VOL. 7 ISSUE 126 • TUESDAY, SEPTEMBER 9, 2014
P 15.00 • 20 PAGES
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WAITING. A seemingly tired President Aquino massages his forehead while waiting to give the keynote speech for the launch of Philippine Business for Social Progress (PBSP)’s Inclusive Agribusiness Program at SM Lanang Premier’s SMX Convention Center yesterday. Lean Daval Jr.
NO FILIPINO LEFT BEHIND By JON JOAQUIN
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ROM the “Land of Promise” to the “Land of Promises Fulfilled.” This is what President Benigno Aquino hopes Mindanao will become as the Philippine Business for Social Progress (PBSP) launched its Inclusive Agribusiness Program yesterday at the SMX Convention Center in Davao City. In his keynote speech before some 500 PBSP member-companies, donors, and government and non-government sector representatives, Aquino said the program “outlines clear strategic imperatives towards harnessing the resources of Mindanao for the common good.” “The initiative we launch today, the
Mindanao Inclusive Agribusiness Program, comes at an opportune time as we seek to transform Mindanao from the Land of Promise to the Land of Promises Fulfilled,” he said. Prior to his keynote speech, PBSP Mindanao Regional Committee chair Paul Dominguez and Mindanao Development Authority (MinDA) chair Secretary Luwalhati Antonino signed a memorandum of understanding (MOU) on the Inclusive Agribusiness Program. The program promotes PBSP’s Inclusive Business Imperative (IBI) campaign in Mindanao, through which the organization aims to address the income gaps in the
country by incorporating the poor within the company’s value chain as suppliers, consumers, distributors, and employees. PBSP has been advocating the application of business strategies in a multi-stakeholder effort to address poverty and create greater socio-economic opportunities for the poor in the last four decades since its formation in 1970. PBSP said it sees Inclusive Business (IB) as a strategic response to the challenge of rebuilding lives and rousing the dynamism inherent in the 62 percent of the total Philippine households that currently subsist on a family income of P18,000 a month.
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