Revenues of the information technology and business process management (IT-BPM) industry grew by 7.1 percent to $26.3 billion last year from $24.5 billion in 2018, according to the Information Technology and Business Process Association of the Philippines (IBPAP).

In a statement on Wednesday, IBPAP said the number of full-time employees (FTEs) in the country increased by 71,000, bringing the total industry headcount to 1.3 million, up 5.8 percent from 1.23 million in 2018.

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