ALC Group honored at the 2024 Asia’s Pinnacle Awards

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The ALC Group of Companies was bestowed the title of “Asia’s Profound Company for Compassion and Resiliency” at the Asia’s Pinnacle Awards held at The Grand Ballroom of Okada Manila.

The award was received by Mr. D. Edward A. Cabangon, President of the ALC Industrial and Commercial Development Corporation, on behalf of the ALC Group. The recognition was presented by Dr. Ronnel P. Ybanez, Founder and Chairman of Asia’s Pinnacle Awards, alongside Usec. Vidal Villanueva III, Deputy Director General of TESDA and National Adviser of the Asia’s Pinnacle Awards.

In an interview, Dr. Ybanez commended the ALC Group, stating, “Nakita natin na napakalaki ng naging ambag sa ating lipunan ng ALC Group of Companies sa tulong at leadership ni Chairman D. Edgard A. Cabangon. Kung saan tunay na naging kasangkapan upang ng sa ganoon po ang ating kababayan ay magkaroon ng maayos na pamumuhay sa pamamagitan ng mga kumpanya nito.”

Founded by the late Ambassador Antonio L. Cabangon Chua, the ALC Group remains steadfast in its mission to uplift the lives of the Filipino people. Comprising companies like BusinessMirror, PilipinoMirror, DWIZ 882 AM, 97.9 Home Radio, Aliw Channel 23, Philippines Graphic, Isuzu Gencars, Inc., Eternal Gardens Memorial Park Corporation, Citystate Properties and Management Corp., and Fortune Life Insurance Company, among others, the group employs over 5,000 individuals across various industries.

The ALC Group champions the core value of “malasakit,” a legacy instilled by its founder. Its social responsibility initiatives highlight this commitment. At the height of the pandemic, the group converted its 10 hotels into quarantine facilities at no cost to the government, providing critical support for over a year. The group continues to honor its founder’s legacy by supporting church projects and extending aid to various communities. It is also a steadfast partner of Caritas Manila and recently launched the ALC Bayanihan program to assist typhoon victims, further cementing its role in nation-building and community support.

Mr. D. Edward A. Cabangon paid tribute to his father and the ALC Group’s visionary founder: “Ang guiding light kasi natin ay sundan natin kung ano yung vision na ibinigay ng aming ama, si Amb. Antonio L. Cabangon Chua. ‘Yung mga kumpanya, noong itinayo niya, solid ang vision niya, kaya ipinagpapatuloy at pinapaunland na lang natin.”

He expressed gratitude for the recognition, “Nagpapasalamat ako sa Asia’s Pinnacle Awards sa parangal na ito. Magandang ehemplo ito para sa buong ALC Group, para patuloy tayong ma-motivate at ma-inspire. Ang award na ito ay patunay na tama ang ginagawa natin.”

Mr. Cabangon concluded, “Kahit wala na ang aming ama, tuloy pa rin ang pagtulong natin sa maraming tao. Mahal na mahal niya tayong lahat, at siguradong masaya siya dahil hindi natin pinapabayaan ang kanyang mga pinaghirapan.”

The ALC Group of Companies is currently chaired by D. Edgard A. Cabangon, who, along with his siblings, continues the legacy left by their father, Amb. Antonio L. Cabangon Chua.

Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature.

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