Ambassador Manuel M. Lopez (AMML) and Japan International Cooperation Agency (JICA) vice president Izumi Arai recently signed seven JICA official development assistance (ODA) loan agreements totaling ¥68.263 billion (approximately P35.49B or $832.48 million), marking a 34% increase from the previous fiscal year.

These projects are the Forestland Management project, Central Luzon Link Expressway project, Arterial Road Bypass project (Phase II), Pasig-Marikina River Channel Improvement project (Phase III), Flood Risk Management project for Cagayan River, Tagoloan River and Imus River, National Irrigation Sector Rehabilitation and Improvement project, and Mindanao Sustainable Agrarian and Agriculture Development.

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Bayan Business was recently reaccredited with the ISO 9001:2008 certification by TUV-SUD.

The ISO 9001:2008, a revised version of ISO 9001:2000, is used as a gauge to establish and to update an organization’s compliance to a quality management system.

Through an auditing test conducted in November 2011 by TUV-SUD, an International Standards Organization- accredited certification body, Bayan Business was found compliant in all eight quality management principles that form the ISO 9001:2008 standards, including leadership, continual improvement and mutually beneficial supplier relationship.

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Chairman emeritus Oscar M. Lopez (OML) and chairman Amb. Manuel M. Lopez (AMML) led the groundbreaking and lowering of a time capsule at the Lopez Group’s future headquarters at the Rockwell Center on April 26, 2012.

Present at the event were Rockwell Land president Nestor Padilla and other Lopez Group executives.

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