MANILA, Philippines (Xinhua) – The Philippines is seen to maintain its position as one of the world’s top outsourcing destination, generating an annual revenue of 25 billion U.S. dollars by 2015.
The global business process outsourcing (BPO) revenues meanwhile is expected to reach 250 billion U.S. dollars in 2015 from just 150 billion U.S. dollars this year, data from the Business Processing Association of the Philippines’ (BPAP) showed.
“More companies are expected to sub-contract service to companies in the Philippines as a way to cut costs,” BPAP said.
The country’s BPO industry is seen to end the year with 9 billion U.S. dollars in total revenue. The BPO industry is currently one of the major sources of growth of the Philippine economy.
BPAP said the Philippines is expected to maintain its market share of around 10 percent, despite emerging competitors like Vietnam and other countries in South America also joining the race for more clients.
“The country’s BPO industry currently employs around 600,000 people. We want that to grow to around 1.3 million workers in the next five years,” Danilo Reyes, BPAP director, said in a statement.
He said much of the growth will still come from call centers, which currently make up bulk of the local BPO sector. The Philippines recently displaced India as the world’s leader in call centers.
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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