Colombia is the third largest populated country in Latin America (48.7 million inhabitants) and 75% of its population is defined as urban.
Recovering oil prices and infrastructure investment, along with improved private consumption growth, will help to lift GDP growth to 2.5% in 2018 and to an average of 3.3% in 2019-22, with expansion driven mostly by domestic demand. GDP per capita in 2017 was estimated at US$14,418.
MARKET TRENDS
Despite its potential as a timber producer, Colombia has not developed its wooden furniture industry. China has been decreasing its market share but still dominates the wooden furniture import market in three categories; dining tables, upholstered wooden frame seats, and non - upholstered wood frame seats. Brazil has displaced China as the dominant supplier of wooden bedroom furniture, whereas Italy has maintained its position as the top supplier of wooden kitchen furniture.
Malaysia is competing in five of the six furniture categories:
Wooden Dining Tables Furniture (ranked as the 8th largest supplier and holding 3.0% of import market share),
Denne historien er fra November 2018-utgaven av SME Magazine Singapore.
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Denne historien er fra November 2018-utgaven av SME Magazine Singapore.
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Cloud- Driven Recovery
With digital transformation being an important catalyst for Malaysia’s inclusive economic recovery, cloud computing plays an important role that enables . the country to acquire the advantages that technology offers.
Live Werkz: Venturing Beyond Southeast Asia
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Singapore's Go Digital Well Received
More than 78,000 of Singapore’s SMEs have participated in the country’s Go Digital programme since its 2017 launch, with more about 40,000 becoming participants last year, including 30,000 that received Covid-19 incentives from the government.
Accountants And SMEs: Creating A Sustainable World
For SME finance professionals, ‘sustainability’ is about achieving longevity. However, there is a confusion over different definitions of sustainability. They recognise the growing importance of tackling sustainability issues but lack the understanding of how doing this can be integrated into day-to-day practices within the finance function.
Rebuilding Our Mental Well-Being In Sales
Sue Barrett is a writer, training provider and entrepreneur who founded Barrett in 1995 to positively transform the culture, capability and continuous learning of leaders, teams and businesses.
Omicron: A Test Of Resilence
Global manufacturers have been facing a supply chain crisis since the start of the year. Just as it appeared that the situation was beginning to stabilise, the Omicron Covid variant reared its ugly head.
Silver Lining In The Cloud
Although RAS Security Pte Ltd’s business was adversely affected by the pandemic, there’s a silver lining in the cloud. The occurrence has necessitated the company to innovate its business model to remain viable and led to the discovery of new areas of security service provision. Managing director Tejdeep Singh shares his journey.
Accelerating Artificial Intelligence
Singapore is introducing two new public artificial intelligence (AI) programmes as part of the strategy to use technology for social and economic good, involving a total allocation of S$680 million to accelerate AI research. The latest initiatives require a funding of S$180 million.
Three Tips For Hiring Top Talents
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The Economy Is Recovering, But What About People?
All signs are pointing towards a speedy recovery. Contrary to what this writer initially predicted, the economy seems to be genuinely recovering.
