Chiang Kai Shek College – Faculty of Business, Arts and Sciences, in cooperation with the Junior Marketing Association (JMA), hosted a seminar entitled “Entrepreneurial Breakthroughs” last January 17, 2014. More than 150 business students gathered at the 7^th floor of the Narra Campus to learn from the speaker, Mr. Henry Lim Bon Liong—one of the leading Filipino-Chinese business tycoons in the country. Also gracing the said seminar was CKSC president, Dr. Dory Poa.

Mr. Lim Bon Liong took over their family business at a very young age. He graduated from the University of the Philippines with a degree in Mechanical Engineering in 1972, and since then have taken the lead as Chief Executive Officer of the Sterling Paper Group of companies. Equipped with a strong value system, he persevered and endeavored to make Sterling the giant that it is right now in the industry.

An entrepreneur at heart and a risk-taker, Mr. Lim diversified into agriculture and transformed the rice industry through hybridization.  After much research, disappointments,  frustration, and trials, he later introduced a technology from China, which helped Filipino farmers increase their harvests. His SL-8H revolutionized and transformed rice production in the Philippines.

Speaking from experience, he shared insights on how entrepreneurs are vastly different from managers, and how vision and perseverance can make a difference in business. He also emphasized that to dominate the market and become the industry leader, it is important for an entrepreneur to be willing to take risks and strive to be better than competitors.

Having made a name for himself in various industries, Mr. Lim Bon Liong remains humble as a person. He always has packs of rice in his car which he gives to people he meets— new acquaintances and friends, potential business partners, or just anyone who might benefit from his high quality rice products. This is what he calls “Rice Diplomacy.” And indeed, this simple act of generosity is remembered by many people who are touched and inspired by his story. Entrepreneurs like him who use their businesses to help others are those who can, in fact, change the world.

(Article by Ana Charlene Lim)