GLOBAL real estate management firm Colliers said that some recently released government data and certain initiatives are expected to fuel property demand in several sectors.

These are the House of Representatives' approval on second reading of the proposed Internet Transactions Act, The Department of Tourism (DOT) expecting foreign arrivals to reach 4.8 million in 2023, and the implementation of Fiscal Incentives Review Board Resolution 026- 22 allowing IT-BPM (information technology-business process management) registered business enterprises to adopt up to 100 percent work-from-home (WFH) arrangement under the Board of Investments.

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