The executive briefing on the Philippines was held in London last March 22, the Department of Foreign Affairs said.
"It is estimated that around 65,000 IT-BPO employees in the Philippines serve the UK market, with gross revenues from the UK totalling over £500 million," the DFA said.
Also, it noted the UK National Outsourcing Awards recognized the Philippines' strengths and achievements and named the country Best Outsourcing Destination three out of the past four years.
Organizing the March 22 briefing were the Philippine Trade and Investment Center-London in cooperation with the British-Philippine Outsourcing Council and hosted by international law firm Simmons & Simmons.
The DFA said more than 20 ranking executives and decision-makers in British business representing a wide range of sectors such as banking, animation, health management and legal processing attended the briefing.
Several UK firms with operations in the Philippines gave successive testimonials at the briefing on the talent, creativity and capability of Filipinos, as well as the superior value, infrastructure and government support available in the country.
Philippine Ambassador to the UK Enrique Manalo, in his address, cited the IT-BPO industry's significant contribution to the growing strength of the Philippine economy in the face of a challenging global business climate.
"Through the dark clouds of the world economy, the Philippine IT-BPO stood fast as a 'Sunshine Industry,' flourishing in a bright cycle of growth and development," he said.
He added the Philippines aims to increase total industry-generated jobs from 1.8 million in 2010 to 4.5 million by 2016, and exports from $9 billion in 2010 to $25 billion in 2016, spanning both voice and non-voice services.
"With the current rate of progress in the industry, I would not bet against the Philippines once again breaking all targets and records," Manalo said. — LBG, GM A News