MANILA, Philippines — Filipino resilience has become a hackneyed idea during typhoons. How about bayanihan instead?
In the past days, as the successive Typhoon “Tino” and Supertyphoon “Uwan” left parts of the Philippines in a sorry state, some of the country’s biggest businesses showed up to help victims across Luzon and the Visayas.
The Lucio Tan Group extended help to families in Tino-hit Cebu and surrounding provinces through its firms, Philippine Airlines (PAL), Asia Brewery and Philippine National Bank.
READ: Typhoon Uwan death toll climbs to 18 – OCD
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The conglomerate said the flag carrier PAL was helping in airlift goods to Cebu and other typhoon-hit areas, adding it was “working with government agencies, humanitarian organizations, and private donors to move essential supplies as quickly as possible.”
Some 3,000 6-liter bottles of water have been distributed in Talisay, Cebu, with additional relief operations planned in Liloan and Consolacion.
Meanwhile, power distributor Meralco said it had restored power for about 203,000 customers as of Monday morning, down from 400,000 at midnight.
As the Philippines navigates through the ravages of Tino and Uwan, we can surely expect more of these acts of bayanihan not just from big businesses like these, but even among ordinary Filipinos. —Logan Kal-El M. Zapanta
Italpinas names new chief
Italpinas Development Corp. (IDC) has a new chief as it seeks boutique living bloom beyond the capital region.
Giuseppe Garofalo will lead the listed boutique developer’s dream to cash in on the rising demand for real estate projects in provincial areas.
He will succeed Romolo Nati, IDC’s co-founder who will continue to serve as the chair of the board and the chief of the design office.
The outgoing CEO said naming a new leader was necessary as the group’s growth vision needs “execution capability more than ever.”
READ: Italpinas expands Cagayan de Oro development
Garofalo has been in the firm’s leadership team, serving as chief operating officer.
“IDC’s success is built on a unique blend of sustainability, innovation, and teamwork,” he said.
“I look forward to leading our talented team as we continue to grow responsibly, create value for our shareholders, for the environment and for the communities and deliver thoughtfully designed certified green developments to our clients,” Garofalo added.
Backing its goal of launching a stronger footprint in the property market, Italpinas had vacated the energy sector through the divestment of its minority stake in Constellation Energy Corp.
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It also secured joint venture agreements for several real estate developments in Palawan and Mindanao. —Lisbet K. Esmael INQ