CEBU CITY—SPi, a unit of Philippine Long Distance Telephone Co. (PLDT) that provides outsourcing and offshoring (O and O) solutions, is rapidly expanding operations here in an effort to transfer a chunk of its projects into the country from the US.

SPi vice president for health-care operations in Asia, Francis Patalinghug, said the company would almost triple its present manpower in Cebu as backlog in medical transcription work, mostly coming from the United States, continue to pile up.

“We are finding a lot of [work] volume from the United States as we observe the huge number of the baby boomers spending more on health care.”

SPi is owned by ePLDT Inc., a fully-owned subsidiary of PLDT.

SPi inaugurated its north wing in Asiatown IT Park’s i2 building here, which will expand of the company’s workforce from 226 to 650 in two years.

“We expect to hire 100 more people in four months,” information officer Emmanuel Dizon said.

SPi worldwide employs around 14,000 people. It has sites in India, Europe and the United States.

It has O and O operations on medical transcription, publishing, legal services and retail support.

Patalinghug said only 40 percent of the company’s medical transcription work comes to the Philippines as the bulk of the projects go to the company’s mostly home-based workers in the US.

“We are planning to shift work to the Philippines and make it 60-40 in favor of Philippines in six months,” Patalinghug said.

“There is a huge backlog of work in the United States that wants to go to Asia,” Patalinghug said.

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SINGAPORE—Oracle Corp., the world’s largest enterprise software developer, is anticipating rapidly growing demand for improved Business Intelligence (BI) solutions with far more powerful applications that go beyond simple data collection and reporting.

CEBU CITY—SPi, a unit of Philippine Long Distance Telephone Co. (PLDT) that provides outsourcing and offshoring (O and O) solutions, is rapidly expanding operations here in an effort to transfer a chunk of its projects into the country from the US.

PUBLICLY traded Atlas Consolidated Mining and Development Corp. said its net income in 2007 grew 515 percent to P289 million from P47 million a year earlier on the back of higher revenues from its nickel unit, Berong Nickel Corp.

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