BPOs, e-commerce to boost PH logistics market

AFTER putting the Philippines on the world map, giving impetus to the mushrooming of office buildings even outside the capital city, and enlivening a consumption-driven retail industry, this time, Business Process Outsourcing (BPO), with an active e-commerce, may soon prop up the country’s logistics industry.

“Logistics should be one of the most exciting spaces for investment, Colliers anticipates, as capital—once almost exclusively local—starts to cross borders in greater volume,” property consultant Colliers International said in its global outlook for 2016. “Business process outsourcing has put the Philippines on the map, resulting in large demand for purpose-built facilities there.”