The Asia Business Monitor (ABM) 2010, the yearly survey undertaken by courier firm UPS, indicated that a huge 48 percent of Philippine SMEs would rather go into the IT sector to look for new business opportunities
In comparison, 39 percent of local SMEs picked the manufacturing sector and only 27 percent said they prefer business services.
All in all, Filipino SMEs are the most bullish about the opportunities in their own country compared to other Asian SMEs, with 85 percent of local SME leaders seeing more opportunities for themselves in the country in 2010 compared with last year, according to the survey findings.
Read more at NewsBytes Philippines
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