THE Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry have agreed to harmonize their reporting systems on the business process outsourcing (BPO) industry to ensure proper measurement of the sector’s economic contribution.
In a statement, the BSP said the synchronization would include data on revenues, exports, foreign investment, employment and compensation.
“The agreement [...]

MUMBAI: Tata Communications has launched an innovative service which enables employees of BPOs to work from home.
The service, called Work From Home Solution, will help IT-enabled Services (ITeS) companies to give their employees an option to work from home, while maintaining the security and confidentiality necessary for the business, a press release issued here said [...]

BANGALORE: Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, today announced that the company has reorganized its procurement business to provide end-to-end solutions across the entire ‘Source-to-Pay’ cycle to address the changes in the global sourcing and procurement industry and differentiate itself vis-à-vis competition.
The reorganization, which came into effect on August 1, will [...]

MANILA, Philippines — Ayala Corp. said it has allocated $200 million to finance its business process outsourcing (BPO) operations through subsidiary LiveIT Solutions.
In its latest corporate disclosure, the conglomerate sought to clarify a Businessworld news article, saying it is investing $80 million this year.
Ayala said it has already invested $120 million, including acquisitions conducted through [...]

Revenues increase 232% for the second quarter vs. Q2 2007
ANAHEIM, Calif., Aug. 14 /PRNewswire-FirstCall/ — BPO Management Services Inc., (OTC Bulletin Board: BPOM - News), a full-service business process outsourcing company focused on serving middle-market enterprises, today announced financial results for the second quarter and first six months of 2008, the period ended June 30, [...]