SourceFit

MARCH 27, 2012

Top United States bank Wells Fargo & Co. will be moving some of its business support activities that are non core to the Philippines; this despite the pending bill in the US Congress to dissuade US companies from outsourcing. . “We selected the Philippines to be part of Wells Fargo’s international footprint based on the country’s reputation for strong customer service, a large English-speaking population and a cultural affinity to the United States,” Wells Fargo Phili

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SourceFit

MARCH 26, 2012

With improving liquidity due to increasing deposits from the public and growing profitability “and as shown by the more than P1.5 trillion in funds deposited by banks in the Bangko Sentral ng Pilipinas (BSP) special deposit account facility” the BSP called on banks to increase lending to tourism and business process outsourcing (BPO), both considered high growth industries in the Philippines.

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SourceFit

MARCH 24, 2012

More than 100,000 medical-related jobs in the country’s fast growing business process outsourcing (BPO) sector are open to nursing graduates and other qualified candidates, according to a recent Bureau of Local Employment (BLE) report. Labor Secretary Rosalinda Baldoz cited this report as she encouraged Filipino nurses to consider a career in outsourced healthcare services.

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SourceFit

MARCH 17, 2012

The local BPO (Business Process Outsourcing) sector’s target revenue for this year is $13 billion, Business Processing Association of the Philippines’ (BPAP) Martin Crisostomo said in an interview with Philippine Star’s Louella D. Desiderio. The projection is based on expected higher revenues brought on by an increased demand for non-voice and voice subsectors of the Philippines’ BPO industry. .

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SourceFit

MARCH 13, 2012

The Philippines is heading for higher trend growth, with the growth of Business Process Outsourcing (BPO) as one of the drivers, according to CLSA Asia-Pacific, an investment house in the region. . Known as a research driven company and described by The Wall Street Journal’s Laurie Burkitt in an article as an “investment research group,” CLSA released its February 20 research titled “The Eagle Flies Again”?

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SourceFit

MARCH 3, 2012

Speaking during the launch of TESDA Specialista Technopreneurship Program (TSTP) held recently, President Benigno Aquino III said that he is inclined to increase the Technical Education and Skills Development Authority (TESDA) training budget for possible workers in the Information Technology-Business Process Outsourcing (IT-BPO) sector. . Delivering his speech in Filipino, President Aquino said that P500 million was provided to TESDA under the administration’s economic stimulus program.

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