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Outsourcing Sees Strong Growth in 2008, Exceeding 2007 Values

added: 21-01-2009

TPI, a unit of Information Services Group Inc. revealed 2008 was a strong year for the outsourcing industry with both total contract and annualized contract values exceeding overall values for 2007. The TPI Index, which measures commercial contracts greater than $25 million, also showed that India-based providers made steady and significant increases in market share this year. However, it also indicates that the global financial crisis is impacting the form of outsourcing contracts as corporations focus on near-term concerns related to their day-to-day business.

Senior Managers Lack Confidence in Corporate Leadership’s Plans to Counter Economic Crisis

added: 21-01-2009

A new survey conducted in December 2008 by Booz & Company of 828 senior managers across the globe finds that companies - whether financially weak or strong - are struggling to make the right moves in the current economic environment, with many wavering in their confidence of leadership’s ability to navigate the crisis.

Arab World Can Play Bigger Role in World Economy, Zoellick says

added: 20-01-2009

The Arab world can play a bigger role in the response to the global economic crisis and offer greater opportunities for its people, said World Bank Group President Robert B. Zoellick.

Shoppers Are Defying the Financial Crisis and Buying Green Products

added: 20-01-2009

Consumers are becoming more green-conscious as the global economic crisis worsens, according to a report published by The Boston Consulting Group (BCG).

A Sharp Fall in Business Confidence but Opportunities Remain

added: 19-01-2009

Despite the sharp fall in global business confidence business leaders saw opportunities for their businesses in 2009, according to a report undertaken by the Economist Intelligence Unit (EIU) in November 2008 commissioned by international legal practice, Norton Rose Group.

Nearly Half a Billion Mobile Financial Services Customers in 2013

added: 19-01-2009

Mobile technology market-watchers are always on the lookout for the next "killer app" and according to ABI Research, mobile financial services are very likely to become the "next big thing" that will attract many millions of consumers.

Emerging Economy Consumers More Willing to Act against Climate Change Than Developed Market Consumers

added: 18-01-2009

Consumers in emerging economies are more concerned and willing to take actions against climate change than those in developed countries, according to global research by Accenture. Although the economic crisis has not reduced worldwide concern about climate change, 53% of people in emerging economies claim to be extremely concerned about it against only a third (31%) in mature markets.

How Big Will Mobile Market Get?

added: 18-01-2009

As developing mobile markets such as Brazil, Russia, India and China (the "BRIC" countries) add more subscribers, worldwide mobile revenues are expected to jump 56% to $1.03 trillion in 2013 from $769 billion in 2007, according to Informa Telecoms & Media.

Top Executives Say Current Infrastructure Investment Won't Support Business Growth

added: 15-01-2009

The majority of C-level executives (77 percent) surveyed for KPMG International, the global network of audit, tax and advisory firms, believe that the current level of infrastructure investment is insufficient to help sustain the long-term growth of their organizations. Only 14 percent of business leaders globally believe the infrastructure currently available to support their organizations is completely adequate.

Hong Kong Ranked World's Freest Economy for 15th Consecutive Year

added: 15-01-2009

Hong Kong has been ranked as the world's freest economy for the 15th consecutive year in the 2009 Index of Economic Freedom, jointly published by The Heritage Foundation and The Wall Street Journal.

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