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Employment News

SBMA To Give Laid Off Workers New Career in Business

Date Posted: Jul 6, 2009

Subic Bay Metropolitan Authority (SBMA) and the Philippine Center for Entrepreneurship (PCE) offered support to displaced workers of the Subic Bay Freeport in Zambales by giving them their own businesses.


The program would initially benefit 200 former workers in the Freeport who want to venture into small business enterprises, particularly those related to the tourism industry, SBMA Administrator Armand Arreza says in a statement.


A memorandum of understanding between the SBMA and PCE officials was signed where is entails that displaced workers woyld be asked to attend a “Go Negosyo” seminar that would help them with theior business ventures.


“These displaced workers will become employers and create more jobs,” Arreza says.


The SBMA’s move to make businessmen out pf displaced workers is a “step in the right decisions”, says PCE founding trustee and president and chief executive officer of REM Corporation, Jose Ma. Concepcion III.


“Small enterprises make our economy stronger," Concepcion added.


Arreza and Concepcion are very optimistic on their new program. They believed that the training will be beneficial to motivate Filipinos “to think business, become working entrepreneurs and create jobs.”

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