UK’s newspaper highlights Vietnam’s development strides
UK website strifeblog.org featured Vietnam’s emergence as a regional middle power. Highlighted in the article are the country’s achievements in the global supply chain and 5G technology development. In terms of technological development, Vietnam has built its own domestic infrastructure and is expected to deploy for commercial use within the year. Vietnam’s state-owned telecom company, Viettel, partnered with Ericsson to […]
Japan’s transcosmos opens its third operations center in Kuala Lumpur, Malaysia
Business Process Outsourcing (BPO) will continue to support and remain a pillar of the real estate industry in the Philippines, according to Asia Pacific Real Estate Association (APREA) CEO Sigrid Zialcita. She also added that the BPO sector can support the country’s real estate investment trust (REIT) investments since the REIT’s portfolio is mostly in […]
Recalibrating Business Strategy for the New Normal
The ongoing health crisis has profound impact on how organizations and global enterprises run their organizations in the future. Securing short-term survival is on top of the list but there is also an urgent need to make fundamental strategic decisions, from mid- to long-term, to build a sustainable growth engine despite unfavorable business conditions. As […]
BPO remains pillar of the Philippine real estate sector: APREA
Business Process Outsourcing (BPO) will continue to support and remain a pillar of the real estate industry in the Philippines, according to Asia Pacific Real Estate Association (APREA) CEO Sigrid Zialcita. She also added that the BPO sector can support the country’s real estate investment trust (REIT) investments since the REIT’s portfolio is mostly in […]
Bank of America added 3,000 more jobs in India
The Bank of America (BofA) added 3,000 more jobs in India whilst the pandemic. According to BofA country head for India Kaku Nakhate, the pandemic opened an opportunity to take leadership roles with the absence of business continuity plans (BCP) prepared for a situation where the entire world gets locked down. She underscored how Indians can thrive in […]
A Guide to Building a More Resilient Business
As industries navigate new working norms, there is a need to identify both short-term stopgaps and long-term solutions while quickly adapting the workforce and business priorities to internal and external challenges in any market. In this post-viral era, building a more resilient business is the name of the game.  Why Resilience Is Important Resilience is defined as an organization’s capacity to face risks and threats, recover critical functionality and efficiency, and sustain impressive […]
How 5G could affect medtech
The question now is how quickly will companies in medtech take advantage of 5G for their own products. The promise of possible download speeds of up to 10gb per second mean bigger data can be brought together to medical processes from robotic telesurgery to vital therapies and drug delivery.
IT-BPM sector books $26-billion revenue in 2020
The Philippine IT-BPM did not grow in 2019 due to the pandemic, but the revenues didn’t drop either. The industry revenues last year amounted to $26.2 billion, slightly lower that 2019’s $26.3 billion. Likewise, the employment figures were maintained at 1.3 million. Moreover, despite the challenges with the ongoing pandemic, the country remains attractive for […]
Singapore: Regulation covering digitalization has insignificant effect on insurers
Insurers in Singapore reported a decrease in sales during the beginning of the pandemic. A survey showed that customers prefer to purchase insurance through face-to-face channels, which is identified as a contributing factor to the decline in sales. Moreover, the barriers experienced by insurers include insurance distribution regulation, medical exam requirements, and data protection and privacy […]
HSBC launches fund admin service in Thailand
HSBC launches a fund administration service for asset managers and owners after Thailand has loosened its outsourcing rules. This is an effort by the Thai Securities and Exchanges Commission to improve operational efficiency for local fund managers. HSBC clients in Thailand will now be able to access fund admin services via its Multifonds platform which is also […]
