The country’s umbrella group of information technology and business process management (IT-BPM) firms has named industry stalwart Celeste Ilagan as its first female president and chief executive officer (CEO). In a statement on Wednesday, Aug. 26, the IT and Business Process Association of the...
American businesses operating in the Philippines are pushing the government to implement key reforms to strengthen the overall business climate and encourage more investment in the country. In a position paper presented to government officials last week, the US-ASEAN Business Council (USABC) said...
Australian healthcare provider Kairos Care is looking at setting up information technology and business process outsourcing (IT-BPO) operations in the country to support its business, according to the Philippine Economic Zone Authority (PEZA). In a statement, the investment promotion agency said it...
Some of the country’s most influential business and civil society groups are calling for the institutionalization of a four-percent share of the country’s gross domestic product (GDP) as the minimum allocation for funding the education sector. In a joint statement last week, the groups said...
Fears that artificial intelligence (AI) could lead to massive job losses in the Philippines’ information technology and business process management (IT-BPM) industry may be overstated as the sector continues to grow despite the rapid adoption of the technology, the country’s chief economist...
The ASEAN Business Advisory Council Philippines has secured a partnership with conglomerate San Miguel Corp. to strengthen supply chain linkages and foster sustainable growth for micro, small, and medium enterprises in the region. ASEAN-BAC Chair Jose Ma. “Joey” Concepcion III signed a...
The Philippines risks falling behind the artificial intelligence (AI) boom as it benefits less from the surge in AI-related electronics exports while its massive business process outsourcing (BPO) industry faces growing exposure to automation, according to think tank Capital Economics. In a report...
Business names registered with the Department of Trade and Industry (DTI) rose by nearly nine percent in the seven months through July, driven largely by strong demand from new businesses in the wholesale and retail sector. Data from the DTI’s business name registration system (BRNS) showed that...
Nearly half of Philippine businesses remain dissatisfied with registration and closure procedures despite a law aimed at cutting red tape, as fragmented government systems, weak data sharing, and uneven digitalization continue to slow transactions, according to the Department of Economy, Planning,...
Top Line Business Development Corp. posted a 61.6 percent surge in first-half net income as aggressive retail station expansion and commercial trading gains boosted operations. In a disclosure to the Philippine Stock Exchange on Friday, Aug. 7, Top Line said net income reached ₱123.21 million for...
Artificial intelligence (AI) could help developing economies such as the Philippines accelerate development, raise productivity, and create new opportunities, but the country must move quickly to adapt as one of its largest industries—the business process outsourcing (BPO) sector—faces mounting...
Industry leaders on Monday, Aug. 3, called on the administration of President Marcos Jr. to pursue education policies that will continue beyond a single presidency, saying inconsistent implementation has prevented the country from overcoming a learning crisis that has persisted for decades. The...
