The growth of the business process outsourcing (BPO) industry dropped to ten percent from its projected 25-percent average annual growth due to the increasing protectionism among advanced economies and major trading partners of the Philippines.
Bangko Sentral ng Pilipinas deputy governor Diwa Guinigundo said in a speech that the protectionism holds back many BPO companies in the country from expanding.
“Based on our periodic discussions with the BPO Association of the Philippines, they have second thoughts about expanding their business in the Philippines because of the pronouncements of President Trump to keep jobs at home,” Guinigundo said, adding that the protectionism may also slow remittances. — via Manila Standard
Around 16,000 job openings will be available in the upcoming one-day job fair in Iloilo on June 1.
Public Employment Service Office (PESO) Iloilo department head Francisco Heler Jr. said 113 companies already confirmed to participate in the job fair.
Among the industries that will participate and will provide local employment includes business process outsourcing, tutorials, retail and merchandising, automobile, hospitals, banks, malls, hotels, engineering, and logistics.
Some of the companies, on the other hand, are for overseas employment.
Heler encouraged all interested applicants to register as early as possible.
The pre-registration for the said job fair is now starting at the PESO office at the Iloilo Provincial Capitol. — via Manila Bulletin
An independent international development organization partners with a Davao-based business process outsourcing (BPO) company to train Internally Displaced Youth (IDY) to become virtual assistants.
VSO Philippines project manager Lyca Sarenas the training was conducted in Marawi City for 25 IDYs aged 18 to early 20s to give them the opportunity to be linked with potential overseas online employers.
“These kinds of training will help provide livelihood opportunities for the younger people,” Sarenas said.
These types of training are their way of those who were affected by the Marawi siege, especially the youth and women who are the most vulnerable to exploitation in the midst of displacements.
VSO Philippines and the Davao-based BPO are still processing the matching of trainees to potential employers. — via SunStar Davao
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