Archive for April, 2010

Philippines BPO Industry – Experts Forecast Clear Skies Ahead

BPO Industry in the Philippines

Regarded as one of the fastest growing industries in the world, the Philippine BPO market is expected to continue on a positive trend this year. Experts at the Business Processing Association of the Philippines project an annual increase of at least 4-10% in global market shares, coupled with an expected revenue of at least $10-12 billion. An annual hiring rate of 150,000 is also anticipated, thereby establishing the Philippines as one of the top choices for BPO destinations in Asia.

SVEG Visa Boosts Business and Creates Jobs

SVEG Visa for the Philippines

As the Philippine BPO Industry expands, foreign investors continue to inject capital and resources into the economy, resulting in job creation for the local work force. A key to this unprecedented growth is the recently developed SVEG, short for Special Visa for Employment Generation, a non-immigrant visa which is enabling foreigners to create  business opportunities in the Philippine market.

Fort Bonifacio Office Space & Real Estate

Fort Bonifacio is just one of the many financial districts flourishing in the Philippines. From an old army post to a thriving potential financial capital, the Fort is proving its worth as a pot of gold for the local real estate market. As business prospers in the area, luxury residences and office buildings are rising up from the fields and empty lots.  Real estate developers and brokers are also expanding operations in the district to provide for the increasing housing demand. This has created an unprecedented boom for the Philippine real estate industry, as more and more foreign investors inject capital into Fort Bonifacio and the surrounding vicinity.

Office Space in Makati

Office Space for Lease in Makati

Whether you choose the central business district (CBD) or a more affordable option, there are many office buildings located very close to public transportation and in very safe areas. These are perfect buildings for any call center, contact center, IT and other BPO company in Makati, Metro-Manila.

Selecting the appropriate commercial office space is important in any country, but even more so in Makati and Metro-Manila.   Major considerations are tax incentives with PEZA (which can depend on the geographic location of your office space) and employees. A desirable place of employment for your local employees is a must in the Philippines. The most desirable office space for Filipino young professionals is located in office buildings on Ayala Ave, Makati’s Central Business District.