Earnings from Outsourcing to Top OFW Remittances

Earnings of the business process outsourcing (BPO) sector are expected to overtake the amount of money sent home by overseas Filipino workers (OFWs) in the next five years, reports Interaksyon.com. BPO revenues are around $16 billion dollars while remittances are about $24 billion, but eventually BPO revenues will overtake remittances, according to the Monetary Board.