By Julito G. Rada | Posted on Nov. 21,
2012 at 12:00am
[ manilastandardtoday.com ]
The Philippines is experiencing the
“best real estate market in the last 20 years,” according to real estate
advisory firm CB Richard Ellis Philippines.
“We are looking at sustained growth
and success. The challenge now is how to cope with this unprecedented success,”
CBRE chairman Rick Santos said in a press briefing in Makati City Tuesday.
Santos said the phenomenal growth of
the business process outsourcing sector supported the expansion of the office
and commercial space sector.
“The Philippines is one of the top BPO
providers in the world, surpassing India in voice operations and second in
non-voice,” Santos said.
He said there remained a lot of room
for expansion in other areas, such as software and web/graphic development,
information technology and engineering services and healthcare BPO.
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