Japanese Companies

No signs of softening as Sumifru workers vow to carry on the fight for rights

Published by rudy Date posted on April 14, 2019

by KATH M. CORTEZ, Apr 14, 2019 COMPOSTELA VALLEY, Philippines – Red flags are still waving high as hundreds of banana workers remained on strike against the giant Japanese banana firm for its unfair labor practices and the company’s push for government’s immediate intervention on different attacks against the striking workers.

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Japan firms poised to pull out of PH

Published by rudy Date posted on September 12, 2018

By: Roy Stephen C. Canivel, Daily Inquirer, Sep 12, 2018 More than a quarter of Japanese firms located in economic zones in Cebu plan to pull out their investments in the country if an opposed tax reform pushes through.

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Japanese firms seek tax perk extension to deal with difficult PH economy

Published by rudy Date posted on August 30, 2018

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Aug 30, 2018 Japanese firms say the transition period towards rationalized tax incentives is too short, which will leave them struggling under a business climate seen as “one of the worst in Asia Pacific.”

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JCCI warns tax reform will drive out investors

Published by rudy Date posted on April 24, 2018

by Janina C. Lim, Businessworld, Apr 24, 2018 THE JAPANESE business lobby has warned that the second tax reform package may prompt investors to leave the Philippines, in response to the reduction in incentives called for by the proposed reforms.

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Japan aircon maker: ‘Changing’ investment climate forces production out of PH

Published by rudy Date posted on March 3, 2018

by Roy Stephen C. Canivel, Mar 3, 2018 One of the country’s leading firms in the airconditioning industry could not convince its Japanese parent company to put up a production hub in the Philippines, partly because investors feel they are “not protected” under the constantly changing investment climate.

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Japan firms more bullish on growth, expansion in Philippines

Published by rudy Date posted on February 21, 2018

By Richmond Mercurio (The Philippine Star), Feb 21, 2018 MANILA, Philippines — Japanese firms in the Philippines are turning more bullish on their growth prospects this year, a business survey showed.

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Japanese automakers accelerate hybrid push in Southeast Asia

Published by rudy Date posted on November 27, 2017

Lack of infrastructure and battery-sapping gridlock hinder jump to electric by HIROSHI KOTANI, Nikkei staff writer, Nov 27, 2017 BANGKOK — As the automotive world pushes hard toward an all-electric vehicle future, Japanese makers and their treasured hybrids may have found an alternate route — one that takes them straight into the daily traffic jams…

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2 Japanese firms told to regularize its workers

Published by rudy Date posted on November 25, 2017

by Philippine Daily Inquirer, Nov 25, 2017 The Department of Labor and Employment (Dole) has ordered two Japanese firms in Laguna and their contractors found to be engaged in labor-only contracting to regularize more than 1,000 workers.

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PEZA perks keep Philippines slightly ahead of Vietnam

Published by rudy Date posted on October 20, 2017

By Richmond Mercurio (The Philippine Star), Oct 20, 2017 MANILA, Philippines — The Philippines has now tied Vietnam in terms of labor cost attractiveness for manufacturing companies, according to Japanese investors, but the country still has a slight competitive advantage over its regional peers due to the set of incentives provided by the Philippine Economic…

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Japanese investors call for improvement, easing of business conditions

Published by rudy Date posted on August 28, 2017

By Richmond Mercurio (The Philippine Star), Aug 28, 2017 MANILA, Philippines – The representative of Japanese businesses in the Philippines is asking the government to improve business conditions in the country to regain Japanese investor interest, particularly in the manufacturing sector. “We are expecting that for the next five years, business environment will be improved…

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Reverence for robots: Japanese workers treasure automation

Published by rudy Date posted on August 16, 2017

By YURI KAGEYAMA, AP BUSINESS WRITER MORIYA, Japan — Aug 16, 2017 Thousands upon thousands of cans are filled with beer, capped and washed, wrapped into six-packs, and boxed at dizzying speeds — 1,500 a minute, to be exact — on humming conveyor belts that zip and wind in a sprawling factory near Tokyo.

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Japan-themed P20-B complex to rise in BGC

Published by rudy Date posted on July 11, 2017

By: Doris Dumlao-Abadilla, Philippine Daily Inquirer, Jul 11, 2017 GT Capital group’s property arm Federal Land Inc. has teamed up with Japan’s Nomura Real Estate Development Co. Ltd. and Isetan Mitsukoshi Holdings Ltd. to invest in a P20-billion residential and retail complex in Bonifacio Global City.

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PH, Japan to firm up cooperation in big-ticket infra projects

Published by rudy Date posted on July 4, 2017

By: Ben O. de Vera, Philippine Daily Inquirer, Jul 04, 2017 MANILA — The Philippine and Japanese governments will convene on Friday their joint committee on infrastructure to firm up cooperation in big-ticket projects such as railways.

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Martial law delays Japan investors’ Mindanao plans

Published by rudy Date posted on June 26, 2017

By Maya M. Padillo, Businessworld, Jun 26, 2017 DAVAO CITY — The Japanese Chamber of Commerce of Mindanao, Inc. (JCCMI) said investors had put on hold their plans in Mindanao as the situation and the possible outcome remain unclear while the southern islands are under martial law.

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Cebu students get training in Japanese manufacturing techniques

Published by rudy Date posted on June 23, 2017

By Czeriza Valencia (The Philippine Star), Jun 23, 2017 MANILA, Philippines – Students in three universities in Cebu are being introduced to Japanese manufacturing techniques and standards to boost their employability in the manufacturing sector.

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DOLE recommends scrapping of HTI compliance certificates over Cavite factory fire

Published by rudy Date posted on June 5, 2017

by Ferdinand G. Patinio/PNA), Jun 5, 2017 MANILA, June 5 — The Department of Labor and Employment (DOLE) has recommended the revocation of the certificates of compliance with the general labor standards and occupational safety and health standards (OSHS) of the House Technology Industries (HTI) and its contractors over the fire that gutted the electronics…

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DOLE contradicts PEZA: Company in Cavite fire violated standards

Published by rudy Date posted on June 5, 2017

The Department of Labor and Employment says House Technology Industries violated labor and safety standards, contrary to the findings of the Philippine Economic Zone Authority by Patty Pasion, Rappler, Jun 5, 2017 MANILA, Philippines – Results of a probe conducted by the Department of Labor and Employment (DOLE) found House Technology Industries (HTI), the company…

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Japanese firm ordered to pay P26 M

Published by rudy Date posted on May 29, 2017

By Mayen Jaymalin (The Philippine Star), May 29, 2017 MANILA, Philippines – A Japanese firm operating at the Cavite economic zone has been ordered to pay its workers P26 million in unpaid benefits.

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Japanese companies keen on entering PHL market — MUFG

Published by rudy Date posted on February 2, 2017

by Janine Marie D. Soliman, Businessworld, Feb. 02, 2017 MITSUBISHI UFJ Financial Group, Inc. (MUFG) expects more Japanese companies to enter the Philippines with economic growth to range between 6-7% this year, led by heightened consumer spending, robust business process outsourcing (BPOs) sector and overseas Filipino worker (OFW) remittances.

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Japan firms dislodge PH auto parts makers

Published by rudy Date posted on January 23, 2017

by Othel V. Campos, Manila Standard, Jan. 23, 2017 Local automotive parts makers feel left out in the development of the Philippine automotive industry, as some car assemblers decided to tap Japanese parts suppliers. The Philippine Parts Makers Association asked the government and the private sector to boost the supply capability of local small and…

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Japanese firms in Philippine 2nd most bullish in Asia, Oceania

Published by rudy Date posted on December 29, 2016

By Richmond Mercurio (The Philippine Star), Dec. 29, 2016 MANILA, Philippines – Japanese companies operating in the Philippines are the second most bullish across Asia and Oceania in terms of being profitable this year, a new survey by the Japan External Trade Organization (JETRO) showed.

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Japan’s gamble on the Philippines

Published by rudy Date posted on May 5, 2016

By Rey Gamboa (The Philippine Star), May 5, 2016 Japan imports bananas from the Philippines at seasonal tariff rates of 8.5 to 18.5 percent with no quotas, something our local growers had learned to lived with comfortably since the two countries signed a bilateral trade agreement in 2006 in Helsinki.

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Once lured to China, Japanese firms struggle to leave

Published by rudy Date posted on January 14, 2014

DALIAN, China — Japanese business people here tempered their New Year’s greetings with talk of the less-than-festive subject of “getting out,” underscoring a shared sense that soaring labor costs and a weaker yen have left little benefit to running plants in this northeastern port city.

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