Japanese Automakers Want Approval To Shift Parts Production To Thailand

The Japanese Chamber of Commerce is calling on the Board of Investment to speed up approval of urgent production shifts to Thailand as manufacturing at home was damaged by last month's earthquake and tsunami.

Vice-president Fukujiro Yamabe said automotive, electronics and electrical appliances were the worst hit and manufacturers needed to switch some production from Japan to Thailand.

"Japanese businesses need some special treatment from the BoI to cope with urgent short-term issues," he said.



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Steve - 4/7/2011 11:54:53 AM

+2 Boost

This just in: A magnitude-7.4 earthquake has shaken northeastern Japan minutes ago. A tsunami warning has now been issued for the coast. As if they didn't already have enough on their plate :-(

Agent009 - 4/7/2011 12:20:43 PM

+1 Boost

Jeez! Just saw that too!

internationalmanofmystery - 4/7/2011 1:09:17 PM

+1 Boost

Very true, Steve!

Steve - 4/7/2011 1:34:44 PM

+1 Boost

For an idea of how many earthquakes they've had in the past week (several dozen, with 12 in the 5.0 to 6.0 range), see http://earthquakes.tafoni.net/ and zoom in on Japan.

Lamborghini_vs_Ferrari_Racer - 4/7/2011 1:03:42 PM

+1 Boost

God Bless Japan, when are the Earthquakes going to stop?

Agent009 - 4/7/2011 1:31:39 PM

-1 Boost

Not anytime soon