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Showing posts with label Outsourcing. Show all posts
Showing posts with label Outsourcing. Show all posts

Monday, August 27, 2012

Stock News 2012: New Data Privacy Act to boost IT-BPO sector

poster anouncing employment opportunities in c...poster anouncing employment opportunities in callcenters and other business process outsourcing (BPO) operations on a wall next to the shavij nagar bus stationin bangalore. (Photo credit: Wikipedia)The newly signed Data Privacy Act is expected to further boost the attractiveness of the Philippines as an investment site for the information technology- business process outsourcing (IT-BPO) sector.

Louis Casambre, executive director of the Information Communications Technology Office of the Department of Science and Technology (DOST-ICTO), said Republic Act 10173, or the Data Privacy Act of 2012 makes the Philippines compliant with international data security standards.

Casambre said the new law also puts in place measures to protect and preserve the integrity, security and confidentiality of personal data collected by government and private entities in their operations.

“This measure will enable us to replicate our success in call centers in other BPO segments such as healthcare outsourcing and human resource outsourcing, where sensitive data is involved,” the official said.

The DOST lauded the efforts of the Congressional Commission on Science and Technology and Engineering (COMSTE) chaired by Sen. Edgardo Angara and House ICT committee headed by Rep. Dante Tiñga.

“We see this act as keystone legislation that will strengthen our country’s position as a leader in IT-BPO,” Casambre said.

For his part, ICT Industry Development deputy executive director Alejandro Melchor III said the new law signed by President Aquino last Aug. 15 would help sustain the country’s momentum as an emerging global leader for shared services, one of the fastest growing segments of the IT-BPO industry.

“There are indications the market is selecting the Philippines as the preferred destination for this segment,” Melchor said.

The law also creates the National Privacy Commission under the Office of the President that would enforce the law, receive complaints, set investigations and impose requisite sanctions.

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Friday, January 7, 2011

Stock News 2011: Accenture to become country's biggest employer with 25,000 come August

Accenture logoImage via Wikipedia
By August 2011, Accenture will be the Philippines’ biggest private employer, with a local workforce of 25,000, Group Chief Executive Michael J. Salvino told reporters the other day.

Accenture is US$21.6-billion management consulting, technology services and outsourcing firm employing 211,000 people to serve clients in more than 120 countries. It is very bullish about its Business Process Outsourcing (BPO) business in the country. “We are big on BPOs, we have created it as our growth platform and it’s a maturing business but it will be here for a very long time,” he underscored.

http://www.mb.com.ph/node/297222/accenture-become-country


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Wednesday, September 22, 2010

Stock News 2010: Eton to put up another BPO building in QC

Timmy Tan with father Lucio Tan and Deng Pufan...Image via Wikipedia
MANILA, Philippines - Eton Properties Philippines Inc. will start the construction of another office building in Quezon City in October to cater to strong market demand.

Danilo Ignacio, president and chief operating officer of the Lucio Tan-led property developer, said the 12-storey project within Eton Centris will have 18,000 square meters of leasable space. It will be completed by the fourth quarter of 2011.

"We have a very strong BPO (business process outsourcing) market this year," said Ignacio.

"Our existing tenants have expressed interest to expand in the new building," he added.

Eton currently has two office buildings, one in Eton Centris and another in Eton Cyberpod Corinthian in Ortigas, which are already leased out.


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