+ Follow MARTIN WEBBER Tag
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[ArticleID] => 95534
[Title] => Local firms urged to reposition products
[Summary] => Filipino exporters have a fair grasp of their markets. Thats the good news. But the fact that they are fighting it out in the commodity market where the cheapest goods often win makes them highly vulnerable to products made by labor-cheap rivals.
Whole industries must now reposition themselves to hit new niches and custom-build their strategies around that vision. At this point in time, cheap labor, a devalued peso, abundant local raw materials and other basic advantages common in third world economies are no longer enough to sustain growth.
[DatePublished] => 2001-06-20 00:00:00
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[SectionName] => Business
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[ArticleID] => 97436
[Title] => Local firms urged to reposition products
[Summary] => Filipino exporters have a fair grasp of their markets. That’s the good news. But the fact that they are fighting it out in the commodity market where the cheapest goods often win makes them highly vulnerable to products made by labor-cheap rivals.
Whole industries must now reposition themselves to hit new niches and custom-build their strategies around that vision. At this point in time, cheap labor, a devalued peso, abundant local raw materials and other basic advantages common in third world economies are no longer enough to sustain growth.
[DatePublished] => 2001-06-19 00:00:00
[ColumnID] => 133272
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MARTIN WEBBER
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[ArticleID] => 95534
[Title] => Local firms urged to reposition products
[Summary] => Filipino exporters have a fair grasp of their markets. Thats the good news. But the fact that they are fighting it out in the commodity market where the cheapest goods often win makes them highly vulnerable to products made by labor-cheap rivals.
Whole industries must now reposition themselves to hit new niches and custom-build their strategies around that vision. At this point in time, cheap labor, a devalued peso, abundant local raw materials and other basic advantages common in third world economies are no longer enough to sustain growth.
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[ArticleID] => 97436
[Title] => Local firms urged to reposition products
[Summary] => Filipino exporters have a fair grasp of their markets. That’s the good news. But the fact that they are fighting it out in the commodity market where the cheapest goods often win makes them highly vulnerable to products made by labor-cheap rivals.
Whole industries must now reposition themselves to hit new niches and custom-build their strategies around that vision. At this point in time, cheap labor, a devalued peso, abundant local raw materials and other basic advantages common in third world economies are no longer enough to sustain growth.
[DatePublished] => 2001-06-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
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abtest