The Philippines is a paradise of white-sand beaches, green mountains, and world-class surfing and diving. Made up of thousands of islands, air travel is a must to explore the country’s attractions.
Financial management is crucial to company success. As a business owner, it is important for you to stay on top of the financial health of your business so you can properly allocate your funds and anticipate any financial risks before they can have significant effects on your company’s growth.
Companies are cautious with their stride for long-term success. So when a high-skilled talent resigns, they try to fill the vacancy before it affects company performance. Companies look for replacements; but locating top C-level and hard-to-fill candidates in the competitive job market is a difficult task.
Information Technology-Business Process Outsourcing (IT-BPO) is the fastest growing industry in the Philippines today. It boasts a steady growth in revenue with an average of 9% yearly and covers about 10-15% market share of the global outsourcing market.
Cryptocurrency has the potential to empower millions of unbanked people in the Philippines. It bypasses the setup fees and identification requirements of traditional banks. Anyone with an Internet connection can gain access. It also addresses many of the operational inefficiencies that beset the banking industry.
Serviced office and coworking space solutions in the Philippines have become a viable alternative to conventional office space leasing. These office spaces are currently occupied by a large number of foreign and local companies, some of which include startup businesses, branch offices, expanding companies, and foreign companies in need of local representation.
There are currently 43 universal and commercial banks, 57 thrift banks, 492 rural banks, 40 credit unions, and 6,267 non-banks with quasi-banking functions in the Philippines. Universal banks actively operating in the Philippines and with the biggest financial assets have in-country headquarters in either Makati, Bonifacio Global City (BGC), Quezon City or some other part of Metro Manila, Philippines.