SourceFit

FEBRUARY 20, 2015

Sourcefit Philippines Inc. is now a member of IBPAP (Information Technology and Business Process Association of the Philippines). IBPAP is the country’s umbrella association for the local IT-BPO industry, with the goal of making the Philippines the world’s top destination for voice and non-voice outsourced services. The association is instrumental to the success of the information technology and business process management (IT-BPM) industries, which are currently two of the biggest d

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SourceFit

FEBRUARY 17, 2015

Philippine BPO, remittances and other factors are expected to drive the Philippines toward a gross domestic product (GDP) that’s projected to outdo China’s slowing economic growth by 2016 according to Citibank’s 2015 Annual Outlook GDP forecasts. . The report cites the Philippines’ strong performance, with its rising foreign direct investments, remittances from Filipinos working abroad, a booming Philippine outsourcing sector, and record-high real estate activities.

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SourceFit

FEBRUARY 16, 2015

More than 20 new real estate developments in Metro Manila and areas outside the capital are under development to boost the Philippine outsourcing industry as well as the retail sector. The outsourcing industry in the Philippines is currently the number one driver of demand for office space, responsible for 67 percent of transactions in 2014. According to JLL associate director Lylah Fronda-Ledonio, the figure will increase to 80 percent by the end of the year. .

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SourceFit

FEBRUARY 9, 2015

Outsourcing Philippines or the offshore outsourcing industry in the Philippines and remittances from overseas Filipino workers remain the two main drivers of economic growth in the country. According to Rajiv Biswas, Chief Economist for consultancy firm IHS Asia-Pacific, the Philippines has transitioned into a tiger economy over the last 10 years, after several decades of weak growth, high levels of corruption and poor performance, among other challenges. .

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Labor Costs

SourceFit

FEBRUARY 5, 2015

Metro Manila, Philippines remains a top BPO location and has now entered the list of the top 30 urban centers in the world. According to international property consultancy firm Jones Lang Lasalle (JLL), Manila and 29 other urban areas are projected to be centers of global commercial activity and hubs of real estate investment in the next 10 years. .

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SourceFit

FEBRUARY 4, 2015

Three Philippine outsourcing destinations moved up Tholons’ Top 100 Outsourcing Destinations 2015 as Manila retains spot as the no. 2 outsourcing location in the world. Established in 2006, the annual list promoted outsourcing locations in the Philippines such as Baguio City, Bacolod, and Iloilo City four, seven, and four spots up the list, respectively.

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