BPO among top 5 industries local firms want to compete in

The business process outsourcing (BPO) industry will be one of the top five industries in the Philippines that companies will be competing in the next five years. This was based on the result of the Philippine CEO Survey Report conducted from end of July to 26 August this year. The survey noted that the top five industries that companies would like to compete in the next five years are BPO, entertainment and media, real estate and construction, retail and technology. The survey polled 111 CEOs in the Philippines. Based on the survey, 65% of the participating CEOs said the Philippine GDP will exceed 6-7% growth target in 2016, up from 52% in 2015.