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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 […]

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POGO Demands for Office Space Surging

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 […]

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Philippines IT-BPO Remains Optimistic for 2020

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‚Äôs slower than projected growth rates in recent years. In its yet to be released 2022 roadmap, the […]