SourceFit

OCTOBER 2, 2014

The Philippines’ business process outsourcing (BPO) industry is on track to hit an estimated $25 billion in revenue by 2016. As the country continues to add higher value propositions to its traditional contact center offerings, the BPO industry expects increased traffic in the next two years. million employees on the same year.

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SourceFit

FEBRUARY 17, 2015

Philippine BPO, remittances and other factors are expected to drive the Philippines toward a gross domestic product (GDP) that’s projected to outdo China’s slowing economic growth by 2016 according to Citibank’s 2015 Annual Outlook GDP forecasts. . percent GDP in the fourth quarter of 2014 and recorded an overall 6.1

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SourceFit

NOVEMBER 4, 2014

will drive the growth of the Philippines’ Information Technology-Business Processing Management (IT-BPM) and offshoring sector, according to Department of Science and Technology (DOST) secretary Mario Montejo. The so-called Next Wave Cities are expected to boost the industry’s revenue to $18 billion by the end of 2014.

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SourceFit

MAY 19, 2014

The Philippines’ booming business process outsourcing (BPO) industry is expected to continue its strong growth in 2014, consequently pushing local real estate development and prices upwards. Commercial and office spaces for BPOs will be on huge demand as more companies engaged in I.T. Not Only Office Buildings.

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SourceFit

NOVEMBER 9, 2013

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. . The country’s BPO sector is projected to reach 6.8 “[The] Philippines accounts for 15 percent of the global BPO market. Aquino steps down in 2016.”

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SourceFit

FEBRUARY 9, 2015

Outsourcing Philippines or the offshore outsourcing industry in the Philippines and remittances from overseas Filipino workers remain the two main drivers of economic growth in the country. Meanwhile, remittances from Filipinos working abroad remain a key driver, and are estimated to have reached $26 billion in 2014. .

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SourceFit

MAY 22, 2015

percent clip within the next five years due to strong performance of Outsourcing Philippines, the country’s information technology and business process outsourcing (IT-BPO) sector, according to market intelligence firm IHS. billion in 2014, also helps boost economic prospects. GET MORE BPO News Philippines 2015.

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Magellan Solutions

AUGUST 31, 2022

You must be ready to handle any risks or challenges you may encounter before you employ an offshore staff. . Here are reasons why companies outsource some of their tasks to business process outsourcing ( BPO ) companies. . In 2014, the Financial Conduct Authority (FCA) issued the banks a £42 million fine. TAKE NOTE: .

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Outsourcing Banking Offshoring Out-Tasking 75

SourceFit

JUNE 6, 2015

The Philippines remains a favorite destination for company-owned, outsourced contact centers, global in-house centers (GIC) and offshore captive centers. Everest Group explained that the offshore captive center model is again in vogue this year, and alternative locations are benefiting. . GET MORE Philippine BPO 2015 News.

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SourceFit

NOVEMBER 12, 2014

percent in Q3 according to BPO and IT outsourcing research and analysis firm NelsonHall’s quarterly IT outsourcing index. NelsonHall director of ITO research Dominique Raviart said the third quarter of 2014 was a “landmark quarter”? Public sector bookings were down 70 percent, also with low TCV levels.

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SourceFit

FEBRUARY 3, 2015

percent) of the gross domestic product (GDP) and was the largest contributor to growth in the fourth quarter of 2014. . The services sector, led by Philippine business process outsourcing (BPO), grew by 6 percent in Q4 last year, the same growth for 2014’s total year average. Reference: – [link].

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SourceFit

MAY 26, 2015

Revenues from Philippines Outsourcing, the country’s offshore outsourcing sector, are expected to outpace remittances from Filipinos working abroad in a few years, according to the central bank of the Philippines or Bangko Sentral ng Pilipinas (BSP). GET MORE BPO News Philippines 2015. Outsource Bookkeeping Philippines.

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SourceFit

DECEMBER 9, 2014

Commitments from business process outsourcing (BPO) companies are driving the growth in the office sector, while the residential sector attracts investments from the expatriate community and Filipinos working abroad. In the third quarter of 2014, Philippine real estate activities increased to 8.9 Santos added. Reference: – [link].

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SourceFit

JUNE 2, 2015

billion in 2014. Offshore Staffing Solutions Philippines. – GET MORE BPO News Philippines 2015. The current account reached $12.6 However, the IMF cautioned that internal and external risks to growth remain, such as disruptive changes in asset prices due to contradictory monetary policies in developed economies. .

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