Japan eyes PH, SE Asia for relocation of industries

[timrev]

Japan eyes PH, SE Asia for relocation of industries

By Louella D. Desiderio, The Philippine Star
Posted at 09/20/2012 9:02 AM | Updated as of 09/20/2012 9:02 AM

MANILA, Philippines - Japanese firms are likely to relocate to other countries in Southeast Asia including the Philippines should tensions between China and Japan persist, the Japanese Chamber of Commerce and Industry of the Philippines, Inc. (JCCIPI) said.

“If the political issue in China will continue, it will push Japanese firms there to relocate to other countries. Many may want to relocate in Southeast Asia. Japanese investors may want to relocate here,” JCCIPI vice president and executive director Nobuo Fujii said in a telephone interview yesterday.

He said it would be difficult to give a number as to how many companies would move at this point though.
He also said it is hard to tell how long the tensions between the two countries would last.
“The issue may last for one month, two months or may take longer. It may not easily be resolved,” he said.

Protests against Japanese missions as well as shops, restaurants and car dealerships erupted in China over Japan’s move to purchase an island also claimed by Beijing.

The anti-Japan sentiment was even heightened by the anniversary of Japan’s 1931 occupation of parts of China on Tuesday.
Japanese businesses in China such as car manufacturers Toyota and Honda announced factory shutdowns amid the angry protests.
Fujii said that even prior to the violent demonstrations, some Japanese firms were already looking at the Philippines given the rising labor costs in China.

"The Philippines is seen to be an alternative given manpower costs and the quality of labor,” he said.

As compared to other Southeast Asian countries, he said Filipino workers also have an advantage in terms of the ability to speak the English language well.

He said earlier that many Japanese firms are setting up facilities in the Philippines given the availability of labor.
Among the Japanese firms that have made investments to the country recently are Canon and Brother Industries Ltd., both of which printers in their new facilities in Batangas.

Japan eyes PH, SE Asia for relocation of industries | ABS-CBN News

[CVT]

Fujii said that even prior to the violent demonstrations, some Japanese firms were already looking at the Philippines given the rising labor costs in China.

"The Philippines is seen to be an alternative given manpower costs and the quality of labor,” he said.

As compared to other Southeast Asian countries, he said Filipino workers also have an advantage in terms of the ability to speak the English language well.

Ang tagal ko nang naririnig iyan.....

Ang tagal,- dalhin na rito ang mga iyan!!!....

16.9K:spam:

[kinyo]

good luck na lang sa electric bills nila

[yebo]

ang problema yung constitutional provision na 40% should be filipino owned. dapat alisin na yun, dapat pwede na 100% foreign owned. basta huwag lang sila makabili ng land ok na para di naman makikipag-compete ang poor pinoy for land at for sure tataas ang real estate.

[CVT]

good luck na lang sa electric bills nila

E di, special rate para sa kanila,- puwede namang gawin iyan ng gobyerno kung gugustuhin nila....

16.9K:spam:

[uls]

Japan eyes PH, SE Asia for relocation of industries

then they'll discover why other foreign companies left the PH in the first place hehe

[timrev]

ot lang:

on related
British aerospace firm invests P2B in PH

BS-CBNnews.com
Posted at 09/17/2012 8:03 PM | Updated as of 09/17/2012 8:03 PM

MANILA, Philippines - The Philippine unit of British firm B/E Aerospace is investing around P2 billion to manufacture aircraft galleys at the First Philippine Industrial Park in Batangas.

Philippine Economic Zone Authority (PEZA) director-general Lilia de Lima said the project will start in 2013, but the groundbreaking for the facility is scheduled for the first week of October.

De Lima said the project is significant since B/E Aerospace supplies the world's aircraft manufacturers.

B/E Aerospace is the world's leading provider of interior products and solutions and distributor of aerospace fasteners and consumables for commercial, business jet and military markets.

De Lima said the British company is making a P700 million investment in addition to the initial investment of over P1 billion.
The project is expected to generate around 143 jobs.

http://www.abs-cbnnews.com/business/...invests-p2b-ph

[_Qwerty_]

dapat tanggalin ang red tape sa gobyerno! padalain ang processing..

at ibaba ang presyo nang kuryente!

[timrev]

tama mabagal ang process sa pagpapatayo ng business dami kasi red tape...like yun

Ayala Land withdraws P6-B Negros project

[pop3corn]

Wag na nila relocate industries dito, Lalo Lang magma mahal dito. Mas maganda na yun status ngaun, malaki ang disparity ng mahirap at mayaman. Abilidad Lang yayaman ka na, kasi lahat ng tao dito reklamador at negative, kaya walang asenso. Best environment for some of us

Sent from my iPad using Tapatalk

[timrev]

sana matuloy nga yan...darami ang trabaho kung sakali...

[uls]

also labor union

[1D4LV]

ang problema yung constitutional provision na 40% should be filipino owned. dapat alisin na yun, dapat pwede na 100% foreign owned. basta huwag lang sila makabili ng land ok na para di naman makikipag-compete ang poor pinoy for land at for sure tataas ang real estate.

imho bro, ganito din naman ata sa china.... di ata pwede fully owned ng foreign company... dapat may ka-JV.

[yebo]

imho bro, ganito din naman ata sa china.... di ata pwede fully owned ng foreign company... dapat may ka-JV.

ang problema e walang 40% ang pinoy, sa china meron kahit 100% kaya nila maipasok lang ang technology. dami mga factories na hindi matuloy sa pinas kasi walang mahanap na ka-JV yung mga foreign businesses. kahit nga mga foreign funded na grants na government projects nakabinbin kasi walang counterpart funds ang gobyerno.

[jon777]

ang problema e walang 40% ang pinoy, sa china meron kahit 100% kaya nila maipasok lang ang technology. dami mga factories na hindi matuloy sa pinas kasi walang mahanap na ka-JV yung mga foreign businesses. kahit nga mga foreign funded na grants na government projects nakabinbin kasi walang counterpart funds ang gobyerno.

In general, pwede mag invest 100% foreign ownership so long as they fullfill certain criterias. Examples would be:

1. Industries/sectors not vital to national security
Primary example dito telecommunications. Bawal ang more than 40% foreign ownership sa telecoms. Kaya nga inuusisa ang PLDT ngayon.

2. 100% of products produce would be exported overseas

3. Kelangan ang paid up capital is more than $200,000.

4. Of course, bawal mag retail ang mga foreigners.... Like yung sa mga 168 malls, bawal yan dahil may ari talaga chinese nationals pero may mga Pinoy fronts sila.....

5. Bawal ang 100% sa Mining industry.....

Meron pang ibang criteria but i could not remember the rest.. pinag aralan ko ito dahil we were supposed to partner with a foreign group pero di natuloy dahil sa management issues... Nasa Foreign Investment Act of 1991 ito....

yung Hanjin shipbuilding sa Subic ang laki laki ng investment nila kaya more than 90% korean owned ito...

[Monseratto]

Parang wala ata naniniwala sa press release...

[Syuryuken]

pangarap ka na lang ba............

[hein]

SIMPLE TEST: Fix your Floods and Lower Electric Prices.

Kaya ba ng Pilipinas?

[timrev]

SIMPLE TEST: Fix your Floods and Lower Electric Prices.

Kaya ba ng Pilipinas?

di naman ata binabaha yun mga industrial park natin dito pinas yun lang napakamahal nga ng koryente dito + red tape + mabagal ang process ng permits...

sana kasi approve ng goverment yun mga nakapilang magpagawa ng hyroelectric power plant dito pinas...

[oliver1013]

Kaso kahit gusto ng nasa itaas, yung mga kumag na nasa baba like sa LGU, pasakit na..laging may delay a ganito sa ganyan..ang daming eepal