January 8, 2013–Recently, the Philippines was ranked as the top global shoring locations for Business Process Outsourcing beating India and China. This is according to a report by multinational real estate advisor Jones Lang LaSalle based on the number of jobs made by investing corporations in shared contact centers, service centers and technical support centers from 2008 up to 2011. It is an amazing feat considering that the Philippines only has a fraction of the population.
According to the report, The Philippines drew in 115 projects that equaled to 72,000 jobs within the said timeframe against India’s 105 projects – 64,000 jobs and China’s 56 projects – 25,000 jobs. It obviously shows how more and more companies choose to bring their businesses to the small archipelago. Why not? The Philippines is probably the most westernized country in the east. Colonized by the Spaniards for centuries and then by the Americans in the early half of the 19th century, the country is quite literally a perfect example of “east meets west”.