The Japan External Trade Organization JETRO affirmed 100 per cent of Japanese private companies in Thailand will continue to use the country as their production bases, according to Thai Labour Minister Padermchai Sasomsap.

The minister said after meeting president of Bangkok-based JETRO Setsuo Iuchi on Wednesday. However, the president said that SANYO Semiconductor Thailand laid off employees and will  be relocating its production base abroad, as SANYO is no longer Japanese, was already bought and owned by an American firm, which had previously had plan for a relocation.

The Japan External Trade Organization JETRO
The Japan External Trade Organization JETRO affirmed 100 per cent of Japanese private companies in Thailand will continue to use the country as their production bases

The company is now part of Nasdaq-listed ON Semiconductor Corporation, which acquired SANYO Semiconductor Co, a former subsidiary of Sanyo Electric, and other assets related to Sanyo Electrics semiconductor business earlier this year.Meanwhile, Mr Iuchi said that in order to help alleviate problems of Thai entrepreneurs after the flood crisis, Thai workers are welcomed for job trainings in Japan for as long as six months.

JETRO is also organising a job fair in Thailand next month to help about 11,000 employees losing their career during the flood to find new jobs at companies in the countrys north and northeast, with the readiness to support all laid-off workers. MCOT online news

via Japanese companies not shifting production bases elsewhere: JETRO.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Thailand’s Board of Investment approves new Categories for Promotion Strategy

Following the relaxation, feasibility studies will only be required for projects with an investment value of 2.0 billion baht or more (excluding the cost of land and working capital), compared to 750 million baht previously.

Bangkok Makes CNN’s Top 10 List for Best Places to Celebrate New Year

Thailand was also named the top destination for North American and European tourists in a recent BBC News poll, which reported that 57.4% of respondents would choose to visit Thailand over other Southeast Asian nations.