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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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