How can the Philippines distinguish itself from alternative tourism destinations in the region?
How can the Philippines distinguish itself from alternative tourism destinations in the region?
The government’s stated aim of 10m international visitors by 2016 is ambitious, but one with attractive benefits for an economy that has long fallen short of its potential. Such a surge would raise tourism revenues in excess of P1.8trn ($40.8bn), equivalent to 7% of GDP, and generate 10m jobs, the benefits of which would cascade through the economy...
What role is gaming likely to play as part of the Philippines’ bid to expand its hospitality sector?
How is the Philippines suited for growth in the business process outsourcing (BPO) sector?
Offering little to no experience or expertise prior to 2003, the meteoric growth of the Philippines’ business process outsourcing (BPO) industry has largely been due to the availability of good infrastructure alongside a large and trainable talent pool with a unique cultural affinity with the US and other Western markets. Recognising the catalyst for national development...
In 2003 the Philippines’ potential as a business process outsourcing (BPO) centre was fully realised after a five-year trial phase. The industry had a compound annual growth rate (CAGR) of 30% from 2006-10, surpassing the 15% global average, according to the Business Processing Association of the Philippines (BPAP).
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