SUPER Green Lane (SGL) importers expect another strong performance this year due to strong regional and local demand for their products.

Business prospects are particularly positive in the first quarter, thanks to the coming 2010 national elections which are seen to perk up local demand and increase the public’s purchasing power, SGL importers association president Jimsy Macawile told PortCalls.

“We are looking at a 100-120% volume and sales growth within the first quarter of the year compared to our anemic figures in the same period last year,” Macawile said.

Among products in strong demand are electronics and home appliances.

You May Also Like

PMTLAI, BDO agreement supports logistics industry’s e-payment initiatives

The Philippine Multimodal Transport and Logistics Association Inc. (PMTLAI) recently signed a memorandum of agreement with BDO Unibank. Under the MOA, BDO will support…

De Ocampo is new PUC president

Port Users Confederation (PUC) president Dominador de Guzman has retired and turned over his seat after five years at the helm of the organization.…

FedEx launches $80-M regional cargo hub in Singapore

American air cargo transportation company FedEx Express opened on October 3 a new SGD97 million (US$78.9 million) hub in Singapore that consolidates and boosts its…

Panalpina expands warehousing footprint in Singapore

Supply chain company Panalpina is constructing a new warehousing facility in Singapore, its largest such investment outside of Europe, as the logistics firm moves…