Gift Giving on Chinese New Year 2011

President Benigno S. Aquino III received P10-million worth of pledge of commitment from a Chinese-Filipino conglomerate which will fund a gift-giving activity in line with the celebration of the Chinese New Year in February this year.

In a simple turnover ceremony on Tuesday at the Music Room of Malacañang, the President received from Metrobank Group Chairman Dr. George S. K. Ty the donation from the Metrobank Group through its social responsibility arm, Metrobank Foundation Inc. in the form of a pledge.

Dubbed as “Bags of Blessings,” the gift-giving project will be spearheaded by Metrobank Group in cooperation with the Department of Social Welfare and Development (DSWD) where bags of goods will be distributed to the chosen 10,000 marginalized families. The recipients include victims of the recent calamities causing floods and landslides in the Bicol Region, Eastern Visayas and some provinces in Mindanao.

The actual week-long distribution of “Bags of Blessings” will take place on Feb. 4 until Feb. 10.

Various branches of Metrobank together with the DSWD will disseminate the food packs to the underprivileged families and victims of floods and landslides in Luzon, Visayas, Minadanao and the National Capital Region (NCR).

Also present during the turnover rites were DSWD Secretary Corazon “Dinky” Soliman, Federation of Filipino Chinese Chambers of Commerce and Industry president Alfonso Uy, Metrobank Chairman Dr. Antonio Abacan Jr., Metrobank President Arthur Uy, Metrobank Foundation president Aniceto Sobrepeña, Metrobank Foundation and Federaland president Alfred Ty. (PNA)

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