When Economy becomes a Calling

Philippines

Scritto da Teresa M. Ganzon Mercoledì 22 Luglio 2009 15:30

An EOC Gathering in the Philippines (July 11, 2009)

EOC : When Economy Becomes a Calling…

One hundred forty-four participants – entrepreneurs, managers and employees, professors and graduate students from Manila and surrounding regions -  gathered in the Mariapolis Pace in Tagaytay City last Saturday, July 11. As the letter invitation stated, each was called to reflect and gain a deeper understanding of what the Economy of Communion theory is and how it is lived by EOC enterprises, especially within the context of the present economic crisis.

For the first time in past years of EOC conferences, this gathering was marked by a significant presence of professors, with a group of nine from the Dept. of Commerce of the Pontifical University of Sto. Tomas which included Dean Cabrera and Assistant Dean Calara , together with the department heads of the aforementioned college.

A radical choice

Philippines

Scritto da Floro and Tess Flores Mercoledì 22 Luglio 2009 15:10

Asia/Pacific Circulation Exponents, Inc.

A radical choice

by Floro & Tess Flores

My name is Floro and this is my wife Tess. We are the principal owners of ASIA/PACIFIC CIRCULATION EXPONENTS, INC. - a company that is engaged in the importation and distribution of international and domestic publications. It was founded in 1986 and so it is now on its 23rd year. We have 100 employees and at least half of them are the Deliverymen who deliver the newspapers and magazines to our subscribers in Metro Manila. The other half are in marketing and sales, human resource, finance and administration.

APCEI Inc.

Ancilla and the economic crisis

Philippines

Scritto da Renato and Tita Puangco Mercoledì 22 Luglio 2009 15:05

Ancilla Enterprise Development Consulting Inc.

Ancilla and the economic crisis

by Renato and Tita Puangco

Ancilla Enterprise Development Consulting is the consulting and training company we founded 18 years ago. My wife, attending a meeting on Chiara’s launch of the economy of communion felt called to respond to it. She just resigned from her job as Vice President of Bank of Philippine Islands and took on a professorial job at the Asian Institute of Management. Since I had a steady job at that time I quickly agreed to her proposal for us to set up a training and consulting company.

It was mid-year 2008 when we started to feel the start of the economic crisis. We continued to have a steady flow of projects and programs except that the clients, specially a number of multi-nationals surprisingly started to lengthen the repayment period to 30 and even 60 days. This was strange since typically training and consulting is something that is promptly paid upon completion of the service. Since we are also strategic planning consultants, we constantly monitor local and global trends. In fact for December we gifted our clients with a tea box and a CD entitled “Weathering the Storm”. It contained all our findings of the impending crisis and what actions they can begin to take. We knew the trends and just like other companies, we started to brace for a slow-down.

Ancilla Enterprise Development Consulting Inc.

Seeking a common solution

Philippines

Scritto da Teresa and Francis Ganzon Mercoledì 22 Luglio 2009 15:00

Bangko Kabayan

Seeking a Common Solution

by Teresa and Francis Ganzon

The US sub-prime mess hardly created a ripple in the local banking industry. However, when a group of rural banks owned by the Legacy Group declared a bank holiday towards the end of December 2008, the rural banking sector, particularly where there were Legacy banks located, were severely affected.

The largely rural depositing public began questioning whether in fact, the rural banks they were patronizing were stable or would also close or go on bank holiday.

Bangko Kabayan has a 13-branch network in the province of Batangas, with about P1.2B in deposits, as of year-end 2008. We are a 52-year old institution and had enjoyed a good reputation in the communities we were present in.

Bangko Kabayan

Video - Bangko Kabayan - MABS EAGLE Documentary

Philippines

Scritto da Antonella Ferrucci Martedì 07 Agosto 2007 16:28

Video - Bangko Kabayan - MABS EAGLE Documentary

This video highlights the best practices and achievements of MABS participating bank Bangko Kabayan.