Sunstar has cited Business Week, saying that Davao is one of the cities that could “steal your job.” It is among 30 cities around that world that has good potential as sites for the Business Process Outsourcing (BPO) industry.

In the article written by Mark Scoot, among the reasons cited for Davao’s potential in the BPO industry are:

• its English-speaking talent pool;
• Davao City’s citation as being well suited for US consumer support; and
• the establishment of various information technology (IT) colleges and similar educational institutions in the city.

The article also states that other cities that used to thrive and dominate the BPO industry are starting to get more expensive driven by stiff competition among local firms. This has allowed the rise of new venues and sites for BPO firms, including Davao City as one of the top 30 in the world.

Hence, the reason you might lose your job overseas. This is good news for investors, foreign firms looking for BPO firms, and local policymakers who wish to take advantage of Davao’s infrastructure and human resources. It translates to affordable but quality human resources that could enhance your company’s operations.

This is also very good news for locals trying to get into the BPO industry, especially those seeking for employment.