Apr

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Know your Outsourcing.

Outsourcing Opinions provides comprehensive articles and analyses on the current news and information, from world media agencies and authoritative sources, regarding outsourcing and business.

This week, read about the business services providers expanding in the Philippines.

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Apr

1

The largest US-based financial holding firm by assets, JPMorgan Chase & Co., will likely transfer more business support functions to its global in-house center (GIC) in Manila, Philippines.

JPMorgan Chase Bank, N.A.–Philippine Global Center has emerged as Manila’s largest GIC of a global corporation. Established in 2005, the center generated almost P10 billion in revenues in 2011, and has a staff of more than 10,000 at The Net Plaza in Taguig City and at The Asiatown IT Park in Cebu City.

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Mar

28

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A partnership between the Information Technology and Business Process Association of the Philippines (IBPAP) and Technical Education and Skills Development Authority (TESDA) with government of South Korea is instituted for training of Filipino animators and game developers to boost the Philippines’ digital outsourcing sectors.

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Mar

26

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According to Peter Grauer, chief of Bloomberg L.P. one of the world’s biggest and most influential financial news organization, the Philippines was in an “enviable position” compared to other countries that lacked leadership at this time of great economic uncertainty.

Grauer noted that a significant part of Bloomberg’s revenue growth in recent years has been occurring in Asia, as both Europe and North America struggle with their economic difficulties.

And within Asia, he said the Philippines’ rising prominence was particularly promising.

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