For Japanese companies, PH is 'most profitable' in Asia

Japanese companies see the Philippines and Indonesia as the "most profitable", according to the survey. Philippines and Indonesia beat competitors in all industries with 71.9% and 74.4% profitability, respectively. "This result came about specifically because of the very promising performance of the Philippines in export oriented business with a 72.4% profit as oppose to China in 5th place with a 54.6% profit and India at last with 55.3% revenue," JETRO Manila said. Manufacturing engineers in the, Philippines and Vietnam receive an annual salary of $7,636 and $5,441 respectively. Manufacturing managers in the Philippines and Vietnam get $17,498 and $12,245 respectively. Malaysia had the highest salary for both engineer and manager with $14,451 and $30,083 respectively. "Philippines landed on the last rank with 48.2% rating for expansion plan, while India, Indonesia, and Vietnam emerges as the target domestic markets with 83.6% , 77.3% and 65.9% respectively," JETRO Manila said.