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The BFSI (Banking, Financial Services and Insurance) industry in the Philippines is experiencing increased online hiring activity, as banks and financial institutes continue to view the country as a desirable destination for business.
According to the latest Monster Employment Index (MEI) data for September 2015, the Philippines has registered 10% growth in this sector when compared to September 2014. This is an increase of 8% from August's year-over-year data.
The MEI is a monthly gauge of online job hiring activity, which records the industries and occupations that show the highest and lowest growth in recruitment activity in Singapore, Malaysia and Philippines.
However, the Philippines was the only of the three markets to register positive year-over-year growth in e-recruitment activityin the BFSI sector.
Singapore saw a -1% year-over-year decline in the BFSI online hiring between September 2014 and 2015, an improvement from August's -13% year-over-year decline.
Malaysia experienced the steepest year-over-year decline at -5%. This is a significant drop from August's 10% year-over-year growth, also...