• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » BPO sector shows no signs of slowing down

BPO sector shows no signs of slowing down

BPO sector shows no signs of slowing down
BPO sector shows no signs of slowing down

The Philippines’ business process outsourcing (BPO) industry is maintaining its pace, with firms reskilling their workforces to meet changing needs and grow their operations, according to property developer Megaworld.

Kevin Tan, chief strategy officer at Megaworld, said they do not see signs of slowing down, as BPO firms are reinventing themselves and retooling their employees to take on higher roles. According to Tan, foreign BPO clients still prefer to outsource functions to the Philippines and even increase their exposure to the country instead of looking to other Asian countries. Tan added that Megaworld will continue to focus its property development on the BPO sector as it has “very limited exposure” to offshore gaming operations, which only account for 15% of its total portfolio.

The company secured one of the biggest real estate deals in the country in 2018, a 25-story office building in Taguig for JPMorgan Chase Bank’s global service center.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image