August, 2013

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P1 billion data network service expansion program set to further boost PH BPO industry

SourceFit

Philippine Long Distance Telephone Co. (PLDT), the Philippines’ biggest telecommunications company, said recently that it has finished a P1 billion data network service expansion initiative that would help the continued growth of the country’s business process outsourcing (BPO) industry. PLDT announced that it tapped Cisco to upgrade its core network, to make it more secure, resilient, and future-proof.

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PH can handle financial market volatility say global credit watchers S&P and Fitch

SourceFit

The Philippine economy can manage the recent volatility of the financial market thanks to its strong fundamentals – buoyed by remittances and earnings from exports and business process outsourcing (BPO) firms – according to global credit watchers Standard & Poor’s (S&P) Ratings Services and Fitch Ratings. . According to the two financial service companies, the Philippines will not only remain afloat despite the sentiment-led market turbulence, its credit rating will rem

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PH IT and outsourcing industry posts 19% growth

SourceFit

The Philippines’ information technology and business management (IT-BPM) sector posted 19% growth and generated more than 137,000 jobs in 2012 according to Information Technology and Business Process Association of the Philippines (IBPAP) president and CEO Jomari Mercado. . The IBPAP exec added that the sector is on track to hitting the US$25 billion revenue and 1.3 million employment targets by 2016.

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PH BPO sector surpasses target revenue

SourceFit

The Philippines’ information technology-business process outsourcing (IT-BPO) sector exceeded its revenue target for 2012 according to the Information Technology and Business Process Association of the Philippines (IBPAP). In an interview with InterAksyon.com, IBPAP president Jose Mari P. Mercado cited preliminary data which showed that IT-BPO firms in the Philippines reached combined revenues of $13.4 billion in 2012.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.