The Economic Growth & Stability and Government Support for Outsourcing Philippines

The industry has become one of the main revenue generators of the country, that is why the government fully supports its endeavors. They have set up special economic zones and established a Philippine Economic Zone Authority and grant fiscal and non-fiscal incentives such as a 4- to 8-year income tax holiday to BPO players. Even Indian BPO service providers have established operations in the Philippines over the years. The country is well-positioned to become one of the best offshore outsourcing destinations in the world. Metro Manila gets the highest concentration of BPO activities (80%), but as more investors see the potential of the country, other major cities and provinces have emerged as ideal IT-BPO hubs. Dubbed as the Next Wave Cities, areas like Cebu, Pampanga, Bacolod, and Davao have proven to be great alternatives to Metro Manila with their pools of English-speaking talent and conducive business environment. © Micro Sourcing Like, Comment & Share with us!    facebook.com/unitedoutsourcers    twitter.com/UniteOutsource Visit us at www.unite.com.ph