Philippines Outsourcing Growth May Slow as Industry Faces Challenges | In the News

The Philippines largest group of outsourcing companies has cut its revenue forecast through 2022 as risks from automation to higher taxes rise.

Sluggish growth in major markets, talent shortage, increase in automation, and regulatory changes are some of the factors that disrupt the industry’s growth, H. Karthik, managing partner at research and consultancy Everest Group, said in the same forum.

Read more in Bloomberg

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