News » BPO among main drivers in Central Luzon’s economic growth

BPO among main drivers in Central Luzon’s economic growth

Expansion in the business process outsourcing (BPO) and robust overseas workers’ remittances remain the main factors cited for the economic growth in Central Luzon. According to BDO Unibank Inc chairperson Teresita Sy-Coson Central Luzon is growing faster than the rest of the country, with over 7.2% regional real GDP growth from 2011 to 2016. The main factors in supporting growth are the remittances from overseas workers, the rapid urbanization of the Philippine countryside, particularly Pampanga, and the rapid expansion of the outsourcing industry. Sy-Coson said Central Luzon will play a significant role in helping the Philippines retain its position as Asia’s fastest-growing region.

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

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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.

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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.