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Manila looks set to become franchising hub in asia

AFTER business-process outsourcing (BPO), franchising is now seen as the next biggest employment generator and catalyst for real-estate development as more foreign brands locate to the country and make the Philippines their franchising hub for Asia.

Mahindra Satyam BPO turns cash-positive

finally turned cash-positive and is registering 3-4 per cent margins over the last few months, according to company sources.

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