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2008

Philippine properties ‘hottest’ in Southeast Asia

MANILA, Philippines—We may have hot weather and hotheaded drivers, and “hot” money pocketed by some corrupt government officials, making life a little bit more difficult here in the Philippines. But l... Read more

Cebu property firm to expand IT park

To meet the increasing demand for commercial spaces, the Cebu Property Ventures and Development Corporation (CPVDC) is planning to expand the 1.26 hectare Asiatown IT Park to two nearby lots of 12,633 square meters. ... Read more

Taguig plan to raise property taxes hit

MANILA, Philippines—Two Taguig City councilors on Wednesday assailed their colleagues and Mayor Freddie Tiñga for allegedly railroading the passage of a “flawed” local tax measure aimed at incr... Read more

New regulation postponed in Philippines amid fears about impact on property market

The Philippines real estate sector has been granted a reprieve from the implementation of a new accounting rule which would have significantly affected bottom lines amid a global financial downturn. The new regula... Read more

The birth of a techno hub

How do you decongest a city of 10 million people? Ayala Land has come up with a very dynamic answer: Build another one! When you travel along Commonwealth Avenue in Quezon City, it would be hard to miss the UP Ayala Te... Read more

Century Properties to invest P15B in '09

HONG KONG -- Century Properties Group, a top non-listed Philippine developer, plans to more than double its spending next year to build condominiums in the country, its chairman, Jose E.B. Antonio, said Wednesday. ... Read more

Renting an Office Space

Renting office space can be done without ever having to leave your home. In the past, if you were looking to rent office space, you would have to get in your car and drive from building to building. This could take an e... Read more

The Comfortable Office

A comfortable office is essential for efficiency and quality work. Employees can't give their best if their chairs are hard, the light insufficient, screens the wrong height and the room stuffy or cold. You don&#... Read more

Setting Up an Office

Setting up an office is expensive and takes up a lot of time. It is very important to do it right, as this is the base of your business. Most businesses start small and on a shoe string budget. You need to make a list o... Read more

Makati office rental rates hit record high

MANILA, Philippines—Office rental rates in the Makati business district have reached an all-time high, while its vacancy rate registered a record low due to surging demand and lack of new supply. Despite thi... Read more

No Free Lunch : Real estate on the rise

MANILA, Philippines -- UNTIL early last year, communications, particularly telecommunications services, was the single fastest-growing industry within the services sector. In my economic briefings, I liked to say that t... Read more

Demand rise for Cebu commercial space

CEBU CITY, Philippines - After a surge of residential subdivisions built in 2005 and 2006, the trend moved towards condominiums and office space in 2007. Few new subdivisions were opened last year compared to previous... Read more

Official: There is no lack of office space in Cebu

There is no lack of commercial office space in Cebu today. Joel Mari Yu, Cebu Investment Promotions Center (CIPC) managing director, gave this statement yesterday after being informed that IBM aborted plans to exp... Read more

Finding the Right Office Space for Your Business

Every successful office manager knows that the office, furniture or equipment is not necessarily the key to prosperity in the workplace, but the people working with them are more important. That is why many office suppli... Read more

Property market shows silver lining

Manila, Philippines (Dated: November 4th, 2008) -- At least two sectors of the property market are not too badly affected by erosion of investor confidence in the wake of the global economic slowdown, a consulting firm sai... Read more

Lack of office space may affect BPO sustainability

MANILA, Philippines -- To keep up with the industry's rapid growth, some business process outsourcing (BPO) companies flock to less-than-ideal places like shopping malls for lack of enough office space.Such locations, ... Read more