Posted on June 5, 2017
The Business process Outsourcing (BPO) industry in the Philippines continued to experience a positive growth rate, with revenues second only to OFW remittances and more than 1 million Filipinos are currently employed in BPO industry.
This continues to attract young, hip, tech-savvy Filipino youth and IT professionals because of the great salary amount that can compensate their personal and family needs. The BPO entry level employee has an average salary that range to P 12,000 – P 15,000 big enough to lure young Filipino workers in spending sprees on gadgets, clothes, real estate and most especially in traveling that has positive impact in the Philippine tourism industry .
Especially now that it is sumer here in the Philippines, most of the tourist spots all around the Philippines have been dominated by domestic tourists on vacation, company outing or team building activities.
The growth of domestic tourism has a several important implication in the country, such as:
- Can boost the growing middle class population,
- Less dependency on foreign income
- Boosts tourism industry
The Oxford Group’s reported that the Philippines domestic tourism has been growing much faster by the average of 14% a year. The report attributes this to the expansion of the budget airlines and the young, adventurous growing middle class Filipino and to the fast growing Business process outsourcing (BPO) industry.
The good thing about tourism is that it’s a nationwide scope, top destinations are spread throughout the country and even all over the world. The benefits of growth are able to reach the countryside which makes tourism can be more significant in our government’s efforts to make economic growth more inclusive.
Domestic tourism: Hot as summer, Business Mirror