Despite the dismal first-quarter growth mostly weighed down by world trade uncertainties, the Economist Intelligence Unit (EIU) sees the Philippine economy outperforming the region in 2025."We will maintain our forecast of 6.1-percent growth this year, accelerating from 5.7 percent in 2024, making...
Senator Sherwin Gatchalian has sought an investigation into the implications of a 17-percent reciprocal tariff imposed on the Philippines by the United States, the country’s largest export market. Gatchalian said it is important for the government to ascertain the potential impact of the...
Senator Sherwin Gatchalian has called for sustained action against Philippine Offshore Gaming Operators (POGOs) to ensure that the industry's remnants are effectively purged.“More than ever, we need to sustain our efforts to clear out all criminal syndicates that are products of POGOs. We must...
As the business process outsourcing (BPO) industry grows in the Philippines, an Australian-based service outsourcing firm aims to expand its job opportunities in the country.The Philippine Economic Zone Authority (PEZA) reported earlier this year that nearly 800 BPO companies were registered in the...
Senate President Francis "Chiz" Escudero clarified on Saturday, Aug. 10 that there are currently no plans to trim down the existing number of holidays in the country, or that it is a priority of the Senate. (MB file photo)"Ang polisiya ng Senado ay huwag nang dagdagan, hindi naman bawasan (The...
WASHINGTON, D.C.—Two leading international companies have told President Ferdinand "Bongbong" Marcos Jr. they intend to build facilities in the Philippines, bringing more jobs to Filipinos.
President Ferdinand 'Bongbong' Marcos Jr. meets with Moderna officials on Tuesday afternoon (Washington...
WASHINGTON, D.C.—The Philippines has secured an P800-million investment in medical business process outsourcing (BPO) that would create around 1,500 jobs.
(Photo courtesy of PCO)
In a meeting on Tuesday afternoon, May 2, President Ferdinand "Bongbong" Marcos Jr. received the investment pledge...
In today’s digital age, eCommerce businesses are constantly looking for ways to improve their customer experience (CX) to stay competitive and retain customers. One strategy that has proven effective for many online retailers and eCommerce providers is outsourcing certain front- and...
Back-office [outsourcing to the Philippines](https://business.inquirer.net/346471/contact-center-outsourcing-philippines-an-astute-business-move) has become a growing trend for companies looking to improve efficiency and reduce costs. However, the challenges of managing complex and repetitive...
The Philippines has become a leading destination for fintech support outsourcing. The country offers a large pool of English-speaking, highly educated workers, an in-depth understanding of the fintech industry, and cost-effectiveness, making it the ideal option for companies looking to expand their...
HP and the BPO industry
The Philippines’ business process outsourcing (BPO) industry continues to thrive, even amidst a global pandemic. In 2021, the sector grew to $29 billion with 100,000 new jobs. Indeed, the BPO industry plays a key role in the country’s road to economic...
More than two years into the pandemic, organizations in the Philippines are now slowly going back to their offices. With Metro Manila and most parts of the country now on Alert Level 1 the most lenient restrictions set by the authorities amid the current health crisis, companies are starting to...
