BPO industry continues to grow
The business process outsourcing (BPO) industry in the Philippines continues to grow. In fact, the growth of the BPO sector is said to be unstoppable as it is expected to accelerate in the first half, with many companies committing to expand faster that expected.
In the report from Inquirer, executive director of the Business Process Association of Philippines (BPAP) Gillian Joyce Virata said the BPO industry’s recovery from the economic slump would be “very steep” in the first semester, as existing players scramble to expand their workforce.
Read the rest of this post »
March 15, 2010
Tags: BPAP, BPO, business news, business process outsourcing, Call Center, employement, jobs, outsourcing, Philippines Posted in: BPO, Call Centers, Career, Corporations, Employment, Job Opportunities, Philippine business news, Philippines, economy, investments 
No Comments
Peso to reach P44 to $1
Prakriti Sofat, an economist from leading global investment house Barclays Capital said the peso could reach 44 to the dollar level by the end of the year because of recovery in exports and the steady inflows of remittances.
In the report from Philippine Star, Sofat said the outlook for Philippine exports remains positive given the strong turnaround in the global electronics cycle.
Lead indicators such as the US manufacturing survey and semi-conductor book-to-bill ratio, according to Sofat, remain supporting to growth. She also noted that movements in the region remain favorable, with both Korea and Taiwan seeing strong exports prints in February and China remaining in expansionary territory.
Read the rest of this post »
March 14, 2010
Tags: dollar, economy, export, Foreign exchange, forex, Peso, Philippines, remittances Posted in: Consumers, Foreign exchange, Government, Philippine business news, banking, entrepreneur, finance, investments, money No Comments
StarTek hiring more call center agents
Because of the continuous growth of the business process outsourcing (BPO) industry in the Philippines, BPO firm StarTek Inc. plans to hire 1,000 people as it aims to fill up seats at its facility in Ortigas area which has a 2,100-seat capacity.
Rod Spires, who was appointed to lead the operations at the new site of StarTek located at the Eton Cyberpod Corinthian business center, said it will be operational by the third quarter. It is just across the Robinsons Galleria mall.
Read the rest of this post »
March 9, 2010
Tags: BPO, business news, Call Center, Employment, hiring, Job Opportunities, jobs, Philippines, StarTek Posted in: Announcement, BPO, Career, Employment, Job Opportunities, Labor, Opportunities, Philippine business news, Philippines No Comments
Seminar on meat and fish processing
Looking for new skills that you can turn into a business? Here’s an interesting seminar on meat and fish processing.
A one-day seminar on meat and fish processing will be conducted by the Golden Treasure Skills Development Program. It will be held at the PTTC, Department of Trade and Industry Bldg. (DTI) Roxas Blvd., cor. Sen Gil Puyat Ave on March 13, 2010 from 10 a.m. to 6 p.m.
Among the topics to be discussed during the seminar are: sourcing of materials and costing.
Read the rest of this post »
March 8, 2010
Tags: Business, business opportunity, entrepreneurship, entreprneur, fish processing, food, meat processing, Philippines, seminar, training Posted in: Philippine business news No Comments
Ayala Land to open new BPO facility in Iloilo
Iloilo City is one of the city identified as the Next Wave Cities (NWC) for business process outsourcing (BPO) firms by the Business Processing Association of the Philippines (BPAP) because of its attractive power, telecommunications, commercial, sea and airport infrastructure and it offers one of the lowest rental, power and average base pay rates in the country.
Taking the cue from the BPAP, Ayala Land, Inc. signed a 35-year lease agreement with the Pison Group. This agreement would see Ayala to develop a two-hectare property located at Riverside Boardwalk in Smallville, Barangay San Rafael, Mandurriao, Iloilo City.
The investment of Ayala in Iloilo City would see the rise of three BPO facilities with a total of 19,000 square meters of gross leasable area (GLA).
Read the rest of this post »
March 8, 2010
Posted in: Announcement, BPO, Call Centers, Career, Employment, Job Opportunities, Opportunities, Philippine business news, Philippines, economy, finance, investments No Comments
Declare bets’ bank accounts
Now, here’s a good suggestion. Presidential aspirant Gilberto “Gibo” Teodoro Jr. wanted bets bank accounts bared.
The Lakas-Kampi-CMD standard-bearer said that the bank secrecy law should be lifted or at least be reviewed to help unmask the financial activities of politicians who are suspected to have links to the illegal drug trade.
Gibo was reacting to the report of the US State Department that some candidates in the coming national elections are receiving funding from drug syndicates. “That situation is very dangerous as drug syndicates can easily help a candidate win through their money,” he said.
Read the rest of this post »
March 6, 2010
Tags: bank secrecy law, banking law, finance, Philippines, RA 1405, Republic Act 1405 Posted in: Announcement, Government, Law, Philippine banks, Philippine business news, Philippines, banking, economy, finance, money No Comments
Peso continues to appreciate
At the closing of the week’s trade this Friday, Peso inches up further as it closed at 46.05 against the US dollar, which is stronger than Thursday closing which is 46.09.
The peso continued to appreciate as favorable investor sentiment boosted appetite for currencies of emerging Asian economies. Volume of Friday’s trade went up to $73.1 million from only $611.44 million on Thursday.
Read the rest of this post »
March 5, 2010
Posted in: Foreign exchange, Government, Philippine banks, Philippine business news, Philippines, banking, economy, finance, money No Comments
Franchising seminar
Planning of getting a franchise for a business? Here’s an opportunity for you to learn the ropes on how to get a franchise here in the Philippines.
There is a scheduled franchise seminar to be held tomorrow, March 7, 2010 at the Mang Inasal, Makati Ave. corner Jupiter Street in Makati. The seminar will start at 2 p.m. until 6 p.m.
The Franchise Institute of the Philippines (FIP) will be the one conducting the seminar and it will be held under the auspices of GMB Franchise Developers, Inc. The theme of the seminar will be “Approach Franchising With Confidence.”
Read the rest of this post »
March 4, 2010
Tags: AFFI, business news, business opportunity, economy, entrepreneur, entrepreneurship, FIP, franchise seminar, franchising, Philippines Posted in: Announcement, Education, Opportunities, People, Philippine business news, Philippines, Products, business opportunity, economy, entrepreneur, entrepreneurship, franchise, marketing, money, promotions No Comments
Pag-IBIG’s P12-billion bond offering
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG, will be having a P12-billion bond offering starting next month.
In an investors’ meeting held recently were the bonds were launched, HDMF chief executive officer Jaime Fabiaña said the proceeds of the bonds would be used to refinance in maturing P7 billion loan in May, and the rest would be used to add up to their funds.
“The bonds are tax free and enjoy the full and unconditional guarantee of the government through the Home Guaranty Corp.,” said Fabiaña who noted that the bonds have enough sweeteners to attract investors.
Read the rest of this post »
February 24, 2010
Posted in: Announcement, Government, Opportunities, Philippine banks, Philippine business news, Philippines, Products, banking, economy, finance, investments, money No Comments
Five banks signed trade finance agreement with ADB
The Asian Development Bank is making funds available to Philippine traders via its $1-billion regional facility. To help traders get access to this fund, the ADB signed a trade finance agreement with five banks – Development Bank of the Philippines, Metropolitan Bank and Trust Co., Philippine National Bank, Rizal Commercial Banking Corp. and Allied Banking Corp.
The country’s first trade finance agreements was created to provide support to Philippine companies engaged in international trade. The title of the credit facility is ADB’s Trade Finance Facilitation Program (TFFP). Read the rest of this post »
February 23, 2010
Tags: ADB, bank, banking, finance, funds, money, Philippine Posted in: Announcement, Corporations, Loans, Opportunities, Philippine banks, Philippine business news, Philippines, banking, economy, finance, money No Comments
