“MAPping the Future” Column in the INQUIRER
Volume 5 Issue No. 04 map.org.ph January 29, 2019 “MAPping the Future” Column in the INQUIRER
“The Poverty Challenge of Bangsamoro” January 28, 2019
ROLANDO T. DY The Bangsamoro Organic Law or BOL (Republic Act No. 11054) was signed by President Duterte on July 23, 2018. The new law provides for the creation of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) or simply the Bangsamoro Autonomous Region. It covers the provinces of Basilan, Lanao del Sur, Maguindanao, Sulu, and Tawi-Tawi, the same provinces as ARMM.
When fully operational in 2022, BARMM residents will elect an 80-member parliament. The members of the parliament will then elect a Chief Minister and two Deputy Chief Ministers among themselves. The Chief Minister shall also appoint members of his Cabinet. The Shari'ah courts will have jurisdiction over cases exclusively involving Muslims in the region. But since the election will only happen in May 2022, all will be appointed next year (once the BOL is ratified) by the President and their term will last till May 2022. This period is referred to as the “transition period” from ARMM to BARMM.
Will the BOL usher the start of broad-based poverty reduction in the region?
This is a key strategic question as high poverty hounds the region. In 2015, of the 3.7 million people, 2.0 million people (53.7 percent) were poor. In contrast, its neighbors, Soccsksargen and Zamboanga Peninsula have 37.3 percent and 33.9 percent, respectively, compared to the national average (excluding NCR) of 25.4 percent.
Meanwhile, the Davao region reduced its poverty incidence to 22 percent in 2015 from 30.6 percent in 2006.
Over the past 25 years, only ARMM posted rising poverty incidence as compared to all the geographic regions. ARMM’s poor population rose to 1.99 million in 2015 from 0.63 million in 1991, a three-fold increase. By comparison, Soccsksargen’s rose by 1.4x to 1.72
1 million from 1.2 million; and Zamboanga’s 1.4x to 1.27 million from 0.91 million. The national figure outside NCR barely increased.
Poverty incidence (% of total population) 1991 2006 2009 2012 2015
ARMM 30.5 47.1 47.4 55.8 53.7
Socssksargen 53.3 39.7 38.3 44.7 37.3
Zamboanga Peninsula 40.3 45.0 45.8 40.1 33.9
Philippines, excluding NCR 38.8 29.7 29.6 28.2 25.4
Philippines 34.4 26.6 26.3 25.2 21.6 Source: Philippine Statistics Authority (PSA)
Despite its rich natural endowment, ARMM’s poverty reduction record is unfortunate. Many studies have identified the causes: poor governance, feudalism, clan feuds (rido), weak infrastructure, land disputes and, foremost, unstable peace and order.
To provide a better picture of the region’s economic performance, let’s look at its dominant crops, farm productivity and industrial development, and compare them with the other regions.
Land Use
Palay, corn and coconut are dominant in the three regions. ARMM is behind in irrigation area ratio (24 percent) as compared to Zamboanga (58 percent) and Soccsksargen (78 percent). It is also behind in the adoption of yellow corn: 16 percent vs. eight percent and 71 percent, respectively. It is slightly less diversified.
Land Use, 2015 Harvested areas ARMM Zamboanga Soccsksargen Philippines
Rice: irrigated, percent 24 58 78 69
Yellow corn, adoption rate, percent 16 8 71 51 Source: PSA
Dominant Crops, 2015 Share to total of six crops, in percent Palay Corn Coconut Others Total Area, ha
ARMM 22 32 37 9 890,236
Soccsksargen 32 39 18 11 1,070,768
Zamboanga 20 16 51 13 826,070 Other Crops: banana, coffee, rubber Source: PSA
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Yields
Palay yield is low in ARMM at 2.5 tons/ha as compared to Zamboanga 4.0 tons/ha and Soccsksargen 3.8 tons/ha. It is better than Zamboanga in corn. Meanwhile, it rails Soccsksargen in coconut banana, rubber and coffee. But it is ahead of Zamboanga in coconut.
Farm productivity, Major Crops, Long-Term Tons per hectare 1991 2015
ARMM Soccsksargen Zamboanga ARMM Soccsksargen Zamboanga
Palay 1.9 3.2 3.0 2.5 3.8 4.0
-Irrigated 2.6 3.7 3.4 3.3 4.1 4.5
- Rainfed 1.5 2.3 2.5 2.3 2.9 3.4
Corn 1.6 2.2 0.9 2.4 3.0 1.7
-Yellow 1.7 2.5 1.1 3.4 3.4 3.5
-White 1.6 2.0 0.9 2.2 1.9 1.5
Coconut 3.9 6.2 2.9 4.2 6.0 4.0
Banana 9.2 19.0 11.6 15.7 35.3 14.6
Rubber dry 0.8 1.0 1.2 0.8 1.0 1.0
Coffee, 0.4 0.4 0.3 0.4 0.5 0.6 green beans Source: PSA
Industrial Development
ARMM’s share of manufacturing to gross regional domestic product (GRDP) is comparatively low. In 2017, Soccsksargen and Zamboanga had manufacturing shares to GRDP of 20.5 percent and 20.7 percent while ARMM had only one percent, the lowest among the 15 regions outside Metro Manila (MM). The manufacturing sector provides stable and remunerative jobs. But agro-industries can only flourish by investing in productive and diversified agriculture value chains.
Takeaways
In order to reduce the high poverty, BARMM must confront the low farm productivity and diversify its economy. But massive poverty cannot be solely explained by low yields. There could be inequalities in the sharing of fruits due to unequal control of the means of production by the ruling elite.
Where to?
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• It is imperative for the BARMM state government to attract domestic and foreign investors. One way to do this is to resolve the land tenure issue because of the proliferation of overlapping land claims in the region. • Farm land consolidation a la Malaysia Federal Land Consolidation and Rehabilitation Authority (FELCRA) business model will achieve scale, high yield and incomes. • Investing in infrastructure to open new areas for development. • Finally, a professionalized civil service would provide competence and continuity in development planning and management. The pernicious practice of palakasan common among local government units must be avoided. There are many competent Muslims in MM but are hesitant to return to their roots.
(This article reflects the personal opinion of the author and does not reflect the official stand of the Management Association of the Philippines or MAP. The author is the Co-Vice Chair of the MAP AgriBusiness Committee and the Executive Director of the Center for Food and AgriBusiness of the University of Asia & the Pacific. Feedback at
“MAP Insights” Column in BUSINESSWORLD
Benchmarking Global Hunger in ASEAN: Where is the Philippines? January 29, 2019
ROLANDO T. DY
What is the score of global hunger in ASEAN?
The Global Hunger Organization just released its 2018 results. The Global Hunger Index (GHI) has four indicators:
1. Undernourishment: the share of the population that is undernourished (i.e., whose caloric intake is insufficient); 2. Child wasting: the share of children under the age of five who are wasted (i.e., who have low weight for their height, reflecting acute undernutrition); 3. Child stunting: the share of children under the age of five who are stunted (i.e., who have low height for their age, reflecting chronic undernutrition); and 4. Child mortality: the mortality rate of children under the age of five (in part, a reflection of the fatal mix of inadequate nutrition and unhealthy environments).
“A GHI value of 0 would mean that a country had no undernourished people in the population, no children younger than five who were wasted or stunted, and no children who died before their fifth birthday. A value of 100 would signify that a country’s undernourishment, child wasting, child stunting, and child mortality levels were each at approximately the highest levels observed worldwide in recent decades. (https://www.globalhungerindex.org/).
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This comparison will hopefully alert policy makers and politicians on the extent of hunger in the Philippines. The analysis focuses on the ASEAN countries with large population – Indonesia, the Philippines, Vietnam, Thailand, Malaysia and Myanmar. Peru was added as comparator as it has a great record in hunger reduction.
Overall
In the past 18 years, Myanmar led with a massive decline in GHI between 2000 and 2018, followed by Vietnam. Thailand was next. Indonesia and the Philippines had the highest GHI in 2018, followed by Myanmar.
Overall trends in GHI: Selected countries, various years Change 2018-
Country 2000 2005 2010 2018 2000 %-pts
Thailand 18.3 13.3 12.9 10.4 -7.9
Malaysia 15.5 13.0 11.9 13.3 -2.2
Vietnam 28.2 23.8 18.8 16.0 -12.2
Myanmar 44.0 36.0 25.9 20.1 -23.9
Philippines 25.9 21.6 20.6 20.2 -5.7
Indonesia 25.5 26.6 24.5 21.9 -3.7
Comparator
Peru 20.9 18.4 15.5 8.8 -12.1 Source: GHI
GHI 2018: Hunger severity of selected countries, 2018 Country Global rank GHI Remarks
Thailand 44 10.4 Moderate
Malaysia 57 13.3 Moderate
Vietnam 64 16.0 Moderate
Myanmar 68 20.1 Serious
Philippines 69 20.2 Serious
Indonesia 73 21.9 Serious
Comparator
Peru 35 8.8 Low Note: Rank out of 113 countries GHI ranges: 9.9 or less: low; 10 to 19.9 moderate; 20 to 34.9 serious; and 35 to 49.9 alarming Source: GHI
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GHI Indicators
ASEAN countries had mixed performances across the GHI indicators.
Undernourishment
Indonesia and the Philippines had the highest degree of undernourishment. Myanmar and Vietnam recorded a rapid reduction from 2000 to 2018.
GHI Indicators: Selected countries, 2018 Under- nourishment Country Child wasting Child Stunting Child Mortality
Indonesia 36.4 7.7 13.5 2.6
Malaysia 20.7 11.5 2.9 0.8
Myanmar 10.5 10.5 7.0 5.1
Philippines 33.4 13.7 7.1 2.7
Thailand 9 10.5 5.4 1.2
Vietnam 24.6 10.8 6.6 2.2
Comparator
Peru 8.8 13.1 1.5 1.0 Source: GHI
Child Wasting
The Philippines had the highest index among six countries. Myanmar and Vietnam led in the reduction.
Child Stunting
Indonesia, the Philippines and Myanmar had the highest severity. Indonesia, surprisingly posted an increase in stunting since 2000.
Child Mortality
Myanmar had the highest mortality, followed distantly by the Philippines, and Indonesia. Myanmar also posted the largest reduction, followed by Indonesia. Malaysia already posted a low value since 2000.
Implications for the Philippines
The Philippines has a long way to go in reducing hunger. A key contributory factor to hunger is poverty. Low income and high food costs generally limit food quantity and quality intake. The Philippines had a far higher incidence of poverty of 21.6 percent compared to its neighbors: Malaysia (0.4 percent), Vietnam (seven percent), Thailand (8.6 percent) and Indonesia (10.6 percent). Myanmar posted 32.1 percent (Asian Development Bank). 6
First, since two thirds of all poor come from the farm and fishery sectors, Philippine government policies and programs must address income-raising crop productivity and diversification as well as nutrition. Second, stakeholders can learn from Peru’s experience.
Peru has achieved a good record. Between 2000 and 2018, its GHI decreased to 8.8 from 20.9, unmatched by the ASEAN countries. For example, between 2007 and 2014, stunting among children under the age of five fell from 29 percent to 14 percent. The government ministries, regional governments, health professionals and NGOs worked together to reduce child stunting caused by chronic undernutrition. The first 1000 days in a child’s life are crucial. Children need good nutrition if they are going to develop to their full potential.
(This article reflects the personal opinion of the author and does not reflect the official stand of the Management Association of the Philippines or the MAP.) ------ROLANDO T. DY is the Co-Vice Chair of the MAP AgriBusiness Committee and the Executive Director of the Center for Food and AgriBusiness of the University of Asia & the Pacific. [email protected] [email protected] http://map.org.ph
7 ffef Business groups urge PRRD to sign the Rice Tariffication Law to ensure food security
8 ffef Video of Acceptance Speech of Mr. HENRY SY, SR. as
“MAP Management Man of the Year 1999”
We have uploaded in our “MAP Talks” channel on YouTube the video of the acceptance speech of Mr. HENRY SY, SR. as “MAP Management Man of the Year 1999.”
Please click the link below to view the video:
https://www.youtube.com/watch?v=svd0QY9m850
You can also view the other “MAP Talks” videos via the following link:
https://www.youtube.com/user/TheMAPph
Thank you.
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Forthcoming Events
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We would like to inform you that the Deadline of Applications for the Go Negosyo Inspiring Filipina Awards 2019 has been extended until February 1, 2019
Should you be interested to join the awards or would like to nominate a Filipina Entrepreneur kindly answer the application form.
You may also nominate someone for the awards by providing the following details of the nominee: Name, Designation, Business/Company, Contact Number, Email and we can directly coordinate with them for their application.
Please see the application form and briefer of the Go Negosyo Inspiring Filipina Entrepreneurs Awards 2019.
Kindly complete the attached application form in order to apply as one of this year's Go Negosyo Inspiring Filipina Entrepreneurs.
Upon completion, kindly submit the file to this email address with the subject: [GO NEGOSYO INSPIRING FILIPINA ENTREPRENEURS 2019_APPLICATION_FULLNAME]
For further questions you may contact Ms. Jarielle Reyes or Ms. Shyn Soteo who are cc-ed in this email or 631-5024.
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Articles/Papers being shared with MAP Members
1. “ARE YOU SCARED OR EXCITED? Part 2 of 2” from MAP Governor PETER WALLACE’s “Like it is” Column in the PHILIPPINE DAILY INQUIRER on January 24, 2019
Moving along from last week, here’s the rest of the article.
“Forget the book, “Future Shock”, welcome to the 4th Industrial Revolution.
Software has disrupted and will continue to disrupt most traditional industries in the next 5- 10 years. UBER is just a software tool, they don't own any cars, and are now the biggest taxi company in the world! Ask any taxi driver if they saw that coming. Airbnb is now the biggest hotel company in the world, although they don't own any properties. Ask Hilton Hotels if they saw that coming.
Artificial Intelligence: Computers become exponentially better in understanding the world. This (2018) year, a computer beat the best Go-player in the world, 10 years earlier than expected.
In the USA, young lawyers already don't get jobs. Because of IBM's Watson, you can get legal advice (so far for right now, the basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. So, if you study law, stop immediately. There will be 90% fewer lawyers in the future, (what a thought!) only omniscient specialists will remain. Watson already helps nurses diagnosing cancer, its 4 times more accurate than human nurses.
Facebook now has a pattern recognition software that can recognize faces better than humans (something government should use as it develop its National ID system). In 2030, computers will become more intelligent than humans.
Autonomous cars: In 2018 the first self-driving cars are already here. In the next 2 years, the entire industry will start to be disrupted. You won't want to own a car anymore as you will call a car with your phone, it will show up at your location and drive you to your destination. You will not need to park it you will only pay for the driven distance and you can be productive while driving. The very young children of today will never get a driver's license and will never own a car. This will change our cities, because we will need 90-95% fewer cars. We can transform former parking spaces into parks.
Some 1.2 million people die each year in car accidents worldwide including distracted or drunk driving. We now have one accident every 60,000 miles; with autonomous driving that will drop to 1 accident in 6 million miles. That will save a million lives plus worldwide each year. Most traditional car companies will doubtless become bankrupt. Traditional car companies will try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels. Look at what Volvo is doing right now; no more internal combustion engines in their vehicles starting this year with the 2019 models, using all electric or hybrid only, with the intent of phasing out hybrid models. Many engineers from Volkswagen and Audi; are 12
completely terrified of Tesla and so they should be. Look at all the companies offering all electric vehicles. That was unheard of, only a few years ago. Insurance companies will have massive trouble because, without accidents, the costs will become cheaper. Their car insurance business model will disappear.
Real estate will change. Because if you can work while you commute, people will move farther away to live in a more beautiful or affordable neighborhood. Electric cars will become mainstream about 2030. Cities will be less noisy because all new cars will run on electricity. Cities will have much cleaner air as well. (Can we start in Los Angeles, please?) Electricity will become incredibly cheap and clean. Solar production has been on an exponential curve for 30 years, but you can now see the burgeoning impact. And it’s just getting ramped up. Fossil energy companies are desperately trying to limit access to the grid to prevent competition from home solar installations, but that simply cannot continue - technology will take care of that strategy.
Health: The Tricorder X price will be announced this year. There are companies who will build a medical device (called the "Tricorder" from Star Trek) that works with your phone, which takes your retina scan, your blood sample and you breath into it. It then analyses 54 bio-markers that will identify nearly any Disease. There are dozens of phone apps out there right now for health purposes.
Welcome to tomorrow. So there you have it, a future rushing upon us at breakneck speed.” Are you scared, or excited? Will you adapt?
Read my previous columns: www.wallacebusinessforum.com E-mail: [email protected]
Pictures/ Videos uploaded in the MAP Facebook account
1. January 14, 2019 JRI Board of Trustees Courtesy Call to Supreme Court of the Philippines Chief Justice LUCAS BERSAMIN https://www.facebook.com/photo.php?fbid=2261671970773850&set=pb.100007932061654.- 2207520000.1548749737.&type=3&theater
2. January 16 Energy Committee Meeting https://www.facebook.com/media/set/?set=a.2258365117771202&type=1&l=e5ec5aa36e
3. January 29 70th MAP Inaugural Meeting 2019 and Induction of 2019 MAP Board of Governors with Dr. DIOSDADO “Dado” P. BANATAO, Founder and Managing Partner of Tallwood Venture Capital, as Guest Speaker and Inducting Officer https://www.facebook.com/media/set/?set=a.2265853223689058&type=1&l=780c6d862c
4. January 29 MAP Board Meeting https://www.facebook.com/media/set/?set=a.2265879970353050&type=1&l=53e39370d0 13
Happy Birthday to the following MAP Members who are
celebrating their birthdays from January 30 to February 28, 2019
January 30 1. Atty. SERAFIN “Jun” U. SALVADOR JR., Managing Partner, Salvador Llanillo & Bernardo, Attorneys-at-Law 2. Ms. EVELYN R. SINGSON, Vice Chair and President, Dusit Thani Philippines, Inc. 3. Mr. JESUS “Jess” G. TIRONA
January 31 4. Mr. EMMANUEL “Noel” D. BAUTISTA, Executive Director, Head of ASEAN, LF Logistics (Philippines), Inc. 5. Mr. MANUEL “Karim” GONZALEZ GARCIA, VP for Business Development, Metro Pacific Investments Corporation (MPIC)
February 1 6. Mr. WILSON “Wilson” LIM, President, Abenson, Inc.
February 2 7. Mr. RAMON “Mon” B. ARNAIZ, Chair, Raco Group of Companies
February 3 8. Mr. ROMEO THADDEUS “Thad” LIAMZON, President, Artel Land Corporation
February 4 9. Mr. TOMAS “Tom” B. ROCAMORA JR., COO, Philfoods Fresh-Baked Products, Inc. 10. Mr. JOSE “Joe” R. SIMEON, Chair, Consolidated Matrix, Inc.
February 5 11. Ms. ESTER R. PUNONGBAYAN, President and CEO, E. Punongbayan Global Outsourcing, Inc.
February 6 12. Dr. MILAGROS “Mila” O. HOW, EVP, Universal Harvester, Inc. 13. Mr. DELFIN “Del” L. LAZARO, Board Member, Ayala Corporation 14. Atty. WILLIAM “Bill” S. PAMINTUAN, FVP, Deputy General Counsel and Asst. Corporate Secretary, MERALCO (Manila Electric Company) 15. Mr. BENEDICTO “Benedict” C. SISON, Country Head and CEO, Sun Life of Canada Philippines, Inc. 16. Mr. JOSE “Jose” M. SORIANO 17. Atty. EUSEBIO “Ebot” V. TAN, Senior Partner, Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW)
February 7 18. Dr. JOSE PAULO “Chichoy” E. CAMPOS, President, Emilio Aguinaldo College (EAC) 19. Mr. CESAR V. CAMPOS, Chair, Cenel Development Corporation 20. Atty. DANILO “Danny” L. CONCEPCION, President, University of the Philippines (UP) 21. Mr. EDWIN R. G. REYES, EVP and Group Head, BDO Unibank, Inc. –
February 8 22. Mr. JOVENCIO “Jovy” F. CINCO, President, Penta Capital Investment Corporation 23. Atty. ADRIAN “Che” S. CRISTOBAL, Vice Chair, SteelAsia Manufacturing Corporation
February 9 24. Dr. CRISPINIANO “Cris” G. ACOSTA, President, FILMINERA Resources Corporation 25. Mr. BERNARDO “Dong Dong” T. BENEDICTO III, Chair, CLB Engineering & Supply, Inc. 26. Ms. IMELDA “Imee” H. CENTENO, SVP - Human Resources and Organization Development, UNILAB, Inc. 27. Atty. FRANCISCO “Francis” ED. LIM, Senior Partner and Ex-Com Member, Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALAW) 28. Ms. BERNADINE “Bern” T. SIY, Interworld Properties Corporation 29. Amb. MARTIN SLABBER, Ambassador, South African Embassy: Manila 14
February 10 30. Ms. KAREN V. BATUNGBACAL, SVP, Optum Global Solutions 31. Mr. JAIME “Jimmy” J. BAUTISTA, President, Philippine Airlines (PAL) 32. Mr. BENITO “Beni” CHUA CO KIONG, President, BNC Ingredients Corporation 33. Prof. MATTHEW GEORGE “Matthew” O. ESCOBIDO, CEO, conceptblocks 34. Ms. MA. LOURDES “Marides” C. FERNANDO, President, Bright Future Realty, Inc. 35. Mr. SIMON “Mon” R. PATERNO, EVP, Bank of the Philippine Islands (BPI) 36. Mr. RAYMOND GERARD “Rac” S. RACAZA, President and COO, Xurpas, Inc. 37. Mr. STEPHEN JAMES “Steve” REILLY, COO, Resorts World Manila 38. Ms. MARIA NIMFA “Maria” RONSON, Co-Director, Pertlink Limited (Hong Kong) 39. Mr. RAJAN UTTAMCHANDANI, Chair and CEO, Esquire Financing Inc.
February 11 40. Ms. MA. LOURDES MARGARITA “Dette” D. ARUEGO, Managing Director, Assessment Analytics, Inc. 41. Dr. REYNALDO “Regie” T. CASAS, President - Projects, nv vogt Philippines Solar Energy One, Inc. 42. Mr. RENATO “Rene” M. LIMJOCO, International Consultant 43. Mr. ERMILANDO “Ermil” D. NAPA, Chair and CEO, Manila Consulting and Management Co. Inc. 44. Mr. KIRK Q. RAMOS, President and CEO, Stealth Ventures Corporation
February 12 45. Ms. SERALINE LLOREN “Sera” MANGUNI, Consulting Actuary 46. Mr. EDUARDO “Edu” M. OLBES, EVP, Security Bank Corporation
February 13 47. Mr. RIC GINDAP, Creative + Strategy Director, Design for Tomorrow 48. Ms. VALERIE “Riena” N. PAMA, President, Sun Life Asset Management Company, Inc.
February 15 49. Mr. J. LUIGI “Luigi” L. BAUTISTA, President and CEO, Cavitex Infrastructure Corporation 50. Mr. ANGELITO “Lito” D. BERMUDO, President and CEO, Meralco Industrial Engineering Services Corporation (MIESCOR) 51. Mr. JOHN THOMAS “Jomi” GUEVARA DEVERAS, Senior EVP, Rizal Commercial Banking Corporation (RCBC)
February 17 52. Atty. ROSARIO “Cherry” S. BERNALDO, Managing Partner, R. S. Bernaldo & Associates 53. Mr. J. ERNESTO “Ernie” C. VILLALUNA, Director, Philex Mining Corporation
February 18 54. Ms. SUSAN “Sue” L. DIMACALI, CEO, ASPAC Creative Communications, Inc.
February 19 55. Ms. BERNICE GAMBOA BERENGUER, President, IKON Solutions Asia, Inc. 56. Dr. KAREN BELINA “Karen” F. DE LEON, President, Misamis University 57. Mr. NOEL C. OÑATE, Chair, La Funeraria Paz Group
February 20 58. Mr. DANILO “Donnies” T. ALAS, Chair and CEO, Alas Oplas & Co., CPAs 59. Mr. ELEUTERIO “Terry” D. CORONEL 60. Atty. NILO T. DIVINA, Managing Partner, Divina Law 61. Mr. EDWARD K. LEE, Chair, Citiseconline.com, Inc. 62. Mr. BENJAMIN “Jay” R. LOPEZ, INAEC Aviation Corporation
February 21 63. Ms. MARY ANG, CEO and General Manager, Heritage Multi-Office Products, Inc. 64. Ms. MARILOU “Malou” C. CRISTOBAL, Chair and President, Multinational Investment Bancorporation 65. Mr. ROBERT LEO “Rob” YU, Philippines Investment Banking Coverage, Morgan Stanley 66. Ms. MARIFE B. ZAMORA, Board Director, PLDT
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February 22 67. Mr. GEORGE T. SIY, President, Face & Body Rejuvenation Center, Inc. 68. Mr. JORGE MIRANDA YULO, President and CEO, 1 Document Corporation (Phils)
February 23 69. Mr. DANTE M. BRIONES, Chair and CEO, Sasonbi, Inc. 70. Mr. RAFAEL “Peng” R. PEREZ DE TAGLE JR., Board Director, Metro Rail Transit Corporation 71. Ms. LOURDES “Chingling” R. TANCO, Managing Director, Mida Trade Ventures International, Inc.
February 24 72. Mr. EDILBERTO “Bert” B. BRAVO, Chair and CEO, U-Bix Corporation 73. Dr. ROLANDO “Rolly” T. DY, Professor, and Executive Director, Center for Food and Agri Business, University of Asia and the Pacific 74. Mr. LEE C. LONGA, EVP and CFO, Pru Life U.K. 75. Mr. ROLANDO “Don” J. PAULINO JR., Managing Director and General Manager, Shell Philippines Exploration BV 76. Ms. LYDIA P. SARMIENTO, Consultant, CSR Institute, League of Corporate Foundations (LCF)
February 25 77. Mr. EBB HINCHLIFFE, Executive Director, AMCHAM Philippines
February 26 78. Mr. PROTACIO “Ding” C. BANTAYAN JR., Advisor to the Board, ORIX METRO Leasing & Finance Corporation 79. Mr. RENATO “Renan” B. VELONZA, COO, Trends & Technologies, Inc.
February 27 80. Ms. ENUNINA “Nina” V. MANGIO, President, Mawell Chemical Corporation
February 28 81. Mr. JOSE “Jo or Jomag” P. MAGSAYSAY JR., CEO, Cinco Corporation (Potato Corner) 82. Mr. BENJAMIN “Ben” C. ZETA
Condolences to the bereaved family of the following:
1. “MAP Management Man of the Year 1999” Mr. HENRY SY SR. who passed away on January 19, 2019 at the age of 94.
2. Mr. EUGENE CHUA YU, President of Capital Estate Org. Development Corporation, who passed away on January 19, 2019 at the age of 61.
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