PMI invests in new global business service hub in Philippines

MANILA, Philippines — Philip Morris International (PMI) is expanding its economic footprint in the Philippines as it invests into a new global business service hub based in Manila.

The global shared service center, registered as PMI Business Solutions (Philippines) Inc., will render integrated business solutions to PMI affiliates in the Asia-Pacific and European regions, including the Philippines.

This is in addition to services to be rendered to PMFTC Inc., a business combination between LT Group Inc. and PMI, which is leading the transformation of the Philippine tobacco industry.

The global shared service center is expected to create hundreds of fresh job opportunities within the next three years, coming at an opportune time amid the economic disruptions brought by the pandemic.

The wealth of Filipino talent and niche skills was the driving factor in PMI’s choice of Manila as a strategic global hub.

“The Philippines was chosen as a strategic location because of the diverse talent pool and availability in the country that would enable us to launch new capabilities to fuel transformation across PMI,” said PBS president Sharmini Krishnan.

“Global Hub- Manila will enable the design of digital and global solutions for PMI and deliver business solutions in the areas of finance, people and culture and information technology,” Krishnan said during the inauguration of the new office at 8 Rockwell in Makati City.

It is the second global center established by PMI after the first facility in Krakow, Poland.

The global service hub is part of PMI’s multi-year investment and economic value creation plan in the country that would create almost 1,000 new jobs on top of the two million direct employment and dependents of the rotational rice-maize- tobacco industry in both upstream and downstream of the value chain.