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Philippines is ranked 5th in the BPO Interests from Foreign Companies

According to the 2022 Outsourcing Performance Report of Outsource Accelerator (OA), a marketplace for the business process outsourcing (BPO) industry, the Philippines received one of the highest numbers of inquiries on outsourcing. Last year, the country ranked fifth in terms of inbound inquiries, accounting for 3.81 percent of total inquiries, indicating global businesses’ desire to […]

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PEZA Reduction in NCR Affects BPO Office Demand

The Philippines comprises of a number of special economic zones or SEZ. These zones are highly developed or areas with the potential to turn into “highly developed agro-industrial, commercial, tourist, banking investment, and financial [centers],” according to the Republic Act No. (RA) 7916. These zones welcome foreign and local investors in order to open more […]

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Slow Internet in Bohol Limiting BPO Growth

Bohol, an island near Cebu City, is already on the outsourcing radar as it prepares itself to welcome the Business Process Outsourcing (BPO) investments as well as high-value services. The Department of Trade and Industry (DTI-7) regional director Asteria Ceberte confirmed there are already outsourcing companies operating in the province. Despite the influx of BPOs, […]