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Philippines’ major BPO event completes a decade

February 1, 2010: Philippines is all set to organize the 10th e-Services Global sourcing Conference and Exhibition this coming February at SMX Convention Center, Pasay City. The two day event starts on February 8 and ends on February 9, 2010. This is the largest ICT/BPO event in the country. This time it is expected to pull in 1,440 trade buyers and 120 exhibitors across the globe.

President Obama to slash tax breaks for US outsourcing companies

Washington, January 29, 2010. – US President Barrack Obama making an announcement at the State of Union address has made it clear that his government will slash tax breaks to those American firms that choose to ship jobs abroad. The sudden revelation of the tax breaks stands as a huge blow for the Indian IT – BPO industry.
The American President also added the House decision would encourage businesses to stay within their own country. Moving forward, the House has passed the Job Bill that states tax breaks would be offered to firms that create jobs within United States.