Transferring from one company to another is a trend among business process outsourcing (BPO) employees.

BPO companies are invited to take measures in response of these “job-hoppers.”

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The Canadian Chamber of Commerce of the Philippines (CanCham) sets up office in Cebu, to strengthen trade relations, investment and labor mobility between Canada and Cebu.

The chamber is a non-profit organization established in 1989 whose mission is to “represent, support, and promote Canada-Philippines business interests.” It provides information, expert briefings on trade and investments issues and networking events for its members and the public.

The CanCham local chapter in Cebu will expand commercial relations between Canadian and Cebu-based businesses and investors. Its CanCham’s conviction that there is a great potential for growth in two-way trade and investment between the two countries.

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“For business support functions (such as shared services and business process outsourcingthe Philippines has taken over the lead in the global ranking from India, after having challenged the top position for several years.

This is the first time that India is not in the leading position for these activities. The Philippines offers a similarly attractive business environment for international business support functions as India, but has not had the same labor cost increases as have occurred in various Indian ‘hot spots’ in recent years.”

–pages 6 to 7, IBM Global Location Trends Annual Report, October 2010




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