Business Process Outsourcing News and Information

Good times rolling for Philippines. The outsourcing sector has recorded a super healthy 8.3% year increase on year on year estimate for third quarter of 2006. Along with that National Statistical Coordination Board says the overall growth also recorded 27.5 % in the miscellaneous services like contact center, medical transcription, animation, software development and other outsourced activities and likes.

In another report The National Economic and Development Authority (NEDA) says that outsourcing operations has obtained more than $3 billion in this fiscal and that the industry has been growing at scorching 30-40% annually.  

The all round positive vibe also echoed from another corner, The Contact Center Association of the Philippines. The body emphatically predicts a 100% growth for the year 2007.