Young workforce fuels co-working space demand in Philippines
The Philippines’ young labor force is helping increase demand for co-working spaces in the country, according to flexible office provider Regus.
Lars Wittig, country manager for Regus Philippines, said the country has one of the youngest populations in Southeast Asia, with an average age of 23.7 compared to Malaysia’s 27 and Thailand’s 37.
Wittig said Regus currently has 7,500 workstations across 30 locations in the country. He added that co-working space providers are looking at the changing regulations in China, which are likely to affect demand for office space in outsourcing destinations such as the Philippines.
Related news
- Bulacan soon to have 12-hectare cyberpark, business district · 17 Jun
- Philippine office market expected to sustain growth this year · 13 Jun
- Datamatics one of world’s best outsourcing providers · 12 Jun
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
