As the need for manpower and services in companies around the globe continually increase, so has the number of service providers worldwide offering solutions for business processes. In the Philippines, the business process outsourcing industry has experienced rapid growth since its establishment.
Online PR News – 04-March-2010 – – As the need for manpower and services in companies around the globe continually increase, so has the number of service providers worldwide offering solutions for business processes. In the Philippines, the business process outsourcing industry has experienced rapid growth since its establishment.
The Philippines has been endowed with a huge competitive, multi-skilled workforce delivering high quality, but cost-efficient services. These attributes resulted in making the Philippines a constant choice of multinational companies as their top source of service providers. All throughout the years the Philippines has embarked into business process outsourcing, many countries have seen and experienced the potentials and capabilities of Filipino workers. The reputation of easily available knowledge-based and skilled workers has gained the country numerous awards recognizing BPO in the Philippines as a flourishing industry that attracts foreign investors to explore the many possibilities of putting up business operations in the country.
In response, the Philippine government has been continually supporting the BPO sector by providing business parks or IT sites in key locations all throughout the country. At this point, the workforce sector is not the only one benefited. As business sites arise, the real estate industry is experiencing significant growth at the same time. Many of these major sites are located in Metro Manila and Cebu. Other minor sites are located in Bacolod City, Cagayan de Oro, Davao City, and some in Dumaguete, Iloilo, and Iligan City. Skilled workers from remote areas can then be easily reached and the vast resource tapped.
Despite negative speculations and oppositions, it is still expected that the outsourcing industry will continue to be a major key player in the Philippine economy in the coming years, helping the country boost up its reputation worldwide. In fact, a number of small service providers has demonstrated evidence of expansion by the circulating series of job ads posted in newspapers and in the internet.
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Contact: Von Rod Limpot