Daily Archives: September 19, 2018

ACEL participates in ‘National Tech-Voc Day’ celebration

The Association of Carriers and Equipment Lessors (ACEL) joined in the celebration of this year’s “National Tech-Voc Day” that was spearheaded by the National Capital Region’s office of the Technical Education and Skills Development Authority (TESDA) on August 25, 2018. Republic Act No. 10970, which was signed into law last February, has declared the 25th…

Talk on family enterprises highlights ACEL’s 3rd GMM

“Only 20% of family enterprises survive a second generation.” And the chances of survival progressively decrease from one generation to the next, falling to 4% for the third generation, 0.8% for the fourth generation, 0.16% for the fifth generation, and 0.032% for the sixth generation. This was the startling revelation Dr. Alejandrino “Andy” Ferreria, a…