The global market for micro servers is observing massive call for competent computing goods, which has obliged market players to upturn their concentration on product invention and development of the current assortment. Mergers, acquisit…
BMI View: Robust private consumption and a booming construction sector will translate into growing
demand for both passenger vehicles and commercial vehicles. We therefore forecast growth of 23.6% in
vehicle sales in 2016, reaching 356,758 units sold by year end.
? Robust domestic demand, which is driving economic growth, will bode well for vehicle sales.
? Low inflation and greater access to credit will benefit consumer spending.
? Strong remittance inflows will support private consumption.
? A booming construction sector, supported by a large PPP pipeline, robust property market and stable
monetary policy, will drive growth in the commercial vehicle segment.
? Approval of Mitsubishi Motors Philippines Corporation and Toyota Motors Philippines
Corporation as participating carmakers in governments CARS Program will boost domestic passenger