Government agencies in the Philippines, including the Philippine Economic Zone Authority (PEZA), Department of Information and Communications Technology (DICT), and Department of Trade and Industry (DTI), have reaffirmed their full support for the Information Technology-Business Process Management (IT-BPM) Roadmap.
Peza has said it will support the industry through tax incentives while DTI will continue to promote […]
Philippine property developer Arthaland, which plans to build the largest business process outsourcing (BPO) facility in the Visayas, has listed P2bn in preferred shares in a follow-on offering. Arthaland’s treasurer Leonard Po said the new shares will be used to fund the company’s expansion.
Po said the new shares further give investors an option to diversify […]
The investment banking arm of the Metrobank group said that the Philippine economy could grow as much as 8% this year and beyond. The growth will be achieved, despite some global and local risks, because of the country’s sound economic fundamentals.
The growth will be driven by higher capital investments, strong consumer expenditure, stable remittances from […]
Cebu Chamber of Commerce and Industry (CCCI) President Melanie Ng said the business process outsourcing (BPO) and agriculture sectors will be promising sectors for this year. However, Ng said the ease of doing business needs to be improved to make it easy for investors to operate in the country.
To further attract investors in Cebu, Ng […]
Cebu wants to draw in high-value investments in the Information Technology and Business Process Management / Outsourcing (IT-BPO) industry this year. To achieve that, Cebu has to intensify its capacity to build manpower in 2017, according to Cebu Educational Development for Information Technology Inc (Cedfit) managing director Wilfredo Sa-a Jr.
The focus this year will be […]
Leaders of Cebu’s business community are upbeat about the local economy in 2017 despite global headwinds and the uncertainties of the policies of the new US administration. A local business process outsourcing (BPO) authority discussed the prospect of more jobs while officials of different chambers of commerce spoke of thriving micro, small and medium enterprises.
The National Economic Development Authority (Neda) said Cebu’s business process outsourcing (BPO) sector was expected to generate additional 20,000 new jobs this year. That would mean Cebu will have at least 140,000 BPO workers. Neda 7 director Efren Carreon said BPO continues to be one of Cebu’s key drivers and is expected to continue to […]
The rapid expansion of exponential data is likely to drive the global data analytics outsourcing market to reach over USD6bn by 2023. According to a report released by Global Market Insights, about 30% of the global data analytics outsourcing market will be taken up by the banking, financial services, and insurance (BFSI) sector, as more […]
Cebu’s retail sector is forecast to continue experiencing growth in 2017, thanks to Metro Cebu’s booming business process outsourcing (BPO) sector. Philippine Retailers’ Association (PRA) Cebu president Robert Go said remittances from overseas Filipinos and the revenues, as well as jobs, generated in the BPO sector are primarily boosting consumer spending in Cebu.
Household final consumption […]
Cagayan de Oro City, one of the ‘Next Wave Cities’ will be hosting the 9th staging of the National ICT Summit next year. On the agenda for the 9th ICT Summit will be implementing programs in the countryside in close coordination with the new Department of Information & Communication Technology (DICT).
According to Stephanie Caragos, Cagayan […]