Dumaguete City ? The business process outsourcing (BPO) industry continues to propel Dumaguete's economy, contributing at least P20 million a month in salaries, the head of the provincial chamber of commerce said.
?This is new money coming in each month,? Manuel Sagarbarria, president of the Negros Oriental Chamber of Commerce and Industry, said in an interview.
He said the BPO industry in Dumaguete and Negros Oriental province employs close to 3,000 workers.
There are three big BPOs in Dumaguete City and Negros Oriental ? Teletech, SPI and ePLDT.
The province also hosts a number of smaller BPO companies such as EntheosIT, which specializes in architectural designs, website development and animation.
Javier Fortunato Jr., director of the Department of Trade and Industry's provincial office, noted in a separate interview that the money brought in through the BPOs also helps create more jobs and livelihood since the workers spend their money, among other things, on transportation, food and housing.
?There is a multiplier effect of three for every IT job,? Fortunato said.
However, other Dumaguete businessmen, such as former Isla Communications president Fred Dael, said the multiplier could be more.
?We place the multiplier at 16. There are many jobs that these BPO workers support, which stretches the money further,? Dael said.
Dael attributed the booming BPO industry in Negros Oriental to the talent pool generated by Silliman University, Foundation University, St. Paul University, Negros Oriental State University and seven other colleges in Dumaguete. /INQUIRER