According to a report by the Asian Development Bank (ADB) economic growth in China is expected to dip to hit 9.9 percent this year and 9.7 percent in 2009. Concerning the East Asia in general the growth rate will moderate to 7.6 percent in 2008 and 2009 comparing with a growth rate of 9 […]

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Ericsson may experience the lowest profit drop in three years. It is estimated by 15 analysts that, in the second quarter the net income of the world’s largest maker of wireless networks fell 56 percent to 2.82 billion kronor ($472 million).
On July 18 Ericsson spokesman said that the company’s handset venture with Sony, Sony […]

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Although we have reaffirmed for several times that Chinese economy has a promising future, however, as a rational investors, we have to concern about the potential risks. A new policy that the finance sectors and other foreign trade enterprises should limit the hot money flowing into China is carried out by Chinese center bank. Meanwhile, […]

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When adopting finance and accounting business outsourcing (BPO), there are several points you should pay attention to.
At the first place, create a tough management team and sufficient funding for them. It is recommended that the team should include personals from all the related departments, e.g. legal and operational members of the finance and procurement […]

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KPMG released its report on the study of outsourcing development. According to the report, both India and China are named the most popular outsourcing destination in Asia. Moreover, Singapore ranks the third in the research. By analyzing the differences between Singapore and its competitors, we can conclude that the service from Singapore cost more than […]

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