World Bank Report on Philippines BPO – #1

The World Bank is much releived that the Philippines was able to offset the loss in Tourism revenue by growing the BPO services business. If you are involved in managing a vendor there – here are a couple of key stats/factoids:
1. BPO startups received a 8 year tax holiday, and then will be taxed at 5%.
2. Total Revenue for Philippines BPO is 5.5 Billion.

Business РWorld Bank still upbeat on country’s BPO trade РINQUIRER.net

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