The business process outsourcing (BPO) industry has been growing continuously since it started. According to Smartsheet, the sector is worth over $300 billion globally, proving its popularity among businesses, whether big or small. This industry can be divided into three categories. The divisions are based on the location of the outsourcing company. Onshore Often known […]
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EIU Sees Philippines among the Fastest Growing Economies in 2020s
The Economist Intelligence Unit report revealed that the country’s economy is expected to enjoy significant growth in this new decade, according to the Inquirer. This is good news not just for local businesses. Rather, a strong economy also benefits businesses who outsource their operations or has an offshore company here. Besides the businesses, the people […]
PEZA and IT-BPM sector Want to Expand in Manila Further
Being the capital of the Philippines, Metro Manila has become the metropolis it is today. All those tall buildings, a combination of history and modernity, now house offices catering to providers to both international and local clientele. But Manila doesn’t stop there. Manila Bulletin reported that a government organization and one sector want to expand […]
EcoZone Ban in Metro Manila Hampering IT & BPO
The country is facing a stall in IT centers due to President Rodrigo Duterte’s ban on economic zone development in Metro Manila. According to reports, there are a total of 131 applications for information-technology centers and parks dedicated to business-process outsourcing (BPO) firms in the country. However, the current ban can be detrimental to the […]
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, […]
BPO and Gaming are Growth Drivers
Office spaces in Metro Manila is a lucrative business. All thanks to the continuous interest from BPO and gaming firms, the increase in demand continues. However, that’s not all as their interest in the country is also important in cybersecurity, according to an executive from IBM, a multinational information technology company. According to a report […]