Furniture exporters fear losing markets
June 30th, 2006The emergence of new suppliers of furniture in the world threatens the market share of Filipino furniture exporters, an industry official said.
Vietnam has overtaken the Philippines as a furniture supplier to the world market, said
Michael Basubas, president of the Cebu Furniture Industry Foundation.
“In 2000, Vietnam was behind us. Now, they’re ahead of us,†Basubas said.