BoI cites 7 outstanding investors
The Board of Investments on Friday has awarded 7 investors for their outstanding performance as drivers of economic growth in the country and for wearing the country’s badge of prestige, commitment and responsibility.
The awardees for The 1st BoI Recognition Awards for Investors dubbed as “The 2009 Guinogulan BoI Recognition Awards” include DB Soft Philippines Inc., Celloom Furniture Corp., Sykes Asia Inc., Manila Water Company Inc., RD Corporation, Philex Mining Corp., and JG Summit Holdings Inc.
BoI Governor Francis L. Ferrer said that in selecting the awardees, they consider the amount of investments, technology transfer, employment generation and corporate social responsibility.
“These awardees undeniably made significant strides in shoring up the economy and remain bullish against the tide by turning challenges into opportunities. They are standouts in terms of capital growth, revenue and employment generation,” Ferrer said.
Ferrer also said that their CSR is what made the difference in the selection criteria.
As recipients of the “Guinogulan Awards,” the winners personify entrepreneurial spirit at its best as it exudes stability, flexibility and adaptability even amidst uncertain economic conditions.
“Guinugulan” is an old Filipino word the literally means “the lord of golds”. It is considered the best grade of native gold in the pre-Hispanic era. They also carry the badge of prestige, commitment and responsibility as they continue to keep their unwavering commitment in the strength and potential of the Philippines to be at par with the best in the world.
Thus, the Guinugulan Awards becomes apt in honoring corporations that had immensely contributed by way of investments and operations to the growth, stability and development of trade and commerce in the Philippines.
With their commitment and staying power, the BoI said, they serve as shining examples that more than profits and revenues, greater social responsibilities beckon.


