Feb

19

Outsourcing Issues and News.

Here’s your weekly dose of professional business information and analyses searched and summarized by Outsourcing Opinions from the world business news agencies and major resource sites.

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Feb

18

Previously, Outsourcing Opinions did a focus feature on an emerging outsourcing destination in Asia, spotlight on Malaysia. Now read up on the latest from Malaysia’s outsourcing industry.

According to Outsourcing Malaysia, the country’s national outsourcing association, its outsourcing and shared services (SSO) industry to undergo a consolidation in the face of stiff competition in the global market.

Presently,  there are too many small and midsize local SSO companies among the association’s more than a 100 members who are unable to bid for global services contracts.

Outsourcing Malaysia will start a three-year plan to create possibly three SSO consortiums to compete globally by 2012. Read more on this news here

Feb

17

US president Barack Obama labels American companies as “tax evaders” for having their business operations in India to save themselves from having to pay business tax.

Indian companies appear to have the US president’s fiery ire once more.

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Feb

11

India’s IT-BPO market has achieved impressive growth rates over the past decade and is poised to achieve greater revenues in the coming decade.

Software industry chamber  NASSCOM reports current  export revenues of Indian IT and business process outsourcing (BPO) companies are expected to rise by 5.5% to cross USD50 billion in the ongoing 2009-2010 fiscal and could accelerate by 13 to 15 percent (USD56-USD57 billion) in 2010-2011.

If this 13 to 15 percent rate continues every year, India’s IT-BPO market  could reach USD 285 billion in 2020.

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