This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IBM Opens Two New Branches In The Philippines

PAMPANGA and DAVAO, Philippines, Dec. 5, 2012 /PRNewswire/ --  IBM (NYSE: IBM) today announced the opening of two new branch offices in the Philippines as it builds out its presence and increases its support for clients and partners in the country. The new offices in the cities of Pampanga and Davao are the latest additions to IBM's growth market operations and part of a strategy to increase its presence in the fastest growing economies in the world.

(Logo:  http://photos.prnewswire.com/prnh/20090416/IBMLOGO )

The ASEAN region has recently experienced record economic growth and earlier this year IBM opened new offices in regional cities in Malaysia and Indonesia. This year, the Philippines has been one of the stars of the ASEAN region with a strong economic performance driven by domestic demand, government spending and increased foreign investment. IBM is seeing increasing demand for its solutions and services in the fast-growing regions beyond the capital Manila as the Philippines government works to stimulate growth across the country.

"2012 has been an important year for IBM in the Philippines. Not only have we marked 75 years of business operations in the country, but with new offices in Pampanga and Davao, we have also intensified our focus on emerging regions beyond Manila, in line with the government's Next Wave Cities program," said Mariels Almeda Winhoffer, Country General Manager, IBM Philippines.

Central Luzon, where the Pampanga office is located, has two of the country's premier economic zones – Clark and Subic Bay Freeport Zones - and other industrial areas that generate jobs and revenue for the country. Composed of seven provinces, the region has an international airport, a seaport, industrial and agricultural areas and rapidly evolving tourism and services industries.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs