Coworking in South East Asia: The Future of Office Spaces

The landscape of the traditional workplace is currently changing and the usual cubicle-clad offices we’ve become accustomed to are being reimagined as a collaborative environment where professionals and small businesses co-exist, collaborate and build a new type of community. Welcome to coworking, the future of office spaces.

 

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Cowerkz King George’s Avenue, Singapore

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7 Types of Workspaces You Can Rent for Your Business

Co-working has become increasingly popular in other parts of the world. Now it is gaining momentum in Asia through FlySpaces, an online marketplace offering short term rentals for work and event spaces in the Philippines and Singapore. Co-working is a solution for entrepreneurs, freelancers, startups and small and medium enterprises (SMEs) who don’t want to sign long term leases for office spaces at sky high prices. With FlySpaces, you now have access to spaces that work for your business.

Empower your business with these short term workspace options offered by FlySpaces:

 

Co-working Spaces

Co-working spaces are shared offices that offer a creative and diverse work environment for people who are looking for an alternative to the traditional corporate setup. In an open space rather than a closed workstation, you have the opportunity to meet and collaborate with people from different industries and backgrounds in a place that promotes a fast-paced, productive and casual atmosphere.

 

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Bitspace, Makati City, Philippines

P400/day, inclusive of Wi-Fi, a socket for every seat, complimentary water and coffee, access to their library, meeting rooms, and training rooms. Other amenities include a projector and projector screen, printing and photocopying services, and fax and phone calls.

 

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4 Things You Should Do to Be Financially Independent Before Turning 30

For fresh graduates and young professionals, financial independence is a big step and proud accomplishment. Cirumstances may differ between the east and west with this concept, because part-time or summer jobs are less of a common concept in Asia. Often, a fresh graduate's first job after university will be his or her first job over. In this scenario, it would be wise for this market to think about how best to manage the new inflow of cash they will have coming in. It is never too early to start some basic personal financial management. It may be the key to smarter spending and good money habits down the road. Keep these 4 things in mind when to hit financial independence before the age of 30!

 

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8 Tips to Smart Spending

If there’s one thing we can all agree on, it’s that spending money is a lot easier than saving money. Depending on our mood, the lifestyle with which we grew up, or the spending habits to which we’ve grown accustomed, a lot of young professionals and entrepreneurs spend money a little too frivolously, not realizing that the small things are the reasons we end up living off our monthly paychecks.

 

But all hope is not lost yet. It is possible to make small changes to your spending habits to manage your money better for a stable financial future. Learn how to spend your money wisely by knowing exactly how much you’re paying for each of your purchases and how it affects your financial stability in the long run. Here's 8 tips to smart spending.

 

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6 Modern Co-working Spaces for Young and Creative Entrepreneurs

When searching for an office to house your growing startup, it’s important that the work environment that you immerse yourself in every day inspires a positive, creative and collaborative atmosphere for you and your team. These six cool co-working spaces exude the right vibes to encourage productivity and growth for your business.

 

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Cowerkz King George’s Avenue, Singapore

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6 Unique Venues You Should Consider for Your Upcoming Event

Looking for a venue to house your next event? With everything you have to deliberate, choosing the right location can make or break the success of your event. Site selection is often the most challenging part of the event planning process. Researching for places and negotiating with venues can be time consuming too. But with FlySpaces, you can search and pick the perfect venue for your event on your laptop or smartphone.

 

From corporate functions to PR launches, FlySpaces is your convenient guide in finding the best location for any type of event you’re organizing. Here are a couple of cool and functional venues you should consider booking for your next event.    

 

Launch Parties

 

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The 14 Best Foods to Eat When You’re Feeling Stressed

That feeling of stress that comes in the hectic culture we live in can be mentally and physically exhausting. So it’s important to step back once in awhile, breath slowly and clear our minds, and eat foods that alleviate stress.

A great way to battle stress and relieve tension in our body is by eating the right types of food. Here are 14 foods to reach for when you need a break from all the stress that’s eating you up.

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5 Morning Habits to Energize you for the rest of the Day

As the day goes on, it can be harder to focus on what you’re doing and finish your work without getting distracted. If you get worn out and feel tired easily, it might be time to make some adjustment in your morning routine. The exhaustion can kill your productivity so it’s important to do the right things in the morning that will make your energy last as long as possible.

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Find the Perfect Working Space for Your Industry

Find the Perfect Working Space for Your Industry

Finding an office space can be both exciting and stressful. It needs to have the necessities for you to be able to operate daily and have an aesthetic that promotes productivity and innovation among your team. It also has to be on budget, especially for small businesses and startups. You need to grow your company and it’s vital that the space you’ll be in all day stimulates that thought – without emptying your wallet.

If you’re considering renting a space but you don’t have a clear idea of what you truly want and need, here are some good starting points that would complement well to your specific industry.

For the tech startup in Manila.

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ASpace in Makati, Manila.

If you’re looking for a space to house your growing team of techies in Manila, ASpace offers first-rate amenities and services to suit your needs, from a well-equipped meeting room for major client deals to a comfy lounge area to relax during your free time. They have fast and reliable Internet connection so you won’t worry about unexpected downtime during testing and launches for your products. Highlighting comfort and efficiency, ASpace is a great dwelling point for you and your team to build your business.

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Citigroup’s New Office Plan: No Offices Bank adopts open layout in new headquarter.

 

FROM THE WORLD STREET JOURNAL WEBSITE.

The layout at the new headquarters is minimalist and more egalitarian. Because most desks aren’t assigned, employees must lock up their family photos and personal tchotchkes each night. Everyone gets a window view—but no one gets complete privacy.

Mr. Corbat, who started his career on the cacophonous Salomon Brothers trading floor in 1983, pushed for the new design even though he knows it won’t be universally popular among the staff.

“There probably is the occasional person who says, ‘I’ve spent most of my career in an office and I don’t want to change that now,’ ” said Mr. Corbat. “But weighing that against the benefits to the rest of the organization, that’s a risk we’re comfortable taking.”

While researchers disagree about whetheropen offices foster communication or encourage distraction, Mr. Corbat is in the former camp. He says he was inspired by another Salomon alumnus— Michael Bloomberg, who as New York City mayorworked from a desk in the middle of City Hall.

The wall-less workspace is meant to flatten hierarchies, something banks have traditionally been built on. Former Citigroup CEO Sandy Weill had a fireplace in his office when he ran Shearson Loeb Rhoades from atop the World Trade Center. Mr. Corbat’s current Park Avenue office, at more than 600 square feet, is larger than many Manhattan apartments.

Mr. Corbat said he wants to encourage communication among employees who typically might not talk to one another, and is particularly excited about a “town square” area on the ground floor.

“You’re going to be forced to bump into people,” Mr. Corbat said. “I want people interacting around our business and ideas.”

Mr. Corbat’s new workspace, which measures about 360 square feet, won’t have walls or a door. Instead it features glass dividers, about 7 feet tall, to provide what the bank calls “seated privacy.” Other executives get semiprivate spaces of about 180 square feet.

When Mr. Corbat announced his plans, he made an offer that most workers considered rhetorical: Anyone who has a problem with the design can come talk to me. Ray McGuire, who runs the firm’s corporate and investment bank and its army of highly paid deal makers, actually took him up on it. Mr. McGuire says he feared his staff would be uncomfortable in the new setup, and that could affect how they serve clients.

“When you are in an industry that is reluctant to change, and you manage a group of people who have been successful, a new idea can be difficult to adopt,” Mr. McGuire said. He said Mr. Corbat helped convince him that the new setup will help the bank best serve clients, by fostering collaboration and attracting young talent. Besides, Mr. McGuire added, “A lot of people are out meeting with clients anyway.”

Other financial firms have adopted elements of modern design, but even banks that have incorporated some open spaces have kept private offices for almost all of their senior executives. As part of its research, Citigroup toured the New York offices of rivals such asGoldman Sachs Group Inc., as well as  Facebook Inc. in Silicon Valley.

Only the top three floors at Citigroup’s Tribeca headquarters will be fully renovated when the executives move in next month. Changes to the rest of the building will be rolled out over roughly the next four years. When complete, the skyscraper will have capacity for about 12,500 employees, up from the current 9,000.

The bank says it carefully considered its employees’ concerns. The design—from white-noise generators to walls and ceilings that absorb sound—is meant to minimize the distraction of nearby conversations. Each floor will have multiple conference rooms and small phone rooms for private conversations. The bank is considering “instant fog” for some of those glass-walled rooms. Employees have been told that they’ll adapt by wearing headphones and talking more quietly.

“If you look at the history of trading floors there is an extremely high level of productivity,” said Don Callahan, who runs Citigroup’s operations and technology and is overseeing the renovation. “If we can adapt that to a nontrading floor environment, we’re going to be in great shape.”

Write to Christina Rexrode at christina.rexrode@wsj.com

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