The 23 Survey of Investment Related Costs in Asia and Oceania (FY 2012 Survey) May 2013 Overseas Research Department Japan Exter
The 23rd Survey of Investment Related Costs in Asia and Oceania (FY 2012 survey) May 2013 Overseas Research Department Japan External Trade Organization (JETRO) Data, statistics and the reference materials within this report have been compiled by JETRO from publicly-released media and research accounts. Although these statements are believed to be reliable, JETRO does not guarantee their accuracy, and such information should be checked independently by the reader before they used to make any business or investment decision. The 23rd Survey of Investment Related Costs in Asia and Oceania JETRO conducted a comparative survey of investment-related costs in 41 major cities and regions throughout Asia and Oceania in the period between December 2012 and January 2013. The survey revealed that Japanese companies are mainly concerned about wages. With the economy steadily growing, minimum wages have been rising greatly. This trend is expected to continue into 2013. With domestic markets maturing, Japanese companies are increasing their motivation to advance into Asian countries and regions for the purpose of market development and risk dispersion. However, there has been no change in the situation where Japanese companies are required to take some measures against rises in various costs. For this survey, Ulan Bator (Mongolia) was added. The survey was also conducted in six Japanese cities, including Yokohama and Naha, in order to make comparisons between Japanese and foreign cities. The following are summaries of what should be noted about wages, property-related costs, and Ulan Bator, the newly added city. 1. The basic wage rate showed a two-digit rise in some regions.
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