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Philippines Wins Best Offshoring Destination of the Year Award in the UK Anew

The PhilippineTrade & Investment Center – London (PTIC) reports the Philippines was again named Best
Offshoring Destination of the Year during the 6 th annual National Outsourcing Association Awards held at
the Park Plaza Riverbank Hotel in Central London last 15 October 2009. This award was also given to
the Philippines in 2007, the last time the country was nominated in the category.

The Philippines bested four other shortlisted countries, namely Egypt, Russia, Malaysia and Sri Lanka.
The countries were judged based on criteria covering country advantages and appeal to UK companies,
level of market penetration in the UK and the areas of outsourcing available in the country.

The Philippine nomination was submitted by the Business Processing Association of the Philippines
(BPAP) on 20 July 2009 to convey the idea that the Philippine IT-BPO industry achieved even greater
heights since it won the award in 2007. The Philippine bid affirmed that the country’s IT-BPO industry has
been consistent in its remarkable growth amid the global financial crisis. The nomination of the
Philippines by BPAP also reflected the latest upbeat figures and milestones that the Philippine
Outsourcing and Offshoring sector registered, and the new services and growing sectors that the industry
offered.

The nomination of the Philippines was also made possible by the recommendations of the PTIC, the
representative office of the Department of Trade and Industry (DTI). PTIC London also serves as the
Commercial Section of the Philippine Embassy in the United Kingdom.

The National Outsourcing Association is the recognized industry association for the outsourcing industry
in the United Kingdom.

The award reaffirms the Philippines’ position as one of the world’s leading outsourcing destinations.
Outsourcing and Offshoring remain among the top priority investment sectors promoted by the Philippine
Department of Trade and Industry and its UK Office, PTIC London. In a recent Business Forum in
London attended by around seventy C-Level Executives and Managing Directors, and where DTI
Secretary Peter B. Favila delivered the keynote address, Outsourcing to the Philippines was among the
sectors featured and warmly welcomed by those who attended.

The Philippine outsourcing industry is now seen to expand its impressive range of services offered
globally to include not only the traditional voice, IT and BPO services but also higher value services such
as finance, accounting, artistic design, engineering and architectural services, among many others.