In Reply to: Exchange rates. The rupiah has risen ... posted by Baliphile on Monday, 12. July 2004 at 13:57 Bali Time:
Of course it has, keep a watch on the malaysian currency too.
its set to gain close to 70,000 call centre jobs from america and australia both, and some jobs from new zealand will also go to asia.
Companies are selling "offshore" selling to be able to compete at a lower price (because they pay much lower wages) especially in the IT and banking markets.
IBM has already started this, and EDS are next in line with the big players.