5 months Shortage in IT-BPM office space supply looms MB |Biz
By Bernie Cahiles-Magkilat A shortage in the supply of office space for IT-business process management (IT-BPM) companies located in Metro Manila looms following Malacañang Administrative Order No. 18, which imposed a moratorium on the approval of IT-BPM ecozone projects in the metropolis, affecting the fate of 22 IT Centers and Parks projects with combined investments of P34.238 billion. As this developed, Trade and Industry Secretary Ramon M. Lopez said he strongly supports President Duterte’s Administrative Order No. 18 as he urged IT-BPO companies to just follow the Malacañang order because the policy of the government is to disperse industries ... more