Philippine Ambassador to the United States Jose L. Cuisia, Jr, said recently that FIS Global, a Florida-based Fortune 500 company is considering expanding its Philippine operations that currently has over 1,700 people. FIS Global, a leading global provider of banking and payments technology services, wants to go into information technology and business process outsourcing (IT-BPO) services. Cuisia headed an economic mission to Florida to encourage the state’s companies to invest in the Philippines.
FIS Global Chairman and Chief Executive Officer Frank Martire informed Cuisia of the possible expansion due to the Philippines’ favorable investment climate, strong government support, and other advantages.
During the business roundtable in Jacksonville, Florida, Aaron Bowman, Senior Vice President for Business Development of JAX USA Partnership (a regional economic development organization) said local companies are interested in doing business in the Philippines in areas such as agricultural research and food product testing, and the maintenance and manufacturing aspects of the aerospace and aviation industries.
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