After a steady decline, telecommunications firm Globe Telecom reported on Monday, Jan. 14, that voice calls appear to be making a comeback, noting that voice traffic surged almost double this Christmas season.
In January last year, Canon announced that it was investing six billion yen to put up a plant at the First Philippine Industrial Park in Batangas. The facility, which will start operating in April 2013, will manufacture laser printers, accessories, and parts of Canon cameras and other products.
FRIENDLY RIVALS. Jose Mari Mercado of the Business Processing Association of the Philippines (right) and Ameet Nivsarkar of Nasscom seal the deal in the presence of Vice President Jejomar Binay at The Oberoi, Zakir Hussain Marg in New Delhi, India.
Bank of America Corp. (BA), the second-largest US-based financial holding company with global assets of $2.13 trillion, has directly outsourced its business support activities to the Philippines via a newly formed non-bank subsidiary.