Software outsourcing industry expecting slower growth in 2009

At the culmination of the two-day e-Services Global Sourcing Conference and Exhibition at the SMX Convention Center in Pasay City, Philippine Software Industry Association (PSIA) president Cristina Coronel said her group expects 30% growth in export revenues this year from a 42% growth last year which yielded $601 million.

The group, which has about 400 member- companies, is optimistic it can meet its 2010 target of $1 billion in export revenues.

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