Bangkok Post
12 Apr 2008
In a year, when fewer Japanese multinational corporations in Asia are likely to make money, more Japanese operations in Singapore were saying otherwise.
The latest poll of Japanese firms in the region shows 88.3% of the Japanese manufacturers that have set up shop here were expecting to turn in operating profits last year, up from 83.7% that reported gains in 2006.
The number is likely to pick up this year as more Japanese MNCs here - up from 59.3% to 66.7% - are looking to even stronger export sales in 2008 despite uncertainty in the global market, according to the poll of 1,745 Japanese MNCs taken by the Japan External Trade Organisation (Jetro) from October to December last year.
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