BOI fetes Guinogulan Awards winners
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.