Archie Carrasco, the man behind AGC Power Holdings Corporation (AGC PHC) has once again been recognized for his outstanding innovation in the business industry. Last June, he received a nod at the Asia Leaders Awards as one of the 15 Rising Tigers and Nation Builders under the Men and Women Who Matter List 2022. This year, he reaches even higher heights at an acclaimed entrepreneurial organization, the Asia Pacific Enterprise Awards (APEA) 2022.

Chairman and CEO of AGC PHC Archie Carrasco

The APEA awarded the Chairman and CEO of AGC PHC as Master Entrepreneur in the Media and Entertainment industry for 2022. Mounted as a special gala dinner last October 20 in Penang, Malaysia, the event gathered top innovators across industries like mining, food and beverage, real estate, and finance, among others.

Grounded on institutionalizing sustainability, fostering innovation, and accelerating growth, the APEA has empowered entrepreneurs since 2007 with over 2,000 members connected through the spirit of business. As the premier entrepreneurial award recognition program in Asia, it promotes business development as an essential asset to a country’s economic advancement, thus empowering the legacy of entrepreneurs. 

This year, the APEA’s theme focuses on navigating business in the era of COVID-19. Chairman of Enterprise Asia, Dr. Fong Chan Onn, explained in his opening speech that responsible entrepreneurship became a key driver in paving the path to positioning Asia at the top of the worldwide economic reset. 

Awarded with honor by Penang’s Head of State, His Excellency Ahmad Fuzi Abdul Razak, Carrasco was applauded for building one of the most influential media conglomerates from the ground up during the pandemic, AGC PHC. 

“When your intention is pure, magic happens naturally—and the right path to your purpose becomes clear. This is what this award means to me and my entire team: affirmation that the energy and passion that we pour into our work is leading us towards a higher purpose.”

Archie G. Carrasco

From just a single homegrown publishing company, One MEGA Group Inc. (OMGI), he grew the ecosystem with diverse subsidiaries — Digistar PH, home of digital movers, with 360-degree marketing services; 7640, a full-scale production house led by young entrepreneurs dedicated to producing local music and video content to uplift Filipino talents to a world-class standard; and Mega Global Licensing Inc. (MGLI), a global media powerhouse that acquired Nylon Manila and Vogue Philippines.

Apart from Carrasco, 25 other exemplary business leaders and enterprises across Asia received an award from the prestigious body. Other veterans were also recognized, such as President and CEO of Pepsi-Cola Philippines, Frederick Ong; Founder and CEO of Bataras Malaysia, Goh Thian Teck; Founder of LCY Development Brunei, Francis Lau Choo Yew; President and Chief Executive of Government Savings Bank Thailand, Vitai Ratanakorn; and Stamcorp International Singapore Founder, Nikhil Kumar.

 “Purpose Over Profit” serves as Carrasco’s guiding principle as he continues to cement his reputation in the business sphere. He believes that one should be committed to positively impact the lives of others, whether it may be your audience or your employees. Through AGC PHC, he creates meaningful contents in media that showcases the Filipino talents while providing opportunities for hundreds of employees.

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