Metro Bank " Banking on the Strength of the Nation", the most  Strongest   Bank in the Philippines for having the highest adequacy capital ratio  of about 19 %. 

Metrobank " Banking on the Strength of the Nation", once again closes its book for its annual 2014 with high flying grades. Mr. Arthur Ty, presiding officer of the meeting gladly inform the bank stockholders that the bank has its enough strength for the possibility and imminent risk such as the stringent regulations being implemented by the Central Banks and Monetary Policy making bodies, thus the banks were able even to comply with the rigid high capitalisation required by the BASEL III, a Global Banking Benchmark ( SWISS), and the very stiff banking competition in the Philippine Banking Industry arena. 

The top honcho  discloses also to the stockholders  its medium term plan for the strategic growth of the Metrobank. Expansion of branches and its core business services and products, excellent customer service delivery and further continually improve its internal operations efficiency. 

Moreover, the Metrobank is geared for an over all " Focus", on its strategic main clients the SME and the Med Clients. By building a deepening relationship , diversification of its traditional core business, enlarging its business clients , prospects and maximising its gross sale opportunity .

The Banks likewise is poise to focus to its " customer". The company is very aggressive on its market research , customer analysis, excellent customer service experience, and over all system enhancement. 

The greatest strategic move that the bank , have been initiated so far  on its 2014 reports is by issuing stock offering for about 32 Billion, solidifying  the "strength "of the Metro bank to have a capital adequacy ratio of 19 % , the highest among its competitors  in the industry , nationwide perspective.

Henry Estipona

Philippines

www.on-linexpress.blogspot.com

Marriott Hotel hosted : FIABCI Gala Dinner Awards Night 

The Champions of Real Estate developers in the Philippines , have been given recognition tonight ( April 17, 2015 at newly inaugurated Marriott Grand Ball Room, New Port City ,Pasay City Philippines attended by Vice President of the Republic of the Philippines Jejomar Binay , Senator Cynthia Villar , FIABCI World President Robyn Waters and FIABCI -Philippines chairman of the board / 2015 Awards Committee Chair Mr., Florentino S. Dulalia Jr., hosted by Jimmy Cura ,CREBA
and former Miss Universe -Philippines Miss Mirriam Quiambao.

2015 FIABCI Awardee:

Mr. Andrew L.Tan
Prix D Excellence
Over all outstanding developer ( MegaWorld Corporation)

Property Man of the Year 2015

1. Residentail Developer ( Vertical)= Robinson land

2. Residential Developer (Horizontal Mass Housing)= Fiesta Communities

3. Residential Townhomes= Grand Monaco

4. Outstanding Office Developer = Megaworld Corporation

5. Township Mix Use Developer= Megaworld Corporation

The awards night , capped and the culmination of the whole day affair , celebrating the 19th FIABCI Asia Pacific Regional Secretariat Summit " Cities of the Future" for Asia Pacific ( April 17,2015 @ Marriott Hotel).

Todays event major sponsors : Marriott Hotel, MegaWorld 25 Year Building Vision , Pag Ibig , Dulalia Homes, Grand Monaco, R-II Builders , Inc., Vista Land , Palafox , iTPi Ital Pinas , CATHAYLAND, Philippine Retirement Authority, ANC The ABS-CBN CHANNEL, BizNews Asia, Philippine realtytv.

Announcement: FIABCI 66th World Real Estate Congress Kuala Lumpur , Malaysia 

May 26-28 , 2015 - Committee Day

May 29-31,2015-  Congress Proper 

Henry Estipona
Philippines
www.on-linexpress.blogspot.com

International Container Terminal Services , Inc.  annual stockholders held......

Just recently that I have developed a habit attending annual stockholders meeting of various company's in the Philippines primarily because of over  flowing coffee, tea  and Juices ( Pine apple, apple, mango ,orange).

 To be true it also bring me to a different places of events venue which is extra ordinary. Some of this places  are only a place to be dream off ,beautifully design and exceptionally done architecturally.

This new acquired habit of mine, introduces me to some one in the who's who , respected , accomplished  personality in the corporate world  .

In the recently , concluded annual stockholders meeting of International Container Terminal Services , Inc., presided by no less than its Chairman  Sr. Enrique Razon held at Solaire Resort and Casino proved a new adventure again for me. 

Lounging in side , the Solaire Resort and Casino  newly opened ( Nov. 2014) , Sky Tower ( all suites  room only) , lounge area bewildered me with a feeling like " send in the clouds". With grand piano playing its all round organ with a jazzy tune " send in the clouds", and the greatest hits of all time repertoire ,made my life to a new heights of endless discovery in the rapidly urbanites landscape of the new Manila Reclaimed Bay.

The Sky Tower , reception area is truly magnificent. Its emblem is, its ultra grand high ceiling pyramidal dome, made of clear glass clasped with an all white steel balustrade .The dome, picture the passing rolling cotton clouds and turquoise sky , all on its natural beauty and sun light. 

The ambiance is perfect. The piano music accompaniment is just a back drop from the artificial cascading music by running water falls . Aged ferns ,hydrangeas are every where. 

The center piece of the Sky Tower , reception lounge area is the grand piano elevated enough for its demeanor. Accented with ultra chic sits design from a minimalist ,yet exudes an elegant of cleanliness .It upholstered with a virginal white Belgian leather with a black edge wood lining . 

Every walls on along the lobby, is decorated with large frame murals on canvass of oil paintings .

Much more  alluring , when one would decides to feel and grasp the 360 degrees ambiance of the place , one would love to book  for a night  stay in the sky tower suites with "gusto".

Imagine sun bathing your self under the summer sky  ,or sub merge your self in the  bluish refreshing water of the   swimming pool by the bay , just beside the Manila Sea break water . Or just lounging by the pool sits with your couture origami abaca hats source from Bicol, with your "buko juice" on the side.This one of a life time escapade is worth a million experience ,if you spend it with Solaire Resort & Casino.

Bring back, to my sensibilities and the mean reason that brought me to the enigmatic place is the annual stockholders meeting of International Container Terminal Services , Inc.,

Today's meeting ,that the following newly board of directors is nominated and voted with out question .They are , Mr. Jon Ramon Aboitiz, Mr. Octavio Victor R. Espiritu(independent), Mr. Joseph R. Higdon (independent), Jose C. Ibazeta , Stephen A. Paradies, and Andres Soriano III. 

"The Chairman's report:"

The chairman is happy to report to its stakeholders  of ICTSI ,International Container Terminal Services , Inc.,  for the 24 percent increase of Revenue benchmarking US$1.1 Billion for 2014 compared to last year of US$ 852.1 million,2013. 

This is partly due to the 45 percent growth from the service consolidation in China .

"2014  Highlights:"

The global presence of the ICTSI , added to its portfolio a newest state of the art terminal in port of Manzanillo ,Mexico to be managed by Contecon,  joint venture project  river port development  in DR.Congo,port in Matadi ,Democratic Republic of Congo , Nigeria, Africa's ICTSI foot print via Lekki international container terminal 25 percent of which is signed and agreed to sell to CMA., Middle East via (GCPI), General Company for Ports of Iraq ,project portfolio is a full integrated terminal services from operation, development, expansion of general cargo ,and container facilities af the Port of Umm Qasr.,

To add more to ICTSI, global domination it managed to sealed a contract the first in Oceania Region via ( VICT) Victoria International Container Terminal thru Port of Melbourne for the development of , management , operation  of the Terminal Empty Container Park in Webb Dock East  to operation by 2017.

ICSI is actively on the process of looking a new partner in India, since its termination of contract in Larsen & Toubro for the Kattupalli Container Terminal in Terminal in Tamil , Nadu India.

"Group Volumes:"

The , chairman reported that of seven operations in Manila, Brazil, Poland, Madagascar, China , Ecuador and Pakistan accounted for 70 percent of the groups consolidated volume.  

Hence , the ICTSI group consolidated volume of 7,438,635  TEU's , 18 percent of which ,more than 6,309,840 TEU's from 2013.

 

The increase is mainly due to volumes generated by new operations in Mexico, Honduras, port consolidation in China and a 20 percent volume growth in Poland.

"Citations:"

The ICTSI ,awarded the " corporate excellence award "by ASEAN business advisory council, "icon of corporate governance " by  Corporate Governance Asia -Hongkong,  "port project sponsor award" from World Finance -UK, "Asian all stars", by Nikkei Asian Review -Japan, "elite company in Asia"by the Asset -Hongkong .

"Moving Forward":

The company remains to be steadfast , innovate and value the culture of biodiversity in dealing with global business and would be very happy to be entrusted and moral supports of its stake holders.

Henry Estipona

Philippines

www.on-linexpress.blogspot.com

The Technology of Innovation : as a catalyst of Growth for IMI ( Integrated Micro Electronics Inc.)
For the total world out put for innovations of 1. 8 trillion USD , the company managed to capture the 28 percent of which , commanding the status as the 18th major supplier to the world. This means there is enough avenue to explore for expansion.
The company's strategic move either for acquisition , transferring capabilities or creatively pursuit inter operability from business to business or business to user are of the many options that IMI would like to venture in the future, this is according to Mr. Artur Tan, the president of the IMI.

The global economy , from quantitative easing of European Union members to the post bail out mode in the United States of America , the Abenomics of Japan, and the 7th level almost contained growth of China, seems pacified conducive enough for the world market of the semi conductors, manufacturing sectors of heavily innovative technology like of IMI.
From the forefronts of automotive engineering designs products which is the driver of growth of the IMI company its level up to a more complicated Health related innovations. However due to FDA , regulatory compliance that constraints the company to fully engaged with the said niche. Having said that, the company is expected for a 3 percent growth in the medical segments , from the European Markets .
The company is expected to expand for I billion growth this comes 2016.
This is greatly possible given the company global footprints .



Henry Estipona
Philippines

April 07, 2015 , Makati Philippines - Integrated Micro-Electronics Inc. (IMI) , one of the leading worldwide providers of electronics manufacturing services (EMS) and power semiconductor assembly and tests services announced a 13 percent revenue growth to $844.5 million in 2014 from $ 745 million in 2015,outperforming EMS industry's single-digit growth rate. The corresponding net income reached $29 .1 million , almost thrice that of last year's $10.5 million . The announcement was made during IMI's annual stockholder's meeting this afternoon at the Fairmont Hotel in Makati.

Jaime Augusto Zobel de Ayala , chairman of IMI, said , IMI's remarkable growth is a result of various drivers- a wider and more diversified geographic footprint, a steady increase in demand from the original equipment manufacturer customers, and a deep focus on product innovation and customer service. More importantly , we have improved our use of manufacturing technology and design intelligence in our products and operations".

IMI president and chief executive officer Arthur Tan aaid that IMI's strong performance in 2014 "was partly due to the recovery of the global economy , in particular the United States".

Tan added, " The strategic activities in revenues compared to last year's - IMI China up by 17.5 percent , and Psi Technologies Inc., IMI's subsidiary, by 4.2 percent.

At the forefront of innovation

All IMI sites continue to innovate at the assembly lines, strengthening lean manufacturing programs to improve line efficiency. Its technology groups collaborate with one another and with customers to develop platforms or baseline technologies in areas such as camera and imaging, motor drives , power modules, lighting systems , short range wireless, human -to -machine , interface , sensors and medical electronics.

Its design and Development group in the Philippines focused on enhancing its automotive camers as part of advanced driver assistance systems (ADAS) . In 2014 , IMI released samples of two low - voltage differential signaling (LVDS) minicube camera plaftorms , offering the smallest footprint and demonstrating advanced heat dissipation features.

Also in 2014 IMI's Advanced Manufacturing Engineering group in Tustin, California , developed a product line of LED lights for high-end applications , an implanted never stimulator , and a product line of power modules. Its Test and Systems Development group based in Asia completed projects that included power supply modules and mechanical systems for semiconductor handlers, built -to- configure automated test equipment , and electronic assembles for computer controlled cutting (CNC) machines and servo- actuator test systems for testing aerospace products.

The automation group based in IMI Czech Republic developed robot-based systems to enhance plastic injection operations in IMI Mexico and IMI Bulgaria . This competency center also supports the company's cost-effective automation programs in China.

Aligned with Market trends

Tan said IMI is very much aligned with market trends, keeping its focus on high growth and high margin market segments. One such trend is the growing demand for automotive electronics due to the increasing number of cars and their rising electronic content.

IMI is also geared up to technology advancements in the medical field. The reality of doing remote medical diagnosis appears large. According to Tan, the technology is available , and IMI is part of this supply chain.

"We just shipped our prototyped for implantable nerve simulators , which will   allow wireless long distance rehabilitation in physical therapy", said Tan.

Moreover , IMI provides the telecom infrastructure for the internet of things (lot) to happen. According to Mckinsey Institute , the global economic impact of the lot could reach as high as $2.7 trillion to $6.2 trillion annualy by 2025.

A growth company

Tan emphasized that IMI has been able to deliver on its long-term strategies and it continues to grow.

" We're a growth company, and we see that the market remains under served; we're in the right segments , and the customer list that we have comprises the top brands in the business. This speaks volumes about IMI as a company and the products that it builds , " said Tan.

About IMI

Integrated Micro Electronics Inc., (IMI) is one of the leading global providers of electronics manufacturing services (EMS) and power semiconductor assembly and test services with manufacturing facilities in Asia, Europe and North America. It serves diversified markets that include those in the automotive , industrial , medical , telecommunications infrastructure , storage device, and consumer electronics industries. Committed to cost-effective and innovative customized solutions (from design and product development to manufacturing and order fulfillment ), the company's comprehensive capabilities and global manufacturing presence allow it to take on specific outsourcing needs. A subsidiary of Ayala Corporation , IMI is listed on the Philippine Stock Exchange . For more information , visit www.global-imi.com

Ayala Land Stockholders meeting: " on building sustainable communities",

Fernando Zobel de Ayala , presiding chairman of  Ayala Land takes the  company's total performance to a new height. Soaring the profit for about P 14.8 B  , a remarkable 26 percent higher comparative to last year performance , surpassing the goal of P 10 B  launched in the company's slogan 10.2015 since 2009. Today's net income equates to a return on equity for about 14.4 percent.

Now ,the company's milestone is to reach far higher than 40 B USD, dubbed as 2020 - 40 BUSD.

The pioneering real estate developers known for its remarkable quality which adheres to sustainable green communities , the Ayala Land is about to make another statement in the years to come.

From the total 74 projects worth P 133 B , the company's netted reservations sales P 101. 7B . These comprises Malls ( gross leasable areas) 1. 34 sqm., Offices ( gross leasable areas) 612 K sqm, and Hotel & Resorts  2, 172 room keys . These in all  entails the company's total expenditures for about  P83. 3 B.

In all the Ayala Land stock market capitalization ( in billion pesos , as of year end) 2014 is all about 478 , commanding a price per stock ( per share , as of year end) for about 33.70 . In effect this means an earnings per share of 1.05 .

Today's stock holders meeting pressing issues raise in the meeting is the Ayala's Land low density qualitative core of engineering and design. As Mr. Turner said, the main foray of the arch of Ayala Triangle could be of great used if it use with more prudent , building more rooms , instead of the original plan of having a grand entrance .

In the foregoing stockholders meeting, corporate governance in effect with the local corporate code have been questioned in the adamant long staying retainers auditing firm  Sycip Gorres and Velayo ( SGV) . The chairman replied " since the company is a public listed company , the required policy of rotating an auditing partner is observed ,not necessarily of the auditing firm". Yes the chairman further said, that the Ayala Land , is a consistent hall of famer in the best practices of corporate governance in the Philippines perhaps in Asia. On the issue about the upcoming Asian Integration which denotes the new formula on existing line up of the company board of directors , requiring almost that a company should employed almost majority of the BOD to be an independent director is a major issue to the oldest firm ( establishment ) in the Ayala Land , perhaps in parent holding company which is Ayala Corp..Though it has been said, the Ayala Land, nor the Ayala Corp., have been in compliance with the existing corporate governance  ( Phil. Corp code) on the issue of at least 20 percent of the existing line of BOD be filled up with an independent director.

Another minute scale issue brought in the stock holders meeting is  the rudiment of the documentary processes in reservation ( buying a units ) in the Ayala Land. There is a suggestion to expedite, use the OR instead of temporary which question the binding capacity of the reservation client with the company and its prospect unit to buy. On calls pipeline with regards with the customer service should be on the prompt mode , as suggested by the stockholder .

Hence, another suggestion raised during the annual stockholders meeting for the management of the company to consider with , is the issuance of the certificate income tax with regards to stock dividends , should be given attached with the notice of the stockholders meeting and stock dividends , as suggested . Because for its repercussion in the expediency , magnitude issues .Once a minority share holders , would manually claimed the stock dividends income tax certificate , incurred the later a major expense , netting the former into a deficit status.

On the case of the issue of accreditation to become Ayala Land Partner in sales brokerage, one stock holder suggested , that each seminar ( whole day ) about real estate seminar be accorded with a CPE countenance on the part of the brokerage or the applying license sales agent.

In all , the 2014 Ayala Land stock holders meeting , summarizes that a company is the most admired company in the Philippines , in the steering command of Fernando  Zobel de Ayala.

Infact , the brothers   Fernando Zobel de Ayala and Jaime Zobel de Ayala have neen  hailed as most valuable corporate persona by today's economic standing in the corporate world in the Philippines .

Some one said : Ti Amo  to both brothers , during today's Ayala Land annual stockholders meeting.

Henry Estipona

Philippines

www.on-linexpress.blogspot.com