Seaoil Philippines was cited by the ASEAN Business Awards (ABA) for outstanding performance and presence in the ASEAN Economic Community Priority Integration Sector–Energy. SEAOIL Philippines CEO Glenn Yu recently accepted the award during ABA awarding ceremonies in Singapore.
Seaoil fulfilled all of the awards’ eligibility requirements, as well as distinguishing itself for its integration and connectivity among ASEAN businesses.
“Backed by 40 years of excellence as one of the largest Filipino companies providing high quality petroleum products, Seaoil Philippines definitely deserves the recognition from the ASEAN Business Awards. We congratulate the long-time supporter and advocacy partner of Go Negosyo, Glenn Yu and Seaoil Philippines for winning the award under the Priority Integration Sector for Energy category,” said Joey Concepcion, Chair of the ASEAN Business Advisory Council Philippines.
The ASEAN-BAC selects a strategic partner every year to ensure the quality and independency of the awards. Global professional services firm EY served as this year’s partner and aided in the shortlisting of nominees, criteria-setting, selection of judges, and implementation of the ABA framework.
ABA has recognized over 100 companies in ASEAN since its inception in 2007 for excellence in the following categories: growth, employment, innovation, and corporate social responsibility. ABA added the Priority Integration Sectors category of the awards in 2015.
The Philippines had over 100 ABA aspirants this year. The country won 8 out of the 21 awards.
Seaoil is the leading independent fuel provider in the Philippines with over 400 retail stations and a network of supply depots strategically placed throughout the country.