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Trade and Industry Secretary Ramon M. Lopez
This was emphasized by Trade and Industry Secretary Ramon M. Lopez at the virtual launch of the AI Roadmap, which seeks to ensure the Philippines can unlock opportunities in AI for local businesses.
“The N-CAIR will serve as the country’s shared hub for AI research that will be instrumental in making the Philippines an AI powerhouse,” said Lopez as he assured that micro, small and medium enterprises (MSMEs) are part of this initiative.
Serving as home to full-time research scientists and research engineers, Lopez said the N-CAIR will be responsible for advancing scientific discoveries in AI and play a pivotal role in nurturing and developing AI talent and data science leaders. Furthermore, the consultancy services offered by the Center will benefit government agencies, industries, and other research centers in the country.
Published May 3, 2021, 5:00 PM
The Department of Trade and Industry (DTI) has strongly batted for the lifting of locational investment restrictions, including business process outsourcing (BPO) operations in Metro Manila, to create more jobs, especially in the country’s capital.
Trade and Industry Secretary Ramon M. Lopez said during the TGER-NERS Job Summit on Labor Day, May 1, that DTI and the Board of Investments (BOI) support the recommendations of the business sector to the review of the Investment Priorities Plan (IPP) and to remove the geographical qualifications in availing subsidies, incentives, and programs, among others.
Trade and Industry Secretary Ramon M. Lopez (Bloomberg file photo)
Published February 24, 2021, 4:38 PM
The IT-business process management (IT-BPM) industry has successfully adjusted to the work from-home (WFH) arrangement and is reaping real benefits while ensuring continued service to global clients during the pandemic period, according to the industry top leader.
Manolito “Lito” Tayag, chairman of the IT-Business Process Association of the Philippines (IBPAP), presented the industry’s real benefits during a virtual forum on “Actions and Solutions to Safely Reopen the Economy” organized by the Management Association of the Philippines.
According to Tayag, the industry experienced 15 to 40 percent increase in productivity for employees with optimized remote models, 40 percent reduction in absenteeism, 10-15 percent reduction in attrition, and 20 percent potential cost reduction in real estate and resource usage.
Published February 25, 2021, 6:00 AM
Regardless of quarantine
Regardless of the quarantine level that the government will decide on, businesses said they are now ready to reopen safely and are confident of achieving their growth targets for the year.
In a virtual forum on “Actions and Solutions to Safely Reopen the Economy” organized by the Management Association of the Philippines, the retail, IT-business process management, and the hotel and restaurant sectors presented their readiness to reopen their businesses after almost a year of strict quarantines.
Manolito “Lito” T. Tayag, chair of the IT-Business Process Association of the Philippines (IBPAP), said they have already adjusted to the new normal and is determined to keep their recalibrated growth targets for the year of 3-5 percent growth.