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Press Releases from Coefficients Co. Ltd. (14 total)

Coefficients’ Values and Why We Are a Company of Choice

As a provider of global solutions displaying process and domain distinction driving measurable results, Coefficients imbibes the following values: Inclusion – Coefficients hires any employee who is qualified to work in a BPO setting. Given the right skills and training, we hire fresh graduates (even K12 graduates and sometimes high school graduates), experienced professionals, unemployed mothers who spent most of their years taking care of their families and are now ready

Amidst China Threats PH Stands Firm to Defend the BPO Industry

Philippines’ outsourcing industry, amassing $23 billion, is facing a lot of risks: People’s Republic of China is quickly becoming a huge threat, the government is considering to the ditch some of the incentive programs, and the war in the south is tormenting the investors. In an interview, Rey Untal, head of IT and Business Process Association of the Philippines (IBPAP), stated that the industry and the government need to get

BPO Sector to Make an Epic Comeback in 201

Experts are seeing that the country’s business process outsourcing (BPO) sector will make an epic comeback next year due to its reestablished relationship with the US, in line with the booming demand for office spaces in Metro Manila making it one of Asia’s top office markets. This is as per the real estate veteran and president of property consulting firm Leechiu Property Consultants (LPC), David Lecchiu, who foretold that office space

PH to Remain a BPO Magnet – Dutch Banking Giant

ING Group, a Dutch financial, is looking into growing their shared services center in the Philippines despite the threats in the business process outsourcing (BPO) industry due the challenges and setbacks in the local and global markets. ING Business Shared Services (IBSS), ING’s sole shared services center in Asia, remains confident that the Philippines will remain a “captive offshoring” market for international companies despite showing a slowdown in generating BPO revenues. ING

BPO Sector to Boost Office Space Demand in 2018

Despite a slow growth in leasing deals with business processing outsourcing (BPO) companies earlier this year, experts from real estate consultancy, Santos Knight Frank are seeing that the sector will boost the demand for office spaces in 2018. "It's still the BPO that will take lead in terms of the office space take up," Kash Salvador, associate director for Investment and Capital Markets at Santos Knight Frank, stated in a press

Tax Perks to Battle the Challenges the IT-BPO Sector is Facing

The Information Technology-Business Process Association of the Philippines (IBPAP) is fighting to retain the tax perks of the information-technology and business-process management (IT-BPM) sector to battle the challenges the industry is facing. As per a news statement by IBPAP President and CEO Rey Untal, he articulated that the group is in full support for the legislators who are pushing to retain the benefits for the IT-BPO sector for the industry and

Global Market Insights, Inc: Legal Process Outsourcing to Go Beyond $40 Billion …

The growing necessity for proficient legal departments to handle high volume, process-oriented legal work is expected to skyrocket the legal process outsourcing market, amassing over $40 billion by 2024. The cost of legal proceedings has increased drastically over the years, and this led companies to subcontract these services overseas. Being cost-efficient and practical have been the major factors that immensely helped the LPO industry. Legal proceedings and clerical services have

IT-BPO Sector Resists Government’s Plan to Remove Benefits

Philippine’s IT-BPO (information technology and business process outsourcing) sector outright expressed that they are against the government’s plan in removing their perks and incentives, stating that the move will not only threaten the competitiveness of the industry, but it will also disrupt the growth and development they have thus far. IBPAP (IT-Business Process Association of the Philippines) beseeched the government and legislators to comprehensively take into consideration the impact of the

PH BPO Companies are Stepping Up their Game to Attract More Investors

Starting next year, IBPAP (IT and Business Process Association of the Philippines) plans to do their midyear reviews of the country’s IT and BPO sector, assessing the performance of the industry’s players in terms of revenue and company size. The evaluation aims to give the industry the opportunity to “self-correct” if need be, as per Rey Untal, President and CEO of IBPAP. Untal stated that this initiative is to depart from the

BPO Sector to Wrap this Year Up on a Positive Note

The Information Technology and Business Process Association of the Philippines (IBPAP) is confident that the country’s business-process outsourcing (BPO) industry will wrap this year up positively. IBPAP emphasized that Philippine Economic Zone Authority (PEZA) continues to receive investment pledges. IBPAP’s president and CEO, Rey Untal, stated that the planned Tax Reform for Acceleration and Inclusion (TRAIN) has also sustained the reaction of the country’s top BPO players. As per Untal, “We will

Trump Promised to Study US and PH Trade Deal

United States President, Donald Trump, committed to studying the proposed free trade agreement (FTA) between the US and the Philippines. As per the presidential spokesperson, Harry Roque, he stated that the US president had promised to look into the FTA proposal during their 40-minute bilateral conference with PH president, Rodrigo Duterte, amidst the ASEAN (Association of Southeast Asian Nations) summit. “The Philippines is appreciative of the General System of Preference (GSP) and

Oracle to Put a Lot of Investments for the Continued Expansion of NetSuite PH

NetSuite Philippines, the business process outsourcing of NetSuite, is projected to grow at a faster pace since Oracle Corp. has started putting a lot of investments for the NetSuite’s worldwide expansion to leverage small to medium enterprises’ growing need for digital solutions. Netsuite’s founder and former chairperson and chief technology officer and presently Oracle’s executive vice president, Evan Goldberg, announced to the Philippine press members of SuiteConnect Oracle + NetSuite that

IT-BPO is Expected to Remain the Country’s Top Export Sector

Services, the information technology/business process outsourcing (IT-BPO) sector in particular despite the threats of slowing down, will amass half of the total exports by 2022, as per the executive director of the Bureau of Export Managing Bureau, Senen Perlada. Perlada stated that from the present share of 32%, service exports are expected to maintain the upward growth at double-figure rates in comparison to merchandise exports. Perlada added that the new edition of

J&J and DOH to Work Hand in Hand to Address BPO Workers’ Health Concerns

Johnson and Johnson (J&J) has teamed up with the Department of Health (DOH) to address the health concerns of business process outsourcing (BPO) workers, which is estimated to amass 1.3 million last year. DOH Secretary, Paulyn Jean B. Rosell-Ubial, indicated that the BPO sector is deemed to be one of the fastest-growing industries in the country and is “imperative to address every health risk of the employees”. “These BPO employees represent a