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Yen’s slump fails to stem corporate exodus overseas – The Japan Times

June 14, 2013

Prime Minister Shinzo Abe promises that his growth policies will revive the nation’s industrial might. For Takumi Tanaka at auto parts maker Uchida Co., times are worse than after the 2011 quake-tsunami catastrophe. Tanaka, managing director of the company, which was founded in 1955 and whose 94 employees supply Honda Motor Co. with parts molds, […]

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EXPERT: U.S. NEEDS MANUFACTURING REVIVAL – U-T San Diego

June 14, 2013

Rosemarie Coates has spent 15 years helping American companies outsource manufacturing to China. On Thursday, the supply-chain consultant told a handful of professors and professionals at the University of San Diego that she’s now trying to help companies move a small portion of their manufacturing back to the United States. “Our economy needs it,” she […]

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K+12, high unemployment rate contradict gov’t claims of ‘reverse migration … – Bulatlat

June 14, 2013

June 14, 2013 K+12, high unemployment rate contradict gov’t claims of ‘reverse migration’ – OFW group How can the Aquino government declare better opportunities for OFWs here at home when it has further tailored the public education system for a more aggressive labor export program?” – […]

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BOK freezes key rate, poised to raise 2013 growth estimate – GlobalPost

June 14, 2013

BOK freezes key rate, poised to raise 2013 growth estimate | GlobalPost Follow us: <!– PRIMARY NAVIGATION –> Enlarge By Kim Soo-yeon SEOUL, June 13 (Yonhap) — South Korea’s central bank is likely to revise up its 2013 growth estimate as its latest rate cut in May combined with the government’s fiscal stimulus will help […]

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Reviving Manufacturing – National Journal

June 14, 2013

General Electric Appliance Park The General Electric facility in Louisville, Ky., showed that for large manufacturers, repatriating jobs to the U.S. could benefit not just their public image but also the bottom line. GE learned it can encourage innovation and cut costs when its engineers, marketing staff, and line workers can come together in […]

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Samuelson: Taxes help shape multinational companies – Richmond Times Dispatch (blog)

June 14, 2013

WASHINGTON We instinctively assign national identities to large global corporations. Toyota is Japanese; IBM is American; Siemens is German; Samsung is Korean. We assume these big firms reflect their national origins and act as informal instruments of government policy. Up to a point, this is probably true. Companies’ personalities do embody the culture and values […]

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Is there truth in the gov’ts claim that GDP growth is resulting in reverse … – Bulatlat

June 14, 2013

June 14, 2013 Is there truth in the gov’ts claim that GDP growth is resulting in reverse migration of OFWs? By BENJIE OLIVEROS Analysis The Aquino government was beaming with pride when it announced that the country had a high – by Philippine standards – year-on-year […]

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How can the US compete with China? – U-T San Diego

June 13, 2013

Rosemarie Coates has spent 15 years helping American companies outsource manufacturing to China. On Thursday, the supply-chain consultant told a handful of professors and professionals at the University of San Diego that she’s now trying to help companies move a small portion of their manufacturing back to the United States. “Our economy needs it,” she […]

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Sri Lankan govt bans foreign investment in steel, cement – Gulf Times

June 13, 2013

AFP/Colombo Sri Lanka announced plans yesterday to protect local manufacturers and retail traders by banning foreign investments in steel, cement and supermarkets. Government spokesman Keheliya Rambukwella said a ministerial team has been appointed to curtail foreign capital going into sectors where locals have sufficient competence. “In order to protect the local investors, it was decided […]

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Safeway, Inc (SWY): What The Canadian Exit Means For US Business? – iStockAnalyst (press release)

June 13, 2013

(By Mani) Safeway, Inc. (NYSE: SWY) announced the sale of its Canadian unit to Empire’s Sobeys division for C$5.8 billion, which translates to C$4.0 billion after expenses and taxes. The acquisition includes 213 grocery stores under the Safeway banner in Western Canada, 199 in-store pharmacies, 62 co-located fuel stations, 10 liquor stores, 4 distribution and […]

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