SourceFit

DECEMBER 7, 2011

Leading telecommunication company Philippine Long Distance Telephone (PLDT) Co. announced recently that it has begun part of the construction of the Asia Sub-Marine Cable Express (ASE) which is aimed at increasing Internet connection speeds in countries across the Asia-Pacific. . The $300-million multinational submarine fiber optic system is good news for BPO firms, call centers, banks, small and medium enterprises and other companies that rely on the Internet for their business. .

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Intugo

FEBRUARY 20, 2011

Advanced Material Handling purchases new 6700 square foot warehouse and shop in Abbotsford British Columbia. This new facility will allow for continued future growthce old Dravco Wellman systems. These units will be commissioned January 2014. The post Advanced Material Handling purchases new warehouse appeared first on Advanced Material Handling.

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SourceFit

SEPTEMBER 26, 2011

Talented Filipino developers are increasingly supplying applications for mobile phones for both the domestic and foreign markets. The Philippines can take advantage of the popularity of mobile communication devices worldwide and serve as a centre for outsourcing mobile application development. These are statements made at the recent Power Mac Center Mobile App Development Seminar by Ramon Pastor, a speaker from Numlock Solutions. “Worldwide, demand is higher than the supply.

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SourceFit

SEPTEMBER 18, 2011

Senate Committee on Science and Technology Chairman, Senator Edgardo J. Angara, urged stakeholders in the Information Technology Business Process Outsourcing (IT-BPO) industry to fast track the expansion of non-voice and other knowledge process high-value-added services. “We should now aim to be more than just the contact center of the world. All IT-BPO stakeholders should help build on the efforts of Technical Education and Skills Development Authority (TESDA) and the Business Processing

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Labor Costs

SourceFit

SEPTEMBER 18, 2011

State Universities and Colleges (SUCs) are now aimingto become specialecozones under the Philippine Economic Zone Authority (PEZA). This was expressed in a series of forums conducted on September 7 to 9 by speakers from Ayala Foundation Inc., the Management Association of the Philippines (MAP), Land Bank of the Philippines, the business process outsourcing sector, and representatives of state universities and colleges, which are already carrying out successful income-generating projects.

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SourceFit

AUGUST 21, 2011

Many foreign companies choose to invest in the Philippines for two main reasons – skilled workforce and competitive labor costs. The Philippine Economic Zone Authority (PEZA) stated that companies prefer Filipino workers because they are easily trained, industrious, computer literate, can speak English well and are willing to work longer hours at a cheaper cost. “These are the main reasons why the Philippines continues to attract more foreign investors,” a PEZA representative a

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SourceFit

JULY 18, 2011

Manila, Philippines – Since the Philippines has already proved itself as the best option for voice services, the Filipino government is now focusing on developing the non-voice BPO industry. Incentive programs, infrastructure development, and client grants are being provided in order to attract more investors. The country has a lot of advantages that favors the growth of outsourcing industry locally.

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SourceFit

JULY 18, 2011

Manila, Philippines – In less than 10 years since business process outsourcing or BPO was introduced in the Philippines, the country is now considered as the world’s number one center for voice-based services. . Being one of the best English speaking countries that offer lower cost of labor, Philippines has been enjoying its position as one of the primary and preferred BPO destinations worldwide. .

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SourceFit

JUNE 20, 2011

Manila, Philippines – The information technology – business process outsourcing (IT-BPO) industry continues to thrive despite the challenges posed by the global economic crisis in 2009, Bangko Sentral ng Pilipinas (BSP) said. . IT-BPO industry generated total revenue of $8.3 billion in 2009 which is 30.6% higher than the 2008 revenue that amounted only to $6.3 billion.

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SourceFit

JUNE 20, 2011

Manila, Philippines – The local Business Process Outsourcing (BPO) sector is pushing to enter new markets with the aim of reaching untapped customers in United States and potential clients in Asia and the United Kingdom. Maulik Parekh, President of PLDT BPO firm SPi Technologies said that for the last 10 years more than 80% of BPO revenues and other outsourced services came from United States. “Now we have to look at where else to get the revenue.

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Flexibility

SourceFit

APRIL 10, 2011

MANILA, Philippines – Indian investors have committed to infuse at least $42 million in investments into the country to put up three energy projects and a pharmaceutical packaging facility in the coming months. Full Story on INQUIRER.net. The post Indian Firms Commit $42M in Investments appeared first on.

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SourceFit

MARCH 6, 2011

THE PHILIPPINES will continue to reap bounties from its burgeoning business process outsourcing industry, which has grown by leaps and bounds over the past few years, according to the World Bank. In its latest quarterly report on the Philippines, the World Bank pointed out that growing income of the BPO sector had more than made up for the decline in tourism revenue.

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SourceFit

FEBRUARY 8, 2011

MANILA, Philippines – Business process outsourcing (BPO) companies operating in the Philippines will have to innovate and start offering higher-value services to clients if the country is to be able to maximize the industry’s potential for growth in the next five years. Full Story on INQUIRER.net. The post BPO Revenues Seen Surging to $25B appeared first on.

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SourceFit

JANUARY 8, 2011

MANILA, Philippines – At least 84,000 jobs will be up for grabs in the business process outsourcing (BPO) industry in the country this year, the Department of Labor and Employment (DoLE) said on Tuesday. Full Story on Inquirer.net. The post BPOs to Hire 84,000 More Workers in 2011 appeared first on.

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Resource Optimizing

SourceFit

JANUARY 3, 2011

“CALL centers” and “business process outsourcing” (BPO) have become part of everyday conversation among Filipinos less than a decade ago, and there are no signs that these will be eased out of the active lexicon anytime soon. Full Story on Inquirer.net. The post Let the Sunshine In appeared first on.

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