Archive for the ‘ BPO Industry ’ Category

Growing Partnership of Filipino and Israeli Businessmen Aims to Triple Trade

Filipino and Israeli businessmen aim to triple bilateral trade amid glowing partnership prospects.

During a business forum on Monday, Philippine Chamber of Commerce and Industry (PCCI) President Miguel B. Varela said two-way trade between the Philippines and Israel amounted to the maximum amount $250 million as of last year.

Lease Rates and Stable Office Supply Assured by BPOs

The Business Process Outsourcing sector will continue to create majority of the demand for real estate, supported by a wide market of residential buyers, property consulting company CBRE Philippines said on Wednesday.

Joey M. Radovan, CBRE Vice Chairman and Global Services Head said that only Makati is seen to have greater prices this season due to its reducing area, with the other places, such as Fort Bonifacio and Quezon City predicted to maintain their lease levels.

BPO as the Property Driver in Philippines

The Business Process Outsourcing (BPO) industry in the country is continuing to rise, and  demand for commercial and office space is also growing.

Vice President Jejomar C. Binay, chairman of the Housing and Urban Development Coordinating Council (HUDCC) said that they expect the Philippine real estate firm to rise  further because of the BPO industry’s speedy growth and of course there will also be demands for residential units that are close to employment sites.

Philippines: A rising Star For Real Estate Investment

Based on ABS CBN news, the appeal of Philippine investment is actually growing for property investment and development. This are from the results of just recent study, Emerging Trends in Real Estate 2013, accomplished by PricewaterhouseCoopers (PwC) along with the Urban Land Institute (ULI). Around 400 industry experts who give feedback in 22 cities around the Asia-Pacific region and Manila was graded as number 12 top investment destinations.

With regards to property shareholders, Indonesian capital Jakarta was the highest followed by Shanghai and Singapore. Manila is goes up for six positions coming from eighteenth place. In the previous years the location has completely outclassed merely decrease ranks from the study because this year, Philippine capital had beaten Tokyo, as well as Seoul as a leading in investment destination.

Choose The Best Option For Offshore Outsourcing

It is a fact that in today’s business world, offshore outsourcing is a trend now which is very possible for companies who want to develop their business or simply reduce their overhead.

As an entrepreneur, you would definitely want to reduce the costs of running your business without sacrificing the functionality of your business. By outsourcing your company or at least part of your business, you can indeed expand and reduce operating expenses.

You should also consider which country you should outsource your business in. People from different countries have different cultures and education. You have to choose which people, culture and educational standards that your company can benefit.

BPO Sector Jacks Up Revenue Goal To $26B By ’15

The country’s business process outsourcing (BPO) sector is batting for a higher growth target as the global economic conditions become more conducive to the subcontracting of work by companies in developed markets.

“Overall, we just increased our target to $26 billion in revenue for 2015,” said Rainerio “Bong” Borja, president of Aegis-People Support, one of the largest BPO companies operating in the Philippines.

Borja is also a director of the Business Processing Association of the Philippines (BPAP), the business outsourcing industry’s main marketing arm.

The industry’s latest earnings projection is higher than its previous forecast of $25 billion for 2015 and double the expected revenue of $13 billion for this year.

Experts Predict Clear Skies Ahead For the Philippines BPO Industry

Considered one of the most dynamic sectors in the world, the Philippine market BPO should continue on a positive trend this year. Experts from Business Processing Association Philippines provide an annual increase of at least 4-10% of global market share, coupled with an expected turnover of at least $ 10-12 billion. An annual hiring rate of 150 000 is also provided, thereby establishing the Philippines as one of the best choice for BPO destinations in Asia.

 

Outsourcing To Philippines Is Effective

Outsourcing to Philippines may be a new effort for some companies, but to those who were in outsourcing before, outsourcing to Philippines has helped a lot. It helped them in terms of financial matters. Outsourcing the Philippines was helpful enough that some companies have developed their activities due to the fact that outsourcing in the Philippines saves them from high expenses. Studies have also shown that working with the Filipinos have not failed firms as workers are very effective and have been sufficiently useful to society.

Call Center Industry Success Due To Outsourcing

Outsourcing is the process by which a corporation, like a business, that gets another company to help in the business process or specific services in which the entrepreneur wants to achieve. And according to many experts, outsourcing is one of the few factors that contribute to economic growth of a country. A popular example is the industry of call centers in the Philippines.

Success through outsourcing, according to many experts in the Philippines, the call center industry is one of the most successful industries across the country. It is even known as the Sunshine Industry of the Philippines because of its massive expansion over the last 10 years. It is considered one of the most dynamic sectors in the economy.

BPOs Need Accountants, Nurses, Engineers

MANILA, Philippines – The business process outsourcing industry offers job opportunities for new graduates and professionals, such as nurses, accountants and engineers.

Business Processing Association of the Philippines (BPAP) president and CEO Benedict Hernandez said the industry offers a hundred thousand IT-BPO jobs for financial analysts, engineers, accountants, doctors and nurses, artists, business graduates, and other professionals on its website Work Abroad. Live Here (www.workaboardlivehere.com).

BPAP launched the career portal to increase awareness of career opportunities in the IT-BPO industry.

BPAP senior executive director Gillian Virata said many still don’t know that IT-BPO has 20 different segments, employs 640,000 Filipinos and generated $11 billion in revenues last year.