April, 2015

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Philippine Infrastructure & Economy Expected to Grow in 2015

SourceFit

The Institute of Chartered Accountants in England and Wales (ICAEW) projected that the growth of the Philippine economy will accelerate and hit 6.2 percent in 2015, faster than 2014’s 6.1 percent growth. This figure is far below the 7-8 percent growth target set by the Philippine government. . The Philippines posted a 6.1 percent economic growth in 2014, much lower than the 7.2-percent posted in 2013.

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Outsourcing Philippines Reached $18.4B Revenue in 2014

SourceFit

The Philippines’ outsourcing industry (information technology and business process outsourcing) recorded S18.4 billion in revenues in 2014 or a growth of 18.7 percent. The strong performance IT-BPO Philippines was driven by increased demand from global companies for voice and non-voice services, global in-house centers (GICs), healthcare information management, gaming and animation, according to IT and Business Process Association of the Philippines (IBPAP) chair Danilo Sebastian L.

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BPO Philippines on Track to Meet $25B Goal for 2016

SourceFit

Philippines Outsourcing is on track to meet its goal of $25 billion in revenues, according to IT & Business Process Association Philippines (IBPAP) president Jose Mari P. Mercado. Mercado based his positive expectations on the number of BPO firms expanding their operations and on new locators. . BPO Philippines revenues hit $7.1 billion in the third quarter of 2014, 11.8 percent higher than revenues posted in Q4 2013.

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Philippine Game Development Industry to Match Success of Call Center Industry

SourceFit

The Philippines’ game development industry could be the next call center industry, said Philippine Trade Commissioner and Director Jose Dinsay during the Game Developer Conference at San Francisco, CA’s Moscone Center. Dinsay added that some companies, including Sony, are outsourcing some artwork to the country plus programming, software development and technical support services. . “We do a lot of artwork for them, some programming and tech support services.

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The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.