043007: Noy Business as Usual: P70,000 for an AIM-like education

Friends of former Asian Institute of Management (AIM) dean Eduardo Morato Jr. will be teaching this coming school year at the city-owned University of Makati. You see, Morato has put together a one-year Masters in Entrepreneurship program that will cost only P70,000, or a fifth of the current tuition for a similar program with a similar quality of teaching staff outside of AIM. The tuition of each student will be paid by a sponsoring non-government organization with the end in view of helping the student take that major leap from being a microentrepreneur to being a small entrepreneur. Eleven other universities all over the country will hopefully replicate the program put together by Morato and his team at the ABS-CBN Bayan Foundation. There’s talk that many lessees at Mall of Asia will not be renewing their contracts. On the one hand, this may be because there hasn’t been enough business to go around (read: not enough people are buying). On the other hand, this may mean Henry Sy Sr. isn’t happy with the individual performances of lessees. As everybody knows, Sy is putting up a call- center building between the mall and the church that should create one more stable consumer base for MoA lessees.  Did you know 1: The scarcity of five- and 10-centavo coins is so bad that even bank branches are unable to give favored clients with retail or remittance operations a steady supply. Why, even requests to the Bangko Sentral for more coins go unheeded. Did you know 2: The very busy head office lobby of Government Service and Insurance System is a far cry from the almost empty GSIS Museum, which houses a P59-million Juan Luna painting as well as several serious works by Fernando Amorsolo, Vicente Manansala and Botong Francisco. Both are air conditioned and both are open to the public. Despite having gone through major heart surgery, Overseas Workers Welfare Administration head Marianito Roque remains active as ever. One of Roque’s current babies is the National Integration Center for Overseas Filipino Workers, or the OWWA Center in Intramuros, which opened two of its planned four floors for business last month. Basically, the center hopes to help OFWs integrate in the countries where they will be working and reintegrate in the Philippines after they retire. The Philippine-American Life and General Insurance Co. president and chief executive officer Jose Cuisia Jr. pushed for and got a P5-million grant from his board to support an eight-week English-proficiency program. Basically, the program will teach 600 teachers and 6,000 students in six universities how to improve their English so that they can, in turn, teach others. By the way, all the sixes involved goes back to Philamlife celebrating its 60th anniversary in 2007.

 

http://www.businessmirror.com.ph/04302007/companies05.html