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…

ACEL donates equipment guidebook to DPWH

In line with efforts to further strengthen the cooperation between industry and government, the Association of Carriers and Equipment Lessors (ACEL) recently donated copies of the ACEL Equipment Guidebook to the Department of Public Works and Highways (DPWH). Aimed specifically to provide DPWH’s provincial offices with an authoritative reference regarding equipment rental rates, the donation…

ACEL marks 52nd anniversary, inks MOA with CMDF

The Association of Carriers and Equipment Lessors (ACEL) celebrated its 52nd anniversary with a dinner reception held at the Columbus Room of the Discovery Suites in Ortigas Center last May 17, 2018. The well-attended event also served as the association’s second general membership meeting (GMM) for the year. Atty. Ruth B. Castelo, undersecretary, Consumer Protection…

ACEL, PCA hold joint general membership meeting

The Association of Carriers and Equipment Lessors (ACEL) teamed up with the Philippine Constructors Association (PCA) to hold a joint general membership meeting on March 22, 2018. The event which generated a huge turnout was held at the Grand Ballroom of the Shangri-La at the Fort at the Bonifacio Global City, Taguig City. Jose Arturo…