singapore
Singapore is top location for outsourcing
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The study, which was co-sponsored by American software giant Oracle and Dimension Data, ranks 60 of the world's key economies on their attractiveness as offshoring locations in nine categories, including political and security risk, regulatory environment, tax regime, labor laws, costs and skills, and infrastructure.
Singapore is now the world's top location for outsourcing , a study by the Economist Intelligence Unit said.The republic's 22.6 offshoring projects per million people beat 59 other countries, the study showed. EIU looked at data gathered by the United Nations Conference on Trade and Development (UNCTAD).
CEOs polled by EIU also ranked Singapore as the world's fourth-most attractive outsourcing location, the Business Times reported today.
The study, which was co-sponsored by American software giant Oracle (Nasdaq: ORCL) and Dimension Data, ranks 60 of the world's key economies on their attractiveness as offshoring locations in nine categories, including political and security risk, regulatory environment, tax regime, labor laws, costs and skills, and infrastructure .
In overall ranking, Singapore came in fourth behind India, China and the Czech Republic.
In absolute terms, Singapore's total of 95 offshoring projects puts it in sixth place globally, said EIU. These projects include call centers, shared service facilities, IT services and regional headquarters-related functions.
The UNCTAD trade investment report states that India is currently home to 228 offshoring projects, followed by Britain's 187, China's 132, America's 123, Canada's 98 and Singapore's 95.
Behind Singapore are Germany and Ireland with 77 each, Australia with 72 and the Netherlands with 52.
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