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Asia Pacific Sourcing Slumps in Q2 on Pandemic Concerns

Asia Pacific Sourcing Slumps in Q2 on Pandemic Concerns

SYDNEY, Australia, Aug. 18 (Korea Bizwire) — Asia Pacific, the world’s smallest outsourcing region by contact value, saw the industry’s largest decline in the second quarter, as managed services slumped in response to the COVID-19 pandemic, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory [...]

Asia Pacific Sourcing Slowed in Q4 by China, HK Uncertainty

Asia Pacific Sourcing Slowed in Q4 by China, HK Uncertainty

SYDNEY, Australia, Feb. 10 (Korea Bizwire) — The Asia Pacific outsourcing market, buffeted by uncertainty over China trade and civil unrest in Hong Kong, slowed in the fourth quarter, although cloud-based solutions helped buoy results, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. [...]

Rapid Surge in Popularity of Household Chores Outsourcing Services

Rapid Surge in Popularity of Household Chores Outsourcing Services

SEOUL, Nov. 21 (Korea Bizwire) — Amid a new trend dubbed ‘con-premium,’ a compound word of ‘convenience’ and ‘premium’, the outsourcing of household chores is being highlighted. Hyundai Card, a leading credit card issuer in South Korea, compiled purchasing data at 20 stores offering home services over the past three years, and the number of [...]

Panel Advises Power Plants to Stop Outsourcing of Certain Tasks After Probe

Panel Advises Power Plants to Stop Outsourcing of Certain Tasks After Probe

SEOUL, Aug. 19 (Korea Bizwire) — The special investigative panel recommended Monday that power plant operators end the practice of outsourcing major maintenance work to subcontractors, completing a probe into the death of a young contract worker. Kim Yong-gyun, a 24-year-old contract worker, was killed in a conveyor belt accident in December last year at [...]