IT-BPO Industry News

PHL paradox: Economic growth coupled with increasing joblessness

Monday, 06 May 2013 14:24

It appears to be a paradox. The Philippine economy is growing, but so are the unemployed.

Social Weather Stations (SWS) data shows an increase in the number of unemployed in the country by 1 million between December 2012 to March 2013, a mere four months.

Deutsche Bank's PH unit is top BPO taxpayer

Monday, 06 May 2013 14:19

MANILA, Philippines - The Philippine unit of Deutsche Bank AG ranked as the number one taxpayer among business process outsourcing companies in the country.

Deutsche Knowledge Services Pte. Ltd., a subsidiary of Germany's Deutsche Bank AG, ranked number 1 among BPO industry taxpayers, paying P116.88 million in income tax in 2011.

BPO strengthens CSR program

Thursday, 02 May 2013 11:00

IN LINE with its thrust to become the leading integrated player in the industry, a major outsourcing company in Cebu is pushing for corporate social responsibility (CSR) programs this year through a series of community outreach projects.

PLDT completes sale of outsourcing arm

Thursday, 02 May 2013 10:57

PHILIPPINE Long Distance Telephone Co. (PLDT) has completed the sale of its business process outsourcing (BPO) subsidiary to a unit of a London-based private equity firm, the telecommunications giant said in a disclosure yesterday.

Consultant sees robust growth of property

Thursday, 02 May 2013 10:54

Property consultancy firm Colliers International is confident property development in the country will continue to be robust for the remaining months of the year as the economy grows and as a result of the country’s recent credit rating upgrade.