When Dell launched its first smartphone in the U.S. on August 24, early product reviews were dismal. Compared with the slew of other nifty new smartphones available today, critics groused that the only thing remarkable about the phone — called the Aero — was its $99 price tag. They have deemed its hardware mediocre, its [...]
Read MoreArchive for the ‘Economic Development’ Category
Ayala Land to build more BPO buildings, cites demand rebound – Bworldonline
PROPERTY GIANT Ayala Land, Inc. plans to hike office spaces for business process outsourcing (BPO) firms in the next few years given renewed demand, its top executive said.
More office spaces will be available in the next few years as Ayala Land taps provinces for further expansion. “An example is our BPO building in Iloilo and [...]
What the Double-Dip Recession Will Look Like – Yahoo Finance
By Douglas A. McIntyre
“Nearly two-thirds of Americans believe the economy has yet to hit bottom, a sharply higher percentage than the 53% who felt that way in January,” according to a recent Wall Street Journal poll.
A growing and vocal minority of economists believes that there will be a double-dip recession primarily because of the intransigence [...]
Genpact names new CIO – Thehindubusinessline
Offshore BPO company Genpact Ltd on Wednesday named Mr Sanjeev Prasad as its new Chief Information Officer. In his new role, Mr Prasad will be responsible for delivering enterprise applications and services, and driving IT innovation for the company. “Mr Prasad will be specifically focused on utilising technology such as business process-as-a-service (BPaaS), virtualisation and [...]
Read MoreVentureast Backs BPO Training Provider Orion Edutech – VCCircle
The company will use the funds to expand its offerings and geographic reach.
Orion Edutech Pvt Ltd, a Kolkata-based BPO training provider, has raised its first round of funding from VenturEast by diluting a significant minority stake. Orion plans to use these funds to expand its course offering, boost its presence in domestic and overseas markets [...]
China Software Industry to See ‘Huge’ Growth, Pansoft CFO Says – Business Week
By Bloomberg News
Aug. 11 (Bloomberg) — China’s software industry has “huge” growth potential given the nation’s economic expansion and government policies, according to Pansoft Co.
“The Chinese government has issued a preferential policy to foster the development and expansion of software companies, and this preferential tax policy has been applied to software and other high-tech companies,” [...]
China trade surplus soars to 18-month high – The Business Times
Exports up 38% but imports hurt by slowdown in investment
(BEIJING) China’s trade surplus surged unexpectedly in July to an 18-month high of US$28.7 billion as exports beat forecasts, but a government-induced slowdown in investment took a toll on imports.
Beijing is steering its super-loose monetary and fiscal policies back to normal after a record surge in [...]









