23/09/2026
Global Peace Foundation Philippines, ASEAN-BAC, and SM Cares Forge Partnership for ASEAN Youth Entrepreneurship Summit
PASAY CITY, Philippines — September 18, 2026 — Global Peace Foundation Philippines (GPF Philippines), the ASEAN Business Advisory Council (ASEAN-BAC), and SM Cares formalized their partnership through a Memorandum of Understanding (MOU) signing held in Pasay City on September 18, 2026, in preparation for the upcoming ASEAN Youth Entrepreneurship Summit on October 12, 2026, at the SM Mall of Asia Arena.
Representing the three organizations at the MOU signing were Leonard Faustino, Executive Director of Global Peace Foundation Philippines; Royston Cabunag, Program Director for Children and Youth of SM Cares; and Joey Concepcion, Chair of the ASEAN Business Advisory Council.
The partnership brings together three organizations committed to creating meaningful opportunities for young people to develop their leadership, entrepreneurial, and social impact potential. Through the MOU, GPF Philippines, ASEAN-BAC, and SM Cares will collaborate to promote youth entrepreneurship, leadership development, innovation, and meaningful engagement among young people across the ASEAN region.
The upcoming ASEAN Youth Entrepreneurship Summit will provide a platform for young entrepreneurs, aspiring business leaders, students, and youth advocates to connect with business leaders, innovators, and fellow changemakers. The summit will encourage participants to exchange ideas, explore opportunities, and gain insights that can help them develop initiatives and enterprises that contribute to inclusive and sustainable development.
For GPF Philippines, the partnership builds on its continuing commitment to empowering young people to become moral and innovative leaders who contribute to peacebuilding and community development. By connecting entrepreneurship with values-based leadership, the organization aims to encourage young people to pursue opportunities that create positive impact not only for themselves, but also for their families and communities.
The collaboration with ASEAN-BAC also creates opportunities for Filipino youth to engage with the broader ASEAN business community and gain a deeper understanding of the region’s evolving economic landscape, opportunities, and challenges.
SM Cares’ participation further strengthens the partnership’s focus on creating platforms where young people can learn, connect, and participate in initiatives that contribute to stronger communities and a more inclusive future.
The ASEAN Youth Entrepreneurship Summit, scheduled for October 12 at the SM Mall of Asia Arena, is expected to bring together young people from different sectors and backgrounds for a day of learning, networking, entrepreneurship, and collaboration.
The September 18 MOU signing marks an important milestone toward the summit and reflects the shared commitment of GPF Philippines, ASEAN-BAC, and SM Cares to empower the next generation of ASEAN entrepreneurs and leaders through collaboration, innovation, and values-driven leadership.
Global Peace Foundation