A selection of the latest news on outsourcing and productivity.

News for May 2012

PH on Path to Development from Agricultural to Services Economy - ADB

The Philippines is a good example of a country thatâ's taking the development path from an agricultural economy to an economy that is supported by services, according to Asian Development Bank (ADB) country director for the Philippines Neeraj Jain, ...




PH Emerging as Top Investment Destination for Multinational Companies

The Philippines is becoming a favored investment destination for large multinational companies that hope to expand and diversify their manufacturing operations worldwide, according to an official of investment banking giant BofA Merrill Lynch. He...




IBM Further Tapping Filipino Tech Expertise

Information technology company IBM is set to expand its business in the Philippines and establish several research and development (R & D) centers in several locations in the country. This will be done through a partnership with the Department of...




PH, ADB to Provide $650,000 Technical Assistance to IT-BPO Sector

The Philippine government, represented by the Department of Finance, and the Asian Development Bank (ADB) signed a memorandum of understanding (MOU) to grant $650,000 in technical assistance to the Philippines' Information Technology-Business...




PH among Five Mature Locations for Software Services

Citing two global industry reports, Philippine Software Industry Association (PSIA) President Nora Terrado recently said that the Philippines is now considered one of five "mature locations" providing outsourced software services. The PSIA...




PH Top Country in Business English

A recent study by GlobalEnglish Corporation showed that the Philippines leads the world in business English proficiency among its workforce, beating even the United States, Canada and Australia. The Philippines is the only country to reach...




More Working-Age Filipinos in BPO Will Boost PH Economy

The Philippines is nearing a point where the majority of its citizens will be of working age and will have the ability to contribute to the growth of the economy, Bangko Sentral ng Pilipinas (BSP) Gov. Amando M. Tetangco Jr. said. Tetangco - who ...




15% Annual Growth for Ph BPO - NEDA

The National Economic and Development Authority (NEDA) is projecting growth of at least 15% annually for the Philippines' Business Process Outsourcing (BPO) sector. According to NEDA Assistant Director General Ruperto Majuca, the estimated 15...





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