Biz Buzz

19 Sep

More Sustainable Boracay Reopening

A better and more sustainable Boracay is set to welcome back visitors on October and is expected to usher in newer and bigger markets awaiting the island's full recovery.

Undersecretary for Tourism Development Benito Bengzon Jr. reiterated that the Department of Tourism (DOT) is well on track with its 7.4 million target as the island's closure also became an opportunity to introduce and boost travellers' awareness of other tourism destinations in the country, which was key to retaining the country's positive month-on-month performance on tourism arrivals.

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19 Sep

1.8M IT-BPM Jobs By 2022

The road ahead for the IT-BPM industry in the Philippines looks promising despite artificial intelligence (AI) and intelligence automation (IA), according to the IT and Business Process Association of the Philippines (IBPAP).

IBPAP president and CEO Rey Untal made these revelation during the PH CXO Executive Network and People + Technology Forum, a gathering of strategic business and people leaders from various industries, held on April 19 at the Dusit Thani Hotel Philippines.

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19 Sep

Women’s Empowerment Driving Growth

Women’s economic empowerment is an important economic, social and human rights issue for ASEAN.

Recent research by UN Women estimates the income cost to ASEAN economies of gender gaps in labour force and entrepreneurship equate to an average 17 per cent of GDP. A study by McKinsey Global Institute calculates that advancing gender equality could lift GDP by 8 per cent over the business-as-usual scenario, adding US$900 billion in additional annual output to the economies of East and South East Asia in 2025.

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