Servcorp banks on strong virtual office growth in Asia

An increasing number of businesses are looking to Asia for growth. And a lot of them are using so-called virtual offices to test the waters.

A basic set-up for a virtual office gives a company a business address and a phone line with a remote receptionist, without the need to rent a space.

That helps reduce operating costs for a company testing a new market.

Australia-based Servcorp provides virtual offices. Its chief operating officer, Marcus Moufarrige, explains why they're expecting business to pick up in the region.