Philippine Sports, Inc.

With the Philippines being cash-strapped as it is, sports needs its patrons and supporters to chip in as most of the time, the government has other priorities that needs its funds more (which is why we need to right people to run our government, especially in those where money is involved).

Good thing there are people who do back the sport. As you can see, Pharma-Rex (the pharmaceutical company behind Cortal SQR) is the latest to provide financial support, as they held a press conference last Wednesday to formally announce their financial contribution to the sport. Most of media emphasized the addition of a couple of German-based players with Filipino descent, but the infusion of cash will definitely help in the development of the sport, especially since they helped with the Homeless World Cup team who will be in competition next week.

Probably the ones best known for assisting with sports has been Manny V. Pangilinan and his conglomerate. Most well known for being the chief force behind SMART-Gilas in basketball, MVP specifically set up his MVP Sports Foundation and SMART Sports for this.

Of course, with all the brouhaha involving our Dragon Boat team and their quest to defend their glory, Filipino-Chinese Tycoon Lucio Tan chipped in with his energy drink and his air carrier.

 

It sure feels like part and parcel of local sports needs corporate assistance. It's good that these kind-hearted souls see the value of doing their share in uplifting the name of the Filipino.