New Market Study Published: Consumer Electronics in the Philippines
The Philippine economy grew by 7% in 2012, surpassing market, government and financial institutions' expectations. This better-than-expected outcome can be attributed to high government spending and strong performances from trade, real estate, manufacturing and construction. With higher consumer confidence, Filipinos were more willing to spend on consumer electronics, buying new products to upgrade or for first-time ownership. As a result, in 2012, consumer electronics posted stable volume...
View full press release