24 Mar '11, 1am

Japan crisis rocks S'pore tourism and auto industry

Japan crisis rocks S'pore tourism and auto industry

Japanese tourist Namikawa Takeko (right), 65, arriving at Changi Airport on Tuesday with her sister. They are from Osaka in southern Japan, and did not cancel their holiday as they had made plans months in advance. -- ST PHOTO: DESMOND WEE REPERCUSSIONS of the Japanese disaster are being felt here, from uncertainty in the Japanese car market to the prices of tech products and the number of Japanese tourists here. Toyota agent Borneo Motors said it has already started sourcing for some models from markets which might have 'spare stock', after the Japanese car-maker extended its plant closure beyond this week. Mr Vincent Ng, product manager of Honda agent Kah Motor, said: 'Many companies make automotive components in the quake region. So we have not seen the full domino effect yet.' But car agents in Singapore say they are not pushing the panic button yet, as most have stock...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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