The Coca-Cola Company has renewed its strong commitment to the Philippines with a pledge to increase investments in this country by $1 billion over five years.

“Our new commitment to invest $1 billion in our business over five years will strengthen production, distribution and help development of new products to refresh Filipino consumers,” said Coca-Cola Pacific Group president Glenn Jordan.

“This investment is a proof point of our strong commitment to the Philippines, our confidence in the prospects of the Filipino economy and the continued growth of a broader and more affluent middle class in the Philippines.”

Jordan revealed the positive developments of Coca-Cola’s operations in the Philippines, including the ongoing construction of a mega bottling facility in Misamis Oriental. The plant, scheduled to begin operations next year, will be one of the largest plants in the region and is expected to generate significant employment opportunities in the area.

Coca-Cola Philippines recorded double-digit growth in the first half of 2010, led by its flagship brand Coca-Cola. The company has also expanded its portfolio of beverages. In the last six months it has launched “Samurai” energy drink and the ready-to-drink tea “Real Leaf” – brewed from 100 percent whole green tea leaves. In addition, the company will expand its “Minute Maid” brand, which features real pulp and juice.

The Coca-Cola Company – which operates 23 plants and 42 sales offices with over 7,800 direct employees across the Philippines – will focus its new investment on strengthening marketing execution and enhancing system logistics and delivery capabilities in order to better serve the company’s expanding customer and consumer base.

“Part of the new investment will also help expand the reach of our corporate social responsibility initiatives benefitting the local communities. We fully realize that as we grow our business, it is important that local communities grow as well,” Jordan added.

The Coca-Cola Company has built more than 80 Little Red Schoolhouses in remote areas of the Philippines, with the first opening in 1997. More than 40,000 students have since completed their studies at the schools. In addition, and in partnership with the WWF, Coca-Cola supports several environmental programs in the Philippines. A project between the Departments of Science, Technology and Education and Coca-Cola aims at minimizing iron deficiency among school kids through the distribution of a nutritional juice.

Coca-Cola has been present in the Philippines since the start of the 20th century and has been locally produced since 1912. The Philippines received the first Coca-Cola bottling and distribution franchise outside North America. The Philippines bottling operation is among the biggest 10 Coca-Cola bottlers globally.

The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Along with Coca-Cola, recognized as the world’s most valuable brand, the company’s portfolio includes 12 other billion dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply and Georgia.

Globally, the company says it is the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy the company’s beverages at a rate of 1.6 billion servings a day.

Coca-Cola says it is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate.

Source: Good News Pilipinas

Convergys Corporation, the largest private employer in the Philippines, announced that it would expand again, with a fourth state-of-the-art facility in Cebu City. The announcement comes just weeks after Convergys revealed it has a new contact center currently under construction in the country’s summer capital, Baguio City.
Located in the Asiatown IT Park, the new facility being announced today is at the TGU Tower. Once the Convergys site is operational, the company will operate 15 facilities throughout the country – eight in Metro Manila, four in Cebu City, and one each in Bacolod City, Santa Rosa, Laguna, and Baguio City.

“The largest BPO provider in Cebu City and in the Philippines is getting even bigger,” said Marife Zamora, Philippines Country Manager and Managing Director, Asia Pac/EMEA for Convergys. “Our continued growth is due to the extraordinary support provided by our employees in Cebu and throughout the Philippines to our major international clients. This type of unrivaled service is why our clients continue to specifically request the Philippines as the location for their critical customer support operations and why we continue to meet and exceed our client’s expectations every day.”

Convergys employees in the Philippines receive hundreds of thousands of customer service calls each day on behalf of global clients representing a wide variety of industries, including financial services, telecommunications, retail, e-Commerce, direct response, and health care.

Since beginning operations in the country in 2003, Convergys in the Philippines has been honored many times for its customer service excellence, its talented employees, its expertise, and its leadership.

Last year, Convergys won the ”BPO Company of the Year” award at the International ICT Awards and was also inducted into the Philippine Economic Zone Authority Hall of Fame after winning both the Outstanding Employer and Outstanding Exporter three times in each category.

Convergys believes in investing in the development of its people. Rather than have one set path, Convergys has a variety of career tracks for employees to explore. Having a talented, motivated workforce maximizes Convergys’ productivity and enhances the quality of service we offer all of our clients and their customers. This is another way Convergys ensures its spot as a global leader in relationship management.

As the largest private employer in the Philippines, Convergys continues to hire as new work continues flowing into the country.

Source: Contact Professionals

Convergys to open new contact centers in Cebu, Baguio Convergys Corporation, the largest private employer in the Philippines, announced that it would expand again, with a fourth state-of-the-art facility in Cebu City.

Coca-Cola’s $1 billion Phl investment is on track Coca Cola, the biggest softdrink company in the country, said that its $1 billion five-year investment commitment in the country is on track

Top US investment bank expands RP facility JPMorgan Chase & Co., a leading global financial services firm, formally dedicated its new Global Service Center in Taguig City on Wednesday.

Finance Asia, a prestigious finance and business publication in Asia and the Pacific named Banco de Oro Unibank Inc. (BDO) the best domestic bank and the Bank of the Philippine Islands (BPI) as the best cash management bank in the Philippines.

Investments in electronics break all-time record in 2010 Electronics investments in the country breaks an all time record high record. The Semiconductor and Electronics Industries

Isabela hosts RP’s biggest bioethanol plant Green Future Innovations Inc., led by Japanese firms Itochu Corp. and JGC Corp., will build the country’s biggest bio-ethanol and co-generation plant

Investments nearly triple in January-February 2011 Investments in the first two months of the year jumped 184.7 percent to P28.237 billion or almost tripling the P9.917 billion investments

Phl is 3rd most optimistic country in the world The Philippines is one of the world’s most optimistic nations in a recent in a global survey on business optimism.

Yokohama Tire Phils to hire at least 3,000 workers The Yokohama Tire Philippines Inc. (YTPI) will hire at least 3,000 more workers as it expands its operation in Clark Freeport in Pampanga starting this year.

Cebu Pacific hiring 75 pilots, 200 flight crew Low cost carrier Cebu Pacific Air is hiring 75 pilots and 200 cabin crew and offering them high compensation to support its expansion

Filipino businessmen urged to share their wealth The widening gap between the rich and poor calls for an equal, if not greater, response from local businesses to help raise the living standards

Phl economy expands at its fastest pace in 24 years The Philippine economy, as measured by the gross domestic product (GDP), expanded by 7.3 percent in 2010, the highest in 24 years.

Cebu Pacific to expand workforce by 2000 in 4 years Cebu Pacific Air plans to increase its workforce in the next four years as the airline seeks to acquire more aircrafts.

Outsourcing sector to hire 84,000 workers in 2011 The Department of Labour and Employment reports that at least 84,000 jobs will be up for grabs in the business process outsourcing (BPO) industry in 2011.

US energy giant Chevron looks to RP for expansion American energy giant Chevron Corporation is eyeing the Philippines, along with Indonesia, as growth areas for investments primarily for renewable

More multinational firms seen locating in RP in 2011 More foreign companies are expected to locate in the Philippines next year as foreign investors remain confident that the Aquino administration will work hard for the development of local infrastructure, an international real estate firm said Wednesday. CB Richard Ellis (CBRE) chairman Rick M. Santos said that the demand for office space in the country [...]