Pest Analysis

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PEST POLITICAL ECONOMIC Over the years, the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004, the Philippine economy grew by 6.1% surprising everyone. In 2005, the Philippine peso appreciated by 6%, the fastest in the Asian region for that year. At present, the administration is meeting its expected target growth and is continually looking positive for the future. With its tropical climate, heavy rainfall, and naturally fertile soil, the Philippines is predominantly agricultural.…show more content…
Today, wine is synonymous with culture and a convivial lifestyle around the world, complementing food, entertainment and the arts. Wine plays a major role in the economies of many nations, which produce more than 26 billion liters of wine annually. Modern winemakers supply a wide variety of wines year round independent of location and time of consumption. Fierce competition for market share has led to increased diversity and innovation within the wine industry, much to the benefit of the consumer. A look at the early days of winemaking makes it obvious that while different techniques produced varied styles of wine, the basic principles changed very little. During the last 150 years or so, however, the scientific basis of winemaking has gradually become clearer, and many practices once thought impossible have now become routine. The fundamental innovations in winemaking practices revolutionized the wine industry, and today the forces of market-pull and technology-push continue to challenge the tension between tradition and innovation. There will continue to be further improvements in winemaking by refining viticultural and oenological practices. These factors will remain important to the improvement of the overall quality and endless variety of wine. But today there is a new, and for the

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