article thumbnail

2022 Latest Report: Statistics on the Philippine BPO Industry

Magellan Solutions

Statistics on the Philippine BPO Industry for the year, 2022. There were undoubtedly many disruptions that caused havoc for businesses in 2020 and this also affected the Philippine BPO Industry. The Philippines must concentrate on improving and strengthening its BPO sector. BPO Industry in the Philippines Statistics 2021.

BPO 40
article thumbnail

Philippine IT BPO Revenues to Reach $3B in 2016

SourceFit

The country’s information technology and business process outsourcing (IT-BPO) . Mercado said the industry can “easily” reach $3 billion in 2016, which represents only a 14 percent increase, as it is already posting that growth rate. The IT-BPO industry generated $18.9 billion in 2015. Reference: – [link].

BPO 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

1.3M Jobs in Ph BPO by 2016

SourceFit

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. With support from government and academic and training institutions, we expect to meet that goal of employing 1.3

Jobbing 40
article thumbnail

BPO Philippines on Track to Meet $25B Goal for 2016

SourceFit

Mercado based his positive expectations on the number of BPO firms expanding their operations and on new locators. . BPO Philippines revenues hit $7.1 Meanwhile, total service exports that include non-commercial services are not expected to meet the government target of $24.4 billion in the third quarter of 2014, 11.8

BPO 40
article thumbnail

What To Expect From The BPO Industry In 2018

Magellan Solutions

percent recorded in 2016. He added that our adequate foreign exchange reserves, declining external debt ratio, and sustained flows of remittances and revenues from business process outsourcing (BPO) industry “give investors comfort about the Philippines’ resilience to future external shocks.”. The full-year GDP growth averaged 6.7

BPO 63
article thumbnail

Philippine BPO Revenues, Remittances to Offset Trade Deficit

SourceFit

Revenues from Philippine BPO companies and remittances from overseas Filipino workers (OFWs) continue to offset the growing trade deficit, according to Bangko Sentral ng Pilipinas (BSP) governor Nestor A. PH BPO Sector Remittances. Philippine BPO Receipts. Meanwhile, business process outsourcing (BPO) receipts reached $5.5

BPO 52
article thumbnail

$25B revenue targets for BPO in 2016

SourceFit

The Philippines business process outsourcing (BPO) industry is eyeing $25 billion revenue by 2016, through a concerted effort for a stronger public-private partnership (PPP) and continuous improvements on the talent supply it is possible to achieve this target. The post $25B revenue targets for BPO in 2016 appeared first on.

BPO 40