News » BPOs focused on doing its best

BPOs focused on doing its best

business newspaper 2

The Business Process Outsourcing companies in the Philippines will do their best and thrive even though Donald Trump has come to power.

The 45th president of the United States Donald Trump is advocating “Buy American. Hire American”. He is trying to discourage American companies from outsourcing jobs out of America. Nearly three-fourths of the business process outsourcing companies earning’s comes from America.

According to the IT and IBPAP (Business Process Association of the Philippines) vice chairman Lito Tayag, the BPO service industry in the Philippines will continue to prosper if they step up their skill capability.

Emmanuel Leyco AIM economics professor stated that companies that provide BPO services in the Philippines may face economic meltdown as Trump is focused on bringing jobs back to America. Trump is imposing additional taxes on companies that outsource their jobs abroad. BPO services in the

Philippines will be directly affected by this move.

More than 3.5 million Filipinos are working and living in the United States. Last year, they cornered 68.2% of the $840.58 million foreign direct investment.

In the year 2015, business process outsourcing companies generated a revenue of $22 billion and 1.2 million jobs.

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.