Despite the decline of direct BPO investments in the first half of 2017, real estate companies are expecting offshore online gaming companies to continue their demand for office spaces. Megaworld Corporation, a known real estate company that develops modern townships that are also sprawling BPO hubs, has noted that the wave of new BPO players […]
Despite the city of Cebu being delisted from Tholons’ world rankings for cities as outsourcing destinations, the local BPO industry in Cebu is quietly thriving much like the previous years. Colliers International recently reported in their Q2 2017 Office Report that 57% of the office leasing transactions was mostly from BPO, whereas the local office […]
The development of the key province cities in the southern region of the Philippine islands is key to furthering the holistic economy of the country. Outside of Metro Manila, known as the country’s main hub for BPO, there are upcoming regions where BPO have since started and are continuously thriving. There is Cebu Island and […]
There is much optimism in the country’s BPO sector despite the challenges from within and the changing times due to technological advances with automation. Despite seeing direct investments slump by as much 34% in the first half of 2017, the BPO industry is seen to recover in 2018 from the “rebalancing” of tax revisions. According […]
The Philippines’ IT-BPM industry has a reputation of withstanding global factors as a sign of its robustness towards continuous growth. From the Asian financial crisis, to the global tech bubble and the real estate turmoil that adversely affected the United States economy, the local IT-BPM industry is no stranger to external shock. In the first […]
In the offshoring setup, foreign companies used to lease an office space to house their operations. For the truly established businesses that began operating in the Philippines, they brought a capital sum in order to construct an office that will serve as the base of their operations. For smaller foreign businesses that want to get […]
