May
22
Cebu City provides human resources for BPO
May 22, 2013 | Leave a Comment
Cebu City vows to be provide highly qualified manpower to the country’s business process outsourcing (BPO) industry at the height of shortage in talent confronting the industry.
The local government will improve its current pool of talents in the wake of recent assessment of the Business Processing Association of the Philippines (BPAP) that the supply of manpower cannot meet the growing industry. This shortage, according to BPAP, continues to increase at the rate of 20 percent even as the country has 500,000 college graduates annually.
May
19
Surge in Philippine Business Optimism
May 19, 2013 | 1 Comment
Auditing firm Grant Thornton International’s 2013 first-quarter International Business Report (IBR) reflects the surge in business optimism in the Philippines.
The Philippines with an optimism “balance” of 90%, ranked world’s 2nd in the list of most optimistic business leaders – up from 4th most optimistic in 2012 first-quarter survey.
May
17
Cebu: Next Wave City for BPO Expansion
May 17, 2013 | Leave a Comment
Cebu City is promoted for expansion of business process outsourcing (BPO) firms, as a next wave city in the Philippines.
BPO is one of the high growth potentials for Central Visayas including Cebu, along with agribusiness, tourism, infrastructure and food processing.
Apr
1
JPMorgan to transfer more operations to Philippines
April 1, 2013 | 2 Comments
The largest US-based financial holding firm by assets, JPMorgan Chase & Co., will likely transfer more business support functions to its global in-house center (GIC) in Manila, Philippines.
JPMorgan Chase Bank, N.A.–Philippine Global Center has emerged as Manila’s largest GIC of a global corporation. Established in 2005, the center generated almost P10 billion in revenues in 2011, and has a staff of more than 10,000 at The Net Plaza in Taguig City and at The Asiatown IT Park in Cebu City.
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