Situated in the northernmost tip of the island province of Palawan, Coron has long been known as a premier diving destination for underwater explorers. Whereas the western neighbouring municipality, El Nido, boasts larger limestone formations and extensive beaches, impressive landscapes and underwater scenery has turned Coron into an...
Exhibiting nominal growth rates of approximately 20% every year, business process outsourcing (BPO) is the Philippines’ most successful major sector. While accounting for only about 2% of national employment in 2012, the sector still makes an oversized contribution to the country’s GDP and especially to growth, both directly and indirectly as it...
How does the Philippines encourage investment in business process outsourcing (BPO) and IT?
Remittances from overseas Filipino workers (OFWs) are vitally important to the economy and, like business process outsourcing (BPO), these revenues tend to take the edge off any economic shocks. In a further similarity to BPO revenues, remittances are also comparatively easy to accrue, requiring no capital investments, equipment or facilities, and...
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