Results 21 to 28 of 28
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Why so butthurt?
- Join Date
- Oct 2008
- Posts
- 1,093
September 26th, 2012 05:08 PM #21High cost of power + government numbskulls + anarchistic labor culture
Not surprising, indeed.
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September 26th, 2012 05:26 PM #22
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Tsikot Member Rank 3
- Join Date
- Oct 2002
- Posts
- 1,271
September 30th, 2012 12:47 AM #23Japanese manufacturers move to Philippines
the move is not from China to PH...but still a good news
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September 30th, 2012 12:46 PM #24
Automotive... Definitely not worth it. But electronics and subcomponents can be done here, because our technical labor skills and e lower cost of shipping small items make it worthwhile.
We have been a local hub for semiconductors and electronics for the past decade... And other manufacturers who require precision work have moved here... like Bandai...
But wholesale assembly of big, heavy items like cars... Doesn't work. Not easily. Cars MUST be built where shipping costs to other markets are favorable or where the local market is robust enoug to absorb production. The Philippines just isn't that place.
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September 30th, 2012 03:17 PM #25
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September 30th, 2012 06:30 PM #26
1b yen equals $13m.
The loss of Ford means we've lost a manufacturer who spent 39 BILLION yen in capital on their plant.
The 16.5 billion yen in new investments stated in the article for the year is less than the cost of one of ford's plants in Thailand. And it has several.
Wondering at the 2m yen investment by one of the printer companies... That's just a million pesos or so. What did they buy with that? A printing and cutting machine for cartridge packaging?Last edited by niky; September 30th, 2012 at 06:35 PM.
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October 4th, 2012 04:28 PM #27
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October 4th, 2012 04:42 PM #28
For minimum/daily wage earners, sayang yung extra day. Last night in the news there was one would...
Traffic!