May 2007 Laro uli tayo, Kapamilya! Join the Lopez Group Sports Fest 2007 on May 26, 2007 (Sat), 2:30 p.m. at the Marikina Sports Complex. Sign up with your HR representative for any of the three competitive events and four fun games! 2006 fi nancial performance ng Election! ...p.2 THE May 14 midterm Lopez Group election is not just about TEAM Unity vs. the Gen- uine Opposition, nor even about who the legitimate president of the Philip- pines is. Instead, observ- ers say, our capability to catch up with our neigh- bors in the ASEAN region hinges on how credible the outcome of this elec- tion would be. Botching this one up, pundits agree, would be tantamount to taking a giant step back- wards after wowing our neighbors with our gains in global outsourcing and electronics exports. The Philippines has what it takes to move for- ward, no doubt about it. But fi rst, we must achieve political stability now— Taking microfi nance and before we hold the to the next level...p.8 next presidential election in 2010. This, more or less, is the face of an election as Filipinos know it. Twen- ty-nine cases of “vio- lent deaths” as of March Turn to page 6 Happyappy Mother’s Day! Power Plant fi nds...p.12 2 LOPEZLINK May 2007 LOPEZLINK May 2007 3 2006 fi nancial performance ng Lopez Group companies NLEX expansion boosts Luzon tourism, economic devt. ABS-CBN tunay na nama- Nadagdagan naman ng 10% ang Benpres ay aabot lamang sa 2006 fi nancial results mayagpag sales of goods at services sa P5.6B P2.2B. Nagkaroon din ng foreign WHEN the Manila North Toll- ern Philippines. Hence, the Conventions and Visitors Bu- Kagila-gilalas na 194% ang dahil sa magandang performance ng exchange gains ang Benpres na Total revenues Net income/(loss) ways Corporation (MNTC) launch of the “Rediscover the reaus (CVBs) in tourism-potent inilobo ng net income ng ABS-CBN ABS-CBN Films at ng ABS-CBN P920M dahil sa paglakas ng piso undertook the redevelopment North” campaign. areas. The CVBs will facilitate noong 2006 kumpara sa 2005, patu- Global, kung saan tumaas ng 21% laban sa dolyar noong 2006. 2005 2006 % change 2005 2006 % change of the North Luzon Express- The campaign spearheaded existing tourism ventures and nay na totohanan ang muling pama- ang subscriber base nito year-on- First Gen 6% ang dagdag na ABS-CBN P17.047 B P17.386 B +2 P252 Mn P741 Mn +194 mayagpag ng Kapamilya network. year, dagdag pa ni Navarette. net income way (NLEX), other bigger by the MNTC and the North create inroads for potential proj- Umabot sa P741 million Benpres nakinabang sa mga Umakyat naman ng 20% ang Benpres P17.05 B P17.39 B +2 P732 Mn P4.213 B +476 things were forthcoming. The Philippines Visitors Bureau ects that will be brought to them ang net income ng kumpanya sa ‘extraordinary events’ consolidated revenues ng First Gen First Gen US$828 Mn US$992 Mn +20 US$87 Mn US$92 Mn +6 shortened travel time and safer (NPVB) is set to pave the roads by private sector groups respon- nakaraang taon, mula sa P252M Dahil sa magandang perfor- Corporation (First Gen) sa US$992M and infi nitely smoother travel en route to places that have not sible for high profi le events. noong 2005. Halos napantayan mance ng mga kumpanyang pag- noong 2006 mula US$828M noong FPHC P53.3 B P59.6 B +12 P4.9 B P8.7 B +77 that the new road system made been developed to their full The campaign initially aims nito ang record na P752M profi t aari nito, nagtala ng consolidated 2005. Lumaki ng 6% ang net income Meralco P174.27 B P190.79 B +9.5 (P207 Mn)* P13.88 B +6,805 possible had far-reaching tourism potential. to draw in groups that include level na iniulat noong 2004. revenues na P17.3B ang Benpres sa US$92M mula US$87M. positive effects. It opened the The NPVB, an organiza- major brands, events man- Ang gross revenue ay umabot Holdings Corporation noong 2006, Nabili noong 2006 ng First *Restated, after reversing provisions for probable losses following a favorable decision on its unbundling case fl oodgates of opportunities for tion of companies and organi- agement companies, media sa P17.386 billion dala ng stable 2% na mas mataas kaysa noong Gen ang 112-megawatt Pantaban- airtime revenues at malakas na 2005. Ang net income attributable gan-Masiway hydroelectric power reshaping the economic land- zations that have a stake in the networks, production houses, benta ng services ng network, ayon to the equity holders of the parent plant at tumaas ang dispatch ng nito sa P8.7B noong 2006 mula 10. Nagbigay ng P2 kada share able losses hanggang sa ikatlong scape of northern Philippines. travel and tourism sector, was fi lm outfi ts and organizations kay Miguel Jose Navarette, vice ay umabot sa P4.213B kumpara sa mga gas-fi red power plants nito. sa P4.9B noong 2005, o 77% na na cash dividends ang kumpanya quarter ng 2006, at P5.9B bilang This newfound benefi t established to create tourism to consider and eventually president for fi nance ng ABS-CBN. P732M. Malaking porsiyento ng Umabot ng 81% ang dispatch ng increase. Umabot naman sa P59.6B noong 2006. provision for probable losses sa brought on by the redevelop- campaigns to highlight what transform these key areas as P15.97B o 4% naman ang nabawas magandang resultang ito ay gawa First Gen gas plants kumpara sa ang revenues ng kumpanya mula Meralco humataw din buong 2005. Gayunpaman, dahil ment of the NLEX forms a its members have to offer. venues for events, conven- sa expenses ng kumpanya. ng 79% increase in equity in net 77% noong 2005; ang Pantaban- sa P53.3B noong 2005 bunsod ng Lalo namang humataw ang sa pagkatig ng Korte Suprema sa The Bayan team at the e-Services good part of the basis for the The NPVB’s initial efforts tions, company activities and Philippines conference and exhib- Ayon kay Navarette, tumaas earnings of associates matapos gan-Masiway naman ay nagkaroon initial public offering o IPO noong Meralco na nag-report ng net in- posisyon ng Meralco at ng Energy promotion of tourism in north- include the creation of various shoot locations. (Kit Ventura) ng 3% sa P9.602B ang airtime magtala ng extraordinary gains ng dispatch na 72%, at ang utiliza- Pebrero 2006 ng First Gen na power come na P13.88B noong 2006, Regulatory Commission, hindi na it (l-r): chief executive consultant Tunde Fafunwa, corporate brand Industry leaders revenues ng ABS-CBN sa kabila booked ang First Holdings dahil tion ng bunker-fueled na Bauang generation unit nito, at ang magan- kumpara sa restated net loss na kailangang maglaan pa ng gani- ng seasonal slowdown sa adver- sa IPO ng First Gen, at gayundin plant ay umakyat din sa 8% mula dang ruling ng Supreme Court hing- P207M noong 2005. Nagtala ng tong mga halaga. and communications head John tising spending na nangyayari ang desisyon ng Korte Suprema na 2% lamang noong 2005. gil sa tariff unbundling ng Meralco reversal ng provisions for probable Ang total revenues ay sumipa Rojo, manager Freyja Santos and tuwing fourth quarter ng taon. pumabor sa Meralco. Income ng First Holdings noong Disyembre 2006. losses ang Meralco matapos ang pataas ng 9.5% sa P190.79B mula offi cer Carlos Campos. to be recognized Ang pagtaas na ito ay dala ng con- Kung wala ang mga extraordi- lumundag! Inaprubahan na rin ng board pagpabor dito ng Supreme Court P174.27B. Samantala, ang total tribution mula sa nontraditional nary events na ito para sa FPHC, Samantala, wagi rin ang First ng First Holdings ang pagbigay ukol sa isyu ng unbundling. expenditures ay tumaas ng 8.5% advertising, lalo na ng product ang net income attributable to Philippine Holdings Corp. (FPHC) ng cash dividend na P1 kada share Naglaan ang Meralco ng sa P184.59B mula P170.09B. BIZcalendar in BPO awards intrusions at product placements. equity holders of the parent ng dahil sa paglundag ng net income sa mga stockholders nito sa May P4.62B na provision for prob- (Carla Paras-Sison) 4th Niche Market- BAYAN and other business for the country,” Bayan chief process outsourcing (BPO) executive consultant Tunde ing: Maximizing supporters recently announced Fafunwa said in a speech dur- Opportunities the establishment of the BPO ing the e-Services Philippines Meralco leads Bayan inks pact with Ericsson anew and Challenges of Excellence Awards to recog- conference and exhibition held BAYAN will continue to use Erics- training, testing and commissioning of executive consultant Tunde Fafunwa subscribers and we are confi dent that Marketing to the nize the leaders of the industry in Mandaluyong City. HAPUA forum son’s Ethernet DSL Access (EDA) its EDA solution—as Bayan supports said. we are providing them with the most in the country. The awards also are seen as solution following the renewal of its high broadband subscriber growth in “The reliability of Ericsson’s equip- reliable and future-proof solutions for ‘Retireables’ A collaboration between an encouragement for BPO fi rms MERALCO led the fourth meeting of the frame agreement with the Sweden- the country. The company currently ment and solutions has given us an edge. their needs,” Ericsson Telecommuni- May 9-11, 2007 Bayan, e-Services Philippines, to aspire for “achievements that Heads of ASEAN Power Utilities Authorities based telecommunications equipment serves over 30,000 subscribers using We are currently the only Philippine opera- cations Inc.