MANILA, Philippines – One might ask: At a time when the world’s superpower has raised its debt ceiling and Europe is faced with a debt crisis, is the Philippine jewelry industry still relevant? Entrepreneurs and leaders of the Philippine export jewelry industry are saying, yes, and now more than ever. The country, which has always…
Jewelry and housewares exporters have downsized their workforce by as much as 60 percent and reduced prices by whopping 50 percent to cope with the impact of the global economic woes, a survey revealed.