THE Ideal Home Expo being held over these four days is a perfect opportunity for furniture manufacturers and tenders to show their range of products to consumers.
It also gives them the chance to secure potential sales and expand in the market.
In Hongkong, our industry is closely linked with the property market.
This is reflected by the state of business in the past year when we saw setbacks due to the Government's control over mortgage packages offered by banks.
In recent years, we have seen many manufacturers and retailers set up their factories in China. This has resulted in an increase in production and direct selling practices.
To cope with this, more stores have been opened in Hongkong. If this trend continues, there will be a crisis by 1995.
We need to explore other markets besides the limited Hongkong market.
