The Philippines’ unemployment eases to 8.7% in October 2020, but workers still looking for extra jobs
The Philippines’ unemployment rate in October decreases to 8.7% or about 3.8 million jobless Filipinos. This is lower than July’s 10% and April’s all-time high of 17.6%, but still higher than the 5.3% unemployment rate in January before the pandemic began. Double-digit unemployment rates remain in 3 regions: National Capital Region (12.4%), Ilocos Region (11.5%), […]
Work from home opens doors for contract hiring in small cities in India
The Financial Express reports an expected increase in contract staffing in Tier 2 and 3 cities in India with companies becoming more open to their employees working anywhere. The estimated additional number of contract employees to be added by the IT-BPM this year is about 25,000. Now that physical presence in the workplace has become […]
Frost & Sullivan identifies Teleperformance as top-performing leader in CX outsourcing’s growth and innovation
In the recent Frost Radar™: Asia-Pacific Customer Experience Outsourcing Services Market 2020, Frost & Sullivan has named Teleperformance as the growth and innovation top-performing leader. The business consulting firm noted Teleperformance’s unparalleled footprint and service to brands in the region and around the globe. The outsource company is seen to continuously augment its core competencies of delivery execution through the integration of […]
The Rise of the Legal Process Outsourcing Services Market
There is a growing preference for Legal Process Outsourcing (LPO) among corporations and businesses. Outsourcing in-house legal work enables them cost-saving measures and focus on their core competencies while less sensitive, routine work of their legal department are handled in regions were the task can be performed at less cost. Contract management outsourcing is estimated to hold the key shares in this market. The increasing […]
India hinders import of iPhones, Xiaomi, and Oppo devices built in China
The Bureau of Indian Standards (BIS) has been holding off the import of smartphones since August. These included the latest Apple iPhone 12, Oppo and Xiaomi smart wearables. The typical 15-day processing of importation paperwork is now taking up to two months to complete. Apple India executives told the BIS that the company will expand […]
Taiwan plays crucial role in the global fight against cyber crime
Asia’s leading non-government organization for entrepreneurship, Enterprise Asia recently hosted the first virtual Asia Entrepreneurship Forum with the theme Accelerating Growth Beyond Borders. The event focuses on how economies can accelerate growth post-COVID-19 through three primary factors: Resilience, Reinvention, and Transformation. Among the attendees are over 500 c-suite level executives and business leaders from Cambodia, […]
Asia Entrepreneurship Forum 2020: Accelerating Growth Beyond Borders
Asia’s leading non-government organization for entrepreneurship, Enterprise Asia recently hosted the first virtual Asia Entrepreneurship Forum with the theme Accelerating Growth Beyond Borders. The event focuses on how economies can accelerate growth post-COVID-19 through three primary factors: Resilience, Reinvention, and Transformation. Among the attendees are over 500 c-suite level executives and business leaders from Cambodia, […]
Research shows third-party risk management programs need to move beyond questionnaire-based assessments
A new research by Mastercard Company RiskRecon and the Cyentia Institute explored the current state of third-party risk management (TPRM) programs and practices. Findings showed that TPRM professionals no longer see security questionnaires to provide sufficient information to understand and act on business’ third-party risk. The results of the survey of 154 TPRM professionals included […]
A New Study: Payroll Outsourcing Market Is Thriving Worldwide
A study published on Global Payroll Outsourcing Market offers insights into the share & size of the following Payroll Outsourcing segments: payroll service, hosted payroll, and cloud payroll. The study also presents examples of various market developments and business strategies that industry players to address current challenges in economic slowdown and the demand-supply gap.
Pandemic accelerates need to consider outsourcing in asset management world
Northern Trust Global Head of Integrated Trading Solutions Gary Paulin shared how the current financial environment brought by the pandemic increases outsourcing activity in the asset management industry. Cutting cost is often the first reason asset owners choose to outsource front office services. Moreover, the current global situation has brought more reasons to consider outsourcing. Northern Trust’s recent white […]
