1st Asian cooperative summit set in Cebu

originally posted @ http://www.mb.com.ph/node/201086
By PHOEBE JEN INDINO
May 18, 2009, 6:19pm
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MANDAUE CITY, Cebu – The National Cooperative Development Council (NCDC) in collaboration with the Department of Finance (DoF) will host the 1st Asian Cooperative Team-shop here to learn the best management practices among cooperatives in Asia and the rest of the world.

NCDC chairman Arthur Aller said the 1st Asian cooperative team-shop is expected to gather 5,000 to 6,000 coop representatives from Asia, Europe and Canada.

"Through this undertaking, the coops here will learn the best management practices of successful cooperatives coming from other nations," he said.

Aller said that aside from learning how to operate successful cooperatives, different issues of concern are also expected to be discussed during the summit from November 18 to 20 at the Cebu International Convention Center in this city.

He added that during the activity, cooperatives will also discuss precautionary measures on how to deal with the current global financial crisis.

The 1st Asian cooperative summit was officially launched last Saturday at the Mandaue City sports center which was personally attended by Finance Secretary Gary Teves, Cebu Vice Governor Greg Sanchez, and other local government officials headed by Mayor Jonas Cortes.