The ASTI Employees Producers Cooperative (ASTI Cooperative or ASTI Coop) is organized to engage in the manufacture and/or production of Information and Communications Technology (ICT) and Electronics-based products.
It aims to do so by leveraging the strength and quality of its membership.
The ASTI Cooperative seeks to improve the quality of life of its members by:
- To attain increased income, savings, investments, productivity, and purchasing power, and promote among themselves equitable distribution of net surplus through maximum utilization of economies of scale, cost-sharing and risk-sharing;
- To provide optimum social and economic benefits to its members;
- To teach members efficient ways of doing things in a cooperative manner;
- To propagate cooperative practices and new ideas in business and management;
- To allow the lower income and less privileged groups to increase their ownership in the wealth of the nation;
- To actively support the government, other cooperatives and people oriented organizations, both local and foreign, in promoting cooperatives as a practical means towards sustainable socio-economic development under a truly just and democratic society;
- To institutionalize a dynamic savings mobilization and capital build-up schemes to sustain its developmental activities and long-term investments, thereby ensuring optimum economic benefits to the members, their families and the general public;
- To implement policy guidelines that will ensure transparency, equitable access to its resources and services, and promote the interests of the members; and
- To adopt such other plans as may help foster the welfare of the members, their families and the community.