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Article: PHILIPPINES FURNITURE EXPORTERS URGED TO BROADEN MARKET.
- Article from:
- AsiaPulse News
- Article date:
- December 26, 2000
CopyrightCOPYRIGHT 2000 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CEBU CITY, Dec 26 Asia Pulse - The furniture industry in Philippines province of Cebu must develop new markets aside from the United States, said director of the Asian Institute of Management's Center for Entrepreneurship Ronald Chua.
He told industry players that they need to break into and develop new markets to avoid the negative effects of the slowing down of the US furniture industry.
During the recent workshop on strategic planning of the home furnishing cluster at Waterfront Cebu City Hotel and Casino, Enrique Flores, proprietor of Tucan Designs, had warned that the US furniture industry would slow down by 1.5 percent to 5.0 percent next year as ...