Pioneering Progress: SMC Sets a New Benchmark with Philippines' First Complete Biodiversity Offset Site

SOURCE: SMC

In the heart of Barangay Pamarawan, Malolos, Bulacan, a groundbreaking project has been unveiled. San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has introduced its Saribuhay sa Dampalit project, marking the launch of the Philippines’ first Biodiversity Offset Program (BOP). 

This visionary initiative is more than just a business endeavor. It's about balancing the scales between development and environmental preservation, providing local livelihood support, and addressing the recurring flooding issues in Bulacan's vulnerable areas.

The inaugural BOP site in Pamarawan is spread across 40 hectares, with ambitious plans to expand to an impressive 800 hectares of offset sites across various locales. 

The launch event was graced by a distinguished group of guests including the Department of Environment and Natural Resources Secretary Maria Antonia Yulo-Loyzaga, Dutch Ambassador Marielle Geraedts, and representatives from SMAI, to name a few.

SMC President and CEO Ramon S. Ang emphasized the importance of a development approach that respects and enhances the natural environment, alongside achieving infrastructure objectives. 

He expressed his firm belief in the co-existence of progress and nature, which mutually benefits the ecosystem and the local community. He also extended his gratitude to all the partners involved in bringing this project to fruition.

In compliance with the International Finance Corporation (IFC) environment and social standards, the project has become a fertile feeding ground for visiting migratory birds. 

The record number of birds this season is testament to the success of the Offset Site in providing substantial food sources for these shorebirds.

Secretary Yulo-Loyzaga lauded the project as the first and largest scale biodiversity offset in the country. She emphasized the importance of the mitigation hierarchy for net positive infrastructure development.

SMAI's efforts are not confined to just wildlife protection. They have engaged local residents affected by the NMIA project, providing employment and raising awareness about the importance of preserving migratory shorebirds.

SMAI Project Director Cecile L. Ang shared that by involving local residents in their efforts, they're cultivating a community that values and actively contributes to environmental preservation.

Alejandra Libao, a relocated resident from the airport project site, shared how the program has transformed their outlook on life and the environment. The program has also provided new livelihood opportunities and has fostered love for birds within the community.

Ang is optimistic about the potential of the project extending beyond wildlife protection. The area could become a prime location for bird-watching, thus boosting tourism and creating even more opportunities for local communities.

SMC's Saribuhay sa Dampalit project is a beacon of co-existence between development and preservation. It sets a benchmark for future projects, demonstrating that harmony between progress and nature is not only possible, but also beneficial.

Unifying Visions: A Comprehensive Collaboration for an Enhanced Mactan-Cebu International Airport

SOURCE: ABOITIZINFRA CAPITAL 

    A unique collaboration is on the horizon, making waves in the Philippine aviation industry. The Aboitiz InfraCapital GMR Megawide Cebu Airport Corporation (GMCAC), the management behind the country's second busiest airport, is partnering with Cebu Pacific, the leading Philippine carrier, to enhance root network and significantly improve passenger experience at the acclaimed Mactan-Cebu International Airport (MCIA).

    The formalization of this collaboration was marked by a ceremony held in Pasay City on the 19th of February, 2024, where executives from both organizations pledged to revolutionize several critical aspects of MCIA, including customer experience, operational efficiency, network development, and environmental sustainability.

    MCIA CEO Athanasios Titonis emphasized their dedication to excellence in airport management and the commitment to showcasing Filipino service as genuinely world-class. The alliance with Cebu Pacific represents a significant leap towards their vision for MCIA, positioning it as the Philippines' tourism gateway.

    Innovative plans for MCIA involve better connectivity between the airport’s domestic and international terminals. New dining and retail offerings will enhance the overall passenger experience. Furthermore, the introduction of on-site electric vehicles aims to minimize the airport’s carbon footprint.

    Rafael Aboitiz, Aboitiz InfraCapital Vice President & Head of Airports Business, highlighted their goal to enhance the nation's gateways and deliver a world-class travel experience to boost tourism. Their strategic partnership with Cebu Pacific will allow them to pioneer a uniquely Filipino airport experience.

    Cebu Pacific, operating its most extensive base outside Manila in one of Asia's best airports, is proud to be part of this partnership. Their commitment to providing safe, accessible, and affordable air transport is reinforced in this collaboration.

    This collaboration signifies an exciting era for Philippine aviation, with both organizations working together to transform MCIA into a world-class gateway that truly reflects the best of Filipino service.

Century Diamond Tower: Redefining Corporate Excellence in Makati's Vibrant Business Landscape

SOURCE: Century Properties Group

In the heart of Makati, a beacon of corporate excellence rises above the city skyline - the Century Diamond Tower. This Grade A, PEZA Certified office building developed by the renowned Century Properties Group (CPG) has revolutionized the standards of workspace environments in the city. With its strategic location within Century City along Kalayaan Avenue, Century Diamond Tower offers unparalleled accessibility, flexibility, and prestige.

Officially completed in November 2019, Century Diamond Tower boasts an impressive 57,142.48 sqm. gross leasable area. This architectural marvel caters to the diverse needs of startups, local enterprises, and multinational corporations. The variety of office setup options - bare, warm shell, and fully fitted spaces – allow businesses to customize their workspace to suit their unique needs, fostering productivity and innovation.

"The Century Diamond Tower represents a convergence of convenience, efficiency, and sophistication," commented Mr. Rey Dimaano, Chief Operating Officer of Commercial Leasing Assets at Century Properties Group. Its strategic position within Century City places it at the heart of Makati’s vibrant business landscape, presenting tenants with endless opportunities for growth and success.

Located near major thoroughfares including Ayala Ave., Sen. Gil Puyat Ave., Kalayaan Ave., and J.P. Rizal, Century Diamond Tower ensures seamless connectivity to key destinations within and beyond Makati, making commuting a breeze for employees.

Its proximity to premier residential towers, retail outlets, and shopping destinations makes Century Diamond Tower a sought-after address for both work and play. The Century City Mall, a central retail and shopping destination, is just a stone’s throw away, providing all the necessities and entertainment options within the Century City community and neighboring areas.

Just beside Century Diamond Tower is Centuria Medical Makati, a one-stop, outpatient techno-medical center offering state-of-the-art facilities and advanced support systems for various medical needs.

Century Diamond Tower is a walking distance away from the vibrant Poblacion district, a popular destination and a melting pot of culture known for its myriad of choices of restaurants, creative coffee shops, and nightlife spots.

Businesses within Century Diamond Tower benefit from 24/7 operations and the distinct advantage of PEZA certification, securing them valuable tax exemptions.

At present, discussions with potential tenants aim to attract companies operating in sectors such as finance, healthcare, human resources, and maritime industries, among others. 

Century Diamond Tower represents more than just a building; it embodies a vision of success, collaboration, and growth. 

Century Properties Group is a leading real estate developer in the Philippines, known for its innovative projects and commitment to excellence.