SMC donates P1-B to gov’t for drug rehab centers | PDI

SMC donates P1-B to gov’t for drug rehab centers

MANILA — It donated a total of P1 billion to typhoon relief efforts in recent years, making it the single biggest donor in Philippine business history, but today, San Miguel Corp. is broadening the scope of its corporate social responsibility program to be in tune with times. The diversified conglomerate announced on Thursday that it would match its earlier record and donate a total of P1 billion to the government for the building of rehabilitation facilities as part of President Duterte’s campaign against illegal drugs. “Peace and order is key to our country’s progress and development,” SMC president and COO Ramon S. Ang said in a statement. “More significantly, our human capital is key. By supporting government in this endeavor, we are helping create an environment that will enable various sectors of our society to participate in and contribute to our country’s growth.” The exact disposition of the funds from the 125-year old firm will be determined by “concerned agencies of government,” the firm said.


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