Operation in the Philippines

Introduction

The production in Asia is now expanding. Many producers are trying to shift its production base to overseas with velocity yet to see in order to avoid economic crisis and to maintain or enhance its competitiveness. In such a move, it is the Asia that attracts most attention due to its bright future having abundant labor force, consumption and purchasing power. The Philippines is the most potential country among countries in Asia.

N.T.Philippines, Inc. was established in 1989 as Nampow Philippines Co., Ltd. with the purpose of providing ceramic filter assembly service and inspection thereof mainly to the semiconductor producers in Japan. Due to our commitment to quality and continuous endeavor for customer satisfaction, our operation has been expanded mainly in BPO of electric parts industry. After 20 some years since foundation, we are now making new challenges in other new field.

It is our main business to provide producers of the world with excellent labor and production space in the Philippines at incredibly low cost. We would like to urge you to consider off shore production here in the Philippines!

Stable, excellent & reasonable labor

There exists abundant labor of good quality at reasonable cost in the Philippines. It is the best fitted situation for the labor intensive industry. If you want to reduce your labor cost or secure workforce, please study possibility of establishing your operation here in the Philippines. One of the areas of our specialty is to supply labor of good quality at reasonable cost.

Taxation incentive & infrastructure

The spot where we locate is in the industrial park in Rosario, Cavite which is about 30km away from Manila and you can reach at least less an hour from Manila by Cavite ~ Manila Expressway / Cavitex. Since it is the special economic zone which has a taxation incentive, you can enjoy various advantages.

There are now almost 200 companies are operating in this 276 ha's CEZ (Cavite Economic Zone). Very easy access to Manila airport or Manila port. Together with organized infrastructure and lowest possible electric cost in the Philippines, you will have various advantages in operating here.

We have achieved satisfactory results in long years in terms of developing ideal BPO, which we are confident that you can fully utilize for your future strategy.

Corporate Policy

Philippines Update

Feb. 2021 · BOI investments more than doubles, with strategic projects; reached Php645B in first half 2020 The Philippine Board of Investments (BOI) recorded P645.3B of approved investments in the first six months of the year, bouncing back strongly with a 112-% surge from just P304.4.B in the same period in 2019. “The robust bounce back despite the pandemic shows the country’s resilience.


June 2021 Navigating a Challenging Recovery : Weighed down by the COVID-19 pandemic, the Philippine economy is forecast to grow at 4.7 percent this year before accelerating to 5.9 percent in 2022 and 6.0 percent in 2023. Local governments have played a crucial role at the front lines of the COVID crisis. A current lack of resources prevents local government units (LGUs) from fulfilling their devolved mandates.


JPY/PHP annual chart

JPY/PHP for 2021/6-2020/6

USD/PHP annual chart

USD/PHP for 2021/6-2020/6

Points to study

1. Select a country considering country risk.
2. Forecast of labor and material cost of the country
3. Forecast of other production cost
4. Possibility of labor issue (no strike since our foundation)