Career Review Going into the Philippine Call Center Industry

The Philippine call center industry has truly grown in the past year. This is because the Philippines offer all that outsourcing offshore businesses need. First and foremost of these is the available competent workforce and relatively lower cost of labor as compared to an onshore operation. The industry has developed well and lead race in the global outsourcing industry. Every since the industry was went full swing in 1999, there was no turning back in development. A significant number of such businesses established in India moved or branched towards the Philippine archipelago when the large potential for the countrys geographic location was realized.

So are you Ready to Work in a Call Center?
Call centers, also called contact centers are great places to work in especially since one does not need any specific degree to get into one. A lot of Filipinos, according to surveys, have college degrees. However, you could have either finished mass media or nursing and it would not matter. All you need are the right skills especially in communicating with people and you could get hired right away. The best part about getting into this kind of career however, is the pay. This industry offers highly competitive salary rates even for the entry level applicants. This is why the call center has so many applicants.

However, it is not all fun and games. There are also a lot of challenges that one must face when getting into a career as a contact center agent. So what exactly are these challenges?

Challenges of Working in a Philippine Call Center
There are many challenges to working the contact center conditions. Filipinos basically love to wake up early in the morning to work (as opposed to say people in Hong Kong where the night is alive and people sleep till almost noon). But this will have to change because the call center industry requires one to work during the night. This is of course because the Philippines is almost at the opposite end of the globe to the U.S. where most of the customer calls will most likely come from. Thus, the time differential is immense. Day time in the United States is Night time in the Philippines. Conversely, night time in the Philippines is day time in the U.S.

There some dangers to working at night that one should first be aware of before considering going into the contact center industry game. Remember that the body has a natural circadian rhythm also commonly called as ones “body clock.” The body biological clocks time was determined by billions of years of evolution. Reversing this can have bad effects to some people with weak constitutions who cannot adjust well enough. Those with bad respiratory problems will exacerbate their problems. But those with heart diseases should not even consider going into such a career.

Other than these, working in a Philippine call center can be fun and comfortable if one can adjust well enough. The pay is good and there are always good medical benefits such as health cards.

High Net Worth Individual Singapore Wealth Management Industry

Original Source: High Net Worth Individual Singapore

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HNWIs population and wealth is growing at a very fast rate when compared to the global and Asia-pacific average. The wealth of HNWIs in Singapore is growing at 35.6%, whereas wealth of HNWIs is growing at 17.1% globally and 25.8% in APAC. The population of HNWIs is growing at 35.6% in Singapore, whereas it is growing at 18.9% globally and 30% in APAC. The growing wealth and population of HNWIs in Singapore provides a huge opportunity for wealth management companies. It is imperative for wealth management companies to know the changing needs and behavior of HNWIs in order to increase their profitability and customer base.

HNWIs in Singapore are demanding frequent personal interactions with their wealth managers. They want their managers to possess better product knowledge, be open to new ideas, and personally interact with them on a regular basis. They want them to understand their needs and the risk associated with a particular investment product. One of the major reasons why HNWIs change their wealth managers is their failure to understand the needs of clients.

The growing population of HNWIs in Singapore is providing a huge opportunity for wealth management firms to increase their revenues and customer base. The main purpose of this report is to study the changing needs and behavior of HNWIs in Singapore. It also aims to study their investing patterns and the factors, which will drive HNWIs wealth and the challenges faced by wealth management firms.

Scope of the report
Market Overview
This section discusses the market size and segmentation of the wealth management industry as a whole, and segmentation of the wealth of HNWIs in Singapore based on the way they have accumulated it, and the different asset classes and geographies in which they invest it.

Market Dynamics
This section discusses the trends related to changes in the needs and demands of HNWIs in Singapore as well as the factors that are driving wealth creation in the country. It also discusses the investments made by HNWIs in different asset classes and the challenges faced by the wealth management firms.

Trends of HNWIs in Singapore
This section discusses the varying demands of HNWIs based on their age group and the criteria they follow to choose their wealth managers. This section also discusses what asset classes are favored by HNWIs in Singapore.

Business case study
The case study discusses the measures taken by Oversea-Chinese Banking Corporation (OCBC) Bank based in Singapore, to improve customer service by streamlining its operations and save time on managing client information.

Company Profiles
This section describes companies offering wealth management services in Singapore, and includes an overview, primary business, wealth management operations in Singapore, strategies followed by them and recent developments related to wealth management operations in India

What makes our report unique?
A strong heritage of providing cutting-edge research:
MarketsandMarkets provides clients with ground breaking marketing research. M&Ms unique research methodology and expert analytical capabilities will provide you the tools to apply the best marketing practices to your Financial Institution.

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Our study will help you examine the breadth of possibilities you may encounter when planning future strategies and product launches. It will help you create plans that are resilient enough to meet the full range of unanticipated events.

Discover new opportunities:
This market research study will forecast the future roles, uses, and acceptances of new products, services, and applications emerging in the marketplace. It will identify opportunities where companies can get a leg up on the competition.

Key questions answered
How Singapore HNWI offers opportunity to the wealth management firms.
Needs, demands and behavior of HNWI in Singapore
Factors which will drive the growth of wealth in Singapore
Challenges faced by wealth management firms
Trends of HNWI in Singapore
What are the major drivers and opportunities in the market?

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Chemical Industry – An Overview

Chemical Industry is one of the fastest growing Industries globally. Demand in different segments of chemical Industry like pharmaceuticals, Inorganic Chemicals, Organic Chemicals, Fine and specialties, Bulk Drugs, Agrochemicals, and Paints and Dyes are also increasing rapidly. Industry players are following state of the art techniques and extensive research and development policies to fulfill this increasing demand for chemical.

Chemical Industry and India

India was importing chemicals during early 1990s, but now India has become a net exporter of chemicals because of implementation of several large scale petrochemical plants, and tremendous growth of exports in sectors like bulk drugs and pharmaceuticals, pesticides, and dyes and intermediates.

Currently India is a strong player in chemicals export. Following are some facts related to Chemical Industry in India (Analysis based on Year 2005):

13% of total export
13% of total industrial output and 7% of GDP
10%-12% growth rate annually
2% of global chemical industry
Indian pharmaceuticals industry ranks 4th in volume and 13th in terms of value in world
2nd largest producer of agrochemicals in Asia

Factors Affecting Indian Chemical Industry

There are few factors resulting growth of Indian Chemical Industry. Some important factors are as following:

1. Friendly Government Policies: In recent years government policies have become more and more industry friendly, following the similar global industry friendly trend. Government is eager to provide land and basic infrastructure for new industry establishments, because industries are powerful elements in contributing rapid growth of development.

2. Increasing Demand: There is increase in demand of chemicals globally, be it pharmaceutical, agrochemicals, adhesives, fertilizers, or other chemicals. So industry players are trying to increase their current production to match increasing demand.

3. Technology factors: The change in technology is also a factor in development of chemical industry. Newer machinery, better technology, and research are major cause behind growth rate of this industry.

4. Involvement of major players: Involvement of major industry players in chemical industry, as well as acquisition of overseas companies by Indian Giants led strong worldwide reputation of Indian chemical manufacturers.

5. Presence of raw materials: India is rich in minerals and other raw materials required in production of chemicals that decreases input capital required and increases overall revenues of manufacturers.

In coming years industry is going to grow with more than current growth rate. In 2005 its contribution to GDP was 7%, which increased to 13% in year 2007. Domestic demand is also increasing so we don’t need to look for exports always. Past few years witnessed tremendous growth and we can expect similar trends in future too.

Global Nuclear Reactor Decommissioning Industry Analysis Market Size, Regional Analysis And Competi

The global nuclear industry is expected to witness a significant number of planned plant shut downs in the years ahead, either because the life spans of the presently operating reactors are coming to an end or because of forced closures. This number is expected to be around 100 over the next few decades. However, the years 2014 and 2016 will see an increased number of planned shut downs, with 10 closures in each year.

Europe is the biggest market for commercial nuclear power plant decommissioning. The region accounts for nearly 90% of global nuclear decommissioning. Russia and the UK are the largest markets with many reactor units planned for shut down over the period 20102045.

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The planned shut down of commercial nuclear power plants will have tremendous impact on the power industry globally. It is expected that around 100 of the presently nuclear power plants will be shut down in the next few decades, reducing the installed nuclear power capacity by more than 50 GWe.

Global Nuclear Reactor Decommissioning Industry Analysis: Market Size, Regional Analysis and Competitive Analysis the latest report from GlobalData, covers the global nuclear decommissioning industry its the key contributing factors and the restraints in the global nuclear market. It provides comprehensive information on the market size for nuclear decommissioning across different geographies. The report covers an in-depth anlaysis of the market and the planned reactor units shut down for decommissioning in different countries. The study also covers nuclear power reactors expected to be shut down and an age analysis of the operating plants globally. It also includes an analysis of the strategic acquisitions and partnership agreements in the nuclear decommissioning industry. An analysis of the key players involved in nuclear decommissioning globally is also carried out in the report. The report also comprises recent industry developments, trends and activities.

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How 3D Scanners are Used in the Precision Parts Industry

The use of 3D scanners is widespread among companies that make a large range of precision parts. A 3D scanner is a highly accurate measuring device, making it perfect for jobs that have a low tolerance for error.

Specifically, 3D scanners use laser technology to sample or scan a surface. There are various ways these scanners can be utilized, with the main difference being the amount of power used. When the surface of a part or object has only to be digitized, a 3D scanner will be set for low power.

3D scanners allow technicians to uncover information about a scanned surface.
3D scanners are versatile and programmable, allowing technicians to perform a number of delicate precision measuring tasks.

Among various 3D scanners on the market are very high-accuracy instruments that perfectly measure a three-dimensional shape. This use of 3D scanners is common in the casting and sheet metal stamping industries. Another type of 3D scanner is used when its necessary to measure three-dimensional shapes of plastic parts, press-formed parts and cast parts.

There are 3D scanners that use a technology known as laser beam light-sectioning. Here, technicians scan parts and other work pieces with a slit beam. A CCD (charge-coupled device) camera collects the light that is reflected from the part, then distance information is created from the 3D data by a process called triangulation. This gathering of information would be impossible without 3D scanners.

A use for high-precision 3D scanners includes dimensional measurement of dies, forging, sheet metal, casting and the production of molded plastic parts. In the precision parts industry, workers typically are engaged in making work pieces that must adhere to strict manufacturing guidelines. 3D scanners give them the required accuracy.

Adherence to exacting guidelines is critical, because parts and pieces that are off-spec can cause injury or worse to those who end up using them. A 3D scanner uses advanced technology to tell the devices operators much important data about the piece being worked on and assures that the piece will be finished correctly.

To sum up, high-accuracy, portable 3D scanners are ideal technology for any precision work that calls for dimensional analysis, reverse engineering and industrial design. 3D scanners are also excellent research and development tools.