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PH Offshoring on Track to Reach $25B Revenue

SourceFit

The Philippines’ business process outsourcing (BPO) industry is on track to hit an estimated $25 billion in revenue by 2016. The market also expects to employ about 1 million employees in 2014. The post PH Offshoring on Track to Reach $25B Revenue appeared first on. million employees on the same year.

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Philippine President Vows Continued Support for BPO Industry

SourceFit

Philippine President Benigno Aquino III said that the country’s business process outsourcing (BPO) and offshoring sector can grow further with government support. Aquino told business leaders that the BPO sector could employ 1.3 million Filipinos by 2016 from 2014’s 1 million.

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Philippine Outsourcing Growth Drives MLA Office Market Gains

SourceFit

The growth of business process outsourcing in the Philippines and the expectation of rent increases in Singapore are the main drivers for the gains in the Manila office rental market according to CBRE’s latest regional office market report for Asia-Pacific (APAC). . percent quarter-on-quarter. Manila and Singapore (up 3.3

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Promote Philippine Outsourced Services at the APEC – NEDA

SourceFit

The country’s main growth driver, the services sector which includes the Philippine outsourced services industry, accounts for over half (56.7 percent) of the gross domestic product (GDP) and was the largest contributor to growth in the fourth quarter of 2014. . Why NOW is the Best Time to Offshore to the Philippines.

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Outsourcing Philippines to Drive 5.5% Growth Until 2020

SourceFit

percent clip within the next five years due to strong performance of Outsourcing Philippines, the country’s information technology and business process outsourcing (IT-BPO) sector, according to market intelligence firm IHS. billion in 2014, also helps boost economic prospects. Biswas said.

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Philippine Outsourcing Continues to Drive Real Estate Growth

SourceFit

Commitments from business process outsourcing (BPO) companies are driving the growth in the office sector, while the residential sector attracts investments from the expatriate community and Filipinos working abroad. In the third quarter of 2014, Philippine real estate activities increased to 8.9 Santos added.

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BPO Industry Pushing More Developments in PH Real Estate

SourceFit

The Philippines’ booming business process outsourcing (BPO) industry is expected to continue its strong growth in 2014, consequently pushing local real estate development and prices upwards. and offshoring are either expanding their present local operations or looking to relocate to the Philippines.

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