM MACALINO, THAD LIAMZON and EUNEY MATA- THAD LIAMZON PEREZ.

Page 18 of 64 (l-r) EMMA IMPERIAL, MARITES DAGDAG, MYRNA YAO, ANGEL ROSALES, AGNES GERVACIO, KAREN BATUNGBACAL, MAAN HONTIVEROS, NOEMI AZURA and TINA SALMO.

(l-r) CAROL DOMINGUEZ, MARGIE MORAN FLOIRENDO, KAREN BATUNGBACAL, ANGIE FLAMINIANO and NOEMI AZURA.

(right photo) RAC CAGURANGAN (Gold Team Leader) and CAROL DOMINGUEZ The Gold Team emerged as the “Best Team Performance” Awardee and brought home the P50,000 cash prize donated by Atty. Perry Pe.

(l-r) M.A.P. Sports and Fellowship Chair EBOT TAN, M.A.P. President PERRY PE, HELEN P. MACASAET and RAC CAGURANGAN (Co-emcees)

(l-r) EBOT TAN, M.A.P. Vice President MARIFE ZAMORA, PERRY PE, Governor POPOY DEL ROSARIO and Governor EDDIE YAP

Page 19 of 64 The following members were inducted (l-r) Mr. MANUEL JOEY “Joey” TAN ADRIATICO, OIC General Manager of Avon Products Manufacturing, Inc.; Ms. NIKKI TANG, CEO of DMark Corporation; H. E. ROLAND VAN REMOORTELE, Ambassador of Embassy of the Kingdom of Belgium; Mr. FREDERIC PEIGNON, President of Healthway Medical; Ms. MARIA AISA IVYREENE D. OLIVA, Chief Commercial Officer of SOBANS, Inc.; Ms. EMMA IMPERIAL, President and CEO of Imperial Homes, Inc.; Mr. ALEXANDER “Alex” GASMENA, Country Director of Pearson Management Services Philippines, Inc.; Mr. MIGUEL ANTONIO “Miguel” C. GARCIA, President and CEO of Diversified Technology Solutions International, Inc.; Mr. TERENCE N. ACOSTA, CEO of SOBANS, Inc.; Mr. GAVIN D. BARFIELD, Chief Technology Advisor of MERALCO; Mr. SERGIO BOERO, President and Co-Founder of Sunny Sonny Story, Inc.; Mr. HASAN FARD, CEO of Trends & Technologies Holding; Dr. JONATHAN DAVID “Jondi” A. FLAVIER, Executive Director of Philippine Center for Population and Development, Inc.; and Ms. ANNA C. SAY, Owner/General Manager of ACS Realty.

The party featured the “Spirit of ’67.”

14. SEPTEMBER 6 14th M.A.P. INTERNATIONAL CEO CONFERENCE 2016 on “THE EMERGENCE OF THE GLOBAL ASEAN: The Next-Generation Leaders”

14.1 The MA.P. conducted the 14th M.A.P. International CEO Conference on 6 September 2016 at the Rizal Ballroom of the Makati Shangri-La.

Page 20 of 64 14.2 The confirmed speakers and their topics were the following:

14.2.1 Ms. MARITA CHENG (Australia), Founder and CEO of 2Mar Robotics on “Next Generation Leaders: Breaking Boundaries through Technology and Innovation”

Ms. MARITA CHENG and Dr. DONALD LIM (Session Ms. MARITA CHENG Moderator)

14.2.2 Mr. EDWARD CLAYTON (Malaysia), Partner of PwC Malaysia on “The Rise of Global ASEAN through Capability Driven Strategy”

Mr. EDWARD CLAYTON and Mr. JUNIE DEL MUNDO Mr. EDWARD CLAYTON (Session Moderator)

14.2.3 Mr. CHRISTIAN RAZON GONZALEZ (Philippines), Head for Asia Pacific & the Subcontinent of ICTSI (International Container Terminal Services, Inc.) on “Doing Business in a Borderless World”

Atty. DICK DU-BALADAD (Session Moderator) and Mr. CHRISTIAN RAZON GONZALEZ Mr. CHRISTIAN RAZON GONZALEZ Page 21 of 64 14.2.4 Mr. BOB HAYWARD (Singapore), Principal for Management Consulting Asia/Pacific of KPMG on “Digital Disruption: How and Why Technology Innovations are Changing Business Models Globally”

Mr. BOB HAYWARD Mr. CHARLIE VILLASENOR (Session Moderator) and Mr. BOB HAYWARD

14.2.5 Ms. VIVIAN CLAIRE LIEW (Singapore), Founder of Philanthropy Works on “Responsible Business: Sustaining Resilient Communities”

Ms. VIVIAN CLAIRE LIEW and Atty. ALEX CABRERA (Session Moderator) Ms. VIVIAN CLAIRE LIEW

14.2.6 Mr. HENDY SETIONO (Indonesia), President of Baba Rafi Enterprise on “Next Generation Leaders: Realizing the Potentials of the International Markets”

Atty. NOEL BONOAN (Session moderator) and Mr. HENDY SETIONO Mr. HENDY SETIONO Page 22 of 64 14.3 The Conference generated 478 participants (98 members and 380 guests).

14.4 Twenty-five (25) teachers actually attended the Conference who came from the following schools: 14.4.1 Asian Institute of Management (AIM) 14.4.2 Ateneo de Zamboanga University 14.4.3 Centro Escolar University (CEU) 14.4.4 Colegio de San Juan de Letran 14.4.5 Emilio Aguinaldo College (EAC) 14.4.6 Far Eastern University (FEU) – Makati 14.4.7 FEU – Manila 14.4.8 Holy Angel University (HAU) 14.4.9 Lyceum of the Philippines University (LPU) 14.4.10 Manuel L. Quezon University (MLQU) 14.4.11 Our Lady of Fatima University 14.4.12 Pamantasan ng Lungsod ng Maynila (PLM) 14.4.13 Polytechnic University of the Philippines (PUP) 14.4.14 St. Scholastica's College – Manila 14.4.15 University of the East (UE) 14.4.16 University of the Philippines (UP) – Visayas 14.4.17 University of Sto. Tomas (UST) 14.4.18 Zamboanga State College of Marine Sciences and Technology (ZSCMST)

14.5 Sixteen (16) universities and colleges were represented in the Conference. 12 from NCR, 1 from Luzon, 1 from Visayas and 2 from Mindanao.

14.6 There were 2,354 students from the following 9 universities and colleges (8 in the NCR and 1 in Mindanao) who watched the Conference via Live Streaming. 14.6.1 Centro Escolar University (CEU) 14.6.2 Colegio de San Juan de Letran 14.6.3 De La Salle - College of St. Benilde 14.6.4 Emilio Aguinaldo College (EAC) – Cavite 14.6.5 EAC – Manila 14.6.6 Far Eastern University (FEU) – Makati 14.6.7 Far Eastern University (FEU) – Manila 14.6.8 Pamantasan ng Lungsod ng Maynila (PLM) 14.6.9 University of the Philippines Visayas – Iloilo

15. PwC – M.A.P. Survey ON “THE EMERGENCE OF THE GLOBAL ASEAN – THE NEXT GENERATION LEADERS” FOR THE SEPTEMBER 6 M.A.P. INTERNATIONAL CEO CONFERENCE 2016

15.1 The M.A.P. and the PricewaterhouseCoopers (PwC) Philippines/Isla Lipana & Co. conducted a CEO Survey for the September 6 M.A.P. International CEO Conference 2016, which was entitled “The Emergence of the Global ASEAN - The Next Generation Leaders.” The Survey was done via an online questionnaire as well as field interviews.

15.2 The survey was the second of a series of annual CEO Surveys in the Philippines conducted by the M.A.P. Conference’s KNOWLEDGE PARTNER, ISLA LIPANA & CO., a member firm of PricewaterhouseCoopers (PwC), and was expected to highlight the opportunities and challenges faced by young leaders in competing in the global marketplace. Page 23 of 64 15.3 M.A.P. and PwC charted the similarities and differences between how seasoned CEOs think vis-a-vis the young leaders' mind

16. AUGUST 2 “SME BUSINESS CLINIC”

16.1 Co-presented by M.A.P. and the PLDT SME Nation, the “SME Business Clinic” was part of M.A.P.’s efforts to help improve SME competitiveness in the Philippines. This management excellence platform gathered a small group of SMEs who are ready to take their businesses to the next level. It featured success stories of Filipino entrepreneurs, learning sessions on areas critical to SME growth, and one-on-one consultation sessions with government agencies and organizations involved in SME development, trade and investment, and export/ import processes.

16.2 The “SME Business Clinic” had three key themes:

16.2.1 INSPIRE entrepreneurs on the possibilities of bringing their businesses into regional or global platforms;

16.2.2 IMPART knowledge on entrepreneurship through the insights and experiences of those who successfully thrived in the regional/global environment; and

16.2.3 IMPACT businesses by enabling a platform with which to establish network with individuals and companies which could serve as gateways to international market.

16.3 The “SME BUSINESS CLINIC” featured success stories of Filipino entrepreneurs, learning sessions on areas critical to SME growth, and consultations with government agencies and organizations involved in SME development, trade and investment, and export/ import processes.

16.4 The “SME BUSINESS CLINIC” included Roundtable Discussions (RTDs), which served as the lead-in activity prior to the September 6 M.A.P. International CEO Conference 2016. The RTDs focused on encouraging local SMEs in high-growth industries to level up their businesses beyond the local market. The RTDs featured experts and innovators from key business areas, who can provide participants a comprehensive picture of the challenges and opportunities that lie ahead. It will also feature government officials, as well as young Filipino business leaders, making headwinds in the targeted industry. The objective was to help SMEs improve their operations through interactions with key experts and innovators/industry disruptors.

16.5 The topics and speakers included the following:

16.5.1 “From Local to Regional: Expanding my Market Place - Goods and Manufacturing” with Ms. KIM FRANCES Y. LATO, Founder and Owner of Kimstores

Page 24 of 64 16.5.2 “From Local to Regional: Expanding my Market Place - Services” with Ms. MIGUELITA “Milit” S. BARON, President of Manila Catering Corporation

16.5.3 “From Philippines to ASEAN: How Could AEC Help?” with Asec. MA. HELLEN B. DE LA VEGA, Assistant Secretary and Director-General for ASEAN – Philippines National Secretariat of the Office of ASEAN Affairs, Department of Foreign Affairs (DFA)

16.5.4 “Innovative Solutions for SMEs” with Mr. AMIL AZURIN, AVP and Head of Marketing, PLDT SME Nation

(l-r) Ms. MARISSA DEL MAR (Moderator) with Mr. AMIL AZURIN

16.5.5 “Stepping up Businesses through Technology and Innovation” with Mr. JOEY S. LIMJAP, VP and Head – ICT Research & Development of PLDT Innolab

(l-r) Mr. JOEY LIMJAP with Ms. VICKY AGORRILLA (Moderator)

Page 25 of 64 16.5.6 “Digital Marketing for SMEs” with Mr. MORI RODRIGUEZ Managing Director of DiG of EON The Stakeholder Relations Group

(l-r) Mr. MORI RODRIGUEZ with Ms. NINI MONTEMAYOR SANTOS (Moderator)

16.6 The following government agencies participated as consultants:

16.6.1 Bureau of SME Development of the Department of Trade and Industry (DTI) 16.6.2 Department of Science and Technology (DOST) 16.6.3 Development Bank of the Philippines (DBP) 16.6.4 Export Marketing Bureau of DTI 16.6.5 Foreign Trade Service Corps of DTI 16.6.6 Land Bank of the Philippines (LBP) 16.6.7 Philippine Trade Training Center (PTTC) 16.6.8 SB Corporation (Small Business Guarantee and Finance Corporation) 16.6.9 Tariff Commission 16.6.10 Technical Education and Skills Development Authority (TESDA)

17. M.A.P. CEO ACADEMY

The M.A.P. CEO Academy continues to serve as the umbrella brand for all of M.A.P.’s educational activities for the continuing education and sharing of the latest technologies and information on management and leadership among M.A.P. members and other management practitioners.

17.1 March 7 Joint M.A.P. – PCCI Tax Forum 2016

The M.A.P. co-sponsored with PCCI the 7 March 2016 Tax Forum 2016 with the following topics and speakers:

Atty. LUIS JOSE FERRER, Tax Partner, SGV & Co – “Tax Filing Tips and Reminders”

Ms. RHODORA ICARANOM, Assistant Revenue District Officer, RDO-50, BIR – “Latest Revenue Issuances”

Atty. PIERRE MARTIN REYES, Senior Associate, (l-r) Atty. PIERRE MARTIN REYES, Atty. Du-Baladad & Associates – “Latest Court Decisions” LUIS JOSE FERRER, M.A.P. Tax Committee Member TAMMY LIPANA, M.A.P. Tax Committee Chair DICK DU- BALADAD, and Romulo Law’s Atty. CATHY MANAHAN

Page 26 of 64 17.2 April 29 M.A.P. Forum on “Transformation Management Concepts and Other Factors to Consider” with Dr. KARL J. LARSON

Dr. KARL J. LARSON, US-based Renowned Guru in the field of Organizational Development presented the many interesting facets of transformation management, its objectives, its diagnostic areas, its requirements, its key success indicators, among others.

(l-r) Human Resource Innovations and Solutions, Inc. (HURIS) Chair NONONG CONTRERAS, M.A.P. Management Development Committee Vice Chair JESSIE CARPIO and Dr. KARL LARSON

17.3 May 13 AIM – M.A.P. Forum on “IT'S A VUCA WORLD! New Management Approaches”

M.A.P. co-sponsored the 13 May 2016 AIM – M.A.P. Forum on “IT'S A VUCA WORLD! New Management Approaches” with AIM Professor and M.A.P. Member FEDERICO “Poch” M. MACARANAS as presentor. The forum presented new management approaches that fit the 21st century situation faced by individuals, enterprises, organizations, communities and nations.

Prof. MAYO LOPEZ and Mr. POCH MACARANAS

17.4 June 14 M.A.P. Forum on “EXECUTIVE COACHING: Does a CEO really need it?

The M.A.P. conducted the 14 June 2016 forum on “EXECUTIVE COACHING: Does a CEO really need it?” with Mr. BJORN MARTINOFF, President and Global CEO Coach, Fortune 100 Coach.com and author of “Develop Exponential Power.”

The Forum enabled the attendees to understand the pros and cons of having an Executive Coach, particularly its impact on productivity and a company’s bottomline.

M.A.P. Management Development Committee (MDC) Vice Chair JESSIE CARPIO, MDC member NENA ALCUAZ-REYES (emcee), Mr. BJORN MARTINOFF and MDC member GRACE TIONGCO (Q&A moderator)

Page 27 of 64 17.5 July 4 AIM - M.A.P. Forum on “Strategic Management of Intellectual Property Rights” with Mr. DENNIS S. FERNANDEZ

17.6 Aug 24 M.A.P. CSR Committee Forum on “Building An Empowering Company Culture: The Key To Win-Win Sustainable Performance” (Insights from the Science of Positive Organizational Psychology) featured Intentional Work Communities Inc. Founder and CEO RUBEN CHAUMONT. (l-r) M.A.P. CSR Committee Chair EDGARDO AMISTAD, Mr. RUBEN CHAUMONT, M.A.P. CSR Committee Vice Chair BEN TEEHANKEE and M.A.P. CSR Committee Member NENA ALCUAZ- REYES 18. May 25 “Asian Innovation and Entrepreneurship Forum: An ANC Leadership Series”

The ANC (ABS-CBN News Channel) invited MAP members to attend the first Forum of the ANC Leadership Series that aims to bring in global leaders to speak to the Philippine business community,

Themed as the “Asian Innovation and Entrepreneurship Forum: An ANC Leadership Series,” the event was held on 25 May 2016, Thursday, from 2:00 PM to 6:00 PM at the Grand Plaza Ballroom of Hotel Sofitel Philippine Plaza Manila.

The speaker for the first Forum was Sir RICHARD BRANSON, Founder of the Virgin Group, one of the most well-known business magnates in the world, who shared his thoughts on how he navigates the volatile business environment.

19. May 27 Joint M.A.P. – Australian Embassy - MBC – PCCI Breakfast Meeting with South Australian House of Assembly Member MARTIN HAMILTON-SMITH

M.A.P. co-sponsored the 27 May 2016 Joint M.A.P. – AUSTRALIAN EMBASSY - MBC – PCCI Breakfast Meeting with South Australian House of Assembly Member MARTIN HAMILTON-SMITH which was financed by the Australian Embassy.

The presentation focused on the opportunities for closer business and cultural engagement between South Atty. Perry Pe and Minister MARTIN HAMILTON-SMITH Australia and the Philippines. Page 28 of 64 20. May 27 M.A.P. – Canadian Embassy - MBC –PCCI Luncheon Meeting with British Columbia Premier CHRISTY CLARK

M.A.P. co-sponsored the 27 May 2016 M.A.P. – CANADIAN EMBASSY - MBC – PCCI Business Luncheon with British Columbia Premier CHRISTY CLARK which was financed by the Canadian Embassy.

Topic was “Connecting Our Gateway Economies: A New Chapter in the British Columbia – Philippine Relationship.” During the meeting, Premier Clark and the Canadian delegation identified new opportunities for cooperation and collaboration M.A.P. President PERRY PE and between British Columbia and the Philippines. British Columbia Premier CHRISTY CLARK

21. APEC BUSINESS TRAVEL CARD

21.1 The Board initiated one more try to push for M.A.P. to be accredited by the Department of Foreign Affairs (DFA) in endorsing applications for the APEC Business Travel Card (ABTC). In 2010 and 2012, the M.A.P. tried but failed.

21.2 The credit-card-size ABTC gives accredited business people streamlined entry to APEC member economies (Australia, Brunei Darussalam, Canada, Chile, People’s Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Chinese Taipei, Thailand, United States of America, and Vietnam).

21.3 The ABTC provides a simple pre-clearance system that allows business people, through a single application, to obtain a multiple short-term entry to these economies. It addresses the time-consuming need to apply for visas or entry permits and an end to long airport queues on entry.

22. “THE FIT M.A.P.” e-newsletters

Through the Health and Wellness Committee, the M.A.P. released the following “THE FIT M.A.P.” e-newsletters health alerts covering issues that may endanger health and well-being:

22.1 “ZIKA Virus” on 1 Feb 2016

Page 29 of 64 22.2 "HIV / AIDS – What You Need to Know" on 1 Apr 2016

22.3 "HEAT STROKE: Coping with the Summer Heat" on 14 Apr 2016

23. June 23 UBS (Singapore) Forum “Mid-Year Economic Outlook: Exploring the Unknown” – financed by UBS

23.1 The M.A.P. invited Board members, Committee Chairs and new members inducted in 2015 and 2016 to the UBS (Singapore)-sponsored June 23 UBS (Singapore) Forum on “Mid-Year Economic Outlook: Exploring the Unknown.”

23.2 The Forum discussed the key issues which Asian investors should ponder over as the 2nd half of 2016 starts.

23.3 Speakers were UBS AG Managing Director KELVIN TAY and UBS AG Executive Director JODY SANTIAGO.

Page 30 of 64 24. March 17 Women Business Council Philippines Forum on “Calling For A Women’s Vote #WOMENVOTEPH2016”

The M.A.P. promoted the March 17 Forum on “Calling For A Women’s Vote #WOMENVOTEPH2016” which was organized by the Women Business Council Philippines and moderated by Ms. CES OREÑA-DRILON.

Panelists were the following 2016 Senatorial Candidates: Cong. Sherwin Gatchalian, Sec. Francis Pangilinan, Sen. Richard Gordon and Cong. Roman Romulo.

(l-r) Ms. CES ORENA-DRILON, Mr. RAFFY ALUNAN, Cong. SHERWIN GATCHALIAN, Cong. ROMAN ROMULO and Sec. FRANCIS PANGILINAN

25. April 21 Forum on “Why Asia Matters”

The M.A.P. co-sponsored the 21 April 2016 Forum on “Why Asia Matters” with American Political Scientist, with Major Field of Expertise in Strategic Planning at all Organizational Levels Dr. JOHN GEIS which was organized by the Asian Institute of Management (AIM).

Among the topics discussed were China-US relations, Asia’s prospects through 2030, technology developments, changing mindsets to transform security, Dr. JOHN GEIS (left) and and deterrence in an age of surprise, among others. AIM Professor POCH MACARANAS

26. June 17 Shareholders Association of the Philippines (SharePHIL) Summit with the theme “Inter-Generational Evolution of Corporate Values”

26.1 The M.A.P. supported the SharePHIL Summit with the theme “Inter-Generational Evolution of Corporate Values.”

26.2 Guest speakers were Mr. OSCAR LOPEZ and his son, Mr. FEDERICO “Piki” LOPEZ, who shared their insights, experiences and challenges as the baton of management of their group of companies is transferred from one generation to the next.

26.3 Participants were engaged in a very lively and educational afternoon of discussions on how the Lopezes, from generation to generation, have sustained the family through numerous adversities.

Page 31 of 64 27. JUNE 24 TO 26 M.A.P. – FINEX ECO-TOUR TO SORSOGON

The M.A.P. joined FINEX for the M.A.P. - FINEX Eco-Tour to Sorsogon which was held from June 24 to 26.

28. “Conversations with M.A.P. Icons” featuring the “M.A.P. Management Man of the Year” Awardees

28.1 The objectives of the series are to:

28.1.1 Give new M.A.P. members the opportunity to learn, interact and exchange views with the M.A.P. Icons, and hopefully gain some insights from their experience and wise counsel.

28.1.2 Enable the M.A.P. Icons will have the opportunity to also get a glimpse of what the younger members of M.A.P. are thinking about, their concerns, their passion and what drives them.

28.2 The series has featured the following: 28.2.1 Mr. WASH SYCIP on 19 June 2014 28.2.2 Atty. LILIA DE LIMA on 14 August 2014 28.2.3 Mr. RAMON DEL ROSARIO JR. on 9 October 2014 28.2.4 Mr. CESAR E.A. VIRATA on 13 November 2014 28.2.5 Mr. JUAN B. SANTOS on 25 June 2015 28.2.6 Mr. EDGAR O. CHUA on 22 September 2015

Page 32 of 64 28.2.7 MMY 2011 ERRAMON “Montxu” I. ABOITIZ on 3 October 2016

(seated l-r) Mr. EDGARDO AMISTAD, Ms. GRACE TIONGCO (Moderator), Mr. MONTXU ABOITIZ, Mr. ROBERTO DE VERA ROBES, Ms. MARIA SOCORRO GONZAGA and Ms. MA. LOURDES MARGARITA ARUEGO. (standing l-r) Mr. ARNOLD SALVADOR, Mr. REINIER DIZON, Mr. RODRIGO SEGURA, Mr. CARLOS MARIA RUFINO GONZALEZ MENDOZA, Mr. RAUL TAN, Atty. EUNEY MATA PEREZ, Mr. JUAN CARLOS SYQUIA and Atty. EDUARDO PANGAN

28.2.8 MMY 2012 AURELIO “Gigi” R. MONTINOLA III on 26 October 2016

(seated l-r) Ms. MARY ANG, M.A.P. Vice President MARIFE ZAMORA, Mr. GIGI MONTINOLA, Ms. GRACE TIONGCO, Ms. DONNA MAY LINA and Mr. JOSE MIGUEL ALVARO CAMUS. (standing l-r) Ms. MYRA GAVINO, Mr. JERAHMEEL CHEN, Mr. ROBERT YU, MR. AUGUSTO HIDALGO, Dr. ERNESTO ORDONEZ, Mr. ARSENIO BARTOLOME (Session Moderator), Mr. RODRIGO SEGURA, Mr. ROMEO THAD LIAMZON, Ms. ANNA JERMAINE BOMBASI and Mr. ARNOLD SALVADOR

29. “VIEW MAP”

The M.A.P. started its “VIEW MAP” e-library for the M.A.P. You-Tube channel.

The “VIEW MAP” features TV guestings and interviews featuring M.A.P. Board members, Committee Chairs, Vice Chairs and members on their areas of expertise.

Here below is the link to the M.A.P. You-Tube channel:

https://www.youtube.com/playlist?list=PLcAwFhQok250wCw09bEcGrD-Crhgdi6nK

Page 33 of 64 30. June 13 ULI Philippines Forum on “The Future of Transportation” with Mr. GABE KLEIN

M.A.P. members were invited to the 13 June 2016 Forum on “The Future of Transportation” with Mr. GABE KLEIN, former Transportation Commissioner for the City of Chicago and Washington D.C. and author of bestselling book, “Start-Up City: Inspiring Private and Public Entrepreneurship, Getting Projects Done, and Having Fun.” The forum was organized by the Urban Land Institute Philippines.

The forum tackled the latest developments concerning transportation and infrastructure.

31. June 11 “Global Wellness Day”

The M.A.P., through the Health and Wellness Committee, supported the June 11 “Global Wellness Day” with the following manifesto:

Global Wellness Day’s 7 Step Manifesto for an increased awareness of living well:

1) Walk one hour 2) Drink more water 3) Don’t use plastic bottles 4) Eat organic, locally sourced produce 5) Do a good deed 6) Eat a family dinner 7) Go to bed at 10:00 PM

“One day can change your whole life.”

ADVOCACIES

Good Governance

32. Fifth Forum of Arangkada Philippines with the theme “Arangkada Philippines: A Bolder and More Inclusive Decade”

32.1 M.A.P. co-sponsored the March 1 ARANGKADA Forum 2016 which the M.A.P. has been supporting for the past five consecutive years.

32.2 The theme this year was “Arangkada Philippines: A Bolder and More Inclusive Decade.”

32.3 The ARANGKADA is the major advocacy—launched in 2010—of the Joint Foreign Chambers (JFC) to increase investment and employment in the Philippines.

Page 34 of 64 33. AMCHAM’s Policy Brief on Philippine Broadband

33.1 M.A.P. co-sponsored the AMCHAM’s Policy Brief on Philippine Broadband.

33.2 The policy brief was about Philippine broadband service, its real and potential benefits, problems and challenges, and recommendations on how to address them. It is the result of independent research with inputs from a roundtable discussion with key stakeholders.

33.3 The Policy Brief covered some key recommendations, including the following: 33.3.1 adopting an open access model, where segments of the internet infrastructure will be opened up to more and different players, both local and foreign;

33.3.2 updating and upgrading laws and policies, which includes amendments to the Public Telecommunications Policy Act and the enactment of the bill creating a Department of ICT;

33.3.3 leveling the playing field by promoting open and neutral internet exchange points (IXPs) and encouraging infrastructure sharing;

33.3.4 updating the country’s ICT strategy and plan, including the development of a national broadband plan;

33.3.5 improving spectrum management; and

33.3.6 ensuring and protecting the competitiveness of the telecommunications industry.

34. FINEX – FEF - M.A.P Joint Letter on the Board of Accountancy Resolution No, 3-2016 and 2016-28 Requiring the Submission of Certificate by Responsible CPAs on the Compilation Services for the Preparation of Financial Statements and Notes Thereto”

34.1 The M.A.P. co-signed the Joint Letter on the Board of Accountancy Resolution No, 3-2016 and 2016-28 Requiring the Submission of Certificate by Responsible CPAs on the Compilation Services for the Preparation of Financial Statements and Notes Thereto.”

34.2 The signatories stated their strong objections to the Board of Accountancy (BOA) Resolution requiring another layer of certification to accompany the financial statements prepared and filed with regulatory agencies.

34.3 Major concerns raised included the following: 34.3.1 Another detriment to ease of doing business in the Philippines 34.3.2 Effect on Multinationals and ASEAN Accountants Page 35 of 64 34.3.3 The Statement of Management Responsibility for Financial Statements is enough 34.3.4 Added level of accreditation for CPAs 34.3.5 External Auditors tasked to report non-compliance

35. INTEGRITY PLEDGE (IP)

M.A.P. members, particularly the new ones and those who are not signatories yet were invited to sign the Integrity Pledge (IP).

The IP is a formal and concrete expression of commitment by companies to abide by ethical business practices and to support a national campaign against corruption. The pledge should be signed only by CEOs, COOs, Managing Directors, Country Representatives, or other senior company officials to set the “Tone from the Top” and oblige all members of the organization to likewise behave with integrity and carry on their responsibilities ethically.

Beyond being a good corporate citizen and helping in national efforts to escape from the vicious cycle of corruption, companies signing the pledge will enjoy benefits that may initially include:

 "Preferred Supplier" status for participating companies (for private and government contracts); Hotline and Helpdesk to prevent, detect, and respond to corrupt and unethical business practices; Recognition as "Clean or Ethical Companies" by the general public /media /customers /international community; Perks and privileges from participating government agencies (e.g. "Super Green Lanes for BIR/Customs)

Any company or organization, local or foreign, big or small, non-member of any organization may sign the pledge – as long as it commits that it will reform and operate its business ethically and with integrity.

36. HIV/AIDS 101 Workshop, Counselling and Testing for your Employees for FREE

The M.A.P. renewed its partnership with the Pilipinas Shell Foundation (PSF) in offering HIV/AIDS 101 Workshop, Counselling and Testing for employees of member-companies for free HIV Education, Counselling and Testing.

HIV/AIDS is a continuing public health challenge that M.A.P. members cannot afford to ignore. The private sector is facing a formidable task in ensuring that the workforce of the Philippines remain healthy and productive. As industry leaders and drivers, M.A.P. members have a responsibility of equipping industry their people with the correct knowledge not only in preventing and treating HIV/AIDS, but also in ensuring that the workplace remains free of discrimination against those afflicted with the virus.

Page 36 of 64 37. AUG 16 M.A.P. - FINEX CORPORATE GOVERNANCE WORKSHOP 2016

The Corporate Governance Committee conducted the 13th Annual M.A.P. Corporate Governance 2016 Workshop on August 16 with the following topics and speakers:

37.1 “Updates on the Corporate Governance Blueprint and the Revised Corporation Code” with Atty. TERESITA J. HERBOSA, Chair of the Securities and Exchange Commission (SEC)

37.2 “Best Practices and Trends in Corporate Governance” with Mr. REX C. DRILON II, Board Adviser and Trustee of Institute of Corporate Directors (ICD)

37.3 “Lessons in Public Corporate Governance Learned from the GCG Experience” with Atty. CESAR L. VILLANUEVA, Former Chair, Governance Commission for GOCCs (GCG) and Founding Partner, Villanueva Gabionza & Dy

37.4 “Impact of Cybercrime on Corporate Governance and Risk Management” with Chief RONALD P. AGUTO, JR., Chief of Cybercrime Division of the National Bureau of Investigation (NBI)

Page 37 of 64 37.5 “Using Alternative Dispute Resolution (ADR) as a Vital Tool in Corporate Governance” with Atty. LOUIE T. OGSIMER, Partner and Co-Chair of Litigation & Arbitration Department and Head of Arbitration Practice of the Romulo Mabanta Buenaventura Sayoc & de los Angeles

37.6 “Facilitating Cost-Efficient, Speedy, and Effective Arbitrations: The Corporate Director’s Roadmap” with Atty. TEODORO KALAW IV, Partner of Kalaw Sy Vida Selva and Campos Law Firm and Chair of M.A.P. Justice Advocacy Committee

38. JULY 28 M.A.P. GMM ON “FEDERALISM: If it ain’t broke, should we fix it?” WITH HOUSE SPEAKER PANTALEON “Bebot” D. ALVAREZ

At the July 28 GMM, House Speaker ALVAREZ made a presentation on the details of Federalism which is being pushed by the Duterte Administration.

(l-r) Mr. PETER WALLACE (Q&A Moderator), Speaker BEBOT ALVAREZ and Mr. ELFREN CRUZ (Q&A Moderator) AIM Professor POCH MACARANAS

39. JULY 28 FINEX-JRI-M.A.P. BREAKFAST FORUM ON “THE CHALLENGES OF CYBERCRIME AND DIGITAL FORENSICS”

39.1 Main presentors were:

39.1.1 Court of Appeals Associate Justice APOLINARIO D. BRUSELAS JR. on “Judiciary Initiatives on Cybercrime” 39.1.2 Atty. MICHAEL B. OCAMPO on “Judiciary Automation Program”

Page 38 of 64 39.2 The Open Forum Reactors included the following: 39.2.1 Hon. APOLINARIO D. BRUSELAS, JR., Associate Justice, Court of Appeals 39.2.2 Hon. MARIA FILOMENA D. SINGH, Associate Justice Court of Appeals 39.2.3 Hon. ANGELEN MARY W. QUIMPO-SALE, Presiding Judge, Regional Trial Court, Branch 106, Quezon City 39.2.4 Hon. LUISITO G. CORTEZ, Presiding Judge, Regional Trial Court, Branch 85, Quezon City 39.2.5 Atty. CARLOS N. GARAY, Assistant Chief of Office, Management Information Systems Office, Supreme Court 39.2.6 Atty. MICAHEL B. OCAMPO, Court Attorney VI, Office of the Chief Justice

40. AUGUST 23 ECCP – BUSINESSMIRROR DIALOGUE ON FEDERALISM

40.1 The Board accepted the ECCP’s 9 August 2016 invitation for the M.A.P. to be an Event Supporter for the August 23 ECCP – BUSINESSMIRROR Dialogue on FEDERALISM.

40.2 The Keynote Speaker was be House of Representatives Speaker PANTALEON ALVAREZ.

40.3 The Forum discussed the best and bad practices of Federalism, with the aim that there will be better understanding where the Philippines is heading, what timeframe is realistic, and to what extent business will have to adjust.

41. SEPT 26 ACCRALAW - M.A.P. BUSINESS LAW FORUM 2016 ON “SIGNIFICANT LEGAL DEVELOPMENTS AFFECTING BUSINESS”

41.1 For five consecutive years, the M.A.P. co-sponsored this Business Law Forum.

41.2 The five sessions included the following topics and speakers: 41.2.1 “The Executive Agenda for Business of the Office of the President” with 41.2.2 “Latest Developments in Taxation” with 41.2.3 “Compliance with Laws and Regulations: Prescriptions and Best Practices” with 41.2.4 “Recent Developments in the Protection of Data Privacy” with 41.2.5 “Philippine Competition Act” with

42. JRI (JUDICIAL REFORM INITIATIVE)

The M.A.P. continued to support the Judicial Reform Initiative or JRI.

Led by four major business organizations in the Philippines - - - the Financial Executives Institute of the Philippines, the Institute of Corporate Directors, the Makati Business Club, and the M.A.P. - - - the principles and objectives of JRI were first envisioned in September 2012 to push for reforms in the administration of justice and serve as the voice of business in identifying problem areas and solutions in the systems and processes of the judicial and prosecutorial agencies of government.

Page 39 of 64 43. INTEGRITY INITIATIVE, INC. (III)

43.1 Vision and Mission of the III:

43.1.1 VISION: A culture of integrity where both private and public sectors commit to ethical business practices and good corporate governance and work together to achieve a level playing field that benefits both producers and consumers.

43.1.2 MISSION: We will engage in long term strategies and programs to promote common and acceptable integrity standards and practices among ethically conscious and self- regulating organizations that apply the principles of transparency, accountability and collective action.

43.2 The Integrity Pledge signatories’ registry as of March 2016 include the following: Government – 202; ICON (Integrity Consortium) Organizations – 45; Private Companies – 2,362 and Academe – 86.

43.3 The III Board of Trustees is composed of the following:

43.3.1 Mr. RAMON R. DEL ROSARIO, JR. (Chairman), Chair of Makati Business Club (MBC) 43.3.2 Mr. MICHAEL K. RAEUBER, President of European Chamber of Commerce of the Philippines (ECCP) 43.3.3 Mr. FRANCISCO F. DEL ROSARIO, JR. (Vice-Chairman), 2015 President of the M.A.P. 43.3.4 Ms. MARIFE B. ZAMORA (Secretary/Corporate Secretary), 3rd Vice President of the American Chamber of Commerce of the Philippines 43.3.5 Mr. JAIME E. YSMAEL (Treasurer), President of the Financial Executives Institute of the Philippines (FINEX) 43.3.6 Mr. PETER ANGELO V. PERFECTO (Assistant Secretary), Executive Director of MBC 43.3.7 Mr. HENRY J. SCHUMACHER (Assistant Treasurer), Executive Director of ECCP 43.3.8 Mr. SHERISA P. NUESA (Member), Chair of Judicial Reform Initiative 43.3.9 Mr. DAVID L. BALANGUE (Member), Chair of Namfrel and Coalition Against Corruption 43.3.10 Mr. EDILBERTO C. DE JESÚS (Member), Asian Institute of Management Professor Emeritus 43.3.11 Dr. JESUS P. ESTANISLAO (Member), Chair of Institute Corporate Directors

44. Joint FINEX – M.A.P. Position Paper on the Comprehensive Tax Reform Program of the Department of Finance

44.1 The M.A.P. co-signed the September 28 FINEX – M.A.P. Joint Position Paper on the “Comprehensive Tax Reform Program of the Department of Finance” which tackled the following:

44.1.1 Personal Income Tax (a) Income brackets (b) Top rate for individuals (c) Tax on gross income of individuals (d) Tax exemption for MSMEs Page 40 of 64 44.1.2 VAT reforms: 44.1.2.1 Exemptions 44.1.2.2 Compensating measure 44.1.2.3 Senior citizens’ exemption

44.1.3 Corporate income tax 44.1.4 Estate and donor’s tax 44.1.5 Centralize property valuation 44.1.6 Luxury tax 44.1.7 Mining Tax 44.1.8 Fatty food tax 44.1.9 Sweetened drinks 44.1.10 Tax amnesty 44.1.11 Bank deposits secrecy

44.2 M.A.P. and FINEX stressed in the Joint Position Paper that it will all the more be laudable when such significant fiscal improvement will, as evident in policy reform pronouncements reflected in the tax reform package, be achieved against the backdrop of:

44.2.1 equitably distributing the tax burden with progressive tax rates in consonance with the Constitution, levelling the playing field and a tax regime that enhances the international competitive standing of local businesses;

44.2.2 rationalizing exempt income threshold and brackets for individual taxpayers to adjust for inflation, and, similarly, taxes and fees long overtaken or rendered inappropriate by inflation;

44.2.3 rationalizing the regime of fiscal incentives that will be protective of potential state revenues, while still maintaining competitiveness for foreign direct investments relative to other ASEAN peers;

44.2.4 maintaining affordability of low cost housing currently enhanced through fiscal incentives favoring both home buyers and producers, in furtherance of the sound state policy to promote home ownership that will foster a more stable society.

44.2.5 protecting public health while moderating state expenditures for public health care.

44.3 The September 28 Joint transmittal letter of MAP and FINEX to the office of Finance Secretary CARLOS DOMINGUEZ III for the Joint Position Paper was sent on September 29.

Page 41 of 64 45. JOINT LETTER OF PHILIPPINE BUSINESS GROUPS (PDGs) AND JOINT FOREIGN CHAMBERS (JFCs) TO EXECUTIVE SECRETARY SALVADOR C. MEDIALDEA

The M.A.P. co-signed the Joint Letter of PBGs and JFCs to Executive Secretary SALVADOR C. MEDIALDEA which covered the following business and economic legislative reform measures:

45.1 Comprehensive Tax Reform Package 45.2 Constitutional Amendments (foreign equity restrictions) 45.3 Freedom of Information 45.4 National Land Use Act 45.5 Crop Insurance Reform 45.6 AMLA amendments to cover casinos 45.7 Rationalization of Fiscal Incentives 45.8 Telecom reforms 45.9 Apprenticeship Program Reform 45.10 Bank Secrecy Law amendments 45.11 BOT Law amendments 45.12 Corporation Code Amendments 45.13 Water Sector Reform Act 45.14 Emergency powers to address traffic and transportation crises 45.15 Public Service Act amendments 45.16 Agripatent bill

Global Competitiveness

46. March 17 Forum on “The Philippines and TPP (Trans-Pacific Partnership) - Opportunities and Challenges” The M.A.P. participated in the 17 March 2016 Forum on “The Philippines and TPP (Trans-Pacific Partnership) - Opportunities and Challenges” which was sponsored by the United States Chamber of Commerce, together with the United States Agency for International Development’s Trade-Related Assistance for Development Project (USAID – TRADE Project).

The forum discussed the opportunities, challenges, M.A.P. Competitiveness Committee member and implications of the TPP for the Philippine RUY MORENO, M.A.P. President PERRY PE, economy. U.S. Chamber of Commerce Director for Southeast Asia JOHN GOYER, AmCham Executive Director EBB HINCHLIFFE and M.A.P. member JOHN FORBES

47. April 25 Forum on “Accessing Market and Investment Opportunities to Support Inclusive Growth”

The M.A.P. co-presented the April 25 Forum on “Accessing Market and Investment Opportunities to Support Inclusive Growth” --- A Forum on the ASEAN Economic Community (AEC).

The Forum was presented by the Asian Development Bank (ADB), the Department of Trade and Industry (DTI) and M.A.P. in cooperation with the Financial Executives Institute of the Philippines (FINEX) and the Philippine Institute for Development Studies (PIDS). Page 42 of 64 The Forum featured the following speakers and topics:

47.1 ASEC. RAFAELITA ALDABA, Assistant Secretary for the Industry Development Group (IDG) of the DTI - Welcome remarks

47.2 MR. BAMBANG SUSANTONO, Vice President for Knowledge Management and Sustainable Development of the ADB - Keynote Address on the importance of “Accessing Market and Investment Opportunities to Support Inclusive Growth” M.A.P. ASEAN Economic Community (AEC) Committee Chair and ADB Executive Director 47.3 MS. ANNA MAE TUAZON, Senior Officer of the Executive Director for Kazakhstan, Maldives, ASEAN Integration Monitoring Office of the Marshall Islands, Mongolia, Pakistan, ASEAN Secretariat - “Regional Overview of AEC” Philippines and Timor-Leste GOODY HERNANDEZ, DTI, Assistant Secretary for Industry Development Group (IDG) RAFAELITA 47.4 MR. JAYANT MENON, Lead Economist of the ALDABA and ADB VP for Knowledge Office of the Chief Economist of the ADB - “AEC: Management and Sustainable Development Issues and Challenges” BAMBANG SUSANTONO

47.5 Session on “Trade and Investment Promotion in Southeast Asia” with

47.5.1 DATO’ DZULKIFLI MAHMUD, CEO of Malaysia External Trade Development Corporation (MATRADE) 47.5.2 ASEC. MARIA ROSENI M. ALVERO, Assistant Secretary for Foreign Trade Service Corps of the DTI 47.5.3 MR. WITTAWAT LAMSAM, Director of International Cooperation of the Department of the Office of Small and Medium Enterprises Promotion of Thailand Malaysia External Trade Development Corporation (MATRADE) CEO DATO’ DZULKIFLI MAHMUD, DTI Assistant Secretary, Foreign Trade Service Corps MARIA ROSENI M. ALVERO , Office of Small and Medium Enterprises Promotion, Thailand Director of International Cooperation Department WITTAWAT LAMSAM 47.6 MR. GANESHAN WIGNARAJA, Advisor of the Office of the Chief Economist of the ADB - “Role of SMEs in the global/regional value chains”

47.7 MS. ERLINDA M. MEDALLA, Senior Research Fellow of the PIDS - “Factors that help SMEs break into and penetrate overseas markets”

47.8 Panel Discussion on “How SMEs can Access Market and Investment Opportunities Provided by AEC” with Ms. ALMA JIMENEZ, Panel Discussion Moderator Page 43 of 64 The Panelists were:

47.8.1 MR. GANESHAN WIGNARAJA, Advisor, Office of the Chief Economist, ADB 47.8.2 MS. MA. TRINA SUMAYANG, Tubigon Loomweavers Multipurpose Cooperative 47.8.3 MS. JEANNIE JAVELOSA, Co-Founder, Echostore and GREAT WOMEN Platform- Brand M.A.P. Trade, Industry of Tourism Committee Chair ALMA JIMENEZ (Q&A Moderator), Tubigon Loomweavers 47.9 Mr. GAUDENCIO “Goody” S. Multipurpose Cooperative (Bohol, Philippines) MA. TRINA HERNANDEZ, JR, Executive Director SUMAYANG, Echostore and GREAT WOMEN Platform-Brand Co-Founder JEANNIE JAVELOSA, ADB Advisor for Office of for Kazakhstan, Maldives, Marshall the Chief Economist GANESHAN WIGNARAJA and PIDS Senior Islands, Mongolia, Pakistan, Research Fellow ERLINDA MEDALLA Philippines and Timor-Leste of ADB and Chair of the M.A.P. AEC Committee - Closing Remarks

48. “PROJECT REPEAL”

The M.A.P. supported the National Competitiveness Council’s (NCC) “PROJECT REPEAL: The Philippine Red Tape Challenge”, an initiative to clean up regulations and legislation by repealing provisions or rules which are no longer necessary or which may be detrimental to the economy. The overall goal is to reduce the cost of compliance for businesses and entrepreneurs, and the cost of administration and enforcement for the government. The program has been patterned after similar exercises in other countries, such as the United Kingdom, Australia, and South Korea.

M.A.P. members were requested to submit specific laws, rules and regulations which they found to be overly cumbersome, unnecessary, or even detrimental to the economy.

49. ASEAN Business Awards Philippines 2016

M.A.P. continued supporting the ASEAN Business Advisory Council for its ASEAN Business Awards. The award recognizes outstanding local enterprises and allowed them to be the agents for awareness on the ASEAN Economic Community (AEC). It inspired and rallied Filipino businesses to participate and become key players in the broader market in order to strengthen the Philippines’ overall competitiveness in the AEC. Page 44 of 64 50. March 3 Philippine Business and Investment Forum

M.A.P. President Perry Pe represented the M.A.P. in the Philippine Business and Investment Forum or PBIF which was held on March 3 at the Sheraton Hotel Times Square in New York City.

The PBIF provided a venue for exploring the opportunities and challenges in key areas of the booming Philippine economy. Three panels tackled issues focused on the banking sector, the state of public infrastructure, and the strengths of the manufacturing industry.

51. JUNE 23 UBS FORUM ON “MID-YEAR ECONOMIC OUTLOOK: EXPLORING THE UNKNOWN” – HOSTED BY UBS (SINGAPORE)

51.1 The M.A.P. invited the Board members, Committee Chairs and new members inducted in 2015 and 2016 to the June 23 (Thursday) UBS Forum on “Mid-Year Economic Outlook: Exploring the Unknown” which was hosted by UBS (Singapore).

51.2 The forum aimed to equip the participants with the global economic picture, the thinking behind government policy responses, the consequences on investment return expectations and the cross-asset opportunities worth looking at in the second half of 2016, and beyond.

52. NOV. 9 – 10 PASIAWORLD 5TH ANNUAL CONFERENCE

52.1 M.A.P. participated as Supporting Organization of the November 9-10 PASIAWorld 5th Annual Conference on “The Rise of the ASEAN Procurement and Supply Chain for Globalization: Rapid Growth of the Best Practices to Achieve Sustainable Competitiveness.”

52.2 The Conference aims to educate and enhance the knowledge of industry professionals in the supply chain.

53. March 11 Joint Special Testimonial Luncheon for Foreign Affairs Secretary ALBERT F. DEL ROSARIO

The M.A.P. co-sponsored the 11 March 2016 Special Testimonial Luncheon for former Foreign Affairs Secretary ALBERT F. DEL ROSARIO, who served as M.A.P. President in 2007 and was awarded “M.A.P. Management Man of the Year 2014”.

The co-sponsoring organizations were AmCham, Bankers Association of the Philippines, Chamber of Mines of the Philippines, FINEX, MBC and PCCI.

Page 45 of 64 M.A.P. President PERRY PE, Chamber of Mines Philippines President PHILIP ROMUALDEZ, PCCI President GEORGE BARCELON, MBC Chair RAMON DEL ROSARIO, former DFA Secretary ALBERT DEL ROSARIO, FINEX President GEORGE CHUA, AMCHAM President RICK SANTOS, Bankers Association of the Philippines (BAP) Managing Director CESAR VIRTUSIO and MBC Vice Chair JAIME AUGUSTO ZOBEL DE AYALA

54. JULY 29 AMCHAM – MBC – M.A.P. – US-ASEAN Business Council SPECIAL TESTIMONIAL LUNCHEON IN HONOR OF AMB. JOSE L. CUISIA, JR. AND AMB. PHILIP S. GOLDBERG

The American Chamber of Commerce, the Makati Business Club, the US-ASEAN Business Council and M.A.P. hosted a Joint Special Luncheon in honor of Philippine Ambassador to the US, Amb. JOSE L. CUISIA, JR., and US Ambassador to the Philippines, Amb. PHILIP S. GOLDBERG.

M.A.P. President PERRY PE, former MBC Trustee RICARDO ROMULO, Amb. PHILIP GOLDBERG, former DFA Secretary ALBERT DEL ROSARIO, AmCham Executive Director EBB HINCHLIFFE (partly hidden), former MBC Chair RAMON DEL ROSARIO, US-ASEAN Business Council Senior Representative ELIZABTH MAGSAYSAY-CREBASSA, MBC Co-Vice Chair ROBERTO DE OCAMPO and MBC Executive Director, PETER PERFECTO 55. OCTOBER 4 LATHAM & WATKINS CONFERENCE ON “SUSTAINING THE PHILIPPINES’ MOMENTUM: NAVIGATING TRANSITIONS AND FINANCING GROWTH”

The M.A.P. co-sponsored the 3rd Latham & Watkins (L&W) Conference on “Sustaining the Philippines’ Momentum: Navigating Transitions and Financing Growth” at the Shangri-la at The Fort.

Page 46 of 64 56. SEPTEMBER 26 PHILIPPINE CONFERENCE ON RESEARCH IN CSR

The M.A.P. co-sponsored the 6th Philippine Conference on Research in CSR entitled “Teaching CSR” which held on 26 September 2016 at the Club Filipino in San Juan City.

The topics included the following:

56.1 A Review the Past Conferences: Finding a Suitable CSR Theory for the Philippines and ASEAN 56.2 How to Teach CSR: Development of CSR from 1.0, 2.0 to 3.0 56.3 Government’s Current Thinking on CSR Education 56.4 Good Governance and CSR 56.5 Teaching CSR: Experiences from various universities

57. M.A.P.’s TOP ISSUES/RECOMMENDATIONS FOR INCLUSION IN THE 2016 PBG-JFC LETTER TO THE NEW PRESIDENT

As approved at its meeting on 12 May 2016, the Board noted that the following top 5 issues/concerns of the M.A.P. were submitted to the Makati Business Club (MBC) for possible inclusion in the Joint PBG-JFC Letter to President-Elect Rodrigo Duterte: 57.1 STREAMLINING OF GOVERNMENT - abolition of irrelevant GOCCs and government agencies (e.g., NFA) 57.2 FOOD SECURITY – agriculture, credit, market access, CARP 57.3 INCLUSIVE GROWTH - poverty reduction, job creation, tax reform and alternative sources of revenue 57.4 INFRASTRUCTURE AND TRANSPORTATION 57.5 NATIONAL SECURITY – West Philippine Sea

58. WORKING WITH OTHER PHILIPPINE BUSINESS GROUPS (PBGS) AND JOINT FOREIGN CHAMBERS IN PUSHING FOR THE FOLLOWING KEY ISSUES:

58.1 Institutionalizing Integrity and Good Governance 58.2 Achieving Inclusive Growth 58.3 Accelerating Infrastructure Development 58.4 Ensuring Energy Security and Price Competitiveness 58.5 Increasing Foreign Investments 58.6 Addressing Smuggling 58.7 Promoting Anti-Trust and Competition Policy 58.8 Rationalizing Fiscal Incentives 58.9 Retaining the Mining Act, Complemented by Implementing A Competitive Fiscal Regime 58.10 Revisiting the Restrictive Provisions in the Constitution and in Other Laws 58.11 Reforming the Judicial System

59. M.A.P.’S MEMBERSHIP IN THE AAMO

59.1 The M.A.P. continued its membership with the Asian Association of Management Organization (AAMO). M.A.P. became a member of the AAMO in 1989.

59.2 AAMO is a partnership of National Management Organizations (NMOs) in the Asian Region whose purpose is to share and actively leverage resources to enhance the achievement of their respective missions. AAMO is an independent, non-political and Page 47 of 64 not-for-profit Association of NMOs, which promotes, facilitates and supports the development of professional management in the Asia Pacific Region.

59.3 The AAMO members are Australia, Hong Kong, India, Japan, Macau, Malaysia, Mauritius, Nepal, New Zealand, Pakistan, the Philippines, Qatar, Singapore, Sri Lanka and Taiwan.

59.4 The activities of AAMO are aimed at but not limited to establishing and maintaining active links between NMOs, providing a framork for facilitating the widest range of bilateral initiatives and networking across NMOs in the region and beyond. It facilitates sharing of resources, knowledge and regional information in support of today’s interconnected management world and the demand for ready access to up-to-date management information, thinking and views. It organizes and conducts specific (non-competitive) management programs, supported by the NMOs. With its presence, AAMO adds an international dimension to activities and image of NMOs.

59.5 Through its network, AAMO holds a unique place in being able to promote, facilitate and support the development of professional management in the Asia-Pacific Region. Up- skilling Asian managers in trading capability, cultural practices and business opportunities can be a key element of what AAMO can provide stewardship on and implement through AAMO’s member management organizations like the M.A.P.

59.6 The M.A.P. hosted the AAMO 2015 2nd Council Meeting and 4th Annual General Meeting from 7 to 9 October 2015 (Wednesday to Friday) in Makati City.

59.7 The countries/regions represented at the 7-9 October 2015 AAMO Council Meeting were:

59.7.1 Australia - Australian Institute of Management (AIM) 59.7.2 Hong Kong - Hong Kong Management Association (HKMA) 59.7.3 India - All India Management Association (AIMA) 59.7.4 Macau - Macau Management Association (MMA) 59.7.5 Malaysia - Malaysian Institute of Management (MIM) 59.7.6 Nepal - Management Association of Nepal (MAN) 59.7.7 Philippines - Management Association of the Philippines (M.A.P.) 59.7.8 Sri Lanka - Institute of Management of Sri Lanka (IMSL)

60. JAPAN’s “YOUNG LEADERS PROGRAM (YLP) 2017”

The M.A.P. continues to be a Recommending Authority for the Philippines for the “Young Leaders Program (YLP)” of the Japan Ministry of Education, Culture, Sports, Science and Technology and the Japan Information and Culture Center.

The YLP offers promising young business and government leaders from Asian and other countries the opportunity to study in Japan at a Master’s level at Hitotsubashi University Graduate School of International Corporate Strategy.

The primary objectives of the YLP are to:

1. Foster future national leaders in the countries of Asia and other regions 2. Create comprehensive human networks among the leaders of nations 3. Establish friendly relationships among the countries involved, including Japan 4. Improve the quality of policy planning in the participating countries Page 48 of 64 61. SURVEYS

61.1 PWC Survey on Business Resilience

The M.A.P. promoted the PricewaterhouseCoopers (PwC) Survey on Business Resilience to M.A.P. members.

The United Nations Office for Professional Services (UNOPS) has requested PwC to conduct a disaster risk management (and resilience) analysis of SMEs in the following five cities from different regions across the world: San Juan de Lurigancho (Perú); Makati (the Philippines); Kisumu (Kenya); Kathmandu City (Nepal); and Mexico City (Mexico).

The objective was to gather the challenges that businesses face to help drive action to reduce risks, unlock new opportunities and ultimately enhance collaboration on disaster risk management between the private and the public sectors.

61.2 EABC Survey on Optimal Regional FTA Formation

M.A.P. members were invited to participate in the Survey on Optimal Regional FTA Formation in East Asia. The survey was a project of the East Asia Business Council (EABC) where the Philippines is represented by MAP Members Manny Pangilinan and Jay Yuvallos with Ms. Tessie Coson.

62. THE REPORT: THE PHILIPPINES 2016

62.1 The M.A.P. continued its media partnership with the Oxford Business Group (OBG) in developing “The Report: The Philippines 2016.”

62.2 The partnership enabled MAP members to be featured in the OBG Annual Publication on the Philippines and entitled MAP to 100 complimentary copies of the book that could serve as tokens to speakers for MAP events.

62.3 Here below is the link, for a preview of The Report:

http://www.oxfordbusinessgroup.com/philippines-2016

63. M.A.P. - LEADING EDGE MEDIA PARTNERSHIP FOR PRODUCING AN INVESTMENT GUIDE ON THE PHILIPPINES

The M.A.P. partnered with the London-based LEADING EDGE (LE) Guides for producing an Investment Guide on the Philippines.

Like the existing M.A.P. partnership with the Oxford Business Group, the LE Guides would like M.A.P. to:

Page 49 of 64 63.1 Provide assistance for LE Guides by assigning a person within M.A.P. who will help with the research, with identifying key companies across major economic sectors and suggest and help schedule meetings with personalities to speak to.

63.2 Acknowledge LE Guides as a PARTNER in its website and add a link on the M.A.P.´s website to LE Guides website.

63.3 Grant invitations to LE Events Officer to the monthly M.A.P. GMMs.

64. M.A.P. Members Inputs to the IRR of the Philippine Competition Act of 2015

The M.A.P. submitted some members’ inputs for the Implementing Rules and Regulations (IRR) of the R. A. No. 10667, more popularly known as “The Philippine Competition Act of 2015,” a game-changing legislation that aims to create a level playing field for businesses for the ultimate benefit of consumers.

Inclusive and Sustainable Growth

65. Children’s Hour Annual Benefit Lunch 2016: “KINSElebrasyon”

65.1 The M.A.P. participated in the February 11 Children’s Hour Annual Benefit Lunch 2016 dubbed as “KINSElebrasyon.”

65.2 Since 2004, the M.A.P. has been active in providing educational and health needs for the Foundation’s beneficiaries, and the M.A.P. has consistently encouraged its members to support the worthy projects of Children’s Hour.

M.A.P. Vice President MARIFE ZAMORA delivering the Welcome Remarks at the “KINSElebrasyon”

65.3 The M.A.P. has been conducting an annual M.A.P. Golf Cup for CSR to generate funds for Children’s Hour and M.A.P.’s other CSR programs.

65.4 M.A.P.’s participation in the Children’s Hour reaffirms M.A.P.’s continuing involvement in helping address the education and health needs of the youth that would effectively harness their potentials as productive and responsible citizens.

65.5 The M.A.P. contributed P130,000 to Children’s Hour in 2016, with P100,000 coming from the income of the June 7 MAP GOLF CUP for CSR 2016.

Page 50 of 64 66. MOU on K - 12 among DepEd, PBGs and JFCs

The M.A.P. co-signed the MOU on K – 12 among the Department of Education (DepEd), the Philippine Business Groups (PBGs) and the Joint Foreign Chambers (JFCs).

M.A.P. Vice President Marife Zamora represented the M.A.P. in the MOU signing on 16 February 2016 at the DepEd Office in Pasig.

The MOU indicated the following expectations from the M.A.P.:

66.1 Support DepEd in jobs profiling and skills mapping in areas where the members operate;

66.2 Partner with the local DepEd offices or specific schools by providing support and opportunities for work immersion for students, training of teachers, and use of facilities;

66.3 Help, whenever possible, the local DepEd and the schools in addressing resource gaps through donations; and

66.4 Accept for employment, applicants who have completed the new twelve-year Basic Education Program from any private or public school in the Philippines; without prejudice, however, to requiring other appropriate qualifications.

67. M.A.P. Members are encouraged to be Child Road Safety Warriors who care for children's safety on the road

The M.A.P. participated in the Automobile Association of the Philippines (AAP) and Subic Bay Children’s Road Safety Park Project by encouraging M.A.P. members for support through any of the following sponsorships:

67.1 INDIVIDUAL OR FAMILY/GROUP (CAR PLATE): - Donors will be given a personalized car plate which will be displayed at the Park: 67.1.1 Individual Donor (P 1,000.00) 67.1.2 Family/Group Donor (P 5,000.00)

67.2 CALLING POINT SPONSOR Calling Points are mini representations of establishments inside the Park such as gasoline stations, autocare shops, banks and convenience stores, to name a few. Entitlements are calling point area, free use of the park once a year, publicity and promotions and other benefits depending on the size of the calling point.

67.3 Platinum Sponsor (P1.2M) with 25sq.m. calling point area 67.4 Gold (P1M) with 18 sq.m. calling point area 67.5 Silver (P700K) with 12 sq.m. calling point area 67.6 Bronze (P400K) with 9 sq.m. calling point area Page 51 of 64 The Children’s Road Safety Training Park is a miniature community complete with roads, traffic control devices such as traffic signs and pavement markings, public transportation stops, and buildings representing public amenities like the fast food restaurants, banks, supermarkets, libraries and shops.

68. “BUSINESS+” National Survey on Inclusive Business

On 7 October 2016, the M.A.P. co-signed a Memorandum of Understanding (MOU) with the Department of Trade and Industry - Board of Investments (DTI-BOI) and the United Nations Development Programme (UNDP) in partnership with the Philippine Business for Social Progress (PBSP), the Makati Business Club (MBC), the Philippine Chamber of Commerce and Industry (PCCI), and the International Chamber of Commerce Philippines (ICCP) for the conduct of the “BUSINESS+” National Survey on Inclusive Business.

The “BUSINESS+” is also supported by Senator Paolo Benigno “Bam” Aquino IV, the UNDP Istanbul International Center for Private Sector in Development (IICPSD), the Koç University, the Istanbul Kemerburgaz University, and the University of Asia and the Pacific (UA&P).

The research is being applied nationwide to measure Filipino companies’ awareness of and engagement with Inclusive Business approaches. This will help the aforementioned stakeholders identify major areas of policy intervention and foster Inclusive Businesses in Philippines.

69. “2016 NATIONAL TEACHERS’ MONTH”

Department of Education’s (DepEd) NATIONAL TEACHERS MONTH: Held from September 5 to October 5 with the theme, "My Teacher, My Hero". This was in recognition of Filipino teachers and educators and their contribution in nation-building. M.A.P. members were encouraged to support the National Teachers Month advocacy in empowering Filipino teachers and engaging the public in expressions of gratitude and participation in their activities.

The Board approved the M.A.P.’s continuing promotion of NTM among M.A.P. members. This will be the 4th year that the M.A.P. will be promoting the NTM among M.A.P. members.

M.A.P. members were encouraged to do the following during the NTM period from September 5 to October 5:

69.1 Offer discounts and promos for teachers in member establishments or branches

69.2 Disseminate and pray the National Prayer for Teachers as one company at exactly 10:05 AM on 5 October 2016 in offices or during flag-raising ceremonies every Monday from September 5 to October 2

69.3 Put up banners, streamers, countertops announcing support for NTM

69.4 Hold a simple program honoring teachers on 5 October 2016.

Page 52 of 64 70. FARM BUSINESS SCHOOL

70.1 MFI and M.A.P. signed a MOU in August 2012 and jointly committed to develop a new generation of entrepreneurs in the countryside by way of an innovative approach of learning agribusiness through the FBS. The FBS aims to help address rural poverty which persists in the countryside requiring concerted programs of government and private enterprises with common goals of maximizing productivity and creating opportunities for agribusiness enterprises.

70.2 The objectives of the FBS Project are to:

70.2.1 help improve the lives of small farmers by promoting innovative educational programs, especially for their children

70.2.2 help set up livelihood opportunities for agribusiness students, alumni, parents, and immediate communities.

70.3 The concept of the FBS is as follows:

70.3.1 Post-secondary institution

70.3.2 Offers eight- or 12-month Certificate courses

70.3.3 Offers two- or three-year Diploma programs under the Technical Education and Skills Development Authority (TESDA).

70.3.4 Patterned after:

(a) Family Farm Schools (Alternating System) (b) Dual Training System (School-Factory Model) (c) UA&P Bachelor of Science in Entrepreneurial Management (Start-up Ventures)

70.4 FBS is a ladderized program that follows competency-based curriculum design:

70.4.1 1st Year Certificate in Horticulture (National Competency or NC II) 70.4.2 2nd Year Certificate in Animal Production (NC II) 70.4.3 3rd Year Internship (Full-time, four months)

70.5 The courses offered by the FBS are business programs, not agriculture. But imbedded in the curriculum are two TESDA compliant certificate courses in Horticulture NC II and Animal Production NC II.

70.6 The first four Farm Business Schools that have been given franchise by the M.A.P. were as follows:

70.6.1 MFI FBS in Jala-Jala, Rizal 70.6.2 W.B. Dawson FBS in Puerto Princesa City 70.6.3 Catholic Ming Yuan College FBS in Murcia, Negros Occidental 70.6.4 Saniel Integrated Farm Technology and Business School in Mahayag, Zamboanga del Sur

Page 53 of 64 70.7 The M.A.P. signed MOUs in 2015 for the Farm Business School Program of the M.A.P. and the MFI Foundation with the following additional FBS Partners:

70.7.1 ACES Polytechnic College of Panabo City, Davao del Norte

(standing) RENE GAYO, ART ABELLA and ROLLY DY (seated) POPOY DEL ROSARIO, FRANK DE LA PEÑA and JOSE SANDEJAS

70.7.2 Andres Bonifacio College of Dipolog City, Zamboanga del Norte

(standing) LILIA UYCOCO, OSCAR TORRALBA and RENE GAYO (seated) POPOY DEL ROSARIO, JOSE SANDEJAS and SANCHO AMATONG 70.7.3 Foundational Center, Inc. of Tacloban City, Leyte

(standing) RENE GAYO, OSCAR TORRALBA and MARIELLE CORPIN (seated) POPOY DEL ROSARIO, JOSE SANDEJAS and BARTOLOME PASTOR

70.7.4 St. Paul University of Dumaguete City, Negros Oriental

(standing) RENE GAYO and OSCAR TORRALBA (seated) POPOY DEL ROSARIO, JOSE SANDEJAS and NINTHA LUCILLA BALDADO

Page 54 of 64 70.8 A total of 167 students have graduated and 457 were enrolled in 2015. They were enrolled in the Diploma in Farm Business Management or the Diploma in Entrepreneurship (DE). The DE offers specializations in Agricultural Business, Organic Agriculture, Eco-Farm Tourism, and Sustainable Agriculture.

70.9 The M.A.P. contributed P240,000 to Foundation for Peoples Development, Inc. on 18 August 2015 to finance two (2) scholars from August 2015 to Aug. 2016for the FBS in MFI Jala-Jala.

70.10 The cost for the 2-year program amounts to P240,000 per scholar which covers board, lodging, uniform, school supplies, etc.

70.11 A number of partner institutions and individuals have provided scholarships to the students of the FBS, including the following:

70.11.1 MFI Foundation 70.11.2 Development Bank of the Philippines (DBP) 70.11.3 Philex Mining Corporation 70.11.4 Agricultural Training Institute 70.11.5 Foundations for People Development 70.11.6 Congressman Dennis Socrates of Palawan 70.11.7 Congresswoman Josy Limkaichong of Negros Oriental 70.11.8 Senator Panfilo Lacson 70.11.9 Landbank of the Philippines 70.11.10 Local Government Unit of Kauswagan, Lanao del Norte

71. OCT. 19 – 20 AIM – M.A.P. MANAGEMENT EDUCATORS WORKSHOP 2016 IN THE WESTERN VISAYAS (REGION VI)

71.1 The objectives of the Management Educators Workshop (MEW) are to:

71.1.1 bring together management practitioners and teachers so that the latter would know what the employers want of future managers.

71.1.2 help Philippine schools of management improve their school curricula, course syllabi and content and teaching practices as well as teach their students how to respond to the fast changing demands of customers, clients, citizens and stakeholders.

71.1.3 address the following key challenges for modern management:

(a) innovative techniques for teaching management (b) greater practitioner orientation in management education and training (c) involving management practitioners in education

71.1.4 propagate excellence in management education and help prepare the country for the challenges of global competition.

71.1.5 allow AIM to share its main teaching technology, the case method, and its wealth of Asian teaching materials with other management schools.

Page 55 of 64 71.2 The MEW 2016 in Western Visayas (Region VI) was held from October 19 to 20 at the Sarabia Manor Hotel and Convention Center in Iloilo City.

71.3 Speakers and topics included:

71.3.1 “Objectives and Expected Outputs of the MEW” with AIM Professor MARIO ANTONIO “Mayo” G. LOPEZ, Chair and Project Manager for MEW of the M.A.P. Management Development Committee

71.3.2 “Expectations from Graduates for the ICT Industry” with Ms. HELEN P. MACASAET, former Chair of the M.A.P. ICT Committee and Independent Consultant of the Supreme Court of the Philippines

71.3.3 “Expectations from Graduates for the Manufacturing Industry” with Ms. OLIVIA “Olive” LIMPE-AW, President and CEO of Destileria Limtuaco and Company, Inc.

71.3.4 “Making Sense of the VUCA World we live in” with Dr. FEDERICO “Poch” M. MACARANAS, Professor of AIM

71.3.5 “Developments in the Accountancy Profession” with Mr. JESSIE C. CARPIO, Vice Chair of the M.A.P. Management Development Committee and President of the P&A Grant Thornton Outsourcing, Inc.

Page 56 of 64 71.3.6 “Latest Developments in Corporate Governance” with Mr. GREGORIO “Greg” S. NAVARRO, Chair of the M.A.P. Corporate Governance Committee and Managing Partner and CEO of Navarro Amper & Co. / Deloitte Philippines

71.3.7 Workshop 1: "Leadership in the VUCA World" with Dr. MACARANAS

71.3.8 Workshop 2: “Teaching Leadership in the VUCA World” with Dr. NOEL M. CORTEZ, Head (Dean) of the W. SyCip Graduate School of Business, AIM and Prof. MAYO LOPEZ

71.4 The MEW 2016 had 56 attendees representing the following 21 schools:

71.4.1 Aklan Catholic College 71.4.2 Aklan State University 71.4.3 Capiz State University - Main Campus 71.4.4 Carlos Hilado Memorial State College 71.4.5 Colegio de San Agustin – Bacolod 71.4.6 Colegio de San Jose 71.4.7 Collegio de la Purisima - Roxas City 71.4.8 Filamer Christian University - Roxas City 71.4.9 Hercor College – Capiz

Page 57 of 64 71.4.10 Iloilo City Community College 71.4.11 ISAT - U 71.4.12 John B. Lacson Foundation and Maritime University 71.4.13 La Consolacion College – Bacolod 71.4.14 Santa Isabel College of Iloilo City 71.4.15 St. Paul University – Iloilo 71.4.16 St. Therese - MTC Colleges 71.4.17 STI - West Negros University 71.4.18 University of Antique 71.4.19 University of Negros Occidental – Recoletos 71.4.20 University of San Agustin 71.4.21 University of the Philippines - Visayas

71.5 The MEW was launched in 1992 and has been held in the following cities: Cebu, Manila, Davao, Baguio, Cagayan de Oro, Zamboanga and Iloilo.

72. ENABLING TEACHERS TO LEARN FROM M.A.P. SPEAKERS/MEMBERS

The M.A.P. continued inviting at least ten business teachers from the various universities and colleges in the country to interact with M.A.P. members and speakers in every GMM.

It is M.A.P.’s main expectation that the teachers will learn from the insights of M.A.P. members and from the presentations of the speakers in the M.A.P. GMMs.

73. SHOWCASING OF PHILIPPINE-MADE PRODUCTS/SERVICES IN M.A.P. GMM

The M.A.P. also continued inviting companies to set up booths in the monthly GMMs to showcase their Philippine-made products/services that help improve the competitiveness of Philippine business.

PROGRAMS FOR MANAGEMENT EXCELLENCE

74. “M.A.P. MANAGEMENT MAN OF THE YEAR”

74.1 The search for “M.A.P. Management Man of the Year” is one of the M.A.P.’s vehicles in promoting management excellence for nation-building.

74.2 For almost five decades since 1967, the M.A.P. has been conducting an annual search for “M.A.P. Management Man of the Year” to recognize a person of exceptional distinction in the practice of management over a significant period of time.

74.3 The “M.A.P. Management Man of the Year” is a prestigious award that M.A.P. bestows on individuals in the business community or government for attaining unquestioned distinction in the practice of management and for contributing to the country’s progress. The conferment of the award follows a thorough, stringent selection process. The distinction of “M.A.P. Management Man of the Year” has only been conferred 40 times in the five decades history of the award.

Page 58 of 64 74.4 The criteria for the award include integrity, leadership, and management qualities; contribution to nation building and values formation; effective stewardship within the confines of the highest standard of business and management practice; among others.

74.5 The roster of “M.A.P. Management Man of the Year” awardees include: Washington Z. SyCip (1967), Geronimo Z. Velasco (1977), Henry A. Brimo (1978), Jose M. Soriano (1979), Cesar E.A. Virata (1981), Jaime V. Ongpin and Vicente T. Paterno (1982), Dante G. Santos (1983), Cesar A. Buenaventura and Roberto T. Villanueva (1985), Jaime Zobel de Ayala (1987), Ramon V. del Rosario, Sr. (1988), Jose B. Fernandez, Jr. (1989), Raul T. Concepcion (1990), Oscar J. Hilado (1991), Alfonso T. Yuchengco (1992), Juan B. Santos (1994), David M. Consunji and Rizalino S. Navarro (1996), Gabriel C. Singson (1998), Delfin L. Lazaro and Henry Sy, Sr. (1999), Oscar M. Lopez (2000), Tony Tan Caktiong (2002), Jesus P. Tambunting (2003), Rafael B. Buenaventura (2004), Manuel V. Pangilinan (2005), George S. K. Ty and Jaime Augusto Zobel de Ayala (2006), Jose L. Cuisia Jr. (2007), Antonino T. Aquino and Jesus P. Estanislao (2009), Lilia B. de Lima and Ramon R. del Rosario, Jr. (2010), Erramon Aboitiz (2011), Aurelio R. Montinola III (2012), Edgar O. Chua (2013), Albert F. del Rosario (2014) and Amando M. Tetangco, Jr. (2015).

75. Ms. TERESITA “Tessie” SY COSON is “M.A.P. Management Man of the Year 2016”

75.1 The M.A.P. awarded Ms. TERESITA “Tessie” SY COSON of the SM Group of Companies as the 40th recipient of the “M.A.P. Management Man of the Year 2016” award.

75.2 Ms. Coson was chosen for the following:

75.2.1 steering the SM Group’s retail business to greater heights with her over four decades of retail experience;

75.2.2 transforming the SM Group’s property business into one of the largest integrated property developers in Southeast Asia with investments in malls, residences, commercial buildings, leisure and tourism;

75.2.3 her valuable contribution in sustaining the BDO’s position as the leading bank in the Philippines;

75.2.4 her leadership role in the substantial contributions of the SM Group of companies to national development, job creation and income generation through its huge investments in real estate, banking, shopping malls, hotels, convention centers, and gaming;

75.2.5 strengthening the identity of companies under the SM Group as socially responsible corporate citizens through the SM Foundation’s developmental programs on education, livelihood, health and wellness, and the BDO Foundation’s programs in the areas of relief operations, education, shelter and Page 59 of 64 livelihood which have improved the lives of many Filipinos all over the country; and

75.2.6 her contribution to re-shaping national values through her track record of integrity, professional competence, and strong leadership.

76. M.A.P. Book on the 38 “M.A.P. Management Man of the Year” awardees, entitled “WINNING Management Lessons Outside the Classroom"

On 2 June 2016, the M.A.P. launched its new book on the 38 “M.A.P. Management Man of the Year” awardees entitled “WINNING: Management Lessons Outside the Classroom.”

The Book presents inspirational stories on leadership traits and management practices of the awardees that are worth emulating by future leaders and managers.

(l-r) M.A.P. Management Man of the Year (MMY) 1981 Awardee CESAR VIRATA, Anvil Publishing President and National Book Store Managing Director XANDRA RAMOS PADILLA, MMY 2003 CHUCHING TAMBUNTING, MMY 2010 LILIA DE LIMA, MMY 1994 JOHNNY SANTOS, and MMY 2009 TONY AQUINO.

Page 60 of 64 M.A.P. MEMBERSHIP

The total M.A.P. membership has increased from 923 in 2015 to 961 as of 15 November 2016 due to the following changes:

TOTAL MEMBERSHIP, as of January 1 923

New Members inducted from Jan to Dec. 12 113 Reinstatements 14 Resignations (56) Deceased (9)

NET INCREASE 62 ------TOTAL MEMBERSHIP, as of December 12 985

As of December 12, there were at least 85 new members for induction.

FINANCE

1. The M.A.P. will end 2016 with at least P3.0 million (M) in net excess of revenues over expenses.

2. M.A.P.’s total assets increased by P4.1M or 10% from P40.7M in 2015 to P44.8M as of 30 November 2016.

3. As of 30 November 2016, M.A.P.’s cash balances amounted to P34.4M, higher by P3.2M or 10% than last year’s P31.2M.

4. M.A.P. had total money market investments of P28.2M as of 30 November 2016.

5. Three Fund Managers are handling P20M of the P28.2M money market investments as follows:

5.1 BDO – P10M 5.2 BPI – P5M 5.3 Metrobank/FAMI – P5M

6. The Restricted M.A.P. Sustainability Fund has increased from P18M in 2015 to P21M in 2016. The Sustainability Fund can only be used upon the approval of the M.A.P. Board in the future to finance the basic operating expenses of the M.A.P. Secretariat, particularly in times when the Association may be operating in a deficit or when the collected dues are insufficient to finance a particular year’s operating expenses.

Page 61 of 64 Elected M.A.P. Governors for 2017 - 2018

The following have been elected M.A.P. Governors for 2017 – 2018 who will serve concurrently as M.A.P. Research and Development Foundation Trustees for the same period:

1. Mr. ROMEO “Romy” L. BERNARDO, Managing Director, Lazaro Bernardo Tiu & Associates 2. Mr. RAMONCITO “Mon” S. FERNANDEZ, President and CEO, Maynilad Water Services Inc. 3. Dr. DONALD PATRICK LIM, Chief Digital Officer, ABS-CBN Broadcasting Corporation 4. Mr. ALFREDO “Fred” E. PASCUAL, President, University of the Philippines (UP) 5. Mr. PETER WALLACE, Chair, Wallace Business Forum

The five (5) Governors-elect will join our currently serving Governors on the M.A.P. Board for 2017:

1. Atty. EMMANUEL “Noel” P. BONOAN, Vice Chair and COO, KPMG R.G. Manabat & Co. 2. Mr. EDUARDO “Ed” V. FRANCISCO, President and CEO, BDO Capital & Investment Corporation 3. Mr. EDUARDO “Eddie” H. YAP, President, Clairmont Group 4. Ms. MARIFE B. ZAMORA, Chair, Convergys Philippines Services Corporation

M.A.P. Officers for 2017

The following will be the M.A.P. officers for 2017: President : Ms. MARIFE B. ZAMORA Vice President : Mr. EDUARDO “Ed” V. FRANCISCO Treasurer : Mr. RAMONCITO “Mon” S. FERNANDEZ Assistant Treasurer : Atty. EMMANUEL “Noel” P. BONOAN Secretary : Dr. DONALD PATRICK LIM Governor : Mr. ROMEO “Romy” L. BERNARDO Governor : Mr. ALFREDO “Fred” E. PASCUAL Governor : Mr. PETER WALLACE Governor : Mr. EDUARDO “Eddie” H. YAP

Page 62 of 64 THANKS

Thanks to the 2016 M.A.P. Board of Governors, headed by M.A.P. President PERRY PE.

(l-r): M.A.P. Governor AL PANLILIO, Governor POPOY DEL ROSARIO, Assistant Treasurer NOEL BONOAN, Vice President MARIFE ZAMORA, Sec. PAQUITO OCHOA (Inducting Officer), President PERRY PE, Treasurer ED FRANCISCO, Secretary CHIT JUAN, Governor ABET VILLAROSA and Governor EDDIE YAP.

Thanks also to the Chairs and Vice Chairs of the 2016 M.A.P. Committees (see Annex A) for helping implement the M.A.P.’s objective of promoting management excellence for nation- building.

Page 63 of 64 ANNEX A

Page 64 of 64