Friday, January 2, 2009

Philippine Currency Outlook Looks Good For US Companies

With growing concerns of dollar depreciation against large currencies it is interesting to see that there may be at least one destination where the dollar will continue to preserve its value.

For US companies looking offshore having to deal with the high turnover rates in India as well as increasing wages and costs, the Philippines is looking like an ever more enticing long term destination. Many companies are moving away from India for front end outsourcing services due to cost and service issues. Below is a good directory for locating these services:

http://b-p-o.org/

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