Developers would continue to build
office spaces for the business process outsourcing (BPO) industry for the next five years with the Philippines still looking good as the
outsourcing destination. Read more
Thursday, January 24, 2013
Strong rupee alarms local BPO industry
For the Philippines’s $13-billion business-process outsourcing (BPO)
industry, the peso’s surge has been compounded by a slide in larger
rival India’s rupee.
The peso’s 6.5-percent gain to 40.618 per dollar in 12 months makes it Asia’s best performer, according to data compiled by Bloomberg, while the rupee’s 6.7-percent slump to 53.67 is the region’s third-worst decline. Both currencies traded around 44 to 45 versus the greenback two years ago. Read more
The peso’s 6.5-percent gain to 40.618 per dollar in 12 months makes it Asia’s best performer, according to data compiled by Bloomberg, while the rupee’s 6.7-percent slump to 53.67 is the region’s third-worst decline. Both currencies traded around 44 to 45 versus the greenback two years ago. Read more
Thursday, January 10, 2013
CCCI optimistic BPOs will stay in Philippines
CEBU, Philippines - Cebu Chamber of Commerce and Industry President
Prudencio Gesta shares the same optimism with other business leaders
that the business process outsourcing industry will stay in the country
despite the strengthening of the peso against the dollar. Read more
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