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
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
