SourceFit

DECEMBER 19, 2014

The Philippines is more resilient than other countries, with remittances soaring and the business process outsourcing (BPO) industry booming despite shocks in Russia, Japan, the Unites States and Europe, according to National Economic and Development Authority (NEDA) director general and economic planning secretary Arsenio M. Balisacan. He added that the country has a strong outsourcing industry, with multinational companies continuing to expand operations.

BPO 40

BPO Manufacturing Call Center Business Process Outsourcing 40

SourceFit

DECEMBER 18, 2014

ING Bank, a multinational financial company, will expand its back office operations in the Philippines to serve a growing number of clients in Asia and Europe. The Amsterdam-based financial services group aims to double its current staff in the country by the end of 2016, according to ING Global Services and Operations Inc (GSO) president and chief executive officer Nigel Smith.

Banking 40

Banking Finance Shared Services Accounting 40

SourceFit

DECEMBER 15, 2014

The Philippines is expected to be the top performer among the ASEAN-5 in terms of expansion within the next five years, according to the Organization for Economic Co-operation and Development (OECD). The OECD said growth forecasts in the region that includes Southeast Asia, China and India are “favorable overall,”? even with domestic and international risks.

Government 40

Government Jobbing 40