The last two years have seen the continued adoption and creation of flexible workspaces across Southeast Asia at a seemingly unstoppable rate. Currently 5% of the regions office space portfolio is made up of coworking spaces, however CB Insights estimates this to grow to 15% by 2030. Going hand-in-hand, Cushman & Wakefield expect the demand for these spaces to grow at a 10-15% annual clip. In fact, a report by Instant Offices suggests that in 2018 the flexible workspace market in the region is the fastest growing in the world, being home to 6 out of 10 of the largest markets for flexible office space.
With Singapore’s emergence as a ‘Key International Business Centre’ and ‘Asia’s Regional Business Hub’, the growth of business enterprises has never been greater. One of the prerequisites for expanding business in Singapore is that it ought to have a registered office address.
Coworking is simply putting your pants on, grabbing your laptop, leaving the procrastination‐hole you call your home‐office behind and proceeding onward to a proactive environment. It's where you are encompassed by individuals, Wi‐Fi, and coffee. It's where you get propelled by the mere presence of efficiency and your social network is real! It’s teaching, learning, and sharing. In brief, it's where ideas go to grow and dreams go to become reality.
Coworking is a modern working style that first begun in Malaysia around 2010 - but only from 2016 onwards is the concept getting popular among local people and of course foreigners in Malaysia. It has been relentlessly developing in recent years with the amount of coworking spaces in Kuala Lumpur multiplying every single year. The shared workplace turned out to be alluring to work-at-home experts, self-employed entities, freelancers, and even conglomerates - Petronas has signed up for office spaces with Common Ground.
It’s no secret anymore that this is an Asian century. Singapore is one of the emerging economic countries, attracting companies from all over the world to take advantage of its high productivity, skilled manpower, and booming infrastructure.
Hello, Founders! Are you a foreigner needing to set up an organization or expanding one in Malaysia to catch the ASEAN market? Use this post as a guideline so you can take advantage of Malaysia's potential as a key market hub in the region.
With such huge numbers of beautiful event spaces in Kuala Lumpur, it is difficult to limit your decisions to just a single one - the one where you will celebrate your birthday this year. Fortunately, we've done the legwork for you and arranged a rundown of some of the best venues that can provide the optimal scene for your upcoming party. It is surely will be a real treat for everybody.
The demand for flexible office spaces in the Philippines has exhibited strong growth in the last 5 years - and this isn't purely driven by startups and freelancers. In fact, an increasing number of big companies and MNCs are now looking for more flexible, short-term offices for rent rather than the more traditional options. Why?