IBPAP President Jack Madrid revealed on Monday that the IT-BPM industry will end the year on a high note with the robust revenue contribution. The industry expects to end the year employing 1.56 million Filipinos.
Goking said strong demand for office space is expected from the BPO sector as the country’s economy has started to open up.
Australia, the Philippines, Thailand, and Indonesia are adapting the most to the hybrid/remote setup. In Australia, only 56% of the job openings are on-site, while 44% are remote or hybrid.
The adoption of hybrid work setups has provided many Filipino workers relief from traffic, as well as given them more time for themselves, their families and friends, according to a new study.
Business Process Outsourcing firms can continue work-from-home (WFH) arrangements and receive fiscal incentives if their registration is transferred to the Board of Investments (BoI), Finance Secretary Benjamin E. Diokno said on Thursday.
The information technology-business process management (IT-BPM) industry has relayed to the Bangko Sentral ng Pilipinas (BSP) their call for flexibility in granting incentives for those implementing work-from-home (WFH).
The government has provisionally extended, at least for three more days, the 30 percent work from home capacity (WFH) for information technology locators pending the next board meeting of concerned agencies.
The IT & Business Process Association of the Philippines Inc. (IBPAP) on Saturday welcomed the announcement from the Department of Finance to extend until further notice the work-from-home (WFH) arrangement policy earlier agreed with the government.
The Philippines' business process outsourcing (BPO) sector may soon overtake overseas Filipino workers (OFW) remittances in terms of growth, the head of the Department of Information and Communications Technology (DICT) said.
Investor confidence in the Philippines is unmistakably rising. Several factors support this—chief of which is the solid macro-economic fundamentals in place. Another major factor is the business-friendly policies of the Marcos government.