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Web News > 2011 > PR Gaz wins Outstanding Filipino Franchise of the Year Award

PR Gaz wins Outstanding Filipino Franchise of the Year Award

PR Gaz was adjudged one of the top winners in the 11th Franchise Excellence Awards (FEA), bagging the Outstanding Filipino Franchise of the Year for the medium category. The awarding was held September 22 at the SMX Convention Center during the International Gala Night ceremony of Franchise Asia 2011.

The Outstanding Filipino Franchise of the Year winners were judged based on the criteria: growth and financial performance, profitability, franchise program, sales and marketing, reputation, franchise system development, and corporate social responsibility. The franchise must also be homegrown in concept and originally incorporated in the Philippines, and have been in franchise operations for a minimum of five years.

Considered by many as the “Oscars” of franchising in the country, the Franchise Excellence Awards is a joint project of the Philippine Franchise Association and the Department of Trade and Industry in cooperation with the Philippine Retailers Association and the Philippine Chamber of Commerce and Industry.  FEA is the only award of distinction from the Philippine franchise sector and the pioneer seal of recognition and excellence awarded to the country’s local and foreign franchisors that have epitomized excellence both in terms of business growth and good ethical practices, becoming benchmarks of success in the sector.

 

(in photo above, from left) Franchise Asia 2011 chair Bing Sibal-Limjoco, Franchise Association of New Zealand chair Estelle Logan, 11th FEA Chair Yvette Orbeta, PR Gaz COO-Franchising Siu Ping Par, PR Gaz chairman & CEO Nelson Par, PFA president Robert Trota, and chairman emeritus Samie Lim.