The outsourcing industry in Vietnam has grown steadily for the past several years which is why outsourcing in Vietnam has become an attractive notion for businesses worldwide. The Vietnamese government has been vigorously promoting its international economic integration since becoming an APEC member in 1998 and WTO member in 2007. Aside from implementation of various […]
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, […]
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, […]
Indonesia, the fourth most populous country in the world, is also earth’s 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 nation’s capital and the most progressive island where government agencies and businesses are actively operated. It is […]
Competition for business process outsourcing (BPO), IT outsourcing, and professional outsourcing is intense in the Asia-Pacific region. While the Philippines, China, and India remain the top service providers in the global market, emerging challengers like Malaysia have upped their games. Malaysia is a 13-state federal peninsular country that consists of two geographical regions – West […]
Singapore is a global hot spot for entrepreneurship and outsourcing due in large part to their business-friendly compliance regulations, low corporate tax rates, extensive government support, and unique geographical location. Outsourcing to Singapore is an attractive option for big firms and multinational organizations intending to expand their network and consumer base. Doing so allows them […]
The global outsourcing market has grown into an almost trillion-dollar business with millions of freelance professionals and virtual teams involved in providing business services across the globe. Outsourcing service providers in China are racing to improve quality and output delivery to gain an edge over competitors from the same region and across the globe. Development […]
One of the top reasons businesses choose to outsource is to lower costs compared with having an in-house team to perform specific tasks and processes.
Outsourcing Statistics in Asia 2020: Fast Facts and Highlights on Top Countries for Outsourcing Services
Global outsourcing has been an integral part of business operations and management over the past three decades. When it comes to choosing the best outsourcing destination, there are many considerations such as the country’s labor laws and overall business environment, workforce competitiveness and competence, the status of its tech and software industry, among many other […]
Businesses across industries around the world turn to outsourcing various processes and functions within their organizations for two compelling reasons.