China manufacturers moving to the Philippines?

[islander]

Officials say manufacturers in southern China moving to Philippines due to rising costs

By Associated Press
Tuesday, March 6, 2012

MANILA, Philippines â€" Philippine officials say rising labor costs in China’s southern coast are driving big foreign manufacturers to relocate to the country.

Trade Secretary Gregory Domingo said Tuesday there has also been “very strong” interest from Japanese investors who are looking for tracts of land in Philippine export processing zones.  They include electronics, ship building and steel companies.

He said investors relocating to the country include foreign garments factories closing in China.  A big company which left the Philippines has decided to return, while another one is seriously considering coming back, he said.

read more at: http://www.washingtonpost.com/business/

[MikeLigalig.com]

They are most likely to relocate to the Philippines knowing that there is no longer an arroyo who would milk in their businesses.

[vrglguapo]

good news ni sa Philippines para dili na ta mo Abroad ug malayo sa family.

[chicogon]

They are most likely to relocate to the Philippines knowing that there is no longer an arroyo who would milk in their businesses.

Hehehehe... duna pay daghan naghuwat lawgan 

[Lorenzo]

This is good news for the Philippines!

[hubag bohol]

Hmm, mao diay nga ingon si Bay Bugsay nga mouliay na siya...

[chicogon]

Hmm, mao diay nga ingon si Bay Bugsay nga mouliay na siya...

Ikaw uli pod ka?

[hubag bohol]

Ikaw uli pod ka?

Pauwahi lang ko, naa pay gikawid-an...