Indonesia Economic Forecast 2021

Indonesia Economic Forecast 2021

The Indonesia Economic Forecast 2021 summarizes key economic and social developments over the past year. It also presents findings on the evolution of policy reforms, external/global conditions, and financial-market dynamics from world-recognized financial institutions and multinational professional services authorities, assessing their implications for the country’s medium-term economic outlook.  Indonesia, like all other countries around the […]

UnionBank Philippines chooses Infosys Finacle for cloud computing solution

UnionBank Philippines

Asia’s leading non-government organization for entrepreneurship, Enterprise Asia recently hosted the first virtual Asia Entrepreneurship Forum with the theme Accelerating Growth Beyond Borders. The event focuses on how economies can accelerate growth post-COVID-19 through three primary factors: Resilience, Reinvention, and Transformation. Among the attendees are over 500 c-suite level executives and business leaders from Cambodia, […]

India sees increase in hiring activity in IT, financial services, BPO/ITeS in April-June quarter

India sees increase in hiring activity in IT

Indeed India Hiring Tracker mapped out the quarterly job market activity until June 2021. It showed an increase in the overall recruitment activity in the country by 11%. Among the industries with remarkable growth are Information Technology (61%), Financial Services (48%), and BPO/ITeS (47%). Indeed Head of Sales Sashi Kumar noted how the “tracker reflects the resilience of India’s labor market”. 

India Economic Forecast 2021

India Economic Forecast 2021

The India Economic Forecast 2021 summarizes key economic and social developments over the past year. It also presents findings on the evolution of policy reforms, external/global conditions, and financial-market dynamics from world-recognized financial institutions and multinational professional services authorities, assessing their implications for the country’s medium-term economic outlook.  OECD’s Economic Outlook 2021 projected India to become the fastest-growing G20 […]

The Philippines urged to do more in protecting porous digital ‘borders’

Painting the picture of the aftermath of a cyberattack – a single cyberattack at an enterprise level can cost Php 52.4 million. The amount is Php 2.4 million more than the annual fund allocated for the implementation of the country’s Cybercrime Act (Republic Act 10175). It is with this scenario that Singapore-based field chief security officer of […]

Singapore GovTech: Migration to cloud continues, and expect more SaaS once we secure it

Singapore envisions a transition in the industry’s role form wholesale outsourcing providers to co-developers of digital projects together with the government. GovTech Director of Procurement Yu Ling Mah recommend to companies interested in partnering to invest in upskilling their employees in various technologies and secure cyber practices to win bids.

Flex: The future for India’s office segment

The shift to work-from-anywhere setup which was influenced and accelerated by the pandemic has led to the rise in demand for flexible spaces. In India, the flex workplace segment has gained the position of being one of the major sellers in the office market. The country’s flexible stock in the next 3 years is expected to increase by […]

India eases norms for voice BPOs to become global outsourcing hub

India’s liberalized guidelines for voice-based BPOs removes the differentiation between domestic and international units and permits interconnectivity among all types of other service providers (OSP) centers. This means that companies with voice-based centers in the country can now service both global and domestic customers using common telco resources. This is a shift from what before was required to have a dedicated and separate infrastructure. […]

The Philippine BPO industry eyes $29-billion revenue, more jobs by 2022

The Philippine IT-BPO sector sees a potential revenue growth of $29 billion and an estimate of 160,000 more jobs by 2022 amidst the pandemic, according to an industry leader. The sector continues to show resilience and has even become a fast-growing dollar export contributor to the country’s economy even in the last year when its revenue was $26.7 billion, and it was able […]

China Economic Forecast 2021

China Economic Forecast 2021

The China Economic Forecast 2021 summarizes key economic and social developments over the past year. It also presents findings on the evolution of policy reforms, external/global conditions, and financial-market dynamics from world-recognized financial institutions and multinational professional services authorities, assessing their implications for the country’s medium-term economic outlook. China’s economy, according to National Bureau of statistics […]

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