BUSINESS PROCESS OUTSOURCING

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Information technology and business process outsourcing (IT-BPO) is the fastest-growing employment and one of the highest revenue generating economic sector in the Philippines today. IT-BPO is the biggest of our Seven Big Winners, because of its current size, high growth rate, and potential to employ millions of Filipinos.

Background

The sector originated from data-entry and software-writing services in the pre-Internet years and has grown exponentially during the past decade. Beyond call center services, a wide variety of other business processes are fulfilled over the Internet or leased lines.... [ Read This Chapter ]

Recommendations

Strengthen the industry with a robust legal framework, passing five key bills and opposing legislation that harms the IT-BPO investment climate. The 15th Congress should pass as soon as possible... [ Read This Chapter ]

Senate leaves BPO perks intact in TRAIN

13 October, 2017 at 14:51

Noting that the BPO industry has been one of the country’s biggest job generators, the Senate left intact the Business Process Outsourcing (BPO) industry’s tax incentives to enable the Philippines to continue attracting more investments that would spur employment and economic growth.

[OPINION] Business model, disrupted

10 October, 2017 at 14:00

If the Philippines were a company, its business model would be facing disruption.

BPO sector forecast to rebound in early...

28 September, 2017 at 17:37

The Philippine business process outsourcing (BPO) industry is likely to rebound by early 2018 after a “rebalancing” phase arising from a perceived escalation of “country risk” amid some concerns on the peace…

BPO exec criticizes ‘grandfather’ clause in Senate’s...

25 September, 2017 at 13:00

The Senate version of the administration’s first tax reform package would be keeping a crucial tax perk enjoyed by a subsector of the business process outsourcing (BPO) industry, albeit it would not be extended to new job offers starting next year.

[OPINION] BPO sector at risk

22 September, 2017 at 16:37

A series of events during the past months is nibbling at our once-unshakeable optimism for the country’s business process outsourcing industry.

Commentary: Enhancing human capital in the 10-point...

21 September, 2017 at 14:00

What do we need to advance this country over the long term?

Korean firms leave Philippines for Vietnam

25 August, 2017 at 13:00

Korean manufacturing companies in the Philippines are packing up and leaving the country for Vietnam where they see lower costs and an easier way of doing business.

Arangkada forum to explore PHL industrialization

24 August, 2017 at 10:47

Foreign businesses are looking forward to helping the Philippines reach the next level of development by helping it diversify away from economic pillars like business process outsourcing (BPO) by boosting agriculture, among other sectors.

[OPINION] Technology, the dragon slayer

18 August, 2017 at 10:00

Companies that don’t have a digital strategy are toast.

5,000 elite jobs in BPO sector at...

8 August, 2017 at 15:30

The Philippines stands to lose around 5,000 top caliber and financially rewarding jobs in a subsector of the business process outsourcing (BPO) industry…

Philippines Vows to Defend Its Outsourcing Empire

2 August, 2017 at 10:06

The Philippines’ $23 billion outsourcing empire is facing mounting risks: China is rising quickly as a competitor, the government wants to cut some incentives and a siege in the south of the country is worrying investors.

Revenue loss due to tax perks down...

28 July, 2017 at 13:00

Activities related to the country’s top dollar earners—business process outsourcing and electronics—cornered the bulk of tax incentives given away by the government in 2015 totaling P104.4 billion, latest Department of Finance data showed.

The Sixth Anniversary Arangkada Philippines Forum: Implementing...

12 July, 2017 at 10:44

The Sixth Anniversary Arangkada Philippines Forum of the Joint Foreign Chambers (JFC) of the Philippines will be held at the Marriott Grand Ballroom on September 14, 2017.

BPO firms’ tax perks to stay under...

11 July, 2017 at 15:17

The Department of Finance yesterday said business process outsourcing (BPO) companies need not worry about the government’s first tax reform package as they would continue to enjoy a number of fiscal perks enough to sustain their robust growth.

5-mo BPO investments down 35%

30 June, 2017 at 14:56

Amid fears of political uncertainty under the Duterte administration, new IT-BPM investments registered under the Philippine Economic Zone Authority (Peza) have fallen by more than a third in the first five months of the year, showing “alarming” signs…

BPO sector says no to removal of...

30 June, 2017 at 13:32

The IT and Business Process Association of the Philippines (IBPAP), which represents the sector that has become one of the pillars of the Philippine economy, warned that provisions in the first tax reform package…

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