Ptic London Outsourcing Briefer

Outsourcing
&
 Offshoring
 Contact
 Centers
 Engineering
 Design


Anima@on


Business
Process
 Outsourcing


R&D


Customer
Support
 Finance
&
Accoun5ng
 Medical
&
Legal
 HUMAN
RESOURCES
 Transcrip5on


We invite you to take a look at Business Opportunities with the Philippines, as globalization brings a world of change to today’s business realities. Given both countries’ strategic locations in their own mother continents, companies from the Philippines and the UK may explore numerous joint and highly beneficial opportunities in business process outsourcing, engineering & graphics design, animation, banking and logistics among many others.

THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER


The
Philippines
at
a
Glance
 The
Philippines
is
a
na5on
of
almost
90
million
people
and
is
a
founding
member‐state
of
the
 (ASEAN)
Associa5on
of
South
East
Asian
Na5ons,
with
400
million
people.



 The
country
is
rich
in
natural
resources
and
blessed
with
a
tropical
climate.
 
It
has
a
highly
 skilled
labor
force,
producing
400,000
university‐level
graduates
per
year
 
and
is
the
world’s
 fourth
largest
English‐speaking
na5on.

English
is
the
language
of
business
and
government.
 The
 Philippines
 has
 a
 common
 history
 and
 close
 affinity
 with
 Europe
 and
 the
 Western
 culture,
having
been
a
Spanish
colony
for
300
years.
 
Its
strategic
loca5on
in
Asia
makes
it
a
 perfect
hub
of
opera5ons
and
entry‐point
to
Asia
for
Businesses
from
the
United
Kingdom.

 The
 Philippine
 economy
 grew
 at
 its
 fastest
 pace
 in
 three
 decades
 with
 real
 GDP
 growth
 exceeding
7%
in
2007.
 
Today,
it
is
one
of
the
least
affected
economies
in
the
world
by
the
 current
 financial
 crisis
 thanks
 to
 strict
 fiscal
 and
 financial
 policies
 implemented
 by
 the
 Government
since
1997.

Higher
government
spending
contributed
to

growth,
but
a
resilient
 service
 sector
 and
 large
 remibances
 from
 the
 millions
 of
 Filipinos
 abroad
 have
 played
 an
 increasingly
important
role.


Economic
Facts
(2007
es@mates)
 GDP
(Purchasing
Power
Parity)

‐

US$299
Billion
 GDP
(official
exchange
rate)






‐

US$144
Billion
 GDP
(real
growth
rate)















‐


7.3%

 GDP
(per
capita)


























‐


US$3,400
 GDP
Composi5on
per
Sector
 























Agriculture












‐

13.7%
 























Industry

















‐

31.4%
 























Services

















‐

54.8%
 Labor
Force



































‐

36.22
million
 Products

and
Industries
 Industrial
Products
‐

Electronics
Assembly,
Garments,
Footwear,
 Pharmaceu5cals,
Chemicals,
Wood,
Products,
Food
Processing,
Petroleum
 Refining,
Fishing
 Agricultural
Products–
Sugarcane,
Coconuts,
Rice
Corn,
Bananas,
Cassavas,
 Pineapples,
Mangoes,
Pork,
Eggs,
Beef
and
Fish
and
Fishery
Products
 Export
Commodi@es
‐
Semiconductors
and
Electronic
Products,
Transport
 Equipment,
Garments,
Copper
Products,
Petroleum
Products,
Coconut
Oil,
 Fruits
 Import
Commodi@es
‐

Electronic
Products,
Mineral
Fuels,
Machinery
and
 Transport
Equipment,
Iron
and
Steel,
Tex5le
Fabrics,
Grains,
Chemicals,
 Plas5c.


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER


Business
Process
Outsourcing
 PHILIPPINES:
 ADJUDGED
AS
“OFFSHORING

 DESTINATION
OF
THE



YEAR”
FOR
2007


UNITED
KINGDOM


WHY
THE
PHILIPPINES
.
.
.
  


Why
the
Philippines
is
the
“OFFSHORING
DESTINATION
OF
THE
YEAR”
 for
2007
according
to
the
UK’s
Na5onal
Outsourcing
Associa5on
  



What
other
European
companies
have
to
say
and
why
they
are
staying
 in
the
Philippines
permanently.
  



Why

global
business
leaders
in
many
fields
of
business
are
in
the
 Philippines

  



About
the
amazing
workforce,
exper5se
and
skills
that
is
con5nuing
to
 abract
partnerships
from
all
over
the
world
  



About

our
Government’s
Investment
Incen5ves
like
7
year
Income
Tax
 Holidays
(0%
Income
Tax)
and
the
indefinite
5%
income
tax
rate
amer
the
 incen5ve
period
has
expired


 


It
is

an
ideal
offshore
opera5ons
des5na5on


These
Global
Players
have
already
been
in
the
Philippines
for
years
.
.
.


Outsourced
Services
 .
.
.come
&
find
out
what
keeps
them
there!


• 
Business
Processes
 • 
Finance
&
Accoun5ng
 • 
Customer
Support
 • 
Informa5on
Technology
 • 
Anima5on
 • 
Design
Engineering
 • 
Graphics
Design


Photo
courtesy
of
Mr.
Vernes
Go
www.pbase.com/dni


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER


Winning sectors in Philippine Outsourcing . . .  
 
business
process
outsourcing
  
  
  
  
  
  
  
  
  



somware
development
 
medical
transcrip5on
 
legal
transcrip5on
 
anima5on
 
graphics
design
 
engineering
&
architectural
design
 
financial
&
accoun5ng
services
 
human
resource
management
services
 
among
many
others


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER


NOA
AWARDS:

OFFSHORING
DESTINATION
OF
THE
YEAR
2007
 .
 
.
 
.
 
The
Philippines
is
truly
developing
as
a
global
player
in
 the
offshoring
marketplace.
 
Its
abrac5veness
as
a
des5na5on
 stems
 from
 a
 combina5on
 of
 important
 offshoring
 fundamentals
 alongside
 some
 highly
 valuable
 offshoring
 ‘extras’.


PHILIPPINES:
 ADJUDGED
AS
“OFFSHORING

 DESTINATION
OF
THE



YEAR”
FOR
2007


UNITED
KINGDOM



 As
 a
 core
 selling
 point,
 Filipinos
 are
 world
 renowned
 for
 their
 friendly,
 pa5ent,
 accommoda5ng
nature
and
unobtrusive
aotude.

The
people
are
enthusias5c,
available
and
also
 have
an
excellent
knowledge
of
western
culture.
 
This
workforce
comes
at
a
massively
reduced
 cost
 when
 compared
 to
 the
 UK,
 es5mated
 at
 up
 to
 90%
 less
 than
 westerners.
 
 As
 an
 added
 benefit
Filipinos
have
a
very
neutral
English‐speaking
accent
with
a
literacy
rate
of
over
95%.
 
 The
 Philippines
 also
 boasts
 an
 excellent
 infrastructure
 as
 a
 founda5on
 for
 off‐shoring
 opera5ons
in
all
fields.

The
jewel
in
the
crown
of
this
infrastructure
is
it’s
high
quality
fiber
op5c
 network,
 which
 I
 both
 robust
 and
 highly
 scalable.
 
 The
 costs
 of
 using
 these
 systems
 has
 also
 decreased
 steadily
 to
 a
 level
 of
 approximately
 GBP
 2500/month
 owing
 to
 its
 deregulated
 telecommunica5ons
industry
driving
compe55on
across
the
board.
 
Loca5on‐wise
the
Philippines
provides
nearshore
access
to
the
increasingly
important
and
 abrac5ve
ASEAN
market
of
550
million
people.

A
maximum
four
hour
plane
trip
to
the
key
Asian
 centers
further
establishes
the
Philippines’
creden5als
as
a
logis5c
hub
for
companies
wan5ng
to
 grow
their
Asian
business.
 
 An
 open‐market
 orientated
 government
 has
 seen
 the
 country
 ranked
 2nd
 among
 32
 economies
in
the
Grant
Thornton
Interna5onal
Business
Survey
Review
for
business
confidence.

 The
success
of
this
environment
is
abested
to
by
investment
from
HSBC,
Shell
and
Logica
CMG
to
 name
but
a
few.


With
escala5ng
investment
and
an
increasingly
impressive
economic
record,
the
 Philippines
con5nues
to
develop
its
claim
to
the
5tle
of
a
premier
offshoring
loca5on
for
the
21st

 Century.



(directly
quoted
from
the

NOA
AWARDS
2007
literature)


THE
PHILIPPINES:

YOUR
PREMIER
OUTSOURCING
PARTNER


FOR
INQUIRIES
CONTACT
US
NOW
AT:


PHILIPPINE
TRADE
&
INVESTMENT
CENTER


Embassy
of
the
Philippines
–
Commercial
Sec@on
 Tel.No.:
+442079371898/

7998
 1A
Cumberland
House,
Kensington
Court,
 Fax:
+442079372747
 W8
5NX
London,
United
Kingdom
 E‐mail:


[email protected]

Website:

p5clondon.weebly.com