Aside from being known as one of the most beautiful countries in the world with stunning beaches, historical places, and amazing people, Philippines is certainly making it bigger and bigger in the BPO sector internationally. BPO like Coefficients Co. Ltd. companies have dominated the most successful cities in the country and as far as the employees are concerned, the BPO sector remains as the most sought sector by applicants. This is basically because the outsourcing companies in the Philippines remain fresh and welcoming in the public’s eyes. Whether you are already a degree holder or not, you can have a place in BPO companies as long as you have the skills and knowledge they need. This also means that you can be promoted to high-paying positions in the industry even if you are a graduate of nursing, education, engineering, and other professions. If you have the brain, determination, and skills, then you’re in! Risks in Marawi City Source: outsourcing-center.com However, the Philippines can’t also deny that fact that there are some “security risks” that are currently causing a hiatus to the outsourcing services in the Philippines. Specifically, the ongoing war in Marawi City which led to the declaration of Martial Law in Mindanao has made a big impact in the south’s BPO services. Many of David Leechiu firm’s clients from the BPO sector have decided “not to grow in 2017” due to the risk issues in the country. 2018 Rebound Some BPO companies have stopped their expansions according to a property consultant who cited the office space demand in Mindanao. Because of the security risks in the country, Inquirer.net has reported that there is a big probability that the business outsourcing industry in the Philippines will opt for a “rebound” next year. The 2018 rebound aims to return everything to its normal phase after encountering unlikely security risks in the past few months. It is expected that the sector, especially in Mindanao, will pursue this plan as soon as 2018 arrives regardless of the “peace and order” concerns. Not to mention the applied modifications in tax according to David Leechiu a property veteran. Digging Deeper Other issues that were cited by Leechiu’s firm were the so-called “extra-judicial killings, the Resorts World Manila arson attack, and the recent bird flu cases that were detected in provinces of Nueva Ecija, Pampanga, and other areas in Luzon. But then again, the CEO of Leechiu Property Consultants the hiatus in the BPO industry is only temporary. Thus, David Leechiu said that "I remain confident that the BPO industry will going to expand.” Since other businesses have also experienced the same thing due to these same concern. To learn more about the latest news in the BPO industry, check out coefficientsco.com.
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October 2017
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