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 […]
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How Coworking Spaces Will Impact the Office Lease Market in 2020 and Beyond
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 […]
Why Serviced Offices in 2020 Could Be Your Next Office Space
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 […]
PEZA Reduction in NCR Affects BPO Office Demand
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 […]
Philippines IT-BPO Adjusts Projections for 2020 – 2022
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 […]
Philippine BPO Largely Unaffected by Trade War
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 […]