A surprisingly large number of people in China cannot speak Mandarin, also known as Putonghua, and the government is determined to clean up television and spread compliance
Corelogic has ranked the 50 states for their likelihood of flooding, wildfires, storm surges, earthquakes, tornadoes, and other natural delights. Florida and Rhode Island top the list
Dow AgroSciences’ genetically modified Enlist seed has gained USDA approval. Now the EPA must approve the herbicide that’s key to making the seed useful
The Cube is a tiny HD action-video camera priced at $99 for kids who can’t afford a GoPro, which can cost two to four times as much
If anything, the problem in the U.S. economy is too little inflation on the horizon—not too much
Airbus has reduced the width of a bathroom on the new A320s to restore space in the food-preparation area
Has anyone enjoyed being a CEO more than Oracle's sort-of outgoing Larry Ellison?
A new report suggests that student loan debt will reduce house sales by 8 percent, but other researchers aren't sure that loans are driving down demand for homes
Evan Thornley, Australian multimillionaire and co-founder of online advertising company LookSmart, has since apologized
By Mark Scott
Sending jobs overseas is controversial in the best of times—and even more so when the recession is forcing layoffs all around. Just look at the proposal floated May 3 by U.S. President Barack Obama to tighten tax loopholes he says encourage companies to ship work abroad.
Yet in the hunt to shrink overhead, outsourcing continues unabated, particularly in the IT sector. Problem is, classic destinations such as Bangalore aren't as cheap as they used to be. Competition there among foreign firms has pushed up local costs, and staff turnover is high as well-trained employees jump to rivals. That's forcing clients to consider other places for outsourcing. From overlooked American cities such as Boise, Idaho and Winnipeg to more exotic locales like Cluj-Napoca, Romania, or the Philippines' Iloilo City, dozens of areas around the world are trying to grab a slice of the outsourcing business.
Obama's controversial plan to collect more taxes on foreign profits made by U.S. companies could tip the balance back towards domestic outsourcing. But there will always be other factors at play, so up-and-coming outsourcing destinations around the world still have room to grow. Click on to learn about 31 emerging global hot spots.
Statistics provided by KPMG and the World Bank