Categories: Client News

BPAP and Outsource2Philippines to host CEO briefing on investor confidence, industry growth

<p>&lpar;Manila&comma; Philippines&comma; November 28&comma; 2012&rpar; — The Business Processing Association of the Philippines &lpar;BPAP&rpar; and Outsource2Philippines are&nbsp&semi; organizing a yearender CEO briefing entitled &OpenCurlyDoubleQuote;Great Expectations&colon; Strengthening Investor Confidence and IT-BPO Growth” to provide industry&comma; analyst and government perspectives on how incentives&comma; policy and regulatory developments are shaping the IT-BPO investment climate&period;<&sol;p>&NewLine;<p>The briefing will take place on December 11&comma; 2012&comma; from 7&colon;00 AM to 11&colon;00 AM at Makati Shangri-La &lpar;Rizal Ballroom A&rpar;&period; BPAP senior executive director Gigi Virata will present the results of a recent BPAP-O2P survey about setting up and expanding operations in the Philippines&period;<&sol;p>&NewLine;<p>Discussions will be led by distinguished speakers and panelists&comma; including Raymond Lacdao&comma; Executive Director&comma; BPAP&semi; Carlo José&comma; President &amp&semi; Head of GSC Operations-Philippines&comma; HSBC&semi; James Donovan&comma; Co-founder&comma; President and CEO&comma; ADEC Group&semi; Luis Vistan&comma; Vice President&comma; Head of Corporate Treasury Sales&comma; Deutsche Bank&semi; Chris Moriarty&comma; Managing Director and CEO&comma; Flat Planet&semi; Mary Harriet Abordo&comma; Deputy Director General&comma; Philippine Economic Zone Authority&semi; Hon&period; Cristino Panlilio&comma; Undersecretary for Trade and Investment Promotions&comma; Department of Trade and Industry&semi; Guillermo Luz&comma; Private Sector Co-Chairman&comma; National Competitiveness Council&semi; and Atty&period; Jose Jesus Disini&comma; Jr&period;&comma; Managing Partner&comma; Disini &amp&semi; Disini Law Office&period; Jeff Williams&comma; Co-founder and President of MediCall Philippines&comma; Inc&period; and Chairman of the Healthcare Information Management Outsourcing Association of the Philippines&comma; will moderate the panel&period;<&sol;p>&NewLine;<p><a href&equals;"http&colon;&sol;&sol;www&period;doingbusiness&period;org&sol;~&sol;media&sol;GIAWB&sol;Doing&percnt;20Business&sol;Documents&sol;Annual-Reports&sol;English&sol;DB13-full-report&period;pdf" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">Doing Business<&sol;a><a href&equals;"http&colon;&sol;&sol;www&period;doingbusiness&period;org&sol;~&sol;media&sol;GIAWB&sol;Doing&percnt;20Business&sol;Documents&sol;Annual-Reports&sol;English&sol;DB13-full-report&period;pdf"> 2013<&sol;a>&comma; a study by World Bank and the International Finance Corporation &lpar;IFC&rpar;&comma; showed that the Philippines ranked 138 out of 185 economies surveyed&comma; down from its global rank of 136 in <a href&equals;"http&colon;&sol;&sol;www&period;doingbusiness&period;org&sol;~&sol;media&sol;GIAWB&sol;Doing&percnt;20Business&sol;Documents&sol;Annual-Reports&sol;English&sol;DB12-FullReport&period;pdf" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">2012<&sol;a> and 134 in 2011&period; Despite efforts to curb corruption and implement tax incentives&comma; the length of time and processes involved in establishing and doing business in the country remains complicated compared with neighbors such as Hong Kong SAR&comma; China&comma; and Singapore&period; Singapore has topped the global ranking for seven consecutive years in terms of trading across borders&comma; construction permits&comma; and protecting investors&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The yearender CEO Briefing will provide insights on the ease of doing business in the country&comma; business regulations and policies&comma; and industry public-private partnerships&comma;” said BPAP president and CEO Benedict Hernandez&period; &OpenCurlyDoubleQuote;Developments such as the Bureau of Internal Revenue’s plan to implement electronic registration as well as the country’s improved tax policies have been welcomed by the business community&period; We will examine how these and other mechanisms impact investor confidence&comma; particularly in the IT-BPO industry&comma;” Hernandez said&period;<&sol;p>&NewLine;<p>Panelists will also discuss the steps the industry must take as it moves toward its Road Map 2016 goals of 1&period;3 million direct jobs and US&dollar;25 billion in revenues&period;<&sol;p>&NewLine;<p>After surpassing India in 2010 with over 525&comma;000 employees and US&dollar;9 billion in revenues&comma; the Philippine IT-BPO industry is now the number one provider of voice services&comma; and second for non-voice&comma; complex services&period; This year&comma; revenues are expected to reach over US&dollar;13&period;4 billion&comma; while 772&comma;000 full-time employees will be part of the industry’s workforce&comma; according to BPAP&period;<&sol;p>&NewLine;<p>For more information about the BPAP-O2P CEO Briefing&comma; visit <a href&equals;"https&colon;&sol;&sol;old&period;teamasia&period;com&sol;events&sol;BPAP&lowbar;Great-Expectations&sol;default&period;aspx" target&equals;"&lowbar;blank" rel&equals;"noopener noreferrer">www&period;teamasia&period;com&sol;events&sol;BPAP&lowbar;Great-Expectations&sol;default&period;aspx<&sol;a>&period;<&sol;p>&NewLine;<p><strong>About the Business Processing Association of the Philippines<&sol;strong><br &sol;>&NewLine;The Business Processing Association of the Philippines &lpar;BPAP&rpar; is the umbrella association for the IT-BPO and GIC &lpar;Global In-House Center&rpar; industry in the Philippines&period; BPAP serves as the one-stop information and advocacy gateway for the industry&period; With approximately 300 industry and support-industry members&comma; including five associations—the Animation Council of the Philippines&comma; Contact Center Association of the Philippines&comma; Game Developers Association of the Philippines&comma; Healthcare Information Management Outsourcing Association of the Philippines&comma; and Philippine Software Industry Association—BPAP plays a pivotal role in sustaining rapid growth of the IT-BPO and GIC industry by working to ensure an enduring supply of high quality labor&comma; supporting service innovation&comma; and providing country visibility&period;<&sol;p>&NewLine;<p>BPAP assists investors in setting up operations easily and quickly in the Philippines&period; Relevant research&comma; introductions to key government and industry officials&comma; and a series of briefings at each step of the investment process ensure a seamless development process&period; On-going support is provided through a wide variety of initiatives&comma; including programs for HR development&comma; business development&comma; and on-going knowledge sharing and networking opportunities&period;<&sol;p>&NewLine;<p><strong>About Outsource2Philippines<&sol;strong><br &sol;>&NewLine;Outsource2Philippines&comma; Inc&period; &lpar;O2P&rpar; provides advisory services&comma; research&comma; and project management services to companies that outsource IT and business processes&comma; develop and manage offshore shared services facilities&comma; and supply infrastructure and services to the IT-BPO and GIC industry in the Philippines&period; It works closely with industry associations&comma; government agencies&comma; and client firms to gather industry intelligence&comma; develop best management practices&comma; and implement industry projects&period;<&sol;p>&NewLine;<p>O2P provides a cost-effective&comma; timely mechanism for companies to receive professional support in analyzing the suitability of outsourcing selected operations to the Philippines&comma; and in implementing outsourcing programs&period; Together with the Everest Group&comma; it played a role in the development of the Philippine IT-BPO Road Map 2016&period;<&sol;p>&NewLine;<p>O2P’s experience in identifying highly professional and reliable Philippine IT-BPO vendors ensures their compliance with client requirements that will match the local vendor capability&comma; and the provision of on-site managerial capability&period;<&sol;p>&NewLine;

J Darell Sapin

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