DOTC Awards More MRT-3 Improvement Projects

Wazzup Pilipinas!

The Department of Transportation and Communications (DOTC) has awarded more Metro Rail Transit Line 3 (MRT-3) improvement projects that aim to provide passengers a better commuting experience and enhanced system reliability.

Innovalite Electrical Enterprise bagged the P2.10-million contract to supply new industrial fans for greater air flow and ventilation at station areas, such as the platforms and concourses. The fans will be installed within 90 calendar days from issuance of the Notice to Proceed (NTP).

The contract for new traction motors that will replace depleted rotational spares was awarded to Ad Lib-YongJi Joint Venture for P79.86 million. These motors should have the same performance specifications as the current ones and should be delivered within 300 calendar days from issuance of NTP.

The MRT-3 will also acquire a new multi-purpose road-rail vehicle that will be used for the maintenance of the overhead catenary system. The Joint Venture of Kempal Construction and Supply Corporation and Maquinaria del Eo, the winning bidder for the P46.39-million contract, will deliver the maintenance equipment within 330 calendar days from issuance of NTP.

Aquabest Renews Partnership With BPI Family Ka-Negosyo

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Aquabest has renewed its partnership with BPI Family Savings Bank as an accredited franchisor for its BPI Family Ka-Negosyo Franchising Loan.

The company was among the pioneer batch of accredited franchisors and has been recognized as a Best Listbrand by the bank. The company's prospective franchisees can enjoy favorable and flexible financing terms from BPI Family Savings Bank.

"Our renewed partnership with BPI Family Ka-Negosyo is a testament to our company's hard work to building a strong brand and business that has helped our franchisees succeed as entrepreneurs. At the same time, it continues to make it easier for aspiring entrepreneurs to set up their dream business" says Carson Tan, Aquabest's President and CEO.

For a franchise to be included in the Best List means it is an established, profitable and franchisee-friendly brand. Most of the companies in the list are profitable, having a return on investment (ROI) of less than three years. Aspiring entrepreneurs taking out a BPI Family Ka- Negosyo Franchising Loan on Aquabest can enjoy incentives such as no collateral loan, shorter processing time and no processing fee.

Bonheur Leverages ‘SAP Business One’ for Improved Business Efficiency

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SAP AG announced that Bonheur Marketing Corporation, one of the front-runners in the Philippines that provides distribution capabilities to its partners in the fast-moving-consumer-products industry, integrated the SAP Business One software to address their data management and finance processes needs.

SAP Business One is a business management software designed to meet the needs of dynamically growing companies as well as subsidiaries of large enterprises. The solution is available both on premise and in the cloud, providing clients with unparalleled SAP functionality. The implementation was spearheaded by SAP channel partner, DataFront Solutions, Inc. (DFSI), which leverages IT and business consulting to provide advanced solutions to clients across industries.

According to Marty Alvarado, Executive Vice President for Bonheur, disparities in report generation as well as inventory costing inaccuracies required them to tap SAP Business One software to gain clarity across their business, and restore confidence in their day-to-day operations.

“There were delayed submissions of financial and government mandatory reports prior to the installation of the SAP Business One solution,” Mr. Alvarado said. “Our in-house system failed to consolidate our data and our reports were prone to human errors, hindering accurate business visibility. We were looking for a solution to consolidate our warehouse data and gain better insight into our delivery process. Now, we are able to realize more accurate, up-to-date data across all our sales, finance and administration reports, which helps us much better in developing and managing the business for future growth.”