Some of the world’s fastest growing economies are located in Southeast Asia. For some countries in the region, rapid growth and development is paving the way to emulate the success of the Asian’ tiger economies’ such as Singapore, Taiwan, South Korea and Japan. One such country is the Philippines, and it is well on its way to being one of the world’s largest economies, according to a recent report. The steadily that rent of office space in Manila is the cause of all this potential for growth in the region. The options they have should be known to businesses looking to invest in and develop a presence in the region.Learn more by visiting Shared Office Space near me
Business is booming in the Philippines because it is one of the few countries that after the global recession, has maintained economic growth. It remains one of the world’s most competitive markets, and the outlook of numerous global financial agencies remains optimistic. Business Process Outsourcing (BPO), tourism, mining, and infrastructure are some of the flourishing sectors. The Central Business District of Makati is your company’s best choice when it comes to establishing an office in the region.
Makati is the financial center of the Philippines, and most large firms and multinational companies operate out of the city. Standard Chartered, Shell, Chevron, Ernst and Young, and a number of other financial institutions are some of the businesses that occupy the numerous buildings in Makati. Due to the existence of these firms, the cost of renting office space in Manila can be costly. Before settling for one it is crucial that companies look at all their options. Consider renting out or leasing an office space located along Ayala Avenue if you want your business to project professionalism and a picture of progress.
Why the avenue Ayala?
The Philippines’ reaction to Orchard Road in Singapore or Wall Street in New York City is Ayala Avenue. It is the most in demand stretch of real estate in the country and most high-rise buildings are located here in Makati. Due to its proximity to other organizations and agencies, commercial establishments, and its easy access to other parts of Metro Manila, it is an ideal place to develop your enterprise.
In an office room, what do you look for?
Accreditation from the Philippine Economic Zone Authority and membership is one of the first things to look for when renting out a space in the region. This is the government agency that promotes investors’ business activities in the country, and the decision you make should play a major factor in it.