A recent comparative survey of investment-related costs in the Asian region conducted by the Japan External Trade Organization (JETRO) showed Manila as being among the most cost-efficient business location.
In terms of wages, Manila rated higher than the key cities in China of Shanghai and Shenzhen.
The latest JETRO report conducted in January 2010 on 29 major cities in Asia pointed out that the average salary in Manila was $130 per month compared to Shanghai’s $141 and Shenzhen’s $139.
Higher wages in these Chinese cities can be attributed to the growing competition to secure much needed human resources, according to the survey.
When ranged against wages in other Chinese regions, Manila could still be competitive as wages are in the $ 117 to $141 range.
The results of this survey show that Manila is still one of the choice investment destinations in the Asian region in terms of cheap labor.
The Philippines also boasts of a generally liberalized economy particularly in the services sector where it already has considerable edge among others with the exception of India as a business process outsourcing (BPO) services site.
The survey was conducted by JETRO’s overseas offices in cooperation with Japanese chambers of commerce and industry, local government agencies and relevant companies in each country. –Daily Tribune
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
