CEBU CITY – Despite numerous challenges, the country’s contact center sector, along with the entire information technology and business process management (IT-BPM) industry, is poised to hit the ambitious $49-billion annual revenue goal by 2028. Haidee Enriquez, president of the Contact Center...
The country’s leading business executives are urging the government to allocate more funds for nutrition-sensitive programs in the country’s national budget, following the recent enactment of a law improving the quality of early childhood education and care in the country. The Management...
Economic managers vowed to ramp up their efforts and reaffirm their commitment to improved performance, even prompting President Marcos’ chief economic manager to also recalibrate the Department of Finance (DOF). This came after President Ferdinand Marcos Jr. decided to retain them, along with...
Oasis Management Company Ltd, a Hong Kong-based “activist” investment fund, reported that it has so far acquired a 5.76 percent stake in Lucio Tan-led and Philippine Airlines owner PAL Holdings Inc. In a disclosure to the Philippine Stock Exchange, Oasis Management said it bought the shares...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally. This came after the...
Senator Alan Peter Cayetano on Friday, May 23 lauded the signing into law of the PHIVOLCS Modernization Act of 2025 or Republic Act No. 12180 saying the newly-enacted law will help the Philippines strengthen its disaster risk management programs. “By modernizing PHIVOLCS, we are making a bold...
Motorists may feel some ease in their pockets next week, as oil prices are likely to get rollbacks Based on the four-day Mean of Platts Singapore (MOPS) trading, diesel prices may either retain their current price or decline by ₱0.30 per liter. Gasoline, on the other hand, has uncertain price...
Senator Loren Legarda has called on Filipinos to challenge the status quo in disaster risk reduction as the negative effects of climate change and disasters continue to threaten human existence. Legarda, pointed this out during her keynote address at the Asian Institute of Management (AIM) on...
Budget Secretary Amenah F. Pangandaman has approved the creation of 10,000 non-teaching positions to strengthen the education workforce and support the growing operational needs of public schools across the country. Pangandaman confirmed in a statement released Thursday, May 22, that the agency...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
As government agencies aggressively push for numerous projects and programs, the Department of Budget and Management (DBM) reported on Monday, May 19, that budget proposals for next year have ballooned to ₱11 trillion, surpassing this year’s ₱9.2 trillion worth of funding requests. Many...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the creation of 16,000 new teaching positions in public schools for 2025 to 2026, with a total budget of ₱4.2 billion, to strengthen the education sector and ensure sufficient manpower. The 16,000 new teaching...
