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Asiatel Outsourcing eyes workforce expansion in PH over the next two years

HR FORWARD ASIA | Lyene Darang

Philippines – Asiatel, the first Filipino-founded business process outsourcing firm to be listed on Canada’s TSX Venture Exchange, plans to expand its Manila operations in the next two years, as cited by BusinessWorld in a news report.

“One of the things that we want to have is build satellite offices around Metro Manila,” said Asiatel Outsourcing Chief Executive Jasjit Singh Anand.

The listing is expected to aid Asiatel’s plans to shift to ‘higher-value’ knowledge process outsourcing. This includes engineering support, ESG compliance, accounting, software-as-a-service deployment, and artificial intelligence-assisted service delivery.

Anand said that they wanted to add niche services that are ‘basically taking the BPO business forward’.

Read More: https://hrforwardasia.com/asiatel-outsourcing-eyes-workforce-expansion-in-ph-over-the-next-two-years/


Forward-looking Statements

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Forward looking statements in this news release include, but are not limited to statements regarding strategic acquisitions, scaling beyond current footprint in the SME market, future growth, shifting towards higher-value KPO, accessing capital markets to fund growth or acquisitions and expanding into ASEAN, Latin American or European markets. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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