Lebanese economic growth starts with you: The power of choosing local products

News Bulletin Reports
2023-12-24 | 11:06
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Lebanese economic growth starts with you: The power of choosing local products
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
Lebanese economic growth starts with you: The power of choosing local products

In a collection of imported goods and another one of the same items but 100% Lebanese-made, which one is better?

The first point to consider is the quality, knowing that many Lebanese products rival foreign brands. The second point is the price.

However, which should be chosen if the price of the Lebanese and foreign products is the same?

Let's examine each case:

When buying a foreign product:

   - We are paying for the raw materials, all of which are imported.
   - The cost of labor and other expenses also goes abroad.
   - The profit from the purchase goes to the merchant or the Lebanese importer.

However, when buying a Lebanese product:

   - Part of the raw materials may come from abroad.
   - But the cost of labor and other operational costs remain in the country.
   - The profit goes to the Lebanese factory, helping it grow and create more job opportunities.

Therefore, remember that every time you buy a product made in Lebanon, you contribute to keeping a more significant portion of the money in the country, supporting local factories and the families they employ.

Breaking Headlines

Lebanon News

News Bulletin Reports

Lebanon

Lebanese

Products

LBCI Next
A tale of hope: Christmas amid sadness in Palestine
Tactics and escalations: US diplomatic proposals and ground realities between Hezbollah and Israel
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More