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CEBU CITY, Philippines – The Contact Center Association of the Philippines (CCAP) projects continued robust growth for the Cebu’s information technology and business process management (IT-BPM), a sector that’s been one of the province’s key economic drivers…
The Philippine economy may grow by 7.1 percent in the second quarter due to easing inflation and mid-term election spending, the Bank of the Philippine Islands’ (BPI) lead economist said. This exceeds the government’s annual growth target…
The Philippine peso is expected to strengthen to 57 per US dollar in the third quarter as the US economy shows signs of slowing down. According to a quarterly forecast by London-based Capital Economics, the peso may…
CEBU, Philippines — As the economy of Cebu continues to expand, ensuring its long-term power situation highly becomes more crucial as demand for electricity continually increases moving forward, an industry leader said. “The Visayas grid recently encountered…
CEBU CITY, Philippines — Central Visayas is set to lose P179 billion in its economy or an estimated 14 percent as Negros Oriental and Siquijor splits from Region 7 with the creation of Negros Island Region (NIR)…
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s…
CEBU CITY, Philippines — If you are saving money in your piggy banks, you might consider the advice from Bangko Sentral ng Pilipinas (BSP). BSP Visayas Director Anna Clara Oville said that among the benefits of saving…
MANILA, Philippines — A farmers’ group wants to get rid of the rice tariffication law or Republic Act No. 11203. They don’t think the changes proposed by the House of Representatives will fix the problem of expensive rice.…
The Philippine economy is expected to grow faster this year, but it might not reach the government’s target due to the impact of the El Niño climate phenomenon on food supply and the risk of high inflation.…
CEBU CITY, Philippines — Cebu City’s economy has benefited significantly from the Business Process Outsourcing (BPO) industry. The City Council plans to honor the dedicated workers in this sector by declaring a special ‘BPO Day’. Councilor Pancrasio “Francis”…
The Contact Center Association of the Philippines (CCAP) said that generative Artificial Intelligence (AI) has generated positive impact not just to contact center companies but also to the entire Information Technology and Business Process Management (IT-BPM) industry.…
MANILA, Philippines — The local creative economy surged ahead in 2023, surpassing national output growth to reach a total value of P1.72 trillion. This sector not only generated more jobs but also made a significant contribution to…
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