The umbrella organization of the IT business process outsourcing (IT-BPO) industry in the Philippines said the recent signing of the Data Privacy Act will increase the confidence of foreign investors, Manila Standard Today reports. Business Processing Association of the Philippines President and CEO Benedict Hernandez said the law brings the country “to international standards of privacy protection.” In a statement, Sen. Edgardo Angara noted the importance of balancing the free flow of information with privacy protections and said the implementation of the new law will require training of experts and added rules and regulations, the report states.
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