Tuesday, November 4, 2008
Subic
Trump, 2 partners to invest over $1B in Subic
By Ma. Elisa P. Osorio
Tuesday, November 4, 2008
Three international real estate firms, including the Trump Organization of real estate mogul Donald Trump, announced yesterday they will invest more than $1 billion in the country for the development of a high-end leisure facility in Subic.
The Trump Organization, which is the primary company of Trump, oversees nearly all of the business development interests of the real estate mogul- such as real estate, hotels, golf clubs, etc. (but excluding the casinos).
The Trump Organization signed a memorandum of agreement with two of its partners, Korean firm Heung-A Property Group (HAPG) and Westgate Resorts Asia Ltd., for the construction of an integrated leisure, sports and entertainment facility.
“Our initial foray in the Subic Freeport zone signals the extreme confidence of various highly funded multinationals with respect to both the near and long- term economic and investment prospects in the Philippines,” Seung Guk Yang, chairman of Subic Neocove Corp. said.
Neocove is a wholly owned subsidiary of HAPG, formed to oversee and manage the project while the Trump Organization will be the lead and master developer of the Subic project.
The billion dollar investment will be built in 457 hectare beachfront facility in Subic. The master plan includes several hotels, residential villas, retail shops, casinos, educational and medical facilities, a convention center, a water park and a spa anchored on a 54-hole golf course.
The entire project will be done in three stages.
The first stage is expected to start in the first quarter of 2009. First to be constructed are the golf course and infrastructure projects like roads. Neocove said they will be spending $250 million for this and will be completed by 2011.
Also expected to be competed first are the basic accommodations like the hotels, the school and the convention center.
The second phase will cost $500 million. The whole project will take 10 years to complete. Youn Jae Lee, chairman of HAPG said the slowdown in the world economy will have no impact on their plan because not only are they adequately capitalized, their target market are high end clients.
The target, he said, are long staying and community tenants mostly coming from the US and Korea. “We hope to maximize the long-term opportunities provided by the various growth areas in this region tapping the future growth of lifestyle, health and real estate investment spending,” Lee added.
My reaction to this is that it's nice that there are still people, let alone a real estate mogul named Donald Trump, who are willing to invest in the Philippines. This also shows a good sign that the Philippines is on the right track on being a "respectable" country and that the we are on our way up as contrary to popular belief that we are spiraling down further. My only concern here is that I hope that they still won't forget their responsibilities and obligations involved, whether it may arise during or after the project.
PACOLI J.
Monday, November 3, 2008
doing our part
PACOLI, J.
"positive" social rsponsibility
This is also another way of companies to look good to the public, or in other words, to keep looking good. When people see that they support these projects, they will think that they’re a good company so they’ll buy more products from them.
PACOLI, J.
helping others....
Corporations today
Corporations today in our country like HSBC, Smart, Globe, Ayala, Coke and other profit organizations are jumping into the wagon of corporate social responsibility. It has been a big effect. The companies today are now helping their consumers in many ways. Like they are giving back what they have earned. The concept of karma can be applied in these kind of situation. As it is stated in the golden rule “Do not do unto others as you would expect they should do unto you. Their tastes may not be the same “. This is being applied by the companies today. They are now helping the poor and needy, They have earned a big profit from their consumers. This is just one way to giving them back what they have earned. This is way is through corporate social responsibility.
CSR
Corporate social responsibility is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees and their families as well as for the local community and society at large.
There is a tendency for the companies to take a paternalistic view of their role in society, or be reactive to the inequality and poverty around them. Some have been made their community involvement more strategic, however. For example, a logistics company is involved in teaching school kids how to cross the street (because street accidents were hampering their delivery services), while a car manufacturer has engaged college students in road safety planning (because they want to be known not just for selling cars but as advocates of responsible driving too). The company funded the students’ implementation of a plan to redesign the traffic scheme in the school’s vicinity and was taught road safety skills.
Corporate Social Responsibility in ASEAN. Presented by Dr. Filemon A. Uriarte, Jr.
UNICEF
UNICEF is guided by the Convention on the Rights of the Child and strives to establish children's rights as enduring ethical principles and international standards of behaviour towards children.
UNICEF insists that the survival, protection and development of children are universal development imperatives that are integral to human progress.
UNICEF mobilizes political will and material resources to help countries, particularly developing countries, ensure a "first call for children" and to build their capacity to form appropriate policies and deliver services for children and their families.
UNICEF is committed to ensuring special protection for the most disadvantaged children - victims of war, disasters, extreme poverty, all forms of violence and exploitation and those with disabilities.
UNICEF responds in emergencies to protect the rights of children. In coordination with United Nations partners and humanitarian agencies,
UNICEF makes its unique facilities for rapid response available to its partners to relieve the suffering of children and those who provide their care.
UNICEF is non-partisan and its cooperation is free of discrimination. In everything it does, the most disadvantaged children and the countries in greatest need have priority.
UNICEF aims, through its country programmes, to promote the equal rights of women and girls and to support their full participation in the political, social, and economic development of their communities.
UNICEF works with all its partners towards the attainment of the sustainable human development goals adopted by the world community and the realization of the vision of peace and social progress enshrined in the Charter of the United Nations.
The NBA Cares Commitment
Since October 2005 through NBA Cares, the league, players and teams have raised more than $88 million for charity, donated more than 660,000 hours of hands-on volunteer service to communities worldwide, and built more than 310 places where kids and families can live, learn or play.
The NBA is dedicated to demonstrating leadership in social responsibility, using the popularity and visibility of its teams, players and the league to effect positive change around the world. NBA teams and players understand the responsibility they have to giving back to the communities that support them, and they do so through a diverse array of outreach programs and events. The larger NBA Family (including current and former players and coaches, parents, wives, referees, and league and team employees) is committed to giving back, motivated by the unique opportunity to make a profound difference.
NBA Cares works with internationally-recognized, youth-serving organizations that are geared toward these key social issues:
1. Education
2. Youth and Family Development
3. Health-Related Causes
Sunday, November 2, 2008
Starbucks Social Responsibility
Giving back to communities and the environment. Treating people with respect and dignity. Serving the world’s best coffee. Every day, we demonstrate our beliefs in the guiding principles of our mission statement in the way we do business.
In fact, corporate social responsibility at Starbucks runs deeply throughout our company. Here are some of the commitments they've made to do business in a socially responsible manner.
Helping protect the Environment
Commitment to Partners
| More than 5,000 people work for Starbucks in the UK, (over 100,000 people world-wide) and these people – whom we call “partners” – have been instrumental in our success. And because we owe so much of our success to their passion and dedication, we make it a priority to show how much we appreciate, value and respect them. In fact, the first two guiding principles in our Mission Statement speak to our commitment to partners.
|
Fuel Responsibility
PETRON FOUNDATION. Corporate citizenship and social responsibility are values firmly held in Petron Corporation. This is highlighted in the company’s corporate mission: caring for the community and the environment. In pursuit of this mandate, Petron Foundation implements programs to secure the future of the Filipino children and fuel their hopes through corporate social responsibility endeavors in the areas of education, environment, health & human services and advocacy.
Fuel HOPE. Petron’s CSR programs are under the umbrella program called Project H.O.P.E. - Helping Filipinos Overcome Poverty through Education. It is focused on providing a specialized learning program for the underserved children and youth. For the children, the focus will be on sending elementary-aged kids from Grades 1 to 6, keep them there, keep them well, and make sure that they learn. Support programs for the scholars’ parents are also provided. Parallel to this is the building of Petron Schools in areas where the need for a venue for education is greatest. The program for the youth, on the other hand, will be focused on promoting entrepreneurship among the youth by undertaking, creating, coordinating and acting as catalyst in entrepreneurship education and development, with the end-goal of making them creators of wealth.
Programs. Petron also undertakes other initiatives on the environment, health and human services, and advocacy. The Bataan Integrated Coastal Management Program, a comprehensive and long-term program with Petron, through the Foundation, is a prime mover. It seeks to manage the coastal and marine resources of the province and, in the long term, help rehabilitate the Manila Bay.
These are the short-term projects initiated by line and undertaken in partnership with the community & business partners. Included in this category are regular medical missions, tree planting/reforestation, coastal clean ups and motorist assistance and air traffic programs (in partnership with the Marketing Division).
Advocacy campaigns, which are deemed essential to promote public awareness, include active participation in the Corporate Social Responsibility Week, engaging the children of Petron employees through a Summer Camp, staging an annual Christmas program for our scholars and other indigent children and other related activities.
Much of the success of every social development program where Petron is involved comes from an active involvement in organizations that foster CSR, such as the League of Corporate Foundations and the Philippine Business for Social Progress. It likewise counts on strategic partnerships with government institutions, business community, international agencies and civil society groups, as well as from its employees, who regularly engage their time and talents to help make a difference in the lives of others.source: http://www.petron.com/socres.asp
Saturday, November 1, 2008
"negative" social responsibility
One example was with Johnson & Johnson. They had an incident in which it was reported that there were Tylenol bottles that had cyanide in it. Upon knowing that, they immediately recalled all those bottles and had to make a new design to make them tamper-resistant. They had to lose money to be socially responsible. Even though that had to happen, they are now recognized as one of the most trusted brands in the world because they care more about their customers than their pockets. The exact opposite scenario happened when Union Carbide made the news on the infamous Bhopal Disaster in India on 1984 where tons of methyl isocyanate were accidentally released into the atmosphere which caused plenty of deaths and a big rise on cancer and various other diseases in the area. Instead of being responsible for their mistakes, they even hid the true amount of contamination on the area and claimed that they cleaned out the area even though there are still traces left. As a result, the company received plenty of criticisms. The more popular example is the melamin scandal of China. Not only did it affect China, but it also affected plenty of countries around the world. Right now it's not only their milk products, but there's also danger that it could be passed on to their meat products because reports say that there are also traces of melamin on the feeds that they produce.
In my mind, all this incidents taught lessons to the companies the hard way. But it's the way they handled the situations that makes it worthwhile. As for China, (sorry for those Chinese people. don't worry I'm not hating on the Chinese) their "cheap" tactics are now getting exposed. I've always known that products made in China are somewhat "flawed," but I didn't imagine that it would go to this magnitude before they come to their senses and clean up their act.
PACOLI, J.
Beauties for A Cause
The pageant is looking mainly for women who are ready to stand up for environmental protection and preservation. The candidates are toured to different places in the country and engaged in activities like tree planting ceremonies, environmental and cultural immersion programs and sponsor visits. The finalists are asked one environmental question, an assessment necessary to be able to come up with the final decision on who will be crowned as Miss Earth. The winner is then expected to get involved in international environmental activities. She becomes the spokesperson for Miss Earth Foundation, United Nations Environment Programme (UNEP) and other environmental organizations. But in case the winner cannot live up to these responsibilities, the 1st runner-up will assume the title. The projects and activities of the candidates are shown in advertisements like tv commercials all throughout the pageant time so that people can see and get inspired by what the candidates are doing.
by: Fadul, Anthea