{
  "id": 18974973,
  "title": "PEZA, IT-BPM industry partner to attract investments",
  "url": "https://urgent.news/2026/11/08/peza-it-bpm-industry-partner-to-attract-investments",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-08T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/11/09/2568782/peza-it-bpm-industry-partner-attract-investments"
  },
  "original_language": "en",
  "account": "The Philippine Economic Zone Authority (PEZA) has formed a partnership with the Information Technology and Business Process Association of the Philippines (IBPAP) to boost investments in the IT-BPM sector, as announced by PEZA director-general Tereso Panga and IBPAP president Celeste Ilagan on November 5. This memorandum of understanding aims to attract more investments and strengthen the country's position as a leading IT-BPM destination. The collaboration will focus on increasing investor confidence, facilitating entry, supporting investors, and coordinating policies to improve the business environment. Both parties will also address investor concerns, expand investment opportunities beyond Metro Manila, and enhance talent development and artificial intelligence (AI) readiness. PEZA's Advanced AI Tech Academy will be utilized to upskill the workforce and prepare workers for AI-enabled and higher-value services. By joining forces, PEZA and IBPAP aim to reinforce investor trust, attract new and reinvestments, and maintain the country's competitiveness in the global IT-BPM market. IBPAP represents over 400 member companies in the industry.",
  "summary": "The Philippine Economic Zone Authority (PEZA) has teamed up with the Information Technology and Business Process Association of the Philippines (IBPAP) to strengthen efforts to attract investments in the information technology and business process management (IT-BPM) sector.",
  "key_points": [
    "PEZA and IBPAP partner to boost IT-BPM investments",
    "MOU aims to attract more investments and strengthen position",
    "Collaboration focuses on investor confidence and talent development"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}