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Affordable Quality Human Resource
- Skilled labor force of 29 million
- Literacy rate of 95%
- 3rd largest English speaking nation
- META ranked Philippines No. 4 worldwide in availability of knowledge workers
- 380,000 graduates/year
- Western-patterned educational system
- Strong work ethic, consultative/customer-oriented mind set
- Quality management staff
- Easily trainable
- Low attrition rate
- Lower costs: approximately one-fifth the cost of the US and Europe
Affinity to Western Culture
- World-class English proficiency
- Similar form of government structure
- US GAAP adopted Accounting Systems
- Legal system/contracts similarity
- Same media sources
- Strong familiarity with Western culture yet open and easily adaptable to other cultures
Strategic Location
- Located in the fastest growing outpost of high-tech economy
- Gateway of international shipping and airlines (FEDEX, UPS, etc.)
- Critical entry point to over 500 million ASEAN market
- Accessible by air within four hours from any Asian capital (Japan, Korea, Singapore, Taiwan)
Hospitable Lifestyle: Expatriates’ top choice for quality of life
- Friendly people
- Value-for-money housing
- Modern recreational facilities
- First- rate educational institutions (International schools: British School, German school, Japanese school, Mandarin school, etc,) Source: Far Eastern Economic Review, Political & Economic Risk Consultancy (PERC), May 2000.
Expanding Infrastructure
- High quality, low cost bandwidth, expanding domestic network with 6 platforms available: fixed line, cellular, cable TV, over the air TV & radio and VSAT system)
- Redundant international connectivity: fiber optic cable and satellite
- Bandwidth cost declined by 70% over the last 4 years
- Presence of dedicated IT parks with fiscal incentives offer
- Availability of IT-enabled floor area
Strong Government Support
- The Information Technology and E-Commerce Council (ITECC) was formed to oversee, review, update the national promotion strategy for E-Commerce
- President Arroyo chairs this government-private council
- Availability of investment incentives
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