by: Sarah Joson
Monday, June 24, 2013 | Outsourcing News |
According to the Managing Director of Shore Solutions, Darcy Lalonde, the Philippines is considered as one of the best outsourcing hubs because of its human resources and sound business environment. The Filipino workforce is said to have the commonly preferred traits such as great English-speaking ability, proper work ethic, and loyalty.
Moreover, he said the Philippines is the only country in Asia that offers affordable business solutions and high-quality human resources and it will only take 30 to 60 days to get an operation up and running, as long as clients contract with reliable experts and advisers.
Lalonde expected that foreign investors will continue to patronize the Philippines because of its welcoming environment. He noted that even if Malaysia and Singapore outgrew the Philippines over the last 10 years, the latter is now regaining traction and is becoming one of the key countries for investment opportunities.
A report from Bangko Sentral ng Pilipinas indicated that inflow of foreign direct investments grew to $1.3 billion during the first quarter of 2013.
Tourism, manufacturing, business process outsourcing (BPO), and health and wellness are cited as the sectors that will continue to benefit from foreign capital investments.
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