Seas the Day at Esplanade’s Seaside Market

Article by Janella Virrey / Photos by Pamela Deyto, Michelle Tiu, and Monica Dimapilis / Graphics by Mariel Avendaño

Esplanade is an annual week-long bazaar hosted by the Ateneo Management Economics Organization. Students and outsiders alike were able to run their own concessionaires and participate in the activities set out at the Zen Garden.

From January 29 to February 2, through MEcO’s Fund Management department, the Ateneo community was able to experience a glimpse of the seaside at the Zen Garden because of this year’s Esplanade: the Seaside Market. With fishnets strewn on the stalls and seashells decorating the area, the bazaar had an overall cozy feel of the seaside. A wide assortment of products, offered by the participating concessionaires, were present as well—ranging from delectable food, fashion-forward clothing, and trendy accessories. Alongside that MEcO members enjoyed a variety of games and activities all throughout the week.

Esplanade is an annual week-long bazaar hosted by the Ateneo Management Economics Organization. Students and outsiders alike were able to run their own concessionaires and participate in the activities set out at the Zen Garden.

From January 29 to February 2, through MEcO’s Fund Management department, the Ateneo community was able to experience a glimpse of the seaside at the Zen Garden because of this year’s Esplanade: the Seaside Market. With fishnets strewn on the stalls and seashells decorating the area, the bazaar had an overall cozy feel of the seaside. A wide assortment of products, offered by the participating concessionaires, were present as well—ranging from delectable food, fashion-forward clothing, and trendy accessories. Alongside that MEcO members enjoyed a variety of games and activities all throughout the week.


Main promotional poster by Molly Walker and Mariel Avendaño


Esplanade setup at the Zen Garden
16 of the concessionaires featured in the event were student-run stalls. These were the following:

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Vanguard – water repellant spray    |   Fox & Fletcher – messenger bags

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Vega – running shorts   |   Bud Manila – cacti

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Vintage Alley – aloha shirts   |   Zippy – pouches

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Wunderwear – underwear   |   Kinetics Activewear – activewear

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Mergo – cheese sticks and dips   |   Chamangas – spicy mango shake

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Gramo – granola bites   |   Motion Activewear – leggings and sweatpants

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Newtrition – protein spread   |   Sweet & Start – cookies, brownies, and cakes

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Going Bananas – ice cream   |   Mrs. Puff’s Pastries – Japanese street food

Aside from student-run concessionaires, 8 external enterprises also participated in the event.

Included in this roster was former JSEC stall favorite Chicks2Go. The other concessionaires were as follows:

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Designer Co. – men’s printed polo and shirts   |   Paisley PH – women’s bags

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Paisley PH – women’s bags   |   Cliff & Khay Collections – cellphone accessories, kpop, and other novelties

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DJChic – teens/ladies clothes and specs eyewear    |   The Cousins Collection – women’s wear

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Chicks2Go – Chicken bites   |   Pasta Pizzarific! & Juice Bar – Pizza, pasta, sausage, and fruit drinks

Various activities and contests were also presented all throughout the week, with exciting games featured each day, such as milk shots, ball elevator, juice pong, eggplant game, and chica line up.


MEcO ladies playing Chica line up


MEcOnistas playing a wholesome game of juice pong

MEcO launched an online poll wherein visitors of the event were asked to like and share the Facebook photo of the logos of their favorite stalls. The poll began during the first day of Esplanade on January 29, and ended on the last day, February 2. The top 3 stalls with the most likes and shares were hailed as the SEAkat award winners. Atenean-run stalls Bud, Mergo, and Zippy, together with non-Atenean stalls Ricky’s Closet, Chicks2Go, and Paisley, won the SEAkat award.

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Kinetics underwear, Mergo, Wunderwear, Chicks2Go, CCC Food services, and Ricky’s Closet received the “Pearly bird” award, since these concessionaires paid first.


Customers of Esplanade were also asked to vote for their favorite stalls during their visit. The “Gusto Coast” winners who garnered the most votes are, Vintage Alley (1st), Vega (2nd), and Zippy (3rd) for the LS stalls, and, Chicks2Go (1st), CCC Food services (2nd), and Designer Co. for non-LS stalls.


With a generous premium, the “Seas the Day” award was also given to the top-performing concessionaires. Vega won 3rd place, while Vintage Alley placed 2nd. The overall winner of Esplanade (that received 50% off of the concessionaire’s fee) was Chicks2Go.



The following generous sponsors and co-presenters helped make Esplanade: The Seaside Market possible.

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The event would not be as successful without the leadership of Pamelo Deyto and Sabrina So, who stepped up to be the Esplanade project heads. Special commendation is also given to the core team and the volunteers for doing a job well done. Indeed, Esplanade: The Seaside Market showcased MEcO’s main core competence of financial literacy by giving the MEcO members the opportunity to practice it through operation and supervision of their stalls.


Acoustic Night: MEcOnistas, One Night Rakistas!

Written by Angelica Tancinco / Photos by Mark Anastacio
Right after the culminating of SOM Week came another event MEcOnistas highly look forward to which is the return of Acoustic Night for its second year. MEcOnistas were given the chance to unwind and bask in the live music and the chill ambiance of the night.
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Hosted by Ateneo MEcO’s Fund Management department, Acoustic Night paved an avenue for MEcOnistas to showcase their talents through live performances as Ateneo MEcO not only invests in stocks but also in the talents of its members!
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This year’s Acoustic Night was held under the cozy and warm lights of Yellow Flame Bar and Grill in Kapitolyo where we got to witness the amazing voices of MEcOnistas as they sing their hearts out to their own rendition of OPM classics such as Aiza Seguerra’s “Pagdating ng Panahon” and Eraserhead’s “Huling El Bimbo.”
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Fitz Shioda and Brandon Alonzo kicked off Acoustic Night by serenading the crowd with their original compositions. Spotted in the scene were some of last year’s and this year’s MEcOustics members.
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One of the highlights that night included the performance of Andrew Niguidula where the crowd surprisingly and harmoniously sang along to the his rendition of “Pare Ko” and “Narda.” On the other hand, Migs Caparas’ came prepared with a sawi song by Hale entitled “The Day You Said Goodnight.”
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Acoustic Night was definitely not just a night of live music. It was a night where people took a break from academics and work and instead focused on something one would regard as the important matter–family and friends. At the end of the day, here in MEcO we are all family.

Pride Week: Suite Life On Deck!

Written By Julian Uy / Photos By Cara Glorioso and Bea Tabios
MEcO Pride Week is a week-long event where MEcOnistas can let loose, relax, bond, and have fun. One can find theirself lost in the paramount of activities held at Colayco Hall.
During times of trying tribulations and weeks of heavy loaded examinations, only one place provides sanctuary as an escape from the all-consuming academic responsibilities. Ateneo MEcO along with Trampoline Park proudly present Pride Week 2017: Suite Life on Deck!
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In one corner, a cluster of students compete for supremacy in games that require the utmost skill to win home gift certificates from 47 East. Video games such as FIFA, Tekken and NBA are the modes for competition.This played a contrast to those that were chilling like a villain right beside them. If they weren’t spectating those that were fiercely mashing buttons on the PS3 controller, they busied themselves by striking up a conversation with one another or just lying on the mattress to pass the time.
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Other students used Pride Week as a means of catching up on studies while munching on some popcorn from Oishi. One may find a student or two on one corner buried deep in their readings, as if oblivious to the atmosphere of delighted chatter surrounding them. They did not feel alone though as orgmates that study together during “hell week”, stay together.
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Such is the ambiance of Pride Week, but this does not hinder MEcOnistas in any way when you approach them. They still show the same open kindness that catches many newcomers off guard. They can talk to anyone as if they’ve been friends for years. One can see how MEcO is truly a family without boundaries, and Pride Week is where the family gathers.

A Beginner’s Guide to the Stock Market: Investment Mentorship Program Open Session

Written by Emina Sotto / Photos by Andrea Chan / Poster by Monica Dimapilis

The Investment Mentorship Program is a year-long, progressive learning program that teaches the basics of investing all the way to advanced topics.

“Hanggang saan aabot ang 100 pesos mo?”
The Investment Mentorship Program: Open Session started with this question, asked by MEcO’s very own mentors Jaime Manzano and Kahane Pe, who facilitated the event to a room full of mentees and non-mentees, including invited senior high school students from the Ateneo, striving to become student-investors in CTC 114 last October 13.
The answer to the question according to the duo is to invest. Why invest? To battle inflation and to buy financial freedom for your future self.
To start the lesson, Jaime and Kahane first defined stocks as the portion of a company or a good located in the Philippine market that move with supply and demand. Afterwards, they moved on to explaining the difference between investors and traders. They compared investing to a marathon, where enduring the longest is more important than being the fastest.
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The main point of their discussion revolved around the FTSR Framework that stands for fundamentals, technicals, sentiment, and risk management; those of which are important factors to consider when it comes to stocks and the stock market.
Under fundamentals or creating the portrait of a company, concepts such as market capitalization, the P/E ratio (price to earnings), and earnings per share were given light.
Moving on to technicals or the forecast using a chart of where prices will go, the types of trends were explained as well as the concepts of support and resistance. Support is the point in the where the stock price does not fall, while the resistance is the point where the stock price does not rise.
Furthermore, sentiments predict the stock prices based on current events regarding a specific stock. They summarized this in one word: news. They emphasized how powerful news can affect how investors perceive the company thereby dictating their desire to invest.
Lastly, they explained risk management, examples of which are cut-loss and diversification.They compared cut-loss to an “exit point” when things do not go as planned, where investors must minimize their losses. On the other hand, diversification was explained as “not putting all eggs into one basket” or investing in more than one stock.
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In order to facilitate the discussion and to deepen the understanding of the attendees, simple activities were given.
To understand fundamentals, attendees were asked to search the stock code, CEO, and net income of a certain company.
An activity using an online application called Investagrams, made use of the line tool to distinguish support and resistance points in a graph, to grasp the concept of technicals.
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To give emphasis to the impact of sentiments, a group challenge on determining why the stock price dropped for a certain company was accomplished.
Finally, to give sense to diversification, an activity on classifying a list of stocks based on their sectors (according to was executed.
Mentors were present in assisting the attendees throughout the session.
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To end the workshop, Vice President for Investment Strategies, Jason Gusilatar, announced the expansion of the program to senior high school students, also acknowledging the few who were present, as he believes in investing on the youth. He also extended his invitation to the attendees to join the other open sessions of the Investment Mentorship Program in the near future, hoping to encourage more students to become student-investors.
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The first open session of the Investment Mentorship Program was highly informative and enjoyable. Mentors Jaime Manzano, Kahane Pe, Dan Reyes, and Thea Zabala were successful in organizing the first open session for the Investment Mentorship Program, as the room full of attendees were able to acquire new knowledge regarding the basics of stocks and the stock market. Together with other mentors present: Jolo Gutierrez, Tim Sio, and Adrian Syliangco, they were able to effectively and efficiently guide the participants in having a fruitful and meaningful experience all throughout the workshop.
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Through this event, MEcO was able to highlight its core competency of financial literacy, with the goal to educate and build a community of student-investors in the Ateneo.
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Interested in attending the next Open Session? Be sure to like the Ateneo Management Economics page on Facebook for updates and announcements.

Kidpreneur at AGS fair

Written by Julian Uy / Photos by Dannica Cabangong

Kidpreneur provides ateneo gradeschoolers with yet again naother avenue to show off their entrepreneurial skills.


For the Ateneo grade schoolers, the school fair is a long-awaited event before the beginning of a long and arduous period of studying. It is an opportunity to relax and let loose, but while some may take this opportunity to run around and play, others such as the kids from Kidpreneur use this time to immerse themselves in the experience of entrepreneurship.

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18 kids chose to be part of this experience, each having 1 hour to man the stall and roam around the boisterous campus in search of more customers.Their snacks for sale entailed the small yet juicy sisig wrap and the thin yet filling cheese sticks.

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The volunteers of Meco aided the kids by accompanying them around the campus and helping them sell their products

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The kids were like little balls of energy for the entirety of the two-day fair. They ran, they sold, they laughed, they cooked (putting food in a microwave), but most of all, they learned! So finally, after having sold 400 pieces of sisig wrap and 420 cheese sticks, the little entrepreneurs of MEcO reported feeling happy to have been able to step out of their comfort zones to talk to people.

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FM DevSeries: Pitch Your Ideas to Walrus and Tortuga

Written by Michelle Tiu / Photos by Red Fabros and Monica Dimapilis

MEcOnistas were given the chance to test their creativity and skills in pitching product and marketing ideas to the owner of Walrus and Tortuga Katipunan.

With Ateneo MEcO’s rebranding, one of the things included is the M.A.P. (MEcO Advancement Program). This revamping gave birth to a new DevSeries by the Human Resources department. Various departments will take turn in hosting workshops and talks specifically for its members.

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Held last October 4, the Fund Management department (FM) hosted the first ever DevSeries for the year to further immerse freshmen and FM members what their department is all about.
Special guest Zachary Riskin, co-owner of Walrus and Tortuga Katipunan, came by to talk about entrepreneurship based on his personal experience. Surely, the crowd of Ateneans were thrilled to get to know the secret behind Walrus’ famous chicken skin.
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Like most startups, especially a food and beverage business with numerous competitors, the task of opening one with no prior experience was not an easy job. The most basic checklist to be completed was: have a good team, know the business’ market, have a good product, and be prepared to wait. To quote Zachary,
“The long fight is when the work really begins. No tangible reward in sight at first other than the continuity of the business. It takes a lot of perseverance and cooperation. You can’t just get bored, quit, or slack off.”
When asked what he thinks of money, he said,
“Every entrepreneur might be to earn money, and that’s not bad; however, one must not pursue money simply for money’s sake.”
“Money can give you freedom, help you help others, and ease your mind.”
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After the talk, MEcOnistas were asked to break into groups and socialize with fellow FM members. The task given was to pitch an idea that will help the sales of Walrus Katipunan to the owner, himself. FM members got competitive and started brainstorming for clever and even hillarious ideas for Zachary to declare a winner.
A couple of minutes had passed, and the teams were ready to pitch their ideas. One team pitched that Walrus Katipunan should host games. In addition, a Drinking Wheel, much like the Wheel of Fortune, can be an addition wherein in guests can test their luck and spin the wheel to win free food and drinks and have a lot of fun! Zachary loved their idea and finally declared them as the winner.
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Truly, MEcOnistas showed that they are more. Stay tuned because Ateneo MEcO has more in store this school year!

MEcO Pledge Week: Make Your Every Pledge and Peso Count

Written by Janella Virrey / Photos by Archie Bocalbos, Mariel Avendano, and Andie Lim / Interviews by Janella Virrey / Post-processing by Mariel Avendano

Pledge Week is a week-long selling event that aims to fund the Save! Campaign by garnering pledges from the students of the Ateneo community.


The last week of September ended on a good note for MEcO because of the success of Pledge Week 2017. Held last September 25-29, Pledge Week is a week-long project that aims to garner pledges from generous students who voluntarily gave different amounts of money to fund the Save! Campaign. All profits earned from Pledge Week directly impact the Community Development department and its Save! Campaign project.

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Pledgers posing with their stickers and piggy bank

Save! Campaign is one of MEcO’s year-long initiatives that aims to teach the kids of its partner beneficiary, Kalumpang Elementary School, the fundamentals of saving and financial literacy, in order to propagate its core competencies not just within the organization, but also the communities outside of it. It aids in building the children’s awareness on the importance of saving at a young age— it teaches these children the basics of saving and helps them improve their saving habits.
For this year, the superhero theme dominated Pledge Week. Rigorous efforts were made to promote the event; these efforts were manifested through the dissemination of both traditional and non-traditional promos around the campus and on social media.
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Main promotional poster by Ysa Cuison
During the event proper, the Pledge Week booths situated in Kostka extension and JSEC were greeted by an overwhelming influx of pledges, especially during the first few days. By pledging to the project, the students were able to sponsor a Kalumpang elementary student with a piggy bank— one of the most basic yet effective forms of saving for children as young as them. However, pledgers did not go away empty-handed, because in return, they were given free stickers depending on the package they availed. Since the theme for this year is focused on superheroes, the sticker designs were also superhero-themed.
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Superhero-themed stickers designed by Mariel Avendano
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Volunteer rovers wearing red hero capes
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Pledge week booth at Kostka extension
Rapa Limpingco, co-project head responsible for organizing and leading the Pledge Week core team, had this to say on the turnout of the project.
“It went above our expectations. I feel like we were able to gain more than enough funds for the kids of Save! campaign.”
Archie Bocalbos, co-project head, also agreed that the turnout of Pledge Week was successful.
“Okay naman. We exceeded our expectations twofold. The turnout [of the project] will be helpful to the Save! campaign since the expenses will be covered.”
However, before attaining success, they still encountered difficulties in terms of planning and execution that slightly threatened the project. Upon being asked, Archie said,
“For planning, yung token na ibibigay namin sa mga pledges, as well as cost for pledging was hard. Yung pag-forecast ng demand for pledges is also tricky. [We also encountered difficulties since] this pledge week is not the same as the pledge week last year. Before, we only had fundraising, walang token. Now, we had to think of a product to sell. Execution-wise, mahirap yung [task of] organizing volunteers, as well as booth maintenance.”
Meanwhile, Rapa said,
“As for planning the project, we didn’t face that many problems. But, as for execution, I feel like we lacked in getting enough volunteers to continuously look for pledges throughout the week. However, overall, like I said, we went beyond the goal we set for ourselves.”
Considering that theme for Pledge Week was superheroes, both Archie and Rapa had persons in mind whom they considered as the heroes of Pledge Week 2017 and served as the primary factors that contributed to the success of the project. Without any hesitation, Rapa said,
“For me, there was only one primary factor [that contributed to the project’s success]— that was the commitment of the volunteers to raise funds and get pledges for the Save! campaign and the kids. And with that, the heroes for this project were those who pledged and those who worked hard to gain enough funds for Save! campaign to be a memorable one for the children.”
On the other hand, Archie considered the volunteers and his core team as the heroes of Pledge Week.
“Of course, yung mga volunteers, number one. Especially the freshmen who were consistent throughout the week. Siyempre, core team ko, sila rin nagplan nito— hindi ‘to mangyayari kung wala yung sila.”
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Volunteers of Pledge Week, with co-project head, Rapa Limpingco
Bong Ramos, a newcomer in MEcO, shared to us his reasons for volunteering for Pledge Week.
“[I volunteered] because I felt like I wasn’t doing my job if I didn’t volunteer. I didn’t sign up for Save! campaign, so it’s my way of contributing to the organization.”
Pledge Week was more than just a simple fundraising activity. It sets the bar high for future projects of the same nature, since, it has exceeded the expected outcome in terms of profit and number of pledges. The tally of pledges amounts to a total of 560 pledges during the whole week of operation.
Yet again, another fruitful project for MEcO has passed, hopefully, signifying the onset of more successes in the upcoming projects. Kudos to the project heads, core team, and volunteers who made the event possible, as well as the generous students and alumni who pledged for the benefit of the Kalumpang Elementary School kids, the beneficiaries of MEcO’s Save! Campaign.

SAVE! Day 1: A SUPER way to start the Campaign

Written by Migs Caparas / 
The superheroes of Ateneo MEcO once again return to Marikina to meet the kids of Calumpang Elementary School. Armed with knowledge on basic financial literacy, it is time for Ateneo MEcO to help the kids SAVE! the day once again.
SAVE! Campaign is back and bigger than ever! Now catering to two-hundred kids, one can say that the superhero themed event has been SUPERSIZED!, but it was still able to bring out the same quality of smiles from the kids just like last year.
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What way would be better to start the program off than a short dance number from the hosts Migs Caparas and Mikay Abisana? The very bibo duo welcomed the kids by showing their super dance moves and super kulit energy! Their introduction set the mood for the very exciting day to come.
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Having set the mood of the day for the kids, the hosts took a step back and had the kids show their own energy through chants and cheers. With the help of their kuya and ate facilitators, they all were able to come up with creative cheers for their groups. One group even had their own take on Queen’s We Will Rock You as their cheer! The energy was undeniably SUPER! It was at this point that the MEcOnistas knew that the kids were ready for the day and to learn how to SAVE!
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Shortly after, the Kids studied basic budgeting, and the concept of needs and wants. No lesson is too hard for the kids thanks to their very knowledgable faci’s! They then applied the lesson a a short ball game wherein they needed to shoot balls into boxes with items labeled on them. The balls needed to be shot through boxes that are labled with items that are considered as economic needs. This is in hopes that they will do the same thing in day-to-day life! Of course SAVE! Campaign isn’t all lectures and lessons. It wouldn’t be as SUPER! without these adrenaline-pumping activites.
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After all the tiring lessons and activities, the kids needed a SUPER! break with SUPER! food! A prayer before meals was led by one of their teachers, ma’am Emma-lyn. She also announced that one of the kids, Jessica, was celebrating her birthday on that day! Happy birthday Jessica, we hope you enjoyed your day!
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After the break, it was time again to learn. This time, the lectures were about the dangers of Impluse Buying and how to prepare for emergencies where money is needed. The last lesson was about tips on how to actually SAVE! money.
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It is also worth nothing that MEcO alumni were present in the event. They were the ones who started the org nearly three decades ago and they are happy to see what MEcO has accomplished these past years, most especially SAVE! Campaign. One of them, ma’am Gia, even shared a story to the kids on how she teaches her child how to SAVE! the allowance that she gives him for school.
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After all was said and done, the MEcOnistas had to leave the kids of Calumpang Elemtary School. But fret not for this only the beginning! the MEcOnistas are only preparing for the second day of SAVE! Campaign. Project head Hannah Wagayen gave her final words and thanks to the kids and the Calumpang Kids expressed their gratitude as well.
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Until next week, Kids. See you on DAY TWO!


Written by Julian Uy / Photos by Julian Uy

Kidpreneur is a registered club activity under Meco that caters to kids in grade school. It hopes to teach them the importance of saving and entrepreneurship.


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The day was filled with dark clouds which hinted to eventual rainfall but even somber weather was not enough to dampen the members’ spirits. Excited chatter crowded the air in the classroom as volunteers met the children they were assigned to assist. Each group went about how they would best sell their food whilst getting to know each other through small talk.

After a few minutes of discussion, groups went out one after another to try their luck in the different grade level faculty rooms. The harrowing silence of the faculty room was broken by the piercing screams of ecstatic children. The little entrepreneurs invaded faculty rooms and the break time of the basketball team to sell all their candies and drinks. In a span of less than an hour, most of their products had already sold out. Although at first kids had reported feeling weird about the activity, they later on came around stating that they felt fulfilled being able to sell everything to students and teachers alike. They found that they were lacking stocks for their other customers who weren’t able to receive and went so far as to request that more be brought next session.


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All in all, it was a promising start for MEcO’s kidpreneur!

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The Filipino is Worth Investing For: Invest! Day 1

Written by Kevin Choa / Photos by Mark Anastacio and Issa Imperial
Invest! is a two-day event which aims to teach the basic skills and principles to anyone interested in investing, whether it be in the stock market or in other investments.
Last September 18, the Ateneo Management Economics Organization (MEcO) kicked off one of its flagship projects on financial literacy: Invest! This two-day event aims to teach the basic skills and principles to anyone interested in investing, whether it be in the stock market or personal finance.
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Day One saw Edmund Lee, a Chartered Financial Analyst and the President and CEO of Caylum Trading Institute, share his insights on investing to a packed, standing room-only crowd at the Escaler Hall. Much of his talk discussed about the common fears and debunked certain myths about the stock market to new investors, as well as explaining why the Philippine market is a good investment at this time.
Mr. Lee began his talk by mentioning that millennials are the luckiest generation so far. Information, according to him, is now within easy reach due to advances and innovations in technology. That being said, one’s success is not dependent on one’s access to such technology; it’s how one uses it to his/her advantage that counts. However, he mentioned that despite the enormous wealth of information one may have, there would always be a need to maximize it. Future generations, Mr. Lee said, would become smarter and more adaptive, therefore making it more important to build on one’s resources as much as possible.
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The speaker then proceeded to explain why investing was a simpler way to increase one’s wealth, emphasizing the fact that majority of the wealthiest individuals in the world built their fortunes on investments over inheritances. As costs increase and going into business becomes harder, investing is a viable option, as you “make your money work for you.” In saying this, Mr. Lee said that large companies and corporations are partners in the business world, considering the amount of influence and networks they have on the overall business community. While being an entrepreneur is still a common practice, many entrepreneurs turn to those businesses for help.
Moving on to the topic of the stock market as a representation of the economy, it is anything but certain, given the various rises and drops in the values of certain stocks at certain periods of time. An example would be the 2016 Philippine elections, in which no one could be certain that Rodrigo Duterte is the best option amongst all the candidates before he was elected. Mr. Lee further emphasized that until his or her term ends, no one can confidently tell or fully prove if a president is considered a good or bad leader. Such uncertainty during an election creates noise on who would be the best one, similar to the stock market itself.
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Mr. Lee then added that there are always scapegoats, negative press, and other sorts of distractions which affect the trading and investing decisions in the stock market. He emphasized that despite the constant news of dropping values, not every drop means economic recession. Not only was the Philippine economy not badly hit by the 2008 financial crisis in the United States, but also much of the Philippine GDP comes from outside the country (BPOs and OFWs), according to Mr. Lee. He also said that investors must focus on long-term effects any policy or event has on the economy, no matter the short-term risks it imposes.
Mr. Lee then encouraged the audience to begin investing, by saying that “Everyone wants to invest in the Philippines, except the Filipino.”, as well as encouraged investing in megatrends in the country and internationally. He then cited the stories behind the success of various companies, such as Apple, Yahoo!, Blackberry, and Universal Robina, companies which expanded their operations and succeeded as a result. All four companies’ stock prices had an upward spike in value at some point.
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At the end of the day, however, Mr. Lee encouraged new investors to fully understand the scope of their investments. He mentioned the value of brands, as well as the various trends and innovations which change people’s lives, stressing that unlike popular opinion, the stock market is anything but a gamble. It is full of points to consider: where one is in the market, what the market conditions are, and how one must act based on decisions and events which affect the business community. He then closed Day One by discussing the concept of a shared economy, crucial to new investors as well. The Philippines is full of demographics, young labor, and the development of technology which could soon arrive. As part of the market, we as investors share the economic activity and growth, which is dominant in a time where some of the richest companies own nothing and earn on sharing services from other people. Even with all this technology and knowledge flowing, there is nothing to gain if these are not properly shared and determine the overall activity of the stock market.
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Invest! Day 2 will be held on Monday, September 25 at Escaler Hall. Brian Ngan, Chief Investment Officer for Cedarside Holdings Corporation, will discuss the basic skills for trading and investing, the final step for new investors willing to seek the peak.