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| PBSP Chairman Manuel V. Pangilinan with Dennis Uy (right), president and CEO of Phoenix Petroleum Philippines Inc. (Photo courtesy of Pbsp) |
PBSP marks 42nd Founding Day
and Members
Meeting
The Philippine Business for Social Progress (PBSP) recently celebrated
its 42nd year of being the largest business-led social development organization
in the country at the Dusit Thani Hotel in Makati
The Annual Membership Meeting was highlighted with an Inclusive
Business Forum entitled “Are We Ready for Inclusive Growth?” that provided a
venue for the government and business sector to discuss the conditions in
achieving inclusive growth and surfaced the important role of business in
social development. Among the panelists of the forum from the government sector
were Department of Trade and Industry Secretary Gregory Domingo; Socioeconomic
Planning Secretary and National Economic and Development Authority
Director-General Arsenio Balisacan; Department of Health Secretary Enrique Ona.
Panelists from the private sector were Philippine Long Distance Telephone
(PLDT) Co. and PBSP Chairman Manuel V Pangilinan; Philippine Investment
Management (PHINMA), Inc. President and CEO and PBSP Board Treasurer Ramon Del
Rosario; Chairman and CEO Nestle Philippines and PBSP Trustee John Martin
Miller.
“We see inclusive growth happening especially if economic
growth continues its pace at 6%
to 7% over the next 10 years. But it can be
faster if there are businesses that seek to hit all sectors of society”, said
Secretary Balisacan. Overall, it was established that the goal is new and
challenging and there is a need for the government to consider providing
“financing to businesses”, as mentioned by Asian Social Enterprise Incubator
(ASEI) Executive Director Markus Dietrich.
PBSP directs to further strengthen its present Platforms for
Collective Engagements (PlaCEs) in the areas of Health, Education, Environment,
and Livelihood and Enterprise Development (HEEL) through Inclusive Business and
the support of its member companies, with local and international partners who
are one with the foundation’s vision to reduce poverty.
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Queries may be addressed to:
Philippine Business for Social Progress Corporate
Affairs
Tel:
527-3741 to 48 loc 102 · Telefax:
527-3741 · Email: pbsp@pbsp.org.ph
Please visit our website www.pbsp.org.ph
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About the Philippine Business for Social
Progress (PBSP)
Established in 1970, the Philippine Business for
Social Progress (PBSP) is the largest business-led social development
organization in the country committed to poverty reduction. With more than 240
large, small and medium-scale companies, PBSP members uplift the lives of
Filipinos through social development and environmental programs and projects.
PBSP has been influencing the Philippine business
community to integrate CSR into their core businesses and advocating the
application of core business strategies in addressing poverty. Promotion and
development of ‘Inclusive Business’ models for Health, Education, Environment
and Livelihood and Enterprise Development are at its core program agenda.
PBSP is continuously observing trends in official
development assistance through various mulitilateral agencies, which are
looking for partnerships with local organizations to manage their significant
social investments. Leaning towards leveraging the improvements within the framework
of Public-Private Partnerships, the foundation is steadily functioning to
further strengthen its capacity to respond to these opportunities.