Specialist Pawn Shops

Specialist Pawn Shops
Gaming & Play

It's been well-popularized that Filipinos have an uncanny quality of hospitality built into them. The other side of this is a social culture that pressures for mandatory celebration regardless of...

Jason Tan
  • 11 april 2006

It’s been well-popularized that Filipinos have an uncanny quality of hospitality built into them. The other side of this is a social culture that pressures for mandatory celebration regardless of economic conditions. A Filipino is simply expected to throw a party for all sorts of occassions, which include all Christian holidays, national holidays, greeting card holidays, graduations and birthdays. This compels the average Filipino to frequently sink into debt in order to maintain the festivities. This debt is compounded by the fact that traditionally, only one member of the family is expected to make income for the entire lot. That is why in this country, pawn shop franchises sprout up at a much greater rate  than Startbucks.

Access this article for free
Fill in your email below and you'll gain access to this article while also receiving a number of membership features as part of a special 30-day trial.
*Already a member? Log in here

Learn About Our Membership Services

Need Research Help?
As a member you can ask us any research questions and get complimentary research assistance with a 4-day turnaround. Reports inclde stats, quotes, and best-inclass examples on research topics.
Remain Informed & Strategic
We publish several trends reports each month. By becoming a member you will have access to over 100 existing reports, plus a growing catalog of deep topical analysis and debrief-style reports so you always remain in the know.
See Trends Come To Life
Meet your peers and immerse yourself in monthly trend and innovation webinars and discounted conferences.
No search results found.