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Revenues of IT-BPM sector seen hitting $48B

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Filipino call center personnel attending to US client at a new business process outsourcing office in Manila. AFP  FILE PHOTO

The Philippine Information Technology and Business Process Management sector (IT-BPM) should grow by about 18 percent yearly starting 2016 to reach a forecasted export revenue of $48 billion by 2020, Trade Secretary Gregory L. Domingo said Tuesday night.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

DOST eyes $18B from BPO sector

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INQUIRER FILE PHOTO

The Department of Science and Technology (DOST) is banking on its “Next Wave Cities” program to raise $18 billion in revenues by the end of the year.

Posted: October 17th, 2014 in Latest Business Stories | Read More »

BIR collections rose by 8.01% in August

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Revenue Commissioner Kim S. Jacinto-Henares: Below-target collection AP FILE PHOTO

Collections of the Bureau of Internal Revenue (BIR) rose by 8.01 percent in August, although still short of its target for the month as the truck ban slashed profits of tax-paying companies.

Posted: September 17th, 2014 in Editor's Pick,Featured Gallery,Headlines,Latest Business Stories | Read More »

Metrobank nets P9.1 B in first half of 2014

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FILE PHOTO

Metropolitan Bank and Trust Co. posted a first-semester net income of P9.1 billion, half the level chalked up in the same period last year when earnings were bloated by extraordinary treasury gains and one-time gains from divestment of shares in car and power generation businesses.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

8990 Holdings posts 20% hike in H1 profit

Leading mass housing developer 8990 Holdings posted a 20-percent year-on-year growth in six-month net profit to P1.8 billion as the company unlocked more revenues from new projects rolled out last year.

Posted: July 31st, 2014 in Headlines | Read More »

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