By Ben O. de Vera
Office space vacancy in Metro Manila’s commercial districts has further tightened on the back of robust demand from business process outsourcing (BPO) companies despite rising rental rates during the first quarter of 2014, according to global real estate adviser Cushman & Wakefield.
By Amy R. Remo
Metro Manila is now the second-most preferred destination for outsourcing services, edging out Mumbai, India, in the Tholons’ Top 100 Outsourcing Destinations for 2014.
The Philippine healthcare information management (HIM) sector is poised to maintain its fast-paced growth to become a top global destination, with expectations of chalking up revenues of $1 billion by 2016, and an employment level of 100,000.
By Miguel R. Camus
Henry Sy’s SM Investments Corp. is acquiring five office towers in Bonifacio Global City (BGC) in Taguig, allowing the Sys to widen their presence in the booming outsourcing industry and challenge the country’s biggest office landlords, a source with knowledge of the matter said.
Sutherland Global Services recently launched its latest Philippines recruiting campaign called “Go Glocal: Sutherland brings Global Opportunities Closer to Home.”