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                    [Title] => RP losing edge due to rising labor costs, says HK official
                    [Summary] => A senior Hong Kong economic and trade official warned yesterday that the Philippines is in danger of losing its status as a premier manufacturing and assembly hub for Hong Kong businesses to other Asian countries.


Clement Cheung, director of the Hong Kong Economic and Trade Office (HETO), said that while the Philippines has a few advantages like being physically closer to Hong Kong, a ‘not bad’ infrastructure, and an educated and highly skilled workforce, its major disadvantage lies in the fact that labor cost in the Philippines is increasing.


                    [DatePublished] => 2000-10-27 00:00:00
                    [ColumnID] => 133272
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CLEMENT CHEUNG

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                    [Title] => RP losing edge due to rising labor costs, says HK official
                    [Summary] => A senior Hong Kong economic and trade official warned yesterday that the Philippines is in danger of losing its status as a premier manufacturing and assembly hub for Hong Kong businesses to other Asian countries.


Clement Cheung, director of the Hong Kong Economic and Trade Office (HETO), said that while the Philippines has a few advantages like being physically closer to Hong Kong, a ‘not bad’ infrastructure, and an educated and highly skilled workforce, its major disadvantage lies in the fact that labor cost in the Philippines is increasing.


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abtest

RP losing edge due to rising labor costs, says HK official

October 27, 2000 - 12:00am

A senior Hong Kong economic and trade official warned yesterday that the Philippines is in danger of losing its status as a premier manufacturing and assembly hub for Hong Kong businesses to other Asian countries. Clement...

Business