Department of Trade and Industry (DTI) Secretary Alfredo Pascual called for continued investment in the development of Filipino talents in the IT-BPM sector to sustain its growth.

At the IT-BPM Talent Summit in Makati City, he urged local players not to be complacent in upskilling their workforce, despite the Philippines’ ranking as the second-largest outsourcing services destination.

With the IT-BPM industry valued between USD 265 billion and USD 275 billion, Pascual emphasized the need to develop a competitive workforce that is also a formidable force in the ever-evolving digital landscape.

The DTI, along with the Board of Investments, provides fiscal incentives and supports talent development initiatives through partnerships with stakeholders.

To further support the growth of Filipino talents in the IT-BPM sector, an inter-agency technical working group was launched, involving the DTI, other government departments, and the IT Business Process Association of the Philippines.

Full story was first published in