With its consistent ranking by the World Bank Group as the #1 city for Ease of Doing Business (for 11 years now, since the inaugural list in 2005), Singapore remains a top global destination for major business development and large-scale investment. The nation continues to be a progressive economy with plenty of vibrant opportunities. Its efficient governance, streamlined systems, and clean modernism, coupled with a well-educated and highly skilled labor force make Singapore an excellent business destination. Here are some things to consider when deciding to set up business in Singapore.
Founded in 1989 by English entrepreneur Mark Dixon, Regus (www.regus.com) has established itself as a multinational corporation that provides serviced offices and workspaces around the world—the global leader in the flexible work space industry.
With a network that spans over 100 countries, over 900 cities, and over 3000 locations, Regus is more than 20 times bigger than their next competitor. “That means that you will always have professional flexible work space with Regus near you, almost regardless of where you are,” says Lars Wittig, Country Manager for Regus Philippines (www.regus.com.ph).Read more
Fuente Osmeña Rotonda, Cebu City
Situated in the Central Visayas and designated as the Philippines’ Queen City of the South, Cebu offers an alternative to Metro Manila’s restless urban hustle and bustle. In this Visayan capital city, expect a laid-back atmosphere that reflects its lush island surroundings. Cebu offers a concentration of tourism destinations, heritage sites, pristine shores, sweeping city views, as well as a booming economic industry. Aside from its idyllic scenery, Cebu City is second only to Manila in terms of business and investment potential, ranked 7th in Tholons’ 2016 Top Outsourcing Destinations, identified in 2014 as one of 5 Future Eco-Cities in Asia by the United National Industrial Development Organization (UNIDO), and previously declared as a Top 10 Asian City of the Future by Finance Direct Investment Magazine.Read more
Outlook in IT related Jobs
In 2015, the IT-BPM sector had about 1.2 million employees. Its largest sector, voice services, which encompasses call centers, accounted for 69% of the total IT-BPO industry, employing two-thirds or about 700,000 of its entirety. Upon closer scrutiny however, you will see that the more lucrative jobs in this industry is that of an IT professional.Read more
For over two decades, Regus has built its reputation as the world’s leading provider of serviced workspaces—with business centers, executive suites, conference rooms, lounges, and virtual offices spanning 3000 locations, 900 cities, and 120 countries. With a trusted network of centers across the globe, Regus is the preferred choice for clients such as Apple, Toshiba, and Google in the Philippines. This month, Regus opens their 24th workspace in the Philippines, a testament to their solid and unwavering presence.
On May 30, 2016, the Regus Office at McKinley Town Centre finally opens its doors. The newly launched office is ideal for long-term tenants as well as temporary space rentals—featuring 34 offices, 179 work stations, 2 meeting rooms, a business lounge, and café. To learn the story behind the company’s regional progress and their ongoing global expansion, Flyspaces had the unique opportunity to speak with Lars Wittig, Country Manager for Regus Philippines.
McKinley Town Center, Fort BonifacioRead more
Several companies have asked us to gather data on the markets in which we are operating. True enough, it's no simple feat to enter a foreign market and set up operations. Between the pre-entry market research, legal requirements, finding the right people to manage day-to-day functions, and of course locking down the right workspace - it can be very difficult to determine how to start.
We've put together this infographic to display an overview of Singapore's economic performance in 2016. More details to come in our "Doing Business in South East Asia" article series to be released in June.
Kuala Lumpur, Malaysia—With a skyline characterized by soaring glass and steel high-rises, sleek buildings with pointed spires, historic architecture alongside modern structures—and another 60 new office buildings expected by 2018—the metropolis, fondly known as KL, is a prime destination for innovative corporations and global business. In their continued regional expansion, FlySpaces debuts its Malaysian chapter in the capital city. Now, start-ups, entrepreneurs, companies, and relocating businesses have a convenient portal into Kuala Lumpur.Read more