SourceFit

APRIL 26, 2012

There is significant demand for professionals in Information Technology at Business Process Outsourcing (IT-BPO) hubs all over the Philippines, according to Business Processing Association of the Philippines (BPAP) president and chief-executive-officer Benedict Hernandez. That’s one of the reasons for BPAP’s latest campaign – a new career portal called “Work Abroad.

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SourceFit

APRIL 23, 2012

The Philippines’ Information Technology and Business Process Outsourcing (IT-BPO) sector earned $11 billion in revenues in 2011 and is set to hit targets projected in the sector’s Road Map 2016, according to Business Processing Association of the Philippines (BPAP) President and Chief Executive Officer Benedict Hernandez. The revenue figures mark a 24 percent increase over 2010.

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SourceFit

APRIL 21, 2012

The Philippines’ Information Technology Outsourcing (ITO) industry is experiencing tremendous growth and is set to capture twice its current global market share by 2016 according to Alejandro Melchor III, Deputy Executive Director, Industry Development of the Information and Communications Technology Office of the Department of Science and Technology (DOST-ICTO), who made the projection during a recently held membership meeting of the Philippine Software Industry Association (PSIA).

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SourceFit

APRIL 9, 2012

Three animation studios from overseas are eyeing the Philippines for their local units to be established within 2012 according to property consultant David T. Leechiu of real estate services firm Jones Lang LaSalle Leechiu (JLLL). Leechiu, the country head of JLLL, told Business World reporter Franz Jonathan dela Fuente in an interview that the three studios will establish operations in the Philippines and will hire animators.

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Labor Costs

SourceFit

APRIL 4, 2012

There will be brighter employment prospects for the Philippines in 2012 according to the World Bank (WB). In the Philippine Quarterly Update: From Stability To Prosperity, released recently, the World Bank said that the Philippines’ business process outsourcing (BPO) sector alone is expected to generate 100,000 new jobs for 2012. The World Bank said that the projected improvement in job prospects in the country is because of increased public spending and continued growth in the BPO sector.

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SourceFit

APRIL 1, 2012

The Philippine economy is forecast to grow 4.2 % for 2012 according to the International Monetary Fund (IMF). This growth is despite the risks to the world economy being posed by the sovereign debt crisis in Europe. . The IMF’s annual review of the country’s economy projected this modest 0.5 % increase for the current year; last year, the economy grew at a rate of 3.7 percent. .

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