Event

“When America sneezes, the rest of the world catches a cold.”

This cliché was coined in the aftermath of the 1929 Wall Street crash. Almost 90 years later, it’s cited whenever developments in the U.S. threaten to impact the global community. Which is why we are hearing it more often today.

With the United States the source of most of its clients, the Philippine offshoring and outsourcing (O&O) industry is concerned over the impact a prolonged US slowdown will potentially have on the industry, the Peso, and the global competitiveness of the Philippines. But a recent survey by Outsource2Philippines (O2P) and the Business Processing Association of the Philippines (BPAP) showed that continued strengthening of the Philippine Peso against the US dollar has had “no impact or only modest impact” on the local O&O industry — so far.

Will that continue to be the case?

O2P and BPA/P are presenting an exclusive executive briefing that takes off from their closely followed survey results. The briefing by respected economic and industry experts is intended to provide a closer examination of the factors and issues related to an increasingly likely US recession and further appreciation of the peso. Industry representatives will participate in a highly interactive forum to share how these issues impact their decision-making, what they are doing about them, and why.

This is a meeting that you’ll want to attend, and we invite you to do so. Note that although we are accepting a modest fee from participants to cover expenses, the briefing is by invitation only, and is designed specifically for C-level managers — decision makers like you. Because we expect the briefing to be fully subscribed, we encourage you to register for it at your first opportunity. You can register online at www.teamasia.com/reg_events/bpap_o2p/registration.html or by completing and faxing the enclosed form to +63 2 757 2510.