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Dissecting Data: Cracks in PH economy

ABS-CBN News
Posted at Jul 19 06:40 PM

The economy slowed down for 2 straight years due to weaker consumption and a slowdown in remittances and the business process outsourcing sector, among others. Read more »

More than 18M jobs will be affected by new technologies: DTI

Pia Gutierrez, ABS-CBN News
Posted at Jul 17 08:14 PM

 Filipinos could lose more than 18 million jobs in the next 5 to 6 years to automation, the Department of Trade and Industry warned Wednesday. Read more »

A.I. tech will hurt domestic call-center industry, says DTI official

ABS-CBN News
Posted at Jul 17 07:43 PM

A trade and industry official said more than 1,000 call-center workers could be affected and relieved from their jobs. Read more »

OPINION: Washington SyCip - 'The Grand Old Man of Philippine Business'

Karim Raslan - Ceritalah ASEAN
Posted at Jul 02 04:47 AM

For well over half a century, Washington SyCip, a sprightly, nonagenarian professional (who passed away in 2017) was the key to the Philippines. Read more »

'Performance-based, time-bound' tax breaks to stay, says trade chief

ABS-CBN News
Posted at Jul 01 11:19 AM

The proposed reduction in the corporate income tax rate to 20 percent from 30 percent will be a "big come-on" for potential investors, Lopez said. Read more »

Philippines can be 'major player' in AI jobs, says trade chief

ABS-CBN News
Posted at Jul 01 11:05 AM

Of the 700,000 new graduates in the Philippines every year, roughly 75,000 are in the STEM or science, technology and mathematics fields, said Trade and Industry Secretary Ramon Lopez. Read more »

Moratorium on ecozones in Metro Manila may hurt PH competitiveness: IBPAP

Jessica Fenol, ABS-CBN News
Updated as of Jun 28 11:58 AM

Under President Rodrigo Duterte's Administrative Order No. 18, the Philippine Economic Zone Authority (PEZA) was ordered not to “accept, process or evaluate applications for the establishment of ecozones in Metro Manila.” Read more »

BPOs show no signs of slowdown, Megaworld says

ABS-CBN News
Posted at Jun 17 02:17 PM

In 2018, Megaworld sealed one of the "largest" real estate deals in the country for a 25-storey tower for JPMorgan Chase Bank’s global service center in Taguig, chief strategy officer Kevin Tan said. Read more »

Young population drives co-working space demand in PH: Regus

ABS-CBN News
Updated as of Jun 17 10:44 AM

The Philippines has one of the youngest populations in Southeast Asia with an average age of 23.7 compared to 27 in Malaysia and 37 in Thailand, Regus Philippines country manager Lars Wittig said. Read more »

Firms, workers must anticipate future in-demand skills: analyst

ABS-CBN News
Posted at Jun 11 04:10 PM

Education should put an emphasis on cognitive and problem-solving skills, rather than vocational skills, which can be learned on the job, said Shekhar Shah, director general of India's National Council for Applied Economic Research. Read more »

Philippines tipped to reap benefits of digital trade

ABS-CBN News
Posted at May 30 11:37 AM

Digital trade in the country generates $3.2 billion but it could expand to as much as $27 billion by 2030, Hinrich Foundation research fellow Stephen Olson told ANC. Read more »

Why 2019 could be a 'good year' for property sector

ABS-CBN News
Updated as of May 21 10:47 AM

The growing Business Process Outsourcing (BPO) and the Philippines Offshore Gaming Operations (POGOs) drive office space rentals in the metro, Pinnacle Real Estate Consulting Services head of research Jose Romarx Salas told ANC.  Read more »

Incentives help PH keep, grow foreign investments: electronics manufacturers

ABS-CBN News
Posted at May 20 09:05 AM

The Semiconductor and Electronics Industries in the Philippines Inc is hoping for a dialogue with legislators who won in the mid-term elections Read more »

Accenture seeks 'upskill' for BPO workers

ABS-CBN News
Posted at Apr 16 10:04 AM

Accenture Philippines is working with the government and the academe to produce "job-ready" graduates since the country "is still catching up" when it comes to technology, its country managing director Lito Tayag said. Read more »

BPO sector must ‘reinvent itself’ to survive AI shift, Roxas says

Katrina Domingo, ABS-CBN News
Updated as of Apr 11 11:53 PM

The government must allow the business process outsourcing industry to update incentives packages to help the sector survive the digitalization shift, the senatorial candidate said.   Read more »

3M to expand further in PH, with or without incentives says president

Cathy Yang, ABS-CBN News
Posted at Apr 11 03:46 PM

Consumer and industrial goods manufacturer 3M is aiming to further expand its business in the Philippines and hire more people despite uncertainties over fiscal incentives in the proposed corporate tax reforms.  Read more »

Analyst: Easing inflation led to improvement in consumer confidence

ABS-CBN News
Posted at Apr 03 12:22 AM

Financial institutions are still bullish over the Philippine economy, even as the country faces a deadlock over its 2019 budget. Read more »

How Filipino BPOs can stay competitive as tax reform looms

ABS-CBN News
Updated as of Apr 02 12:15 PM

Being open to new technologies will help BPOs in the Philippines keep up with changing demand, said Alorica Asia President Bong Borja. Read more »

Employees are 'less afraid to fail' in equal environments: study

ABS-CBN News
Updated as of Mar 21 12:39 PM

A total of 89 percent of Filipinos are less afraid to fail in the "most equal" environments compared to 49 percent in "less equal" setups, Accenture’s "Getting to Equal 2019" survey said.  Read more »

'Pinakamaraming bakanteng trabaho: IT, sales'

ABS-CBN News
Updated as of Mar 22 12:45 AM

Mga posisyon sa IT-business process management at sales ang may pinakamaraming job vacancies na maaaring pag-apply-an ng mga magsisipagtapos ngayong Marso at Abril. Read more »