20-30% growth seen in co-working spaces in 2018

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Asean Affairs January 8, 2018

20-30% growth seen in co-working spaces in 2018

Workspace solutions provider Regus Philippines is projecting around 20 percent to 30 percent growth in co-working spaces this year driven by the country's young workforce and growing small, medium enterprises (SMEs).

"The industry of co-working, flexible work spaces is going to grow by 20-30 percent," Lars Wittig, country manager for Regus Philippines, said in a press conference on Friday.

Wittig said that currently, only one to two percent of office inventories are for flexible or co-working spaces.

"The Philippines is an emerging economy, like the Philippines, 85 percent it is driven by the SMEs... also you have a young population which are educated, English-speaking, and very tech savvy," he said.

"I'm very optimistic because economies are doing very well," he added.

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This year in Thailand-what next?

AseanAffairs 04 January 2011
By David Swartzentruber

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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