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  1. Join Date
    Jan 2018
    Posts
    148
    #191
    I remember chatting up a couple of BPO execs during the campaign season who said their respective companies will think of moving out if digong wins. They also said they will leave the country.

    Closing in on 2 years now, they're still here. They also opened up more sites. And they haven't mentioned leaving in that time span.

    *shrug* just calling it as I see it



    ------------------------------------------
    Stay hungry. Stay humble.

  2. Join Date
    Apr 2014
    Posts
    5,246
    #192
    ^
    That might change if the peza benefits will be removed on the next train tax law.

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  3. Join Date
    Feb 2008
    Posts
    10,780
    #193
    Quote Originally Posted by stayhungry View Post
    I remember chatting up a couple of BPO execs during the campaign season who said their respective companies will think of moving out if digong wins. They also said they will leave the country.

    Closing in on 2 years now, they're still here. They also opened up more sites. And they haven't mentioned leaving in that time span.

    *shrug* just calling it as I see it



    ------------------------------------------
    Stay hungry. Stay humble.
    Quote Originally Posted by chronicle View Post
    ^
    That might change if the peza benefits will be removed on the next train tax law.

    Sent from my BLL-L22 using Tapatalk
    TRAIN2 is up for approval which could cost the PEZA companies an additional tax of 50% to 200%, depending on the typenof operations. There is also the possibility of the VAT to be levied on these companies and that is added administration and man-hours to the company, plus there is low probability of refund. Most BPOs enter a lease of 5 years and SLAs at an average of 2 years. Executives do not bluff when it comes to strategic planning. 1 example is Intel. Companies will cut back on cost and discretionary benefits if they choose not to move their operations elsewhere. Not trying to be a doomsayer but it will be the low level employees who will suffer.

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  4. Join Date
    Oct 2002
    Posts
    34,080
    #194
    I'm thinking because they still have contractual obligation with their existing clients Kaya hinde pa sila maka move out. But question is are there any new clients na gusto dito sa PH ilagay yun process nila?


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  5. Join Date
    Jan 2003
    Posts
    2,407
    #195
    Quote Originally Posted by stayhungry View Post
    I remember chatting up a couple of BPO execs during the campaign season who said their respective companies will think of moving out if digong wins. They also said they will leave the country.

    Closing in on 2 years now, they're still here. They also opened up more sites. And they haven't mentioned leaving in that time span.

    *shrug* just calling it as I see it



    ------------------------------------------
    Stay hungry. Stay humble.
    I think we are still cheaper than having to have the business move back to say HK, SG or even migrate the process to India.

    Ang susunod na lang na tanong is if our labor pool can bring in high value processes.

  6. Join Date
    Feb 2008
    Posts
    10,780
    #196
    Quote Originally Posted by shadow View Post
    I'm thinking because they still have contractual obligation with their existing clients Kaya hinde pa sila maka move out. But question is are there any new clients na gusto dito sa PH ilagay yun process nila?


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    Spot on...

    Too short

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  7. Join Date
    Feb 2008
    Posts
    10,780
    #197
    Quote Originally Posted by A121 View Post
    I think we are still cheaper than having to have the business move back to say HK, SG or even migrate the process to India.

    Ang susunod na lang na tanong is if our labor pool can bring in high value processes.
    2 countries come to mind - Vietnam and Indonesia.

    India is already siphoning tbe IT support.

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  8. Join Date
    Apr 2014
    Posts
    5,246
    #198
    Quote Originally Posted by shadow View Post
    I'm thinking because they still have contractual obligation with their existing clients Kaya hinde pa sila maka move out. But question is are there any new clients na gusto dito sa PH ilagay yun process nila?


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    Add to that the initial investment. Building lease for x years. If the exodus will happen, it would probably be done by increments where no one will notice it.

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  9. Join Date
    Jan 2018
    Posts
    148
    #199
    Quote Originally Posted by chronicle View Post
    Add to that the initial investment. Building lease for x years. If the exodus will happen, it would probably be done by increments where no one will notice it.

    Sent from my BLL-L22 using Tapatalk
    Maybe by the time the lease is up, the term of digong will be about done too then they'll share a couple more beers with me and they'd have to wait and see again who will be the new face in the chair

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    Oooooor he stays in power indefinitely assuming we adopt a parliamentary Fed form of government.

    Either way, BPOs will make a decision on what makes business sense to them. Even if policies or decisions or speeches hit them, if the bottom line here is still greener than anywhere else in the world, I'm thinking they stay.

    It's all about the money. It's all about the dum dum dee dee dum dum.


    ------------------------------------------
    Stay hungry. Stay humble.

  10. Join Date
    Feb 2008
    Posts
    10,780
    #200
    ^i like your positivity bro. I will drink to that.

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Philippine Economy Talk