Furniture industry faces tougher market from AEC

An official from the country’s furniture and handicraft industry said industry players are bound to face tougher market conditions when the economies of the Southeast Asian region integrate two years from now.

Christina Gaston, chairman of the Cebu Furniture Industries Foundation, told The Manila Times that when the Asean Economic Community (AEC) comes into force by 2015, the trade barriers currently in place are likely to be torn down within the region.