by: Karen Cayamanda
Monday, December 13, 2010 | Outsourcing News |
The Philippine government must amend the Labor Code to make doing business in the country easier. This is what the Joint Foreign Chambers said in the report “Arangkada Philippines 2010: A Business Perspective”.
“The Labor Code should be amended to remove the prohibition against female employees working at night, to allow subcontracting, and to make it easier to terminate employees,” the report said. Aside from amending legislations, there is also a need to reduce the number of holidays in the country since every non-working holiday means millions of dollars lost in the BPO industry.
The business group said the Philippines’ large pool of English-speaking workers, low-cost telecom, and government support must be strengthened and reforms must be done to reach “high growth potential”. The business group said leaders in both the private and public sectors should establish a national culture of competitiveness, and recommended reduction in business costs, as well as creation of an annual presidential report on competitiveness.
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