During the one-on-one business meetings at the Blair House in the United States on Tuesday, May 2, Department of Trade and Industry (DTI) secretary Fred Pascual discussed the priority sectors of the Philippines targeting US investments such as IT-BPM, healthcare, semiconductors, electric vehicles and electric batteries, renewable energy, and food and minerals processing.
BPO operator Sitel Group has announced its official transition to Foundever, a global rebranding move that celebrates the expertise on which the company was founded.
IBPAP said the number of full-time employees (FTEs) in the country grew 8.4% or by 121,000 in 2022, bringing the industry’s total headcount to 1.57 million. The sector also recorded a growth of 10.3% in revenues to reach $32.5 billion in 2022.
With its new headquarters, Optum will also be opening its doors to new recruits, with the Makati site launch kickstarting more branch expansions across the country.
The Board of Investments (BOI) has given a stamp of approval for the certificate for registration of a new contact center project by Optum Global Solutions, which is focused on Healthcare Information Management Services (HIMS).
The transfers are merely “paper-transfer”, which means the BPO firms do not have to relocate outside economic zones or IT parks under PEZA and will still enjoy their current tax perks.
Business process outsourcing (BPO) firm TDCX formerly known as Teledirect and now a listed company on the New York Stock Exchange (NYSE), informed the local media of its decision to further expand its footprint in the Philippines following the formal opening of its sixth hub located in Iloilo.
BPO firms can become eligible for increased work-from-home (WFH) setup by shifting their registration from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI).
The allowance for companies in the information technology- business process management (IT-BPM) sector operating in ecozones to adopt a WFH arrangement covering 30% of its workers is set to expire on September 12, 2022.
