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Nearshore Americas · Proximity is power. Intel for the cross-border knowledge economy.
News · Wednesday, September 30, 2026
Philippine BPO Industry Warns Weak-Peso Boost Is Short-LivedThe Philippine peso is near a historic low, but the country's top BPO lobby warns that two major factors will erode any boost from a weaker currency.
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Philippine BPO Industry Warns Weak-Peso Boost Is Short-LivedThe Philippine peso is near a historic low, but the country's top BPO lobby warns that two major factors will erode any boost from a weaker currency.
The Philippine IT-BPO industry has warned contact center companies that rising inflation and wage pressures could soon erode the financial gains they are getting from the weaker peso.
The peso’s depreciation is only a short-term advantage for the BPO sector, where most contracts are billed in US dollars, local news outlet Manila Standard reported.
News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.
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