and Contract Brokers
The following reasons creates an unprecedented business environment
Why ICCB suggests the Philippines,
or some other Asian Countries
Low labor costs: Labor is relatively inexpensive and supply exceeds demand. The wage is still a fraction of that in the USA and Western European countries. Typical technical salaries in the Philippines are $1000 a month (or less)
USA Outsourcing: The Philippines is a very able supplier for USA Outsourcing. They have a familiarity and affinity for the American culture and business attitudes. Currently over 8000 companies outsource work to the Philippines.
Country's goal: The Philippines goal is to be a leader in offshore outsourcing for the USA. They hope to surpass other countries in USA offshore supremacy.
English Speaking Population: The Philippines has a large, college educated, English speaking population.
Established Service Providers: The Philippines has an established and capable service provider's base, with a strong client service attitude and a "High Quality Mentality".
Highly educated population: There is a highly educated population, which is ready for retraining. The workforce is qualified and eager to work.
Still Maturing Market: The market is still maturing, with most supplier with revenue under $50 million USD.
Ideal location between the West and the East: The Philippines is strategically located between the USA and many developing countries and emerging markets.
Window to Asia: Many USA companies have already chosen the Philippines to serve its Asian Operations.
Strong support for investors from federal; and regional authorities: The Philippines Government has been adopting regulations that are friendly to businesses.
Many of the same advantages can apply to other Asian
Countries, such as China, Singapore, Malaysia,
Vietnam, and Thailand