http://www.sunstar.com.ph/blogs/ecoforum Investing in Cebu: Signposts for Success Wed, 26 Aug 2009 07:48:53 +0000 http://backend.userland.com/rss092 en ACCESS to finance by the small medium enterprises (SMEs) is not due to lack of funds but reluctance of private banks to lend to SMEs,  said Rafaelita M. Aldaba of Philippine Institute for Development Studies. Speaking before the Sun.Star Economic Forum Wednesday, Aldaba said the government lending programs are directed mainly ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/fund-access-constrains-smes/ GOVERNMENT should look after the basics like infrastructure, institutions, goods market effeciency than give subsidies to small medium enterprises (SMEs), a German expert said. Siegfried Herzog of Friedrich Naumann Foundation shared Germany's SME experience during the Sun.Star Economic Forum Wednesday at the Casino Espanol. He said good infrastructure allows SMEs to grow ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/infra-not-subsidies-to-help-smes/ CEBU is the most promising city worldwide in terms of hosting Business Process Outsourcing (BPO) investments, a study from a strategic advisory firm said. Dr. Cayetano Paderanga, UP School of Economics professor quoting a report from the Cebu Investment and Promotions Center (CIPC) said BPO companies based in Cebu employ 50,000 ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/cebu-finds-opportunities-amid-the-crisis/ COMPARED to large industrialized nations, the Philippines was able to hold on to positive GDP growth rate of 0.4 percent for the first quarter of 2009 at a time of global recession, said Dr. Cayetano Paderanga, UP School of Economics professor. Paderanga speaking before the Sun.Star Economic Forum at Casino Espanol ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/rp-enjoys-growth-despite-recession/ SUN.STAR Economic Forum  on Small Medium Enterprises was officially opened Wednesday by Sun.Star Publishing Inc. President Jesus B. Garcia. This year's economic forum focuses on small medium enterprises (SMEs) with the theme—“Small and Medium Enterprises: Jobs, Economic Growth” The Philippine economy which has been fuelled by the remittance of Overseas Filipino Workers (OFW) ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/economic-forum-2009-starts/ AS certain sectors entertain the possibility of an economic recovery next year, Sun.Star Publishing Inc. has decided to gather some of the best minds in the field of economics to give Cebuano entrepreneurs an idea of how to grab the opportunity when it comes. The economic experts will speak during the Sun.Star ... http://www.sunstar.com.ph/blogs/ecoforum/2009/08/sun-star-gathers-experts-to-speak-at-eco-forum/ WITH several big names in business and industry hobbling as a result of the global economic meltdown, small and medium enterprises (SMEs) continue to provide financial strength to the Philippine economy. SMEs comprise more than 99 percent of registered businesses in the Philippines and employ 70 percent of the country’s work ... http://www.sunstar.com.ph/blogs/ecoforum/2009/07/sun-star-picks-sme-as-econ-forum-topic/ AN EXECUTIVE of a business process outsourcing (BPO) company admitted that the companies in the industry are partly to blame for misconceptions about the kind of work in a BPO company. Yogesh Malhotra, lead for Accenture’s Philippine Delivery Center Network for BPO, said “glamorizing” the work of a BPO employee is ... http://www.sunstar.com.ph/blogs/ecoforum/2008/08/wrong-notion-about-bpo-result-of-ad-glamorizing-industry-jobs/ AMID the lack of qualified people who meet the labor demands of business process outsourcing (BPO) companies, an official of a Cebu-based foundation remains bullish about Cebu’s potential to be a Silicon Valley or an “innovation island” and contribute to the country’s economic growth through technological entrepreneurship. Bonifacio Belen, executive director ... http://www.sunstar.com.ph/blogs/ecoforum/2008/08/%e2%80%98silicon-valley-possible%e2%80%99/ Next to the National Capital Region, Cebu has the biggest concentration of outsourcing and off-shoring workers, said a business processing group official. Oscar Sanez, Business Processing Association of the Philippines (BPAP) chief executive officer, said aside from major outsourcing players putting up branches in Cebu, there are companies that have chosen ... http://www.sunstar.com.ph/blogs/ecoforum/2008/08/cebu-second-only-to-manila-in-outsourcing-growth/