The economy grew by 7.6 percent in the third quarter, faster than the seven percent growth posted in the same period last year, as well as the revised 7.5 percent GDP growth in the second quarter.
Arun Kumar, ManageEngine regional director for Asia-Pacific, said in an interview on the sidelines of a report launch in Makati City last week that the company is already looking for employees for its Philippine presence.
The Philippines and Israel are expected to strengthen their bilateral relations, particularly in the areas of information and communications technology (ICT) and innovation, officials of both nations said on Wednesday.
The Marcos administration has allotted P12.5 billion for the transformation and digitalization of government processes and transactions next year, the Department of Budget and Management (DBM) said.
According to TPF Convener Primo Morillo, “We already have a law on telecommuting and with the preference of a large part of the workforce especially in BPOs to work from their own homes, we call on the Department of Labor and Employment to maximize this law by encouraging more firms to allow WFH.”
It was disclosed by Bataan’s Governor, Hon. Jose Enrique S. Garcia III in a recent 2022 Climate Change and Sustainability Summit last August 17, 2022, that the moth-balled Bataan Nuclear Power Plant is now planned to be the Philippines’ biggest data center.
During the Philippine Economic Briefing in Singapore, President Marcos said his administration is committed to establishing an even more competitive business climate conducive to high-value investments.
The Department of Trade and Industry (DTI) will entice more businesses from China to invest and do business in the Philippines as the country participates in the China International Fair for Investments and Trade (CIFIT) 2022.
While a majority of CEOs of Philippine firms are upbeat about their operations in the next 12 months, most of them believe it will take more than two years for the country's economy to recover from the pandemic, according to a survey of the MAP and PwC Philippines.
The Philippine Economic Authority (Peza) has accredited the Cebu Exchange, Arthaland’s flagship development at the gateway of Cebu’s outsourcing hub IT Park.