
"The Philippines has emerged as one of the leading outsource destination, with a “near- flawless American accents that give the Philippines an edge in its battle with India for the fast-growing outsourcing market.”
May 9, 2005
"With a long history of contact with the United States , including several decades of American colonial rule, Filipinos are more attuned to Western culture than most Asians. Call center employees not only find it easy to relate to Westerners but are also quick to adapt to a variety of accents."
Ranked #2 in the availability of IT skills and #4 in availability of qualified engineers
Rated #1 in availability of knowledge based workers
“Local verbal skills with regard to clarity & understandability to a US buyer are superior to that of India , Ireland or other offshore locations.”
- Skilled labor force of 29 million
- Literacy rate of 94%
- 3rd largest English speaking nation
- META ranked Philippines No. 4 worldwide in availability of knowledge workers
- 380,000 graduates/year
- Western-patterned educational system
- Strong work ethic, consultative/customer-oriented mind set
- Quality management staff
- Easily trainable
- Low attrition rate
- Lower costs: approximately one-fifth the cost of the US and Europe
- World-class English proficiency
- Similar form of government structure
- US GAAP adopted Accounting Systems
- Legal system/contracts similarity
- Same media sources
- Strong familiarity with Western culture yet open and easily adaptable to other cultures
- Located in the fastest growing outpost of high-tech economy
- Gateway of international shipping and airlines (FEDEX, UPS, etc.)
- Critical entry point to over 500 million ASEAN market
- Accessible by air within four hours from any Asian capital ( Japan , Korea , Singapore , Taiwan )
- Friendly people
- Value-for-money housing
- Modern recreational facilities
- First- rate educational institutions (International schools: British School , German school, Japanese school, Mandarin school, etc,)
(Source: Far Eastern Economic Review, Political & Economic Risk Consultancy (PERC), May 2000)
- High quality, low cost bandwidth, expanding domestic network
- Six platforms available: fixed line, cellular, cable TV, over the air TV & radio and VSAT system)
- Redundant international connectivity: fiber optic cable and satellite
- Bandwidth cost declined by 70% over the last 4 years
- Presence of dedicated IT parks with fiscal incentives offer
- Availability of IT-enabled floor area
http://www.dti.gov.ph/index.php
