Medrano’s talk focused on the extinction of Lake Lanao鈥檚 15 endemic cyprinid fishes from the genus Barbodes, including the highly prized Barbodes baoulan which was eventually traced to the proliferation of an invasive fish species, Glossogobius giuris. The latter was introduced to the lake during the 1960s to augment local fisheries. As a historian, Medrano also provided perspectives on the history of the discovery of the endemic cyprinids of Lake Lanao, including the scientists who discovered the said species and documented the decline of Lake Lanao鈥檚 biodiversity.

The lecture was attended by undergraduate and graduate students in Biology as well as select faculty members of the Department of Biological Sciences. The event was organized by undergraduate BS Biology major in Medical Biology students under 2MBio3 as part of their General Ecology (Bio 426) class under the supervision of Dean Rey Donne S. Papa, PhD.

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In his lecture, Assistant Secretary Napao presented the government鈥檚 programs and initiatives in combatting the impact of COVID-19 pandemic to the economy such as the four-pillar strategy which consists of the lifeline assistance to vulnerable groups, improvement of the healthcare system, the recovery programs, and the bold fiscal and monetary initiatives. Moreover, the Assistant Secretary highlighted the accountants鈥� role on the path to strong economic recovery re-counting the story of Mr. Washington Z. Sycip who played a vital role in the revival of the Philippine economy after the World War II by providing management advisory services and adding value to the financial reports of the business entities.

The lecture was followed by the discussions of the panel of reactors composed of representatives from the faculty, professional organizations, industry partners, and alumni. Prof. Yew Kee Ho, visiting faculty of the UST-Alfredo M. Velayo College of Accountancy from the Singapore Institute of Technology talked on the re-positioning of the accounting education in the next economy. In his discussion, Prof. Ho expounded on the attributes of the next economy, the key technology megatrends, the skills of the future, and the future of the accounting education.

Industry representative Mr. Allan W. Ocho, Consulting Partner of SGV & Co., discoursed on the three transformative value drivers: placing humans at the center of their organization, leveraging technology at speed, and enabling innovation at scale, which according to him are what the companies need to look into in order to thrive in the market place specially during this time of economic crisis.

Representing the ASEAN Accounting Education Workgroup, Prof. Zubir Azhar, a Senior Lecturer from the Universiti Sains Malaysia, talked on the technical skills and competencies needed by the accountants in terms of meeting the demands of the industry. According to him, skills for contemporary accounting success include effective data and technology, communication, accounting knowledge, problem solving, and professionalism. Moreover, he added that the qualities of working effectively with others, self-awareness, critical thinking, enterprise and self-management and responsibility must also be emphasized.  

Finally, Mr. Ace Ver C. Vargas, an Audit Associate of the PWC Isla Lipana & Co. and representing the alumni talked on the resiliency of accounting and finance professionals in the face of socio-economic uncertainty. Mr. Vargas also discussed the challenges of businesses and industries to combat the economic hurdles brought about by the pandemic.

The 15^th Washington Sycip Lecture (WSL) is the highlight of the 16^th Founding Anniversary Celebration of the UST-Alfredo M. Velayo College of Accountancy.  Named after an eminent figure in the Asian business landscape and a Thomasian, the annual lecture is conducted in memory of the late Mr. Washington SyCip, one of the founders of the accounting giant SGV & Co. which stands for SyCip, Gorres, Velayo & Co., and features a discussion on relevant topic affecting the accountancy profession and the business landscape as a whole. SyCip is an alumnus of the 探花精选.

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According to , the innovation center aims to help UST鈥檚 academic programs by not only providing an avenue to utilize research outputs, but more so open in the students the prospect of becoming entrepreneurs. 鈥淲e want to change the mindset that we earn degrees to be employees.

We want them to realize that with the innovations and commercialization of their products or technologies, they can also become employers.鈥� The center likewise serves as an answer to the need for not just research publications and dissemination, but more so utilization. In his message of support during the event, Department of Science and Technology 鈥� Philippine Council for Industry, Energy, and Emerging Technology Research and Development (DOST-PCIEERD) Deputy Executive Director Raul Sabularse expressed his hope that with UST now joining the ranks of 33 TBIs, the establishment of more startup ecosystems will be intensified.

鈥淎 TBI is both a venue and strategy [that provides] engagement [between the academe and industry] in manner that is meaningful and productive.鈥� Sabularse recognized that while the academe鈥檚 mandate is to teach and educate and the industry鈥檚 main goal is to earn profit, the TBI serves as a venue to bridge this seeming gap and place the two in a discussion united around common interests. 鈥淚 would like to believe that the best place to do it is in the academe, because you are doing researches.

If industry does not innovate, they will die because new and better products and services will enter the market,鈥� Sabularse said.

Convergence of disciplines

The center also aims to promote the practice of common and shared laboratories, where people from the different disciplines can use the same equipment and bring to the project their own skills and talents. 鈥淲e don鈥檛 want them to exist in silos. We have to accept that our own areas of expertise need to come together in order to make sure that our ideas translate to usable technologies and products that the public will benefit from.鈥� Initially, the Center will focus on the University鈥檚 niche areas of health sciences, natural products for health and wellness, biomedical devices, bioengineering, information and communication technology apps, and food technology, capitalizing on the strength of UST in these areas, as demonstrated by faculty researchers鈥� expertise and recognitions.

An integrative Catholic formation that cuts across specializations

In an interview with the , the Rector, , said that the business dimension of the TBI will receive the same integrative Catholic education that the University provides within the walls of the academe. 鈥淥ur Catholic education is integrative. Even with the TBI, our moral compass remains the same [for it] cuts across everything, wherever you are or whatever you are.鈥�

The Rector said that the initiative is in line with the concept of technohubs, which provide a platform 鈥渢o encourage the students and also our faculty to innovate and help them discover the economic value of their innovations.

This is a center that will help make a research work become a tangible reality.鈥� Going beyond the walls Apart from literally being outside the University鈥檚 original Sampaloc campus, the Center, which is located in the Ground and Mezzanine Floors of the new Blessed Pier Giorgio Frassati Building, the center鈥檚 services will be open to students, faculty researchers, alumni, the industry, and the general public. UST鈥檚 DOST 鈥� TOMASInno Center will have ideation rooms, 3D printers, as well as work stations for each of the projects that the center will host. As for the fabrication laboratories, the TBI will partner with the Faculty of Engineering.

Leading the team are Engr. Raymond A. Marquez, MBA (TBI Manager) and (TBI Assistant Manager). Four agreements inked The event likewise saw the ceremonial signing of four agreements with government and industry partners. Representing the University were Fr. Dagohoy, Nonato, and Marquez. The first agreement signed formalized the UST and DOST-PCIEERD partnership through a memorandum of understanding.

The Innovation Center is made possible through a research grant from the DOST-PCIEERD, which manages the Technology Business Incubation program of the government. The inclusion of UST in the grants received from DOST was made possible through the Higher Education Institution Readiness for Innovation and Technopreneurship (HeIRIT) program, a DOST-PCIEERD project implemented by the University of the Philippines through the National Engineering Center and UP Enterprise. Representing DOST-PCIEERD were Sabularse, Russell Pili (Chief Science Research Specialist), and Engr. Al Beato and Ms. Ann Kristelle Icuspit (Project Leaders).

Three agreements were likewise inked with industry partners, with initiatives ranging from licensing, to education, and research initiatives. Representatives of the Jollibee Group Foundation, Inc. namely, Ms. Belen Rillo (Vice-President), Ms. Gisela Tiongson (Executive Director), and Ms. Sharleen Alayat (Program Officer), were on hand to sign the agreement with UST, which is one of the two private universities it partnered with for the Learning Express 鈥� Farmer Entrepreneurship Program (LEx 鈥� FEP). The Lex-FEP is an initiative of JGFI, in partnership with Singapore Polytechnic University.

The project will allow UST students and faculty to have a platform to help farmers uplift their life conditions using Design Thinking and Social Innovation technologies. The two-year commitment included an initial training held in Singapore PolyU earlier this year, with faculty members from the , , and participating.

A licensing agreement was signed with Santeh Feeds Corporation, represented by Chairman Phillip Ong and Administrative Officer Dhonna Noreiga. Santeh, one of the leading feeds manufacturers in the country, provides UST with its first licensing agreement. Santeh will adopt and market the JAMP Primer, a diagnostic tool used for early detection of the white spot syndrome virus in shrimps.

The primer was developed by marine biologist (Principal Investigator), while the device was developed by faculty members Patrick Ellis Z. Go, PhD and Erica Ocampo. Finally, D&L Industries, represented by Managing Director Lester Lao, Technical Director Ms. Sonia Salvador, Market Development Manager Glenn Apostol, and Consultant David Pe帽aloza, Jr., entered an agreement with UST to 鈥渄evelop academic and research cooperation on the basis of equality and reciprocity and to promote relations and mutual understanding between both parties.鈥�

According to the DOST-PCIEERD website, TBI is a process of nurturing business start-ups in techno-enterprise and is an ecosystem where innovation is promoted and supported toward commercialization. As a host of a TBI, UST鈥檚 DOST 鈥� TOMASInno Center will be a facility where start-ups are hosted and business development services are provided. Among the services provided are technical assistance, intellectual property management and legal counseling services, and analytical laboratory services, among others.

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Prof. Ho discussed the current global trends in accounting and business research during the August 27 session. He started his discussion by posing the question 鈥淩elevance lost, relevance regained: What is one most important discovery in accounting or finance research in the last 30 years?鈥� In his discussion, he enumerated the top global accounting and finance journals, gave samples of top caliber and significant accounting research studies, and rankings of analytical, archival and experimental accounting research studies in the world. He also discussed the importance of research in the areas of accounting information systems, audit, financial and managerial accounting, taxation, and finance. 

On the second day of the four-day research training, Ho discoursed on the guidelines for the preparation of publishable research paper. His talk was divided into two main areas: preparing for publication and the structured approach to publication. As part of one鈥檚 preparation for publication, Ho gave some advice such as reading the financial press and other accounting research conducted in other countries, talking with industry practitioners, and realizing one鈥檚 interest as a research subject matter. He also talked about the Pitching Research Framework, a structured approach to publication popularized by his mentor, Prof. Robert Faff of University of Queensland Business School. The framework provided the key characteristics of a research: structured, brief, simple, methodical, clear and focused.

Ho critiqued some papers presented by students and faculty members including the paper presented by Asst. Prof. Christine S.M. Alday which she co-authored with students, titled 鈥業mpact of Corporate Social Responsibility on Financial Performance of Top Philippine Banks.鈥� Student research papers presented were on selected business combinations in the Philippines, corporate social responsibility, financial reporting treatment of Cryptocurrency Transactions.  

During the third day, the UST-AMV COA faculty members were joined by teachers from different accounting and business schools in the country for the training on researchers, panelists, advisers and teachers. Ho discussed the concept of a scholastic university and faculty. He emphasized the Knowledge-Skills-Digital Technology Framework for universities, how to balance academic rigor and industry relevance, the big data and data analytics roadmap and knowledge matrix, and funding matters for research, which for him, are the relevant information that a researcher, and research adviser/teacher should always consider. 

After his lecture, two student groups presented their research papers which were critiqued by a panel. After the critiquing, Prof. Ho gave his comments on both the presenters and the panelists. 

The last day of the four-day training was designed for a special dialogue between Prof. Yew Kee Ho and the UST-AMV COA administrators where he shared some best practices on research capacity building, enhancing competency, and increasing research productivity of accounting faculty members. He also shared some strategies for administrators in designing programs for its faculty members in terms of research efficiency.

Prof. Yew Kee Ho is a visiting professor of UST-AMV COA for the Academic Year 2019-2020. He currently serves as the Associate Provost, Skills Future and Staff Development of Singapore Institute of Technology. He is a Certified Public Account (CPA), Fellow Certified Practising Accountant (FCPA) of the CPA Australia, a Fellow Chartered Accountant (CA) of the Institute of Singapore Chartered Accountants, and Chartered Financial Analysts (CFA), CFA Institute.

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Prof. Yew Kee Ho, the College鈥檚 visiting professor, facilitated the training, which was attended by 62 faculty members representing 23 accounting and business schools in the country.

In the morning session, Prof. Ho discussed the effective ways to prepare publishable research papers. He shared his accounting research framework and discussed Prof. Robert Faff鈥檚 Pitching Research Template or the 4-3-2-1 approach to writing a paper: four fundamental starting points, three core aspects of empirical research project, two key questions, and one bottom line. He also discussed the concept of Scholastic University, which emphasized the knowledge-skills framework for university and the right mix of knowledge, skills and digital technology towards attaining a high quality, industry relevant, research university.

In the afternoon session, two student groups presented their research papers, which were critiqued by selected faculty members who served as panelists. Afterwards, Ho gave comments and advice to the panel members.

Ho currently serves as the Associate Provost, Skills Future and Staff Development of Singapore Institute of Technology. He is a Certified Public Account (CPA), Fellow Certified Practising Accountant (FCPA) of the CPA Australia, a Fellow Chartered Accountant (CA) of the Institute of Singapore Chartered Accountants, and Chartered Financial Analysts (CFA), CFA Institute.

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This was a follow-up activity in relation to the proposal of UGS鈥� Dr. Christian Della, who visited UST in May proposed research collaboration with the UST Faculty of Engineering. Among the options considered is hosting faculty members of UST in the University of Glasgow (UoG) in Scotland as they obtain their advanced degrees.

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