Thursday, February 23, 2006

PBSP Welcomes Nine New Visayas-based Member Companies

The nine new member companies of PBSP holding their membership plaques together with PBSP Board of Trustees, Mr. Roberto E. Aboitiz of Aboitiz & Company (left), PBSP Chair Mr. Manuel V. Pangilinan of PLDT Co (5th fron the left), and Mrs. Maria Luisa Perez-Rubio of Ponderosa Farms, Inc. (6th from left).

The Philippine Business for Social Progress (PBSP) recognized nine new Cebu-based member companies. The recognition was done during PBSP’s 18th Visayas Annual Membership Meeting (VAMM) held last February 22, 2006 at the Casino EspaƱol de Cebu. This brings PBSP’s roster of member companies to 211.

Established in 1970, PBSP is a corporate-led foundation dedicated to the promotion of business sector commitment in poverty reduction. PBSP’s social development efforts in the Visayas began in 1988 with the implementation of Hillyland Development Program (HDP) in the Central Cebu protected watersheds. As a partnership between PBSP, the Cebu City government and the business sector, HDP was geared towards the reforestation of the denuded Central Cebu watersheds and the improvement of the livelihood of the people living in the watershed barangays. At present, PBSP Visayas is managing poverty reduction and corporate social responsibility programs that have benefited more than 23,000 households in Bohol, Cebu, Negros Occidental and Samar.

The poverty reduction programs implemented by PBSP are opportunities for the business sector to be directly involved in social development. The nine new Cebu-based member companies of PBSP are: Andy’s Food Chain, Boyla Dive Center, ER Laguna Construction, Garces Royal Garden and Food Service, GA Satellite Ventures Inc., Global Network Communications Solutions Inc., Janice Minor Export Inc., Mactan Rock Industries Inc., and Mastercraft Philippines Inc.