Lao Pride Forum - Laos attracts Japanese, S. Korean companies

llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Laos attracts Japanese, S. Korean companies 4^th Jun, 2011 at 3:43pm Low-wage Laos attracts Japanese, S. Korean companies. http://www.asahi.com/english/TKY201106030150.html
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llX

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Re: Laos attracts Japanese, S. Korean companies
Reply #1 - 4^th Jun, 2011 at 3:51pm

It's good because these company created jobs for Lao citizens, but $65 a month is way way too low. Government should increase the minimum wages to $100 or more.

In the U.S minimum wages is $5.75 an hour about $920 a month. But most full time worker make way more then that. Cost of living is high if you make $920 a month in america you pretty much starve to death.
Wink

« Last Edit: 4^th Jun, 2011 at 10:24pm by llX »

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LaoguySoCal Full Member Offline I Love Laos! Posts: 157	Re: Laos attracts Japanese, S. Korean companies Reply #2 - 4^th Jun, 2011 at 11:09pm Cali minimum wage is about $9.00 per hour I think....I am not so sure but that is low for $65 a month in Laos
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llX God Member Offline "Absolute power corrupt." Posts: 2685 Gender: Age: 36 Awards: 2	Re: Laos attracts Japanese, S. Korean companies Reply #3 - 5^th Jun, 2011 at 12:49am $9 is pretty good. LaoguySoCal wrote on 4^th Jun, 2011 at 11:09pm: Cali minimum wage is about $9.00 per hour I think....I am not so sure but that is low for $65 a month in Laos
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OMD

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Re: Laos attracts Japanese, S. Korean companies
Reply #4 - 5^th Jun, 2011 at 3:07am

llX wrote on 5^th Jun, 2011 at 12:49am:

$9 is pretty good.
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LaoguySoCal wrote on 4^th Jun, 2011 at 11:09pm:

Cali minimum wage is about $9.00 per hour I think....I am not so sure but that is low for $65 a month in Laos

Actually California min wage is at $8.00/hr, which is not bad all depending on where you live. If you live in San Francisco, making that much will still put you on the street. For a studio in San Francisco is about $1500-2000, you are not going to make it unless you have roommates. If you live in the San Joaquin Valley, you'll likely have a place to live.

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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos attracts Japanese, S. Korean companies Reply #5 - 5^th Jun, 2011 at 3:13am Home prices in California is rediculous, for example $500,000 for a 2bdrm/2bath. For that same money you can probably get a mansion in Texas with 5bdrm/4bath and at least 5,000 sqft of living space.
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llX

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Re: Laos attracts Japanese, S. Korean companies
Reply #6 - 5^th Jun, 2011 at 7:26am

Its not good If you rent is $1500-$2000 but you only make $8 an hour. Similar to Laos the rent start at $150-$600 but average worker only make $65 a month.
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OMD wrote on 5^th Jun, 2011 at 3:07am:

llX wrote on 5^th Jun, 2011 at 12:49am:

$9 is pretty good.
Wink

LaoguySoCal wrote on 4^th Jun, 2011 at 11:09pm:

Cali minimum wage is about $9.00 per hour I think....I am not so sure but that is low for $65 a month in Laos

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BlastSweep

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Re: Laos attracts Japanese, S. Korean companies
Reply #7 - 6^th Jun, 2011 at 1:08am

Going back to the original article, I'm very glad to see more Japanese manufacturing interest in Laos.

I'm currently interning with a company who has adopted Japanese manufacturing philosophies, which I now feel are the best and most effective in the world compared to that of Chinese and American.

Having a Japanese influence of commercial industry in Laos is the right direction for us stepping in to new territory like this. Coupled with a stock market that was helped by South Korea, and the sheer investment of neighboring countries, we should have an excellent prospect.

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PEACE

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Re: Laos attracts Japanese, S. Korean companies
Reply #8 - 6^th Jun, 2011 at 2:32am

May I ask, what are those Janapenese philosphies with comparison to the American's?

BlastSweep wrote on 6^th Jun, 2011 at 1:08am:

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llX

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Re: Laos attracts Japanese, S. Korean companies
Reply #9 - 6^th Jun, 2011 at 3:46am

Japanese is a good friends and been helping Laos. Japanese are good as what they do. I also like Singapore the most business friendliest country in the world. They rank #1 Laos rank #170.
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BlastSweep wrote on 6^th Jun, 2011 at 1:08am:

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BlastSweep

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Re: Laos attracts Japanese, S. Korean companies
Reply #10 - 6^th Jun, 2011 at 4:00am

PEACE wrote on 6^th Jun, 2011 at 2:32am:

May I ask, what are those Janapenese philosphies with comparison to the American's?

BlastSweep wrote on 6^th Jun, 2011 at 1:08am:

I wouldn't be able to explain it in-depth, but if you are truly interested, check out - http://en.wikipedia.org/wiki/Toyota_Production_System

en.wikipedia.org/wiki/Lean_manufacturing

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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos attracts Japanese, S. Korean companies Reply #11 - 6^th Jun, 2011 at 12:41pm 'Gung Ho' mentality! Thanks and I will check it out.
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BlastSweep Junior Member Offline I Love Laos! Posts: 52	Re: Laos attracts Japanese, S. Korean companies Reply #12 - 7^th Jun, 2011 at 2:18am Then you should go get an education and some Lao history lessons.
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PEACE God Member Offline Posts: 719 DIN FAR Gender: Age: 53	Re: Laos attracts Japanese, S. Korean companies Reply #13 - 7^th Jun, 2011 at 2:53am I am 100% sure Lan Xang knew the whole history of Laos already . My educated guess would limited opportunities/options for the people and limited business sectors currently existing in Laos.
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llX

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Re: Laos attracts Japanese, S. Korean companies
Reply #14 - 7^th Jun, 2011 at 3:03am

I know a lttile bit about Laos history, but not an export. I had a college degree.

Not just Laos. Many democracy country in Latin American, Africa, Middle East also have low GDP. Cuba per capita is $9,700. Vietnam $1,160 and Laos $954. Can you explain why?
Cheesy

BlastSweep wrote on 7^th Jun, 2011 at 2:18am:

Then you should go get an education and some Lao history lessons. Roll Eyes

« Last Edit: 7^th Jun, 2011 at 6:50am by llX »

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