Jan

12

According to research firm Springboard, Asia has not seen the financial carnage that left Western economies bleed out massive losses. The region is emerging faster, reflected by the IT spending throughout Asia.

Organizations in Asia are expected to focus on extracting greater value from existing IT investments instead of new capital expenditures. Read more here

Jan

11

For a while now, Outsourcing Opinions have been tracking on the economic developments and business interests of China (“Outsourcing – China’s Catching Up on English Literacy/Fluency“, “Outsourcing checks on China” et cetera).

News that China’s fast growth in recent years could lead to another real estate bubble bursting to crisis like that in Japan in 1980s and recently the United States in 2008.

Read more

Jan

7

Asian stock markets start the new year in broadly upbeat fashion last Monday with dealers in Tokyo lifted by extended credit to Japan Airlines and a strong yen as well as positive Chinese manufacturing data.

There’s also introduction of a new Tokyo trading system following a series of technical problems as the stock exchange tries to keep ahead of its regional rivals.

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Jan

7

Information technology (IT) trends and research firm IDC reports that IT spending and growth in Asia/Pacific excluding Japan (APEJ) could reach USD184 billion (a 7.7 percent growth) in 2010.

A majority of this will come from India and China, although all APEJ countries are expected to show varying degrees of growth on the after a slow 2009.

Learn more here.

In the face of this possible growth, IDC further advises Asia’s chief information officers (CIOs) to not rely on a ‘wait-and-see’ strategy for information technology (IT) anymore. Instead, CIOs in Asia must be more proactive as world economy recovers.

Read more here

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