Scenarios in the Philippine Printing and Publishing Industry and Implications for Government Promotion of Small and Medium-Scale Enterprises
The printing and publishing industry in the Philippines is not unlike other industries in the manufacturing sector currently affected by economic factors as a consequence of government policies - - such as interest rates on short and long-term loans and foreign exchange rates. Still others are adversely disadvantaged by conditions of fragmentation among smaller firms resulting in diseconomies of scale.
This article looks at the situations of large and small printers and publishers and analyses their more serious problems, particularly financing. Long-term prospects for growth and for exports are positive developments as demand for printing and publishing services grows with the growing economy.