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Aquino Admin Expresses Confidence in PH ICT-BPO

by: Sarah Joson

Monday, November 19, 2012 | Outsourcing News |

During the 12th ASEAN Telecommunications and Information Technology Meeting (Telmin12) in Cebu, President Benigno Aquino III said the information and communication technology (ICT) segment now leads the country’s business process outsourcing (BPO) industry. It is in fact a bullish segment which contributed 638,000 new jobs that enabled more Filipinos to attain an easier standard of living. Proof of that would be $11 billion dollars in direct revenues posted by the segment.

PH's ICT Segment Leads BPO Sector

President Aquino’s speech was delivered by Vice-president Jejomar Binay. It also stated that the factors that propelled the ICT sector are positive views on the local government and institutions as well as the improved quality of the local workforce.

Moreover, President Aquino noted that the efforts geared towards the improvement of the industry can now be seen and that the Philippines is ready for more investments and is under new management.

The President expects 1.3 percent growth in the overall ASEAN gross domestic product, brought about by policies that aim to improve internet use and broadband penetration.

Meanwhile, the Department of Science and Technology (DOST) Information and Communications Technology Office (ICTO) is looking into the challenges encountered by the ICT segment. It is also working on an ICT Industry Development Program to help improve the Filipino workers’ skill and competence level. The better equipped the employees are, the better the service that could help attract more investors to the country, said the President.


Source:
http://www.pia.gov.ph/

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