The Studio XP Adventure Begins
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AUGUST 2018 www.lopezlink.ph ArteFino Fair 2018 presents the Filipino’s finest. http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph See story on page 5. The Studio XP adventure begins IT’S a rainy Friday afternoon; about a dozen customers, mostly teens and twentysomethings, are in line at ABS-CBN Studio Experience in TriNoma Mall in Quezon City, buzzing over the treat they are about to experience. Finally, a black-shirted attendant steps up. It’s time to go inside Studio XP. Turn to page 6 Corporate Lopez Group What to eat governance @Santolan Town …pagesows 9 seeds of hope achievers…page 2 Plaza…page 12 Lopezlink August 2018 Biz News Lopezlink August 2018 SKYBIZ supports MSMEs in At the Lopez Group midyear review ICD recognizes Cebu with digital solutions FocusBy Carla Paras-Sison on deliverables LOPEZ Group chairman plans and execute with passion “Better recurring earnings Juan, which is now in full steam. CGBy Carla Paras-Sison achievers Manuel M. Lopez (MML) said and whenever possible, with from the power group will im- And we just delivered RBC Lopez Group companies must perfection.” prove our expected income all Sheridan to hopefully, very satis- ENERGY Development national legislative requirements. continue to focus on delivering The stock market in July re- the way to the ultimate parent, fied tenants, and more than 90% Corporation, First Gen Cor- Its rigorous methodology as- customer value despite the sub- visited lows from 2016. In the which is Lopez Inc. Because of the units there have now been poration and Lopez Hold- sesses the corporate governance stantial drop in share prices in same period, ABS-CBN Cor- Lopez Holdings is now debt- taken.” ings Corporation were among performance of PLCs in six the stock market. poration and Lopez Holdings free, any dividends we receive, Finally, MML commended 42 publicly listed companies participating ASEAN member Speaking to top executives Corporation share prices fell less operating expenses, can flow ABS-CBN Corporation for (PLCs) recognized by the In- countries and provides foreign and senior officers at the mid- to levels last seen in 2009 and freely to the public and other “doing admirably well despite stitute of Corporate Directors investors and external fund year performance review on 2010, respectively. shareholders,” MML said. all the constraints and negativ- Lopez Group chairman Manuel M. FPH chairman Federico R. Lopez (ICD) for scoring 80 and higher managers comparable informa- July 27, MML said: “The stock While expressing concern He also mentioned several ity that is being hurled its way.” Lopez in the latest assessment against tion to assist in their investment market will be the stock mar- over the effect of the peso’s projects Rockwell Land Corpo- Its prime time show “FPJ’s Ang the ASEAN Corporate Gover- decision-making process. The SKYBIZ Business Unit head Roderick Liwanag, SKYBIZ MSME Marketing head Ryan Faustino, SKY Cable Corp. Cebu ket. It is for secondary trading depreciation on the Group’s ration is working on en route to Probinsyano” is entering its third to describe things that get better estate, and the robustness of our nance Scorecard (ACGS). first ACGS Awards Ceremony GM Kino Sarabossing, Regional Network Operations head Roni Pacio, Regional Network Engineering head Eric of shares. The important thing consolidated debt, MML, what is expected to be another year delighting audiences. He from chaos, disorder, uncertain- infrastructure. These have enor- ICD chief executive officer was held in 2015. Palmares and SKY head office and Cebu employees with the guest speakers at the maiden leg of the “Growth Series” is we keep doing our job to nonetheless, said the recurring record-setting performance. said ABS-CBN’s singular focus ty, stressors or harm. mous implications for all our Alfredo Pascual said the ap- Keynoting the event, Secu- PHOTO BY: AMIE AMADO enhance the value of our com- earnings of First Gen Corpora- “There’s the Aruga Hotel on its customers, primarily its FRL said it would be better businesses and require all of us preciation ceremony on July 31 rities and Exchange Commis- SKYBIZ recently launched its with the entrepreneurs who SKYBIZ products for SMEs panies, to create wealth in a tion and Energy Development here at (Rockwell) Center, that viewers and the subscribers of to build antifragile organizations thinking through what it will was held to “recognize efforts sion chairman Emilio Aquino among only seven recognized “Growth Series,” a road show attended the event, including are designed to help them en- sustainable manner, and to pro- Corporation (EDC) are more will be ready next year. There’s SKYcable and SKYbroadband, instead of resilient ones, which take for us to survive and thrive of PLCs which took concrete called on PLCs represented out of 37 PLCs in the holding that aims to help small and me- digital marketing guru Fleire sure productivity and capitalize actively manage the risks that stable this year. Meralco signed the beachfront development have benefited the company. means being able to bounce back in a warmer, scarcer and more steps to improve their organi- to “inspire other companies to firms sector. dium-scale entrepreneurs ad- Castro and DTI Region VII on digital technology, with the affect our businesses. I know a power supply agreement for in Mactan, Cebu, which will This focus has kept ABS-CBN to their original state, or robust open world. Succeeding in this zation’s governance practice, as adopt corporate governance Among those who represent- dress their marketing needs via provincial director Ma. Elena provision of cable television to that if we do our work well, the the purchase of the output of ground-break next month or so. in touch and connected with its ones, which means being able to respect can open up enormous measured by the ACGS.” best practices to impact stake- ed the Lopez Group at the rec- digital solutions. Arbon who shared the benefits enrich customer experience. investing public will eventually the San Gabriel natural gas- The Vantage in Kapitolyo, Pasig customers and has allowed it to resist damage up to a point. opportunities for us,” FRL said. Launched in 2011, the ACGS holders and society as a whole.” ognition ceremony were Francis “Digitization has become a of digital marketing for entre- These include business-grade realize how they have grossly fired power plant and EDC has is on schedule. There is still this deliver on its commitment to He said this in the context of At the same time, FRL said was developed by the Asian De- ICD founder and chairman Giles Puno, president and chief significant battleground for en- preneurs and laid out the road fiber broadband connections misjudged our performance. recovered from plant outages commercial joint venture called bring them the best of Philip- having to do business in a “se- many companies in the Lopez velopment Bank in partnership emeritus Jesus Estanislao led operating officer of First Gen; trepreneurs because it helps them map for opportunities that en- that may be bundled with other But until then, we just have to caused separately by an earth- Santolan Town Plaza, at the pine news and entertainment. verely broken” world. FRL cited Group still need to define their with the ASEAN Capital Mar- the toast, acknowledging the Atty. Maria Amina Amado, reach their markets in a less costly trepreneurs in the region can data and content services like stay focused on our strategic quake and a typhoon in 2017. White Cross property in San Creating ‘antifragile’ or- the increasing frequency of ex- distinctive capabilities, similar to kets Forum. It is a tool for assess- top performing PLCs in the vice president-Legal and Com- manner given the guidance of ex- take advantage of, respectively. BIZTV HD powered by SKY- ganizations treme weather events—flooding, how Amazon was able to build ing governance practices based Philippines. pliance Officer of Lopez Hold- perts,” Roderick Liwanag, SKY- Sharing their experiences cable, and BIZTV Direct pow- In the same meeting, First heat waves, droughts, Category five key capabilities to succeed on publicly available informa- EDC and First Gen made it ings; and Atty. Maria Jasmine BIZ Business head, said. as entrepreneurs in a panel ered by SKYdirect. Philippine Holdings Corpora- 4 and 5 storms and wildfires as a “super aggregator of cus- tion. It is benchmarked against to the top five out of 62 Phil- Medina-Almogino, manager of In the series’ first leg, SKY- discussion were Virgilio Es- For SMEs, it offers the BI- ABS-CBN enjoys double-digit tion chairman and chief execu- among them—as observed and tomers and sellers.” international best practices that ippine PLCs in the industrial the Corporate Governance of- BIZ brought in trade industry peleta, Famcor consultant and Zbroadband Connect plan, tive Federico R. Lopez (FRL) recorded by scientists from such “In many ways our various encourage PLCs to go beyond sector. Lopez Holdings was fice of EDC. experts to share their expertise VP-Business Development & which includes business-grade lead in nat’l TV ratings told executives about keeping institutions as the Massachu- companies have done well over Management Services at the broadband with no data caps, By Kane Choa tabs on areas where the Lopez setts Institute of Technology, the years, but gone are the days Cebu Chamber of Commerce 24/7 technical support, static IP Group may be fragile and how the National Oceanic and At- of high double-digit returns. and Industry; Alice Sim-Uy, and domain registration for one MORE Filipinos nationwide with 51% compared to GMA’s and “Rated K” (20.4%). to create organizations and peo- mospheric Administration, and Many of our businesses are Comptrollers’ Circle members president of Jace Value Plus year.