SourceFit
NOVEMBER 9, 2013
The Philippines is expected to remain on a “brisk growth path”? for the second quarter of 2013 thanks to strong domestic demand and the success of the business process outsourcing (BPO) industry according to Moody’s Analytics. . Moody’s Analytics is a division of Moody’s Corp., provider of economic and consumer credit analysis. .
Intugo
APRIL 30, 2013
Advanced Material Handling Ltd receives contract from a one of the largest power producers in the USA to engineer and design a complete ash handling system for a RDF facility. These conveyors will repla. The post AMH receives contract from a one of the largest power producers appeared first on Advanced Material Handling.
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SourceFit
NOVEMBER 2, 2013
The Philippines’ Department of Labor and Employment (DOLE) is urging nursing graduates to consider the more than 100,000 non-clinical but medical-related job opportunities in the healthcare information sector of the country’s business process outsourcing (BPO) industry. In an interview published in Manila Standard Today, Labor Secretary Rosalinda Baldoz cited a Bureau of Local Employment (BLE) report that also described the healthcare information sector as one of the fastest growing
SourceFit
OCTOBER 25, 2013
The business process outsourcing (BPO) industry in the Philippines is boosting the growth of the office space market in the country. . Property consultancy Jones Lang LaSalle’s Sheila Lobien, head of project leasing – markets, said in report published in abs-cbnnews.com that BPO firms make up 80 to 90% of pre-commitments and supply take-up of Metro Manila office spaces.
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SourceFit
OCTOBER 18, 2013
The Philippines’ Balance of Payments (BoP) surplus exceeded $1billion last July, an indicator of the country’s solid fundamentals according to the central bank. . July’s result was $1.099 billion, the highest in six months. The figure is also higher than the $692 million posted last June. Six months ago, the year opened with a $2.043 billion in BoP surplus. .
SourceFit
OCTOBER 14, 2013
The Philippines will host the 9th International Contact Center Conference and Expo (ICCCE) on August 28 to 30. Thousands of delegates from across the globe are expected to attend the conference and expo which will be held for the first time in Cebu City, Philippines. . This year’s theme is “Where the World Meets the Philippines.” .
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SourceFit
SEPTEMBER 7, 2013
The Philippines’ IT-BPO (Information Technology and Business Process Outsourcing) sector expects to hit $20 billion in revenues in 2014 as more outsourcing firms in the country are moving into high value services and generating more revenues. . During the recent quarterly CEO briefing of the Information Technology and Business Process Association of the Philippines (IT-BPAP), IT-BPAP senior executive director Gillian Joyce Virata told the press that achieving the industry’s $20 billi
SourceFit
AUGUST 30, 2013
Philippine Long Distance Telephone Co. (PLDT), the Philippines’ biggest telecommunications company, said recently that it has finished a P1 billion data network service expansion initiative that would help the continued growth of the country’s business process outsourcing (BPO) industry. PLDT announced that it tapped Cisco to upgrade its core network, to make it more secure, resilient, and future-proof.
SourceFit
AUGUST 18, 2013
The Philippine economy can manage the recent volatility of the financial market thanks to its strong fundamentals – buoyed by remittances and earnings from exports and business process outsourcing (BPO) firms – according to global credit watchers Standard & Poor’s (S&P) Ratings Services and Fitch Ratings. . According to the two financial service companies, the Philippines will not only remain afloat despite the sentiment-led market turbulence, its credit rating will rem
SourceFit
AUGUST 12, 2013
The Philippines’ information technology and business management (IT-BPM) sector posted 19% growth and generated more than 137,000 jobs in 2012 according to Information Technology and Business Process Association of the Philippines (IBPAP) president and CEO Jomari Mercado. . The IBPAP exec added that the sector is on track to hitting the US$25 billion revenue and 1.3 million employment targets by 2016.
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SourceFit
AUGUST 4, 2013
The Philippines’ information technology-business process outsourcing (IT-BPO) sector exceeded its revenue target for 2012 according to the Information Technology and Business Process Association of the Philippines (IBPAP). In an interview with InterAksyon.com, IBPAP president Jose Mari P. Mercado cited preliminary data which showed that IT-BPO firms in the Philippines reached combined revenues of $13.4 billion in 2012.
SourceFit
JULY 29, 2013
Following a 2012 performance that exceeded expectations, the call center industry in the Philippines has revised its targets to $15 billion in revenues and 876,000 employment opportunities by 2016, according to a report from the Contact Center Association of the Philippines (CCAP). . The report, cited in an article published in InterAksyon.com, showed that call centers in the Philippines posted a total of $8.6 billion in 2012, clearly breaching the $8.4 billion target for the year.
SourceFit
JULY 20, 2013
French Chamber of Commerce in the Philippines (FCCP) president Cyril Rocke said that the Philippines has the economic potential to become an investment hub in Asia. . The FCCP exec, who seeks to promote its members’ interests in the Philippines and foster “closer relationships”? with the business community in the country, said in an interview published in Sun Star, “The standard of living in the Philippines is increasing, leading to improved consumption and investment opp
SourceFit
JULY 7, 2013
The Information Technology and Business Process Association of the Philippines (IBPAP) and government agency Technical Education and Skills Development Authority (TESDA) have set a partnership with the Korean government for training programs for animators and game developers from the Philippines. . Aimed at further boosting the digital outsourcing sector in the Philippines, the training program was supported by the Korean Chamber of Commerce and Industry (KCCI) and the Korea International Cooper
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SourceFit
JUNE 20, 2013
American company Emerson is investing P2 billion to augment its BPO (business process outsourcing operations in Metro Manila, the Philippines over the next few years. . George Mulligan, Emerson Manila Shared Services general manager, said in a news briefing held recently that Emerson, one of the biggest companies in the United States, “is making a significant investment”?
SourceFit
JUNE 12, 2013
The Philippines received a credit rating upgrade to investment grade from global rating agency Fitch Ratings; a first in the country’s history. An investment grade rating from global debt watcher Finch Ratings is a vote of confidence for global investors to pour in capital in the country. . In a statement posted on the Fitch Ratings official site, the rating agency said that the “Philippine economy has been resilient, expanding 6.6% in 2012 amid a weak global economic backdrop.”
SourceFit
APRIL 22, 2013
The Information Communications Technology (ICT) in Davao City, a metropolis in the southern part of the Philippines, expects a 30% jump this year in terms of jobs in the business process outsourcing (BPO) sector. . ICT-Davao president Lizabel Holganza said in an interview published in Sun Star that she expects last year’s upward trend in the BPO sector to continue in 2013, especially after more industry players have eyed Davao in particular to be the host of their next BPO centers. .
SourceFit
APRIL 16, 2013
The Asia-Pacific region continues to rise as one of the top IT outsourcing destinations in the world. According to the Asia-Pacific TPI Index, the region’s 2012 annual contract value (ACV) hit $3.1 billion. . This is 55% more than the 2011 figures. The increase, according to the index from The Information Services Group (ISG) – which tracks contracts in commercial outsourcing that are worth $5 million and above – is due to impressive performances by business process outsourcing
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SourceFit
APRIL 9, 2013
The Philippines climbed 10 notches in a global of economic freedom ranking according to the 2013 Index of Economic Freedom, a survey released by The Wall Street Journal and Washington D.C.-based The Heritage Foundation. . According to the editors of the 2013 Index of Economic Freedom, the Philippine government’s efforts to stop corruption have helped push the country’s economic freedom ranking 10 notches higher, landing on the 97th spot among 177 territories and countries.
SourceFit
APRIL 1, 2013
Video games have become serious business not just in the Asia-Pacific region – which is expected to earn about US$30 billion in revenues by 2016, according to research conducted by Ovum – but in the Philippines, in particular. The game development sector in the country has already earned an estimated US$70 million; and that’s just from late 2011 to early last year. .
SourceFit
MARCH 25, 2013
The Philippine Software Industry Association (PSIA) and IT Promotion Agency of Japan (IPA) recently announced a mutual cooperation agreement to establish the Skill Standards for IT Professionals (ITSS). . This is a step to further improve and increase employment in the Philippines’ information technology (IT) and software development sector which both fall under the broader category of the BPO-IT industry. .
SourceFit
MARCH 11, 2013
Developers in the Philippines will continue to build more office space for the country’s business process outsourcing (BPO) sector in the next five years as it continues being one of the leaders in the global BPO industry. . CBRE Philippines president Rick Santos said, in an interview published in Philippine broadsheet Malaya, that the Philippines continues to be “one of the most cost-effective office space construction destinations in Asia.” He added that prospects are bright
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SourceFit
MARCH 3, 2013
Manila, the Philippines’ capital, is the third leading business process outsourcing (BPO) destination in the world, according to Tholons Inc. The advisory firm recently released its list of 2013 Top 100 Outsourcing Destinations which had India’s Bangalore and Mumbai at first and second place. Manila was at no. 4 in the 2012 and 2010 Tholons surveys. .
SourceFit
FEBRUARY 26, 2013
With the Philippines’ GDP faring better than expected in 2012, experts remain optimistic about the country’s economy for this year and the next. . “We maintain our view that the Philippines will experience solid growth in 2013 and 2014. A sovereign upgrade to investment grade could come earlier than our prediction of 2014 if infrastructure and investment growth outperform expectations,” Standard Chartered research analysts Jeff Ng and David Mann said in an interview publi
SourceFit
JANUARY 5, 2013
The Philippine business process outsourcing (BPO) industry will offer 120,000 more employment opportunities in 2012, which is in line with the industry target of employing 1.3 million workers in BPO by 2016. “We need motivated and highly qualified professionals. With support from government and academic and training institutions, we expect to meet that goal of employing 1.3 million,” Business Processing Association of the Philippines (BPAP) president Benedict Hernandez said recently
SourceFit
SEPTEMBER 28, 2013
Competitive talent and language skills are helping the Philippines, Canada and Poland catch up with India in terms of global business process outsourcing (BPO) market share. According to a report published in financialexpress.com, the $13.3-billion Philippine outsourcing sector posted 15.6% growth in 2013; which is significantly bigger than the 8.9% growth posted by India’s $20-billion outsourcing industry.
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