Philippines challenges India for outsourced dollar
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It's dusk in the Philippine capital Manila and the five-storey office of Advanced Contact Solutions Inc. (ACS) is beginning to fill up.
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India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.
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India and Sri Lanka are to get 220 million dollars in loans from the Asian Development Bank (ADB) to strengthen public finances, the Philippines-based lender said.
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There is likely to be strong U.S. pressure on much of Asia next year, not just China, to allow a major depreciation of the dollar.
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The appreciation of the Indian rupee against the U.S. dollar is affecting the margins of Indian outsourcers, the president of a trade association said Thursday.
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With the value of overseas bids by Indian companies soaring, some in India are growing intoxicated by the fantasy that it may one day own the world.
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MANILA (Dow Jones)--President Gloria Macapagal Arroyo Monday caused a stir in local markets by saying the Philippines is in the midst of a &quot;fiscal crisis,&quot; but finance
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The Philippines is facing a fiscal crisis, President Gloria Arroyo said Monday. Arroyo is seeking political support for a $1.4 billion tax package that faces opposition in Congress.
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Kenyans face challenges as they play catch-up in the global explosion of outsourcing, an industry that India and other countries have turned into major job generators.
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Pacific Rim finance ministers called on  Friday for some emerging Asian economies to show greater  currency flexibility to address global imbalances and for the  group to work toward reviving world trade talks.
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The Indian consulting firm continues to battle wage pressures and a higher currency.
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How does offshore outsourcing's reigning champion, India, compare against China on software quality, staff costs, and more?
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Local and foreign banks are aggressively peddling credit card accounts in India, but converting Indian consumers to plastic has proved more difficult than expected.
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One of the pioneers of offshoring tries to cash in.
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Australian telecoms giant Telstra Corp. was criticised by unions for outsourcing hundreds of information technology (IT) jobs to India.
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Indian outsourcing companies have to move beyond low-cost services on an hourly-rate basis to offering complete services, according to an outsourcing consultancy.
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India's premier software body has said outsourcing of engineering services by global firms presented the country with a 40-billion-dollar opportunity.