Why the Philippines?
Chevron-Texaco, Dell, IBM, Accenture, Houston-based AIG, and Dallas-based Fluor-Daniel are among the companies who have already launched significant offshoring initiatives in the Philippines.
You don’t need to be in the Fortune 500 to see big gains.
If outsourcing makes sense for your business, consider making the Philippines your destination. Why?
- English-speaking history and a strong affinity for American culture coming from strong historical ties with the U.S.
- Rich pool of professional talent with a record of cultural adaptation
- From the American healthcare industry to the oil fields of the Middle East and many places in between – Filipino professionals and skilled laborers have adapted, established themselves, and contributed well.
- Over 400K college graduates per year.
- 85K in IT/Computer Science/Engineering
- 110K in Commerce / Business-related
- 22K in Medical and Allied Natural Sciences
- A strong tradition of service orientation
- As cost of labor rises in India, the Philippines increasingly presents an attractive second source.
- Cost of prime office space in Manila is 50-70% lower than that in Indian business centers.
- Reliable, deregulated telecom infrastructure.
- Excellent expatriate lifestyle with affordable cost of living.
*Sources: Philippine Department of Trade and Industry, Philippine Bureau of Investments
