Japanese companies not shifting production bases elsewhere: JETRO

0
553

BANGKOK, Dec 14 – 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 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 Electric’s 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 country’s north and northeast, with the readiness to support all laid-off workers.