Philippines Cited as World's Top Outsourcing Center

"MANILA, Philippines – For the third time, the Philippines was cited as the “world's leading global outsourcing center” when it was awarded the Offshoring Destination of the Year Award for 2010.

The country first bagged the coveted title in 2007. The Philippines also beat other countries in the same category last year, making this year a back-to-back win.

The honor was given during the National Outsourcing Association (NOA) Awards Night, held at the Park Plaza Riverbank Hotel in London last week."

This is obviously good news that should at least make the head honchos of the outsourcing industry happy amidst the strengthening of the peso.

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