Four local firms and two corporate heads were recognized during the first ASEAN Business Awards Philippines, the local counterpart of the regional ASEAN Business Awards. ASEAN Business Awards was established by the ASEAN Business Advisory Council to recognize companies in the region that have contributed to the overall growth of the ASEAN economy. Leading this year’s winners in the Large Enterprise category is listed port operator International Container Terminal Services, Inc. (ICTSI), which received the award for corporate excellence.
MANILA, Philippines - Six Filipino firms will represent the country in this year’s regional ASEAN Business Awards to compete for the honor of being named as the most admired enterprises in the region. Leading this year’s cast is port giant International Container Terminal Services Inc. (ICTSI), a developer and operator of container terminals in gateway ports in over 20 countries across Asia-Pacific, the Americas, Europe and the Middle East.
MANILA, Philippines – Fifty-six small and large Philippine companies are vying for the inaugural Asean Business Awards Philippines, which aim to recognize enterprises which explore and harness the opportunities offered by the Asean Economic Community (AEC).
“We are quite pleased with the participation of companies in the first ever Asean Business Awards Philippines. It is our hope that the awards will serve to inspire and motivate more Filipino businesses to participate and become key players in the broader regional market, as well as strengthen the Philippines’ overall competitiveness in the AEC,” Teresita Sy-Coson, Philippine representative to the Asean Business Advisory Council (ABAC) and vice-chair of SM Investments Corp. said in a press statement on Tuesday.
Business leaders support the launch of the ASEAN Business Advisory Council Business Awards, the first ever recognition program for Philippine enterprises which have contributed to the growth and prosperity of the ASEAN economy. Present during the launch were (from left) Jay Yuvallos, ASEAN BAC Philippine member; Edmundo Soriano, FINEX president; Gregorio Navarro, MAP president; Teresita Sy-Coson, ASEAN BAC Philippines member; Finance Secretary Cesar Purisima; Alfredo Yao, PCCI president; and Foreign Affairs Assistant Secretary Luis Cruz. (Source: The Philippine Star)