Mar

20

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Cebu City, Philippines is one of the top global destinations to go for outsourcing services.

Earlier in the 2000s, there were only 4 companies dedicated to business process outsourcing (BPO).

By the end of 2012, there are 100 companies and 95,000 workers!

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Mar

23

Financial giant HSBC reports that investors are pulling out funds from Asia Pacific’s emerging markets to divert these to markets in North America, as confidence in western economies returns.

HSBC’s latest survey, global fund managers have become more bullish on North American equities markets in the first quarter of 2011. The bank said 100 percent of fund managers have seen renewed optimism in the US economy.

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Mar

22

From Economic Times of India-Infotech section, “the Data Security Council of India (DSCI) announced it will soon begin implementation of data security and privacy practices in some of the big ticket IT/BPO firms serving overseas clients. Also, the DSCI plan to introduce certification mark that shall act as a trusted mark for India’s outsourcing industry within a year.”

Can anyone note the lack of urgency?

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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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