The Philippines has been noted for its proficiency in English that other Asian countries could not equal. We have an unusually large group of English speaking college professionals, thanks to our system of education, to be highly competitive in this field. Foreign companies are tapping our working force that is proficient in English while benefiting the low wage rates in the country. Foreign firms from the U.S., Europe, and other Asian companies are establishing offices in Manila, Cebu and Mindanao because the pay increase is slower. Such companies are U.S. law firm Baker & McKenzie,Japanese medical information services provider Inforesta, IBM, and other Chinese and Vietnamese firms. The BPO (Business Process Outsourcing) is a kind of work that involves office work beyond call centers, but in other fields such as law or medicine. These blue-collar jobs will greatly benefit our many Filipino college graduates and young professionals in need of work. Roman Romulo, chairman of the Higher and Technical Education Committee said, "This will help address unemployment, especially among college-educated Filipinos. We are confident that BPO firms will be able to add an average of 124,000 well-paying jobs annually from 2014 to 2016." The BPO industry will bolster local incomes and aid economic growth to our country. Survey shows 960,000 people were employed in the industry in 2013 and expected to rise to 1.3 million by 2016. Watch out college graduates and young professionals.
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Tidbits:
G.R. No. 181112 June 29, 2010 INTERORIENT MARITIME ENTERPRISES, INC., INTERORIENT ENTERPRISES, INC., and LIBERIA AND DOROTHEA SHIPPING CO., LTD.vs.LEONORA S. REMO
Courtesy of Atty. Fidel Borja
Based on the foregoing disquisition, we find the Acknowledgment and Undertaking to be void, as contrary to public policy. Other than the fact that the Acknowledgment and Undertaking did not provide for any consideration given in favor of Lutero, it is likewise evident that the terms thereof are unconscionable and that petitioners merely wangled them from the unsuspecting Lutero who, at that time, just arrived in the country after having been confined in a hospital in Dubai for a heart ailment.
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