By Jessica Annde D. Hermosa, BusinessWorld | 09/01/2009 12:20 AM MANILA - The global economic downturn has not spared the domestic book industry, hitting sales and investment plans and limiting the production of new titles, industry officials said. Limits posed by the local market are also to blame for the industry’s laggard performance, they added. But a plan to award grants to authors and recommendations to focus on foreign markets and improve the education system could pull the sector out of its rut, National Book Development Board officials said. "This year, there are almost no expansions except for a few stores in the new malls. Companies are focusing on training and retooling to prepare for the recovery," Jose Paolo M. Sibal, Philippine Book Sellers Association president, said in a telephone interview on Friday. Publishers, likewise, have hesitated from growing their businesses with only one firm availing of incentives to import more printing equipment this year,...