Sunday, October 5, 2008

Arroyo: US call center invests in RP

MANILA, Philippines -- President Gloria Macapagal-Arroyo announced on Friday that a New York-based call center firm invested millions of dollars in new technology for their Philippine operations.

In an unannounced briefing at the Palace, the President presented to reporters iQor President and Chief Executive Office Vikas Kapoor who demonstrated FeAther, a biometric system that the firm developed.

The meeting was initially limited to photo coverage.

The President bannered the new investment a day after she made her economic managers face the Malacañang press and a hearing at the House of Representatives to allay fears over the impact of a looming recession in the United States on the country.

"I want him [Kapoor] to be the one quoted, not me. I'm very happy about it. That's why I called you. They put a lot of investments in our country," Arroyo said.

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