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PIA Press Release
2008/03/05

PGMA confident that decent jobs will be available to Pinoys

Davao City (5 March) -- President Gloria Macapagal-Arroyo said the government will be able to realize its dream of providing more decent and high-paying jobs for the Filipino people now that the international businessmen have recognized the capability of the Philippines to become a developed country in the near future.

Trade and Industry Secretary Peter Favila, on the other hand reported to the President that the Philippines 'stood tall' in front of top businessmen of the world who recognized the Arroyo administration's efforts to bring back the positive momentum of the economy.

Secretary Favila said the international community, especially top businessmen, acknowledged the growing economy of the Philippines under the Arroyo administration.

As a result of this, Favila said the Kenneth Tachman, CEO of Teletech, a leading business process outsourcing company in the world, had the intentions to expand their business in the Philippines.

Teletech is planning to establish five new call centers in the country. DTI is eyeing Camarines Sur in Bicol, Valencia town in Negros Oriental, Dumaguete City and Davao as new locations for Teletech's expansion program.

Teletech is also planning to buy an island in the country to be developed as a tourist resort after learning that tourism is one of the biggest income earners of the Philippines.

Aside from call centers, Favila told the President that Prakash Hinduja, who owns big businesses in India and is one of the top 1,000 corporations in the world, also expressed his strong intention to expand his call center operations and establish a manufacturing company in the country. (PIA) [top]

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