Sat.Feb 14, 2015 - Fri.Feb 20, 2015

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Sourcefit Joins IBPAP

SourceFit

Sourcefit Philippines Inc. is now a member of IBPAP (Information Technology and Business Process Association of the Philippines). IBPAP is the country’s umbrella association for the local IT-BPO industry, with the goal of making the Philippines the world’s top destination for voice and non-voice outsourced services. The association is instrumental to the success of the information technology and business process management (IT-BPM) industries, which are currently two of the biggest d

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Philippine BPO, remittances to drive GDP past China by 2016

SourceFit

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. . The report cites the Philippines’ strong performance, with its rising foreign direct investments, remittances from Filipinos working abroad, a booming Philippine outsourcing sector, and record-high real estate activities.

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Township Projects to Boost Philippine Outsourcing Industry

SourceFit

More than 20 new real estate developments in Metro Manila and areas outside the capital are under development to boost the Philippine outsourcing industry as well as the retail sector. The outsourcing industry in the Philippines is currently the number one driver of demand for office space, responsible for 67 percent of transactions in 2014. According to JLL associate director Lylah Fronda-Ledonio, the figure will increase to 80 percent by the end of the year. .