BOI fetes Guinogu­lan Awards win­ners

Manila Bulletin - - Business News -

Cel­e­brat­ing its 50th an­niver­sary, the Board of In­vest­ments (BOI) an­nounced the win­ners of the 2017 BOI Guinogu­lan Awards dur­ing a gala din­ner held at the Philip­pine In­ter­na­tional Con­ven­tion Cen­ter on Oc­to­ber 9, 2017.

The Guinogu­lan Awards were given to BOI-reg­is­tered firms for their ex­cel­lence and ex­em­plary per­for­mances in sig­nif­i­cantly con­tribut­ing to the eco­nomic growth of the coun­try.

In­spired by the na­tive Filipino word “Guinogu­lan,” which lit­er­ally means “Lord of Golds,” the brand of ci­ta­tion rec­og­nized BOI-reg­is­tered that show ex­cel­lence and sig­nif­i­cant con­tri­bu­tion to the coun­try’s eco­nomic growth through cap­i­tal in­fu­sion, em­ploy­ment gen­er­a­tion, in­tro­duc­tion of new tech­nolo­gies and in­no­va­tion, im­ple­men­ta­tion of com­mu­nity re­la­tions, eco­nomic link­ages, and adop­tion of In­clu­sive Busi­ness mod­els in their op­er­a­tions.

The Awardees were handed the mas­ter­pieces of art crafted by worl­drenowned artist Ra­mon Or­lina. Etched and sculp­tured from solid glass, the pieces re­flect the Or­lina tenets of orig­i­nal­ity, im­pro­vi­sa­tion, and in­no­va­tion.

Ac­cord­ing to Trade Un­der­sec­re­tary and BOI Man­ag­ing Head Ce­ferino Rodolfo, the award does not only sup­ports Philip­pine global brand­ing but also "fur­ther high­lights the com­pet­i­tive ad­van­tages of do­ing busi­ness in the Philip­pines with the awardees as liv­ing proofs and tes­ti­monies to the vi­a­bil­ity and prof­itabil­ity of do­ing busi­ness in the coun­try."

The Guinogu­lan Awards is also a plat­form to in­form that suc­cess sto­ries of reg­is­tered mi­cro, small, and medium en­ter­prises (MSMEs) who are able to thrive and even ex­pand, and have suc­cess­fully in­te­grated their op­er­a­tions in global value chains.

The Guinogu­lan Awards were given to Royal Touch In­ter­na­tional Cor­po­ra­tion (Mi­cro En­ter­prise), Dekokcraft, In­cor­po­rated (Small En­ter­prise), In­te­rior Crafts of the Islands (Medium En­ter­prise), and In­ter­na­tional Con­tainer Ter­mi­nal Ser­vices In­cor­po­rated (Large En­ter­prise). Ken­ram Pal­moil In­dus­tries In­cor­po­rated mean­while was hailed as the awardee for the 2017 Guinogu­lan Awards for Busi­ness Ex­cel­lence or Most Out­stand­ing Busi­ness En­ter­prise.

Af­ter a thor­ough eval­u­a­tion by the award’s Cri­te­ria and Se­lec­tion Com­mit­tee, Ken­ram was ad­judged as the win­ner for its in­vest­ment project’s sig­nif­i­cant im­pact to the com­mu­nity through the im­ple­men­ta­tion of an In­clu­sive Busi­ness model into the com­pany’s op­er­a­tions and the busi­ness ac­tiv­ity’s im­pact and con­tri­bu­tion to the coun­try’s eco­nomic growth.

Ken­ram is a pro­ducer of crude palm oil and ker­nel with plan­ta­tions based in Sul­tan Ku­darat. It was reg­is­tered with the BOI on June 25, 2013. Ken­ram ser­vices about 810 in­di­vid­ual palm oil grow­ers and co­op­er­a­tives farm­ing ap­prox­i­mately 16,500 hectares in the SOCCSKSARGEN re­gion and Maguin­danao prov­ince. At the av­er­age of one worker per three hectares, the to­tal num­ber of work­ers di­rectly em­ployed by the in­dus­try in the re­gion is about 5,500.

The num­ber does not in­clude the em­ploy­ment gen­er­ated by other sup­port ser­vices such as the truck­ers, fer­til­izer sup­pli­ers, etc.

To en­cour­age more farm­ers to en­gage in oil palm-grow­ing, Ken­ram ex­tends fi­nan­cial sup­port by way of ad­vanc­ing the costs of im­ported and high-breed oil palm pre-ger­mi­nated seedlings and fer­til­iz­ers. Th­ese ad­vances will be paid by the farm­ers through stag­gered de­duc­tions from the pro­ceeds of the FFBs when the trees start pro­duc­ing fruits three years later. Ken­ram also pro­vides agro­nomic as­sis­tance to all its out­grow­ers such as free train­ing and sem­i­nars on oil palm plant­ings, proper farm main­te­nance and man­age­ment, lat­est har­vest­ing tech­nol­ogy and best prac­tices to in­crease yields.

Each farmer is as­signed a Ken­ram oil palm spe­cial­ist/agron­o­mist who con­ducts reg­u­lar vis­its to the farm to in­spect the plan­ta­tions, give tech­ni­cal ad­vice and en­sure problems, if any, are prop­erly ad­dressed.

Con­sid­ered as the most mod­ern and ef­fi­cient Palm Oil Mill in the coun­try, it con­trib­utes greatly to the do­mes­tic re­quire­ments of crude palm oil; hence less­en­ing the coun­try’s im­port of palm oil prod­ucts which in 2016 is es­ti­mated to be about 956,000 MT val­ued at ap­prox­i­mately US$600 mil­lion.

An ISO 9001:2015 cer­ti­fied en­tity with Cer­tifi­cate No. PH1228 ac­quired on Oc­to­ber 24, 2016, Ken­ram is com­mit­ted to pro­vid­ing high qual­ity prod­ucts through ef­fi­cient and sys­tem­atized im­ple­men­ta­tion of mill pro­cess­ing op­er­a­tions. This is ac­com­plished by en­sur­ing that its 135 reg­u­lar em­ploy­ees, 50 se­cu­rity per­son­nel and 20 to 30 sup­port group are happy and mo­ti­vated to work.

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