PolyU Library
Journal Call no.HC411.A76
AuthorBacani, Cesar.
Article TitleAsiaweek agenda Japan : investing in Asia : how Japanese firms in the region's most troubled economies are coping / Cesar Bacani.
Is Part OfAsiaweek ; v.24, no.32, 14 Aug 1998, p.66-67, illus.
AbstractInvestment bank Morgan Stanley Dean Witter estimates that the Asian subsidiaries of Japanese manufacturers account for 5 percent of the region's total gross domestic product (GDP) -- and double that if the investments of Japanese trading giants are counted. The performance of Japanese affiliates is especially crucial in Southeast Asia. They account for up to a third of Thai exports, for example. Japanese direct investments in the past ten years in prior to 1998 equal at least 6.9 percent of the GDP in Thailand, Hong Kong, Indonesia, Malaysia and Singapore. The article analyses how Japan's Southeast Asian affiliates are coping after Asian economic crisis 1997, including Fujisawa Susumu, Toyota Motors Thailand, Minolta Precision Engineering (MPE), Matsushita Electric, Sharp Yasonta Indonesia, Sharp Korea Corporation, Denso and Honda Cars Philippines. The situations of China, Hong Kong and Taiwan are illustrated in the article.