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Mr. Rex C. Drilon II

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    www.mb.com.ph/BSNS20080515124625.html - [Cached Version]
    Published on: 5/15/2008    Last Visited: 5/15/2008  

    "We at OCLP have always strived to be the partner of choice for value-driven real estate and retail development, which become quality communities for our loyal customers and tenants," shared OCLP COO Rex C. Drilon II.

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    www.ideasforthecity.com/2007/09/page/3/ - [Cached Version]
    Last Visited: 9/19/2008  

    Rex C. Drilon II, chief operating officer of Ortigas & Co. based in Pasig City and president of Iloilo Economic Development Foundation (I-LED) stressed the concerns are among challenges Iloilo should address for a favorable [ ... ]

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    www.sunstar.com.ph/specials/economic_forum/index.html - [Cached Version]
    Published on: 3/10/2004    Last Visited: 7/14/2008  

    Rex Drilon, who was with Cebu Holdings Inc. before he became chief operating officer of Ortigas and Co., announced to participants how "clean" the Cebu City Government is.

    "In my four years here, I never had to bribe anyone to get anything done," said Drilon, a panelist to the presentation of Securities and Exchange Commission (SEC) Chairperson Lilia R. Bautista.
    ...
    With the employment opportunities and the quality of life here, Drilon noted that the per capita income in Cebu is 2.5 times bigger than the national figure.

    At an estimated $2,500, Cebu's per capita income is even bigger than Thailand and "almost as high" as that of Malaysia.

    He also pointed out that there are at least 60 banks in Cebu and 1,500 hectares of business parks and economic zones scattered all over the island.

    Moreover, Drilon said the island has been "hardly tarnished by the reputation of the wild, wild east" that has bugged the country and even this region of Asia what with reports of terrorism.
    ...
    Drilon explained that Cebu is within four hours of "any major city in Asia," which makes it a convenient stop and area for business transactions.

    Legislated wage cuts jobs

  • View Online Source
    www.ideasforthecity.com/stakeholders-gear-for-iloilo-in - [Cached Version]
    Last Visited: 9/19/2008  

    They will be complemented by ILED president Rex C. Drilon and ILED vice president Antonio S. Jon of the Iloilo Business Club.

  • View Online Source
    philippines.canurb.com/blog/?m=200709&paged=2 - [Cached Version]
    Last Visited: 9/22/2007  

    Rex C. Drilon II, chief operating officer of Ortigas & Co. based in Pasig City and president of Iloilo Economic Development Foundation (I-LED) stressed the concerns are among challenges Iloilo should address for a favorable business climate.

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    www.smdevelopment.com/News.php?BlurbID=367 - [Cached Version]
    Published on: 4/11/2007    Last Visited: 4/12/2007  

    Mall vacancies in metro Manila, made up of the capital and its neighboring cities and towns, will probably reach 15 percent this year as the region is expected to add 10 to 15 percent more retail space, said Rex Drilon, chief operating officer of Ortigas & Co.

    "When there's plenty of supply don't expect rates to go up," said Drilon, who runs Manila-based Greenhills Shopping Center, which is popular with bargain-hunters."It will be imprudent to increase when there is a lot of supply coming in.

    "Philippine mall operators are on a building spree, betting rising inflows from Filipinos working overseas and declining interest rates will boost consumer spending.This year's expansion will increase retail space in metro Manila to about 5 million square meters (53.8 million square feet) from 4.5 million square meters in 2006, Drilon said.

    "We favor a moratorium in building new malls because it's the retailers who are really paying for the cost of this build-up," Drilon said."Retailers are essentially paying for the same pie that isn't growing very much."Drilon said vacancies in metro Manila's shopping malls reached 12 percent last year, compared with a peak of 19 percent in 2002.

    Although rentals rose about 3 percent to 5 percent in 2006, the rates "haven't really moved up in the past four years" because of the new retail space being added, he said.

  • View Online Source
    www.ideasforthecity.com/power-flood-problems-stall-iloi - [Cached Version]
    Last Visited: 9/19/2008  

    Rex C. Drilon II, chief operating officer of Ortigas & Co. based in Pasig City and president of Iloilo Economic Development Foundation (I-LED) stressed the concerns are among challenges Iloilo should address for a favorable business climate.

    Drilon was here to talk about "Building ICT (Information and Communications Technology) Investments in Iloilo" during an IT conference themed "Keeping Pace with the Global Trends" at the Capitol Wednesday.
    ...
    "The challenge is formidable - Iloilo City and Province are still saddled with: 1) the power problem, 2) flooding, 3) accessibility, 4) disunited leaders, and 5) the Ilonggo ‘comfort zone'," Drilon told the IT forum.

    Unreliable and expensive power and perennial flooding have been the problems in the metropolis as a center of trade.

    The Ilonggos are also considered "conservative" when it comes to new investments.

    "What is a critical challenge for the city and provincial governments at present is to improve the investment climate, gain investors' confidence, generate substantially higher investments by both Ilonggo and non-Ilonggo investors and thereby regenerate the Iloilo economy," he pointed out.

    Thus, Drilon suggested initiatives for Iloilo to work on what the ICT sector need.

    Drilon urged the establishment and improvement of an ICT investment and sustainability plan; qualified manpower and manpower development program; ICT training institutions and facilities; utilities (telecom, power, transportation); infrastructure/ ICT Zones/ IT-friendly buildings; incentives to locators; tie ups with government agencies and industry associations; marketing and promotions; and peace and order.

    Drilon said that several local economic blueprints have been in the works including the Iloilo River Master Development Plan, City Development Strategy, Iloilo City Strategic Plan (Roadmap), on-going AusAid-sponsored MIGEDC (Metro Iloilo Guimaras Economic Development Council) Master Plans for Tourism and Infrastructure, and Iloilo Province Strategic Plan.

    Drilon even encouraged the local industry's key players to "Copy Cebu Approach."

    Noting the Cebu success, Drilon highlighted "22 reasons to choose Cebu" including its economic track record; experience with foreign investors; telecom facilities and adequate utilities; business park/industrial parks; skilled and Internet-savvy labor pool; connected community; IT parks; international schools; hotels, recreational, resort and convention facilities; high-end residential areas; the shopping; 20 year head-start; government-private sector relations; international airport and seaport; peace and order; pleasant and hospitable place for business; critical mass/disposable income; entrepreneurial environment; hard work ethic; pro-business LGUs; pro-development/ proactive; independent business groups; and high quality of life. (Jeehan V. Fernandez.

  • View Online Source
    www.aseanabusinesspark.com/news007.html - [Cached Version]
    Last Visited: 11/7/2008  

    Chief Operating Officer Rex Drilon II said.

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    www.sunstar.com.ph/static/ceb/2008/02/16/bus/ccci.to.ho - [Cached Version]
    Published on: 2/16/2008    Last Visited: 2/16/2008  

    Former finance secretary Jesus P. Estanislao will be speaker and facilitator for the activity, together with Rex C. Drilon II of the Institute of Corporate Directors (ICD).

  • View Online Source
    www.isacenter.org/mkap_program.htm - [Cached Version]
    Published on: 4/3/2007    Last Visited: 4/3/2007  

    Rex C. Drilon II COO Ortigas Company and Limited Partnership
    ...
    Rex C. Drilon II, COO of the Ortigas Company, led the group that crafted the business Road Map.

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