What's new

Japan Economy Forum

Ideally the best place to manufacture is China, but due to the political climate they are looking at Philippines which is not a very smart move. They would have been better of with Malaysia or Indonesia.

Pretty sure if you want to setup a manufacturing hub in ASEAN nations, Indonesia would be the first choice with Malaysia being second. Mostly because Indonesia has a very large territory size and natural resource along with a good population.

To be fair to Philippines, it used to be the top industrial power in Southeast Asia back in the 50s, but its natural size and population really couldn't compete with Indonesia or even Malaysia in the long run.
 
China is declining power.

ee16_world00.jpg


These will be the new guys in the block.

No Colombia, India, Malaysia, Nigeria, Turkey, Poland? Instead, we have Laos, Nicaragua, Dominican Republic, Peru, Sri Lanka, Myanmar? Something is wrong with this picture. China hasn't even peaked yet, and you're already talking about what comes after China.
 
No Colombia, India, Malaysia, Nigeria, Turkey, Poland? Instead, we have Laos, Nicaragua, Dominican Republic, Peru, Sri Lanka, Myanmar? Something is wrong with this picture. China hasn't even peaked yet, and you're already talking about what comes after China.
Some people are in a hurry to nowhere!! :yahoo:
 
Nobody can replace our manufacturing prowess because nobody can satisfy the condition we set as a manufacturing monster.

1) huge landmass with state-of-the-art transportation system and supply chain.
2) massive workforce with some of the highest IQ in the world.
3) Top 3 most abundant resource country with the technology capability to extract and process the resources for manufacturing use.
4) political stability and will to adjust any fluctuation in economic cycle
5. last but not least, our ability to build world-class infrastructure on a massive scale and we are constantly in the process of building bigger project.

good luck replacing us. LOL
 
Nobody can replace our manufacturing prowess because nobody can satisfy the condition we set as a manufacturing monster.

1) huge landmass with state-of-the-art transportation system and supply chain.
2) massive workforce with some of the highest IQ in the world.
3) Top 3 most abundant resource country with the technology capability to extract and process the resources for manufacturing use.
4) political stability and will to adjust any fluctuation in economic cycle
5. last but not least, our ability to build world-class infrastructure on a massive scale and we are constantly in the process of building bigger project.

good luck replacing us. LOL

6) No corrupt labor unions to get in the way of efficiently completing the project.
 
To be fair to Philippines, it used to be the top industrial power in Southeast Asia back in the 50s, but its natural size and population really couldn't compete with Malaysia in the long run.

Are you serious?

The Philippines' population has reached 100 million. They are 2nd most populous nation in ASEAN , second only to Indonesia. They have a very large man power, and most of their population is young.

PS. Malaysia has less than 35 million people. :coffee:
 
Arigato Japan. This is really good and remarkable move by Japan and should be followed by other nations that are thinking of investing or setting up manufacturing plants in Asia. Actually other Asian countries will be a much better choice than China.
 
Arigato Japan. This is really good and remarkable move by Japan and should be followed by other nations that are thinking of investing or setting up manufacturing plants in Asia. Actually other Asian countries will be a much better choice than China.

I've been to Cebu City, Bohol, as well as Manila (Makati) some years ago. Loved it there. The one city that impressed me was Cebu...not as jam packed as Manila, but have the potentials of a large urban area.

Your country is very beautiful!
 
Last edited:
Sri Lanka & Japan to initiate talks on trade arrangement

Admiral Wasantha Karannagoda, Ambassador of Sri Lanka to Japan, met with the Vice Minister for International Affairs, Norihiko Ishiguro, of Ministry of Economy, Trade & Industry [METI], last week, to discuss key issues prior to the commencement of "Inter-governmental Economic Policy Dialogue" between the two countries in the context of a trade arrangement. As a result of a series of such discussions, the METI of Japan has agreed to send a delegation to Sri Lanka, in the immediate future, to conduct preliminary discussions in this context.


The Embassy of Sri Lanka in Tokyo has been working with Ministry of Economy, Trade & Industry [METI] of Japan since July of 2012 to have a viable Economic and Trade Arrangement between the two countries. During the last two years, the embassy has had eight rounds of discussions with the Vice Ministers and with senior most officials of the METI in order to map out seminal courses of action to enhance economic, investment and commercial engagement with Japan, in all spheres, by entering into a viable trade arrangement or agreement with Japan.


Japan has Economic Partnership Agreements [EPAs] with ASEAN, India, Singapore, Chile, Brunei, Peru, Vietnam, Indonesia, Thailand, Myanmar, Malaysia, Philippines, Switzerland and Mexico, among others respectively.


It may also be stated that for both the countries to have a result oriented, focused and practicable trade arrangement/agreement, similar to that of the listed countries, would be most opportune at this juncture, since Japan would be hosting the Olympics in 2020 and Sri Lanka could extend the much needed human resources, both skilled and semi-skilled, to meet the demands.


During the meeting, the Vice Minister Norihiko Ishiguro was accompanied by the Deputy Director General, Eiya Iida; Director for Trade Policy, Mikio Aoki; and Deputy Director of Southwest Asia office of METI, Takashi Shimokyoda. Ambassador Admiral Karannagoda was associated with the Deputy Chief of Mission Saj Mendis, and Commercial Counsellor D. D Premaratne, during the discussions with the Vice Minister of METI. (Embassy of Sri Lanka in Tokyo)
 
Nobody can replace our manufacturing prowess because nobody can satisfy the condition we set as a manufacturing monster.

1) huge landmass with state-of-the-art transportation system and supply chain.
2) massive workforce with some of the highest IQ in the world.
3) Top 3 most abundant resource country with the technology capability to extract and process the resources for manufacturing use.
4) political stability and will to adjust any fluctuation in economic cycle
5. last but not least, our ability to build world-class infrastructure on a massive scale and we are constantly in the process of building bigger project.

good luck replacing us. LOL

Not to forget that China has some of the worlds top and busiest air and seaports by cargo tonnage.
We also happens to still be the number one global producer and supplier of goods.

If Philippines are to wrestle everything off China, then it will have to further develop their infrastructures, revise its policies and laws, let alone cope with the global demands, meeting production deadlines and managing logistics efficiently.

Dreaming of achieving are quite different to being realistic and capable. They must go through the steps China took, tackle each hurdle a baby step at a time and endure every single bit of it to gain the much needed experience. If there is a short cut to being successful then every single country in the world would be rich and we wouldn't have any countries left for us to label as "third world" countries.

Lets face it, there are currently no other countries in the world alone, who can satisfy global supplies and demand, let alone have the infrastructures in place as well as human and natural resources available to them for them to handle those tasks. They perhaps are able to compete with China on certain areas of trade, but to look to a "single" country to take over what China is doing or is capable of doing? That is not going to happen anytime soon. Not even Japan as they lacked man power, land mass and natural resources. The one with the most potential to replace China is India.

Having said that, only those with relatively stable politic and economic environment, modern infrastructure and acceptably compatible legal system are considered ideal. We are not just talking cheap labours here. It is more complicated than that.

It is more realistic to talk about how different countries can compete with China on certain areas of trade, than it is to talk about how one would single handedly knock China off its throne for being the biggest manufacturer and supplier (which is not going to happen, not by a long shot).

Last but not least, Philippines is a country that is prone to natural disasters, this is also one of its major pain and set backs.


World's busiest airports by cargo traffic - Wikipedia, the free encyclopedia
List of world's busiest ports by cargo tonnage - Wikipedia, the free encyclopedia
Philippines: A country prone to natural disasters | Asia | DW.DE | 10.11.2013
 
It doesnt change the fact that Japan will be pouring in billions of dollars investments in the Philippines. And we will make the Philippines into our major industrial / manufacturing hub in ASEAN. :coffee:
 
Not to forget that China has some of the worlds top and busiest air and seaports by cargo tonnage.
We also happens to still be the number one global producer and supplier of goods.

If Philippines are to wrestle everything off China, then it will have to further develop their infrastructures, revise its policies and laws, let alone cope with the global demands, meeting production deadlines and managing logistics efficiently.

Dreaming of achieving are quite different to being realistic and capable. They must go through the steps China took, tackle each hurdle a baby step at a time and endure every single bit of it to gain the much needed experience. If there is a short cut to being successful then every single country in the world would be rich and we wouldn't have any countries left for us to label as "third world" countries.

Lets face it, there are currently no other countries in the world alone, who can satisfy global supplies and demand, let alone have the infrastructures in place as well as human and natural resources available to them for them to handle those tasks. They perhaps are able to compete with China on certain areas of trade, but to look to a "single" country to take over what China is doing or is capable of doing? That is not going to happen anytime soon. Not even Japan as they lacked man power, land mass and natural resources. The one with the most potential to replace China is India.

Having said that, only those with relatively stable politic and economic environment, modern infrastructure and acceptably compatible legal system are considered ideal. We are not just talking cheap labours here. It is more complicated than that.

It is more realistic to talk about how different countries can compete with China on certain areas of trade, than it is to talk about how one would single handedly knock China off its throne for being the biggest manufacturer and supplier (which is not going to happen, not by a long shot).

Last but not least, Philippines is a country that is prone to natural disasters, this is also one of its major pain and set backs.


World's busiest airports by cargo traffic - Wikipedia, the free encyclopedia
List of world's busiest ports by cargo tonnage - Wikipedia, the free encyclopedia
Philippines: A country prone to natural disasters | Asia | DW.DE | 10.11.2013
The more I think about our manufacturing capability, I got goosebumps. We are just a MONSTER at making stuff. That all. NOBODY can do what we do. We make the 20th century manufacturer powerhouse like US and Nazi Germany look like child play.
 
TOKYO – More Japanese investors are set to invest in the Philippines while companies already in operations are firming up expansion programs, Philippine embassy officials said.

The Mindanao peace accord opens up the South for agribusiness and mining investments even as Japanese firms venture into creative content and game development, outsourcing and infrastructure projects, they pointed out.

Hans Siriban, second secretary and consul of the Philippine embassy in Japan, said Vietnam, Indonesia and the Philippines are on the radar map of Japanese businessmen.

“We are the closest ASEAN economy to Japan and probably is the cheapest,” said Amb. Manuel Lopez.

He said Japanese companies are interested in setting up business process outsourcing operations in the Philippines due to tax perks for export-oriented businesses, Lopez said.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1
“We have major conglomerates looking already at investments in the infrastructure and transportation base in the country,” said Dita Angara-Mathay, commercial counselor of the Philippine Embassy in Japan.

“In investment seminars, it’s always overcapacity. There’s a lot of interest to look at the Philippines, which has a young population and a growing market,” Siriban said.

The Philippines could become Japan’s gateway to Southeast Asia, which boasts of a 600-million market. Japan is also taking a second look at the manufacturing sector in the Philippines.

For the financial service sector, one of the biggest credit card companies in Japan is firming up a partnership with China Banking Corp. of the Sy family.

A large potential investment area is Mindanao particularly given the peace deal.

“With the signing of the peace accord, Mindanao is one of the targets of Japanese businesses in mining and agriculture,” Lopez said.

Japanese companies are also looking at producing high-value commercial crops such as ornamental plants and cut flowers, Lopez said. The Philippines is currently the biggest pineapple and banana exporter in Japan.

Last week, the Philippine government and the Moro Islamic Liberation Front signed a comprehensive agreement on the Bangsamoro as the first step in the creation of a new region that would replace the Autonomous Region in Muslim Mindanao.

For other parts of the country, investment opportunities abound in terms of creative content and game development, Mathay said.

Specifically, a group of between 50-60 employees of Japanese gaming firms Sega, Bandai and Konami will visit Manila in May to partner with local counterparts through the Creative Content Game Networking Mission.

Mathay said Filipino creative content developers can aid in the visual arts, programming and language components of computer games, allowing Japanese firms to venture into Western markets.

Existing businesses are also planning to expand operations.

Mitsubishi Motors Corp. earlier said it bought Ford’s shuttered plant in Laguna as it focuses its production in the province.

Mitsubishi is planning to expand its production by one to two more sedan or van models in the next five years, said commercial attaché Froilan Pamintuan.

Toyota, Isuzu and Honda are waiting for the release of the Philippine automotive industry roadmap prior to firming up expansion plans, Mathay added.

Mathay said the improvement of trade will be aided by improved air travel.

To date, Philippine Airlines (PAL) is the largest airline operating between the Philippines and Japan with 77 weekly frequencies between seven points – more than the combined flights of all other carriers in the market. Japan is the largest international operation of PAL.

The objective now for the airline is to improve the service with Sapporo, famous for its ice festival, being looked into.

Japan was the country’s third biggest source market for tourists in 2013 after South Korea and the United States.

A total of 433,705 Japanese visitors came to the country, comprising 9.28 percent of international visitor arrivals for the year.

On Sunday, PAL added its twice daily Manila-Haneda flights to its existing Tokyo-Narita, Fukuoka, Nagoya and Osaka routes. It marked the company’s return to Haneda Airport in Tokyo, which was PAL’s chief gateway in Japan for 29 years until 1978.

“With the return of international service to Haneda, PAL is now back at Tokyo’s premier airport,” said Ismael Augusto Gozon, senior vice-president for airline operations of PAL.

Long list of Japan manufacturers eyeing to locate in PH — official



japan%20ambassador%20to%20Ph.jpeg


MANILA, Philippines – There is a long list of Japanese manufacturing companies looking to come to the Philippines, said Japanese Ambassador to the Philippines Toshinao Urabe.

Urabe said that aside from the manufacturing companies that are already present in the Philippines, there is a long list of new companies that are looking to enter one of the best performing economies in the world.

“There are quite a few Japanese companies coming into the Philippines,” Urabe said at the Makati Business Club and the Japanese Chamber of Commerce joint membership meeting on Tuesday.

The most recent is Shimano, the Japanese bike manufacturer. The mountain bike brand will set up manufacturing facilities in the next year for export to the emerging markets of Brazil, Russia, India and China, or the BRIC countries.

Nobuo Fujii, vice president and executive director of the Japanese Chamber of Commerce and Industry of the Philippines, said Shimano will set up the factory at the First Philippine Industrial Park in Sto. Tomas, Batangas.

There are roughly 1,700 Japanese companies located in the Philippines and more looking to come. These include Cemedine Philippines Corp., which manufactures and sells adhesive, ceiling and related products; Bandai, the toy maker of Power Rangers and Gundam fame; Fujifilm Corp., which makes optical lenses for digital cameras, projectors and surveillance cameras, and; electronics components maker Murata Manufacturing Co. Ltd.

Many of these companies are targeting Asia, Latin America and Europe for exports, according to the Japanese Chamber of Commerce and Industry of the Philippines (JCCIP), which has 500 member-companies.

Driving industry, real estate sectors in PH

The entry — and return — of Japanese manufacturing firms to the Philippines have been as cited as one of the legs of growth for the industry and real estate sectors in the Philippines in the 1st quarter.

Manufacturing grew 9.7% in January-to-March period, helping support the economy's overall 7.8% growth.

In a previous interview with Rappler, Julius Guevara, associate director for research and advisory at Colliers said they have received a number of inquiries from Japanese companies interested in putting up manufacturing facilities in industrial areas in and around Manila.

“In the past 6 to 12 months there has been an increased activity of Japanese moving manufacturing to the Philippines,” said Guevara.

“Japan continues to make an impact on various facets of life form history to economy to popular culture. In economic terms since 2009, Japan has been either the top or second largest source of approved foreign direct investments into the Philippines," said Ramon del Rosario Jr, chairman of Makati Business Club.

"Last year alone, Japan's improved investments were valued at P69 billion, next only to the Netherlands. In 2012 Japan stood as the Philippines no. 1 trading partner and as the no. 1 market for Philippines exports,” Del Rosario added.
 
Back
Top Bottom