Archive for July 2011

BSP official calls for economy less reliant on BPO


MANILA, Philippines-The economy should follow a development plan depends less on business process outsourcing (BPO), but has substantially increased the services sector in the last decade, a senior central bank official said.

BSP Deputy Governor Diwa Guinigundo said that while it is prudent to generate more investment and BPO for the sake of creating jobs and increasing incomes, the economy should continue to generate more investment in industries such as manufacturing.

BPO investments, which are a type of non-equity mode (NEM) of investments, easy to generate, are also easy to lose, according to Guinigundo.

Since companies could easily end up contracts with outsourcing companies, employment and income generated by the BPO sector have been considered less stable than those generated by industries.

"We'll get more investment NEM, but we will create an environment in which we can rely less on them and more industries," said Guinigundo.

He said he agrees with comments from the World Investment Report 2011, released Tuesday by the United Nations Conference on Trade and Development (UNCTAD).

According to the report, NEM investments have contributed significantly to the total FDI received by many developing countries like the Philippines.

The report notes that in 2009, investing activities worldwide NEM generated nearly $ 2 billion in revenue, adding that the figure for 2010 could be higher.

"Border NEM worldwide activity is important and of particular importance in developing countries. In most cases, NEM are growing faster than the industries in which they operate," said the UNCTAD report.

The report also said, however, that while investments NMS have been helping drive the economies of developing countries, the strong dependence that takes risks.

"NEM also pose risks for developing countries. The employment contract manufacturing can be very cyclical and easily dislodged," the report said.

The report also said that some corporations might be some of the needs of outsourcing your work to avoid social and environmental standards.

The BPO sector, which includes the sun industry subsector call the call center, has been credited with helping to provide jobs in the last 10 years to compensate for the weaker job creation in recent years by other sectors such as manufacturing.

Philippines last year overtook India to become the biggest player in the call center as investments increasingly in the field have been generated.More

Leave a comment

HGS to hire 1,000 for BPO business


NEW DELHI: Hinduja BPO Global Solution Company is looking to hire 1,000 people for your business in India in September this year.

"This quarter we plan to hire 1,000 people in our offices in India," Partha De Sarkar, CEO of HGS told PTI.

For the current year, the company plans to hire 2,000 people.

HGS today reported a 12 percent decline in consolidated net profit of Rs 20.29 million rupees for the first quarter to June 30, 2011.

HGS recorded a profit of Rs 23.11 million rupees in the same period last year. 
 
"Our investments in two start-ups and a weak dollar during the quarter, impacted our margins," said Sarkar.

However, the company's net sales increased 22.8 percent to 278.4 million against Rs Rs Rs Rs 226.68 million posted in Q1 FY'11.

"In addition to the seasonality of the business customer, in this quarter reflects the effect of increases in wages and the weakening dollar and the ramp of the costs of new centers in India and the Philippines," said Sarkar.

During the quarter, HGS opened a delivery in New Delhi, Sarkar said.

"We've taken the first steps to creating a fourth center in Spain. Furthermore, we have invested for future growth in sales, human resources, brand and technology up gradation," said Sarkar.  More

Leave a comment

Prom 15: LPO/Jurowski – review

Performance of two symphonies by Liszt - great works program that push the boundaries of form and emotion - are as rare as they are important. Both, however, is part of a tribute to the bicentennial of the composer in this year's Proms, which also lets us listen in the vicinity. Next week, the BBC Philharmonic Symphony addresses Dante. First, however, came Vladimir Jurowski and the London Philharmonic with Fausto, possibly the largest of the two.

This is a very good performance in manufacturing, rather than perfect. Jurowski has not yet far enough that the first movement, a great development of the five main themes represented by the relentless pursuit of Fausto experience: the negotiation of its internal logic was in the price of exaggerated and failure rates emotional extremism.

The later movements were safer. Andante emotional ambiguities of Margarita, with its implications of sexual awakening, were tried last. Mephistopheles Scherzo had an exciting accuracy, while the closing Mystical Choir - with tenor Marco Jentzsch hymn "eternal feminine" male voices on the combined London Philharmonic Choir and London Symphony Chorus - was beautifully caught and ecstatic.

Hungarian composers later formed his roommate. Kodaly Dances of Galanta, all strings of light wind and elegant, was the curtain raiser. Bartok First Piano Concerto marked by hand, with his own conscience to avoid the lyric, that is, in some respects, a pioneer of a work such as Liszt. Jean-Efflam Bavouzet was the soloist in a performance that followed strong order platform design Bartók with pianist surrounded by orchestral percussion. Bavouzet Liszt plays beautifully, too, as evidenced by his only encore - Invocation et Religieuses poetic harmony. more

Leave a comment

Reviews 2: Bartok, Kodaly and Liszt at the BBC Proms

London Philharmonic Orchestra conducted an all-Hungarian program at the Royal Albert Hall conducted by Vladimir Jurowski as part of the BBC Proms 2011 season.

Comments
Gramophone (Sarah Kirkup)
Read entire review
And then there's that indefinable "something" that great directors have - your ability, even in communion with his players in a more human level, to transcend technique and the opportunity to build something spiritual, kinesthetic, deeply moving. Listen Faust Symphony, I was able to manage my ears technical aspects such as intonation, phrasing and projection - all of which were certainly spot on - and be transported to a higher plane.

Telegraph (Ivan Hewett) 4 star:
Read entire review
He then went to the symphony of Liszt. This performance was a reminder that Jurowski LPO has become an incredibly refined instrument. The gentle melody of the second movement and the high spirit of Mephistopheles the third was in the most delicate colors.

We also examined the classical source

Kodaly Dances of Galanta
Bartók Piano Concerto No. 1
Liszt A Faust Symphony

Vladimir Jurowski driver
Jean-Efflam Bavouzet piano
Jentzsch tenor Markus
London Philharmonic Orchestra
London Philharmonic Choir (male voices)
London Symphony Chorus (men's voices)

Read more reviews of this concert, previously published in the blog.

The concert was recorded by BBC Radio 3 and filmed for BBC4.

You can listen online to 01 August with BBC iPlayer
The concert will be broadcast on BBC4 on Friday August 29 at 19:30

www.lpo.org.uk

Leave a comment

Foreign funds to India drying up

Mumbai: The flow of foreign funds in India have declined significantly since the country witnessed the inflow of only U.S. $ 40 million in the last three months, the weakest among emerging market peers, according to a report.

According to Kotak Institutional Shares tracker "flow of foreign funds," Flows in India continue to disappoint as China, Korea and Taiwan to attract the largest turnout in the last three months. "

At a time when the entry into India totaled $ 40 billion, China had witnessed as much as $ 1.3 billion, Brazil $ 484 million and Russia $ 365 million.

India witnessed an outflow of $ 371 million last month, while China registered an income of $ 45 million during the period.

The report also noted that one factor behind the declining trend in the allocations of India was to reduce the exposure of BRIC funds in the month of May.

BRIC funds reduced their exposure indigenous 14.6 percent to 12.9 percent in May.

The report said China and Brazil are gaining at the expense of India.

Last month, when funds reduced exposure BRIC India 1.7 percent, which increased their exposure to China, 2 percent and exposure in Brazil 1.3 percent.

Meanwhile, the ten largest funds dedicated India have witnessed a cumulative flow of $ 285 million over the past four weeks.

Your Aums have fallen around 14 percent in the last three months, the report said, adding that "taking into account changes in net asset value, which have underperformed the market in general."

There are 1. 288 dedicated emerging market funds that are managing $ 708 billion cumulative net assets. Asia (excluding Japan) has 574 of these funds managing $ 238 billion AUM, the Global Emerging Market total funds dedicated to 335 (management of $ 363 billion AUM) and dedicated India-67 with a net cumulative $ 27 billion.

Leave a comment

We found that The LPO Advisor is genuinely interested in helping us

After working in business for over 15 years, decided to look into a business of ours. One of our friends bought a LPO in the country of Victoria and she recommended a very LPO. So we began looking into Australia Post and spoke to some Business Brokers in Melbourne. That gave us LPOS business profiles for several in metropolitan Melbourne. Meanwhile, one of the brokers we also recommend an accountant who "called specialist" in LPOS. We waited for over 15 companies in Melbourne.

Meanwhile, we came to Adelaide for a holiday and out of curiosity, just Google LPOS sale in Adelaide. We found a business broker and I had the opportunity to inspect LPOS few in the metropolitan area of ​​Adelaide. During this time we were staying with one of our good friends and just asked if we can recommend a "good" accountant to do due diligence on financial matters. He said he knows someone and gave their contact details - became that of LPO Advisor!. We are in contact with him and he offered to go through the finance and Lipoms. He arrived home after hours of our friend and explained in detail what to look for in Lipoms losses and gains. He also made an analysis of how much we have to win to continue our lifestyle and explains in depth the pros and cons of LPOS. We noticed that you have a thorough knowledge of LPOS and operation. He has extensive experience in accounts and business profile of this business. In addition, we realized that we are receiving more advice and financial assistance and business advisory and recommendation of the LPO to the "counter called LPO specialist" in Melbourne.

After the holidays in Adelaide, we returned to Melbourne and after considering the options and opportunities we decided to buy the LPO in Adelaide. It was found that LPO advisor is really interested to help and advise not only on the financial side of business but also business growth. We dealt with it in Melbourne and was always prompt and respond to our messages and requests.

He taught us how to negotiate and get the best price. And even taught us the words and phrases to negotiate. In addition, he said the conditions that we include in the contract.

We agreed that financial markets LPO Advisor due diligence and business profile reports were accurate and decided to buy the LPO. We signed the contract in April 2011 and conducted training for Australia Post.

We strongly recommend LPO Advisor to anyone who wants to purchase a LPO. This counter has a deep knowledge of companies Australia Post and knowledge on business growth.

We also recommend to anyone interested in buying a LPO LPO adviser before committing to buy the business.

Thanks for your help, advice and friendship.

Posted in | Leave a comment

LPO boom coming to India | LPO Booming 2011 india


New Delhi: The legal process of the rich countries promise extraordinary coming outsourcing countries like India and the Philippines. As corporations and law firms in the U.S., Europe and Australia, reducing overhead costs, legal work, such as electronic document management, it is expected that changes in sea. India, due to its large size, is ready to take a great deal of legal process outsourcing (LPO) of sectors that are expected to increase to 40 percent.
 
"Over the next five years would be about 20,000 jobs in the country LPO," said Alok Aggarwal, co-founder and president of research and analysis company Evalueserve. Aggarwal said nearly all the shore outsourcing work currently being sent from corporate counsel in the UK and U.S.. So far, law firms have been reluctant to work at sea, but looking to cut overhead costs more and better jobs coming to India, he said.

"Globally, the total addressable LPO market is about $ 20 billion and India is well positioned to capture a large portion of it," said Anand Sharma, CFO, CPA Global, a legal services firm . Sharma said the company, which employs about 500 people in court proceedings, plans to quadruple its number of employees at the end of December 2011 given the chance.

Another legal outsourcing firm, Pangea3, wants to double its current workforce of 550 during the next year.

"This is the start for the LPO industry in the first phase of basic and middle level jobs come to India LPO. After five years, the country could attract more high-end consulting and legal advice and jobs, "said Kamal Karanth, CEO of staffing company Kelly Services. 
 
In fact, during the 1990s, although the BPO sector attracted administrative work of lower echelon who later became an analyst at high-end jobs. The LPO sector now seems to be going through a similar cycle with the success of the BPO industry to boast of, India may accelerate the evolutionary process of LPOS. 

Posted in | Leave a comment