Emerging Destination for Business Process Outsourcing

Business Process Outsourcing (BPO) industry in the Philippines is one of the most vibrant and rapidly growing industries in the country today. The industry has been a major source of employment for Filipinos, particularly for college graduates and it has also been a major contributor to the country's economy. Philippines is an attractive destination for foreign investors, offering numerous benefits including a highly-trained workforce, low labor costs, and the potential to take advantage of generous tax incentives. Additionally, English is widely spoken in the Philippines, making it ideal for businesses looking to outsource complex projects requiring a deep understanding of the language. Hence, the BPO market in the Philippines has grown steadily over the past few years and shows no signs of slowing down anytime soon. Realizing this, we have come up with this special issue focusing on this market.

The cover story of this issue features MCVO Talent Outsourcing which provides an extensive range of BPO services under one umbrella that includes IT, data entry, virtual assistance, digital marketing, bookkeeping and others. The company has proven that certain functions such as accounting, data entry, human resources, payroll, medical billing, video and photo editing can be performed by offshore staff just as well as local talent. Also featuring in the issue is Boomering which is a well-known player in the BPO industry in the Philippines. It gives clients the option to build a diversified workforce to increase their reach and drastically save costs. Offering exceptional services to entrepreneurs and small businesses alike, the company is also successfully fulfilling the larger needs and requirements of medium-sized businesses. Reading on, you will find more such stories.

Keeping abreast of the latest developments in this market, Asia Business Outlook has shortlisted the top 10 companies that have proved their excellence through innovative approach. In a bid to fulfill the customer expectations and contribute to the market’s evolution with their result-oriented persistence, these companies are raising the bar of Business Process Outsourcing.

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