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IT-BPM, ICT industries prime for investment
R
ecent developments and policy changes in Information Technology and Business Process Management (IT/BPM) in the Philippines are making the country ripe for investment and poising it to ride a new wave of revolution in information and communications technology (ICT). This was the message of government officials and business leaders who traveled to San Francisco for a conference entitled “Invest in the Philippines: Asia’s Bright Spot,” the third and final leg of a high level trade and investment mission to the United States on 29 June 2015. In his remarks, Ambassador Jose L. Cuisia, Jr. pointed out that the IT/BPM and ICT industries in the Philippines are very much alive and have been a strong driving force in the Philippine economy. “The choice of San Francisco as the third city of this historic High Level Trade and Economic Mission to the United States is very appropriate. San
Francisco, and Silicon Valley in particular, is the heartland of innovation and technology. And the importance of information and communications technology, which this city breathes and lives, is one that is not lost on the Philippines,” said Ambassador Cuisia. The envoy added, “The first wave of the information and communications technology revolution transformed the Philippine semi-conductor industry into one of the most important segment of our economy. Today, the IT/BPM industry has been the fastest growing industry in the Philippines in the last ten years. In 2011, we overtook India to become the number
PRA Form No. 10.1 (LCRO)
one outsourcing destination for voice support. And the Philippines is second only to India as a global outsourcing destination, specifically in the areas of healthcare and software.” However, the Philippines is still facing challenges in the IT/BPM and ICT industries. According to keynote speaker Mr. Diosdado Banatao, Managing Partner of Tallwood Venture Capital, a main challenge that remains for the country is infrastructure building in ICT, particularly the lack of internet bandwidth, which he also noted as an area of opportunity for investments. The government is addressing these issues through the legislature aimed at reforming the country, boosting economic growth, and creating an environment conducive to investment. Senate President Franklin M. Drilon, who participated in the San Francisco Conference, shared the Congressional
agenda for the last year of the Aquino administration, which is to pass the Public-Private Partnership (PPP) Act in order to institutionalize reforms and best practices, amend the Bangko Sentral ng Pilipinas Charter to strengthen its regulatory power, and approve the Customs Modernization Law to achieve trade facilitation and logistics efficiency. According to Senator Drilon, a bill to create the Department of Information and Communications Technology (DICT) is also on its way. On 2 June, the Senate approved the third and final reading Senate Bill No. 2686, which mandated the creation of the DICT. The bill would effectively create the agency charged with developing, planning, and promoting the government’s ICT agenda, as well as speed up the industry’s growth and competitiveness by enhancing the country’s technology linkages with ICT firms abroad. The House ver-
PRA Form No. 10.1 (LCRO)
Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE PROVINCE OF MISAMIS ORIENTAL Cagayan de Oro City
Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE PROVINCE OF MISAMIS ORIENTAL Cagayan de Oro City
NOTICE FOR PUBLICATION
NOTICE FOR PUBLICATION
In compliance with Section 5 of R.A. No. 10172, a NOTICE is hereby served to the public that CHEXY JUDAIZE L. UY has filed with this Office a petition for the correction of clerical error in the entry of the child’s SEX from “MALE” to “FEMALE” in the Certificate of Live Birth of IXARA YEHZSA UY who was born on September 26, 2004 in Cagayan de Oro City and whose parents are MADRIGO P. SACLOT and CHEXY JUDAIZE LABIAL UY. Any person adversely affected by said petition may file his written opposition with this office not later than July 11, 2015.
In compliance with Section 5 of R.A. No. 9048, a NOTICE is hereby served to the public that ROSE MAY S. BATOON has filed with this Office a petition for the change of first name from “ROSE” to “ROSE MAY” in the Certificate of Live Birth of ROSE SALOLOY BATOON who was born on May 14, 1996 in Cagayan de Oro City and whose parents are NITO PALERBATOON and EVANGELINE WABE SALOLOY. Any person adversely affected by said petition may file his written opposition with this office not later than July 11, 2015.
(SGD) NORMA S. DIPUTADO City Civil Registrar
(SGD) EVANGELINE C. TAPANGAN Asst. City Civil Registrar Office-In-Charge
MDN: July 2 & 9, 2015
MDN: June 25 & July 2, 2015
OROFIESTA TRADING SERVICES, INC.
0935-160-0668 HERMILINO VILLALON
22nd/31st Nazareth, Cagayan de Oro City
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sion is currently being debated at the committee level. There has also been a greater emphasis on education, which is further enriching one of the biggest assets of the country, its human resource. Secretary of Trade and Industry Gregory L. Domingo pointed out that the young Philippine workforce is only getting better due to the reforms in the educational sector such as the introduction of K-12 and doubling the budget of education. Panelists in the conference agreed that with a strong, highskilled and eager labor force, good political leadership, the ability to provide the required infrastructure, the Philippines has created an excellent business environment. The Conference is the third stop of a high level trade and investment mission to the United States that took place from 24 to 29 June 2015. The delegation made a pitch in Washington, D.C.
on 24 June and conducted an Economic Briefing and Investment Conference in New York on 26 June. The Mission is an important follow-up to the PhilippinesUnited States Memorandum of Cooperation on an Infrastructure Collaboration Platform, which was signed during the 8th Global Infrastructure Leadership Forum (GILF) held in New York in February. The Conferences were organized by the Philippine Embassy in Washington, D.C. and the Philippine Consulates General in New York and San Francisco, in partnership with the Center for Strategic and International Studies, the US-Philippines Society, Bangko Sentral ng Pilipinas Investor Relations Office, as well as Citibank, Deutsche Bank, Development Bank of the Philippines, Goldman Sachs, HSBC, JP Morgan, Land Bank of the Philippines, Morgan Stanley, Standard Chartered, and UBS. (PNA)
Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE PROVINCE OF MISAMIS ORIENTAL Cagayan de Oro City NOTICE FOR PUBLICATION In compliance with Section 5 of R.A. No. 9048, a NOTICE is hereby served to the public that CASMILON LAWI DIATOR has filed with this Office a petition for the change of first name from “CHENNARY” to “CASSANDRA CHENNARY” in the Certificate of Live Birth of CHENNARY LAWI DIATOR who was born on November 4, 2001 in Cagayan de Oro City and whose parents are HABIB BOMBONA DIATOR and CASMILON MAMACOTAO LAWI. Any person adversely affected by said petition may file his written opposition with this Office not later than July 10, 2015. (SGD.) NORMA S. DIPUTADO City Civil Registrar MDN: July 2 & 9, 2015