International trade

transcosmos expands & relocates "Busan Center 1," which it operates in South Korea

Wednesday, January 20, 2021 - 8:05am

The company now has 13 bases with around 5,000 workstations in the aggregate (8,000 workstations including on-site locations) across the South Korean market.

Key Points: 
  • The company now has 13 bases with around 5,000 workstations in the aggregate (8,000 workstations including on-site locations) across the South Korean market.
  • Since its foundation in 2001, transcosmos Korea, Inc. (Headquarter: Seoul, Republic of Korea; President and COO: Kwon Sang-chuel; transcosmos Korea), a subsidiary of transcosmos that provides business process outsourcing (BPO) services for businesses in the South Korean market, has been steadily growing its businesses in the market.
  • *transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
  • transcosmos Korea, a subsidiary of transcosmos inc., offers extensive professional business process outsourcing (BPO) services that include contact center services, chat services, field services, direct mail (DM) services, direct sales (DS) services, website integration (WI) services, and internet promotion services (IPS) for businesses in the South Korean market.

Engaging the Biden administration on trade will be key to Canada's long-term economic fortunes, shows latest RSM Canada report

Tuesday, January 19, 2021 - 2:08pm

Canada's long-term economic prospects will largely depend on expansion of U.S. and global trade

Key Points: 
  • Canada's long-term economic prospects will largely depend on expansion of U.S. and global trade
    Canada's economy is the most dependent on trade among large, developed nations.
  • It can expect a boost if the Biden administration re-enters the U.S. in the Trans-Pacific Partnership (TPP).
  • Canada poised to make significant economic gains should the U.S. end its trade war with China, which analysis shows has harmed Canada nearly as much as the U.S. given integration between the two economies.
  • RSM Canada Consulting LP provides consulting services and is an affiliate of RSM US LLP, a member firm of RSM International.

Dennis E. Nixon, Chairman and CEO of IBC Bank in Laredo, Texas and Woody L. Hunt, Senior Chairman of Hunt Companies, Inc. in El Paso, Texas Offer the Following Advice

Monday, January 18, 2021 - 5:01pm

Dennis E. Nixon, chairman and CEO of IBC Bank in Laredo, Texas and Woody L. Hunt, senior chairman of Hunt Companies, Inc. in El Paso, Texas offer the following advice:

Key Points: 
  • Dennis E. Nixon, chairman and CEO of IBC Bank in Laredo, Texas and Woody L. Hunt, senior chairman of Hunt Companies, Inc. in El Paso, Texas offer the following advice:
    Your administrations first 100 days will be critical.
  • First, you should work with Congress to fully fund staffing and improvements at our undermanned and antiquated ports of entry.
  • To return jobs to the U.S. from other countries, including China, Congress approved the United StatesMexicoCanada Agreement (USMCA) with strong bipartisan support.
  • Now we must modernize our ports of entry to effectively and efficiently handle the increased trade resulting from this trade agreement.

The China International Import Expo, a boost to global service trade

Friday, January 15, 2021 - 3:30pm

The rise of digital technologies in China has accelerated the deep integration of various industries, enabling the service economy to thrive.

Key Points: 
  • The rise of digital technologies in China has accelerated the deep integration of various industries, enabling the service economy to thrive.
  • International cooperation in service trade will be an increasingly important driver.
  • For foreign companies intending to tap the huge growth potential of the service trade in China, the China international Import Expo (CIIE) is a prime platform.
  • The global trade fair caters to a complete range of industries, including food and agricultural products, automobiles, intelligent and information technology, consumer goods, medical devices, healthcare products and trade in services.

The China International Import Expo, a boost to global service trade

Friday, January 15, 2021 - 3:30pm

The rise of digital technologies in China has accelerated the deep integration of various industries, enabling the service economy to thrive.

Key Points: 
  • The rise of digital technologies in China has accelerated the deep integration of various industries, enabling the service economy to thrive.
  • International cooperation in service trade will be an increasingly important driver.
  • For foreign companies intending to tap the huge growth potential of the service trade in China, the China international Import Expo (CIIE) is a prime platform.
  • The global trade fair caters to a complete range of industries, including food and agricultural products, automobiles, intelligent and information technology, consumer goods, medical devices, healthcare products and trade in services.

Global Language Services Market Report 2020-2024: Increasing Content Localization / Technological Advancements / Increased Consolidation of Market Players

Thursday, January 14, 2021 - 7:45pm

The global language services market is forecasted to reach US$76.99 billion in 2024, growing at a CAGR of 7.92% for the period spanning 2020-2024.

Key Points: 
  • The global language services market is forecasted to reach US$76.99 billion in 2024, growing at a CAGR of 7.92% for the period spanning 2020-2024.
  • The factors such as accelerating economic activities, increasing online video content demand, improving consumer confidence index, growing pharmaceutical sales and rapid globalization are expected to drive the market.
  • Few notable trends include increasing content localization, technological advancements and increased consolidation of market players.
  • The report provides a comprehensive analysis of the global language service market, segmented into translation, interpretation and speech recognition services.

CIIE, a Boost to Global Service Trade

Thursday, January 14, 2021 - 6:30pm

International cooperation in service trade will be an increasingly important driver.

Key Points: 
  • International cooperation in service trade will be an increasingly important driver.
  • For foreign companies intending to tap the huge growth potential of the service trade in China, the China International Import Expo (CIIE) is a prime platform.
  • More than 250 exhibitors, over 50 of which were Fortune Global 500 companies and industrial leaders, showed up for the exhibition.
  • The global trade fair caters to a complete range of industries, including food and agricultural products, automobiles, intelligent and information technology, consumer goods, medical devices, healthcare products and trade in services.

BV Investment Partners Announces Majority Investment In Talent, Inc.

Thursday, January 14, 2021 - 12:45pm

BOSTON, Jan. 14, 2021 /PRNewswire/ --BV Investment Partners ("BV"), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today a majority investment in Talent, Inc. ("Talent" or the "Company"), a leading provider of tech-enabled career services.

Key Points: 
  • BOSTON, Jan. 14, 2021 /PRNewswire/ --BV Investment Partners ("BV"), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today a majority investment in Talent, Inc. ("Talent" or the "Company"), a leading provider of tech-enabled career services.
  • Justin Harrison, Managing Partner of BV Investment Partners, said, "The Talent Inc. investment aligns with several areas of expertise for BV including education and training, marketing services and lead generation, and tech-enabled business process outsourcing (BPO) solutions.
  • Talent is the fourth investment in BV Fund X, which closed on February 28, 2020 at $1.1B of commitments.
  • BV Investment Partners is one of the oldest and most experienced sector-focused private equity firms inNorth America.

Richard Yuan, Chairman of Australia China Entrepreneurs Club, discusses RCEP and Global Trade

Wednesday, January 13, 2021 - 5:00pm

SYDNEY, Jan 14, 2021 - (ACN Newswire) - Richard Yuan, chairman of Australia China Entrepreneurs Club, discussed RCEP and its impact on global trade in a recent interview.

Key Points: 
  • SYDNEY, Jan 14, 2021 - (ACN Newswire) - Richard Yuan, chairman of Australia China Entrepreneurs Club, discussed RCEP and its impact on global trade in a recent interview.
  • RCEP can connect approximately 30% of the world's population and development and generate substantial income in the right political context.
  • And, it can raise world income by US$209 billion and global trade by US$500 billion annually by 2030 according to Richard Yuan, a Chinese national living and working in Australia who is Chairman of the Australia China Entrepreneurs Club and International Ambassador of the SME Association of Australia.
  • People can estimate that the total losses in the trade war between the US and China are covered, not for China or the United States, by the RCEP and CPTPP together.

CoAdvantage Announces Acquisition of SourcePointe

Wednesday, January 13, 2021 - 1:45pm

TAMPA, Fla., Jan. 13, 2021 /PRNewswire/ --CoAdvantage Corporation ("CoAdvantage"), a leading national provider of strategic human resource solutions for small to mid-sized companies, is pleased to announce it has acquired Alabama-based SourcePointe, a provider of outsourced HR services.

Key Points: 
  • TAMPA, Fla., Jan. 13, 2021 /PRNewswire/ --CoAdvantage Corporation ("CoAdvantage"), a leading national provider of strategic human resource solutions for small to mid-sized companies, is pleased to announce it has acquired Alabama-based SourcePointe, a provider of outsourced HR services.
  • SourcePointe, located in Birmingham, Alabama, is one of the country's premier private PEOs and has established a strong regional market position.
  • "We are pleased to join with CoAdvantage and provide our customers with a broader range of services and greater size and scale.
  • "CoAdvantage shares SourcePointe's commitment to providing excellent service, coupled with a robust technology offering for today's workforce," he said.