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).
Foreign business groups welcomed President Ferdinand R. Marcos Jr.'s fifth State of the Nation Address, saying it reflected many of the private sector's long-standing policy recommendations, while urging the government to shift its focus from announcing reforms to delivering measurable results.
China Bank Savings (CBS) has reopened its upgraded Automatic Payroll Deduction (APD) Lending Center in Malolos, Bulacan, as the thrift bank strengthens its footprint outside Metro Manila and deepens its focus on serving the country's education sector.
President Ferdinand R. Marcos Jr.'s endorsement of the latest Malampaya gas discovery in his 2026 State of the Nation Address has put fresh focus on the role of Prime Energy and its partners in extending the life of the country's biggest indigenous energy asset as the Philippines races to strengthen energy security.