Page 1 of 64

REVISED M.A.P. 2016 ANNUAL REPORTas of 12 December 2016

M.A.P. THEME FOR 2016

The M.A.P. Board of Governors adopted “EFFICIENT EXECUTION FOR INCLUSIVEBUSINESS” as the M.A.P. theme for 2016. The M.A.P. believes that improving the ease of doingbusiness in the Philippines will contribute in attracting local and foreign investments, creating morejobs, and ensuring inclusive growth.

The M.A.P. continues to push for reforms and policies that are geared towards capitalizingon disruptive technologies and fostering an enabling business environment, particularly inadvocating for practical business solutions to surmount the many challenges our society faces.

As a catalyst for management excellence for nation-building, the M.A.P. works with itsmembers and partners with other business organizations, the government and civil society inconducting programs that promote good governance, global competitiveness and sustainabledevelopment to uplift the lives of Filipinos.

PRIORITY PROGRAMS FOR 2016

1. EASE OF DOING BUSINESS

Helping improve the “Ease of Doing Business” (EODB) in the country was the flagship programof the M.A.P. in 2016. M.A.P. is fortunate that EODB is included in the 10-point Socioeconomicagenda of the Duterte Administration. Through the Program, the M.A.P. agreed to look at howit can help improve the government’s business registration/accreditation process, address theother bureaucratic problems faced by prospective investors, and offer practical businesssolutions for government’s consideration.

The M.A.P. conducted the following activities in line with its EODB program:

1.1 March 29 M.A.P. General Membership Meeting (GMM) with former Bureau of InternalRevenue (BIR) Commissioner KIM S.JACINTO-HENARES

The M.A.P. Tax Committee spearheaded theMarch 29 M.A.P. GMM with CommissionerHENARES who spoke on the topic “THETAXMAN COMETH: Can BIR and BusinessLive Happily Ever After?,” particularly on issuespertaining to BIR performance, where the taxesgo, tax reforms, programs/initiativesimplemented to improve customer service,plans/initiatives for 2016 to further improvecustomer service, among others.

Comm. KIM HENARES (left) and M.A.P. TaxCommittee member TAMMY LIPANA (Q&AModerator)

Page 2 of 64

1.2 April 6 Dialogue with former Department of Trade and Industry (DTI) Secretary ADRIANS. CRISTOBAL, JR.

In the Dialogue, the M.A.P. and the DTI agreed to work together on the following items:

1.2.1 Help DTI for its Anti-Red Tape Program with the Civil Service Commission andthe Investment Ombudsman in order to improve the EODB in the Philippines andreduce the business processing into 3 days.

1.2.2 Join a meeting of DTI, DA and DOST in order to discuss the following issuesconcerning EODB

(a) Minimize complications in coordinating with the three governmentagencies in terms of processing requirements for importation andexportation.

(b) Help the DTI in leading to reform the regulatory regime in order to attractmore foreign investments.

(c) Participate as Partner for the DTI SME Roving Academy (SMERA) whichis a management training program for would-be entrepreneurs, SMEowners, and managers of micro and small to medium-sized businesses.This initiative is meant to provide continuous learning program forentrepreneurs to help them better set up and step up their operations andimprove their competitiveness, thereby facilitating easier access todomestic and international markets.

(seated l-r): M.A.P. Secretary CHIT JUAN, Vice President MARIFE ZAMORA, Sec.ADRIAN S. CRISTOBAL, JR., President PERRY PE and Governor EDDIE YAP(standing l-r) Trade, Industry and Tourism Committee (TITC) Member EDBAÑAGA, TITC Co-Vice Chair CHARLIE VILLASEÑOR, TITC Co-Vice Chair JOEMAGSAYSAY, National Security Committee Chair MAYO LOPEZ, TITC MemberMARIVIC ESPAÑO, CSR Committee Chair ED AMISTAD, TITC Member CHINGLINGTANCO, TITC Chair RUY MORENO and Tax Committee Chair ALEX CABRERA.

Page 3 of 64

1.3 May 31 M.A.P. GMM with Philippine Competition Commission (PCC) Chair ARSENIO “Arsi”M. BALISACAN

On May 31, M.A.P. had its GMM with PCC ChairBALISACAN on “Leveling the Playing Field forBusiness Competition.” Sec. Balisacan presented howthe M.A.P. and the PCC can work together in theeffective implementation of the Implementing Rules andRegulations (IRR) for Republic Act 10667 or “ThePhilippine Competition Act of 2015,” a game-changinglegislation that aims to create a level playing field forbusinesses for the ultimate benefit of consumers.

1.4 August 30 M.A.P. GMM with Department of Transportation (DOTr) Secretary ARTHUR “Art”P. TUGADE, JR.

On August 30, M.A.P. had its GMM with DOTrSecretary TUGADE on “METRO MANILATRAFFIC WOES: Is there a solution in sight?”Secretary Tugade presented the DOTr’s planson how to solve the traffic and transportationproblems in Metro Manila, and how theproposed emergency powers will be utilized, ifgranted by Congress.

1.5 November 8 M.A.P. GMM with the Philippine Ambassador to China, Amb. JOSESANTIAGO “Chito” L. STA. ROMANA, and the Philippine Ambassador to Japan, Amb.JOSE “Joey” C. LAUREL V

At the November 8 GMM, Amb.STA. ROMANA (right) and Amb.LAUREL (left) shared theirviews, particularly on what thebusiness community can expectfrom the new opportunities forsocial and economic cooperationbetween Japan/China and thePhilippines.

Dr. ARSI BALISACAN with M.A.P.Programs Committee Vice Chair MALOUCRISTOBAL (Emcee and Q&A Moderator)

Sec. ART TUGADE (left) with M.A.P. Traffic,Transportation and Infrastructure CommitteeGovernor-in-Charge EDDIE YAP (Q&A Moderator)

Page 4 of 64

1.6 November 29 M.A.P. Annual General Membership Meeting and Presentation of “M.A.P.Management Man of the Year 2016” for Approval of M.A.P. Members

At the November 29 GMM, Mr. MANOLITO “Lito” T. TAYAG,Vice Chair of the IT and Business Process Association of thePhilippines (IBPAP) and Country Managing Director ofAccenture, Inc. (Phils.), made a presentation on “TheBusiness Process Management (BPM) Roadmap 2022.”

A Panel Discussion on “THE FUTURE OF THE FILIPINO MIDDLE CLASS (Will The BPOIndustry Get Trumped?)” was held with the following panelists:1.6.1 Mr. RAINERIO “Bong” M. BORJA, Treasurer, IBPAP; President – Asia Region,

Alorica Corp.1.6.2 Ms. MARIA CRISTINA “Cristina” H. CONCEPCION, President and CEO,

Business Process Outsourcing International, Inc.1.6.3 Ms. CATHERINE “Cathy” S. ILETO, Trustee, IBPAP; Senior Director and Asia

Pacific Leader for Marketing and Public Relations, Sutherland Global Services1.6.4 Ms. MA. VICTORIA “Ivic” P. MUECO, President, Convergys Asia Pacific1.6.5 Mr. DANILO SEBASTIAN “Dan” L. REYES, Chair, IBPAP; Country Manager,

Genpact Phils.1.6.6 Mr. MANOLITO “Lito” T. TAYAG, Country Managing Director, Accenture, Inc.

(Phils.)

Mr. COCO ALCUAZ, former Head of ANC Business News and former Manila BureauChief of Bloomberg News, as the Moderator.

2. EMERGE (Educated Marginalized Entrepreneurs Resource GEneration) PROGRAM

2.1 The EMERGE Program aims to assist the entrepreneurial poor, the retired governmentemployees, the families of uniformed services and the returning OFWs who would like togo into the following projects/businesses which have big potential for growth and jobgeneration: (a) Agribusiness, (b) Tourism, and (c) Food and Beverage.

(l-r) Mr. COCO ALCUAZ, Mr. BONG BORJA, Ms. CRISTINA CONCEPCION, Ms. CATHY ILETO, Ms. IVICMUECO, Mr. DAN REYES and Mr. LITO TAYAG

Page 5 of 64

2.2 The 3 key components of the EMERGE Program are:

2.2.1 FUNDING – The Program finances the equity requirements of the proposedproject/business, with the balance to be sourced through a bank loan.

2.2.2 MENTORING - The Program has a pool of mentors whose main tasks are to helpin developing a business plan, securing a bank loan, and formulating the requiredmanagement systems for the project/business.

2.2.3 VALUES FORMATION - The Program teaches the participants the values ofresponsibility and honesty. The participants are taught how to give back whenthe project/business starts making money by having them agree that a portion ofthe project/business’ net income will be given back to the EMERGE Fund to makeit sustainable.

2.3 The Program already generated 19 Partners-in-Mission who are expected to inform theirconstituents about the program and help nurture the projects/businesses to becomesuccessful enterprises that will continuously create jobs.

2.4 Thirty-four (34) M.A.P. members have signed up as Volunteer mentors for the Program.

2.5 As of 15 November 2016, there was about P800,000 available for equity financing for the4th and subsequent EMERGE projects.

2.6 Following are the three (3) ongoing EMERGE Projects:

2.6.1 First - Nutritional Food Products Project with CHEERS (Community HealthEducation Emergency Rescue Services)

(a) At the 31 May 2016 M.A.P.GMM, the P500,000 equityfinancing was released for the1ST EMERGE project, theNutritional Food ProductsProject with the CommunityHealth Education EmergencyRescue Services (CHEERS)Corporation which wasrepresented by its President, Mr.JOHN ALVIN “Alvin” L.MONTANO. Finished productsare nutritional food (nutri-food)items, like chocolate bars,polvoron & ensaimada using cassava and malunggay flour.

(b) The Department of Social Welfare & Development (DSWD) is one of themarketing partners of CHEERS for the project.

(l-r) Atty. PERRY PE, CHEERS President JOHNALVIN MONTANO and EMERGE CommitteeGovernor-in-Charge POPOY DEL ROSARIO.

Page 6 of 64

2.6.2 Second - Abaca Project with Ecosustain Solutions (ECOSOL)

(a) At the 28 July 2016 GMM, theEMERGE Program releasedthe P500,000 equityfinancing for the 2ndEMERGE project, the AbacaProject with Iligan City, Lanaodel Norte-based EcosustainSolutions or EcoSol whichwas represented by itsFounder, Ms. REGINA“Nanette” SALVADOR-ANTEQUISA (center).

(b) Major buyer of abaca is Newtech Pulp, Inc., a subsidiary of GlatfelterCompany, a 150-year old paper company based in New York, USA.

2.6.3 Third - NAPIER Project with Mr. Felomino Limeta and Roxas Holdings, Inc.

(a) Also at the 28 July 2016GMM, the P300,000equity financing wasreleased for the 3rdEMERGE Project whichis the NAPIER Projectwith Mr. FELOMINOLIMETA (3rd from left)and other farmers as thebeneficiaries with thesupport of the RoxasHoldings, Inc. (RHI) whowill buy the produce ofthe farmers. Napier stalks are used by RHI to fuel the boilers of the sugarmill of RHI’s Center Azucarera Don Pedro, Inc. (CADPI) in Nasugbu,Batangas. Present at the July 28 GMM were RHI Corporate SocialResponsibility Associate FRANCES ARJOHN M. BELEN and Mr. LIMETA.

(b) The principal buyer of Napier is the CADPI, a subsidiary of RHI, known tobe at the forefront of the sugar and ethanol industry.

2.7 The following possible EMERGE projects are under evaluation:

2.7.1 Coffee project with Coffee for Peace in Davao which engages rebel returnees2.7.2 VCO project with Coco Vivre which is based in Zamboanga2.7.3 Stevia tea2.7.4 Seaweed2.7.5 Dragon fruit2.7.6 Garments2.7.7 Bamboo2.7.8 Vegetable farming2.7.9 Food innovation center

Page 7 of 64

2.8 The EMERGE Program will organize a Values Formation Training Program for thementees of the first three EMERGE projects with the following concept and costs:

Concept2.8.1 EMERGE Committee Member Rex Drilon II recommended Mr. Jun Tupaz of

Social Entrepreneurship for Values Formation

2.8.2 From 4 modules of 4 hours each, namely Natural law, Subsidiary, Core Valuesand Family/Community, the program will be consolidated to 2 modules.

2.8.3 Module 1 on Values Orientation will cover 15 sub-topics and Module 2 will coverFamily / Community / Country.

Costs2.8.4 P10,000 per session, exclusive of transportation, food and lodging

3. TRAFFIC AND TRANSPORTATION RECOMMENDATIONS

M.A.P. continues to push for the implementation of the M.A.P.’s Traffic and TransportationRecommendations that were submitted to the government on 27 August 2015 through a paperentitled “Traffic and Transportation Problems of Metro Manila: A Holistic Approach.”

3.1 HIGHWAY PATROL GROUP (HPG) DIRECTOR AWARD

On 5 May 2016, the M.A.P. was giventhe DIRECTOR HPG AWARD duringthe HPG’s 61st AnniversaryCelebration at Camp Crame for theM.A.P.’s “invaluable support to theHPG which immensely contributedtowards the accomplishment of theHPG’s mission in ensuring safety andsecurity of all motorist and road users.”

3.2 M.A.P. URGED THE DUTERTE ADMINISTRATION TO DECLARE TRAFFIC CRISISIN MM

The M.A.P. urged the Duterte Administration to declare a Traffic Crisis and appoint aTraffic Czar in Metro Manila (MM) through its M.A.P. Statement entitled “MAP: declareTraffic Crisis, appoint Traffic Czar in MM”.

(l-r) Philippine National Police (PNP) PoliceChief Superintendent ARNOLD GUNNACAO, PNP

Chief RICARDO MARQUEZ and M.A.P. Traffic,Transportation and Infrastructure Committee

Governor-in-Charge EDDIE YAP

Page 8 of 64

The M.A.P. stressed that first and foremost, there must be an issuance of an ExecutiveOrder to declare that a transportation and traffic crisis exists in Metro Manila and, withthe concurrence of Congress, secure emergency powers for the President to address thecrisis by mobilizing all government resources and undertaking necessary measuresunhampered by appointment, procurement, budgetary and Commission on Auditregulations during its pendency.

Then, there must be an appointment of a Traffic Czar with Cabinet rank in the person.The M.A.P. highly recommended former Secretary of DOTC and DPWH, Jose “Ping” deJesus, to take overall full-time management and control with appropriate powers andauthority delegated by the President to effect the earliest abatement of the crisis.

The Traffic Czar must expeditiously employ all available short-term measures to bringabout the soonest relief, while implementing long-term infrastructure solutions. TheM.A.P.’s holistic traffic improvement plan, while partially implemented by the AquinoAdministration, still contain numerous short-term management and engineeringmeasures that, when implemented, will bring significant positive improvement. Long-terminfrastructure solutions, also contained therein, are designed for long-term sustainableimprovement. The MAP stands ready to constructively engage the Traffic Czar.

3.3 MAY 18 DIALOGUE WITH MMDA

On 18 May 2016, members of the M.A.P. Traffic, Transportation and InfrastructureCommittee had a Dialogue with the Metropolitan Manila Development Authority (MMDA)Chair, Atty. EMERSON CARLOS, and an ocular of MMDA’s TRAFFIC CONTROLCENTER in order to push forward the M.A.P.’s recommendations to solve the trafficproblems in MM.

In the Dialogue, the M.A.P. and the MMDA agreed to work on the following:

(a) Request Congress to provide more powers for MMDA so it can compel all LGUsin MM to cooperate with it and allow it to perform planning, monitoring,coordinating, and implementing functions, and to exercise regulatory andsupervisory authority over delivery of metro-wide services

(b) Advocate for emergency powers for the Duterte Administration to enable theMMDA to abrogate LGU ordinances that hinder the performance of its mandate,particularly in clearing Mabuhay lanes and other alternate routes

(c) Implement short-term measures to lessen traffic, like designating a “pick up anddrop off” point for school service vehicles in nearby malls, instead of the areawithin the schools, encourage the use of high occupancy vehicles (HOV),construction of modular steel bridge along major roads like Ortigas, increasingsidewalk width of areas along EDSA (e.g, the Guadalupe area)

(d) Encourage DPWH and DOTC to work more closely with MMDA

Page 9 of 64

3.4 Continue pushing for the implementation of the M.A.P. Recommendations inSolving the Traffic and Transportation Problems in Metro Manila (MM)

Short-term

3.4.1 Appoint a Traffic Czar to show who is in charge and take overall charge of allmatters related to or affecting traffic and road management (implemented already)

3.4.2 Assign and deputize a specially-trained HPG within the PNP to enforce traffic rulesand impose order on the chaotic traffic (implemented already)

3.4.3 Direct the Traffic Czar to introduce road engineering refinements such as bus lanedelineators on EDSA and other major national roads to increase their efficiencyand optimize limited roadspace (implemented already)

3.4.4 Fast-track the upgrade and capacity expansion of the MRT33.4.5 Upgrade into expressways the existing major national roads (e.g., EDSA, C5,

Roxas Blvd., Diosdado Macapagal Ave., Katipunan, Commonwealth, Buendia,Lawton Ave. in West Fort Bonifacio, Kalayaan Ave., Shaw Blvd., Ortigas Ave., E.Rodriguez, Ramon Magsaysay, Roosevelt, Quezon Ave. and Bonifacio Road inQC)

3.4.6 Improve the resiliency of all national major and radial roads against floods3.4.7 Direct the use of fast construction methods to eliminate traffic-disrupting

intersections on major roads3.4.8 Direct a campaign for private vehicle high occupancy practices

Long-term

3.4.9. Build new bridges across Pasig River. There is over-convergence of vehiclesduring rush hours on the few bridges, particularly at EDSA and C5, to cross thePasig River. Again, using prefabricated steel bridges for fast completion,construction of the long missing C-3 bridge link from Makati to Mandaluyong andanother to link Bonifacio Global City to an appropriate location in Capitolyo, willgreatly disperse vehicular traffic to relief congestion.

(l-r) M.A.P. Executive Director ARNOLD SALVADOR, M.A.P. Traffic, Transportation and Infrastructure Committee(TTIC) Chair RUY MORENO, TTIC member FRED PARUNGAO, TTIC member GLICER SICAT, TTIC Adviser PING DEJESUS, TTIC Governor-in-Charge EDDIE YAP, MMDA Chair EMERSON CARLOS, TTIC Vice Chair JORGE YULO, TTICmember JOE MAGSAYSAY, TTIC member OBET ROBES (partly hidden), and TTIC member THAD LIAMZON

Page 10 of 64

3.4.10.Resolve issues and fast track other mass transit systems

3.4.10.1 Resolve all issues related to the linking of MRT3 to LRT1 and theimplementation of the LRT1 extension to Cavite;

3.4.10.2 Roll out the LRT2 extension line from Santolan, Marikina to MasinagMarket with an intermodal terminus station for convenient and safeinterconnection with other modes of transport, and provide a park-and-ride facility to encourage commuters to take public transit instead ofdriving their cars into the city;

3.4.10.3 Quickly decide on and rollout an appropriate surface mass transitsystem to complement the MRT3 on EDSA. The government mustchoose the most appropriate transit option among many, such as BusRapid Transit (BRT), long-bus train, large capacity articulated citycommuter buses or rail tram.

3.4.10.4 Fast track implementation of the MM north and south commuter rail,including the provision of city intermodal terminals and at outlyingtowns and cities as a means to promote the development of satellitetowns and cities to decongest MM. Include park-and-ride facility toencourage motorists to use public transit.

3.4.10.5 Connect major commercial and residential developments to masstransit systems

3.4.11 Require adherence to best practices for mixed-use property development

3.4.12 Issue an E. O. directing the planning of a high-capacity subway system under theentire length of EDSA

3.4.13 Direct the filing of a legislative bill to restructure governance of MM - An electedGovernor who shall, by law rather than forbearance of the city mayors, be vestedwith authority over matters such as road and traffic management, flood control,urban planning and development, particularly large-scale mixed-use landdevelopments.

Developments: Donation to HPG: In response to request of formerExecutive Secretary Almendras, M.A.P donated in 2015 vitally neededgear to assist HPG do its job properly with the following items: 200 pcs.Each of heavy duty ponchos, rubber boots, reflectorized traffic handgloves, face mask with replaceable filter; re-chargeable LED flashlightsand 6 units of Canon digital cameras. The M.A.P Board approved 50% ofthe total cost and the balance was donated by M.A.P. Governors Perry Pe,Abet Villarosa, members Johnson Tan and Mr. Eddie Yap.

3.4.14 TTIC Chair Eddie Yap has advanced and explained M.A.P.’s plan at various fora,including TV, radio, meetings with government officials and a Senate committeehearing co-chaired by Senators JV Ejercito and Bam Aquino. Mr. Yap continuesto monitor developments and participate in relevant fora to push for theimplementation of M.A.P.’s recommendations.

Page 11 of 64

4. VOTER EDUCATION

4.1 As one of its advocacy programs, the M.A.P. released the circular on the “Scorecard forPresidentiables and other Candidates, a Voter Education Project of MAP.”

4.2 M.A.P. members were requested to disseminate the Scorecard for Presidentiables andother candidates to their friends, colleagues, employees, barangays and constituents.

4.3 The Scorecard featured the five (5) “must” roles of a successful Philippine President asfollows: (1) Navigator-Strategist, (2) Mobilizer, (3) Servant-Leader, (4) Captivator, and (5)Guardian of the National Wealth and Patrimony.

5. “PiliPinas 2016 Presidential Debates” spearheaded by COMELEC

5.1 The M.A.P. was a partner for the COMELEC-spearheaded “PiliPinas 2016 PresidentialDebates.” There were three debates among the presidential candidates and one debateamong the vice presidential candidates which were aired from 5:00 PM to 7:00 PM onthe following dates:

5.1.1 February 21 “PiliPinas 2016 Presidential Debate in Mindanao” at the CapitolUniversity, Cagayan de Oro - Hosts: GMA 7 and INQUIRER

5.1.2 March 20 (Sunday) “PiliPinas 2016 Presidential Debate in the Visayas” at theUniversity of Philippines –Cebu – Hosts: TV5 and PHILIPPINE STAR

5.1.3 April 10 (Sunday) “PiliPinas 2016 Vice Presidential Debate in Metro Manila” at theUniversity of Sto. Tomas - Hosts: CNN Philippines and BUSINESS MIRROR

5.1.4 April 24 (Sunday) “PiliPinas 2016 Presidential Debate in Luzon” at the PHINMAUniversity of Pangasinan – Hosts: ABS-CBN and MANILA BULLETIN

5.2 The objective of the debates was to enable M.A.P. members and other executives tomake wise decisions on who to vote for on 9 May 2016 by providing them a credible,accessible, and affordable platform in which to benchmark presidential and vicepresidential candidates.

6. Joint M.A.P. – MBC 2016 Presidential Dialogues

The M.A.P. co-sponsored with the Makati Business Club (MBC) a series of 2016 PresidentialDialogues which featured the following:

6.1 Independent Presidential Candidate MARY GRACE POE LLAMANZARES on March 16

MBC Chair RAMON DEL ROSARIO,Independent Presidential CandidateGRACE POE andM.A.P. President PERRY PE

Page 12 of 64

6.2 Liberal Party Presidential Candidate MANUEL “Mar” ARANETA ROXAS II on March 30

6.3 PDP-Laban Presidential Candidate RODRIGO “Rody/Digong” ROA DUTERTE on April27

7. “AMBISYON NATIN 2040” AND LONG-TERM DEVELOPMENT PLAN

7.1 The M.A.P. National Issues Committee Core Group members attended the May 6Roundtable Discussion with former Socioeconomic Planning Secretary and NEDADirector-General EMMANUEL “Manny” F. ESGUERRA on “AmBisyon Natin 2040” whichwas organized by M.A.P., MBC and NCC.

7.2 The M.A.P. agreed to work with NEDA for the conversion of the “AmBisyon Natin 2040”into specific goals, and for the Long-Term Development Plan for the Philippines whichthe country certainly needs and which should be followed by national leaders.

7.3 The “AmBisyon Natin 2040” has the following vision:

“In 2040, we will all enjoy a stable and comfortable lifestyle, secure in the knowledge thatwe have enough for our daily needs and unexpected expenses, that we can plan andprepare for our own and our children’s futures. Our families live together in a place ofour own, yet we have the freedom to go where we desire, protected and enabled by aclean, efficient, and fair government.”

MBC Vice Chair JAIME AUGUSTO ZOBEL DE AYALA, Liberal PartyPresidential Candidate MAR ROXAS and M.A.P. President PERRY PE

Presidential Candidate RODRIGO DUTERTE

Page 13 of 64

7.4 The Filipino 2040 or AmBisyon Natin 2040 is an evidence-based product of nationwideconsultations as well as existing data and targets, such as the Philippine DevelopmentPlan, the Millennium Development Goals (MDGs) and Sustainable Development Goals(SDGs). A nationwide survey and consultation had already started with another groupdoing technical work on various topics, themes that are amenable to policy change likehealth, education, environment, innovation and other social issues. The plan will be fora period of 25 years since it will take several years and administrations to achieve a“modern nation” by sustaining economic progress that has been achieved in the last threeto five years of over 6% average annual growth rate.

8. M.A.P. INPUTS TO THE ECONOMIC AGENDA FOR THE FIRST 100 DAYS OF THE NEWADMINISTRATION

One of M.A.P.’s priority programs for 2016 was to submit proposals for the Economic Agendafor the First 100 Days of the New President/Administration.

The M.A.P. agreed to request the Duterte Administration to address the following in its first 100days:

8.1 Certify to Congress as urgent the passage of the following bills:

8.1.1 Traffic Crisis Bill. Issue an Executive Order (EO) to declare that a transportationand traffic crisis exists in Metro Manila and, with the concurrence of Congress,secure emergency powers for the President to address the crisis by mobilizing allgovernment resources and undertaking necessary measures unhampered byappointment, procurement, budgetary and Commission on Audit regulationsduring its pendency.

8.1.2 Freedom of Information (FOI) Bill. While the Congress finally deliberates on thislong-awaited bill, may we suggest in the meantime that an EO be issued tofacilitate the implementation of the major elements in the bill.

8.1.3 Amendments to the Anti-Money Laundering Act that will allow the Philippines tofully comply with the requirements of the Financial Action Task Force (FATF)

8.1.4 Amendments to Bank Secrecy Law that will equip the government with enoughpower to go after criminal elements hiding behind the present law.

8.1.5 Amendments to the Build-operate-and-transfer (BOT) Law that will facilitate theimplementation of the long-delayed major Public-Private Partnership (PPP)projects

8.1.6 Amendments to the Constitution to remove the restrictive economic provisions ora bill to call for a Constitutional Convention to amend the Constitution forratification in a plebiscite to be called not later than May 2019.

8.2 Create a high-level group that will review and make recommendations within 100 days tofast-track the process of implementing and awarding PPP projects, particularly thosepertaining to infrastructure, transportation, energy and water.

Page 14 of 64

8.3 Create a high-level working committee that will review and recommend within 100 dayson how to make the tax system simpler to administer, fairer to taxpayers and moreattractive to investors.

8.4 Issue an EO mandating all concerned agencies to fast-track the development ofinternational airports, particularly those that have already been identified and startedearlier, and decide on the location of a new international airport within 100 days.

8.5 Issue an EO requiring all National Government Agencies (NGAs) and Local GovernmentUnits (LGUs) to submit within the first 100 days their strategic roadmaps and scorecardsthat are aligned to your Administration’s 10-point economic agenda and priorities. Weunderstand that there are already more than 50 NGAs and LGUs who have crafted theirroadmaps and scorecards and that most of the more than 100 government-owned andcontrolled corporations (GOCCs) have already formalized theirs. NEDA’s recently-crafted “AmBisyon Natin 2040” is a good guide in long-term development planning acrossmany future Administrations. It is a good one as it is based on aspiration surveyconducted among the people to determine what they want for themselves and thecountry.

8.6 Issue an EO mandating all NGAs and LGUs to review PPP contracts that are tied up inmajor litigations and/or in the process of arbitration with the objective of resolving thesein the soonest time possible. Honoring and upholding the sanctity of valid contracts willgo a long way in promoting investments.

8.7 Issue an EO to clean the Philippines. Outside of ridding the country of drug lords anddrug pushers, corrupt officials and other criminal elements, we need to clean oursurroundings of dirt, debris, garbage and unsightliness. A simple requirement for allhouseholds and offices to provide rubbish bins everywhere and penalizing littering will goa long way in cleaning up the country.

8.8 Set a deadline of 12 months within which to implement less-paper transactions andreduced red tape in all government offices, most specially in the Bureau of InternalRevenue (BIR) and the Bureau of Customs (BOC), and give the DICT (Department ofInformation and Communications Technology) full authority over all governmentcomputerized services to ensure holistic development of a bureaucracy-wide workingsystem.

8.9 Instruct the Department of Transportation to submit within 100 days its proposed short-,medium- and long-term solutions to the traffic and transportation problems of MetroManila, with EDSA as the priority target.

8.10 Organize a high-level task force - - - composed of National Anti-Poverty Commission(NAPC), Department of Agrarian Reform (DAR), Department of Agriculture (DA),Department of Trade and Industry (DTI) and civil society - - - to deliberate on the issuesof poverty, food security and countryside development and to submit itsrecommendations within 100 days.

8.11 Issue an EO that will establish a National Health Information System within 12 monthsfor better provision and monitoring of basic health services to all citizens, and providethat PhilHealth will cover all costs of medical treatment for those who cannot afford it

Page 15 of 64

8.12 Urge the convening of the Oversight Committee to review and audit the implementationof the Tourism Act of 2009. The Implementing Rules and Regulations (IRR) for theTourism Infrastructure and Enterprise Zone Authority (TIEZA), which should implementthe grant of incentives to tourism investments, should be finalized soonest.

MEMBER BENEFITS

9. ENABLING M.A.P. MEMBERS TO APPLY FOR NBI CLEARANCE DURING M.A.P. GMMs

9.1 As part of its continuing efforts to enhance Member Benefits, the M.A.P. has partneredwith the National Bureau of Investigation (NBI) to enable M.A.P. members to get theirNBI clearances through an on-site processing.

9.2 Facilitating the release of NBI clearances will certainly help improve the ease of doingbusiness in the Philippines.

9.3 The NBI sent a satellite team to the March 29 M.A.P. GMM to process applications ofM.A.P. members for NBI clearance. The NBI clearances were released on the sameday for those “WITHOUT HITS”. The clearances of those applicants “WITH HITS” weresubjected to verification and released through the M.A.P. Secretariat after one week.

9.4 The M.A.P. will continue inviting the NBI satellite team to the subsequent M.A.P. GMMs.

10. JUNE 7 M.A.P. GOLF CUP FOR CSR 2016

10.1 The M.A.P. Golf Cup for CSR 2016 --- held on June 7 at the Wack Wack Golf and CountryClub --- generated an all time-high net income of P1.35 million and all-time high of 133players.

The First Runners-Up (l-r, those holding trophies):ARSENIC LAUREL, VICENTE HIPOLITO, JOSELITO TORRES,POPOY DEL ROSARIO

The Manila Times Executive Editor, President andCEO KLINK ANG, M.A.P. S&F Committee Chair EBOTTAN, M.A.P. President PERRY PE and M.A.P. S&FCommittee Vice Chair PENG PEREZ DE TAGLE

Page 16 of 64

M.A.P. Executive Director ARNOLD SALVADOR, TheManila Times Executive Editor, President and CEO KLINKANG, M.A.P. Governor POPOY DEL ROSARIO, M.A.P.Sports & Fellowship (S&F) Committee Member HELENMACASAET, and M.A.P. S&F Committee Vice Chair PENGPEREZ DE TAGLE

10.2 The Golf Cup was co-presented by MERALCO and THE MANILA TIMES. Thebeneficiaries of the Golf Cup were the following:

10.2.1 EMERGE (Educated Marginalized Entrepreneurs Resource GEneration)Program

10.2.2 M.A.P. Book on the 38 “M.A.P. Management Man of the Year” awardees entitled“WINNING Management Lessons Outside the Classroom"

10.2.3 M.A.P. CSR Case Development Program10.2.4 Children’s Hour10.2.5 Management Educators Workshop (MEW) – M.A.P.’s Teachers Training

Program

10.3 The M.A.P. Golf Cup provides an exciting opportunity for camaraderie and friendlycompetition among M.A.P. members and the cream of management professionals fromthe nation’s leading corporations and business organizations. The event also offersparticipants and sponsors a great opportunity to play a good round of golf and at thesame time be able to do their share for CSR.

The Second Runners-Up (l-r, those holding trophies):JIMMY SANCHEZ, SONNY GO, DANNY FLORES and JORGEYULO

The Champions (l-r, those holding trophies): GEOFFREYCABALZA, MICHAEL MIGUEL, RIZALINO PABLO, andMANNY VALDEZ

M.A.P. Sports & Fellowship Committee Members HELENMACASAET and RAC CAGURANGAN (emcees)

Page 17 of 64

(l-r) Mr. RAUL MARTIN PEDRO,Ms. SHAWN YAO (Moderator)and Mr. NOEL REYES

(l-r) Mr. CHEMA MARQUEZ (Emcee), Atty. PERRY PE, Ms.JANINE GUTIERREZ, Mr. JOSE SANTOS, Mr. ABET VILLAROSAand Ms. RAC CAGURANGAN

11. JUNE 21 M.A.P. FELLOWSHIP COCKTAIL - HOSTED BY THE EMPIRE CENTRE FORREGENERATIVE MEDICINE

11.1 The Fellowship was organized by the M.A.P. S&F Committee and the MembershipCommittee and was held from 5:30 PM to 7:30 PM at the Baron’s Bar of the Tower Club.

11.2 The topics and speakerswere: (1) “Pain Management”by Dr. FRANKLIN “Jojo”DOMINGO (left),Rehabilitation Medical Doctorof the Empire Centre forRegenerative Medicine, and(2) “Sexual Aesthetics” by Dr.JOSEPH LEE (right), alsofrom the Empire Centre forRegenerative Medicine.

12. OCTOBER 26 M.A.P. NETWORKING FELLOWSHIP SPONSORED BY SECURITY BANK

The second M.A.P. Networking Fellowship was sponsored by Security Bank on October 26.

The M.A.P. hold networking opportunities toenable M.A.P. members to get to know andinteract with one another. This is one way ofpromoting camaraderie and providing a venuefor networking among M.A.P. members.

Page 18 of 64

(l-r) Atty. LILIA DE LIMA, MELSALAZAR, MARISSA DEL MAR,Dance Instructor, DanceInstructor and KUKU LOPEZ.

(l-r) TAMMY LIPANA, ESTERPUNONGBAYAN, CARMIE DDELEON (Green Team Leader),JHET VAN RUYVEN, CORACLAUDIO, VICKY AGORRILLA,REZA DADUFALZA-GOYENECHEand DONNA LINA.

THAD LIAMZON

(l-r) MARY GAW SO, JANET RODRIGUEZ, JORGE YULO and RENE HUERGAS(White Team Leaders), JAM MACALINO, THAD LIAMZON and EUNEY MATA-PEREZ.

13. DECEMBER 6 M.A.P. CHRISTMAS PARTY 2016

The December 6 Christmas Party had “ROCK & ROLL” as the theme. Attendees were dividedinto 4 team colors: Red, Green, Gold and White.

Page 19 of 64

(l-r) EMMA IMPERIAL, MARITESDAGDAG, MYRNA YAO, ANGELROSALES, AGNES GERVACIO, KARENBATUNGBACAL, MAAN HONTIVEROS,NOEMI AZURA and TINA SALMO.

(l-r) CAROLDOMINGUEZ, MARGIEMORAN FLOIRENDO,KAREN BATUNGBACAL,ANGIE FLAMINIANO andNOEMI AZURA.

(right photo) RACCAGURANGAN (Gold

Team Leader) andCAROL DOMINGUEZ

(l-r) M.A.P. Sports and Fellowship Chair EBOT TAN, M.A.P. President PERRY PE, HELEN P. MACASAET and RACCAGURANGAN (Co-emcees)

(l-r) EBOT TAN, M.A.P. Vice PresidentMARIFE ZAMORA, PERRY PE, GovernorPOPOY DEL ROSARIO and Governor EDDIEYAP

The Gold Team emerged as the“Best Team Performance”Awardee and brought home theP50,000 cash prize donated byAtty. Perry Pe.

Page 20 of 64

The following members were inducted (l-r) Mr. MANUEL JOEY “Joey” TAN ADRIATICO, OIC General Manager ofAvon Products Manufacturing, Inc.; Ms. NIKKI TANG, CEO of DMark Corporation; H. E. ROLAND VANREMOORTELE, Ambassador of Embassy of the Kingdom of Belgium; Mr. FREDERIC PEIGNON, President ofHealthway Medical; Ms. MARIA AISA IVYREENE D. OLIVA, Chief Commercial Officer of SOBANS, Inc.; Ms. EMMAIMPERIAL, President and CEO of Imperial Homes, Inc.; Mr. ALEXANDER “Alex” GASMENA, Country Director ofPearson Management Services Philippines, Inc.; Mr. MIGUEL ANTONIO “Miguel” C. GARCIA, President and CEOof Diversified Technology Solutions International, Inc.; Mr. TERENCE N. ACOSTA, CEO of SOBANS, Inc.; Mr.GAVIN D. BARFIELD, Chief Technology Advisor of MERALCO; Mr. SERGIO BOERO, President and Co-Founder ofSunny Sonny Story, Inc.; Mr. HASAN FARD, CEO of Trends & Technologies Holding; Dr. JONATHAN DAVID“Jondi” A. FLAVIER, Executive Director of Philippine Center for Population and Development, Inc.; and Ms.ANNA C. SAY, Owner/General Manager of ACS Realty.

The party featured the “Spirit of ’67.”

14. SEPTEMBER 6 14th M.A.P. INTERNATIONAL CEO CONFERENCE 2016 on “THEEMERGENCE OF THE GLOBAL ASEAN: The Next-Generation Leaders”

14.1 The MA.P. conducted the 14th M.A.P. International CEOConference on 6 September 2016 at the Rizal Ballroomof the Makati Shangri-La.

Page 21 of 64

Atty. DICK DU-BALADAD (Session Moderator) andMr. CHRISTIAN RAZON GONZALEZ

Mr. EDWARD CLAYTON and Mr. JUNIE DEL MUNDO(Session Moderator)

Ms. MARITA CHENG and Dr. DONALD LIM (SessionModerator)

Ms. MARITA CHENG

Mr. EDWARD CLAYTON

14.2 The confirmed speakers and their topics were the following:

14.2.1 Ms. MARITA CHENG (Australia), Founder andCEO of 2Mar Robotics on “Next GenerationLeaders: Breaking Boundaries through Technologyand Innovation”

14.2.2 Mr. EDWARD CLAYTON (Malaysia), Partner of PwC Malaysia on “The Rise ofGlobal ASEAN through Capability Driven Strategy”

14.2.3 Mr. CHRISTIAN RAZON GONZALEZ (Philippines), Head for Asia Pacific & theSubcontinent of ICTSI (International Container Terminal Services, Inc.) on“Doing Business in a Borderless World”

Mr. CHRISTIAN RAZON GONZALEZ

Page 22 of 64

Mr. BOB HAYWARD

14.2.4 Mr. BOB HAYWARD (Singapore), Principal for Management ConsultingAsia/Pacific of KPMG on “Digital Disruption: How and Why TechnologyInnovations are Changing Business Models Globally”

14.2.5 Ms. VIVIAN CLAIRE LIEW (Singapore), Founder of Philanthropy Works on“Responsible Business: Sustaining Resilient Communities”

14.2.6 Mr. HENDY SETIONO (Indonesia), President of Baba Rafi Enterprise on “NextGeneration Leaders: Realizing the Potentials of the International Markets”

Mr. CHARLIE VILLASENOR (Session Moderator) andMr. BOB HAYWARD

Ms. VIVIAN CLAIRE LIEW and Atty. ALEX CABRERA(Session Moderator)

Atty. NOEL BONOAN (Session moderator) and Mr.HENDY SETIONO

Mr. HENDY SETIONO

Ms. VIVIAN CLAIRE LIEW

Page 23 of 64

14.3 The Conference generated 478 participants (98 members and 380 guests).

14.4 Twenty-five (25) teachers actually attended the Conference who came from the followingschools:14.4.1 Asian Institute of Management (AIM)14.4.2 Ateneo de Zamboanga University14.4.3 Centro Escolar University (CEU)14.4.4 Colegio de San Juan de Letran14.4.5 Emilio Aguinaldo College (EAC)14.4.6 Far Eastern University (FEU) – Makati14.4.7 FEU – Manila14.4.8 Holy Angel University (HAU)14.4.9 Lyceum of the Philippines University (LPU)14.4.10 Manuel L. Quezon University (MLQU)14.4.11 Our Lady of Fatima University14.4.12 Pamantasan ng Lungsod ng Maynila (PLM)14.4.13 Polytechnic University of the Philippines (PUP)14.4.14 St. Scholastica's College – Manila14.4.15 University of the East (UE)14.4.16 University of the Philippines (UP) – Visayas14.4.17 University of Sto. Tomas (UST)14.4.18 Zamboanga State College of Marine Sciences and Technology (ZSCMST)

14.5 Sixteen (16) universities and colleges were represented in the Conference. 12 fromNCR, 1 from Luzon, 1 from Visayas and 2 from Mindanao.

14.6 There were 2,354 students from the following 9 universities and colleges (8 in the NCRand 1 in Mindanao) who watched the Conference via Live Streaming.14.6.1 Centro Escolar University (CEU)14.6.2 Colegio de San Juan de Letran14.6.3 De La Salle - College of St. Benilde14.6.4 Emilio Aguinaldo College (EAC) – Cavite14.6.5 EAC – Manila14.6.6 Far Eastern University (FEU) – Makati14.6.7 Far Eastern University (FEU) – Manila14.6.8 Pamantasan ng Lungsod ng Maynila (PLM)14.6.9 University of the Philippines Visayas – Iloilo

15. PwC – M.A.P. Survey ON “THE EMERGENCE OF THE GLOBAL ASEAN – THE NEXTGENERATION LEADERS” FOR THE SEPTEMBER 6 M.A.P. INTERNATIONAL CEOCONFERENCE 2016

15.1 The M.A.P. and the PricewaterhouseCoopers (PwC) Philippines/Isla Lipana & Co.conducted a CEO Survey for the September 6 M.A.P. International CEO Conference2016, which was entitled “The Emergence of the Global ASEAN - The Next GenerationLeaders.” The Survey was done via an online questionnaire as well as field interviews.

15.2 The survey was the second of a series of annual CEO Surveys in the Philippinesconducted by the M.A.P. Conference’s KNOWLEDGE PARTNER, ISLA LIPANA & CO.,a member firm of PricewaterhouseCoopers (PwC), and was expected to highlight theopportunities and challenges faced by young leaders in competing in the globalmarketplace.

Page 24 of 64

15.3 M.A.P. and PwC charted the similarities and differences between how seasoned CEOsthink vis-a-vis the young leaders' mind

16. AUGUST 2 “SME BUSINESS CLINIC”

16.1 Co-presented by M.A.P. and the PLDT SME Nation, the “SME Business Clinic” was partof M.A.P.’s efforts to help improve SME competitiveness in the Philippines. Thismanagement excellence platform gathered a small group of SMEs who are ready to taketheir businesses to the next level. It featured success stories of Filipino entrepreneurs,learning sessions on areas critical to SME growth, and one-on-one consultation sessionswith government agencies and organizations involved in SME development, trade andinvestment, and export/ import processes.

16.2 The “SME Business Clinic” had three key themes:

16.2.1 INSPIRE entrepreneurs on the possibilities of bringing their businesses into regional orglobal platforms;

16.2.2 IMPART knowledge on entrepreneurship through the insights and experiencesof those who successfully thrived in the regional/global environment; and

16.2.3 IMPACT businesses by enabling a platform with which to establish network withindividuals and companies which could serve as gateways to internationalmarket.

16.3 The “SME BUSINESS CLINIC” featured success stories of Filipino entrepreneurs,learning sessions on areas critical to SME growth, and consultations with governmentagencies and organizations involved in SME development, trade and investment, andexport/ import processes.

16.4 The “SME BUSINESS CLINIC” included Roundtable Discussions (RTDs), which servedas the lead-in activity prior to the September 6 M.A.P. International CEO Conference2016. The RTDs focused on encouraging local SMEs in high-growth industries to levelup their businesses beyond the local market. The RTDs featured experts and innovatorsfrom key business areas, who can provide participants a comprehensive picture of thechallenges and opportunities that lie ahead. It will also feature government officials, aswell as young Filipino business leaders, making headwinds in the targeted industry. Theobjective was to help SMEs improve their operations through interactions with keyexperts and innovators/industry disruptors.

16.5 The topics and speakers included the following:

16.5.1 “From Local to Regional: Expanding myMarket Place - Goods and Manufacturing”with Ms. KIM FRANCES Y. LATO,Founder and Owner of Kimstores

Page 25 of 64

16.5.2 “From Local to Regional:Expanding my Market Place -Services” with Ms. MIGUELITA“Milit” S. BARON, President ofManila Catering Corporation

16.5.3 “From Philippines to ASEAN: HowCould AEC Help?” with Asec. MA.HELLEN B. DE LA VEGA, AssistantSecretary and Director-General forASEAN – Philippines NationalSecretariat of the Office of ASEANAffairs, Department of Foreign Affairs(DFA)

16.5.4 “Innovative Solutions for SMEs” with Mr. AMILAZURIN, AVP and Head of Marketing, PLDT SMENation

16.5.5 “Stepping up Businesses throughTechnology and Innovation” with Mr.JOEY S. LIMJAP, VP and Head – ICTResearch & Development of PLDTInnolab

(l-r) Mr. JOEY LIMJAP withMs. VICKY AGORRILLA (Moderator)

(l-r) Ms. MARISSA DEL MAR (Moderator)with Mr. AMIL AZURIN

Page 26 of 64

(l-r) Atty. PIERRE MARTIN REYES, Atty.LUIS JOSE FERRER, M.A.P. TaxCommittee Member TAMMY LIPANA,M.A.P. Tax Committee Chair DICK DU-BALADAD, and Romulo Law’s Atty.CATHY MANAHAN

16.5.6 “Digital Marketing for SMEs” withMr. MORI RODRIGUEZManaging Director of DiG of EONThe Stakeholder Relations Group

16.6 The following government agencies participated as consultants:

16.6.1 Bureau of SME Development of the Department of Trade and Industry (DTI)16.6.2 Department of Science and Technology (DOST)16.6.3 Development Bank of the Philippines (DBP)16.6.4 Export Marketing Bureau of DTI16.6.5 Foreign Trade Service Corps of DTI16.6.6 Land Bank of the Philippines (LBP)16.6.7 Philippine Trade Training Center (PTTC)16.6.8 SB Corporation (Small Business Guarantee and Finance Corporation)16.6.9 Tariff Commission16.6.10 Technical Education and Skills Development Authority (TESDA)

17. M.A.P. CEO ACADEMY

The M.A.P. CEO Academy continues to serve as the umbrella brand for all of M.A.P.’seducational activities for the continuing education and sharing of the latest technologies andinformation on management and leadership among M.A.P. members and other managementpractitioners.

17.1 March 7 Joint M.A.P. – PCCI Tax Forum 2016

The M.A.P. co-sponsored with PCCI the 7 March2016 Tax Forum 2016 with the following topics andspeakers:

Atty. LUIS JOSE FERRER, Tax Partner, SGV & Co –“Tax Filing Tips and Reminders”

Ms. RHODORA ICARANOM, Assistant RevenueDistrict Officer, RDO-50, BIR – “Latest RevenueIssuances”

Atty. PIERRE MARTIN REYES, Senior Associate,Du-Baladad & Associates – “Latest Court Decisions”

(l-r) Mr. MORI RODRIGUEZ withMs. NINI MONTEMAYOR SANTOS

(Moderator)

Page 27 of 64

17.2 April 29 M.A.P. Forum on “Transformation Management Concepts and OtherFactors to Consider” with Dr. KARL J. LARSON

Dr. KARL J. LARSON, US-based RenownedGuru in the field of Organizational Developmentpresented the many interesting facets oftransformation management, its objectives, itsdiagnostic areas, its requirements, its keysuccess indicators, among others.

17.3 May 13 AIM – M.A.P. Forum on “IT'S A VUCA WORLD! New ManagementApproaches”

M.A.P. co-sponsored the 13 May 2016 AIM – M.A.P. Forumon “IT'S A VUCA WORLD! New Management Approaches”with AIM Professor and M.A.P. Member FEDERICO “Poch”M. MACARANAS as presentor. The forum presented newmanagement approaches that fit the 21st century situationfaced by individuals, enterprises, organizations, communitiesand nations.

17.4 June 14 M.A.P. Forum on “EXECUTIVE COACHING: Does a CEO really need it?

The M.A.P. conducted the 14 June 2016 forum on“EXECUTIVE COACHING: Does a CEO reallyneed it?” with Mr. BJORN MARTINOFF, Presidentand Global CEO Coach, Fortune 100 Coach.comand author of “Develop Exponential Power.”

The Forum enabled the attendees to understandthe pros and cons of having an Executive Coach,particularly its impact on productivity and acompany’s bottomline.

M.A.P. Management Development Committee(MDC) Vice Chair JESSIE CARPIO, MDC memberNENA ALCUAZ-REYES (emcee), Mr. BJORNMARTINOFF and MDC member GRACE TIONGCO(Q&A moderator)

Prof. MAYO LOPEZ and Mr. POCH MACARANAS

(l-r) Human Resource Innovations and Solutions,Inc. (HURIS) Chair NONONG CONTRERAS, M.A.P.Management Development Committee Vice ChairJESSIE CARPIO and Dr. KARL LARSON

Page 28 of 64

(l-r) M.A.P. CSR Committee Chair EDGARDO AMISTAD, Mr.RUBEN CHAUMONT, M.A.P. CSR Committee Vice Chair BENTEEHANKEE and M.A.P. CSR Committee Member NENAALCUAZ- REYES

17.5 July 4 AIM - M.A.P. Forum on “StrategicManagement of Intellectual PropertyRights” with Mr. DENNIS S. FERNANDEZ

17.6 Aug 24 M.A.P. CSR CommitteeForum on “Building AnEmpowering Company Culture:The Key To Win-Win SustainablePerformance” (Insights from theScience of Positive OrganizationalPsychology) featured IntentionalWork Communities Inc. Founderand CEO RUBEN CHAUMONT.

18. May 25 “Asian Innovation and Entrepreneurship Forum: An ANC Leadership Series”

The ANC (ABS-CBN News Channel) invited MAP members to attend the first Forum of theANC Leadership Series that aims to bring in global leaders to speak to the Philippinebusiness community,

Themed as the “Asian Innovation and Entrepreneurship Forum: An ANC LeadershipSeries,” the event was held on 25 May 2016, Thursday, from 2:00 PM to 6:00 PM at theGrand Plaza Ballroom of Hotel Sofitel Philippine Plaza Manila.

The speaker for the first Forum was Sir RICHARD BRANSON, Founder of the Virgin Group,one of the most well-known business magnates in the world, who shared his thoughts onhow he navigates the volatile business environment.

19. May 27 Joint M.A.P. – Australian Embassy - MBC – PCCI Breakfast Meeting with SouthAustralian House of Assembly Member MARTIN HAMILTON-SMITH

M.A.P. co-sponsored the 27 May 2016 Joint M.A.P. –AUSTRALIAN EMBASSY - MBC – PCCI BreakfastMeeting with South Australian House of AssemblyMember MARTIN HAMILTON-SMITH which wasfinanced by the Australian Embassy.

The presentation focused on the opportunities for closerbusiness and cultural engagement between SouthAustralia and the Philippines.Atty. Perry Pe and Minister MARTIN

HAMILTON-SMITH

Page 29 of 64

20. May 27 M.A.P. – Canadian Embassy - MBC –PCCI Luncheon Meeting with BritishColumbia Premier CHRISTY CLARK

M.A.P. co-sponsored the 27 May 2016 M.A.P. –CANADIAN EMBASSY - MBC – PCCI BusinessLuncheon with British Columbia Premier CHRISTYCLARK which was financed by the CanadianEmbassy.

Topic was “Connecting Our Gateway Economies: ANew Chapter in the British Columbia – PhilippineRelationship.” During the meeting, Premier Clarkand the Canadian delegation identified newopportunities for cooperation and collaborationbetween British Columbia and the Philippines.

21. APEC BUSINESS TRAVEL CARD

21.1 The Board initiated one more try to push for M.A.P. to be accredited by the Departmentof Foreign Affairs (DFA) in endorsing applications for the APEC Business Travel Card(ABTC). In 2010 and 2012, the M.A.P. tried but failed.

21.2 The credit-card-size ABTC gives accredited business people streamlined entry to APECmember economies (Australia, Brunei Darussalam, Canada, Chile, People’s Republic ofChina, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, NewZealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Chinese Taipei,Thailand, United States of America, and Vietnam).

21.3 The ABTC provides a simple pre-clearance system that allows business people, througha single application, to obtain a multiple short-term entry to these economies. Itaddresses the time-consuming need to apply for visas or entry permits and an end tolong airport queues on entry.

22. “THE FIT M.A.P.” e-newsletters

Through the Health and Wellness Committee, the M.A.P.released the following “THE FIT M.A.P.” e-newslettershealth alerts covering issues that may endanger health andwell-being:

22.1 “ZIKA Virus” on 1 Feb 2016

M.A.P. President PERRY PE andBritish Columbia Premier CHRISTY CLARK

Page 30 of 64

22.2 "HIV / AIDS – What You Need to Know" on 1 Apr 2016

22.3 "HEAT STROKE: Coping with the Summer Heat" on 14 Apr 2016

23. June 23 UBS (Singapore) Forum “Mid-Year Economic Outlook: Exploring the Unknown”– financed by UBS

23.1 The M.A.P. invited Board members, Committee Chairs and new members inducted in2015 and 2016 to the UBS (Singapore)-sponsored June 23 UBS (Singapore) Forum on“Mid-Year Economic Outlook: Exploring the Unknown.”

23.2 The Forum discussed the key issues which Asian investors should ponder over as the2nd half of 2016 starts.

23.3 Speakers were UBS AG Managing Director KELVIN TAY and UBS AG Executive DirectorJODY SANTIAGO.

Page 31 of 64

24. March 17 Women Business Council Philippines Forum on “Calling For A Women’s Vote#WOMENVOTEPH2016”

The M.A.P. promoted the March 17 Forum on“Calling For A Women’s Vote#WOMENVOTEPH2016” which was organizedby the Women Business Council Philippines andmoderated by Ms. CES OREÑA-DRILON.

Panelists were the following 2016 SenatorialCandidates: Cong. Sherwin Gatchalian, Sec.Francis Pangilinan, Sen. Richard Gordon andCong. Roman Romulo.

25. April 21 Forum on “Why Asia Matters”

The M.A.P. co-sponsored the 21 April 2016 Forum on“Why Asia Matters” with American Political Scientist, withMajor Field of Expertise in Strategic Planning at allOrganizational Levels Dr. JOHN GEIS which wasorganized by the Asian Institute of Management (AIM).

Among the topics discussed were China-US relations,Asia’s prospects through 2030, technologydevelopments, changing mindsets to transform security,and deterrence in an age of surprise, among others.

26. June 17 Shareholders Association of the Philippines (SharePHIL) Summit with thetheme “Inter-Generational Evolution of Corporate Values”

26.1 The M.A.P. supported the SharePHIL Summit with the theme “Inter-GenerationalEvolution of Corporate Values.”

26.2 Guest speakers were Mr. OSCAR LOPEZ and his son, Mr. FEDERICO “Piki” LOPEZ,who shared their insights, experiences and challenges as the baton of managementof their group of companies is transferred from one generation to the next.

26.3 Participants were engaged in a very lively and educational afternoon of discussionson how the Lopezes, from generation to generation, have sustained the family throughnumerous adversities.

(l-r) Ms. CES ORENA-DRILON, Mr. RAFFY ALUNAN, Cong.SHERWIN GATCHALIAN, Cong. ROMAN ROMULO and Sec.FRANCIS PANGILINAN

Dr. JOHN GEIS (left) andAIM Professor POCH MACARANAS

Page 32 of 64

27. JUNE 24 TO 26 M.A.P. – FINEX ECO-TOUR TO SORSOGON

The M.A.P. joined FINEX for the M.A.P. - FINEX Eco-Tour to Sorsogon which was held fromJune 24 to 26.

28. “Conversations with M.A.P. Icons” featuring the “M.A.P. Management Man of the Year”Awardees

28.1 The objectives of the series are to:

28.1.1 Give new M.A.P. members the opportunity to learn, interact and exchange viewswith the M.A.P. Icons, and hopefully gain some insights from their experience andwise counsel.

28.1.2 Enable the M.A.P. Icons will have the opportunity to also get a glimpse of whatthe younger members of M.A.P. are thinking about, their concerns, their passionand what drives them.

28.2 The series has featured the following:

28.2.1 Mr. WASH SYCIP on 19 June 201428.2.2 Atty. LILIA DE LIMA on 14 August 201428.2.3 Mr. RAMON DEL ROSARIO JR. on 9 October 201428.2.4 Mr. CESAR E.A. VIRATA on 13 November 201428.2.5 Mr. JUAN B. SANTOS on 25 June 201528.2.6 Mr. EDGAR O. CHUA on 22 September 2015

Page 33 of 64

28.2.7 MMY 2011 ERRAMON “Montxu” I. ABOITIZ on 3 October 2016

28.2.8 MMY 2012 AURELIO “Gigi” R. MONTINOLA III on 26 October 2016

29. “VIEW MAP”

The M.A.P. started its “VIEW MAP” e-library for the M.A.P. You-Tube channel.

The “VIEW MAP” features TV guestings and interviews featuring M.A.P. Board members,Committee Chairs, Vice Chairs and members on their areas of expertise.

Here below is the link to the M.A.P. You-Tube channel:

https://www.youtube.com/playlist?list=PLcAwFhQok250wCw09bEcGrD-Crhgdi6nK

(seated l-r) Mr. EDGARDO AMISTAD, Ms. GRACE TIONGCO (Moderator), Mr. MONTXU ABOITIZ, Mr.ROBERTO DE VERA ROBES, Ms. MARIA SOCORRO GONZAGA and Ms. MA. LOURDES MARGARITAARUEGO.(standing l-r) Mr. ARNOLD SALVADOR, Mr. REINIER DIZON, Mr. RODRIGO SEGURA, Mr. CARLOS

MARIA RUFINO GONZALEZ MENDOZA, Mr. RAUL TAN, Atty. EUNEY MATA PEREZ, Mr. JUAN CARLOSSYQUIA and Atty. EDUARDO PANGAN

(seated l-r) Ms. MARY ANG, M.A.P. Vice President MARIFE ZAMORA, Mr. GIGI MONTINOLA,Ms. GRACE TIONGCO, Ms. DONNA MAY LINA and Mr. JOSE MIGUEL ALVARO CAMUS.(standing l-r) Ms. MYRA GAVINO, Mr. JERAHMEEL CHEN, Mr. ROBERT YU, MR. AUGUSTO HIDALGO,

Dr. ERNESTO ORDONEZ, Mr. ARSENIO BARTOLOME (Session Moderator), Mr. RODRIGO SEGURA, Mr.ROMEO THAD LIAMZON, Ms. ANNA JERMAINE BOMBASI and Mr. ARNOLD SALVADOR

Page 34 of 64

30. June 13 ULI Philippines Forum on “The Future of Transportation” with Mr. GABE KLEIN

M.A.P. members were invited to the 13 June 2016 Forum on “The Future of Transportation”with Mr. GABE KLEIN, former Transportation Commissioner for the City of Chicago andWashington D.C. and author of bestselling book, “Start-Up City: Inspiring Private and PublicEntrepreneurship, Getting Projects Done, and Having Fun.” The forum was organized by theUrban Land Institute Philippines.

The forum tackled the latest developments concerning transportation and infrastructure.

31. June 11 “Global Wellness Day”

The M.A.P., through the Health and Wellness Committee, supported the June 11 “GlobalWellness Day” with the following manifesto:

Global Wellness Day’s 7 Step Manifesto for anincreased awareness of living well:

1) Walk one hour2) Drink more water3) Don’t use plastic bottles4) Eat organic, locally sourced produce5) Do a good deed6) Eat a family dinner7) Go to bed at 10:00 PM

“One day can change your whole life.”

ADVOCACIES

Good Governance

32. Fifth Forum of Arangkada Philippines with the theme “Arangkada Philippines: A Bolderand More Inclusive Decade”

32.1 M.A.P. co-sponsored the March 1 ARANGKADA Forum 2016 which the M.A.P. has beensupporting for the past five consecutive years.

32.2 The theme this year was “Arangkada Philippines: A Bolder and More Inclusive Decade.”

32.3 The ARANGKADA is the major advocacy—launched in 2010—of the Joint ForeignChambers (JFC) to increase investment and employment in the Philippines.

Page 35 of 64

33. AMCHAM’s Policy Brief on Philippine Broadband

33.1 M.A.P. co-sponsored the AMCHAM’s Policy Brief on Philippine Broadband.

33.2 The policy brief was about Philippine broadbandservice, its real and potential benefits, problems andchallenges, and recommendations on how to addressthem. It is the result of independent research with inputsfrom a roundtable discussion with key stakeholders.

33.3 The Policy Brief covered some key recommendations,including the following:

33.3.1 adopting an open access model, wheresegments of the internet infrastructure will beopened up to more and different players, bothlocal and foreign;

33.3.2 updating and upgrading laws and policies, whichincludes amendments to the Public Telecommunications Policy Act and theenactment of the bill creating a Department of ICT;

33.3.3 leveling the playing field by promoting open and neutral internet exchange points(IXPs) and encouraging infrastructure sharing;

33.3.4 updating the country’s ICT strategy and plan, including the development of anational broadband plan;

33.3.5 improving spectrum management; and

33.3.6 ensuring and protecting the competitiveness of the telecommunications industry.

34. FINEX – FEF - M.A.P Joint Letter on the Board ofAccountancy Resolution No, 3-2016 and 2016-28Requiring the Submission of Certificate by ResponsibleCPAs on the Compilation Services for the Preparation ofFinancial Statements and Notes Thereto”

34.1 The M.A.P. co-signed the Joint Letter on the Board ofAccountancy Resolution No, 3-2016 and 2016-28Requiring the Submission of Certificate by ResponsibleCPAs on the Compilation Services for the Preparationof Financial Statements and Notes Thereto.”

34.2 The signatories stated their strong objections to theBoard of Accountancy (BOA) Resolution requiringanother layer of certification to accompany the financial statements prepared and filedwith regulatory agencies.

34.3 Major concerns raised included the following:34.3.1 Another detriment to ease of doing business in the Philippines34.3.2 Effect on Multinationals and ASEAN Accountants

Page 36 of 64

34.3.3 The Statement of Management Responsibility for Financial Statements isenough

34.3.4 Added level of accreditation for CPAs34.3.5 External Auditors tasked to report non-compliance

35. INTEGRITY PLEDGE (IP)

M.A.P. members, particularly the new ones and thosewho are not signatories yet were invited to sign theIntegrity Pledge (IP).

The IP is a formal and concrete expression ofcommitment by companies to abide by ethical businesspractices and to support a national campaign againstcorruption. The pledge should be signed only by CEOs,COOs, Managing Directors, Country Representatives,or other senior company officials to set the “Tone fromthe Top” and oblige all members of the organization tolikewise behave with integrity and carry on theirresponsibilities ethically.

Beyond being a good corporate citizen and helping innational efforts to escape from the vicious cycle ofcorruption, companies signing the pledge will enjoybenefits that may initially include:

"Preferred Supplier" status for participating companies (for private and governmentcontracts); Hotline and Helpdesk to prevent, detect, and respond to corrupt and unethicalbusiness practices; Recognition as "Clean or Ethical Companies" by the general public/media /customers /international community; Perks and privileges from participatinggovernment agencies (e.g. "Super Green Lanes for BIR/Customs)

Any company or organization, local or foreign, big or small, non-member of any organizationmay sign the pledge – as long as it commits that it will reform and operate its businessethically and with integrity.

36. HIV/AIDS 101 Workshop, Counselling and Testing for your Employees for FREE

The M.A.P. renewed its partnership with the Pilipinas Shell Foundation (PSF) in offering HIV/AIDS101 Workshop, Counselling and Testing for employees of member-companies for free HIVEducation, Counselling and Testing.

HIV/AIDS is a continuing public health challenge that M.A.P. members cannot afford to ignore.The private sector is facing a formidable task in ensuring that the workforce of the Philippinesremain healthy and productive. As industry leaders and drivers, M.A.P. members have aresponsibility of equipping industry their people with the correct knowledge not only in preventingand treating HIV/AIDS, but also in ensuring that the workplace remains free of discriminationagainst those afflicted with the virus.

Page 37 of 64

37. AUG 16 M.A.P. - FINEX CORPORATE GOVERNANCE WORKSHOP 2016

The Corporate Governance Committee conducted the 13th Annual M.A.P. Corporate Governance2016 Workshop on August 16 with the following topics and speakers:

37.1 “Updates on the Corporate Governance Blueprint andthe Revised Corporation Code” with Atty. TERESITAJ. HERBOSA, Chair of the Securities and ExchangeCommission (SEC)

37.2 “Best Practices and Trends in Corporate Governance”with Mr. REX C. DRILON II, Board Adviser and Trusteeof Institute of Corporate Directors (ICD)

37.3 “Lessons in Public Corporate Governance Learned from theGCG Experience” with Atty. CESAR L. VILLANUEVA,Former Chair, Governance Commission for GOCCs (GCG)and Founding Partner, Villanueva Gabionza & Dy

37.4 “Impact of Cybercrime on Corporate Governanceand Risk Management” with Chief RONALD P.AGUTO, JR., Chief of Cybercrime Division of theNational Bureau of Investigation (NBI)

Page 38 of 64

37.5 “Using Alternative Dispute Resolution (ADR) as a Vital Toolin Corporate Governance” with Atty. LOUIE T. OGSIMER,Partner and Co-Chair of Litigation & Arbitration Departmentand Head of Arbitration Practice of the Romulo MabantaBuenaventura Sayoc & de los Angeles

37.6 “Facilitating Cost-Efficient, Speedy, and EffectiveArbitrations: The Corporate Director’s Roadmap” withAtty. TEODORO KALAW IV, Partner of Kalaw Sy VidaSelva and Campos Law Firm and Chair of M.A.P. JusticeAdvocacy Committee

38. JULY 28 M.A.P. GMM ON “FEDERALISM: If it ain’t broke, should we fix it?” WITH HOUSESPEAKER PANTALEON “Bebot” D. ALVAREZ

At the July 28 GMM, House SpeakerALVAREZ made a presentation onthe details of Federalism which isbeing pushed by the DuterteAdministration.

39. JULY 28 FINEX-JRI-M.A.P. BREAKFAST FORUM ON “THE CHALLENGES OFCYBERCRIME AND DIGITAL FORENSICS”

39.1 Main presentors were:

39.1.1 Court of Appeals Associate Justice APOLINARIO D. BRUSELAS JR. on“Judiciary Initiatives on Cybercrime”

39.1.2 Atty. MICHAEL B. OCAMPO on “Judiciary Automation Program”

(l-r) Mr. PETER WALLACE (Q&A Moderator),Speaker BEBOT ALVAREZ andMr. ELFREN CRUZ (Q&A Moderator)AIM Professor POCH MACARANAS

Page 39 of 64

39.2 The Open Forum Reactors included the following:39.2.1 Hon. APOLINARIO D. BRUSELAS, JR., Associate Justice, Court of Appeals39.2.2 Hon. MARIA FILOMENA D. SINGH, Associate Justice Court of Appeals39.2.3 Hon. ANGELEN MARY W. QUIMPO-SALE, Presiding Judge, Regional Trial

Court, Branch 106, Quezon City39.2.4 Hon. LUISITO G. CORTEZ, Presiding Judge, Regional Trial Court, Branch 85,

Quezon City39.2.5 Atty. CARLOS N. GARAY, Assistant Chief of Office, Management Information

Systems Office, Supreme Court39.2.6 Atty. MICAHEL B. OCAMPO, Court Attorney VI, Office of the Chief Justice

40. AUGUST 23 ECCP – BUSINESSMIRROR DIALOGUE ON FEDERALISM

40.1 The Board accepted the ECCP’s 9 August 2016 invitation for the M.A.P. to be an EventSupporter for the August 23 ECCP – BUSINESSMIRROR Dialogue on FEDERALISM.

40.2 The Keynote Speaker was be House of Representatives Speaker PANTALEONALVAREZ.

40.3 The Forum discussed the best and bad practices of Federalism, with the aim that therewill be better understanding where the Philippines is heading, what timeframe is realistic,and to what extent business will have to adjust.

41. SEPT 26 ACCRALAW - M.A.P. BUSINESS LAW FORUM 2016 ON “SIGNIFICANT LEGALDEVELOPMENTS AFFECTING BUSINESS”

41.1 For five consecutive years, the M.A.P. co-sponsored this Business Law Forum.

41.2 The five sessions included the following topics and speakers:

41.2.1 “The Executive Agenda for Business of the Office of the President” with41.2.2 “Latest Developments in Taxation” with41.2.3 “Compliance with Laws and Regulations: Prescriptions and Best Practices” with41.2.4 “Recent Developments in the Protection of Data Privacy” with41.2.5 “Philippine Competition Act” with

42. JRI (JUDICIAL REFORM INITIATIVE)

The M.A.P. continued to support the Judicial Reform Initiative or JRI.

Led by four major business organizations in the Philippines - - - the Financial Executives Instituteof the Philippines, the Institute of Corporate Directors, the Makati Business Club, and the M.A.P.- - - the principles and objectives of JRI were first envisioned in September 2012 to push forreforms in the administration of justice and serve as the voice of business in identifying problemareas and solutions in the systems and processes of the judicial and prosecutorial agencies ofgovernment.

Page 40 of 64

43. INTEGRITY INITIATIVE, INC. (III)

43.1 Vision and Mission of the III:

43.1.1 VISION: A culture of integrity where both private and public sectors commit toethical business practices and good corporate governance and work together toachieve a level playing field that benefits both producers and consumers.

43.1.2 MISSION: We will engage in long term strategies and programs to promotecommon and acceptable integrity standards and practices among ethicallyconscious and self- regulating organizations that apply the principles oftransparency, accountability and collective action.

43.2 The Integrity Pledge signatories’ registry as of March 2016 include the following:Government – 202; ICON (Integrity Consortium) Organizations – 45; Private Companies– 2,362 and Academe – 86.

43.3 The III Board of Trustees is composed of the following:

43.3.1 Mr. RAMON R. DEL ROSARIO, JR. (Chairman), Chair of Makati Business Club(MBC)

43.3.2 Mr. MICHAEL K. RAEUBER, President of European Chamber of Commerce ofthe Philippines (ECCP)

43.3.3 Mr. FRANCISCO F. DEL ROSARIO, JR. (Vice-Chairman), 2015 President ofthe M.A.P.

43.3.4 Ms. MARIFE B. ZAMORA (Secretary/Corporate Secretary), 3rd Vice Presidentof the American Chamber of Commerce of the Philippines

43.3.5 Mr. JAIME E. YSMAEL (Treasurer), President of the Financial ExecutivesInstitute of the Philippines (FINEX)

43.3.6 Mr. PETER ANGELO V. PERFECTO (Assistant Secretary), Executive Directorof MBC

43.3.7 Mr. HENRY J. SCHUMACHER (Assistant Treasurer), Executive Director ofECCP

43.3.8 Mr. SHERISA P. NUESA (Member), Chair of Judicial Reform Initiative43.3.9 Mr. DAVID L. BALANGUE (Member), Chair of Namfrel and Coalition Against

Corruption43.3.10 Mr. EDILBERTO C. DE JESÚS (Member), Asian Institute of Management

Professor Emeritus43.3.11 Dr. JESUS P. ESTANISLAO (Member), Chair of Institute Corporate Directors

44. Joint FINEX – M.A.P. Position Paper on the Comprehensive Tax Reform Program of theDepartment of Finance

44.1 The M.A.P. co-signed the September 28 FINEX – M.A.P. Joint Position Paper on the“Comprehensive Tax Reform Program of the Department of Finance” which tackled thefollowing:

44.1.1 Personal Income Tax(a) Income brackets(b) Top rate for individuals(c) Tax on gross income of individuals(d) Tax exemption for MSMEs

Page 41 of 64

44.1.2 VAT reforms:44.1.2.1 Exemptions44.1.2.2 Compensating measure44.1.2.3 Senior citizens’ exemption

44.1.3 Corporate income tax44.1.4 Estate and donor’s tax44.1.5 Centralize property valuation44.1.6 Luxury tax44.1.7 Mining Tax44.1.8 Fatty food tax44.1.9 Sweetened drinks44.1.10 Tax amnesty44.1.11 Bank deposits secrecy

44.2 M.A.P. and FINEX stressed in the Joint Position Paper that it will all the more be laudablewhen such significant fiscal improvement will, as evident in policy reformpronouncements reflected in the tax reform package, be achieved against the backdropof:

44.2.1 equitably distributing the tax burden with progressive tax rates in consonancewith the Constitution, levelling the playing field and a tax regime that enhancesthe international competitive standing of local businesses;

44.2.2 rationalizing exempt income threshold and brackets for individual taxpayers toadjust for inflation, and, similarly, taxes and fees long overtaken or renderedinappropriate by inflation;

44.2.3 rationalizing the regime of fiscal incentives that will be protective of potentialstate revenues, while still maintaining competitiveness for foreign directinvestments relative to other ASEAN peers;

44.2.4 maintaining affordability of low cost housing currently enhanced through fiscalincentives favoring both home buyers and producers, in furtherance of thesound state policy to promote home ownership that will foster a more stablesociety.

44.2.5 protecting public health while moderating state expenditures for public healthcare.

44.3 The September 28 Joint transmittal letter of MAP and FINEX to the office of FinanceSecretary CARLOS DOMINGUEZ III for the Joint Position Paper was sent on September29.

Page 42 of 64

M.A.P. Competitiveness Committee memberRUY MORENO, M.A.P. President PERRY PE,U.S. Chamber of Commerce Director forSoutheast Asia JOHN GOYER, AmChamExecutive Director EBB HINCHLIFFE andM.A.P. member JOHN FORBES

45. JOINT LETTER OF PHILIPPINE BUSINESS GROUPS (PDGs) AND JOINT FOREIGNCHAMBERS (JFCs) TO EXECUTIVE SECRETARY SALVADOR C. MEDIALDEA

The M.A.P. co-signed the Joint Letter of PBGs and JFCs to Executive Secretary SALVADOR C.MEDIALDEA which covered the following business and economic legislative reform measures:

45.1 Comprehensive Tax Reform Package45.2 Constitutional Amendments (foreign equity restrictions)45.3 Freedom of Information45.4 National Land Use Act45.5 Crop Insurance Reform45.6 AMLA amendments to cover casinos45.7 Rationalization of Fiscal Incentives45.8 Telecom reforms45.9 Apprenticeship Program Reform45.10 Bank Secrecy Law amendments45.11 BOT Law amendments45.12 Corporation Code Amendments45.13 Water Sector Reform Act45.14 Emergency powers to address traffic and transportation crises45.15 Public Service Act amendments45.16 Agripatent bill

Global Competitiveness

46. March 17 Forum on “The Philippines and TPP (Trans-Pacific Partnership) - Opportunitiesand Challenges”

The M.A.P. participated in the 17 March 2016 Forumon “The Philippines and TPP (Trans-PacificPartnership) - Opportunities and Challenges” whichwas sponsored by the United States Chamber ofCommerce, together with the United States Agency forInternational Development’s Trade-Related Assistancefor Development Project (USAID – TRADE Project).

The forum discussed the opportunities, challenges,and implications of the TPP for the Philippineeconomy.

47. April 25 Forum on “Accessing Market and Investment Opportunities to Support InclusiveGrowth”

The M.A.P. co-presented the April 25 Forum on “Accessing Market and InvestmentOpportunities to Support Inclusive Growth” --- A Forum on the ASEAN Economic Community(AEC).

The Forum was presented by the Asian Development Bank (ADB), the Department of Trade andIndustry (DTI) and M.A.P. in cooperation with the Financial Executives Institute of the Philippines(FINEX) and the Philippine Institute for Development Studies (PIDS).

Page 43 of 64

The Forum featured the following speakers and topics:

47.1 ASEC. RAFAELITA ALDABA, AssistantSecretary for the Industry Development Group(IDG) of the DTI - Welcome remarks

47.2 MR. BAMBANG SUSANTONO, Vice Presidentfor Knowledge Management and SustainableDevelopment of the ADB - Keynote Address onthe importance of “Accessing Market andInvestment Opportunities to Support InclusiveGrowth”

47.3 MS. ANNA MAE TUAZON, Senior Officer of theASEAN Integration Monitoring Office of theASEAN Secretariat - “Regional Overview of AEC”

47.4 MR. JAYANT MENON, Lead Economist of theOffice of the Chief Economist of the ADB - “AEC:Issues and Challenges”

47.5 Session on “Trade and Investment Promotion inSoutheast Asia” with

47.5.1 DATO’ DZULKIFLI MAHMUD,CEO of Malaysia External TradeDevelopment Corporation(MATRADE)

47.5.2 ASEC. MARIA ROSENI M.ALVERO, Assistant Secretary forForeign Trade Service Corps of theDTI

47.5.3 MR. WITTAWAT LAMSAM,Director of InternationalCooperation of the Department ofthe Office of Small and MediumEnterprises Promotion of Thailand

47.6 MR. GANESHAN WIGNARAJA, Advisor ofthe Office of the Chief Economist of the ADB - “Role of SMEs in the global/regional valuechains”

47.7 MS. ERLINDA M. MEDALLA, Senior Research Fellow of the PIDS - “Factors that helpSMEs break into and penetrate overseas markets”

47.8 Panel Discussion on “How SMEs can Access Market and Investment OpportunitiesProvided by AEC” with Ms. ALMA JIMENEZ, Panel Discussion Moderator

M.A.P. ASEAN Economic Community (AEC)Committee Chair and ADB Executive DirectorExecutive Director for Kazakhstan, Maldives,Marshall Islands, Mongolia, Pakistan,Philippines and Timor-Leste GOODYHERNANDEZ, DTI, Assistant Secretary forIndustry Development Group (IDG) RAFAELITAALDABA and ADB VP for KnowledgeManagement and Sustainable DevelopmentBAMBANG SUSANTONO

Malaysia External Trade DevelopmentCorporation (MATRADE) CEO DATO’ DZULKIFLIMAHMUD, DTI Assistant Secretary, ForeignTrade Service Corps MARIA ROSENI M. ALVERO ,Office of Small and Medium EnterprisesPromotion, Thailand Director of InternationalCooperation Department WITTAWAT LAMSAM

Page 44 of 64

The Panelists were:

47.8.1 MR. GANESHANWIGNARAJA, Advisor,Office of the ChiefEconomist, ADB

47.8.2 MS. MA. TRINASUMAYANG, TubigonLoomweavers MultipurposeCooperative

47.8.3 MS. JEANNIE JAVELOSA,Co-Founder, Echostore andGREAT WOMEN Platform-Brand

47.9 Mr. GAUDENCIO “Goody” S.HERNANDEZ, JR, Executive Directorfor Kazakhstan, Maldives, MarshallIslands, Mongolia, Pakistan,Philippines and Timor-Leste of ADBand Chair of the M.A.P. AECCommittee - Closing Remarks

48. “PROJECT REPEAL”

The M.A.P. supported the National CompetitivenessCouncil’s (NCC) “PROJECT REPEAL: The PhilippineRed Tape Challenge”, an initiative to clean up regulationsand legislation by repealing provisions or rules which areno longer necessary or which may be detrimental to theeconomy. The overall goal is to reduce the cost ofcompliance for businesses and entrepreneurs, and thecost of administration and enforcement for thegovernment. The program has been patterned aftersimilar exercises in other countries, such as the UnitedKingdom, Australia, and South Korea.

M.A.P. members were requested to submit specific laws, rules and regulations which theyfound to be overly cumbersome, unnecessary, or even detrimental to the economy.

49. ASEAN Business Awards Philippines 2016

M.A.P. continued supporting the ASEAN BusinessAdvisory Council for its ASEAN Business Awards.The award recognizes outstanding local enterprisesand allowed them to be the agents for awareness onthe ASEAN Economic Community (AEC). It inspiredand rallied Filipino businesses to participate andbecome key players in the broader market in order

to strengthen the Philippines’ overall competitiveness in the AEC.

M.A.P. Trade, Industry of Tourism Committee Chair ALMAJIMENEZ (Q&A Moderator), Tubigon LoomweaversMultipurpose Cooperative (Bohol, Philippines) MA. TRINASUMAYANG, Echostore and GREAT WOMEN Platform-BrandCo-Founder JEANNIE JAVELOSA, ADB Advisor for Office ofthe Chief Economist GANESHAN WIGNARAJA and PIDS SeniorResearch Fellow ERLINDA MEDALLA

Page 45 of 64

50. March 3 Philippine Business and Investment Forum

M.A.P. PresidentPerry Perepresented theM.A.P. in thePhilippineBusiness andInvestment Forumor PBIF which washeld on March 3 atthe Sheraton Hotel Times Square in New York City.

The PBIF provided a venue for exploring the opportunities and challenges in key areas of thebooming Philippine economy. Three panels tackled issues focused on the banking sector, thestate of public infrastructure, and the strengths of the manufacturing industry.

51. JUNE 23 UBS FORUM ON “MID-YEAR ECONOMIC OUTLOOK: EXPLORING THEUNKNOWN” – HOSTED BY UBS (SINGAPORE)

51.1 The M.A.P. invited the Board members, Committee Chairs and new members inductedin 2015 and 2016 to the June 23 (Thursday) UBS Forum on “Mid-Year Economic Outlook:Exploring the Unknown” which was hosted by UBS (Singapore).

51.2 The forum aimed to equip the participants with the global economic picture, the thinkingbehind government policy responses, the consequences on investment returnexpectations and the cross-asset opportunities worth looking at in the second half of2016, and beyond.

52. NOV. 9 – 10 PASIAWORLD 5TH ANNUAL CONFERENCE

52.1 M.A.P. participated as Supporting Organization of the November 9-10 PASIAWorld 5thAnnual Conference on “The Rise of the ASEAN Procurement and Supply Chain forGlobalization: Rapid Growth of the Best Practices to Achieve SustainableCompetitiveness.”

52.2 The Conference aims to educate and enhance the knowledge of industry professionalsin the supply chain.

53. March 11 Joint Special Testimonial Luncheon for Foreign Affairs Secretary ALBERT F.DEL ROSARIO

The M.A.P. co-sponsored the 11 March 2016 Special Testimonial Luncheon for former ForeignAffairs Secretary ALBERT F. DEL ROSARIO, who served as M.A.P. President in 2007 and wasawarded “M.A.P. Management Man of the Year 2014”.

The co-sponsoring organizations were AmCham, Bankers Association of the Philippines,Chamber of Mines of the Philippines, FINEX, MBC and PCCI.

Page 46 of 64

M.A.P. President PERRY PE, Chamber of Mines Philippines President PHILIP ROMUALDEZ, PCCI PresidentGEORGE BARCELON, MBC Chair RAMON DEL ROSARIO, former DFA Secretary ALBERT DEL ROSARIO, FINEXPresident GEORGE CHUA, AMCHAM President RICK SANTOS, Bankers Association of the Philippines (BAP)Managing Director CESAR VIRTUSIO and MBC Vice Chair JAIME AUGUSTO ZOBEL DE AYALA

M.A.P. President PERRY PE, former MBC Trustee RICARDO ROMULO, Amb. PHILIP GOLDBERG, former DFASecretary ALBERT DEL ROSARIO, AmCham Executive Director EBB HINCHLIFFE (partly hidden), formerMBC Chair RAMON DEL ROSARIO, US-ASEAN Business Council Senior Representative ELIZABTHMAGSAYSAY-CREBASSA, MBC Co-Vice Chair ROBERTO DE OCAMPO and MBC Executive Director, PETERPERFECTO

54. JULY 29 AMCHAM – MBC – M.A.P. – US-ASEAN Business Council SPECIALTESTIMONIAL LUNCHEON IN HONOR OF AMB. JOSE L. CUISIA, JR. AND AMB. PHILIPS. GOLDBERG

The American Chamber of Commerce, the Makati Business Club, the US-ASEAN BusinessCouncil and M.A.P. hosted a Joint Special Luncheon in honor of Philippine Ambassador to theUS, Amb. JOSE L. CUISIA, JR., and US Ambassador to the Philippines, Amb. PHILIP S.GOLDBERG.

55. OCTOBER 4 LATHAM & WATKINS CONFERENCE ON “SUSTAINING THE PHILIPPINES’MOMENTUM: NAVIGATING TRANSITIONS AND FINANCING GROWTH”

The M.A.P. co-sponsored the 3rd Latham & Watkins (L&W) Conference on “Sustaining thePhilippines’ Momentum: Navigating Transitions and Financing Growth” at the Shangri-la at TheFort.

Page 47 of 64

56. SEPTEMBER 26 PHILIPPINE CONFERENCE ON RESEARCH IN CSR

The M.A.P. co-sponsored the 6th Philippine Conference on Research in CSR entitled “TeachingCSR” which held on 26 September 2016 at the Club Filipino in San Juan City.

The topics included the following:

56.1 A Review the Past Conferences: Finding a Suitable CSR Theory for the Philippines andASEAN

56.2 How to Teach CSR: Development of CSR from 1.0, 2.0 to 3.056.3 Government’s Current Thinking on CSR Education56.4 Good Governance and CSR56.5 Teaching CSR: Experiences from various universities

57. M.A.P.’s TOP ISSUES/RECOMMENDATIONS FOR INCLUSION IN THE 2016 PBG-JFCLETTER TO THE NEW PRESIDENT

As approved at its meeting on 12 May 2016, the Board noted that the following top 5issues/concerns of the M.A.P. were submitted to the Makati Business Club (MBC) for possibleinclusion in the Joint PBG-JFC Letter to President-Elect Rodrigo Duterte:

57.1 STREAMLINING OF GOVERNMENT - abolition of irrelevant GOCCs and governmentagencies (e.g., NFA)

57.2 FOOD SECURITY – agriculture, credit, market access, CARP57.3 INCLUSIVE GROWTH - poverty reduction, job creation, tax reform and alternative

sources of revenue57.4 INFRASTRUCTURE AND TRANSPORTATION57.5 NATIONAL SECURITY – West Philippine Sea

58. WORKING WITH OTHER PHILIPPINE BUSINESS GROUPS (PBGS) AND JOINT FOREIGNCHAMBERS IN PUSHING FOR THE FOLLOWING KEY ISSUES:

58.1 Institutionalizing Integrity and Good Governance58.2 Achieving Inclusive Growth58.3 Accelerating Infrastructure Development58.4 Ensuring Energy Security and Price Competitiveness58.5 Increasing Foreign Investments58.6 Addressing Smuggling58.7 Promoting Anti-Trust and Competition Policy58.8 Rationalizing Fiscal Incentives58.9 Retaining the Mining Act, Complemented by Implementing A Competitive Fiscal Regime58.10 Revisiting the Restrictive Provisions in the Constitution and in Other Laws58.11 Reforming the Judicial System

59. M.A.P.’S MEMBERSHIP IN THE AAMO

59.1 The M.A.P. continued its membership with the Asian Association of ManagementOrganization (AAMO). M.A.P. became a member of the AAMO in 1989.

59.2 AAMO is a partnership of National Management Organizations (NMOs) in the AsianRegion whose purpose is to share and actively leverage resources to enhance theachievement of their respective missions. AAMO is an independent, non-political and

Page 48 of 64

not-for-profit Association of NMOs, which promotes, facilitates and supports thedevelopment of professional management in the Asia Pacific Region.

59.3 The AAMO members are Australia, Hong Kong, India, Japan, Macau, Malaysia,Mauritius, Nepal, New Zealand, Pakistan, the Philippines, Qatar, Singapore, Sri Lankaand Taiwan.

59.4 The activities of AAMO are aimed at but not limited to establishing and maintaining activelinks between NMOs, providing a framork for facilitating the widest range of bilateralinitiatives and networking across NMOs in the region and beyond. It facilitates sharingof resources, knowledge and regional information in support of today’s interconnectedmanagement world and the demand for ready access to up-to-date managementinformation, thinking and views. It organizes and conducts specific (non-competitive)management programs, supported by the NMOs. With its presence, AAMO adds aninternational dimension to activities and image of NMOs.

59.5 Through its network, AAMO holds a unique place in being able to promote, facilitate andsupport the development of professional management in the Asia-Pacific Region. Up-skilling Asian managers in trading capability, cultural practices and businessopportunities can be a key element of what AAMO can provide stewardship on andimplement through AAMO’s member management organizations like the M.A.P.

59.6 The M.A.P. hosted the AAMO 2015 2nd Council Meeting and 4th Annual General Meetingfrom 7 to 9 October 2015 (Wednesday to Friday) in Makati City.

59.7 The countries/regions represented at the 7-9 October 2015 AAMO Council Meeting were:

59.7.1 Australia - Australian Institute of Management (AIM)59.7.2 Hong Kong - Hong Kong Management Association (HKMA)59.7.3 India - All India Management Association (AIMA)59.7.4 Macau - Macau Management Association (MMA)59.7.5 Malaysia - Malaysian Institute of Management (MIM)59.7.6 Nepal - Management Association of Nepal (MAN)59.7.7 Philippines - Management Association of the Philippines (M.A.P.)59.7.8 Sri Lanka - Institute of Management of Sri Lanka (IMSL)

60. JAPAN’s “YOUNG LEADERS PROGRAM (YLP) 2017”

The M.A.P. continues to be a Recommending Authority for the Philippines for the “YoungLeaders Program (YLP)” of the Japan Ministry of Education, Culture, Sports, Science andTechnology and the Japan Information and Culture Center.

The YLP offers promising young business and government leaders from Asian and othercountries the opportunity to study in Japan at a Master’s level at Hitotsubashi UniversityGraduate School of International Corporate Strategy.

The primary objectives of the YLP are to:

1. Foster future national leaders in the countries of Asia and other regions2. Create comprehensive human networks among the leaders of nations3. Establish friendly relationships among the countries involved, including Japan4. Improve the quality of policy planning in the participating countries

Page 49 of 64

61. SURVEYS

61.1 PWC Survey on Business Resilience

The M.A.P. promoted the PricewaterhouseCoopers (PwC) Survey on BusinessResilience to M.A.P. members.

The United Nations Office for Professional Services (UNOPS) has requested PwC toconduct a disaster risk management (and resilience) analysis of SMEs in the followingfive cities from different regions across the world: San Juan de Lurigancho (Perú); Makati(the Philippines); Kisumu (Kenya); Kathmandu City (Nepal); and Mexico City (Mexico).

The objective was to gather the challenges that businesses face to help drive action toreduce risks, unlock new opportunities and ultimately enhance collaboration on disasterrisk management between the private and the public sectors.

61.2 EABC Survey on Optimal Regional FTA Formation

M.A.P. members were invited to participate in the Survey on Optimal Regional FTAFormation in East Asia. The survey was a project of the East Asia Business Council(EABC) where the Philippines is represented by MAP Members Manny Pangilinan andJay Yuvallos with Ms. Tessie Coson.

62. THE REPORT: THE PHILIPPINES 2016

62.1 The M.A.P. continued its media partnership with the OxfordBusiness Group (OBG) in developing “The Report: ThePhilippines 2016.”

62.2 The partnership enabled MAP members to be featured inthe OBG Annual Publication on the Philippines and entitledMAP to 100 complimentary copies of the book that couldserve as tokens to speakers for MAP events.

62.3 Here below is the link, for a preview of The Report:

http://www.oxfordbusinessgroup.com/philippines-2016

63. M.A.P. - LEADING EDGE MEDIA PARTNERSHIP FOR PRODUCING AN INVESTMENTGUIDE ON THE PHILIPPINES

The M.A.P. partnered with the London-based LEADING EDGE (LE)Guides for producing an Investment Guide on the Philippines.

Like the existing M.A.P. partnership with the Oxford Business Group, the LE Guides would likeM.A.P. to:

Page 50 of 64

M.A.P. Vice President MARIFE ZAMORAdelivering the Welcome Remarks at the

“KINSElebrasyon”

63.1 Provide assistance for LE Guides by assigning a person within M.A.P. who will help withthe research, with identifying key companies across major economic sectors and suggestand help schedule meetings with personalities to speak to.

63.2 Acknowledge LE Guides as a PARTNER in its website and add a link on the M.A.P.´swebsite to LE Guides website.

63.3 Grant invitations to LE Events Officer to the monthly M.A.P. GMMs.

64. M.A.P. Members Inputs to the IRR of the Philippine Competition Act of 2015

The M.A.P. submitted some members’ inputs for the Implementing Rules and Regulations(IRR) of the R. A. No. 10667, more popularly known as “The Philippine Competition Act of2015,” a game-changing legislation that aims to create a level playing field for businesses forthe ultimate benefit of consumers.

Inclusive and Sustainable Growth

65. Children’s Hour Annual Benefit Lunch 2016: “KINSElebrasyon”

65.1 The M.A.P. participated in the February 11 Children’s HourAnnual Benefit Lunch 2016 dubbed as “KINSElebrasyon.”

65.2 Since 2004, the M.A.P. has been active in providingeducational and health needs for the Foundation’sbeneficiaries, and the M.A.P. has consistently encouraged itsmembers to support the worthy projects of Children’s Hour.

65.3 The M.A.P. has been conducting an annual M.A.P. Golf Cup for CSR to generate fundsfor Children’s Hour and M.A.P.’s other CSR programs.

65.4 M.A.P.’s participation in the Children’s Hour reaffirms M.A.P.’s continuing involvement inhelping address the education and health needs of the youth that would effectivelyharness their potentials as productive and responsible citizens.

65.5 The M.A.P. contributed P130,000 to Children’s Hour in 2016, with P100,000 coming fromthe income of the June 7 MAP GOLF CUP for CSR 2016.

Page 51 of 64

66. MOU on K - 12 among DepEd, PBGs and JFCs

The M.A.P. co-signed the MOU on K – 12 among theDepartment of Education (DepEd), the Philippine BusinessGroups (PBGs) and the Joint Foreign Chambers (JFCs).

M.A.P. Vice President Marife Zamora represented the M.A.P.in the MOU signing on 16 February 2016 at the DepEd Officein Pasig.

The MOU indicated the following expectations from the M.A.P.:

66.1 Support DepEd in jobs profiling and skills mapping inareas where the members operate;

66.2 Partner with the local DepEd offices or specific schoolsby providing support and opportunities for workimmersion for students, training of teachers, and use offacilities;

66.3 Help, whenever possible, the local DepEd and theschools in addressing resource gaps through donations;and

66.4 Accept for employment, applicants who have completedthe new twelve-year Basic Education Program from anyprivate or public school in the Philippines; withoutprejudice, however, to requiring other appropriatequalifications.

67. M.A.P. Members are encouraged to be Child Road Safety Warriors who care forchildren's safety on the road

The M.A.P. participated in the Automobile Association of the Philippines (AAP) and Subic BayChildren’s Road Safety Park Project by encouraging M.A.P. members for support through anyof the following sponsorships:

67.1 INDIVIDUAL OR FAMILY/GROUP (CAR PLATE): - Donors will be given apersonalized car plate which will be displayed at the Park:67.1.1 Individual Donor (P 1,000.00)67.1.2 Family/Group Donor (P 5,000.00)

67.2 CALLING POINT SPONSOR Calling Points are mini representations ofestablishments inside the Park such as gasoline stations, autocare shops, banks andconvenience stores, to name a few. Entitlements are calling point area, free use of thepark once a year, publicity and promotions and other benefits depending on the sizeof the calling point.

67.3 Platinum Sponsor (P1.2M) with 25sq.m. calling point area67.4 Gold (P1M) with 18 sq.m. calling point area67.5 Silver (P700K) with 12 sq.m. calling point area67.6 Bronze (P400K) with 9 sq.m. calling point area

Page 52 of 64

The Children’s Road Safety Training Park is a miniature community complete with roads,traffic control devices such as traffic signs and pavement markings, public transportationstops, and buildings representing public amenities like the fast food restaurants, banks,supermarkets, libraries and shops.

68. “BUSINESS+” National Survey on Inclusive Business

On 7 October 2016, the M.A.P. co-signed a Memorandum of Understanding (MOU) with theDepartment of Trade and Industry - Board of Investments (DTI-BOI) and the United NationsDevelopment Programme (UNDP) in partnership with the Philippine Business for SocialProgress (PBSP), the Makati Business Club (MBC), the Philippine Chamber of Commerce andIndustry (PCCI), and the International Chamber of Commerce Philippines (ICCP) for theconduct of the “BUSINESS+” National Survey on Inclusive Business.

The “BUSINESS+” is also supported by Senator Paolo Benigno “Bam” Aquino IV, the UNDPIstanbul International Center for Private Sector in Development (IICPSD), the Koç University,the Istanbul Kemerburgaz University, and the University of Asia and the Pacific (UA&P).

The research is being applied nationwide to measure Filipino companies’ awareness of andengagement with Inclusive Business approaches. This will help the aforementionedstakeholders identify major areas of policy intervention and foster Inclusive Businesses inPhilippines.

69. “2016 NATIONAL TEACHERS’ MONTH”

Department of Education’s (DepEd) NATIONAL TEACHERS MONTH: Held from September 5to October 5 with the theme, "My Teacher, My Hero". This was in recognition of Filipino teachersand educators and their contribution in nation-building. M.A.P. members were encouraged tosupport the National Teachers Month advocacy in empowering Filipino teachers and engagingthe public in expressions of gratitude and participation in their activities.

The Board approved the M.A.P.’s continuing promotion of NTM among M.A.P. members. Thiswill be the 4th year that the M.A.P. will be promoting the NTM among M.A.P. members.

M.A.P. members were encouraged to do the following during the NTM period from September5 to October 5:

69.1 Offer discounts and promos for teachers in member establishments or branches

69.2 Disseminate and pray the National Prayer for Teachers as one company at exactly 10:05AM on 5 October 2016 in offices or during flag-raising ceremonies every Monday fromSeptember 5 to October 2

69.3 Put up banners, streamers, countertops announcing support for NTM

69.4 Hold a simple program honoring teachers on 5 October 2016.

Page 53 of 64

70. FARM BUSINESS SCHOOL

70.1 MFI and M.A.P. signed a MOU in August 2012 and jointly committed to develop a newgeneration of entrepreneurs in the countryside by way of an innovative approach oflearning agribusiness through the FBS. The FBS aims to help address rural poverty whichpersists in the countryside requiring concerted programs of government and privateenterprises with common goals of maximizing productivity and creating opportunities foragribusiness enterprises.

70.2 The objectives of the FBS Project are to:

70.2.1 help improve the lives of small farmers by promoting innovative educationalprograms, especially for their children

70.2.2 help set up livelihood opportunities for agribusiness students, alumni, parents,and immediate communities.

70.3 The concept of the FBS is as follows:

70.3.1 Post-secondary institution

70.3.2 Offers eight- or 12-month Certificate courses

70.3.3 Offers two- or three-year Diploma programs under the Technical Education andSkills Development Authority (TESDA).

70.3.4 Patterned after:

(a) Family Farm Schools (Alternating System)(b) Dual Training System (School-Factory Model)(c) UA&P Bachelor of Science in Entrepreneurial Management (Start-up

Ventures)

70.4 FBS is a ladderized program that follows competency-based curriculum design:

70.4.1 1st Year Certificate in Horticulture (National Competency or NC II)70.4.2 2nd Year Certificate in Animal Production (NC II)70.4.3 3rd Year Internship (Full-time, four months)

70.5 The courses offered by the FBS are business programs, not agriculture. But imbeddedin the curriculum are two TESDA compliant certificate courses in Horticulture NC II andAnimal Production NC II.

70.6 The first four Farm Business Schools that have been given franchise by the M.A.P. wereas follows:

70.6.1 MFI FBS in Jala-Jala, Rizal70.6.2 W.B. Dawson FBS in Puerto Princesa City70.6.3 Catholic Ming Yuan College FBS in Murcia, Negros Occidental70.6.4 Saniel Integrated Farm Technology and Business School in Mahayag,

Zamboanga del Sur

Page 54 of 64

70.7 The M.A.P. signed MOUs in 2015 for the Farm Business School Program of the M.A.P.and the MFI Foundation with the following additional FBS Partners:

70.7.1 ACES Polytechnic Collegeof Panabo City, Davao del Norte

(standing) RENE GAYO, ART ABELLA andROLLY DY

(seated) POPOY DEL ROSARIO, FRANK DELA PEÑA and JOSE SANDEJAS

70.7.2 Andres Bonifacio Collegeof Dipolog City, Zamboanga del Norte

(standing) LILIA UYCOCO, OSCAR TORRALBA andRENE GAYO

(seated) POPOY DEL ROSARIO, JOSE SANDEJASand SANCHO AMATONG

70.7.3 Foundational Center, Inc.of Tacloban City, Leyte

(standing) RENE GAYO, OSCAR TORRALBA andMARIELLE CORPIN

(seated) POPOY DEL ROSARIO, JOSESANDEJAS and BARTOLOME PASTOR

70.7.4 St. Paul Universityof Dumaguete City, Negros Oriental

(standing) RENE GAYO and OSCARTORRALBA

(seated) POPOY DEL ROSARIO, JOSE SANDEJASand NINTHA LUCILLA BALDADO

Page 55 of 64

70.8 A total of 167 students have graduated and 457 were enrolled in 2015. They wereenrolled in the Diploma in Farm Business Management or the Diploma inEntrepreneurship (DE). The DE offers specializations in Agricultural Business, OrganicAgriculture, Eco-Farm Tourism, and Sustainable Agriculture.

70.9 The M.A.P. contributed P240,000 to Foundation for Peoples Development, Inc. on 18August 2015 to finance two (2) scholars from August 2015 to Aug. 2016for the FBS inMFI Jala-Jala.

70.10 The cost for the 2-year program amounts to P240,000 per scholar which covers board,lodging, uniform, school supplies, etc.

70.11 A number of partner institutions and individuals have provided scholarships to thestudents of the FBS, including the following:

70.11.1 MFI Foundation70.11.2 Development Bank of the Philippines (DBP)70.11.3 Philex Mining Corporation70.11.4 Agricultural Training Institute70.11.5 Foundations for People Development70.11.6 Congressman Dennis Socrates of Palawan70.11.7 Congresswoman Josy Limkaichong of Negros Oriental70.11.8 Senator Panfilo Lacson70.11.9 Landbank of the Philippines70.11.10 Local Government Unit of Kauswagan, Lanao del Norte

71. OCT. 19 – 20 AIM – M.A.P. MANAGEMENT EDUCATORS WORKSHOP 2016 IN THEWESTERN VISAYAS (REGION VI)

71.1 The objectives of the Management Educators Workshop (MEW) are to:

71.1.1 bring together management practitioners and teachers so that the latter wouldknow what the employers want of future managers.

71.1.2 help Philippine schools of management improve their school curricula, coursesyllabi and content and teaching practices as well as teach their students how torespond to the fast changing demands of customers, clients, citizens andstakeholders.

71.1.3 address the following key challenges for modern management:

(a) innovative techniques for teaching management(b) greater practitioner orientation in management education and training(c) involving management practitioners in education

71.1.4 propagate excellence in management education and help prepare the country forthe challenges of global competition.

71.1.5 allow AIM to share its main teaching technology, the case method, and its wealthof Asian teaching materials with other management schools.

Page 56 of 64

71.2 The MEW 2016 in Western Visayas (Region VI) was held from October 19 to 20 at theSarabia Manor Hotel and Convention Center in Iloilo City.

71.3 Speakers and topics included:

71.3.1 “Objectives and Expected Outputs of the MEW” withAIM Professor MARIO ANTONIO “Mayo” G. LOPEZ,Chair and Project Manager for MEW of the M.A.P.Management Development Committee

71.3.2 “Expectations from Graduates for the ICT Industry” withMs. HELEN P. MACASAET, former Chair of the M.A.P.ICT Committee and Independent Consultant of theSupreme Court of the Philippines

71.3.3 “Expectations from Graduates for the ManufacturingIndustry” with Ms. OLIVIA “Olive” LIMPE-AW, Presidentand CEO of Destileria Limtuaco and Company, Inc.

71.3.4 “Making Sense of the VUCA World we live in” with Dr.FEDERICO “Poch” M. MACARANAS, Professor of AIM

71.3.5 “Developments in the Accountancy Profession” with Mr.JESSIE C. CARPIO, Vice Chair of the M.A.P.Management Development Committee and President ofthe P&A Grant Thornton Outsourcing, Inc.

Page 57 of 64

71.3.6 “Latest Developments in Corporate Governance” withMr. GREGORIO “Greg” S. NAVARRO, Chair of theM.A.P. Corporate Governance Committee andManaging Partner and CEO of Navarro Amper & Co. /Deloitte Philippines

71.3.7 Workshop 1: "Leadership in the VUCA World" with Dr. MACARANAS

71.3.8 Workshop 2: “Teaching Leadership in the VUCA World” with Dr. NOEL M.CORTEZ, Head (Dean) of the W. SyCip Graduate School of Business, AIMand Prof. MAYO LOPEZ

71.4 The MEW 2016 had 56 attendees representing the following 21 schools:

71.4.1 Aklan Catholic College71.4.2 Aklan State University71.4.3 Capiz State University - Main Campus71.4.4 Carlos Hilado Memorial State College71.4.5 Colegio de San Agustin – Bacolod71.4.6 Colegio de San Jose71.4.7 Collegio de la Purisima - Roxas City71.4.8 Filamer Christian University - Roxas City71.4.9 Hercor College – Capiz

Page 58 of 64

71.4.10 Iloilo City Community College71.4.11 ISAT - U71.4.12 John B. Lacson Foundation and Maritime University71.4.13 La Consolacion College – Bacolod71.4.14 Santa Isabel College of Iloilo City71.4.15 St. Paul University – Iloilo71.4.16 St. Therese - MTC Colleges71.4.17 STI - West Negros University71.4.18 University of Antique71.4.19 University of Negros Occidental – Recoletos71.4.20 University of San Agustin71.4.21 University of the Philippines - Visayas

71.5 The MEW was launched in 1992 and has been held in the following cities: Cebu, Manila,Davao, Baguio, Cagayan de Oro, Zamboanga and Iloilo.

72. ENABLING TEACHERS TO LEARN FROM M.A.P. SPEAKERS/MEMBERS

The M.A.P. continued inviting at least ten business teachers from the various universities andcolleges in the country to interact with M.A.P. members and speakers in every GMM.

It is M.A.P.’s main expectation that the teachers will learn from the insights of M.A.P. membersand from the presentations of the speakers in the M.A.P. GMMs.

73. SHOWCASING OF PHILIPPINE-MADE PRODUCTS/SERVICES IN M.A.P. GMM

The M.A.P. also continued inviting companies to set up booths in the monthly GMMs toshowcase their Philippine-made products/services that help improve the competitiveness ofPhilippine business.

PROGRAMS FOR MANAGEMENT EXCELLENCE

74. “M.A.P. MANAGEMENT MAN OF THE YEAR”

74.1 The search for “M.A.P. Management Man of the Year” is one of the M.A.P.’s vehiclesin promoting management excellence for nation-building.

74.2 For almost five decades since 1967, the M.A.P. has been conducting an annual searchfor “M.A.P. Management Man of the Year” to recognize a person of exceptional distinctionin the practice of management over a significant period of time.

74.3 The “M.A.P. Management Man of the Year” is a prestigious award that M.A.P. bestowson individuals in the business community or government for attaining unquestioneddistinction in the practice of management and for contributing to the country’s progress.The conferment of the award follows a thorough, stringent selection process. Thedistinction of “M.A.P. Management Man of the Year” has only been conferred 40 timesin the five decades history of the award.

Page 59 of 64

74.4 The criteria for the award include integrity, leadership, and management qualities;contribution to nation building and values formation; effective stewardship within theconfines of the highest standard of business and management practice; among others.

74.5 The roster of “M.A.P. Management Man of the Year” awardees include: Washington Z.SyCip (1967), Geronimo Z. Velasco (1977), Henry A. Brimo (1978), Jose M. Soriano(1979), Cesar E.A. Virata (1981), Jaime V. Ongpin and Vicente T. Paterno (1982), DanteG. Santos (1983), Cesar A. Buenaventura and Roberto T. Villanueva (1985), JaimeZobel de Ayala (1987), Ramon V. del Rosario, Sr. (1988), Jose B. Fernandez, Jr. (1989),Raul T. Concepcion (1990), Oscar J. Hilado (1991), Alfonso T. Yuchengco (1992), JuanB. Santos (1994), David M. Consunji and Rizalino S. Navarro (1996), Gabriel C. Singson(1998), Delfin L. Lazaro and Henry Sy, Sr. (1999), Oscar M. Lopez (2000), Tony TanCaktiong (2002), Jesus P. Tambunting (2003), Rafael B. Buenaventura (2004), ManuelV. Pangilinan (2005), George S. K. Ty and Jaime Augusto Zobel de Ayala (2006), JoseL. Cuisia Jr. (2007), Antonino T. Aquino and Jesus P. Estanislao (2009), Lilia B. de Limaand Ramon R. del Rosario, Jr. (2010), Erramon Aboitiz (2011), Aurelio R. Montinola III(2012), Edgar O. Chua (2013), Albert F. del Rosario (2014) and Amando M. Tetangco,Jr. (2015).

75. Ms. TERESITA “Tessie” SY COSON is“M.A.P. Management Man of the Year 2016”

75.1 The M.A.P. awarded Ms. TERESITA “Tessie” SY COSON of the SM Group ofCompanies as the 40th recipient of the “M.A.P. Management Man of the Year 2016”award.

75.2 Ms. Coson was chosen for the following:

75.2.1 steering the SM Group’s retail business to greater heights with her over fourdecades of retail experience;

75.2.2 transforming the SM Group’s property business into one of the largest integratedproperty developers in Southeast Asia with investments in malls, residences,commercial buildings, leisure and tourism;

75.2.3 her valuable contribution in sustaining the BDO’s position as the leading bank inthe Philippines;

75.2.4 her leadership role in the substantial contributions of the SM Group of companiesto national development, job creation and income generation through its hugeinvestments in real estate, banking, shopping malls, hotels, convention centers,and gaming;

75.2.5 strengthening the identity of companies under the SM Group as sociallyresponsible corporate citizens through the SM Foundation’s developmentalprograms on education, livelihood, health and wellness, and the BDOFoundation’s programs in the areas of relief operations, education, shelter and

Page 60 of 64

livelihood which have improved the lives of many Filipinos all over the country;and

75.2.6 her contribution to re-shaping national values through her track record ofintegrity, professional competence, and strong leadership.

76. M.A.P. Book on the 38 “M.A.P. Management Man of the Year” awardees, entitled“WINNING Management Lessons Outside the Classroom"

On 2 June 2016, the M.A.P. launched its new book on the 38 “M.A.P. Management Man of theYear” awardees entitled “WINNING: Management Lessons Outside the Classroom.”

The Book presents inspirational stories on leadership traits and management practices of theawardees that are worth emulating by future leaders and managers.

(l-r) M.A.P. Management Man of the Year (MMY) 1981 Awardee CESAR VIRATA, AnvilPublishing President and National Book Store Managing Director XANDRA RAMOSPADILLA, MMY 2003 CHUCHING TAMBUNTING, MMY 2010 LILIA DE LIMA, MMY 1994JOHNNY SANTOS, and MMY 2009 TONY AQUINO.

Page 61 of 64

M.A.P. MEMBERSHIP

The total M.A.P. membership has increased from 923 in 2015 to 961 as of 15 November 2016due to the following changes:

TOTAL MEMBERSHIP, as of January 1 923

New Members inducted from Jan to Dec. 12 113Reinstatements 14Resignations (56)Deceased (9)

NET INCREASE 62-------

TOTAL MEMBERSHIP, as of December 12 985

As of December 12, there were at least 85 new members for induction.

FINANCE

1. The M.A.P. will end 2016 with at least P3.0 million (M) in net excess of revenues overexpenses.

2. M.A.P.’s total assets increased by P4.1M or 10% from P40.7M in 2015 to P44.8M as of30 November 2016.

3. As of 30 November 2016, M.A.P.’s cash balances amounted to P34.4M, higher by P3.2Mor 10% than last year’s P31.2M.

4. M.A.P. had total money market investments of P28.2M as of 30 November 2016.

5. Three Fund Managers are handling P20M of the P28.2M money market investments asfollows:

5.1 BDO – P10M5.2 BPI – P5M5.3 Metrobank/FAMI – P5M

6. The Restricted M.A.P. Sustainability Fund has increased from P18M in 2015 to P21M in2016. The Sustainability Fund can only be used upon the approval of the M.A.P. Boardin the future to finance the basic operating expenses of the M.A.P. Secretariat,particularly in times when the Association may be operating in a deficit or when thecollected dues are insufficient to finance a particular year’s operating expenses.

Page 62 of 64

Elected M.A.P. Governors for 2017 - 2018

The following have been elected M.A.P. Governors for 2017 – 2018 who will serve concurrentlyas M.A.P. Research and Development Foundation Trustees for the same period:

1. Mr. ROMEO “Romy” L. BERNARDO, Managing Director, Lazaro Bernardo Tiu & Associates2. Mr. RAMONCITO “Mon” S. FERNANDEZ, President and CEO, Maynilad Water Services Inc.3. Dr. DONALD PATRICK LIM, Chief Digital Officer, ABS-CBN Broadcasting Corporation4. Mr. ALFREDO “Fred” E. PASCUAL, President, University of the Philippines (UP)5. Mr. PETER WALLACE, Chair, Wallace Business Forum

The five (5) Governors-elect will join our currently serving Governors on the M.A.P. Board for2017:

1. Atty. EMMANUEL “Noel” P. BONOAN, Vice Chair and COO, KPMG R.G. Manabat & Co.2. Mr. EDUARDO “Ed” V. FRANCISCO, President and CEO, BDO Capital & Investment Corporation3. Mr. EDUARDO “Eddie” H. YAP, President, Clairmont Group4. Ms. MARIFE B. ZAMORA, Chair, Convergys Philippines Services Corporation

M.A.P. Officers for 2017

The following will be the M.A.P. officers for 2017:President : Ms. MARIFE B. ZAMORAVice President : Mr. EDUARDO “Ed” V. FRANCISCOTreasurer : Mr. RAMONCITO “Mon” S. FERNANDEZAssistant Treasurer : Atty. EMMANUEL “Noel” P. BONOANSecretary : Dr. DONALD PATRICK LIMGovernor : Mr. ROMEO “Romy” L. BERNARDOGovernor : Mr. ALFREDO “Fred” E. PASCUALGovernor : Mr. PETER WALLACEGovernor : Mr. EDUARDO “Eddie” H. YAP

Page 63 of 64

THANKS

Thanks to the 2016 M.A.P. Board of Governors, headed by M.A.P. President PERRY PE.

Thanks also to the Chairs and Vice Chairs of the 2016 M.A.P. Committees (see Annex A) forhelping implement the M.A.P.’s objective of promoting management excellence for nation-building.

(l-r): M.A.P. Governor AL PANLILIO, Governor POPOY DEL ROSARIO,Assistant Treasurer NOEL BONOAN, Vice President MARIFE ZAMORA, Sec. PAQUITOOCHOA (Inducting Officer), President PERRY PE, Treasurer ED FRANCISCO,Secretary CHIT JUAN, Governor ABET VILLAROSA and Governor EDDIE YAP.

Page 64 of 64

ANNEX A