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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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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 […]

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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 […]