(L-R) SM Supermalls’ President Steven Tan, SM Prime Holdings Chairman of the Executive Committee Hans Sy, Department of Trade and Industry (DTI) Secretary Alfredo Pascual, and DTI-Assistant Secretary Grace Bal
SM Prime Holdings (SM Prime) joined forces with the Department of Trade and Industry (DTI) by signing a Memorandum of Understanding (MOU) on July 1 at the SM Prime Headquarters. The MOU aims to strengthen the resilience of Small and Medium-Sized Enterprises (SMEs) through Business Continuity Planning (BCP). By equipping mall tenant SMEs with the necessary tools to navigate disruptions, the initiative fosters a culture of preparedness within the business community
(L-R, front): SM Supermalls’ President Steven Tan, SM Prime Holdings Chairman of the Executive Committee Hans Sy, Department of Trade and Industry (DTI) Secretary Alfredo Pascual, and DTI-Assistant Secretary Grace Baluyan. They are joined by (L-R, back): PricewaterhouseCoopers (PwC) Chairman Emeritus Alexander Cabrera, Airspeed Chairperson Rosemarie Rafael, SM Supermalls’ Vice President for Corporate Compliance and ARISE Philippines Co-Chair Liza Silerio, DTI Undersecretary for Micro-, Small, and Medium Enterprises (MSME) Development Group Ma. Cristina Roque, United Nations (UN) ARISE Global Board Member Vice Admiral Alexander Pama, Unilever Philippines Head of Communications Atty. Joseph Fabul, DTI-Bureau of Market Development, Promotions, and One Town, One Product Philippines (OTOP) Director Marievic Bonoan, National Resilience Council Executive Director Silvestre Barrameda Jr., and University of the Philippines Institute for Small-Scale Industries (UP ISSI) University Extension Specialist Joanna Rose Laddaran
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The Philippines’ frequent natural disasters necessitate a proactive approach to building resilience, especially for SMEs. This public-private partnership equips SMEs with BCP and disaster preparedness training, aligning with the Philippine government’s commitment to sustainable development and disaster risk reduction. Undertaken in collaboration with ARISE-Philippines, this initiative aims to train 6,000 SMEs nationwide on BCP from 2024 to 2027, cultivating an agile mindset across the country’s SME sector.
SM Prime Holdings Chairman of the Executive Committee Hans Sy and Department of Trade and Industry (DTI) Secretary Alfredo Pascual discuss strategies for enhancing Small and Medium-Sized Enterprises (SME) resilience through Business Continuity Planning.
SM Prime and ARISE Philippines executives with Department of Trade and Industry (DTI) officials.
