Dec

7

According to the latest IBM Global Locations Trend Annual Report, the Philippines is now the world leader in business support functions, besting India in categories such as shares services and business process outsourcing.

The 2010 IBM report highlights the Philippines as an attractive business environment for international business support functions however compared to India’s BPO hot spots, the costs of labor and services in the Philippines are more cost-effective.

In the same report, the Philippines only ranked 3rd to the United States and the United Kingdom as a top-ranking destination for investments from China and India-based companies by estimated job employment.

This clearly shows the Philippines’ dominance in business process outsourcing.

Dec

6

To encourage Filipino inventors to continue developing their technological products and research, the Department of Science and Technology (DOST) invites them to take advantage of available assistance programs.

The DOST’s Technology Application and Promotion Institute (TAPI) have programs that assist inventors, from the first stages of developing a concept to its commercialization.

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Dec

5

The Commission on Information and Communications Technology (CICT) will expand information and communication technology (ICT) access and services, particularly in rural areas of the Philippines through its community eCenters program that will be launched early 2011.

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Dec

4

Cebu, Philippines is beefing up on trade deals with its Asian neigbours right all across the other side to Europe.

Cebu is forming links and networks in Hawaii, the European Union and established modern, stronger economic bonds with its oldest trade partner, China.

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