SourceFit
DECEMBER 16, 2010
MANILA, Philippines – After challenging India for the top position for several years, the Philippines is now the world leader in business support functions like shares services and business process outsourcing, according to the latest reports and trends analyses. In fact, the country overtook India in these categories last year, according to IBM’s latest Global Locations Trend Annual Report, released recently in New York.
SourceFit
DECEMBER 6, 2010
The Philippines has become the call centre capital of the world, overtaking India as the number one player in the global business outsourcing market, according to industry data and the government. President Benigno Aquino has led celebrations in recent weeks as it has become increasingly clear that the Southeast Asian nation has become the world’s dominant player in the outsourced back-office operations industry.
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SourceFit
NOVEMBER 18, 2010
MANILA, Philippines – The Philippines toppling India as the world’s top destination for offshore business process outsourcing (BPO)? Sen. Miriam Defensor-Santiago thinks so, drawing from a recent visit to India where the industry was supposedly abuzz about the Philippines surging past the South Asian nation in five years. Full Story on Trade Union Congress of the Philippines.
SourceFit
OCTOBER 19, 2010
MANILA, Philippines – Call center agents employed in Metro Manila can look forward to much safer and healthy workplaces. The Department of Labor and Employment (DOLE) reported yesterday that the government is set to implement a comprehensive occupational safety and health program for business process outsourcing (BPO) firms in Metro Manila. Full Story on philstar.com.
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SourceFit
SEPTEMBER 17, 2010
The country’s business process outsourcing industry will likely register foreign exchange revenues of close to $10 billion this year, exceeding the government’s target of $9 billion, the Commission on Information and Communications Technology said Monday. Full Story on Manila Standard. The post BPO Sector Poised to Exceed $9-b Revenue Target appeared first on.
SourceFit
AUGUST 26, 2010
THE LOCAL business process outsourcing sector remains optimistic of further growth and expansion this year, due largely to the increasing acceptance of outsourcing as a cost-saving and productivity-enhancing measure. According to the results of a recent industry forum and a related survey, close to 80 percent of BPO companies in the Philippines expect to expand their workforce by 6 percent to as high as 80 percent in the next 12 months.
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SourceFit
JUNE 10, 2010
MANILA, Philippines – The booming business process outsourcing (BPO) industry in the country is unlikely to be affected by a US bill discouraging the outsourcing of American contact center operations overseas. Labor group Trade Union Congress of the Philippines (TUCP) said many American companies farming out their operations abroad are expected to lobby for the junking of the measure.
SourceFit
JUNE 8, 2010
MANILA, Philippines (Xinhua) – The Philippine business process outsourcing (BPO) industry is expected to grow by 26 percent growth target this year thanks to global economic recovery, the Commission on Information and Communications Technology (CICT) said yesterday. Full Story on philstar.com. The post Outsourcing Industry to Grow 26% This Year appeared first on.
SourceFit
MAY 12, 2010
Outsourcing provides businesses with a cost-effective solution to their IT needs and increases productivity, a leading chief executive officer (CEO) has said. Cery Perle, CEO of Spare Backup, computer security specialist, told CBR IT Services that his company was planning to outsource some of its IT and software development functions in a bid to improve its service.
SourceFit
APRIL 22, 2010
MANILA, Philippines (Xinhua) – The Philippine outsourcing sector is expected to grow by 26 percent this year as more global companies search for means to lower business cost. Full Story on philstar.com. The post RP Outsourcing Industry to Grow by 26 Percent This Year appeared first on.
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SourceFit
MARCH 1, 2010
MANILA, Philippines–THE BUSINESS PROCESS OUTSOURCING SECtor continues to be the country’s sunshine industry, generating more than $7.2 billion in revenues last year, a 19-percent increase from $6.1 billion in 2008. Full Story on Philippine Daily Inquirer . The post BPO Sector Generates $7.2B in Revenues appeared first on.
SourceFit
FEBRUARY 6, 2010
ILOILO CITY, Philippines – President Gloria MacApagal-Arroyo on Wednesday hailed the country’s significant advance in the Information and Communication Technology-Business Process Outsourcing (ICT-BPO) industry, saying the country was already challenging the global industry supremacy of India. Full Story on Inquirer Visayas, Philippine Daily Inquirer.
SourceFit
JANUARY 31, 2010
The local business process outsourcing (BPO) industry is bullish on sustained growth this year. The upbeat mood came on the heels of US President Barack Obama’s slashing of incentives for US firms that outsource offshore, in order to keep jobs for Americans. Full story on Manila Times. The post Local BPO Upbeat on Sustained Growth appeared first on.
SourceFit
JANUARY 20, 2010
MANILA, Philippines–The country’s business process outsourcing industry is expected to generate between $11 billion and $13 billion in revenue this year, as more companies turn to outsourcing and offshoring to cut costs and make operations more efficient. Full Story on Philippine Daily Inquirer. The post BPO Sector Seen Posting $11B-$13B in Revenue appeared first on.
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SourceFit
JANUARY 17, 2010
WITH THE GLOBAL ECONOMY getting back on its feet, the outsourcing industry is expected to continue booming, with worldwide revenues seen reaching $412 billion this year. Full Story on Philippine Daily Inquirer. The post Outsourcing Sector to Keep Growing appeared first on.
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