Top 5 reasons why Clark is the ideal location for the industrial sector

The Philippine industrial sector consists of three important business fronts: manufacturing, construction, and foreign trade and exports. These account for one-third of the country’s production, making it an important economic facet with 6.3% annum growth rate. Outside of Metro Manila, Central Lu…

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Pillars of the industry, pillars of the family: Top KMC execs talk work-life integration

The pillars of the real estate industry have been frequently associated with straight lines and sharp edges. Over the years, the strongmen behind the evolution of the industry have taken a new and softer form made evident by the leaders of KMC, the leading real estate consultancy, and flexible offic…

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Framing the Philippine Fintech Landscape: Liannet Trading receives CEZA license for virtual currency

As the Philippines continues to ride with the global paradigm shift from competition to collaboration between banks and firms, the Financial Technology (Fintech) industry in the country is emerging as one of the booming economic drivers today.    According to the ASEAN FinTech Census 2018, companie…

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JEG Tower @ One Acacia: Bring Work To Life this 2020

Work-life balance never looked this green!  JEG Tower @ One Acacia is right on schedule. The building nears its top off in the 3rd quarter of 2019 and ready for turnover 1st quarter of 2020. Located at Arch. Reyes Ave. cor. Acacia Street, Cebu City, JEG Tower is set to be an icon among office build…

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Philippine Senate Election 2019: Key stands on major economic issues

The Commission on Elections (COMELEC) has recently proclaimed the new batch of senators for the 18th Congress. In under two weeks since election day, all votes have been transmitted and finalized despite delays and questions of transparency. The Magic 12 is led by reelected Senator Cynthia Villar a…

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The Philippines’ Slowing GDP: A Cause for Concern?

GDP Reaches Lowest Growth Rate in 4 Years  Philippine economic growth declined to 5.6% in 1Q 2019, the slowest economic growth recorded for the Philippines in four years according to the Philippine Statistic Authority.  As a result, the World Bank expects the Philippine economy to grow at the marg…

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Defining Innovation in Real Estate

“The people of Cebu deserve so much more.” This is the message that JEG Development Corp. (JDC)’s Chief Operating Officer, Marko Sarmiento wants to communicate when he and his family conceptualized JEG Tower @ One Acacia, Cebu’s first green building to join the growing number of Metro Cebu’s skylin…

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Beyond Metro: Clark, Iloilo, and Cebu as top locations for BPO

As the Business Processing Outsourcing industry continues to hold a steady stance as one of the country's top economic drivers, BPO companies have started locating and operationalizing outside Metro Manila. While many of the country's BPO companies have chosen the Philippine capital region as the …

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How TRAIN 2 will affect businesses in the Philippines

The Philippines has been known to be one of the countries that have the highest taxes in the Southeast Asian Region. Recently, the government has been aggressively reforming the taxation system in the country especially after the successful passage of the Tax Reform for Acceleration and Inclusion (T…

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Bridging the estate gap: The Upper Class to bring premium offices in Quezon City

Quezon City is now an emerging location for businesses and companies who want to capture the labor pool and market that will be coming from the North of Metro Manila. In fact, the city is named as among the top Philippine destinations for new businesses. QC is also set to be the fastest growing p…

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Best Locations for Start Up Businesses in the Philippines

Leasing an office space is probably one of the milestones for any start up business. Many studies and researches have been linking the productivity of employees as well as the cultivation of a company culture rooting from the existence of traditional office spaces. While it should be one of the top …

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Siargao is the next tourism gem for PH

Philippine tourism gets an extra boost as Siargao goes increasingly popular for local and international travelers. Deemed as "Asia's Best Island" by Condé Nast (CN) Traveler, the popular teardrop-shaped island in Surigao del Norte was recognized as top location out of the best 30 islands in the worl…

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Why the Mega Manila Subway is good for PH capital

Efficient mass transport is proving to be more vital to a country's social mobility and economy. As the government makes a major investment in infrastructure through the Build, Build, Build program, better transport systems such as the Mega Manila Subway pose greater impacts to the Philippine econom…

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MICE industry is expected to boost PH Tourism in 2019

The Meetings, Incentives, Conventions and Entertainment sector continues to show great potential in boosting Philippine Tourism this year. MICE locations usually offer high-quality venues and first-class hotels and facilities fitting for international gatherings and special events. These locations a…

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The importance of an office for your business

Since the emergence of co-working spaces and companies that are more open to remote employees and virtual meetings, there have been many discussions and debate whether companies still need an office space in order to function and operationalize. While the flexibility of a virtual office is favorable…

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DOT: PH records all time high in tourist arrivals

The Department of Tourism has recorded an all-time high for tourist arrivals in the Philippines in 2018. According to their  year-end report, a total of 7,127,188 tourists have visited the Philippines last year, a figure that is 7.65 percent higher than 2017's 6.62 million arrivals. This is also a r…

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Breaking Barriers: Top KMC professionals redefine PH real estate success

For  generations, pink has been the color commonly  associated  with femininity. As time progressed, the women's movement took over the confining stereotype and has been retold under a different narrative-one of great contribution and quality work in various fields.    Selected KMC professionals  r…

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KMC Savills Cebu Office Briefing 4Q 2018

KMC Savills is pleased to present the latest Office Briefing for 4Q 2018. The report provides current data on rental rates, vacancies, and supply pipeline in Cebu's central business districts and submarkets for the previous quarter. Key Highlights: The improvement in Cebu's office vacancy rate w…

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Manila tops world’s market for luxury homes in 2018

Manila overtakes first class cities such as Paris, Boston, and San Francisco as the world's best market for luxury homes in 2018. According to the Prime International Research Index (PIRI), the country's capital claimed the top spot due to an 11 percent increase in prices the previous year. The Wea…

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Mega Manila Subway to bring more accessibility to NCR offices

The construction of the long-awaited Metro Manila or Mega Manila Subway is now underway. The Department of Transportation recently broke ground on the Philippines' first underground railway last February 27, 2019. The first phase of the joint Japanese-Filipino project of Shimizu Corp., Fujita Corp.,…

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Insular Life Building revisited: What made it the gem of the Makati skyline

There is a reason why Insular Life remains one of the leading insurance companies in the Philippines even after a century of service: its ability to evolve with the changing times.  As the iconic Insular Life Building along Ayala Avenue re-opened for leasing after a two-year renovation period, the c…

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Quick win renovations that can be completed to add value to your property

Owning a property can be a smart investment. But with quick changing pace of the real estate market, its value may go up and down regularly. To make sure that you make the most out of residential property, you should aim to utilize its potential by making a minimal investment while  aiming  maximize…

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Megaworld leads office developments in 2018

Megaworld supplies the majority of office developments in 2018. The company strengthened its position as it effectively controlled office space leasing nationwide. The developer is forecasted to expand its portfolio by 1.5 million square meters of gross leasable area by 2020. 2018 Metro Manila Offi…

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Gov’t to impose safeguard duty on cement

The Department of Trade and Industry is aiming to make the cement industry more competitive. As a form of tax regulation, they have imposed a "provisional safeguard duty" on imported cement to avoid placing local cement producers at a disadvantage when competing with international manufacturers. …

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KMC Savills Metro Manila Office Briefing 4Q 2018

KMC Savills is pleased to present the   latest Office Briefing for 4Q 2018. The report provides current data on rental rates, vacancies, and supply pipeline in Metro Manila's central business districts and submarkets for the previous quarter. Key Highlights: Metro Manila saw 746,900 sq m of new …

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PH GDP growth increases in Q4 2018

The Philippine Statistics Authority recently announced that the country's GDP grew 6.1% in 4Q 2018 bringing 2018 full year growth to 6.2%, missing the government's downward-revised 6.5 to 6.9% target and slower than the 6.7% growth recorded in 2017. Improvement was seen in the industry sector as it…

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Securing your rental home in 10 easy steps

Feel secure even in the comforts of your rental home. Make moving into a new place a peaceful and hassle-free experience by applying easy fixes to protect your home.  Picking the correct residential location might play a big role in ensuring  that  a property  is always guarded but  it's better to b…

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Robinsons Gamma hosts new coworking spaces in Ortigas

Robinsons Land moves to meet the growing demand for new office space for rent in Ortigas Central Business District. Robinsons Cyberscape Gamma is the newest addition in its office building portfolio and now carries the brand-new coworking expansion of KMC Solutions. Ortigas' New Breed of Workspace …

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Ortigas introduces new offices for lease

The Ortigas central business district has been modernizing with the introduction of new office Grade A office buildings. As one of the larger business districts in Metro Manila, it is one of the top business and retail hubs in the country containing the largest shopping malls, government agencies, a…

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KMC Savills: Office market expects boom in vacancies by end of 2018

The Metro Manila office market has seen an increase in vacancies after the completion of 182,900 sq m of additional office space. In KMC Savills' 3Q/2018 Office Briefing, the vacancy rate is pegged at 3.7% of the total stock and is expected to balloon to 5.0% by yearend. Metro Manila expects a tota…

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