Published by the American Chamber of Commerce of the Philippines, Inc. MARCH 2020 VOL 95 NO 03
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MARCH 2020 VOL 95 NO 03 BUSINESSPublished by The American Chamber of Commerce of theJournal Philippines, Inc. www.amchamphilippines.com IT'S WOMEN'S MONTH 4 Contents March 2020 | Vol 95 | No 03 AmCham Foundation News Editorial 48 AmCham Foundation Aids Victims of Taal 20 Bringing PH Public Service into the 21st Eruption Century 53 34th AmCham Foundation ChariTEE Golf Tournament Feature 34 What Counts for Success? AmCham News 50 “Easier to find Rebels than Pangolins”: 19 New AmCham Members Philippine Marines 10 AmCham Corporate and Associate Partners 12 How to be an AmCham Member Partner Organizational Sections 18 Introduce your Boss to the Philippine 06 AmCham Committees - Your MAIN Ally Business Landscape! 08 Officers & Directors 26 Gearing Towards The Digial Age 09 Guidelines for Submission of Articles Information and Communications Technology 14 Chapters & Advocacies Committee 16 Committees 46 AmCham Mindanao Holds GMM and Launching of Associate Partners 18 AmCham Staff 57 New AmCham Initiative - AmCham Center for 60 Members’ Birthdays: February - March Training and Development 62 Index to Advertisers 59 Advertise with AmCham Business Journal 62 AmCham Social Media Accounts 60 Let’s gather over coffee - AmCham Kapihan Upcoming AmCham Events Business of Business (03/26) Be Waste Wise: Innovating to Solve 38 If Men Could Only Understand Women Solid Waste Challenges (03/26) Preparation of Corporate Income Tax Returns Cover Story (03/26) AmCham Visayas General 22 A very MARDIficent Honor Your Staff Day Membership Meeting (03/27) Consumer Privacy and Data Security Company News Training: Data Privacy Act of 2012 30 The Economic Driver of Cebu (03/30-31) Microsoft Excel Tips and Tricks 42 International School Manila Celebrates 100 Training years of Growth! (04/02) AmCham Business Innovation Forum 44 Pfizer Philippines Foundation, Inc. Provides “Disruptors of the Decade” Special Service for Breast Cancer Patients (04/24) Is Your Business Ready?: Business 56 P&G Philippines drives recovery and Continuity Plan Workshop recycling program (04/27) Mandatory Eight-hour Safety and Health (MESH) Training for Safety Contributed Article Officers (SO1) (As required by DOLE) 54 Coronavirus Disease 2019 (COVID-19): What (08/23) 9th AmCham Foundation ScholaRUN it means for your Business - Eat & Run 41 Private Detective Training Course Now Offered to the Public AmCham Philippines | March 2020 5 THIS MONTH'S ISSUE This year marks the 100th anniversary of the United States 19th Amendment which allowed women’s suffrage or their right to vote. The struggle has come a long way since the 1848 Seneca Falls Convention but was finally ratified on August 18, 2020. Women have come a long way since and they are not just household individuals anymore. Their contributions in any field, especially in business, cannot be underestimated. In fact, the 2019 Women in the Workplace report by McKinsey & Company shares that 44 percent of companies have at least three women in their C-Suite executives. The glass ceiling, however, is still there as the same report reveals that only one in five C-suite executives is a woman. Therefore, we honor the women workforce who are planting the seeds of corporate equality and serve as inspiration for future female decision makers. MISSION STATEMENT The Chamber exists to serve the needs and wants of Filipino and U.S. businesses through the participation of members in promoting their long-term objectives, while fostering closer relationships between the two countries and contributing to the civic and economic development of the Philippines EDITOR-IN-CHIEF: Ebb Hinchliffe PUBLICATIONS CONSULTANT/EDITOR: Leslie Ann Murray COMMUNICATIONS MANAGER: Christina Tuguigui ADVERTISING HEAD: Chet Guevara LAYOUT EDITOR: Eya Martinez PHOTOGRAPHER: Roy Fulgado PUBLICATIONS COMMITTEE CO-CHAIRS: Manuel R. Guillermo and Ernie Cecilia PUBLICATIONS COMMITTEE MEMBERS: Atty. Emmanuel T. Santos and J. Albert Gamboa PUBLISHED BY: The American Chamber of Commerce of the Philippines, Inc. MEMBER: Publisher Association of the Philippines, Inc. All rights reserved. AmCham Business Journal is a general business magazine published monthly by The American Chamber of Commerce of the Philippines, Inc., with offi ces at 2nd Floor, Corinthian Plaza, 121 Paseo de Roxas, corner Gamboa St., Legazpi Village, Makati City 1229 (C.P.O. Box 2562, Makati City 1265), Philippines; telephones: (632) 818-7911 to 13; fax (632) 811-3081 / 811-3184; emails: [email protected] / [email protected]; website: www.amchamphilippines.com. Publication Registration No.: ISSN-0116-452X All views expressed in all articles are those of the authors and not of The American Chamber of Commerce of the Philippines, Inc. The American Chamber of Commerce of the Philippines, Inc. accepts no liability for the accuracy of the data or for the editorial views contained in the articles. Publication of unsolicited articles is at the sole discretion of the Publications Committee. To adhere to publication deadlines, the Publications Committee reserves the right to defer for subsequent publication any submission due to matters of space or time constraints. Further, the AmCham Publications Committee reserves the right to refuse any submission due to style or content, or context, which may be in confl ict with AmCham mission. No article or any content thereof may be reproduced in any manner or form without the prior written consent or authorization of The American Chamber of Commerce of the Philippines, Inc. Entered as second-class mail at the Manila Post Offi ce on May 24, 1921 and on December 10, 1945. Re-entered as second-class mail at the Makati Central Post Offi ce on May 07, 1992 and under Permit #534 dated May 24, 1993. 6 | AmCham News 8 | AmCham Officers & Directors The American Chamber of Commerce of the Philippines, Inc. Putting your Business Forward Since 1902 H.E. SUNG Y. KIM U.S. Ambassador of the Philippines Honorary Chairman PETER HAYDEN GEORGE M. DRYSDALE Capital One Philippines Support Services Corp. Marsman Drysdale Group President DONALD R. FELBAUM Optel LTD. BRUCE WINTON ROBERT M. SEARS Marriott Hotel Manila American Historical Collection Foundation, Inc. 1st Vice President Directors, Ex-Officios ROBERTO BATUNGBACAL EBB HINCHLIFFE Dow Chemical AmCham Philippines 2nd Vice President Executive Director PHILIP SOLIVEN ATTY. AILEEN TOLOSA-LERMA Cargill Philippines, Inc. Romulo Mabanta Buenaventura Sayoc de los Angeles Treasurer Law Office Corporate Secretary JOSE VICTOR EMMANUEL DE DIOS General Electric Philippines RALPH REUBEN MORALES Texas Instruments Philippines Inc. MARK LWIN President, AmCham North Luzon Chapter AIG Phils. Insurance, Inc. FRANK THIEL Quezon Power BRIAN CONNELLY Marco Polo Plaza Cebu ANDREAS RIEDEL President, AmCham Visayas Chapter Pfizer, Inc. ARIEL LACSAMANA CHRISTOPHER WICHLAN 3M Philippines Dusit Thani Hotels & Resorts BELINDA RACELA President, AmCham Mindanao Chapter Chevron Malampaya LLC WINN EVERHART MARDIE C. TORRES Coca-Cola Far East LTD. AmCham Foundation Directors Acting Executive Director 2nd Floor, Corinthian Plaza Building, 121 Paseo de Roxas corner Gamboa Street Legazpi Village, Makati City 1229 Tels.: (632) 8818 7911 to 13 • Fax: (632) 8811 3081 Email: [email protected] • Website: www.amchamphilippines.com AmCham Philippines | March 2020 9 10 | AmCham News AMCHAM CORPORATE & ASSOCIATE PARTNERS AmCham Philippines has been the longest-serving and most vibrant American Chamber in Asia. Recognized as the voice of business since 1902. The AmCham Corporate and Associate Partnership offers companies year- round benefits, including expanded access to AmCham core membership resources for an enhanced leadership status within the community, as well as greater intelligence, access, influence, and exposure. CORPORATE PARTNERS ASSOCIATE PARTNERS For more information, please contact AmCham’s Corporate Partnership Consultant. Email: [email protected] / Tel: (+632) 8818 7911 loc. 218 12 | AmCham News Regular Firm Membership Associate Individual Membership *A – Php 57,800 | B – Php 47,300 Php 34,700 (*+Php 12, 500 one time registration fee) (*+Php 7, 500 one time registration fee) This membership is available to corporations, partnerships, This membership is available to individuals residing in the Philippines proprietorships, and other business organizations and enterprises that who are non-American citizens and who are not eligible for any other are registered and qualified to do business in the Philippines, with 30% membership classifications. or more of the ownership held by American citizens and/or corporations. In a partnership, the American partner/s must have a share of interest of 30% or more. In the case of nonstock corporations and un- incorporated associations, at least 30% of the voting members must Non-Profit and Government Membership be Americans. Php 23,400 In this classification, the firm shall be represented by an accredited (*+Php 6, 250 one time registration fee) individual who must rank as a senior executive but may not be necessarily This membership is available to: non-profit, charitable, civic, educational, be an American citizen. religious and eleemosynary organizations, associations and institutions in the Philippines. Under this classification, an individual accredited by the organization shall serve as a representative. Employees of the U.S. Regular Individual Membership Federal Government can also avail of this membership category. Php 34,700 (*+Php 7, 500 one time registration fee) This membership is available