Jun

16

The province embarks on a social marketing program to help announce that Cebu, Philippines is open to global business and trade.

Research, Education and Institutional Development Foundation Inc. (REID) reports that while the country has established a social marketing program composed of officials from the Department of Tourism, Department of Transportation and Communications and airport authorities to market the country, Cebu can embark on its own promotional campaign.

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Jun

14

The information technology-business process outsourcing (IT-BPO) industry expands at a phenomenal pace.

According to the Business Processing Association of the Philippines (BPAP), even if the sunshine industry contributes to the economy in a significant way, the communication and technical skill set of Filipinos with the potential to join the growing IT-BPO sector has to be improved.

The current mismatch between what is being taught in schools and what the industry is looking for hinders Philippines from realizing its true potential as a leader in the offshore sector. There is a need to adjust to the rapid growth that the IT-BPO industry is posting. It all starts with quality education.

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Jun

13

Creative industries have their origin in individual creativity, skill and talent and that have a potential for wealth and job creation through the generation and exploitation of intellectual property. Creative industries encompass major segments including: artisanal products; visual arts; performing arts; cinema and audiovisual media; literature, books and publishing; and others.

The UNCTAD/UNDP classification of creative industries is divided into four broad groups: HERITAGE, ARTS, MEDIA, AND FUNCTIONAL CREATIONS, including creative services such as architectural, advertising, cultural and recreational, creative research and development (R&D), digital and other related creative services.

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Jun

11

Risk is always present in business. Any business ventures carry both a significant amount and diversity of risks. In many businesses and companies however, risk management is taken for granted. There is also a lack of understanding on what constitutes risk management.

In most cases, risk management is thought to be limited to just liability insurance. In reality, risk management can encompass a much broader business scope.

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