Business > Top Business
Outsourcing seen growing amid uncertainties

THE business process outsourcing industry (BPO) will remain a key driver of Philippine economic growth despite US protectionism, the head of a real estate consultancy said, with projected workforce expansions expected to boost demand for office spaces.

Speaking at a Manila Times economic forum on Thursday, Lobien Realty CEO Sheila Lobien projected that 160,000 new employees would join the BPO workforce this year, requiring companies to add an estimated 480,000 square meters of office space.

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