Why Philippines is seen as Asia's hub

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Several international companies dub the Philippines as the “ICT Hub of Asia”. It is no secret that there is a growth of ICT-related jobs around the country, one of which is the call center or BPO (Business Process Outsourcing) cente.

The Philippine ICT industry is expected to continue its upward trajectory due to opportunities from the financial, telecommunications, Business Process Management (BPM), and health IT sectors.  Increased consumer spending, low PC penetration, and small and medium enterprise (SME) modernization will also contribute to its growth.  Business Monitor International (BMI) forecasts total IT spending for 2016 to be US$4.4 billion, an 8.3 percent increase from 2015.  BMI expects the annual growth rate in this sector to increase to 10.6 percent and reach US$6.6 billion in total spending by 2020.

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