This is a good news for Filipinos out there. With 200 companies coming to the Philippines, many jobless people will be happy. Most of these companies are in China. Japan realized that Filipinos are hard working people and better than Chinese who could not even speak English. I have a friend who worked in a manufacturing company in the Philippines and he said that their company branch in China was closed because of product output quality. He said that out of ten product items only four passed the quality control inspection while in their branch in Cebu only two most of the time were rejected.
Adding more companies in the Philippines will help alleviate its economy. This will also lessen the Filipinos migration to other country to look for job if there are many jobs available in the Philippines. Micro-businesses will also prosper that will cause domino effects.
Here is the news from The Philippines Pride:
Japan is making sure that the bully will pay its due when time comes. The world is losing interest in China. The recent announcement of Microsoft to close its two factories and transfer to Vietnam could cost 9,000 Chinese jobs. The same thing can be devastating in the years to come as Japan announces moving at least 200 factories from China to the Philippines.
According to South China Morning Post, six Japanese and Taiwanese companies turned down China and preferred Philippines for their next factory locations.
“Japan’s biggest printer maker and electronics giant Epson has no plan to expand its production plant in China due to increasing labor cost and deteriorating quality”, Epson Philippines country manager Toshimitsu Tanaka told reporter. Epson is currently building its biggest manufacturing facility in its current site in Batangas. The completed factory will be Epson’s biggest ever with 10 hectares of total floor area. The facility will likely to operate next year according to Tanaka.
Based on the statement released by Nobuo Fuiji, head of the Japanese Chamber of Commerce and Industry of the Philippines Inc., since last year there are some Japanese firms started moving their operation in the Philippines. They believe that Philippines is a growing country and it is competitive enough to cater big investments from them, according to PhilStar.
Japan announced last week that it is seeking permission from the Philippine government to use the country’s military bases to support US military pivot forces. The details are not yet clear but a possible agreement between the concerned parties can be done sooner or later according to a PH military spokesperson.
Japanese bicycle maker Shimano has just opened a P1.2B facility in Batangas, and dozens more factories are likely to follow according to the Japanese Embassy.
Mitsubishi Power Industries is another giant who is scheduled to move to Philippines according to latest news.
Japanese watchmaker Citizen also shut down its China factories and the fate has yet to be decided whether it will move to the Philippines or Vietnam.
Another 300 Chinese workers lost their job after electronic giant Panasonic closed one of its Chinese factories.
Both the Philippine business sector and the government is expecting a stronger democratic and economic ties with Japan amid growing Spratly tensions. Both countries, including Vietnam share the same views against China’s illegal land-grabbing activities in South China Sea.
Adding more companies in the Philippines will help alleviate its economy. This will also lessen the Filipinos migration to other country to look for job if there are many jobs available in the Philippines. Micro-businesses will also prosper that will cause domino effects.
Here is the news from The Philippines Pride:
Japan is making sure that the bully will pay its due when time comes. The world is losing interest in China. The recent announcement of Microsoft to close its two factories and transfer to Vietnam could cost 9,000 Chinese jobs. The same thing can be devastating in the years to come as Japan announces moving at least 200 factories from China to the Philippines.
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| Electronics Factory |
According to South China Morning Post, six Japanese and Taiwanese companies turned down China and preferred Philippines for their next factory locations.
“Japan’s biggest printer maker and electronics giant Epson has no plan to expand its production plant in China due to increasing labor cost and deteriorating quality”, Epson Philippines country manager Toshimitsu Tanaka told reporter. Epson is currently building its biggest manufacturing facility in its current site in Batangas. The completed factory will be Epson’s biggest ever with 10 hectares of total floor area. The facility will likely to operate next year according to Tanaka.
Based on the statement released by Nobuo Fuiji, head of the Japanese Chamber of Commerce and Industry of the Philippines Inc., since last year there are some Japanese firms started moving their operation in the Philippines. They believe that Philippines is a growing country and it is competitive enough to cater big investments from them, according to PhilStar.
Japan announced last week that it is seeking permission from the Philippine government to use the country’s military bases to support US military pivot forces. The details are not yet clear but a possible agreement between the concerned parties can be done sooner or later according to a PH military spokesperson.
Japanese bicycle maker Shimano has just opened a P1.2B facility in Batangas, and dozens more factories are likely to follow according to the Japanese Embassy.
Mitsubishi Power Industries is another giant who is scheduled to move to Philippines according to latest news.
Japanese watchmaker Citizen also shut down its China factories and the fate has yet to be decided whether it will move to the Philippines or Vietnam.
Another 300 Chinese workers lost their job after electronic giant Panasonic closed one of its Chinese factories.
Both the Philippine business sector and the government is expecting a stronger democratic and economic ties with Japan amid growing Spratly tensions. Both countries, including Vietnam share the same views against China’s illegal land-grabbing activities in South China Sea.
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