PSA Newsletter: Inside The Box
News & Events

PSA OPENS SYDNEY OFFICE

 

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PSA PARTNERS WITH WOKAI IN CHINA

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PSA WINS 11th ANNUAL ENTERPRISE CENTER INVITATIONAL GOLF TOURNAMENT

On November 25, 2009, PSA won the 11th Annual Enterprise Center Invitational Golf Tournament hosted by KSA Realty Corporation and TEC Building Management. PSA’s Senior Advisor for Business Development Ric Jacobson and Director of Business Intelligence Pete Troilo shot a 4 over 75 at the Forest Hills Golf & Country Club located just outside of Metro Manila to bring the trophy home for PSA.

HALLAHAN PRESENTING AT THE DUSA ROUND TABLE

On January 21, 2010, PSA Regional Business Development Director Greg Hallahan will present at the Dusa Round Table on the topic How to conduct internal investigations in China.

TROILO MET WITH PRESIDENTIAL CANDIDATE TEODORO

As part of a delegation of American businesspeople in the Philippines, PSA Director of Business Intelligence Pete Troilo recently met with Philippines presidential candidate Gilbert “Gibo” Teodoro in Makati City to discuss his agenda if he is elected president.

 

Inside PSA

TWO NEW APPOINTMENTS FOR PSA

Chris Pechstedt was recently promoted to Senior Project Director for PSA Shanghai office in November 2009. He joined PSA in October 2008.

Melisse Morris recently joined PSA as Associate Project Director for the Shanghai office in November 2009. Melisse is a graduate in East Asian Studies from Yale University and studied Mandarin in Tsinghua University.

Services Spotlight

PSA REPORTS ON CHINESE IMMIGRATION

PSA has initiated monthly reporting on Chinese immigration. Primarily focused on investment for visa issues, PSA is monitoring the activity of immigration agents operating in China and analyzing specific incidents that characterize and influence the market. The reports help regional centers in the US, Canada and elsewhere that are looking for Chinese investors to better understand the realities of the immigration market in China and evaluate the credibility of immigration agents.



PSA HELPS CLIENTS DURING TYPHOON ONDOY

At the height of Typhoon Ondoy when flood water levels reached a record 20 feet high in Metro Manila resulting in at least 464 deaths; PSA stepped up its disaster response and crisis management capability. For business process outsourcing (BPO) client Accenture, PSA organized and deployed an emergency response team to rescue and assist Accenture staff across many of the worst affected areas of Metro Manila.



PSA to Continue Support of Exxon Mobil in the Philippines

After finding traces of hydrocarbons in the first well it drilled in the Philippines Sulu Sea, PSA client Exxon Mobil will expand its exploration and development activities by drilling a second exploration well in January. PSA provides security and crisis management services to Exxon Mobil and other major oil and gas companies operating both onshore and offshore.



PSA Special Report

VOLCANOES

The Philippines claims several active volcanoes. As illustrated by the recent Mayon volcano threat, the potential eruption of these volcanoes holds major business continuity implications. Taal volcano, for example, lies within close proximity to Metro Manila and has the potential to cause major business disruptions in and around the National Capital Region.

PSA’s special report on Philippine volcanoes outlines the country’s historic and current volcano threat and assesses the business impact for the National Capital Region. For more information on this report, please email PSA at business.intelligence@psagroup.com.

Featured Stories

PERCEPTION IS REALITY IN THE PHILIPPINES

During the final few months of 2009, Mindanao experienced several major security incidents that garnered both domestic headlines and international media attention:

  • A series of kidnappings and beheading of a captive in Basilan Province that served as a reminder of the Abu Sayyaf Group’s presence and brutality
  • A jailbreak in Basilan Province that released a dozen criminals and terrorists back into an already volatile community
  • A well-coordinated NPA attack against a logging firm in Surigao del Sur Province in retaliation for the firm’s rejection of revolutionary tax demands and then an ambush of responding Philippines Government security forces
  • A gruesome mass political execution in Maguindanao Province carried out by a prominent political warlord family and the subsequent declaration of martial law to restore order
  • A mass abduction of 75 civilians, most of whom were children, orchestrated by rogue tribal gunmen in Agusan del Sur Province
  • From an outsider’s perspective; these events occurred not in the far flung and lawless areas of Mindanao, but in the Republic of the Philippines and reflect poorly on the country as a whole. This has led to a belief that the security situation in the Philippines is deteriorating and the risk climate across the country becoming more critical. Driven by an international media establishment that, to no fault of its own, covers the Philippines only in times of perceived chaos and crisis, the security breakdowns suggest a level of nationwide volatility and danger that most foreigners seek to avoid. None of this bodes well for a country striving to prove that it is a safe and sound place to visit and do business.

    The reality is, however, that despite this chain of security problems and the recent negative headlines the Philippines has garnered; there is little chance that any of this violence will spread to Metro Manila or other major urban areas. Indeed, all of these incidents can be traced back to the poverty and disenfranchisement long felt across Mindanao. Moreover, for centuries warlord families and rogue militias have exercised more power than any government political or security institution across much of Mindanao. While the “Maguindanao massacre” was dramatic and horrific by any standard; the killing, crime, and kidnapping that branded the closing of 2009 are a longstanding way of life in Mindanao and are not viewed as heinous by the perpetrators as it is seen and imagined by the outside world.

    Innately resilient Filipinos and hardened expatriates barely blink an eye when these events transpire. They recognize that despite the violence that will definitely accompany the May 2010 elections and the incapacity of Philippines Government security forces to stop it, there is no crisis in the country and this string of events does not portend a nationwide breakdown of law and order.