And the count down begins.
It’s four days before the dawning of 2020. This early most of us are already considering what should be included in the New Year’s resolution list, achievable and otherwise.
The desire to change one’s demeanor and outlook is, almost always, a game changer. Most popular, of course, is the aspiration to eat better in order to shed the added pounds that accumulated from all the celebratory lunches and dinners during the holiday season; quit smoking; buy a new house; go on a trip; to become socially and environmentally responsible.
New Year’s traditions differ from country to country. In Russia during the Communist era writing down one’s wish list was a wildly held tradition. The wisher had to scribble his New Year wish list on a piece of paper and then burn it. The ashes were then mixed with champagne, which he had to drink before the stroke of midnight.
Such wish lists are not confined to persons but are likewise in the corporate world. I heard from the business community that the Development Bank of the Philippines (DBP) is looking for a temporary shelter to house its more than 1,300 workforce this new year. Located in the heart of the Central Business District (CBD) of Makati, the 50-year-old 13-floor DBP headquarters is set to be retrofitted this coming year.
Having a temporary house is more efficient and faster while the upgrading and refurbishment work is being done to make the existing building more energy efficient a portion of the ground floor will be transformed into mix-use in keeping up with the current trend. The alternative of transferring some of its operations while the work is taking place could slow down the retrofitting process, and affect the service of the bank due to the noise, not to mention health and safety hazards.
Also taking a temporary home is BDO Universal Bank. Slowly this month, some of its operations were moved to Citibank Tower on Valero St. The bank bought 15 floors of the 35-story building. BDO President and Chief Executive Officer Nestor V. Tan is set to move as well to the Citibank Tower sometime in the second half of next year.
The transfer is the course to take for those holding office in the BDO-EPCI Bank South Tower, which is scheduled to be demolished to give way to the construction of multi-story buildings and mixed-use complex.
I heard from the business halls that the management has engaged the services of British architecture and integrated designer Foster and Partners for the project. Foster and Partners’ major architectural designs include Hong Kong’s Chep Lap Kok International Airport, the redevelopment of the Trafalgar Square, and Millau Viaduct, the tallest cable-stayed bridge in the world, in Southern France. Next to go is the North Tower. Based on the timetable, without delays, North Tower will also be demolished in 2021.
Another corporation that is out to address the challenges of climate change is Globe Telecom. “The impact of mobile technologies in response to climate change, encourages innovation and hastens the digital transformation of industries and nations. As we venture further into the 4th Industrial Revolution, Globe redoubles its efforts to deepen the adoption of existing and emerging mobile technologies such as data connectivity, cloud computing, Artificial Intelligence and Iot for good,” said Yoly Crisanto, Globe chief sustainability officer.
New Year offers a fresh start. May the wheels of business bring us more opportunities and renewed hope this 2020. Happy New Year everyone.
Talkback to me at [email protected]