Asean integration to benefit PH printing industry

The Philippine printing industry can take advantage of the Association of Southeast Asian Nations (Asean) economic integration with the regional bloc’s members now looking at more trade in this field, thanks to lower tariffs, capital restrictions, and entry barriers in the region, a Board of Investments (BOI) official said on Tuesday.

“Within Asean, we have an economic integration in full swing. As home to some of the fastest-growing economies in the world today, there exists a potentially lucrative market opportunity for printing companies” in light of Southeast Asia’s 600 million predominantly young population, BOI Governor Napoleon Concepcion said in a speech at the Asean Printing Forum at the City of Dreams Manila’s Crown Towers Manila hotel in Parañaque City.