Overseas Filipinos – An Economic Lifeline There is an estimated 10 to 11 million Filipinos overseas, including Overseas Filipino Workers (OFWs). OFWs refer to Filipino citizens who are residing in foreign countries for reasons of employment. The money they send back home supports millions of households and is an economic lifeline to the country, contributing… Continue reading Overseas Filipinos – An Economic Lifeline
Top destination on business process outsourcing The Philippines Department of Trade and Industry (DTI) defines Business Process Outsourcing (BPO) as the “delegation of service-type business processed to a third-party service provider”. The industry covers contact centers, back-office services, data transcription, animation, software development, engineering development, and game development. The Philippine BPO industry is considered one… Continue reading Top Destination for Business Process Outsourcing
Red carpet for foreign investments and remittances Philippines has a policy of attracting, promoting and welcoming productive investments from foreign individuals, partnerships, corporations, and governments, including their political subdivisions, in activities which significantly contribute to national industrialization and socio-economic development to the extent that foreign investment is allowed in such activity by the Constitution of… Continue reading Red Carpet for Foreign Investments and Remittances
The people are its biggest asset With a population of 109 M in 2020, the depth and quality of its human resources make the Philippines an attractive place for setting up businesses. Migrant Filipino workers are known and trusted in their host countries for their hard work, professionalism, diligence, creativity, technical skills and English language… Continue reading The People Are the Biggest Asset
The English language advantage A key consideration for most foreign investors is the ability to communicate effectively with their business partners. A savvy investor can only take advantage of a good investment climate or massive growth opportunity when he can communicate clearly to his local counterpart across the table. This is where the Philippines derives… Continue reading The English Language Advantage
