Category: Teresita Sy-Coson

BDO key executives cited for corporate governance excellence

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An indication that BDO Unibank’s corporate governance practices are among the best in the region was again reinforced in the recently held 5th Asian Excellence Award 2015 led by the Hong Kong-based publication Corporate Governance Asia.

The Bank was cited as one of the Philippine companies with the Best Investor Relations, Best Corporate Social Responsibility, Best Environmental Responsibility and Best Corporate Communications Team.

Individual awards were also given to Teresita Sy-Coson, Pedro M. Florescio III and Luis S. Reyes Jr., as among Asia’s Best CEOs, CFOs and Investor Relations Company Professionals, respectively. Sy-Coson is the chairperson of BDO; Florescio is head of treasury; and, Reyes is head of investor relations & corporate planning.

BDO has been a consistent recipient of the Asian Excellence Awards, which annually recognize the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, investor relations and communications of the publicly-listed firms, privately-owned entities, state-owned and government-controlled enterprises in Asia.

These awards are in the tradition of the high standards set and uphold by Corporate Governance Asia, the authoritative voice in corporate governance practices in the region. These are meant to motivate excellence among the different layers in corporate hierarchy especially since Asia continues to gain further recognition in the global arena as a preferred investment destination for its robust economic growth.

 

BDO key executives cited for corporate governance excellence

PRNEWS Admin Leave a comment

An indication that BDO Unibank’s corporate governance practices are among the best in the region was again reinforced in the recently held 5th Asian Excellence Award 2015 led by the Hong Kong-based publication Corporate Governance Asia.

The Bank was cited as one of the Philippine companies with the Best Investor Relations, Best Corporate Social Responsibility, Best Environmental Responsibility and Best Corporate Communications Team.

Individual awards were also given to Teresita Sy-Coson, Pedro M. Florescio III and Luis S. Reyes Jr., as among Asia’s Best CEOs, CFOs and Investor Relations Company Professionals, respectively. Sy-Coson is the chairperson of BDO; Florescio is head of treasury; and, Reyes is head of investor relations & corporate planning.

BDO has been a consistent recipient of the Asian Excellence Awards, which annually recognize the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, investor relations and communications of the publicly-listed firms, privately-owned entities, state-owned and government-controlled enterprises in Asia.

These awards are in the tradition of the high standards set and uphold by Corporate Governance Asia, the authoritative voice in corporate governance practices in the region. These are meant to motivate excellence among the different layers in corporate hierarchy especially since Asia continues to gain further recognition in the global arena as a preferred investment destination for its robust economic growth.

 

SM Supports 23rd World Economic Forum

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Philippine conglomerate SM Investments Corporation is a partner of the 23rd World Economic Forum on East Asia (WEF-EA) to be held from May 21 to 23, 2014 in Manila.

Headquartered in Geneva, WEF is a private-led international institution that aims to improve the state of the world through public-private cooperation in the spirit of global citizenship.

This is the first time that the Philippines will host the regional forum for East Asia. WEF cited the Philippines as “writing one of the greatest economic comeback stories in recent years”. The Philippines is poised to be the strongest performing Southeast Asian economy in 2014, with GDP growth projected to surpass 6.5%.

“The Philippines continues to provide great opportunities for investments. We have been committed investors in the country for over five decades. The WEF will further highlight the opportunities that the emerging Philippines offers. We look forward to the discussions which will uncover more opportunities in the region,” SM Vice Chairperson Teresita Sy-Coson said.

The WEF event will serve as an ideal platform for participants to deliberate the opportunities of the ASEAN Economic Community to promote greater inclusion across East Asia and to instil more resilient decision-making in the face of unpredictable economic and natural disruptions.

WEF noted that ASEAN is one of the fastest-growing regional economies in the world, and is one year away from launching the ASEAN Economic Community, a common market which will comprise 600 million people and have a combined GDP of nearly US$ 2 trillion. It further noted that fresh demand in Europe and the United States, along with recently concluded trade agreements, are expected to boost production and consumption in East Asia. Almost all of the 10 ASEAN economies are expecting growth above 5% in 2014.

In parallel with the WEF regional meeting, SM and BDO Unibank, Inc. are also joint gold sponsors in the 10th ASEAN Finance Ministers’ Investors Seminar (AFMIS), a key gathering hosted by the Philippine government on May 20, 2014. This year, the AFMIS aims to tackle ASEAN’s growth prospects, the ongoing initiatives of the ASEAN Finance Process to the ASEAN Economic Community, and the milestones and investment opportunities for individual economies and various country sectors. The AFMIS is held yearly since 2004 to promote ASEAN as an investment destination.

SM for its part is strongly committed to the Philippines, having established a foothold in the retail, property and banking businesses for over 50 years. The company continues to invest heavily in these sectors while it hones other investments to achieve sustainable growth and support the country’s development footprint.

ASEAN Business Advisory Council Philippines to unveil first ASEAN Business Awards

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The ASEAN Business Advisory Council (ASEAN BAC) Philippines will launch the first ever ASEAN BAC Business Awards (Awards) that will recognize Filipino businesses that have been strengthening their ASEAN footprint and competitiveness.

An official ceremony will be held on April 29, 2014 at the Manila Peninsula, Rigodon Ballroom at 12:00 noon. ASEAN BAC Philippines led by Teresita Sy-Coson, Vice Chair for SM Investments Corporation; and Jay Yuvallos, President of Interior Basics will be signing a Memorandum of Understanding with the Management Association of the Philippines (MAP), Philippine Chamber of Commerce and Industry (PCCI), Philippine Exporters Confederation, Inc. (Philexport), Financial Executive of the Philippines (FINEX), and the Asian Institute of Management (AIM) in launching the awards program.

The Awards aim to recognize outstanding Philippine enterprises that promote competitiveness of local entrepreneurs and their ability to explore and harness the opportunities that the ASEAN Economic Community offers. The award is ASEAN-BAC Philippines’ flagship program for 2014 to help drive awareness on the AEC which is set to roll out in 2015.

The signing ceremony will formally launch the ASEAN Business Awards Philippines application period. Interested companies and enterprises may visit www.asean-bac.org to apply, while details of the application guidelines and mechanics may be viewed at www.aseanbac.ph. Inquiries may also be coursed through the ASEAN BA Philippines secretariat at abasecretariat@aseanbac.ph. Inquiries may also be coursed through the ASEAN BA Philippines secretariat at abasecretariat@aseanbac.ph. Deadline for submission of nominations is on June 15, 2014.

ASEAN Business Advisory Council Philippines to unveil first ASEAN Business Awards

PRNEWS Leave a comment

The ASEAN Business Advisory Council (ASEAN BAC) Philippines will launch the first ever ASEAN BAC Business Awards (Awards) that will recognize Filipino businesses that have been strengthening their ASEAN footprint and competitiveness.

An official ceremony will be held on April 29, 2014 at the Manila Peninsula, Rigodon Ballroom at 12:00 noon. ASEAN BAC Philippines led by Teresita Sy-Coson, Vice Chair for SM Investments Corporation; and Jay Yuvallos, President of Interior Basics will be signing a Memorandum of Understanding with the Management Association of the Philippines (MAP), Philippine Chamber of Commerce and Industry (PCCI), Philippine Exporters Confederation, Inc. (Philexport), Financial Executive of the Philippines (FINEX), and the Asian Institute of Management (AIM) in launching the awards program.

The Awards aim to recognize outstanding Philippine enterprises that promote competitiveness of local entrepreneurs and their ability to explore and harness the opportunities that the ASEAN Economic Community offers. The award is ASEAN-BAC Philippines’ flagship program for 2014 to help drive awareness on the AEC which is set to roll out in 2015.

The signing ceremony will formally launch the ASEAN Business Awards Philippines application period. Interested companies and enterprises may visit www.asean-bac.org to apply, while details of the application guidelines and mechanics may be viewed at www.aseanbac.ph. Inquiries may also be coursed through the ASEAN BA Philippines secretariat at abasecretariat@aseanbac.ph. Inquiries may also be coursed through the ASEAN BA Philippines secretariat at abasecretariat@aseanbac.ph. Deadline for submission of nominations is on June 15, 2014.