Outsourcing to MALAYSIA: A Comprehensive Guide for Small Business Owners
Are you looking for one of the best Southeast Asian countries to outsource from? Why not try and check out Malaysia? Malaysia is a country that has shown consistent growth and development through the years. Its economy is fast-advancing towards technological innovation to cater to more businesses domestically and internationally. Malaysia’s ambitious economic plan is […]
Choosing the Right Outsourcing Partner in Asia: A Comprehensive Guide
Globally, Asia has emerged as a prominent outsourcing destination for business functions. This region offers cost-effective solutions, a skilled workforce, and access to vast markets. However, choosing the right outsourcing partner in Asia requires strategic thinking and careful consideration. The purpose of this article is to provide you with a comprehensive guide on how to […]
Philippines: Fastest Growing Emerging Market in the World
By 2033, the Philippines will have a trillion-dollar economy. This places the Southeast Asian archipelago amongst the fastest growing emerging markets in the world. In 2022, the Philippines’ economy grew by 7.6%, the fastest rate since 1976. Philippine GDP measured in US Dollar nominal terms is expected to reach USD one trillion by 2033 with […]
Macau’s Economic Future: 59% Growth in 2023
Macau’s economic future is looking brighter than ever, with 59% growth expected in the coming years. With the right investments and policies, Macau can enjoy a steady stream of income and a secure financial future. The growth of Macau, a special administrative region of China, will be the second-fastest in the world over forecast horizons. […]
Guyana: Fastest Growing Economy in the World
By end-2023, one of Latin America’s smallest countries could have a 100% increase in its Gross Domestic Product. Guyana, a small South American country with fewer than 800,000 people, is expected to have the world’s fastest economic growth. The World Bank and the International Monetary Fund (IMF) estimate that the English-speaking nation bordering Brazil, Venezuela, […]
Know Your Alliance: India and Russia
The fall of the Soviet Union, the rise of India and China, the tensions between the United States and China, the deepening of U.S.-India ties, and the Russian-Chinese partnership intensified by Russian’s break with the West and the war against Ukraine have profoundly impacted Russian-Indian relations. Why does New Delhi continue to cooperate with Moscow […]
Cambodia has 15th Highest IQ in the World
In most cases, IQ scores reflect the quality of education and resources available in a given region. Countries with lower IQ scores tend to be poorer and less developed, particularly in the area of education, than countries with higher IQ scores. Researchers also use IQ to determine the smartest countries in the world. What Is […]
Best Practices in Setting Up Policies When Outsourcing
There is a perception that outsourcing means “out of sight, out of mind”. A quick search on recent outsourcing disasters demonstrates how wrong this is. The truth is: a poorly managed outsourcing project can be disastrous. When you hire a third party to perform outsourced business tasks on your account, you expose your business to […]
How to Grow a Small Business with Outsourcing
The main goal of most, if not all, businesses is growth. The question is: Should businesses outsource their operations or perform them in-house in order to grow? The Balance defines outsourcing as “the strategic use of external resources to perform activities traditionally carried out by internal staff.” Opinions on outsourcing differ. Is outsourcing a good […]
Digitalization For Small Businesses To Drive Recovery. Where Can Outsourcing Come In?
Small businesses are the backbone of the global economy, accounting for 90% of businesses, 60% to 70% of employment and 50% of GDP. It is only possible to achieve a strong and sustained global economic recovery if these businesses are able to adapt effectively to post-COVID consumer behavior. Digitalization is the great equalizer in this […]
