Japan announced that more than 200 of its manufacturing companies operating in China and Japan have expressed interest to relocate their businesses in the Philippines in the next five years starting next year.
According to Japanese Chamber of Commerce and Industry of the Philippines Inc. headed by Nobuo Fujii saying some of the firms had already started moving their operations here last year because the Philippines is a very competitive country.
“There are already 1650 Japanese companies located here. We have many inquiries from Japanese firms and we still receive inquiries up to now, which can increase by 200 up to 300 easily,” he said.
Fujii said that most of the companies relocated here from China were engaged in information technology (IT) while some others in automotive and parts manufacturing like the Japanese bicycle maker Shimano has just opened a P1.2B facility in Batangas.
Japanese watchmaker Citizen also shut down its China factories and decided to move in the Philippines and the Mitsubishi Power Industries is another giant who is scheduled also to move in the Philippines according to the latest news.
Fujii also said that some of the firms expressed interest in locating their operations in the Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) area.
He said, “Philippine investment program and tax incentives are given to foreign investors particularly those offered by PEZA (Philippine Economic Zone Authority) and BOI (Board of Investments),is also the reasons why more of its Japanese companies were establishing their business presence here.”
Fujii added, that China’s rising wages also prompted some firms to move their production here and a competitive advantage of the Philippines, including its well-educated English-speaking workforce and good quality infrastructure, is also the main key.
The three factors that could have triggered this actions are: Island grabbing and illegal reclaiming of territories in the South China Sea, China’s slowing economy and the devaluation of their currency. On the other hand, Philippine economy can maintain its stability that’s why it needs to prepare for the biggest migration.– Jason E.
salamat at may panibagong trabaho na papasok sa pilipinas, wag lang sasabihin ni poe na sya ang may gawa, dahil plano na ngayon yan di pa nakakaupo sya
have you read your statement? “plano na ngayon yan”… ibig sabihin wala pang execution kaya hindi pa nagmamaterialize. Kaya naman pupunta ang mga hapon dito dahil maganda ung ekonomiya na minana pa ni pnoy sa long term economic plans ni arroyo at hindi sa mismong plataporma nya. For sources, you have google – just look for the right search term.
Puro negatibo kayo. Nag-cite na nga ng mga kompanyang naglipatan na wala pa din? Grabe! Be positib paminsan minsan. Sarado ang utak. Nasa harap mu na kung saan saan ka pa pupunta!
Binasa mo ba at naintindihan ang argumento ko? May relasyon ba ang sinabi mo sa sinabi ko?
Kung talagang binasa mo ang artikulo, ano sa tingin mo ang ibig sabihin nito, “have expressed interest to relocate their businesses”? Tingin mo ba meron ng trabaho kapag sinabing interesado (palang) ang isang kumpanya na lumipat?
Lesson: wag ka masyadong magassume
PS. “be positib paminsan minsan. sarado ang utak”… di valid argument to. Kung babasahin mo ung argument ko, I challenged OP’s claim, “wag lang sasabihin ni poe na sya ang may gawa”.
It would be nice if the Philippines could export to China
We are actually exporting raw materials to China. Tapos ibebenta uli sa atin finished goods na.
Alert:
1. More power supply needed
2. More police needed
3. More roads needed
4. More communication infrastructure needed
Sana ung magegenerate na tax sa 200 companies na bilyones, mapunta lahat sa Alerts. 🙂
PEZA na nga eh! That means no tax for ten years and very minimal rates after that.
common, Japan industrialized this country so that more filipino people would benefits of your help
work or pollution?di b mas maganda kung inaayos natin ung tourism s pinas?gagawin din b natin china ang pinas? pls sana wag tau magpakabulag s pera isipin natin ang mga anak at nagiging anak ng anak nio ung mga next generation n susunod s atin pupunuin b natin cla ng mga factory at lalasunin ang hangin nila? maayos naman tau ng human resource ang ibinibigay natin callcenter yan walang sinisira s kalikasan bakit natin kukunin ang basura ng ibang bansa?di nio b nakikita n nagsisilisan n ang mga intsik n yan s lugar nila dahil madumi n cla dahil s mga chemical ng mga factory nila dun kaya di nila pinapayagan ang media at fb s bansa nila kaya kinakamkam n nila ang hindi kanila dahil s kasaliman nila sinira nila ang bansa nila at pinili n lumilipat s ibang bansa
Oo nga balik na lang tayo sa kalesa…yang kuryente mo sa bahay ipaputol mo na…yang gadget mo itapon mo na yan dahil masama sa kalikasan. doon ka na tumira sa bundok at para walang industrialization.
di k maintindihan kung bakit maganda s ecomomiya natin to? sana magisip tayong mabuti ang pera nauubos yan at nahahanap pero ang kalikasan natin ay di n mapapalitan isipin sana natin ang mga susunod pang generation ung mga susunod n mga pilipino na hindi factory worker kundi may dekalidad callcenter p man yan taga linis o engnr o kahit anu p man atleast sarili lng ang kapital di nila sinisira ang ating bansa.mas maganda kung human resource lng ang ating ikacapital s pag asenso ng bansa natin wag tayo magpapaloko at papasilaw s salapi sana makapag abroad lahat ng pilipino at malaman nio kung anu ang meron s kanila n hinding hindi nio ipagpapalit kung anung meron tau mas masarap ang nasa sarili nating lugar mahirap pero sana wag nating sirain kung anung meron tau
sigi i book kita dto sa ermita!!!!!!!!! mag kano ba per night mo???
Secretmoon, pluto,mars o ano pa man, if you read the article well, you will notice that it specifically identified IT and technology businesses that will be relocated here.. do you think it’s only you who can think about the ill effects of some businesses to the environment? isip isip naman..
you are all welcome
This is a very good news. Welcome to the Philippines. I just hope our government also open more PEZA area in the provinces who really needed this kind of businesses. Para naman makarating ang mga biyaya or yong employment generations sa ating mga mahihirap na lugar na kukunti pa lang ang mga business at employment opportunities.
Government should also, focus infrastructures and development sa mga lugar kung saan maraming mahihirap na probinsya at mga tao. In this case hindi mag sisikip ang ating mga cities……
industrialized?o sisirain tayo in the long run?magisip tau wag ung akala ok un pla hindi kung iisipin nio di nmn tau makikinabang dyn ung mga may mga negosyo at ibang lahi tau gagamitin lng n trabahador babayaran ng kakarampot tapos gagamitin ang kayamanan natin at iiyawan tayong parang basura panu ang mga susunod s atin panu ang anak nio?
Tama! Di natin kailangan ng trabaho. Lugar lang na pagtatambayan at konting pang toma pwede na. Aanhin ba natin ang minimum wage at benefits. Magisip nalang ng pwedeng i-raket. Isang snatch lang ng iphone isang linggong bubuhos ang beer!
galing ng diskarte mo kuya…ipagpatuloy mo yan. mga ganyang klase ng tao gaya mo ang sumisira sa kinabukasan ng mundo, di lng pinas. kawawa nman anak mo kung meron man.
Basahin mo maigi ang flow ng post why bakit sya ng comment ng ganyan. Ing0t
in case you didn’t catch it, I was being sarcastic.
Tama, maraming negative comments dito. Pag walang trabaho umaangal laban sa pamahalaan, kapag may inaasahang darating na trabaho marami din reklamo. Militanteng grupo kalian man hindi na nakontento. Mabayaran lang ng 20-300 pesos sasama na sa mga demonstration. Bahala kayo sa buhay ninyo!
Kung itoy mangyayari dapat focus ang gobiyerno sa safe environment para maalagaan ang kalikasan.sa aking opinyon kung lilipat ang mga factory sa bansa. dapat isang lugar lang cla.kung sa bataan dapat sa bataan lang nd kung saan2.kung sa bawat lugar mayroon lang isang lugar cla..
Kong ayaw mo di huwag. Maluwang ang Indonesia o Vietnam.
Sa harap ng bahay nyo daw itatayo para lahat malapit sa yo.
for info sa mga peza zone nagtatayo ang mga japanese, good infrastructure at alam ko may mga incentive din na binibigay tulad ng low tax or tax free. Masaya kami na ang kawalan ng tsina ay gain natin.
(aking opinyon kung lilipat ang mga factory sa bansa. dapat isang lugar lang cla.kung sa bataan dapat sa bataan lang nd kung saan2.kung sa bawat lugar mayroon lang isang lugar cla..) huh? iwan ko sayo..dli masabtan…mura man kag insikoy nga donald duck mag-comment…
Apply na sa Shi-mano sana SRAM din =)
Japan moves from China to the Philippines: The principal reason for this strategic shift is the increasing political hostility of China to Japan, the frequent spats over islands of the Japanese archipelago and Islands vital to Japanese security that China covets, and, of course, the violent mobs that attack Japanese facilities within China. On the other hand a Phillipines that is crawling with Islam, Christianity and American Lords of Poverty is no Korea and can extend a begging bowl to Japan as readily as a Vietnam that is still riddled with unexploded ordinance of a US that “rescued” Asia from Japan. Taiwan is a natural Japanese ally as is Mongolia.. But Mongolia lacks the human and other infrastructure for industrialization which,it does not greatly desire being quite content with its ancient traditional way of life.
PLEASE IN METRO MANILA, BRING IT TO VISAYA AND MINDANAO.
please not in manila good in visaya and mindanao
spread it all over to the rural provinces…
The peace and order situation in Mindanao might be a factor that can dissuade the investors to settle there. Hopefully Pres Duterte can resolve that problem but there are so many muslim and non-muslim groups with different agendas and all of them engage in terroristic activities.
A very good move of Japanese government.
Its good but we do nt know wat is d real purpose or agenda of relocating those companies hir..
malinaw na nga na umiiwas sa china , meron na ngang anti japanese na nangyayari sa tsina, bukod pa sa tumataas na cost of operating duon.
BUTI pa ang japan maayos ang quality
Ang Japan nagbabayad pa ng buwis samantalang ang china peke na nga wala pa buwis puro dr lang gamit
They should also spread it out in other Areas in the Visayas and Mindanao, not just Metro Manila and Cebu areas.
let them in
I just don’t think this is a good idea. What these economic giants do to our country is they will only drain the resources we have here. If we are aiming for progress, let’s protect our natural resources. It just saddens me how the cornucopian idea dominates the mindset of people in today’s world. 🙁
Hope this will push through…big help to Philippine economy and improve the life of our kabayan.
China has a lot of copyright infringements because their communist government encourage business to steal and copy technology from other countries like from US, UK and Japan. Like for example, China stole the japanese technology of their highspeed train system and use it to put Japan out of business.
This is a good opportunity to our unemployed citizens,I hope no age discrimination….
Malaki na kasi yung ulo ng China at walang respeto, nagpabingi-bingihan pa sa pagnakaw nila ng mga isla , kailangan mapilayan si “bondying” sa pamamagitan nito, kahit papano.
Yung business permits mula barangay hangang DENR bawas bawasan nio na… naglalaway na yung mga nasa biznz permits niyan!
That’s for sure 100% political, come on! 🙂
But well deserved China. Hope others do the same.
I read the piece and am happy for the Philippines, China is getting what it deserves for being so belligerent in the South China seas. Another thing that I thought was a good selling point for the Philippines was the fact that most people there can speak English, I have been there and know it is so plus my wife is from there and her children are still there, but I was disappointed in the fact that most of the comments here are not in English so I don’t understand them But that is ok.
Well learn Tagalog instead of Obama’s misinformation about China
When I see your posts it reminds me of what my father used to say “EMPTY SHIPS MAKE THE MOST NOISE”
This is 100% political for sure.
But let’s say China asked for it.
Hope others follow.
Madami ng foreign investors na labas pasok dito di sila nagtagal kasi ninanatakawan sila ng mga empleyado.
This is a Good news pero we are talking about manufacturing companies what one the reason kaya nsa china ung mga yan kse malakas sa pollution yan, right now bumilili ng fresh air ang mga chinese sa ibang bansa dahil sa long term na dulot nyan. Sana ayusin muna ung current pollution ntin, tulad nung mga sewage system ntin para luminis ung mga ilog pti ung air pollution problem.
http://larouchephil.com/articles/
Hmm, okay, good to know. But this should DEFINITELY NOT BE AN EXCUSE TO MAINTAIN PROTECTIONIST POLICIES LIKE THE 60/40 POLICY IN THE CONSTITUTION; otherwise, they will just move out again and cost us jobs. So, should this be true, I better not catch any protectionist who will use this as a justification to maintain protectionist policies eating at Japanese restaurants, using Japanese-made gadgets, or even fapping to some JAV, among others, or else I shall behead those hypocrites with a katana!
P.S. Hoping for some toy companies to relocate here too……. :3
yes.. sa shimano ako nagtatrabaho maganda ung benefits
Put them on Clark, Subic, Camp John Hay and other low tax economic zones! Give them tax incentives and low rent and they will come and expand!
More jobs for our kababyans and more tax revenue for the Philippine Government entities!
This article was written about a year ago. Where are the 200 Japanese companies now?