| BPO INDUSTRY PROFILE The Philippines’ business process outsourcing (BPO) industry targets to increase its size to a 900,000-strong workforce and increase its revenues to US$13 billion by 2010. This was revealed in a report entitled Offshoring and Outsourcing in the Philippines: Roadmap 2010, launched by the Business Processing Association of the Philippines (BPAP). Philippine Senator Mar Roxas was confident that the country’s BPO industry can increase its revenues and work force fourfold in four years, as projected by the BPAP. “We have the best people in the BPO industry on our side. As big a part as they have already played in our economy, I foresee even greater things ahead,” said Roxas. As former secretary of Trade and Industry, Roxas oversaw and encouraged the growth of the BPO industry,I am positive we can achieve the targets in the 2010 roadmap if we maintain the discipline and perseverance that we have already shown in years past,” Roxas, the chairman of the Senate committee on trade and commerce, added. He agreed with the BPAP’s recommendations to disperse investments nationwide, and to tap retirees, housewives and other individuals as potential employees of the “new wave.” |
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