Chevron companies in the Philippines donated P735,000 to the American Chamber Foundation Philippines, Inc. (AMCHAM Foundation) to support jobless Filipinos affected by the economic disruption resulting from the COVID-19 pandemic.
Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, together with Chevron Holdings Inc. (CHI), its shared service center, responded to AMCHAM Foundation’s call for donation as they continue relief efforts for displaced families and individuals who lost their jobs. CPI donated P500,000 and CHI extended $5,000 (about P235,000).
“While we have seen progress in the COVID-19 situation in the Philippines, many of our fellow Filipinos are still struggling to sustain their livelihood. CPI is hoping that through our donation to AMCHAM Foundation, we will be able to reach out to unemployed and underemployed Filipinos,” CPI Country Chairman Billy Liu shared.
CHI General Manager Ethan Flowers added, “We at Chevron remain committed to pushing for human progress in whatever circumstance. We have witnessed the profound impact this pandemic had on many Filipinos and their livelihood. We are demonstrating that commitment through the help we extended to our long-time partner AMCHAM Foundation.”
The Philippines’ economy remains fragile as the World Bank recently dropped the country’s growth outlook from 9.6 percent in 2020 to 4.7 percent in June 2021.[i] In April 2021, more than 4.44 million Filipinos were also recorded jobless, catapulting the country’s unemployment rate to 8.7 percent.[ii]
“We are thankful that Chevron remains a trusted partner in AMCHAM Foundation initiatives. We are appealing to companies and individuals alike to support our program and help more Filipinos in need,” said AMCHAM Foundation President Ed Feist.
For those who wish to donate to the AMCHAM Foundation in cash or check, below are their bank details:
Account name: American Chamber Foundation Philippines, Inc.
Bank: Bank of the Philippine Islands, Greenbelt Branch
Account number: Current Account No. 0041-0307-47
Office address: 16 Floor, Sagittarius Condominium, 111 H.V. Dela Costa Street, Salcedo Village, Makati City
For additional inquiries or in-kind donations, please reach out to Candy Gabriel at candy@amchamphilippines.com or 0917-860-7151.
[i] Philippines: Ramping Up Vaccination, Improving Pandemic Response Can Strengthen Recovery
[ii] Unemployment Rate in April 2021 is Estimated at 8.7 percent