Business Review - Vol. XXVIII No. 5 - August-September 2012 Issue (Preview)

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Europe News

THE EU IN FACTS & FIGURES

The tallest buildings

Highlights from the European Union’s 27 Countries

Tallest religious building

Ulm Minster, Germany

161.53 m

Tallest high-rise building

Shard London Bridge, United Kingdom

310 m

Tallest building

Broadcasting Tower, Gufuskalar, Iceland

412 m

3,400 m

for comparison Highest Volcano

Etna, Italy

Highest Mountain

Mont Blanc France/Italy

The largest airports

4,810 m

The largest ports

passengers handled per year 70 million

tonnes of cargo handled per year 54 million

52 million

429 million

178 million Heathrow London

Charles de Gaulle Paris

121 million

Frankfurt Airport Frankfurt Main Rotterdam Netherlands

DE Magazine Deutshland 2/2012

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Graphics: Dieter Duneka

August-September 2012

BUSINESS REVIEW

Antwerp Belguim

Hamburg Germany


Feature DRIVING CULTURE CHANGE:

Radical Progress achieved to promote Integrity

I

ntegrity is now an honored guest at the Philippines’ table.

Once overshadowed by a systemic corruption abetted by previous government leaders, Integrity is today recognized as the even hand that levels the playing field so that business can be conducted at the speed of competition and not at the mercy of corrupt politicians. Integrity has become a powerful, existential force that has boosted economic growth. It has restored trust in government and with trust many good things are becoming possible for the Philippines. The victorious ascendancy of Integrity was the heartwarming backdrop to the 2nd Integrity Summit organized by the European Chamber of Commerce of the Philippines (ECCP) and the Makati Business Club (MBC) last September 18. Over 500 visitors attended the conference at the Hotel InterContinental Manila. The high quality of the conference’s speakers, especially those from the national government, testified to the enormous importance now attached Integrity is within government and as a way of conducting business with government. The government’s speakers were led by President Benigno Simeon Aquino III; Chief Justice Maria Lourdes Sereno; Secretary of Public Works and

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August-September 2012

Highways Rogelio Singson; Secretary of Budget and Management Butch Abad; Kim Henares, Commissioner of the Bureau of Internal Revenue and Lilia de Lima, Director General of the Philippine Export Zone Authority. Pres. Aquino, Integrity’s poster man, set the tone for this day by affirming the role Integrity played in restoring Philippine economic growth and reaffirming his commitment to ethical government.

BUSINESS REVIEW


For the first time in Asia, experience a European Christmas on ice as we turn the SM Mall of Asia Ice Skating Rink into a traditional Christmas village!

Christkindlmarket CHRISTMAS CELEBRATION A EUROPEAN

ristmas Pass to a EuropandealivenenteCh Your Boarding with rtainment! authentic European food 7 days of holiday shopping

| Heavenly Workshop Musicals | Lantern Parade | Treasure Hunt | Sharing Village Choir Competition | Cultural Night Performances | Plays & g & Sled Ride Skatin | Claus Santa g Demonstrations | Picture Taking with Wishing Station | Fairy Tale Hour | Laser Light Show | Cookin

Date -09, 2012 DECEMBER 03 Y MONDAY-SUNDA

Class

Time

Venue

10am-10pm

ASIA SM MALL OF RINK ICE SKATING

SS CLASS WORLD BUSINE

Departure

Christk PEA A EURO

indlmarket

AS CELEBRATION N CHRISTM

Arrival

EUROPE

MANILA

Ticketing Booth

ATING RINK ASIA ICE SK SM MALL OF

Ticket Price

ay Php 200.00/d

w w w. c h r i s t

kindlmarke

t.com.ph

T: 845-1324 | F:

ket.com.ph

@christkindlmar

759-6690 | E: info

For interested vendors, contact: Kristian Panganiban Tel. No. : 845-1324 loc 231 | Fax No. : 759-6690 | E-mail : kristian.panganiban@eccp.com

SHOPPING CATEGORIES: PASTRIES, BREADS, & SWEETS | BRATWÜRSTE & SPICES | PASTA & PIZZA | COLD CUTS & CHEESE | LIQUORS, WINES, & BREWS CHRISTMAS DECORATIONS | TOYS | CERAMICS, PORCELAIN, & GLASS ARTS | ARTS & CRAFTS | FASHION ACCESSORIES | OTHER CHRISTMAS GIFTS PLATINUM SPONSORS

MEDIA PARTNERS

Sense&Style WOMAN, MAKE A DIFFERENCE

PROGRAM PARTNERS

SILVER SPONSORS

OFFICIAL PRINTING PARTNER

ACCOMMODATION PARTNER

FURNITURE PARTNER


Member’s Corner New Members KAPCO Manufacturing Inc.

Radius Telecoms Inc.

Lots 1&2 Blk. 15 Phase 3, PEZA, Rosario Cavite Tel. No. : (046) 437-1818 to 20 Fax. No. : (046) 437-1821 Primary Representative: Yoshihika Kurosaka - President Activities : Metal Surface Treatment & Plating that caters for hard distk drive, electronics, medical, & aerospace industry

12F Tower 2, Rockwell Business Center, Meralco Compound Ortigas Avenue, Pasig City, 1604 Tel. No. : 988-5600 Fax. No. : 584-3907 Email : inquiry@radius.net.ph Website : www.radius.net.ph Primary Representative: Raymond B. RaveloPresident/CEO Activities : Fiber optic data connectivity solution

Norma Group (Asia) Pte. Ltd. Unit 20A Net Lima 5th Avenue corner 26th St. Crescent Park, West Bonifacio Global City, , Taguig City Tel. No. : 669-2712-13 Fax. No. : 651-5901 Primary Representative: Crsitopher Mercado - Country Sales Manager Activities : Global market leader in Engineered Joining Technology and provide Joining Solutions for customers by meeting their individual needs.

PNOC Renewable CorporatioN PNOC Building 6 Energy Center Rizal Drive, Fort Bonifacio Taguig City Tel. No. : 789-7662 local 7759 & 5002 Fax. No. : 840-1458/ 812-5931 Primary Representative: Roger Victor E. Buendia - OIC, President and CEO Activities : The primary vehicle of PNOC in promoting, developing and implementing new and renewable energy sources in the country

Thunderbird Filipinas 9th Floor Solar Century Tower H.V. Dela Costa corner Tordesillas Street, Salcedo Village Makati City Tel. No. : 632.885.6666 Fax. No. : 632.894.3333 Email : kagmata@thunderbird-asia.com Website : www.thunderbird-asia.com Primary Representative: Fabio Moreeti - Chairman Activities : Hotel and Resorts

Metro Dental 2F Algo Center Building 1621 LP Leviste St., Salcedo Village, Makati City Website : www.metrodental.com.ph Primary Representative: Mr. Frederic G. Peignon - COO Activities : Dental Services

Find out what's happening at the ECCP and get the latest updates on the Philippine-European business community. Like

Follow us on

www.facebook.com/eccponline

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August-September 2012

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BUSINESS REVIEW


Impressum

Business Review Published by European Chamber of Commerce of the Philippines (ECCP) Main office: 19/F Philippine AXA Life Centre Corner Sen. Gil Puyat Ave. and Tindalo St., Makati City, Philippines Tel: (02) 845 1324, 759 6680 Fax: (02) 845 1395, 759 6690 Cebu branch: 3/F C. L. Center 14 Juana Osmeña St., Cebu City, Philippines Tel: (032) 253 3389 254 3765 254 3767 Fax: (032) 253 3387 E-mail: info@eccp.com ECCP is on the World Wide Web at: http://www.eccp.com

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ECCP Board of Directors Michael Raeuber - President Erik Moeller Nielsen - Vice President Cyril Rocke - Vice President Consuelo Garcia - Treasurer Ed Chua - Director Anthony Cripps - Director Richard Eldridge - Director Bodo Goerlich - Director Rico Gonzales - Director Guenter Matschuck - Director John Miller - Director Bernard Poplimont - Director Philippe Reveilhac - Director Jose Luis Romero Salas - Director Roland van Wijnen - Director

Honorary Auditors KPMG Manabat Sanagustin & Co.

Submissions Articles and other materials of interest to the general membership are actively solicited and may be sent to the Chamber All materials submitted for publication become the Chamber’s property and are subject to editorial review and revisions.

Subscription service Subscriptions from non-members are also accepted: in the Philippines: Pesos 1,500 (6 issues); Individual copies may be purchased locally at Pesos 220 (members) and Pesos 250 (non-members); and for companies outside the Philippines at US$25.00.

reasons why you should join the ECCP

1.

Business support – Receive comprehensive and effective business support from industry and support committees and a team of dedicated government relations staff.

2.

Business advocacy – Take advantage of the chamber’s more than 30year track record in successfully addressing business issues with the Philippine government – both national and local.

3.

www.eccp.com

Networking & business opportunities – Meet and exchange views with some 700 local and foreign senior business executives that are active in various business and social activities each year, in Manila and Cebu.

Reproduction No part of the Business Review may be reproduced or transmitted in any form or by any means, electronic or mechanical without prior written permission. Circulation 1,000 copies of the Business Review are distributed free of charge on a bi-monthly basis to ECCP members, friends of ECCP, as well as to industry associations and government officials with whom the Chamber has dealings.

communication, business continuity, soft skills, HR management, and quality management. We also provide local and international coaches. 8.

Business promotion – Promote your business to a targeted audience of senior business executives through the introduction of potential business partners, sponsorship of high-profile events, and promotion through the chamber’s publications and websites.

9.

Trade fair participation – through its affiliate fairs&more, the chamber offers a wide range of trade fair services, from booth / pavilion design to stand construction, from marketing collaterals to pavilion management, from product selection to design support – in Asia, Europe, the Middle East and the United States.

10. Social & community activities – Enjoy high-quality social and sports events, organized and managed by the chamber, for members and third parties, including golf events, soccer tournaments, fashion shows or wine tasting. 11. Corporate Social Responsibility – Be part of the chamber’s CSR activities, from ‘English is Cool’ to ‘Retirement & Healthcare’, from ‘OneFilipino.Net’ to the promotion of creative industries.

4.

Government relations – Interact with senior government officials of relevant departments at meetings, round tables, and social events.

5.

Relevant, up-to-date market information – Receive frequent updates and analysis on the business and regulatory environment through e-mail, eccp@work, and the Business Review.

6.

Alternative conflict resolutions – Make use of our network of partners in resolving disputes without going to court.

13. Special member services – Make use of our special services in visa and work permit support through our close working relationship with the Bureau of Immigration.

7.

Training – Attend tailor-fit seminars and training courses with worldrenowned experts covering areas such as leadership, management, project management, negotiation and presentation skills, cross-culture

14. Consulting services – Consult with experts for advice concerning the selection of partners and on handling specific business issues vis-à-vis the government.

August-September 2012

12. European Chamber network – Tap into the expertise and experience of European Chambers and European Business Organizations in surrounding markets and around the world.

BUSINESS REVIEW



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