This is already a pretty old article written by Ms. Chrisee Dela Paz which I saw in Rappler. I felt it was relevant as this potential influx of Japanese investment into the country will further spur the property boom in our country.
With it, there will be additional jobs, and ancillary businesses will also flourish, giving many Filipinos the better financial standing. There will also be the prolonged stay of Japanese expats who will be involved in these businesses who will need a place of residence.
So here is the article:
200 Japanese firms in China want to move to PH
Labor strikes, wage increase, and historical issues are reasons many Japanese manufacturers want to exit China and enter the PhilippinesMANILA, Philippines – Around 200 Japanese companies in China want to relocate their bases here in the Philippines, as declining economic growth and rising wages there are making it difficult for them to continue doing business.