Why Philippines?

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Why Philippines?

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Filipinos are some of the happiest people in the world. They are warm, friendly, and have a great sense of humour! As a country the Philippines was listed as one of the happiest countries in the world, ranking in the top five on Gallup’s index.
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The Philippines is the second-largest archipelago in the world. With around 175 languages are spoken in the Philippines, English is one of the official languages and the bedrock of the educational foundations.
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Quick Facts

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69m (citizens 15+ year old).
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Philippine Peso (PHP).
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5.4%, the country’s all time high.
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Filipino & English.
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Democratic Republic.
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5.3%, the country’s lowest ever.
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Benefits of Outsourcing to Philippines

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Located at the crossroads of Southeast Asia, the Philippines is one of the fastest-growing market economies in both Asia and the world.

This accelerated growth has been driven primarily via IT and BPOs (Business Process Operations) located in the country’s capital, and second largest city, Manila. The Philippine BPO sector grew at 19% per year from 2011 to 2015.
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In fact, the Philippine BPO sector is so strong, The World Bank’s recent country economic update in April 2018 stated that the Philippines could expand other service-based sectors by leveraging their strong performance in this sector.
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Similar to Australia, in the Philippines education is free and compulsory from kindergarten to year twelve. The functional literacy rate for women is 88.7% and for men 84.2%. Over 2.6 million students attend state and local universities and colleges or private higher education institutes. Engineering, science, math, and information technology (IT), are among the in-demand and priority courses for students in the Philippines.
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The unemployment rate in the Philippines is currently 5.3%, the country’s lowest ever. Over the past decade, the rate of unemployment trend has been on a downward trajectory. Gender diversity is also at an all time high of 39% female employment.
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The annual average income in Manila is 372,000 PHP ($9,384 AUD*), making it a very cost effective option for foreign entities looking to outsource. Please note, this is general information only.
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The BPO sector is one of the biggest drivers of the Filipino economy and white-collar employment. The Government recognised this and has sought to
incentivise investors and potential start ups to keep the sector thriving and growing.
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The Filipino culture soundly matches Western cultures. The Philippines was governed by the United States for about 50 years (1899 to 1946), with the
remnants of the US influence in last century existing to this day. To add to this, although the official language is Filipino, English is also the primary language for business and education.
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Manila is only two hours behind AEST. This means there is only a marginal difference between local and offshore resource hours. The advantage of this is the ability to have flexibility on the start and end times to cover more hours for customers in Australia. On top of this, if you need to travel to Manila, it is only an eight-hour flight from Sydney.
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The Philippine telecommunications industry is robust and is a key contributor to the country’s economy. Continuous capital expenditure for the upgrade of communications equipment contributes to the growth of the industry and in turn ensures state-of-the-art infrastructure for businesses
operating in the region*.
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Learn More About Our Customer Success Plans & Onboarding Process.

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Contact us today for your free consultation and find out how we can support you as you start your outsourcing experience.

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