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Philippines IT-BPO Adjusts Projections for 2020 – 2022

The Philippines is currently undergoing a slow growth in the Information Technology and Business Process Management (IT-BPM) industry compared to the previous projections on the industry. The current projection, which is a revenue compound annual growth rate (CAGR) projection of 3.5-7.5% or $29-32 billion for 2020-2022, is lesser than 2016’s projection of 9%. On the […]

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BPO Driving Office Demand in Bacolod City

Despite the completion of building projects in the area, Bacolod City’s office vacancy is currently at a stable state. Colliers International Philippines revealed through a report that the capital of the province of Negros Occidental has an additional 11,000 square meters (118,000 square feet) of space, which is occupied by an outsourcing company. “The expansion […]

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Slow Internet in Bohol Limiting BPO Growth

Bohol, an island near Cebu City, is already on the outsourcing radar as it prepares itself to welcome the Business Process Outsourcing (BPO) investments as well as high-value services. The Department of Trade and Industry (DTI-7) regional director Asteria Ceberte confirmed there are already outsourcing companies operating in the province. Despite the influx of BPOs, […]

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BPO Hub Expansion in Iloilo City

The expansion of the Business Process Outsourcing (BPO) doesn’t stop within Metro Manila or even Bacolod and Davao. Now, the industry is looking at Iloilo City. The Mandurriao district in Iloilo City is an area seen as a preferred expansion site for the industry, according to the assessment of Colliers International, which is an international […]