hnology-business process management sector to physically report to their offices if only to prop up the economy by making them spend on dining and shopping.
The Philippine Economic Zone Authority , an investment promotion agency overseeing the fiscal incentives of several IT-BPM firms, has been pushing to extend this to at least until Sept 12, 2022. The IT-BPM sector's concerns are very valid. The pandemic has changed the way the industry viewed remote work, which used to be unthinkable. Jack Madrid, president of the IT and Business Process Association of the Philippines , said in an interview with the Inquirer that the industry realised it could still grow even with its employees working remotely.
The bad timing is further buttressed by the fact that fuel prices have soared to unprecedented levels and ordinary consumers have started complaining about the rising cost of living. Peza Director General Charito Plaza agreed that remote-work arrangements should continue as costly fuel has made transportation more expensive for workers.
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