SBMA, PCE Signed MOU to Aid Displaced Subic Workers
04 September 2009

The Subic Bay Metropolitan Authority (SBMA) and the Philippine Center for Entrepreneurship (PCE) have joined forces to aid displaced Subic workers through entrepreneurship seminars.

SBMA administrator Armand Arreza and PCE founding trustee Ma. Jose Concepcion III signed a memorandum of understanding (MOU) last July 4, 2009 at the Manila Polo Club in Makati City indicating that displace workers will be given Go Negosyo seminars to prepare them to start their own business. Furthermore, the two-day comprehensive seminar, including books and hand-outs, which normally costs about P1,000.00 per participant, will be given for free.

In his interview with the press, Administrator Arreza said the program will initially benefit 200 former workers in the freeport who want to venture into small-to-medium-scale enterprises (SMEs), particularly those related to the tourism industry. Through the Go Negosyo program , he hopes that these workers can become employers and in turn, create more jobs.

Meanwhile, Mr. Concepcion ,who is also the chief executive officer of RFM Corp., said that SBMA made a good decision to encourage displaced workers to become entrepreneurs.

The Go Negosyo program is a flagship project of the PCE to prove that Filipinos can address poverty by engaging in entrepreneurship. According to the Go Negosyo website, PCE is a non-stock and non-profit organization that aims to make the Philippines a thriving entrepreneurial nation. In addition, PCE aims to instill among Filipinos a mindset of optimism and a culture of entrepreneurship, turning them into competitive entre- and intra-preneurs.

The MOU signing was witnessed by SBMA labor manager Severo Pastor Jr., SBMA public relations manager Armina Belleza Llamas, PCE executive director Ramon Lopez, and PCE programs development manager Myra Dorothy Lorredo. thanks its following sources:

Empeño, Henry, Business Mirror. SBMA sets ‘Go Negosyo’ seminars for displaced workers Posted July 7, 2009

Philippine News Agency. SBMA, PCE set 'Go Negosyo’ seminars for displaced Subic workers. (Posted July 6, 2009) Retrieved July 7, 2009 from
Re-posted by Positive News Media at

Central Luzon Desk. Subic program starts for displaced workers (Posted July 5, 2009) Retrieved July 7, 2009 from

Manila Bulletin. (Posted by Yahoo! News) Displaced workers to be entrepreneurs. (Posted July 4. 2009) Retrieved July 7, 2009 from

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