"I would expect the Philippines to continue to reap the rewards of having English-proficient workers because the ability to communicate and collaborate in the international language of business is essential to actively compete in today's global economy," he adds.

The country is now overtaking India as a hub for call centers with over 400,000 Filipinos employed in the industry, despite being only 1/10 of India.

Following the growth of the business process outsourcing industry in the country, GlobalEnglish also sees that "outsourcing of high-value services such as medical transcription, financial services, and software development" are likely to flourish given the skills set of employees in the country.

Breaking The Barrier

However, the 2012 BEI also shows that a lack of Business English proficiency is threatening the productivity of companies, industries and country-specific economies this year.