US investors say PH BPOs here to stay

US investors say PH BPOs here to stay

The business process outsourcing (BPO) industry in the Philippines has nothing to worry about the America-first policy of the Trump administration as this new thrust only applies to offshore manufacturing investments in countries where the US has a huge trade deficit. This was the assurance given by US businesses to the Philippines at a recent forum in Washington, D.C. Charito Plaza, director-general of the Philippine Economic Zone Authority, said US investors have assured them that BPOs in the Philippines will not be affected because the America-first policy of the president is more on the manufacturing and not for service providers. In a meeting with the US Chamber of Commerce, Plaza said the group disclosed that the US government will not press for the US IT-BPO companies operating in the Philippines to cut down on their offshore operations to minimize job displacement of Americans.

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