The Quezon City government in its desire to support the development of micro enterprises in the city is now pushing for the full implementation of the BMBE Act (Barangay Micro-Business Enterprises and RA1978).
US call center to invest $30M to expand RP operations
Callworkz, a start-up American call center operator, plans to invest $30 million to expand its operations in the Philippines and create 5,000 home-based jobs in three years.
QC is richer by P7B, says treasurer
Quezon City’s business friendly and propeople system of taxation has hiked up the locality ’s cash on-hand to close to P7 billion for the first month of the year.
Outsourcing group gets P350-M state assistance
The Technical Education and Skills Development Authority (TESDA) has given P350 million of its training funds to the Business Processing Association of the Philippines (BPA/P), as a way of helping that organization achieve its 2010 targets, particularly in terms of ensuring a sufficient pool of qualified manpower.
US Recession Seen To Boost Philippine Property Demand
A looming recession in the United States is expected to boost the Philippine’s booming property market and its outsourcing industries, real estate consultant C. B. Richard Ellis (CBRE) said Thursday.
New central bank policy frees up funds for infrastructure, residential projects
The policymaking Monetary Board has excluded loans to infrastructure projects from a cap on real estate lending imposed on banks, “rationalizing” the limits on the exposure of universal and commercial banks to the property sector to encourage lenders to pour in more money into public projects and housing.
India BPO outfit opens RP call center
A business process outsourcing (BPO) firm based in India has opened its first Philippine facility, worth $4 million to $5 million, seeking to ride on the local information technology sector’s phenomenal growth.
15 regional ICT hubs to be pushed in e-services forum
Fifteen regional information and communications technology hubs will be pushed during an e-services forum slated February, a commissioner of the Commission on Information and Communications Technology (CICT) said.
Quezon City extends to Jan. 31 deadline for tax payments
Quezon City has extended to Jan. 31 the deadline for the payment of business taxes and fees.
Manila tax payment until Feb. 15, 2008
Acting on the call of Manila Mayor Alfredo Lim, the city council approved an urgent resolution extending the period of paying business taxes, without any surcharge or interest, to Feb. 15.