Why Finance and Accounting are Better Outsourced
All organizations have financial requirements. Outsource Asia provides sound advice for customized finance and accounting services through consultation for businesses. The team helps small to large companies interested in outsourcing their finance services. Outsource Asia is your partner every step of the way, from identifying specific business needs, to choosing the best service provider, to […]
4 Reasons That You Need Content and Digital Marketing to Grow Your Business
Marketing is one of the most important aspects of any successful business. Any product or service, no matter how great, will never render great success unless accompanied by effective marketing. Marketing has been around for hundreds of years but as technology is changing the way we live and work, it’s important that our strategies adapt […]
Taiwan Scheduled to Undergo 11th Vaccination Round
Taiwan’s Central Epidemic Command Center (CECC) recently announced guidelines for the 11th round of COVID-19 vaccinations. Those eligible for the first dose of Pfizer-BioNTech, and the second dose of either Moderna or AstraZeneca PLC respectively may start booking their appointments next week. Questions were also raised on whether different vaccine brands may be taken as […]
Daily COVID-19 Cases in Malaysia Continue to Stay Below 10,000
The Malaysian Ministry of Health declared that 9,380 new COVID-19 cases were detected in the last 24 hours, accounting for a 6.4 percent increase from the previous day’s record of 8,817 cases. This is also noted to be the fourth day in a row of recording less than 10,000 cases. The breakdown of cases according […]
BPO Market in India Expected to Hit $8.8 Billion by 2025
India’s BPO market is currently set to reach a valuation of $8.8 billion by 2025, growing at a CAGR of 5.8%. New guidelines given by the Indian government earlier this year for BPO and ITES industries regarding remote work allowed BPO firms to “improve scale and speed of services.” These have also helped India become a tougher competitor in the industry against other countries such as […]
Outsourcing in the New Normal
Whether it is traditional office-based companies, onshore shared services, or offshore outsourcing, any business service organization is has been extensively impacted by COVID-19. This article provides useful tips on how to build greater resilience and flexibility as a service supplier during the pandemic crisis and what outsourcing means in the new normal. Short Term 1. […]
Indian Government Exempts BPO and KPO Sector Relieved of 18% Goods and Services Tax
The government has recently announced that the BPO and KPO sector will no longer be considered as intermediary services, resulting in the absolving of the 18% GST. The Central Board of Indirect Taxes and Customs (CBIC) also explained that intermediary services are only applicable to those who supply to or receive services from locations outside […]
Philippine BPO Industry Remains Stable and Resilient Amid the Pandemic
Outsourcing has always been and will always be a reliable way for companies to cut costs while still attaining quality services. When the economy is doing well, business expansion is seen as an opportunity, and the most efficient way to achieve that is through outsourcing. Alternatively, outsourcing also became a solution for corporations that were pushed to significantly […]
Philippine Government Seeks to Revise New Working Arrangements for BPO Industry
The Fiscal Incentives Review Board (FIRB) recently announced that BPO firms will now be required to have at least 10%Â of their workforce present in physical offices until March 2022. Companies who do not follow are said to be in danger of “suspension, withdrawal, or cancellation of tax incentives.” The Philippine Economic Zone Authority (PEZA) is […]
India’s Employment in Nine Sectors Including IT-BPO Reaches 30 Million During Q1 of FY21-22
The Quarterly Employment Survey (QES) for the April-June quarter of fiscal year 2021 to 2022 was released on September 27, 2021. It estimates that employment in nine non-farm sectors was over 30 million, a 29% increase from fiscal year 2013 to 2014. Among all of the sectors included in the census, the IT-BPO sector recorded the highest growth of 152 […]
