Strong Dollar, Higher US Wages Boost Philippine Call Centers [Yahoo! Finance Canada]
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: Yahoo! Finance Canada
industry on course to become the nation's top foreign exchange earner by 2026, according to industry executives. Most Read from Bloomberg The Philippine peso has weakened nearly 4% this year, and emerged as Asia's worst performer since the start of the second quarter. That's burnished the appeal of the Southeast Asian nation as a cost-effective destination for business process outsourcing. ADVERTISEMENT “We are in the export industry and earn foreign exchange. From that point of view, it's good to have a strong dollar,” Pushkar Misra, a director of the Contact Center Association of the Philippines, said in an interview on Thursday. The dollar is expected to strengthen further until year-end, he said. The industry's growth means it's about two years away from dislodging remittances from Filipinos overseas as the country's main source of dollar, according to the association's President Mickey Ocampo. The call center industry is on track to expand revenues by 9% this year to $3
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ACN
Earnings
- 3/21/24 - Beat
ACN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- ACN's page on the SEC website