Fueled by advancements in computer technology, the Online Gaming industry has become one of the biggest moneymakers in the Philippines today. As responsible online gaming becomes an accepted form of recreation or diversion for a number of Filipinos, the annual profits of online casinos, bingo, and sports-betting companies keep increasing at a tremendous rate. PhilWeb, one of the largest online gaming companies in the Philippines today, posted a profit increase of 52% in the first quarter of 2010 alone.
Cebu is the oldest city in the Philippines and one of the foremost domestic shipping ports in the country. Rife with historical significance, the city is now home to the largest commercial center outside Manila and one of the fastest growing real-estate markets in the country. Hailed as the “Queen of the South”, Cebu is a developed metropolis with the idyllic charms of an exotic island destination.
Business Process Outsourcing (BPO) is one of the fastest-growing industries in the Philippines today. Since it’s advent, the industry has experienced steady growth in annual revenue, boasting a 23% increase in 2009 alone.
Outsourcing companies in the Philippines can opt for either PEZA or BOI Registration to obtain tax incentives in their respective fields of enterprise.
The Philippine BPO market is expected to continue on a positive trend. Experts at the Business Processing Association of the Philippines project an annual increase of at least 4-10% in global market shares, coupled with an expected revenue of at least $10-12 billion.
As the Philippine BPO Industry expands, foreign investors continue to inject capital and resources into the economy, resulting in job creation for the local work force. A key to this unprecedented growth is the recently developed SVEG, short for Special Visa for Employment Generation, a non-immigrant visa which is enabling foreigners to create business opportunities in the Philippine market.
The Fort is proving its worth as a pot of gold for the local real estate market. As business prospers in the area, luxury residences and office buildings are rising up from the fields and empty lots.
Whether you choose the central business district (CBD) or a more affordable option, there are many office buildings located very close to public transportation and in very safe areas. These are perfect buildings for any call center, contact center, IT and other BPO company in Makati, Metro-Manila.
K&C has relationships with many small and medium size call centers and BPO companies in the Philippines including Makati, Ortigas, Manila and Fort Bonifacio. We offer brokerage services for companies interested in aquiring call centers and BPO companies in the Philippines.
Foreigners or non-Philippine nationals arriving in the Philippines as tourists, employees, for medical attention, investors or retirees must comply with Philippine Immigration Law which is enforced by the Philippine Bureau of Immigration. K&C assists individuals with obtaining visas and work permits with the Philippines Bureau of Immigration and the Department of Labor and Employment.