Business

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IT-BPO industry drives growth of PH economy as second largest source of income

The information Technology and Business Process Management (IT-BPM) industry has grown to be the second largest source of dollar income for the Philippine economy, according to the Information Technology and Business Process Association of the Philippines (IBPAP). In 2015, the industry generated 1.2 million direct jobs and US$ 22 billion in revenues.

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BIR and GCash relaunch 1st e-tax filing and payment system in PH

The Bureau of Internal Revenue (BIR) in partnership with GCash mobile money service, is set to re-launch the first electronic filing and payment system in the country on Apr 12, 2016. Together with the USAID Facilitating Public Investment Project and the USAID E-PESO Activity, these computerization and digitization reform measures aim to improve tax collection and administration, curb corruption, and strengthen business climate in the country.

BDO funds Interflour’s expansion in PH

Mabuhay Interflour Mill, Inc. (MIMI) has entered into a P998-million, seven-year loan deal with BDO Unibank, Inc. (BDO) to partly finance the construction of its flour mill within a 5.2-hectare property in Subic Bay Gateway Park Phase II.

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Globe Business takes over industry-based ICT solutions

Worldwide spending of enterprises on information and communications technology (ICT)-based business software and applications grew 7.5 percent to reach $149.9 billion in 2015, with a projected increase to more than $201 billion in 2019, according to the latest forecast from Gartner, Inc. Analysts, a leading information technology research and advisory company. In addition, investing heavily on digital transformation will yield growth in terms of revenue and operational efficiency as well minimizing risks and threats.

Globe rolls out investments for PH to become a digital nation

Five years after its successful network modernization program that saw mobile data exploding in the Philippines, Globe Telecom embarks on another nationwide infrastructure program that would enhance the country’s Internet experience within homes and across businesses.

Globe Media Excellence Awards now in its 5th year

Globe Telecom is staging its fifth Globe Media Excellence Awards (GMEA) this year to recognize excellence in journalism exemplified by print and online media as well as bloggers, and social media influencers in Visayas and Mindanao.