Sunday, 13 May 2012

PIA News Dispatch - Wednesday, May 9, 2012


Aquino leads groundbreaking rites of Sutherland Global Facility in Carmona, Cavite

CARMONA, Cavite: President Benigno S. Aquino III assured both local and foreign investors of the government’s efforts to maintain a business-conducive environment in the country as he programs that are focused on further developing the people’s skills and efficiency.

In his speech during the groundbreaking ceremony of the Sutherland Global Services new US$50 million Carmona Facility along Market Road, Barangay Maduya, here on Wednesday, the President said the Filipinos could take the challenges of economic opportunities.

“You have found that it isn’t just more fun in the Philippines but also more profitable… let me assure you we will continue to endeavor to keep it this way if not to improve the conditions. We are making sure that companies will find enough qualified workers here which is the idea behind the industry-based training for work scholarship program which aims to equip our countrymen with the required skills to succeed in industries that are hiring,” he said.

According to the Chief Executive, at least P500 million has been allotted for the government’s training program that is presently being implemented.

“We have set aside half a billion pesos for this program and as of May 2012 we have disbursed P215 million of that… close to 36 thousand Filipinos have benefitted from this program,” President Aquino said.

“Our administration has also been undertaking advanced English pre-employment training programs which allows a greater transfer of knowledge from our English teachers to our students and these efforts to keep companies like you (Sutherland),” he added.

He also noted the country’s considerable improvement as a player in the Information Technology (IT) and Business Process Outsourcing (BPO) industry.

“Through the years we have witnessed the Philippines’ transformation from an emerging to a leading player in the IT-BPO sector… in 2011 the BPO sector earned 11 billion dollars and was responsible for around 640 thousand direct jobs. By the time I step down in 2016, we will be looking at revenues that will have more than doubled to 25 billion dollars and 4.5 million jobs… 1.3 directly as a result of the BPO sector and 3.2 million indirect jobs,” the President said as he expressed gratitude to the people of the BPO industry for believing in the Filipinos.

“Today we are breaking ground on this 50 million dollar facility which will provide an additional eight thousand seats or up to 24 thousand new jobs given three-shift deployments. On behalf of our people, I thank you for your contribution in the growth of our economy and more importantly for your belief in our countrymen who have the skill, the creativity and the work ethic to propel any company to even greater heights,” he said.

During the event, President Aquino led the groundbreaking ceremony and the lowering of the time capsule to signal the start of construction of the Sutherland Global Services’ Carmona Facility. Assisting the President were Trade and Industry Secretary Gregory Domingo, Technical Education and Skills Development Authority Secretary Joel Villanueva, Carmona Mayor Dahlia Loyola, Cavite Representative Roy Loyola and Sutherland chairman and chief executive officer Dilip Vellodi.

The Sutherland Carmona Facility project is part of the company’s growth plans in the Philippines and its commitment to President Aquino to increase employment opportunities for Filipinos in the provinces. The three-hectare facility is the first to be developed by Sutherland in the country which features an innovative campus-type design. The pioneering project can be showcased by various government agencies such as the Board of Investments and the Philippine Economic Zone Authority and even the local government units to show foreign direct investors the merits of investing in the Philippines and partnering with the government.

At present, Sutherland Global Services has a total of 30,000 employees in over ten countries worldwide and almost half of these numbers are in the Philippines. (PCOO)

Aquino government welcomes approval of House Bill seeking to rationalize excise taxes on alcohol, cigarette products

The Aquino administration welcomed the approval of House Bill 5727 which seeks to rationalize excise taxes on alcohol and cigarette products, a Palace official said.

Presidential Spokesperson Edwin Lacierda issued the statement during the regular press briefing in Malacanang on Wednesday following the approval of the House Bill 5727 otherwise known as an "Act restructuring the excise tax on alcohol and tobacco products" authored by Cavite Representative Joseph Abaya.

"The bill is a priority measure of the administration that has hurdled a significant step in the legislative process. The initiatives to reform the excise tax system started 15 years ago and it is only under this administration, with the President’s firm leadership, that such a legislative measure has been approved," Lacierda said.

"The rationale for reform is clear. This measure seeks to help fund public healthcare, which is a key thrust in the administration’s drive for inclusive growth," Lacierda said.

Lacierda noted that the bill seeks to improve the efficiency of tobacco farmers, strengthen the current tax structure, and sustain revenue growth.

The administration thanked House Speaker Feliciano Belmonte, Jr., Majority Leader Neptali Gonzales II, Ways and Means Committee chairman Representative Isidro Ungab, and a multi-party majority of the members of the Committee who voted to approve the said important measure, Lacierda said.

"This is a testimonial to the close cooperation between the executive and legislative branches of government. We look forward to the legislative deliberations in plenary where we hope the majority of Representatives will stand alongside their colleagues who support fiscal reform," Lacierda said. (PCOO)