Connect with us

Business and Economy

Concepcion urges big bizmen to help peers

Published

on

(Photo: Joey Concepcion/Facebook)

FILE: Joey Concepcion, Presidential Adviser on Entrepreneurship (Photo: Joey Concepcion/Facebook)

MANILA — The chair of the ASEAN Business Advisory Council (ABAC) urged businessmen to help other players, who are in need, in line with the Council’s flagship program called ASEAN Mentorship for Entrepreneurs Network (AMEN).

In his opening message for the three-day Summit that started Sunday, Presidential Adviser on Entrepreneurship Joey Concepcion said inclusive business means helping small businessmen achieve their goals of being successful in their fields.

Under the AMEN program, experts from three sectors — entrepreneurs, the business practitioners, and academicians — will be tapped to help micro and small businessmen on how to successfully grow their business.

Concepcion said the mentors will come from each of the 10-country members of the Association of Southeast Asian Nation (ASEAN) and will share their expertise to businessmen from whichever countries are needing it.

“That is part of the neighborhood. That is how we help. Nobody is left behind,” he said.

Concepcion said ABAC has adopted the 3M framework that focuses on mentoring, money and market.

He said mentoring is the first key to help small businessmen hit their goals.

“Without mentorship the money (and) the market won’t work,” he said.

“So I’m calling on all our businessmen here, our entrepreneurs. It must come from the heart to help many of those who need it in life. The ASEAN BAC will continue to pursue these efforts in really helping many of those out there,” he said.

Concepcion, in a briefing earlier the day, said about 99.6 percent of businesses in the Philippines are accounted for by micro and small enterprises.

Amid the size of small businesses’ share on the country’s business sector, their contribution to the domestic output is only about one-third of the total.

Thus, the government has taken steps to boost the sector and make them more competitive globally.

Concepcion, president of listed food and beverage company RFM Corporation, said the Duterte government is following the lead of China for the latter’s One belt, One road program, which, he said, is a good way to move more people and goods faster.

He said the current administration is focused on putting the necessary infrastructure to ensure logistics and digital connectivity of the people.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle1 week ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...