One of the fastest growing industries in the Philippines today is BPO or Business Process Outsourcing. The recent growth in the industry made Philippines outsourcing services the most sought BPO in the South East Asia region. The outsourcing industry begun to experience expansion in early 2000, only a handful of BPO providers and employees were available. But as the BPO sector in the country continues to develop, more and more foreign investors are enticed to explore their opportunities in expanding their business with Philippine BPOs. The annual growth is attributed mainly on several factors like lower labor costs with high quality output, the country’s adaptability to western culture, and a highly skilled pool of workforce.Next to Canada and India, the Philippines is considered to be the third largest offshore outsourcing destination in the world. At present, the country’s ...
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