Japan eyes PH, SE Asia for relocation of industries

**timrev** · September 20th, 2012 02:19 PM

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** · September 20th, 2012 02:29 PM

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** · September 20th, 2012 02:33 PM

good luck na lang sa electric bills nila

**yebo** · September 20th, 2012 02:37 PM

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** · September 20th, 2012 02:40 PM

Originally Posted by kinyo

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** · September 20th, 2012 02:42 PM

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** · September 20th, 2012 02:43 PM

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_** · September 20th, 2012 02:43 PM

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

at ibaba ang presyo nang kuryente!

**timrev** · September 20th, 2012 03:05 PM

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

Ayala Land withdraws P6-B Negros project

**pop3corn** · September 20th, 2012 03:29 PM

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