Why is the Philippine BPO industry booming?

The Philippines is not only known as a top vacation destination, it is also considered as the top outsourcing destination! The country is seen as an ideal investment location for foreign companies and is named as the BPO capital of the world.

In this video, you'll learn why the BPO industry is booming in the Philippines.

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[yngvesognen]

I've heard lots of talk about how slow Ph is to industrialize. Think about heavy industries like the steel mill that failed. I see it like this: Ph and many other countries are leapfrogging the old industrialization process and do ITC work.
Thailand does very well manufacturing for foreign companies. BPO is booming in Ph, and lots of investments are coming from Japan and elsewhere.