Philippines Joins OutsourceWorld

Philippines newspaper ABS-CBNNEWS.COM reports the Philippines is set to join OutsourceWorld, which will be held in New York City next month, in an effort to find new outsourcing markets.

"OutsourceWorld NY, which will be co-located with Technology Exchange Week New York, attracted some 43,000 international visitors last year. Over 200 exhibitors are expected to join this year’s event, which organizers said will draw 45,000 visitors. Purisima said the participation of the Philippines in the exhibit is part of the DTI’s efforts to position the Philippines as the preferred outsourcing destination in Asia."

"The Philippines serves as a source of outsourcing services from the US and Europe. US-based companies such as AIG and Procter & Gamble rely on the Philippines for its management, finance and accounting services, while Alitalia and International Red Cross already have established their presence in the country’s outsourcing industry."