Asia Economy

Displaying 511 - 516 of 767

 

At the heart of Malaysia’s economic transformation ambitions to rise to a high-income economy by 2020 is the initiative to extract greater value from its natural resources by shifting away from a primarily raw or minimally processed resource exporting country to a high-tech, high-value-added industrial base. While much of new industries such...

 

Traditionally known for its lucrative oil fields, oil palm plantations and the mystique of its diverse Borneo rainforests, the Malaysian state of Sarawak is in the midst of an historic makeover that is irrevocably transforming its economy, alongside its social and cultural landscape. In tandem with the government’s overarching development...

 

As the Philippines is the second-largest BPO destination in the world, holding at least a 12% share of the global market, it is no surprise that Manila, as the country’s commercial epicentre, has become a top destination-city for hosting offshore service providers. A study by research group Tholons ranked the top 100 outsourcing destinations...

 

The global BPO industry is forecast by consultancy Tholons to be worth $250bn by 2020 and the Philippines is seeking to cement its position as a preferred global service offshoring hub and expand on and diversify its share in this lucrative, yet highly competitive field. Having grown at a compound annual growth rate of around 10% over the past...

 

If anyone else in the Philippines had a plan as ambitious as Clark Green City, it would probably be regarded as unrealistic and unlikely to happen. Clark Green City is a dream to create an entirely new planned city, about 130 km north-west of downtown Manila. Although near the twin cities of Angeles and Mabalacat, Clark Green City will be...

 

After many years of struggling, the Philippines’ electronics industry appears to be finally making a turnaround, thanks to an improving investment climate and strengthening global demand. Bankers, economists and business executives who follow the industry’s fortunes say the turnaround began in late 2013 and has been gathering pace since. The...

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