Philippines to be greatly affected if US tightens outsourcing rules – Moody’s
The business process outsourcing (BPO) sectors of the Philippines and India stand to be greatly disadvantaged if the United States tightens its labor outsourcing rules. In its report, credit agency Moody’s Investors Service said the new policies of US President Donald Trump could pose downside risks to the US’ major trade and investment partners. India and the Philippines, Moody’s added, will be the most vulnerable if the US tightens rules on service outsourcing. Moody’s issued the report “Asia Credit – 2017 Outlook Challenging Global Environment to Test Asia’s Robust Credit Fundamentals” on 8 February.
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