Nepali businesses demand alternative to restrictions as economy takes hit
The pandemic has hit small to large enterprises from various industries in Nepal. An estimate of about 90% of the small and medium enterprises â contributor of 22% of Nepalâs gross domestic product (GDP) â have remained close. Most recent government data showed that Nepalâs GDP saw a massive decrease in the 3rd quarter of […]
Vietnam and Thailand Expand Cooperation Across Sectors
Vietnamâs Deputy Prime Minister & Foreign Minister, Pham Binh Minh and Thailandâs Foreign Minister, Don Pramudwinai shared views on cooperation between the two countries during a virtual talk on September 3rd of this week. Both sides agreed to conduct more all-level meetings and visits and work together in preparation for the activities for the 45th […]
RPO Market Size Worth $20.8B by 2027 Reports Grand View Research, Inc.
Research by Grand View Research, Inc. reports that the global recruitment process outsourcing (RPO) market size will reach $20.8 billion by 2027 with a compound annual growth rate (CAGR) of 18.5%. This foreseen significant growth in the RPO market is attributed to the increasing demand for updated recruitment and hiring processes. The introduction of digital […]
China Again Urges India to Stop Banning Mobile Apps
India banned a total of 224 Chinese-linked mobile apps citing concerns over data privacy and threats to national security. China responded by urging the country to stop the ban. In the Chinese embassy statement, it said, âChina urges Indian government to rectify discriminatory practices of blocking Chinese Mobile Apps with excuse of national security which […]
More Manila business reopens
The Philippine government further eases quarantine restrictions allowing fitness gyms, barber shops, and Internet cafes in Manila to partially reopen. The country continues to struggle in finding balance between enforcing public restrictions and managing economic concerns. The Philippines currently has the most coronavirus infections in Southeast Asia. There are more than 220,000 COVID-19 cases with […]
India experiences worst economic contraction in decades
Indiaâs economy shrinks sharply in the second quarter of the year based on official data. The decrease by 23.9% is the worst thatâs recorded since 1996 when the country began releasing its quarterly data. The coronavirus pandemic resulted to adverse effects in Indiaâs economic activity during the quarter. Experts fear it will face a recession […]
DAP sets up âaduanmoratoriumâ portal to help Malaysian borrowers
The Malaysian Democratic Action Party (DAP) launched a website called âaduanmoratoriumâ to help Malaysians who were denied a 6-month moratorium extension for their loans. The website will collect the information of borrowers so their financial concerns can be brought up with the Bank Negara Malaysia, the Malaysian government, and the countryâs Finance Ministry. âMany have […]
Outsourcing in Thailand: Competitive Factors and Entrepreneurial Challenges
Thailand’s outsourcing industry is stepping up as a promising player alongside traditional outsourcing heavyweights: the Philippines and India. According to the World Bank, the Thai Gross Domestic Product (GDP) in 2019 was at $544 billion, representing 0.45% of the world economy. A booming tourism and export recovery as well as development of private healthcare, commercial, […]
Outsourcing in Nepal: Competitive Factors and Entrepreneurial Challenges
Nepal wants to be the next big thing in the outsourcing industry. It is an ambition that can be realized if significant improvements will continue to manifest not just in its political and economic reform agenda but also, with the way it handles key issues such as investment policy, infrastructure gap, workforce development, workforce diversity, […]
Outsourcing in Indonesia: Competitive Factors and Entrepreneurial Challenges
Indonesia, the fourth most populous country in the world, is also earthâs largest archipelago, made up of more than seventeen thousand islands. Home to at least 270 million people with 60% of the population living in Java, the nationâs capital and the most progressive island where government agencies and businesses are actively operated. It is […]
