Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.
The Philippine information technology–business process management (IT-BPM) industry is not losing sleep over global rivals. Its bigger headaches are closer to home: the ease of doing business and a persistent shortage of employable talent.
The Philippine Economic Zone Authority (PEZA) is betting big on the information-technology business process management (IT-BPM) sector to fuel the next wave of job creation across the country’s ecozones through 2028.
While the global information technology and business process management (IT-BPM) industry trudges along at a modest 2 percent annual growth, the Philippines is quietly pulling ahead.
The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.
The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.
The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.