BPO industry earnings seen hitting $25B this year

THE booming business process outsourcing (BPO) sector is seen growing faster this year, likely generating $25 billion in revenues and 1.3 million jobs, global property advisor Colliers International said.

Such prosperity is sure to rub off to the office property sector, as bigger demand would easily cover up for the expected increase in supply of office space this year, Colliers said.