Alorica orders 80K doses of AstraZeneca’s COVID-19 vaccine
Alorica is one of the big business process outsourcing (BPO) firms that will be providing free COVID-19 vaccine for its employees. The company ordered 80,000 doses of the vaccine from AstraZeneca. It is among the 300 companies that have signed an agreement with the national government and the pharmaceutical firm to procure the vaccine. Alorica will shoulder […]
SAI Digital announces full-service agency expansion in 2021
SAI Digital announced its expansion to become a full-service agency in 2021. The Asia-Pacific focused digital agency specializes in Enterprise eCommerce and Customer Experience technologies. The new additions to it service portfolio are digital marketing and intelligent commerce. These will further fulfill its goal of providing best-in-class services for its clients in the region. The firm has been catering to […]
India’s major IT firms reported rapid increase in employee hiring In FY Q3 2021
India’s IT industry has been seeing steady growth after the disruptions in the first half of 2020. The country’s biggest firms Tata Consultancy Services Ltd., Infosys, and Wipro have released their Q3 profits. All three companies reported positive YoY growth in net profit in fiscal year third quarter which ended December 31, 2020. These major firms […]
The Philippines – Peza gets P95B worth of investment promises
The Philippine Economic Zone Authority (Peza) received P95 billion worth of investment commitment for 326 projects approved in the manufacturing and business process outsourcing (BPO) sectors last year despite the pandemic difficulties. The figure is 19% lower than the P117.5 billion investment pledges in 2019, but it is higher than the agency’s forecast in July last year. Peza hopes to attract […]
Philippine central bank gov sees solid 2021 growth
“The worst is behind us. The recovery phase has begun,” said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. Gross domestic product (GDP) forecast will grow between 6.5%-7.5% versus last year’s 8.5%-9.5% projected contraction, according to the central bank chief. The Philippine economy was one of Asia’s fastest growing until the pandemic hit and prompted lockdowns causing a significant slowdown […]
ISG Index: Global Sourcing Hits Record High in Q4
Information Services Group (ISG) found in its latest state-of-the-industry report that the combined global market’s 2020 Q4 annual contract value (ACV) reached $16 billion. This is an increase by 13% versus the previous year and 9% versus Q3. Among the highlights are IT Outsourcing (ITO) growth by 14% with $5.7 billion ACV and cloud-based services’ 24% with $8.8 billion. The Asia Pacific generated $2.6 billion […]
China’s tech titans Alibaba, Tencent dive in Hong Kong on US ban fears
The Trump administration plans to move forward with the November executive order banning Americans from investing in Chinese companies like Alibaba and Tencent. This has already affected both tech titans with Alibaba sinking more than 4% and Tencent 3.3% in morning trade with multiple government departments evaluating the impact of the ban. For Alibaba, this will come as another […]
India’s Firstsource Solutions Acquires US Rival PatientMatters for $13 Million
Firstsource Solutions took over its competitor, Florida-based PatientMatters for $13 million. This expands the Indian outsourcing firm’s access to more potential clients in the US healthcare industry. PatientMatters earns mostly from serving as a back-office for hospitals and clinics. After the deal is finalized, PatientMatters’ InteliPass (a patient engagement software) will be merged into Firstsource platforms. Aside from providing technology solutions to hospitals, PatientMatters also offers training services to […]
Maximizing an Outsourced Work-From-Home Model
There is an unprecedented challenge today for companies worldwide to transition office-based employees to a remote work environment.
Singapore’s InCorp Global Expands to Malaysia with an Acquisition of WeCorporate
Singapore’s leading corporate services provider acquired WeCorporate Global Consultancy Sdn Bhd. The move expands InCorp Global’s presence in Malaysia. WeCorporate launched in 2018 as a pioneer in the industry and has serviced over 1,500 tech start-ups, established businesses, and foreign companies from around the globe. InCorp Malaysia will provide businesses in the country a wide […]
