globalEDGE Blog - By Tag: Philippines

With costs rising for many businesses, companies are looking for ways to save money and lower costs. Outsourcing may be the best way to do just this. The Philippines has recently become an important destination for international companies wanting to outsource their call centers. For many years, India has been a top choice country for outsourcing but the tides are beginning to change. With high number of fluent English speakers coupled with clear and neutral accents, the Philippines has attracted many companies that are looking to outsource their call centers.

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The recent back-to-back typhoons in the Philippines have really crippled their small entrepreneurs. In this country consisting of thousands of beautiful islands, these small businesses are what make the economy thrive, so recovery has been and will be an uphill battle. A whopping 99.7 percent of all businesses in the Philippines are classified by the Department of Trade and Industry as micro, small, and medium enterprises. It got me thinking a bit about how other natural disasters affect the economies of other countries.

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