Friday, September 22, 2023

The Newly Signed US-Philippine Defense Agreement (EDCA) Leads to Unintended Economic Growth

Amid strengthening trade and security relationships between the United States and the Philippines, leading American-owned BPO firms are expanding their operations in the Philippines.

The United States and the Philippines renewed their longstanding partnership with the signing of the Enhanced Defense Cooperation Agreement (EDCA), granting the U.S. armed forces access to nine locations in the Philippines for use as bases and storage facilities. A few weeks later, Philippine President Marcos made a historic visit to the U.S. to meet President Biden.

Following these high-level diplomatic engagements, a new chapter in economic cooperation is beginning to unfold. In addition to increased military presence, leading American BPO firms are using this opportunity to expand their operations in the Philippines as well.

One prime example is Clark Staff, an American-owned outsourcing firm with nearly 1000 employees in the Philippines. Clark Staff's President and Co-founder, Russel Meiselman said "The expansions are primarily focused in key Philippine cities, including Bacolod and Clark Freeport Zone." He added, "The expansion involves setting up new contact centers and recruiting local talent, thus contributing to job creation and economic growth in the Philippines."

The move comes as part of the company's strategic goals to tap into the Philippines' well-educated, English-speaking workforce and to take advantage of the favorable business environment fostered by the newly strengthened U.S.-Philippines relations.

With the deepening relationship between Washington DC and Manila, new opportunities for economic cooperation and shared growth are emerging, with the BPO industry playing a significant part in this progressive shift.

Clark Staff is an American-owned and operated, full-service BPO company located in St. Petersburg, Florida with locations in the Philippines, India, and the country of Georgia. Clark Staff offers a wide range of service solutions to companies of any size and industry. For more information, visit https://clarkstaff.com

Contact Information:
Kenneth Pangan
Marketing Manager, Clark Staff
[email protected]
+63952325817

Zack Williamson
CEO, Clark Staff
[email protected]


Original Source: The Newly Signed US-Philippine Defense Agreement (EDCA) Leads to Unintended Economic Growth
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Profit.co at GITEX GLOBAL 2023, Championing Organizational Growth and Work Culture Transformation

Join Us to Discover the Secrets to Bridging the Strategy-Execution Gap and Transform Your Organization's Performance

The anticipation for the world's premier tech and startup event, GITEX GLOBAL, is growing. This year, Profit.co is gearing up to spotlight its cutting-edge offerings. The company invites attendees to embark on an immersive organizational transformation journey through its comprehensive business management platform.

As innovators and tech enthusiasts gather at the Dubai World Trade Centre from Oct. 16-20, 2023, Profit.co's stand at H4-30 promises a dynamic experience. Visitors will have the chance to engage with industry thought leaders and uncover the transformative potential of Objectives and Key Results (OKRs) in realizing organizational visions.

Profit.co's dedication to the GITEX mission is evident, as this marks the company's third consecutive year of participation. Bastin, the CEO of Profit.co and a thought leader in the industry, aptly remarked, "GITEX is the business navigational compass that every business person needs to determine the direction of business for the next year." Each year, the harmonious blend of technology, innovation, and passion at GITEX has brought forward-thinking solutions into the limelight, and 2023 pledges to uphold this tradition.

To elevate the experience further, Profit.co has reserved exclusive passes for attendees.

About Profit.co

Profit.co is an enterprise-class SaaS platform headquartered in Fremont, California, USA. Profit.co provides a comprehensive solution for businesses implementing and managing strategy execution. With its user-friendly interface, Profit.co offers best-in-class OKR software from Strategy to Task Management. The platform is backed by 24x7 live support and an outcome-focused OKR Coaching and Consulting program, ensuring customers consistently achieve their goals. Profit.co is trusted by many companies, from startups to Fortune 500 corporations. The platform also includes Performance Management that promotes Employee Development and Engagement, fostering a growth and high-performance culture. Profit.co serves diverse sectors across 25 countries, including finance, telecom, manufacturing, retail, and government, catering to the strategic needs of organizations worldwide.

About GITEX 2023

GITEX Global, the world’s premier tech event, returns to Dubai for its 43rd edition. After a groundbreaking 2022, GITEX 2023 unites global tech leaders, innovators, and visionaries, emphasizing the race toward AI mastery. Join GITEX to shape the future of business, society, and innovation at GITEX 2023.

Contact Information:
Divya Joseph
OKR Awards
[email protected]


Original Source: Profit.co at GITEX GLOBAL 2023, Championing Organizational Growth and Work Culture Transformation Profit.co at GITEX GLOBAL 2023, Championing Organizational Growth and Work Culture Transformation
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