Indiaâs IT sector sees constant rise in hiring in January
Indiaâs IT sector have seen a remarkable growth in recruitment in metro cities such as Bengaluru, Hyderabad, Pune, and Delhi, an equivalent of more than 50% jobs in the sector in January 2021. Job posting increased by 39% compared to the previous month. Next to the IT sector are BPO with 10% growth and banking with […]
Business Continuity and Business Resilience: Why it Matters for Organizations
According to the â2020 Mercer Covid-19 – Global Survey Coronavirus Impact to Global Market”, more than 50% of organizations worldwide have no tangible plan for business continuity and organizational resilience.
Thailandâs Sophisticated Digital Surveillance System
Thailand has developed one of the most advanced digital surveillance systems in the region. Thai cyberspace has become militarized since the military coup in May 2014, according to Pinkaew Laungaramsri and Wolfram Schaffar. The militaryâs formation of the cyber warfare unit in 2015 showed the juntaâs intent to have a digital authoritarianism. The Thai ministry announced in 2018 the plan to establish […]
Czech diplomat writes on Vietnamâs 4IR strategy
Czech diplomat David Jarkulisch said that the development of Vietnamâs digital economy will open opportunities for Czech companies operating in this sector in Southeast Asia, specifically in cyber security and digital banking. Vietnamâs newly approved strategy on the Fourth Industrial Revolution (4IR) aims to change the current growth model primarily based on use of cheap labor and sets the […]
Private capital funds to spend billions on tech & outsourcing
In the report âThe future private capital CFO: Evolving in a digital ageâ, it showed that private capital fund managers will spend billions of dollars in adapting solutions to meet their clientsâ expectations for more frequent reporting and other transparency demands. A quarter of the CFOs in the survey said they would invest more on […]
Singapore: MAS revises Technology Risk Management Guidelines
The Monetary Authority of Singapore (MAS) has revised its Technology Risk Management Guidelines 2021 (TRM Guidelines) to match the current trends in technology advancement. The updates were based on the feedback from a 2019 public consultation and discussions with cyber security experts. Many of the expectations were from the TRM Guidelines 2013 edition. The difference is in MASâ new guidance […]
India projects a 6.4% average salary increase in 2021
A survey by Willis Towers Watson report that salaries in India are projected to increase an average of 6.4% this year which is equivalent to a median increase of 7%. Comparing the forecasted salary increase in the key markets in Asia Pacific this year, it shows Indonesia at 6.5%, China at 6%, Philippines at 5%, Singapore […]
ADB: The Philippines may benefit from new globalization
The Asian Development Bank (ADB) said the Philippines could find significant gains from the current big shift in global trade. While the pandemic disrupted the global economy and trade, Asia must embrace trade liberalization and facilitation efforts so it can reap benefits from economies shifting their supply chain networks. The Philippinesâ services sector will likely benefit from the new round of globalization […]
The Future of Shared Services
Shared Services is an autonomous business unit composed of people, technologies, and infrastructure that enables execution, delivery, management, and optimization of non-core but mission-critical corporate functions.
Hinduja Global Solutions Q3 net profit grows nearly 6%
Indiaâs Hinduja Global Solution, the BPO arm of Hinduja Group, reported 5.6% increase in its consolidated net profit in the December 2020 quarter despite the pandemic. The company did well in most of its business segments including Healthcare, UK, and HGS digital. The growth has been driven by healthcare business and its operations in UK. […]
