23 - Rotary Club of Makati

RY 2012-2013 • No. 37 Tuesday, 23 April 2013MSWD, Bantay Bata Committee conduct 8thtraining seminar for Makati barangay leadersThe Makati SocialWelfare Department(MWSD) conducteda Life Skills TrainingSeminar for barangayleaders at the MakatiYouth Home in Brgy. LaPaz, Makati on 18-19March 2013. This wasthe eighth trainingactivity organizedby the MSWD andsponsored by theClub’s Bantay BataCommittee this RY2012-2013. The BantayBata Committee ischaired by FrankChavez.T h i r t y - e i g h tparticipants from thedifferent barangaysin Makati took part inthe two-day seminar,which was conductedby facilitators from the MSWD headed byMs. Remedios Ramos, MSWD assistantdepartment head, and resource speakersfrom MSWD and the Virlanie Foundation.Day 1 began with an opening prayer,an overview of the training program, anda welcome message from Ms. Ramos, witha word of acknowledgment of MWSD ’spartnership with the Rotary Club of Makatithrough its Bantay Bata Committee in theMSWD training program.Four of the seminar’s eight sessionswere done on the first day, with Ms. Ramoshandling the introduction, which sent theparticipants on a journey of self-discoveryto find their strengths and weaknesses, aswell as family values, factors that affectone’s character traits, and one’s personaland career goals.Aries Burgonio of Virlanie Foundationhandled the next three modules—ondecision making, creative thinking,and critical thinking. These entailedexpectation setting, body mapping andgoal setting. They undertook exercises inwhich they set goals, charted the steps toreach them, and draw a time line, takingcare to consciously reach the “peaks”while avoiding the “pits.”Day 2 was devoted to the discussionof the remaining four topics—effectivecommunication, empathy, interpersonalrelationships, and negotiating skills, withMr. Burgonio as resource speaker. Theydiscussed the importance of being agood listener in communications, waysto develop one’s ability to empathizeand enhance one’s relationships withothers, anger management, and conflictresolution.

RECAP Tuesday,16 April 2013LESTER TAYInvocatorEDDIE YAPIntroducerSAM YOUNGModeratorREUBEN VALERIOClub PresidentAPRIL LYNN TANGuest SpeakerIn light of troubling developments inmany parts of the world, some wrought byMan, others by Nature, it was most aproposthat Lester Tay chose to share the belovedprayer of St. Francis of Assisi, on peace:Lord, make me an instrument of your peace,Where there is hatred, let me sow love;Where there is injury, pardon;Where there is doubt, faith;Where there is despair, hope;Where there is darkness, light;Where there is sadness, joy.O Divine Master,grant that I may not so much seek to beconsoled, as to console;to be understood, as to understand;to be loved, as to love.For it is in giving that we receive.It is in pardoning that we are pardoned,and it is in dying that we are born to EternalLife.Amen.Absent any announcements fromdirectors and committee chairmen,the program moved quickly from theinvocation to President’s time. Pres.Reuben Valerio reported on the forgingof a Sister-Clubs agreement with RC ILA book for Ms. April Lynn Tan2Kaunlaran No. 37 • 23 April 2013Bong, Cheonan, Korea,a very young clubcompared to ours, henoted, adding thatonly the PDG, who ishis age (75 y.o.) looked“somewhat aging.”He also recounted hisgastronomic adventurewith a Korean delicacy--raw octopus, which,he soon found out, is“alive” even after beingcut up, sticks to thepalate, and wriggles inthe mouth.Eddie Yap spoke glowingly aboutthe guest speaker, Ms. April Lynn Tan, aCFA (chartered financial analyst), and vicepresidentand head of Research of the COLFinancial Group, whose job is to analyze themarket to determine whether or not to buy,sell, or hold, and when.Ms Tan made a presentation on therewards and risks in the stock market,drawing a positive picture of a marketwhere rewards outweigh risks and assuringher audience that “it is still safe to investin the stock market.” Themarket, she said, wasconsolidating after itsupward run for five anda half months, and shewondered if the marketcould continue its upwardmove. (The answer cameyesterday, 22 April, whenthe PSEi set a new recordby breaching the 7,000mark for the first time inits history.)Putting things incontext Ms Tan assuredthat despite the bad newscoming out of Europe,specifically Italy and Cyprus, the risingtension in the Korean peninsula, and thebird flu outbreak in China, there are stillcompelling reasons—she specified five—for investing in the Philippine stock market:with mid-term elections near, electionspending is on the rise, a good thing forthe economy; in a surprising move, theBangko Sentral has cut SDA rates twiceand may impose further cuts; the recentupgrade by Fitch to investment grade, afirst for the Philippines, that is expected tobe a “catalyst for a virtuous cycle” for thecountry; companies are making handsomecorporate earnings; and the fact thatpublic-private partnerships are finallygaining momentum.On the Fitch upgrade, she shared thatfour reasons were given for the increasein ratings: persistent current accountsurplus, strong and resilient GDP growth,improvement in fiscal management andmanageable inflation. This means thatthe Philippines will be included in the listof investment destinations for foreigners,incur lower funding cost, and lead to moreinvestments, higher GDP growth, andhigher stock market. She also revealed that........... To page 4

Hans B. SicatMr. Hans B. Sicat was named Presidentand CEO of The Philippine Stock Exchange(PSE) in January 2011. He also served asChairman and Independent Director of thePSE from May 2009 to January 2011.He is concurrent President and CEO of the Securities ClearingCorporation ofthe Philippines (SCCP). Currently, he is non-executive ViceChairman and Director of LegisPro Corporation. Mr. Sicat alsoholds positions in various business entities suchAs Independent Director of Serica Balanced Fund and MasterFund, Independent Director of the Philippine Dealing SystemHoldings Corporation, and Board of Trustee of Securities InvestorsProtection Fund, among others.Mr. Sicat has more than two decades of experience asinvestment banker. He was Chief Representative of CitigroupGlobal Markets Asia Pacific Limited in the Philippines from July2000 to September 2008; Director and Head for PhilippineInvestment Banking at Salomon Smith Barney Asia Pacific Limitedfrom April 1996 to June 2000; and Managing Director for AsianFixed Income (Emerging Markets) at Citicorp International fromDecember 1993 to March 1996. He was also Vice President andCapital Markets Asia Head of Citicorp Securities, Inc. in New YorkCity.Mr. Sicat finished his coursework for Ph.D. EconomicsProgram at the University of Pennsylvania, Philadelphia, USA andearned his Master of Arts in Economics and Bachelor of Science inMathematics at the University of the Philippines.Hans is a member of the Rotary Club of Makati.Starts at 12:30PMTuesday, 23 April 2013The Conservatory, The Peninsula ManilaAdjourns at 2:00PM• Call to Order …………………… Pres. Reuben Valerio• Invocation ………………………. David Ackerman• Philippine National Anthem• RC Makati Hymn• Introduction ofVisiting Rotarians & Guests• Welcome Song / AVP• Greetings to Birthday andWedding Anniversary Celebrators• Club Functions &Committee Announcements• President’s Time ………………. Reuben Valerio• Introduction ofthe Speaker ……………….. Peter Coyiuto• Speech:HANS BRINKER SICATPresident & CEOThe Philippine Stock Exchange• Q & A• Response ……………………… Reuben Valerio• AdjournmentChris FerarezaModeratorGreetings from PP Art MisnerA New Year greeting card sent by PP Art Misner to PRID Paing Hechanova.Art, as some of us may recall, was the president of the Club in 1975-1976,at about the time of the abrogation of the Laurel-Langley Agreementthat granted parity rights, including ownership of land, to Americannationals who were residing in the Philippines and American companiesoperating in the country. One such company was Rohm & Haas, of whichArt Misner was President.Under the leadership of PP Art, Rohm & Haas donated the Las Piñasproperty on which their plant stood (and still stands) to the MakatiRotary Club Foundation, Inc. (MRCFI).Kaunlaran No. 37 • 23 April 2013 3