HCL Technologies Philippines Inc. is gearing up for a bigger footprint, with plans to expand operations over the next two to three years and funnel more global accounts into the country, according to the Board of Investments.
December is usually when cash registers ring nonstop, delivery vans double-park with abandon, and seasonal jobs pop up like Christmas lights. This time, though, the Philippine labor market delivered a quieter jingle. Despite peak holiday demand, joblessness refused to melt away, hinting that even Santa’s factory may have sent a few elves home early.
The Bank of the Philippine Islands (BPI) and the Philippine National Police Anti-Cybercrime Group (PNP-ACG) have signed an agreement to strengthen efforts against financial scams and online fraud affecting thousands of Filipinos and businesses nationwide.
International Container Terminal Services Inc, a Philippine-listed global port operator, said its wholly owned unit Victoria International Container Terminal Ltd has secured a 26-year extension to operate and manage Webb Dock East at the Port of Melbourne, stretching the contract expiry from 2040 to 2066, a fresh long-term reason for investors to stay put.