The Philippine Amusement and Gaming Corporation (PAGCOR) vowed to continue its support for the country’s Special Class Business Process Outsourcing (SCBPOs) companies, highlighting their contributions to providing jobs for Filipinos.
“We recognize the immense contribution of the SCBPOs in creating thousands of jobs for our countrymen, and we thank our foreign investors for recognizing the unique talent of our workers who provide excellent outsourced services for them,” PAGCOR chair and chief executive officer (CEO) Alejandro Tengco said in a statement Wednesday.
Tengco said SCBPOs support business operations in other countries.
SCBPOs however are licensed by PAGCOR because they cater to gaming companies abroad.
“The only difference from regular BPOs is that SCBPOs support the operations of legitimate gaming companies overseas, many of which are listed firms, by providing human resource, marketing, graphic design, accounting and other back office work,” Tengco said.
“We also make sure that the SCBPOs are not directly engaged in gaming operations such as taking or soliciting bets,” he added.
PAGCOR said the SCBPO sector currently employs close to 5,000 local workers, with plans to further expand both their operations and local hiring because the foreign principals who run the SCBPO companies find Filipinos exceptionally talented.
The SCBPOs are mandated to hire Filipinos for at least 95 percent of their total work force, ensuring quality job opportunities for local workers who also receive above industry salaries.
“This industry has so much potential, and we are fully committed to its growth and capability to generate more employment for our people,” Tengco said.
PTV PHOTO