The World Bank changes its forecast of a 0.5 percent contraction for the Philippines’ economy this 2009 and set its new projection to a 1.4 percent growth, acknowledging that the Philippines proves as more resilient in theĀ  global financial crisis than earlier estimated.

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The Philippines recently won 1st Place as the United Kingdom’s National Outsourcing Association Outsourcing Destination of the year 2009.

More news elucidate why the Philippines has been selected for being a first-rate destination for outsourcing and off-shoring not only by the United Kingdom business and trade industries but also by other regions.

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