Thu, May 16, 2013 - Page 3 News List

TAIPEI-MANILA ROW: Tourism Bureau to cease promoting tours to Philippines

‘RED’:An official from the bureau said that it would no longer attend the Philippine Travel Tour Expo and that the sanctions could cost the Philippines NT$3.75 billion

By Shelley Shan  /  Staff reporter, with CNA

The companies said the freeze on bringing Filipino workers to Taiwan was not expected to have an adverse effect on their operations in the short term, but could compromise their labor sources and increase their labor costs if it persists.

Innolux Corp and AU Optronics Corp, two of Taiwan’s largest flat panel firms, said the punitive measure will not hurt their operations because Filipino workers only represent a small fraction of their workforces.

Wu Ying-liang (吳胤良), manager of the Taishin Ta-chong Equity Fund, said that because local enterprises still can hire foreign workers from other countries, the punitive action is unlikely to be felt on the local bourse.

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