President and Chief Executive Officer Rey Untal earlier said the retention of the 15 percent preferential rate for ROHQ employees is an integral part of the country's efforts to continue attracting foreign investors to consider the Philippines as an investment destination.
In a mobile message to reporters in Manila, Lopez listed the companies that issued letters of intent: Adani Green Energy, InterGlobe Technologies, Hinduja Global Solutions, KG Information System Private Ltd., InterGlobe Air Transport and some Indian member companies under Ibpap
The University of the Philippines Open University has been working with IBPAP
to convert the courseware of the program to create open distance e-learning courses.
In a statement on Tuesday night, IBPAP
President and CEO Rey Untal said the renewed investor confidence in the country is mainly because Senate pushed for a version of tax package that would 'support the sound fiscal and regulatory environment' for the industry.
But with these numbers narrowing down, we are very pleased, and it validates the information we have been getting from the ground that investment activities are increasing,' IBPAP
said in a statement sent to the Inquirer.
He said the IBPAP
projects that 1.3 million people will be directly employed in IT-BPM by 2016, with the industry generating US$25 billion in revenue.
A list of ICT hubs beyond Metro Manila, the Next Wave Cities has been identified by the IBPAP
and the Department of Science and Technology, based on a set of criterias like worker supply, telecom infrastructure and other factors required to sustain the BPO industry.
IT and Business Process Association of the Philippines (Ibpap
) President Rey E.
The IT Business Process Association of the Philippines (IBPAP
), the umbrella organization of the country's IT business process management industry, is meeting with the Metro Manila mayors to seek support for the exemption of some cities with no BPO locators yet from the Malacanang moratorium, which bans the approval of IT Parks and Centers in Metro Manila.
Industry groups Philippine Ecozones Association (PHILEA), Semiconductor and Electronics Industries in the Philippines Foundation Inc., Information Technology and Business Process Association of the Philippines (IBPAP
), and Confederation of Wearable Exporters of the Philippines (CONWEP) said in a joint statement that while they understand the government's need to raise revenues and improve the country's fiscal position, they are of the view such could be achieved without putting to risk jobs and investments.
Rey Untal, president and CEO of the Information Technology and Business Process Association of the Philippines (IBPAP
), said there might be a 'near term detrimental impact' on the industry, noting the need for a transition period.
Data from the IT and Business Process Association of the Philippines (IBPAP
), show that export revenues have increased from US$1.3 billion in 2004 to a total revenue of US$ 25 billion in 2016, employing about 1 million Filipinos and projecting about 1.3 to 1.5 million jobs in the next three years.