Feb
12
WorldBank invests in Cebu city development
February 12, 2011 | 2 Comments
The World Bank (WB) funds two projects for Cebu City, Philippines that will support and complement the development of the city’s Bus Rapid Transit (BRT) system.
The WB-funded projects are a sustainable energy development program and the mobile vehicle probes demonstration for urban transport planning and management.
The WB only waits the official agreement with the City to start the two projects next month.
Feb
11
CanCham sets up office in Cebu
February 11, 2011 | Leave a Comment
The Canadian Chamber of Commerce of the Philippines (CanCham) sets up office in Cebu, to strengthen trade relations, investment and labor mobility between Canada and Cebu.
The chamber is a non-profit organization established in 1989 whose mission is to “represent, support, and promote Canada-Philippines business interests.” It provides information, expert briefings on trade and investments issues and networking events for its members and the public.
The CanCham local chapter in Cebu will expand commercial relations between Canadian and Cebu-based businesses and investors. Its CanCham’s conviction that there is a great potential for growth in two-way trade and investment between the two countries.
Feb
10
Taking the Outsourcing Relationship to the Next Level
February 10, 2011 | Leave a Comment
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To reduce overhead and boost productivity for minimal cost, companies can save millions by outsourcing. In order for businesses to achieve this, perspectives and strategies of outsourcing should change, from a pure client and supplier relationship to a much deeper partnership.
Feb
8
The Philippines is IBM’s Top Destination for Business Support
February 8, 2011 | Leave a Comment
“For business support functions (such as shared services and business process outsourcing) the Philippines has taken over the lead in the global ranking from India, after having challenged the top position for several years.
This is the first time that India is not in the leading position for these activities. The Philippines offers a similarly attractive business environment for international business support functions as India, but has not had the same labor cost increases as have occurred in various Indian ‘hot spots’ in recent years.”
–pages 6 to 7, IBM Global Location Trends Annual Report, October 2010
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