Indian firms to hire 5K new workers in PHL; gov’t to send aid for Pablo victims – VP Binay

By OVP Media
December 22, 2012

MANILA  –  Indian companies are keen on expanding operations in the Philippines and hire around 5,000 Filipinos in the information technology (IT) sector, Vice President Jejomar C. Binay today said.

“Together with the Filipino businessmen, we met with several Indian technology companies that have expressed strong interest to expand their operations in the Philippines, including employment of an additional 5,000 full-time Filipino employees,” he said upon his arrival from India.

Binay met with executives of ESSAR Group/AEGIS, HCL Technologies Ltd., Syntel Inc., Infosys BPO Ltd., Tata Consultancy Services, and Interglobe Technologies.

He also witnessed the signing of a Memorandum of Understanding between the Business Process Outsourcing Association of the Philippines and the National Association of Software Services Company and the Federation of Indian Chambers of Commerce and Industry. He said the MOU “enhanced the cooperation and complementarity between Philippine and Indian IT companies.”

The Vice President also mentioned that the government of India is willing to extend relief assistance to Filipino families affected by Typhoon Pablo.

“The Indian ambassador to the Philippines manifested the Indian government’s commitment to assist the victims of Typhoon Pablo, and the Ministry of Foreign Affairs conveyed their desire to provide relief to those who suffered in the calamity,” he said.

Meanwhile, Binay said that he talked with Myanmar President Thein Sein and the latter sought the assistance of the Philippines in agriculture development.

“Our Philippine Chamber of Commerce and Industry (PCCI) met with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) on December 20 at the sidelines of the ASEAN-India Commemorative Summit,” Binay said.

“The fruit of that meeting is the likelihood of revitalizing the Philippines-Myanmar business relations through the signing of a Memorandum of Agreement between the PCCI and UMFCCI in the area of agricultural development, particularly in rice technologies, bananas, and related areas,” he added.

Binay represented President Benigno S. Aquino III to the ASEAN-India Commemorative Summit and the 2nd ASEAN-India Business Fair and Conclave in New Delhi.

During the summit, Binay said leaders of the ASEAN countries and India committed “to strengthen cooperation to ensure maritime security and freedom of navigation, and safety of sea lanes of communication for unfettered movement of trade in accordance with international law including UNCLOS.”

“Negotiations of the ASEAN-India Free Trade Agreement in services and investments were also concluded in New Delhi just in time for the commemorative summit,” the Vice President said.