{"id":245924,"date":"2020-02-23T00:42:04","date_gmt":"2020-02-23T05:42:04","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=245924"},"modified":"2020-02-23T00:42:04","modified_gmt":"2020-02-23T05:42:04","slug":"palace-sees-minimal-impact-from-ph-honda-car-production-halt","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/02\/23\/palace-sees-minimal-impact-from-ph-honda-car-production-halt\/","title":{"rendered":"Palace sees minimal impact from PH Honda car production halt"},"content":{"rendered":"
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Panelo said Honda workers who will be left displaced can apply to the government through its infrastructure projects under the \u201cBuild, Build, Build\u201d program. (File Photo: Grisha Bruev \/ Shutterstock.com)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0\u2013 Automobile maker Honda Cars Philippines Inc.\u2019s (HCPI) shutdown of its production operations in Laguna will create just a \u201cminimal\u201d impact on the Philippine economy, Malaca\u00f1ang said on Sunday.<\/p>\n

Presidential Spokesperson Salvador Panelo expressed confidence that the country\u2019s robust economy will not slow down due to HCPI\u2019s decision to close its production plant in Sta. Rosa, Laguna in March.<\/p>\n

Despite the latest development, there are still some foreign companies that are investing in the country, Panelo stressed.<\/p>\n

\u201cSiguro, minimal lang yun. Ang dami namang kumpanyang pumapasok<\/em>\u00a0(Perhaps, the economic impact is just minimal. There are many foreign companies that are coming in),\u201d he said in an interview with dzIQ.<\/p>\n

HCPI began the operations of its manufacturing plant in the Philippines in 1992.<\/p>\n

It is known to produce passenger cars and models such as the BR-V and City.<\/p>\n

HCPI announced on Saturday that it will halt its operations in Laguna to meet customers\u2019 needs through \u201cefficient allocation and distribution of resources.\u201d<\/p>\n

It, however, clarified that automobile sales and after-sales services will still continue.<\/p>\n

Around 387 people will lose their jobs over the closure of HCPI\u2019s production plant, labor group Defend Jobs Philippines claimed.<\/p>\n

Panelo said Honda workers who will be left displaced can apply to the government through its infrastructure projects under the \u201cBuild, Build, Build\u201d program.<\/p>\n

\u201cThey have to look for another job.\u00a0Kaya nga may mga<\/em>\u00a0\u2018Build, Build, Build\u2019 projects,\u00a0para \u2018yung ibang mga nadi-<\/em>displace,\u00a0makakapasok sila ng trabaho<\/em>\u00a0(That\u2019s why we have \u2018Build, Build, Build\u2019 projects, so we can help those displaced workers to find a new job),\u201d he said.<\/p>\n

HCPI spokesperson Louie Soriano ensured that the 387 employees that will be affected by the closure will be given separation packages \u201cmore than what the law provides.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0\u2013 Automobile maker Honda Cars Philippines Inc.\u2019s (HCPI) shutdown of its production operations in Laguna will create just a \u201cminimal\u201d …<\/p>\n","protected":false},"author":44,"featured_media":202845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-245924","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-ruth-abbey-gita-carlos","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=245924"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245924\/revisions"}],"predecessor-version":[{"id":245925,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/245924\/revisions\/245925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/202845"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=245924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=245924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=245924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}