The economy grew by 7.6 percent in the third quarter, faster than the seven percent growth posted in the same period last year, as well as the revised 7.5 percent GDP growth in the second quarter.
IBPAP President Jack Madrid revealed on Monday that the IT-BPM industry will end the year on a high note with the robust revenue contribution. The industry expects to end the year employing 1.56 million Filipinos.
According to the ISG Index, which measures commercial outsourcing contracts with annual contract value (ACV) of $5 million or more, the ACV for the combined global market during the July-September period was at $23.2 billion, down only 3% from the year-ago period.
Arun Kumar, ManageEngine regional director for Asia-Pacific, said in an interview on the sidelines of a report launch in Makati City last week that the company is already looking for employees for its Philippine presence.
Goking said strong demand for office space is expected from the BPO sector as the country’s economy has started to open up.
Australia, the Philippines, Thailand, and Indonesia are adapting the most to the hybrid/remote setup. In Australia, only 56% of the job openings are on-site, while 44% are remote or hybrid.
The next two years will see a jump in outsourcing and AI-driven technology services as firms seek to bolster expertise, support, resiliency, and uptime
The global labour market remains strong with steady hiring expected for the remainder of 2022, according to the Q4 ManpowerGroup Employment Outlook Survey.
The adoption of hybrid work setups has provided many Filipino workers relief from traffic, as well as given them more time for themselves, their families and friends, according to a new study.
The Philippines and Israel are expected to strengthen their bilateral relations, particularly in the areas of information and communications technology (ICT) and innovation, officials of both nations said on Wednesday.