Ms sect c 20161023 sunday

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Business

SUNDAY, OCTOBER 23, 2016 Ray S. Eñano, Editor / Roderick dela Cruz, Issue Editor business@thestandard.com.ph

FILIPINO EXECUTIVE IN GLOBAL BEST LIST G

lobe Telecom’s Ernest Cu is one of most powerful telecom executives in the world, according to an international magazine. Cu has been the president and CEO of Globe Telecom since April 2009. Before this, he was the chief executive of SPI Global Technologies, the business process outsourcing arm of the PLDT Group. He graduated from De La Salle University with a BS degree in Industrial Management Engineering in 1982 and obtained a Master in Management (Finance) from Northwestern University - Kellogg School of Management in 1984. Global Telecoms Business, an international magazine, included Cu the Global Telecoms Business Power 100 for 2016, a list of the most powerful telecommunication executives in the world. Cu is the only Filipino executive to make it to the Power 100 and among the top 10 in Asia. Similar to the new selection process it adopted last year, inclusion in this year’s list of Power 100 was divided into a number of different categories such as operators in various parts of the world, over-the-top and content providers, hardware companies, handsets and chips. Cu was listed in the Top Ten Operators from Asia. Cu has been passionately driving a sweeping transformation across the company, including modernizing its network and IT infrastructure, creating a collaborative and serviceoriented culture and product

innovations in its mobile business. Under his visionary leadership, Globe has outperformed industry growth with the company breaking records across all key product groups, brands and market segments by making the Globe brand as the purveyor of Filipino digital lifestyle. Cu is currently leading the company in elevating the state of internet in the Philippines by maximizing the newly assigned 700-Mhz spectrum to provide a faster mobile internet experience to customers and by investing heavily to improve the fixed-line internet to connect 2 million families nationwide by 2020. With this, Globe managed to drive the mobile internet speed ranking of the Philippines in the top 6 in Asia Pacific with an average speed of 8.5 Mbps according to the 2nd quarter Akamai State of the Internet report. The country has now a mobile internet connection speed faster than Singapore, China, Hong Kong, Malaysia, Thailand and Vietnam. Aside from Cu, other telecom executives included in the Top Ten Operators from Asia are Mukesh Ambani, managing director of Reliance Jio; Alex Jinsung Choi, CTO of SK Telecom; Chua Sock Koong, CEO of Singtel; Li Ka-shing, chairman of CK Hutchison; Sunil Bharti Mittal, chairman of Bharti Airtel; Andy Penn, CEO of Telstra; Masayoshi Son, CEO of SoftBank; Hiroo Unoura, CEO of NTT; and Shang Bing, chairman of China Mobile. Global Telecoms Business is the only magazine and website dedicated for senior executives of telecommunication companies worldwide.

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TOP CEO Globe telecom president and chief executive Ernest Cu

JAPAN GROUP BUILDS PH HUB MITSUBISHI Hitachi Power Systems Ltd. has launched its newest global service center in the Philippines at Insular Life Corporate Center, Filinvest, Alabang, Muntinlupa City. The GSC aims to service thermal power plant operators in Southeast Asia, in fulfillment of its goal to solve energy and environmental issues on a global scale. “Our vision is [to provide] power for a brighter future,” MHPS president and chief executive Takato Nishizawa said. “As the population increases, energy consumption also increases, creating more environmental issues that need to be resolved. We want to do this through the most advanced environmental technologies.” MHPS Asia Pacific chief technology officer Hiroshi Fujii affirmed this, explaining that the company aims to provide, through the GSC, optimal operation and maintenance of thermal power plants by harnessing the company’s extensive knowledge and expertise on thermal power systems, and utilizing the latest information and communication technologies. Fujii said GSC would serve as a thermal power generation base in Southeast Asia, which would reduce maintenance costs and help prevent unplanned downtime and power plant outages. “MHPS hopes that through the center’s improvements in power plant availability and efficiency, its client’s asset value will increase,” Fujii said. Trade Undersecretary Rowel Barba stressed the significance of the new center’s presence in the country. He said this new development “attests to Japan’s confidence in the Philippines and in the current President Duterte administration.” Barba said “the DTI is counting on the global service center to make a massive contribution, not only in support of the energy and power sector but also in support of our trade and industry as well.” Japanese Ambassador to the Philippines Kazuhide Ishikawa echoed this sentiment, saying the GSC will strengthen the partnership between Japan and the Philippines by the former’s sharing of advanced knowledge on thermal power generation. “The Philippines faces challenges on energy, security, reliability, and availability within the existing power infrastructure. I see many opportunities for the MHPS global service center to share its expertise and experience with the Philippines,” he said. MHPS’ global service center, located on the 21st floor of Tower 1, Insular Life Corporate Center, is the company’s third remote monitoring center, following those in Takasago, Japan, built in 1999, and Orlando, Florida, in 2001.

OPPA SETS THE STAGE FOR FILIPINO TALENT

The Original Pilipino Performing Arts Foundation announces the first batch of young artists to receive educational grants to pursue careers in the performing arts. Shown are (from left) Emma Rose Almario, majoring in Vocal Performance at St. Scholastica’s College; Orion Flynn, a Music Production freshman at College of St. Benilde; and September Gempesaw, who will be taking up Theater Arts at Meridian International College.

THREE young, aspiring performance artists have been named as the pioneer batch of scholars of the Original Pilipino Performing Arts Foundation. Receiving full scholarships for performance arts courses in OPPA partner schools are Emma Rose Almario, a second year Music Major in Vocal Performance at St. Scholastica’s College; September Gempesaw, who will be taking up Theater Arts at Meridian International College; and Orion Flynn, an incoming AB Music Production freshman at College of St. Benilde. The selection committee is headed

by renowned theater director and OPPA Foundation vice president Michael Williams. The selection panel for the pioneer batch was composed of leading luminaries in the local performance arts industry, such as Philippine Opera Company Artistic and managing director Karla Gutierrez, Manila Philharmonic Orchestra musical director, Maestro Rodel Colmenar, musical theater and opera director Jaime Del Mundo, theater icon and OPPA Foundation president Menchu Lauchengco-Yulo, along with Resorts World Manila chief opera-

tions manager for entertainment Alou Almaden. “We looked for individuals who have both the drive and the talent for performance arts,” Lauchengco-Yulo said. “It wasn’t enough for somebody to just have the natural ability to sing, dance, or act, but we looked for that special spark that we feel could one day uplift the local theater industry.” With help from Travellers International Hotel Group Inc., owner and operator of RWM, the foundation aims to cultivate Filipino talent by supporting Turn to C2


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