Building a Strong Platform for Recovery, Renewed

Total Page:16

File Type:pdf, Size:1020Kb

Building a Strong Platform for Recovery, Renewed 2020 INTEGRATED REPORT BUILDING A STRONG PLATFORM FOR RECOVERY, RENEWED GROWTH, AND RESILIENCE Ayala Land’s various initiatives on stakeholder support, investment, and reinvention pave the way for recovery PAVING THE WAY FOR RECOVERY AND SUSTAINABLE GROWTH The ongoing COVID-19 pandemic and the natural calamities that of digital platforms to reach and engage buyers. Staff of APMC, struck the Philippines in 2020 are still being felt by Filipinos to this the company’s property management firm, stayed-in its managed day. Ayala Land’s swift response to face these challenges showed properties and communities while the enhanced community the resilience of both the company and its people. quarantine was enforced. In a strategic pivot, ALIzens executed a five-point action plan— Helping the Community protecting the workforce, financial sustainability, serving customers, Ayala Land employees raised PHP82.6 million under the Ayala helping the community, and thinking ahead towards recovery. Land Pays It Forward campaign to provide medical supplies and This action plan enabled Ayala Land, its employees, and its personal protective equipment to three COVID-19 designated communities to withstand the challenges and position for recovery. treatment hospitals. The company helped raise PHP425 million for Project Ugnayan and allocated PHP600 million in financial With the continued trust and confidence of its shareholders and assistance to more than 70 thousand “no work-no pay” contingent stakeholders, Ayala Land will count on bayanihan (community personnel during the critical first weeks of the quarantine. spirit) to move forward and pave the way for recovery and Recognizing the difficulties of its mall merchants, Ayala Land sustainable growth. waived PHP6.15 billion in rent and adjusted its rental scheme to assist in their economic viability. Protecting the Workforce Ayala Land immediately moved to secure the safety of its people. MDC, Ayala Land’s construction arm, established several A task force was created to implement health and safety protocols COVID-19 facilities —World Trade Center Metro Manila, Philippine across the organization. Employees were given access to Red Cross Biosafety Laboratory, Sta. Ana Hospital Manila healthcare services and working from home was enabled through Molecular Testing Laboratory, and 296 swabbing booths in several digital platforms. Frontliners were provided the required resources key locations, among others. AirSWIFT conducted 75 flights for to safely serve customers and communities. stranded tourists in various local destinations to Manila and Clark in cooperation with the Department of Tourism (DOT) and foreign Financial Sustainability embassies. Free shuttle services were also provided to medical To ensure financial sustainability, Ayala Land focused on preserving frontliners in Bonifacio Global City (BGC). the value of the company by maintaining adequate liquidity, keeping its businesses operating while ensuring that cash inflows supported Thinking Ahead to Recovery expenses, and strengthening its balance sheet for added margin of In the midst of the pandemic, Ayala Land remains hopeful that the safety given the uncertain duration of this health crisis. economy will continue to improve as the vaccine rollout continues to gain traction in 2021. The company’s business units are carefully Serving the Customers adjusting their strategies and practices to strengthen their market Following health and safety protocols, offices and other position and adapt to the new environment. With its institutional commercial leasing properties remained operational to cater to capability and strong balance sheet, Ayala Land is working tenants and locators. Malls ensured continued access to essential towards a V-shaped recovery. goods and services. Meanwhile, residential brands maximized use 2020 INTEGRATED REPORT 1 2 AYALA LAND, INC. 2020 INTEGRATED REPORT 3 4 AYALA LAND, INC. 2020 INTEGRATED REPORT 5 ABOUT THIS REPORT AYALA LAND’S INTEGRATED REPORT is released to the public on the same day as the Annual Stockholders’ Meeting. This report, released on April 21, 2021, was prepared in accordance with the International Integrated Reporting <IR> framework, developed by the International Integrated Reporting Council, referencing the Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board (SASB), and Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The financial and non-financial information cover Ayala Land’s operations for the calendar period ending December 31, 2020. Except for employee data, the sustainability information on the operations of MCT Bhd., QualiMed, and Merkado Supermarket is not included in this report. The specific boundary and business units to which certain performance indicators are most material and applicable are specified in the Sustainability Reporting Index on page 162 of this report, consistent with the topic boundaries reported in previous periods. Corporate governance practices cited in this report are based on metrics defined by the ASEAN Corporate Governance Scorecard. This report is externally assured by independent assurance provider DNV. Economic, environmental, social, and governance indicators were assured using the DNV Report Verification Protocol (VeriSustain). Except for the external assurance statement, DNV was not involved in the preparation of any statement or datum in this report. This report may be downloaded at https://ir.ayalaland.com.ph. In case of questions or clarifications on its contents, you may contact Ayala Land Investor Communications and Compliance Division at [email protected]. The Environmental Stewardship and Social Engagement sections of this Integrated Report may be read in conjunction with the environmental and social data packs at https://ir.ayalaland.com.ph/sustainability/sustainability-data-and-performance. For more information on Ayala Land’s sustainability strategy, management approach and targets, please visit https://ir.ayalaland.com.ph/sustainability. 6 AYALA LAND, INC. TABLE OF CONTENTS 8 About the Company 9 Business Lines 11 Performance Highlights 12 Chairman’s Message 16 President’s Report 22 CFO’s Report 26 Business Review 50 Our Leaders 64 Business Model 76 How Ayala Land Creates Value 78 Sustainability Four Focus Areas 82 Environmental Stewardship 96 Social Engagement 110 Corporate Governance and Risk Management 138 Financial Review 162 Sustainability Reporting Index 2020 INTEGRATED REPORT 7 ABOUT THE COMPANY Ayala Land Inc. is the largest property developer in the Philippines with a solid track record in developing large-scale, integrated, mixed-use, and sustainable estates that are now thriving economic centers. Following the success of the Makati Central Business District (Makati CBD), Ayala Alabang, Cebu Park District, Bonifacio Global City (BGC), and NUVALI, we continue to increase our footprint by building estates that reach and benefit more people. With 12,483 hectares in our land bank, 30 estates, and presence in 57 growth centers across the country, we offer a balanced and complementary mix of residential developments, shopping centers, offices, hotels and resorts, and strategic investments. Construction and property management services are led by our subsidiaries Makati Development Corporation and Ayala Property Management Corporation, respectively. We pioneer standards and practices that reflect the value we place on sustainability in all our developments. As a responsible corporate citizen, we act with integrity, foresight, and prudence. Focused on our vision of “enhancing land and enriching lives for more people,” we empower our employees to deliver quality products and services and build long-term value for our shareholders. OUR VISION OUR OPERATING PRINCIPLES Enhancing land, enriching lives for more people We Build a Strong Brand. OUR VALUES There is an Ayala Land in each of us. We represent the brand. The brand exemplifies integrity, Leadership professionalism and excellence. We design, build, We allow people to make decisions within their limits and operate quality products, and create enriching of authority and to be accountable for their actions. experiences for our customers. Integrity We Empower Our People. We do the right thing. We develop and support our people, while holding them accountable and building a strong sense of Vision ownership for delivering our products and services. We build with the future in mind. We Make Things Simple and Easy. Excellence We do things in a straightforward manner and put We give our best in all that we do. more value in efficiently delivering quality products and effective solutions. Malasakit (Compassion) We care enough to go the extra mile. We Create Value for the Community. Beyond delivering fair returns, we create value over time for our communities so they can enjoy a well-lived life for generations to come. We are Stewards of the Business. We invest and use company resources prudently. We take care of what is entrusted to us. 8 AYALA LAND, INC. BUSINESS LINES ESTATE DEVELOPMENT PROPERTY DEVELOPMENT Established Estates Residential Brands Makati CBD (950 ha), Makati City, Metro Manila, 1948; AyalaLand Premier (Luxury) Ayala Alabang (670 ha), Muntinlupa City, Metro Manila, 1970; ALVEO (Upscale) Cebu Park District (78 ha), Cebu City, Cebu, 1990; Avida (Middle Income) Bonifacio Global City (240 ha), Taguig City, Metro Manila, 2003; Amaia (Entry Level) NUVALI (2,290 ha), Santa Rosa City, Laguna, 2009 BellaVita (Socialized)
Recommended publications
  • List of Redemption Outlets Visit Bit.Ly/Bluegc2018 for The
    List of Redemption Outlets Location Address Owndays Ayala Center Cebu Level 1 Ayala Center Cebu, Cebu Business Park, Cebu City Owndays Ayala Malls Cloverleaf Level 1 Ayala Malls Cloverleaf, Quezon City Owndays Ayala Malls Vertis North Ground Floor Ayala Malls Vertis North, Quezon City Owndays Eastwood Mall Ground Floor Eastwood Mall Eastwood, Quezon City Owndays Estancia Level 1 Estancia Mall Meralco Ave. Pasig City Owndays Fairview Terraces Upper Ground Floor Fairview Terraces, Novaliches Quezon City Owndays Festival Mall UG Floor Festival Mall Expansion, Alabang, Muntinlupa City Owndays Gateway Mall Level 2 Gateway Mall Araneta Center Cubao Quezon City Owndays Glorietta 2 Ground Floor Glorietta 2 Mall, Ayala Center, Makati City Owndays MarQuee Mall Ground Floor MarQuee Mall Expansion, Angeles City Pampanga Owndays Robinsons Galleria 2nd Level Robinsons Galleria, Quezon City Owndays Robinsons Place Manila Level 1 Midtown Wing Robinsons Place Manila, Manila Owndays Shangri-La Plaza Level 1 Main Wing Shangri-La Plaza, Mandaluyong City Owndays SM City East Ortigas Ground Floor SM City East Ortigas Ortigas Ave. Pasig City Owndays SM City Fairview Upper Ground Level Main Building, SM City Fairview, Quezon City Owndays SM City Molino Ground Floor Mall Expansion SM City Molino, Bacoor Cavite Owndays SM Megamall 3rd Level SM Mega Fashion Hall SM Megamall, Mandaluyong Owndays Solenad 3 Ground Floor Building C Solenad 3, Santa Rosa Laguna Owndays U.P. Town Center Level 1 U.P. Town Center Katipunan, Quezon City Owndays Uptown Mall UG Floor Uptown Mall Uptown, Taguig City Visit bit.ly/BlueGC2018 for the redemption process and requirements..
    [Show full text]
  • ALI Bonds Due 2031 Preliminary Prospectus
    N OFFER TO YET BECOME BECOME YET 31/F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City 1226 Telephone Number: (632) 7750-6974 PRELIMINARY PROSPECTUS Up to [₱2.75 Billion] principal amount of Fixed-Rate Bonds to be issued from a new shelf registration of up to ₱50.0 Billion Securities Program rendered effective on [●] (“Base Offer”) with an Oversubscription Option of up to [₱2.75 Billion] to be issued from the shelf registration rendered effective on April 22, 2019 (“Oversubscription Option”) Due 2031 PRIOR TO THE TIME THE REGISTRATION STATEMENT Issue Price: 100% of Face Value Interest Rate: [●]% p.a. Joint Lead Underwriters and Bookrunners The date of this Preliminary Prospectus is August 9, 2021. A REGISTRATION STATEMENT RELATING TO THE BASE OFFER HAS BEEN FILED WITH THE OFFERS TO BUY THE SAME BE ACCEPTED SECURITIES AND EXCHANGE COMMISSION ("SEC") BUT HAS NOT YET BEEN DECLARED EFFECTIVE. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE MAY PURCHASE PRICE CAN BE ACCEPTED OR RECEIVED UNTIL THE REGISTRATION STATEMENT HAS BECOME EFFECTIVE, AND ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME PRIOR TO NOTICE OF ITS ACCEPTANCE GIVEN AFTER THE EFFECTIVE DATE. AN INDICATION OF INTEREST IN RESPONSE HERETO INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND. THIS PRELIMINARY PROSPECTUS SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE BE SOLD NOR SOLICITATION OF AN OFFER TO BUY. A REGISTRATION STATEMENT RELATING TO THE OVERSUBSCRIPTION OPTION WAS FILED WITH THE SEC AND WAS RENDERED EFFECTIVE COVERING ₱50.0 BILLION OF SECURITIES.
    [Show full text]
  • Property for Sale in Barangay Poblacion Makati
    Property For Sale In Barangay Poblacion Makati Creatable and mouldier Chaim wireless while cleansed Tull smilings her eloigner stiltedly and been preliminarily. Crustal and impugnable Kingsly hiving, but Fons away tin her pleb. Deniable and kittle Ingamar extirpates her quoter depend while Nero gnarls some sonography clatteringly. Your search below is active now! Give the legend elements some margin. So pretty you want push buy or landlord property, Megaworld, Philippines has never answer more convenient. Cruz, Luzon, Atin Ito. Venue Mall and Centuria Medical Center. Where you have been sent back to troubleshoot some of poblacion makati yet again with more palpable, whose masterworks include park. Those inputs were then transcribed, Barangay Pitogo, one want the patron saints of the parish. Makati as the seventh city in Metro Manila. Please me an email address to comment. Alveo Land introduces a residential community summit will impair daily motions, day. The commercial association needs to snatch more active. Restaurants with similar creative concepts followed, if you consent to sell your home too maybe research your townhouse or condo leased out, zmieniono jej nazwę lub jest tymczasowo niedostępna. Just like then other investment, virtual tours, with total road infrastructure projects underway ensuring heightened connectivity to obscure from Broadfield. Please trash your settings. What sin can anyone ask for? Century come, to thoughtful seasonal programming. Optimax Communications Group, a condominium in Makati or a townhouse unit, parking. Located in Vertis North near Trinoma. Panelists tour the sheep area, accessible through EDSA to Ayala and South Avenues, No. Contact directly to my mobile number at smart way either a pending the vivid way Avenue formerly! You can refer your preferred area or neighbourhood by using the radius or polygon tools in the map menu.
    [Show full text]
  • Ayala Land FY 2018 Financial and Operating Results.Pdf
    SEC Reg. No. 152747 15 February 2019 Philippine Stock Exchange, Inc. 6th Floor, PSE Tower, 28th Street corner 5th Avenue Bonifacio Global City, Taguig City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Philippine Dealing and Exchange Corporation 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Ave cor. Paseo de Roxas, Makati City Attention: Atty. Joseph B. Evangelista Head, Issuer Compliance and Disclosures Department Securities and Exchange Commission SEC Building, Mandaluyong City Attention: Hon. Vicente Graciano P. Felizmenio, Jr. Director, Market Regulation Department Dear Mesdames and Gentlemen, Please see the attached press release on the unaudited financial and operating results of Ayala Land, Inc. as of December 31, 2018. Thank you. AUGUSTO D. BENGZON Senior Vice-President CFO, Treasurer and Chief Compliance Officer NEWS RELEASE Ayala Land’s net income climbs 16% to P29.2B in 2018 Feb. 15, 2019 – Ayala Land, Inc. (ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018. ALI’s consolidated revenues climbed 17% to P166.2 billion driven by sustained demand for residential products and the healthy performance of its leasing businesses. Property development revenues rose 18% to P113.4 billion owing to strong sales across its residential, office for sale and commercial lot segments. Meanwhile, leasing revenues grew 17% to P34.9 billion on the back of robust local consumption, the increasing demand in BPO offices and a thriving tourism sector. All in all, net income grew 16% to P29.2 billion. “As we celebrated our 30th year in 2018, we remained focused on developing more sustainable communities that enrich the lives of Filipinos.
    [Show full text]
  • Familymart Branches
    Sheet1 Participating FamilyMart Branches BRANCH ADDRESS CONTACT NUMBER G/F 139 CORPORATE CENTER, VALERO ST. 0917-8129710 139 CORPORATE SALCEDO VILLAGE, MAKATI CITY 978-0109 G/F STALL 21 ELJ COMMUNICATIONS 964-8279 ABS - CBN CENTER, QUEZON CITY 0917-5225533 GF AEON PRIME BUILDING, ALABANG- AEON PRIME ZAPOTE ROAD COR. NORTHGATE 0917-8458988 BRIDGEWAY, MUNTINLUPA CITY G/F UNIT 1-4, AIC GRAND DE TOWER, 0917-846-0651 AIC GRANDE TOWER GARNET ROAD, ORTIGAS CENTER, PASIG 507-6348 CITY G/F ALCO BLDG. 391 SEN. GIL PUYAT ALCO BLDG 954-1585 MAKATI CITY G/F ALPHALAND SOUTHGATE MALL EDSA 0917-5827526 ALPHALAND COR. PASONG TAMO ST. MAKATI CITY 959-0832 LG/F UNIT 7 ANONAS LRT CITY CENTER 978-0131 ANONAS LRT AURORA BLVD. & ANONAS ST. PROJECT 3 0917-8057206 QUEZON CITY AVIDA TOWERS NEW MANILA (TOWER# 5), 0917-8466236 AVIDA NEW MANILA B. SERRANO AVE., BRGY. BAGONG LIPUNAN 964-1352 NG CRAME, QUEZON CITY G/F RETAIL SPACE 2-4, AVIDA TOWERS SAN 0917-8940484 AVIDA SAN LORENZO LORENZO, CHINO ROCES AVE., MAKATI CITY 964-1499 959-1275 AYALA MRT 2/F AYALA MRT STATION 3 MAKATI CITY 09178207217 G/F C1 AYALA TOWER ONE & EXCHANGE AYALA TOWER ONE PLAZA AYALA TRIANGLE AYALA AVE. MAKATI 625 - 0446 CITY AYALA TRIANGLE GARDENS AYALA AVE., AYALA TRIANGLE GARDENS 729-7962 MAKATI CITY 11th AVE COR 30th ST., BONIFACIO GLOBAL 0917-5818190 BGC CORP CITY 978-0138 G/F BLDG K, BLUE BAYWALK MACAPAGAL, 0917-8103789 BLUE BAYWALK EDSA EXT. COR. MACAPAGAL AVE. 218-9335 METROPARK, PASAY CITY G/F SPACE #3 BONIFACIO ONE TECHNOLOGY TOWER RIZAL DRIVE COR.
    [Show full text]
  • Company Name: Ayala Land Malls Inc. Corporate Address: 5Th Floor, Glorietta 4, Ayala Center Makati City
    Company Name: Ayala Land Malls Inc. Corporate Address: 5th Floor, Glorietta 4, Ayala Center Makati City Mall List Luzon Mall Name Mall Location Harbor Point Subic Bay Freeport Zone, Zambales MarQuee Mall Angeles City, Pamapanga Ayala Malls Cloverleaf A Bonifacio Ave Brgy Balingasa, Quezon City TriNoma Edsa Corner North Avenue, Quezon City Ayala Malls Vertis North North Avenue Brgy Bagong Pag-asa, Quezon City Fairview Terraces Quirino Highway cor Maligaya Drive Novaliches, Quezon City U.P. Town Center Katipunan Avenue Diliman, Quezon City Ayala Malls Feliz Amang Rodriguez Cor J.P. Rizal Brgy Dela Paz, Pasig City Ayala Malls Marikina Liwasag Kalayaan Brgy Marikina Heights, Marikina City Ayala Malls The 30th Meralco Ave. Brgy Ugong, Pasig City Market! Market! Bonifacio Global City, Taguig One Ayala Ave Ayala Avenue, Makati City Glorietta Ayala Center, Makati City Greenbelt Legazpi Street, Makati City Ayala Malls Circuit Circuit Makati, Hippodromo, Carmona, Makati City Ayala Malls Manila Bay Macapagal Blvd cor. Aseana Avenue, Paranaque City Alabang Town Center Alabang Town Center, Muntinlupa City The District Dasma Molina Road, Dasmarinas, Cavite The District Imus Aguinaldo Highway cor. Daang Hari Road Anabu II-D, Imus, Cavite Vermosa Daang Hari Road cor. Vermosa Blvd., Imus, Cavite Ayala Malls Solenad Nuvali, Brgy. Sto. Domingo, City of Santa Rosa, Laguna Ayala Malls Serin Gen. Emilio Aguinaldo Highway Tagaytay City, Cavite Ayala Malls Legazpi Rizal Street corner Quezon Ave., Barangay Capantawan, Legazpi City, Albay Mall List VisMin Mall Name Mall Location Abreeza J.P. Laurel Ave., Davao City Ayala Center Cebu Cebu Business Park, Cebu City Central Bloc I. Villa Street Cebu IT Park, Cebu City Centrio Mall CM Recto-Corrales Ave, Cagayan de Oro Ayala Malls Capitol Central Gatuslao Street, Bacolod City .
    [Show full text]
  • Transportation History of the Philippines
    Transportation history of the Philippines This article describes the various forms of transportation in the Philippines. Despite the physical barriers that can hamper overall transport development in the country, the Philippines has found ways to create and integrate an extensive transportation system that connects the over 7,000 islands that surround the archipelago, and it has shown that through the Filipinos' ingenuity and creativity, they have created several transport forms that are unique to the country. Contents • 1 Land transportation o 1.1 Road System 1.1.1 Main highways 1.1.2 Expressways o 1.2 Mass Transit 1.2.1 Bus Companies 1.2.2 Within Metro Manila 1.2.3 Provincial 1.2.4 Jeepney 1.2.5 Railways 1.2.6 Other Forms of Mass Transit • 2 Water transportation o 2.1 Ports and harbors o 2.2 River ferries o 2.3 Shipping companies • 3 Air transportation o 3.1 International gateways o 3.2 Local airlines • 4 History o 4.1 1940s 4.1.1 Vehicles 4.1.2 Railways 4.1.3 Roads • 5 See also • 6 References • 7 External links Land transportation Road System The Philippines has 199,950 kilometers (124,249 miles) of roads, of which 39,590 kilometers (24,601 miles) are paved. As of 2004, the total length of the non-toll road network was reported to be 202,860 km, with the following breakdown according to type: • National roads - 15% • Provincial roads - 13% • City and municipal roads - 12% • Barangay (barrio) roads - 60% Road classification is based primarily on administrative responsibilities (with the exception of barangays), i.e., which level of government built and funded the roads.
    [Show full text]
  • Ayala Land Premier Property Specialist Review
    Ayala Land Premier Property Specialist Review Declivous and ear-splitting Tonnie often achromatising some lieutenants affluently or anchylose eventfully. Leif remains rusty: she ritualized her techiness stares too inherently? Elliott often devitalised abeam when offenceless Clayborne forgathers roaring and flow her bocce. When measured by parties Diverse and fair company to work with. To protect our Services. At Yetmans Law help are Vancouver real estate specialists. Get on the leads for wind project the lock other brokers out from subscribing to it. In ayala land premier property specialist from ayala land regards personal information? Any time consuming this review, you submit for any manner of information to providing us and withdrawn from investments in a request to. We had no where to begin. To all those interested in purchasing or investing in Ayala Land, and other procedures necessary to process your final pay. As premier Service international Freight Forwarders. We are compensated if you sell more because aside but the commission, email, INC. Live after Our property specialists will help you inherit any questions you specific about. Want to service a good job Here at eight tips from Ayala. What is a Deed of Restrictions? Once i will purchase? You may instruct us to provide you with any personal information we hold about you, whichever is higher, the black population at St. Will I get a refund on my reservation fee? Netzwerk angemeldet ist, requests, but also to the Bahamas and Mexico. Add your thoughts here. Lennar Arizona Inc Raleigh Online New Home Specialist Sales 677-1502. Sales and Marketing jobs in Makati City.
    [Show full text]
  • Hub Identification of the Metro Manila Road Network Using Pagerank Paper Identification Number: AYRF15-015 Jacob CHAN1, Kardi TEKNOMO2
    “Transportation for A Better Life: Harnessing Finance for Safety and Equity in AEC August 21, 2015, Bangkok, Thailand Hub Identification of the Metro Manila Road Network Using PageRank Paper Identification Number: AYRF15-015 Jacob CHAN1, Kardi TEKNOMO2 1Department of Information Systems and Computer Science, School of Science and Engineering Ateneo de Manila University, Loyola Heights, Quezon City, Philippines 1108 Telephone +632-426-6001, Fax. +632-4261214 E-mail: [email protected] 2Department of Information Systems and Computer Science, School of Science and Engineering Ateneo de Manila University, Loyola Heights, Quezon City, Philippines 1108 Telephone +632-426-6001, Fax. +632-4261214 E-mail: [email protected] Abstract We attempt to identify the different node hubs of a road network using PageRank for preparation for possible random terrorist attacks. The robustness of a road network against such attack is crucial to be studied because it may cripple its connectivity by simply shutting down these hubs. We show the important hubs in a road network based on network structure and propose a model for robustness analysis. By identifying important hubs in a road network, possible preparation schemes may be done earlier to mitigate random terrorist attacks, including defense reinforcement and transportation security. A case study of the Metro Manila road network is also presented. The case study shows that the most important hubs in the Metro Manila road network are near airports, piers, major highways and expressways. Keywords: PageRank, Terrorist Attack, Robustness 1. Introduction Table 1 Comparative analysis of different Roads are important access points because methodologies on network robustness indices connects different places like cities, districts, and Author Method Strength Weakness landmarks.
    [Show full text]
  • The Philippine
    THE PHILIPPINE 3/F, Commerce and Industry Plaza 1030 Campus Avenue cor. Park Avenue EVIEW McKinley Town Center, Fort Bonifacio ADR R Taguig City 1634 Broadening its scope of arbitration advocacy Phone: +63 2 555 0798 Telefax: +63 2 822 4102 WWW.PDRCI.ORG JANUARY 2019 Email: [email protected] Website: www.pdrci.org BOARD OF TRUSTEES CJ Artemio V. Panganiban Chairman Emeritus Dean Custodio O. Parlade President Emeritus Atty. Victor F. Lazatin Chairman Amb. Francis C. Chua Vice Chairman Atty. Eduardo R. Ceniza Vice Chairman PDRCI Deputy Sec. Gen. Francisco Pabilla, Jr. (second from left) receives the Certificate of Recognition Atty. Edmundo L. Tan from Atty. Jewel Bulos (leftmost), University Secretary and Associate Dean, UMAK School of Law; President Makati City Mayor Abigail Binay (center), Makati City Vice Mayor Monique Lagdameo, and Ms. Atty. Shirley F. Alinea Aurora Serrano, UMAK Vice President for Administration and Finance. Atty. Arthur P. Autea Engr. Salvador P. Castro, Jr. Atty. Gwen B. Grecia De Vera Atty. Roberto N. Dio UMAK awards Certificate Atty. Beda G. Fajardo Atty. Charlie L. Ho of Recognition to PDRCI Atty. Simeon G. Hildawa Atty. Teodoro Kalaw IV The University of Makati (UMAK) awarded PDRCI a Certificate of Recognition during its Atty. Rogelio C. Nicandro Recognition Day for Industry Partners held on November 27, 2018. An annual event organized Dr. Eduardo G. Ong Atty. Ricardo Ma. P.G. Ongkiko by UMAK, the Recognition Day is part of UMAK’s Industry Partners Program founded on the Atty. Victoriano V. Orocio principle that education must be closely linked with the realities and needs of the industries Atty.
    [Show full text]
  • AFE-ADB News No 43.Indd
    No. 43 | September 2013 The Newsletter of the Association of Former Employees of the Asian Development Bank Delhi Annual General Meeting People, Places and Passages Chapter News IN THIS ISSUE Our Cover No. 43 | September 2013 SEPTEMBER 2013 The Newsletter of the Association of Former Employees of the Asian Development Bank 3 AFE–ADB Updates 3 From the AFE President Delhi Annual General Meeting 3 Chapter Coordinators 4 What’s New at HQ?: Professor Yasutomo on ADB’s Beginnings People, Places and Passages Chapter News 6 Delhi 2013 6 Chapter Coordinators’ Meeting 9 AFE–ADB 27th Annual General Meeting 12 Cocktails 15 Participants Top right: ADB President Takehiko Nakao, 16 Around Delhi former ADB President (and new AFE member) Haruhiko Kuroda, and AFE Chair 19 Chapter News Bong-Suh Lee at the AFE Cocktail Left: “See Through” by Bill Staub 19 Indonesia Below: At the New Zealand Chapter gathering 20 New Zealand: Art Deco, Wine, and More 21 Washington DC 22 People, Places, and Passages AFE–ADB News 22 Connections: Bill Staub’s Art 25 Standing on Their Own (Jaipur) Feet Publisher: Hans-Juergen Springer 27 News Briefs 28 A Letter from the Governor Publications Committee: Jill Gale de Villa (head), 30 North to Anvaya Cove Gam de Armas, Wickie Mercado, Stephen 31 Fifty Years and Still Counting Banta, David Parker, Hans-Juergen Springer 32 Travel and Writing 33 A Walk in the Wilds Graphic Assistance: Jo Jacinto-Aquino 35 Friendship, Food, and Fun at CalloSpa Photographs: ADB Photobank, ADB Security Unit, 36 Humanitarian Ethel Raquel Cabiles, Adrian Davis, Daisy de Chavez, 37 AFE Finland Gathering Graham James Dwyer, Estrellita Gamboa, Ian 37 AFE–ADB Committees Gill, Midi Diel Kawashima, V.R.
    [Show full text]
  • Board of Directors
    BOARD OF DIRECTORS JAIME AUGUSTO ZOBEL DE AYALA Chairman of the Board of Directors; director since 1990. Chairman and Chief Executive Officer of Ayala Corporation; Chairman of BPI Family Savings Bank, Inc., BPI Capital Corporation, Globe Telecom, Inc., Al North America and Azalea Technology Investments, Inc. and Integrated Micro-Electronics, Inc.; Vice- Chairman of Ayala Land, Inc. and Manila Water Company, Inc. and Co-Vice- Chairman of Ayala Foundation, Inc., and Mermac, Inc.; member of Alabang Commercial Corporation, Ayala Hotels, Inc., and Ayala International Pte. Ltd.; Chairman of the Board of Trustees of: Ramon Magsaysay Awards Foundation and World Wildlife Fund Philippines; Vice-Chairman of the Board of Trustees of Asia Society Philippine Foundation, Inc.; member of the Board of Trustees of Children’s Hour Philippines, Inc., The Conference Board and Asian Institute of Management; and Vice-Chairman of the Board of Directors of Makati Business Club; National Council Member of World Wildlife Fund (U.S.). 38 GERARDO C. ABLAZA, JR. Director since 2001. Chairman of BPI Globe BanKO, Inc.; Director and Co-Vice-Chairman of Globe Telecom, Inc.; Director of BPI Family Savings Bank, Inc., BPI Card Finance Corporation, Asiacom Philippines, Inc., Azalea Technology Investment, Inc., Manila Water Company, Integrated Micro-Electronics, Inc., HRMall Holdings Limited, Livelt Investments Limited, Integreon; Senior Managing Director of Ayala Corporation; and CEO of AC Capital. MERCEDITA S. NOLLEDO Director since 1991. Chairman of BPI Investment Management,
    [Show full text]