LIFESTYLE - Industrial outsourcing labor (outsourcing) is growing rapidly in the Philippines were hit by fears. Because, some time ago the President of Rodrigo Duterte invited US companies to leave the Philippines if you do not like the anti-US stance espoused.
Now, the Philippine outsourcing industry again faced with uncertainty. The reason, the US president-elect Donald Trump states will prioritize citizens for work on US companies.
Quoting Channel News Asia, Friday (09/12/2016), for many corporations in the US, the Philippine outsourcing industry greatly help ease their work. Philippines accounted for 12.6 percent of the global market for business processing outsourcing (BPO), which grew 10 percent in the last decade.
BPO industry is predicted to add 100,000 jobs per year with revenues reaching 38.9 billion US dollars in 2020. The global outsourcing consultancy predicts BPO industry revenues could penetrate 48 billion dollars in the next four years.
Of these, about 23 billion US dollars derived from services provided to companies in the US.
"This is a business that is strongly oriented towards the US. (Policy Trump) will be very heavy, not only for us but also for the economy as a whole," said Manuel Pangilinan, PLDT president, a company that provides telecom BPO industry.
Some time ago, Duterte told US President Barack Obama to "go to hell" because of concerns related to the war on drugs Duterte. Duterte also threatened to remove the US-Philippines defense pact.
The statements in fact create several US companies are afraid to continue their business in the Philippines. Without mentioning the identity, as many as four US companies directly undo their decision to do business in the Philippines.
Nevertheless, some big companies who had first utilizing the BPO industry in the Philippines, such as JP Morgan decided to stay in business in the Philippines. As for who decides to leave is a potential investor.
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