The Business Process Outsourcing (BPO) industry is on track to meet its year end growth target as it employed 345,000 workers during the first half of the year.
"The industry employed 345,000 workers for the first six months of the year and we are hoping that we will meet our yearend target of 420,000," Business Process Outsourcing Association of the Philippines (BPAP) president Oscar Sanez said in an interview.
The offshoring and outsourcing (O&O) industry earned $5.8 billion for the first half of this year. "We are on track to meet our full year revenue target of $6.8 billion," Sanez said.
According to Sanez, O&O revenue for the first six months of the year is up 1.8 percent when compared to the same period the previous year.
Sanez said the slowdown in the world economy had no adverse effects on the industry. "The first half results are encouraging. I think we will meet our target stated in the 2010 roadmap."
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