110,000 new jobs on offer in BPO sector

MANILA, Philippines—The Philippines may be reeling from job cuts in the manufacturing sector amid a major global downturn, but prospects are bright for business process outsourcing (BPO) and other services sectors.

The local BPO industry is still expected to generate 100,000-110,000 new jobs this year, in addition to the around 400,000 already in place, according to the Business Process Association of the Philippines (BPAP).

ExcelAsia, a full-service human resource solutions company, also reported an increase in workforce demand among its outsourcing clients who seek to fill up 4,000 new outsourcing jobs each month.

Taipan Andrew Tan, chair of publicly listed Alliance Global Group Inc., also announced his company was spending a total of P20 billion for the construction of various projects targeted at the office, residential and hotel markets, expecting to create 50,000 new jobs in the construction sector this year.

Read more / Doing business in the philippines

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