Tag: Philippines

Federal Express (FedEx) has chosen the Philippines as the site for a planned regional hub that will handle the logistics firm’s Asia Pacific business process operations (BPO) and the firm is now scouting for an area in Manila, the BusinessWorld newspaper reported, citing a FedEx statement. The report said FedEx will set up the backroom office after it closes its regional air trans-shipment hub at the Subic Freeport Zone in the province of Zambales in Dec 2008.

FedEx will consolidate its Asia-Pacific business process operations in the Philippines after it closes its regional air transshipment hub at the Subic Freeport zone in December 2008. The backroom office, to be located in a still unnamed site in Metro Manila, will handle most of FedEx’s human resource and accounting functions in Asia Pacific, from payroll to billing and invoicing.
“We are still working out the number of headcounts needed. But this will probably need close to 100 people,” Clifton Chua, managing director for Thailand, Indochina and the Philippines, said. At present, core accounting and human resource functions of FedEx in Asia Pacific are done individually per country, although it maintains a regional financial center in Singapore because its data center is there. “We will integrate whatever is possible. At the end of the day, there is some functions that you need to leave at the local country like the day- to-day servicing of your employees,” he said.