Cebu books 60% of total provincial office deals in 2022

PROPERTY research and consultancy firm Colliers Philippines reported healthy office bookings in 2022 in areas outside of Metro Manila, which means more outsourcing firms and local-based enterprises are growing their footprint in the post-pandemic era. Colliers Philippines’ recorded 221,100 square meters (sq.m.) of office deals outside Metro Manila last year, nearly double the 113,100 sq.m. […]

‘Strive and Rise’: Deloitte Foundation Hong Kong uplifts youth for brighter futures

HONG KONG, Sep 23, 2022 – (ACN Newswire via – Deloitte Foundation Hong Kong has donated HKD1 million to support the Hong Kong SAR government’s Strive and Rise Programme, launched timely to address intergenerational poverty by helping underprivileged children, particularly those living in subdivided accommodation, realize their potential. In addition to a financial contribution, […]

Outsourcing firms may continue WFH scheme if they register with BoI

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 FIRB (Fiscal Incentives Review Board) met (on Wednesday) and we decided there will be a smooth transfer of benefits from the PEZA […]

Starfish Partners Acquires Direct Recruiters Inc (DRI)

PLANO, Texas, September 14, 2022 – (SEAPRWire) – Starfish Partners, an international investment and ownership platform for niched professional and mid-to-upper management search specialists, is proud to announce the acquisition of Direct Recruiters Inc. (DRI). Current Starfish Partners organizations include search firms Kaye/Bassman International Corporation (KBIC), Full Spectrum Search Group, the Sanford Rose Associates International (SRAI) network, and […]

Trade dep’t offers support for creative industries’ recovery, digitalization

THE Department of Trade and Industry (DTI) said it will support the recovery and digitalization of the creative industries, which were severely affected by the coronavirus disease 2019 (COVID-19) pandemic.   Trade Secretary Alfredo E. Pascual said in a speech at the Creative Futures 2022 conference on Thursday that the pandemic cost the industry the […]

Globe, property firms push for wider adoption of built-in broadband in developments

GLOBE Telecom, Inc. and several property firms are pushing for wider adoption of built-in broadband connections in developments. “Connectivity is a basic requirement of buyers that can be a differentiator for the property business. What we envision is when a customer steps into a property, he is ready to connect just like electricity and water […]

Australian firms looking to invest in mining, logistics — ambassador

Australian mining and logistics firms are interested in doing business in the Philippines according to Australian ambassador Steven J. Robinson, who cited policy reforms that have eased the barrier to entry. “I think the future’s looking very, very good,” he said on May 20, the first day of the Philippines-Australia Friendship Festival in SM Megamall’s […]

Appeal of IT-BPM sector to extend WFH setup denied

EMPLOYEES in information technology-business process management (IT-BPM) enterprises will now have to return to their offices after the Fiscal Incentives Review Board (FIRB) turned down the industry’s request to extend the work-from-home (WFH) setup after March 2022.FIRB said denying the sector’s request is meant to stimulate the economic activities of the country which have been […]

Philippine BPO firms eye long-term remote work strategy

Outsourcing firms in Philippine economic zones will need a long-term remote work considerations to remain competitive against other major outsourcing economies, an official from the industry group said.   Louie Benedict C. Hernandez, chair of the Information Technology and Business Process Association of the Philippines (IBPAP), said that outsourcing firms located in economic zones that receive government incentives were given […]

SEC reminds lending, financing firms register online platforms

THE Securities and Exchange Commission (SEC) could penalize or even revoke the licenses of financing and lending companies that fail to register and disclose their online lending platforms (OLP), such as mobile applications and websites. A notice published by the commission on Wednesday said financing and lending firms must comply with SEC Memorandum Circular No. […]

Local sourcing can lower carbon footprint, boost supply chain — RS Components

By Angelica Y. Yang SOUTHEAST Asian firms can lower their carbon emissions by locally sourcing their products and ensuring a logistics supply chain that allows for flexibility, according to the Philippine-based industrial and electronics distributor. “If you’re buying within the region, that means you’re reducing the carbon footprint by reducing freight from buying from different […]