Office spaces are one of the best assets of the Philippines for foreign investors. A lot of international businesspeople are eyeing to start their operations in the country; hence, increasing the demand for office spaces. According to data released by Leechiu Property Consultants (LPC), 2019’s record in office space take up reached 1.7 million square […]
The short answer is that coworking spaces will continue to redefine the office lease market in the years to come. These spaces benefit its users more than traditional offices. It is important to further note that coworking spaces will impact the market in ways that are beneficial for all. So far, these spaces have influenced […]
Serviced offices are everywhere. And if you’re wondering what’s the difference between the traditional office setting with a serviced office, it’s time to know more about it. A lot of experts even recommend taking up serviced offices instead of the traditional one. With that in line, here are the reasons why serviced offices in 2020 […]
The Philippines comprises of a number of special economic zones or SEZ. These zones are highly developed or areas with the potential to turn into “highly developed agro-industrial, commercial, tourist, banking investment, and financial [centers],” according to the Republic Act No. (RA) 7916. These zones welcome foreign and local investors in order to open more […]
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 […]
