Printer Friendly
The Free Library
14,716,498 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Asia IT budgets are up in 2009.


Strong economic growth in Asia is driving domestic insurers to increase their information technology budgets for 2009 in an effort to remain well-equipped, add products, develop new channels, make process changes, respond to new regulations and maximize market values.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 financial research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 Celent, emerging markets such as China and India are showing continuous economic growth, a high savings rate Savings rate

Personal savings as a percentage of disposable personal income.
, and large and aging populations. These factors are offsetting business shrinkage Shrinkage

The amount by which inventory on hand is shorter than the amount of inventory recorded.

Notes:
The missing inventory could be due to theft, damage, or book keeping errors.
 in mature markets like Japan's, due to the global financial crisis.

Investment in technology infrastructure, customer service, new business, distribution and management analytical tools will be "key" Asian tech initiatives in 2009, according to Celent.
COPYRIGHT 2009 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Briefing: Highlights From BestWeek
Author:Ng, Rebecca
Publication:Best's Review
Article Type:Brief article
Geographic Code:90ASI
Date:Aug 1, 2009
Words:109
Previous Article:Ex-homeland security deputy: yes to backstop.(Briefing: Highlights From BestWeek)(James Loy)(Brief article)
Next Article:AIG's lead attorney: expect an appeal.(Briefing: Highlights From BestWeek)(American International Group Inc.)(Starr International Company Inc.)(Brief...
Topics:

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles