The Philippines economic status arises when many foreign investors came to the country to invest. The BPO (Business Processing Outsourcing) industry is one of the biggest investments came into the country. More job opportunities that are open to the people and helping the economic boom as well. There are big cities like Davao City, Baguio City, Cagayan de Oro City, Manila and Cebu City that are economically booming because of many foreign BPO investors that invested in their city.
Cebu City is known for BPO industries which are booming to business economy. Cebu is one of the most fortunate cities where many foreign BPO companies invested and provided more works to many Filipinos. Many are migrating from other cities to Cebu City because of more job opportunities with a higher pay. IT park is the business center in Cebu City where BPO. Many corporate promotional in IT park has truly attracted newly grad students to apply for work were many benefits are being provide to promote their company.