REVENUES from the business process outsourcing (BPO) sector are likely to outpace remittances from overseas Filipino workers (OFW) even amid the threat posed by US President Donald Trump’s protectionist stance, which could slow American BPO investments in the Philippines, ING Bank Manila said.
“We think both OFW remittances and the outsourcing sector will continue grow. But by 2018, revenues from the outsourcing sector will outstrip revenues from OFW remittances,” Joey Cuyegkeng, ING Bank Manila senior economist, said during a press conference on Wednesday on the bank’s global economic outlook.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.