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Singapore firm sees bigger market for ‘outsourced’ office spaces

Vol. XXI, No. 149 [ Business World Online ]
Thursday, February 29, 2008 | MANILA, PHILIPPINES

REGIONAL BUSINESS center and serviced office operator CEO Suite Center wants to boost its presence in the Philippines after setting up shop in the country last year, offering the novel concept of "outsourced office spaces."

In a briefing, CEO Suite President and founder Mee Kim said her company is looking at emerging business districts such as Fort Bonifacio and Cebu although the Singapore-based firm remains on the lookout for Grade A office space in Makati.

"You don’t see a lot of operators here. When you go to Singapore, you have over 50 operators. There is a huge room for Philippines to grow in our kind of business. Outsourcing of office space is still a new concept to most business people. The Philippines will be the center of the action because it is known for outsourcing," she told reporters.> > > [ full story ]
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