Stay updated with property market trends. Explore our blog, Colliers REview Philippines, for our professional outlook on issues relating to the real estate industry.
CREATE-ing the new office landscape: Revenue regulations on value added tax
With the issuance of Revenue Regulation (RR) 15-2021, which essentially maintains the current VAT regime, locators will be able to manage their operating costs and protect their margins as they wait for the business environment to gradually improve.
CREATE-ing the new office landscape: WFH extension for BPOs and other PEZA ecozone locators
By allowing various locators, including BPO companies, to extend work-from-home arrangements until September 12, 2021, the CREATE Law enables PEZA locators and other registered business enterprises to future-proof their operations from a business continuity standpoint.
The Implementing Rules and Regulations (IRR) of Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act was signed last June 21, 2021. Read more.
Indoor Air Quality in the Workplace
Indoor air pollution is perhaps one of the most underrated health concerns in commercial and institutional buildings and it is not hard to see why. Read more.
The Philippines is one of the fastest growing economies in the region. Its growth is mainly consumption driven, with household spending covering nearly 60 percent of the country’s annual economic output.
Flight-To-Quality Redefines Cebu Office Market
The Cebu Office Market has seen a substantial progress over the past few years due to the continuous influx of the outsourcing businesses.
Is there value in a 30-year-old building?
As soon as brand new building is completed, it immediately experiences depreciation due to physical deterioration from normal wear and tear.
Southern Luzon has always been a major contributors to the Philippines’ annual economic output, accounting for about 14 percent of the country’s gross domestic product (GDP).
Headwinds and Tailwinds: Philippine Property in 2020
Colliers Philippines' Managing Director, Richard Raymundo, had the pleasure of being one of the speakers at Inquirer Property’s first property forum for the year.
Outsourcing Opportunities Amid US Wage Hike
Raising the minimum wage across the United States may increase US businesses to outsource jobs to countries such as the Philippines where production costs are lower.
Post POGO: CREATE and its impact to BPOs
BPOs were born out of necessity. In the late 90’s, the need for large multinational companies to outsource peripheral businesses was to realign them in focusing only on its core competence.