August, 2011

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Philippines – An Ideal Investment Destination

SourceFit

Many foreign companies choose to invest in the Philippines for two main reasons – skilled workforce and competitive labor costs. The Philippine Economic Zone Authority (PEZA) stated that companies prefer Filipino workers because they are easily trained, industrious, computer literate, can speak English well and are willing to work longer hours at a cheaper cost. “These are the main reasons why the Philippines continues to attract more foreign investors,” a PEZA representative a

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$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. “This requires growing the talent base, improving the relevance of education, imparting the employability skills, attracting more graduates and schools to the sector, and up-skilling and retaining experienced staff,” said Raym

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