LBC continues to rally behind Small and Medium Enterprises (SMEs) in the hope of enhancing their value as key contributors to the Philippines’ economy.
And to bring to the fore the significance of SMEs, LBC’s Business Solutions has come to sponsor the SME Company of the Year Award of the 2018 Asia CEO Awards organized by the ASIA CEO Forum, known as the largest and only national business event series in the Philippines. The SME Company of the Year, is given to a small or medium sized enterprise that is not a subsidiary, wholly independent, and employs between 10 to 500 employees.
According to Javier Mantecon, LBC’s Chief Marketing Officer: “Members of the Circle of Excellence for this category are companies who are able to go toe-to-toe with bigger organizations. They enhance processes, maximize productivity, enter new markets and expand their brand leading to international recognition or local expansion. As more individuals find the courage and capability to offer new products and services in the market, these SMEs become more and more equipped to encourage competitiveness, excellence in their field of play, enticing players in the industries to also level up.”
This year’s Circle of Excellence roster for the SME Company of the Year are: Aficionado, Everise/C3, FlySpaces, Italpinas Development Corp., My Town Dormitories, RCD Land Inc., Seven A.D., Sprout Solutions and True Money.
Mantecon stressed the importance of the 900,000 strong SMEs in the Philippines saying “We believe that the pool is going to power the nation in many years to come. They just need to be more efficient, more productive, and find their expertise so they can challenge large enterprises.”
As they continue on with their pursuit to help SMEs, LBC continues to gain recognition for their work, as well. At the media launch, the ASIA CEO Awards’ panel of judges has named LBC Express as among the companies who belong to the Circle of Excellence for the categories: Heart of OFW’s Company, sponsored by IRemit; and, Service Excellence Company of the Year, sponsored by Sitel.