Cebu business group vows more projects

Cebu business group vows more projects
By Marlen D. Limpag
Business World Online
March 18, 2012

CEBU CITY -- The Philippine Business for Social Progress (PBSP) said millions of pesos worth of projects have been implemented in the last two years even as more activities are expected this year with partner companies, groups and donor agencies, an official said.

Jose Antonio Aboitiz, chairman of the PBSP Visayas executive committee, said during the group’s annual membership meeting last week that programs in 2010 and 2011 -- worth P112 million -- focused on livelihood and enterprise, the environment, as well as education and health.

Social enterprise programs have the best potential to address the environment, material, and spiritual divides and bring the country forward, said Paolo Benigno Aquino IV, Microventures, Inc. president.

For his part, Rafael C. Lopa, the group’s executive director, said new methods are required to address poverty and climate change issues, citing as example efforts to replicate management practices at Cebu’s watershed in the Upper Marikina River Basin Protected Landscape.