IT-BPO industry expands 13.8%

REVENUES of the country’s information technology-business process outsourcing (IT-BPO) industry expanded at a robust rate of 13.8 percent in 2013 from a year earlier, a central bank survey said.

Results of the Survey of IT-BPO Services conducted by the Bangko Sentral ng Pilipinas (BSP) showed that total revenues of the industry reached $15.3 billion in 2013, higher than the previous year’s $13.5 billion.