The Philippine Board of Investments (BOI), the lead investments promotion agency of the country, will be recognizing businesses and firms for their excellence and exemplary performances in significantly contributing to the economic growth of the country through the BOI Guinogulan Awards 2017.
DTI Secretary Ramon M. Lopez leads in conferring the awards with Trade Undersecretary and BOI Managing Head Ceferino S. Rodolfo in October 9 at the Philippine International Convention Center (PICC) in Pasay City.
Inspired by the native Filipino word “Guinogulan” which literally means “Lord of Golds”, the brand of citation will recognize BOI-registered business enterprises (RBEs) 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.
According to Undersecretary Ceferino Rodolfo, the award 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 Awards are:
- The Guinogulan Awards for Micro Enterprises
- The Guinogulan Awards for Small Enterprises
- The Guinogulan Awards for Medium Enterprises
- The Guinogulan Awards for Large Enterprises
- The Guinogulan Business Excellence Award for the Most Outstanding Business Enterprise