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IFPSM MEMBER ASSOCIATIONS

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February 2009

NEWS

Procurement outsourcing set to grow through downturnThe economic downturn will fuel a growth in procurement outsourcing (PO) during 2009 and beyond, according to studies
Central and Eastern Europe 'not taking advantage of purchasing in low-cost Asia'Low-cost Asian countries may be catching the eye of Western European purchasers but there are only limited indications they are attracting attention from buyers in Central and Eastern Europe
Philippines gains prominence in low-cost sourcingExperts have hailed the Philippines as a new global centre for low-cost sourcing
Somalia ranks as most corrupt countrySomalia, Myanmar and Iraq have been ranked the most corrupt states in the latest rankings by Transparency International, an anti-corruption watchdog
Government ignored efficiency recommendations at a cost of $25bnThe US government could have saved more than $25 billion if it had implemented recommendations set out by inspectors general (IGs) since 2001
Business travel: downward trend for hotel ratesThe global economic downturn will see businesses worldwide pay less for hotel accommodation in 2009 than previously thought

FEATURES

Gas supplies: where energy means powerThe recent gas dispute in Eastern Europe shows how dependent on Russia much of Eastern Europe is for energy. We examine recent events and assesses the viability of alternative sources
Commodities: boom, bust what next?The commodities boom has come to an end and prices have plummeted in line with the rest of the global economy. But has the market now reached a kind of stability, Richard Brass asks

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