The Philippines is currently undergoing a slow growth in the Information Technology and Business Process Management (IT-BPM) industry compared to the previous projections on the industry. The current projection, which is a revenue compound annual growth rate (CAGR) projection of 3.5-7.5% or $29-32 billion for 2020-2022, is lesser than 2016’s projection of 9%. On the […]
The Philippines can be considered as synonymous with the business process outsourcing (BPO) industry as the country is widely known as one of the best BPO destinations in the world. Even top companies around the world, such as Google, Facebook, and Apple, get a part of their team from the Philippines. The BPO industry has […]
Like how it has always been, human life evolves as technology advances. It is for that same reason that automation and artificial intelligence should not be feared. There is no denying that repetitive jobs might be lost during the transition. Even so, such developments will open up opportunities for work that requires higher-order skills. Since […]
By the end of this year, POGOs (Philippine Offshore Gaming Operators) will hit the one million-square-meter mark in terms of occupied office space in the country, according to an article published by the Inquirer. That is because currently as Colliers Philippines research manager Joey Roe Bondoc pointed out, POGOs take up 970,000 square meters of […]
Ideally, it is best to strike a balance when it comes to office space demand. This way, opportunities to operate a business can be fairly distributed to a wide range of industries. By extension, there will be not just one player who will drive the demand for office spaces. From a business perspective, we know […]
The IT-BPO sector remains hopeful pending the approval of the TRABAHO (Tax Reform for Attracting Better and High Quality Opportunities) bill which seeks to lower corporate income tax rate and rationalize fiscal incentives. That is despite the industry’s slower than projected growth rates in recent years. In its yet to be released 2022 roadmap, the […]
