January 4, 2016
I already spoke lengthily on the circumstances during the immediately preceding year from my perspective during the Christmas Party.
This time we listened on the subject of governance for the incoming year 2016 for which I endorsed.
Allow me to reiterate that Rex Book Store which started from the buying and selling of secondhand books continues to be assistance in the pursuit of quality education under Philippine setting as well as in the international arena especially with the foreign schools catering to Filipino students situated in foreign countries.
We wish to reiterate our thanks to Divine Almighty that we have continued to subsist from 1950 and has exceeded its sixty five(65) years of existence.
Whereas statistical data would provide that under Philippine setting the family business generally subsides once it reaches the third generation in our case no one would probably contest that it has further been strengthened , it has becomemore sophisticated and more diversified during the third(3rd) generation with the presence of high calibered managers with the second(2nd) generation at the backdrop.
To complement professionalized management,It is hoped that the qualified members of the founding families of the Rex Group should be able to internalize their approved Constitution and Bylaws with the family values which became also the business and corevalues laid down by the founders Mr. and Mrs. Juanito Fontelera with special recognition to Dominador M. B uhain the original founder of Rex Book Store who was also the original incorporator of the Central Book Supplyn as an integral part thereof.
We are fortunate that under the present leadership harmonious relationship prevails. It is also observed that family tradition is well accepted by the succeeding generations as exemplified by Louie Gie or Lulu Garcia, son of Business Manager Danda I. Buhain ,who was witness to the initiatives of his uncle who is the incumbent COO Don Buhain with respect to the driving away of evil spirits through the aid firecrackers during New Year.
Harmony in the family and managerial expertise with the blessings of Divine Providence are indispensably needed to prolong Rex Group.
Despite my technological limitations I fully endorse the initiatives by Management to allocate an arbitrary amount for research to ascertain innovative market trends or keep always eyes on the ball to desires of our clients.
Combined with the predisposition to ascertain the right approach on which technology should be adopted the tried and tested wisdom of our comparatively senior assoicates should be harnessed and not be thrown into oblivion.
New markets or business methodology like the go signal to the Rex Printing Manager Liza to pursue on the possibility of entering to the packaging and printing business was one of the mandates issued during the year end presentations.
In every assembly or interaction cordiality, respect , recognition and observance of protocol should prevail at all times in ordernot to cause to embarrassment and not to abort meaningful interaction.
With reference to the development of the ASEAN Economic Community,allow me to quote the pronouncements of the Strait Times which is a Singapore newspaper publication on its December 31.2015 issue which states thereto:
Improving connections that make ASEAN people-oriented and people-centered community includes initiatives and opportunities that bring people together on a cultural and individual level,allowing them to get to know one another better. These range from initiatives that promote greater mobility through the progressive relaxation of visa requirements,multilateral agreements on the liberation of air services,as well mutual recognition of arrangements,to educational initiatives like student exchanges,the ASEAN International Mobility of Students Programme, and ASEAN studies courses that focus on forging ASEAN regional identity.
For instance ASEAN Member States are promoting the use of the Curriculum Sourcebook for primary and secondary schools to complement their existing supplementary materials on ASEAN.
ASEAN has now embarked on the journey to formulate the Post -2015 Agenda for ASEAN conConnectivity. It will analyze and address,among others,resource mobilization,including new financing vehicles,and the strengthening of institutional mechanisms,including the alignment and coordination of stakeholders as well as engaging businesses,mon government organizations and civil society.
On that light, thank you very much for allowimg me to ventilate my views. Merry Christmas and a Happy New Year.