Mainstreaming Inclusive Business in Government Policies. Leaders from international agencies and policy makers emphasized the government’s key role in recognizing and facilitating Inclusive Business (IB) investments in the country.
The Department of Trade & Industry (DTI) and the Board of Investments (BOI) recently organized the Trade and Industry Talks (TID Talks) forum on Mainstreaming Inclusive Business in Government Policies (Makati Diamond Residences, 16 February 2016). DTI Undersecretary for Industry Development and BOI Managing Head Dr. Ceferino S. Rodolfo (fourth from right) said, “By engaging companies and government agencies to adopt the IB framework, we put in place long term solutions to generate meaningful and decent jobs and achieve inclusive growth.” Forum participants from the private sector, government agencies, and international organizations discussed how government can create an enabling environment for IB and to accelerate the adoption of IB models in government policies.
IBs are innovative models where companies engage the poor and low-income communities as partners, customers, suppliers, and employees in their supply chains. In the IB framework, the integration of marginalized communities into global value chains improves quality of lives and makes for better business.
Photo shows: Undersecretary Rodolfo with DTI Undersecretary for Regional Operations, Zenaida Maglaya (fifth from right) and DTI Undersecretary for Industry Promotion, Nora Terrado. With them were (from left to right) DTI Assistant Secretary Felicitas Reyes; Assistant Secretary for Industry Development Group Rafaelita Aldaba; Director, Development Impact, International Finance Corporation (IFC), The World Bank Group, Toshiya Masuoka; Global Head, Inclusive Business, International Finance Corporation (IFC), The World Bank Group, Eriko Ishikawa; Team Manager, Private Sector and Foundations, Business Call to Action, United Nations Development Programme Marcos Neto; Director, Founding Partner, ASEI, Inc. Markus Dietrich; Mr. Roehlano Briones, Senior Research Fellow, Philippine Institute for Development Studies.