MANILA – International SOS, the world’s largest safety services company, said Wednesday it was doubling its hirings in the Philippines as more Fortune 500 firms set up shop in the country.
Demand for security services has outpaced economic growth said International SOS managing director Laurent Sabourin.
The Philippines, located in the Pacific "ring of fire," is dotted with active volcanoes and fault lines. Hundreds of drug suspects have also been killed since the new government assumed office last year and launched an anti-crime crackdown.
International SOS helped evacuate expatriate workers from the civil unrest in Indonesia during President Soeharto's fall in the late 1990s and the 2008 Mumbai terror attacks.
The London-based firm is pursuing its expansion in the Philippines, notwithstanding uncertainties over Britain’s decision to leave the European Union.