New Market Report Now Available: Consumer Electronics in the Philippines
Consumer electronics recorded a better performance in 2011 than during 2010. The industry benefited from the rising spending of middle class Filipinos, a consumer group which accounts for a growing proportion of the country's population due to the rise of dual income households, the booming business process outsourcing industry and higher remittances from overseas Filipino workers. The widespread presence of low-priced brands and flexible payment options also assisted in generating higher...
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