ID :
201904
Wed, 08/17/2011 - 13:50
Auther :

RICOH MALAYSIA NOT IMPACTED BY GLOBAL REDUCTION IN WORKFORCE

KUALA LUMPUR, Aug 17 (Bernama) -- Leader in office solutions, Ricoh is
aggressively recruiting people with Information Technology (IT) capability in
Malaysia as the country is not expected to be impacted by the group's job cuts
globally.

The Japanese office equipment producer announced plans to cut global
workforce by about 10,000 people to reduce costs.

The decision, which was announced in May this year, came as the major
earthquake and tsunami which hit Japan earlier in March this year damaged some
of Ricoh’s facilities.

Assistant general manager of marketing, Ricoh Malaysia, Lim Choon Weng said
business however was growing in emerging markets such as Malaysia where it had
experienced double digit growth year on year.

"We are increasing high end products range in Malaysia," Lim said in an
interview with Bernama.

A new product will be also introduced in Malaysia by end November, he said.

"This product in the market will be categorised under the visual image
communication sector and will add to Ricoh’s existing product line of multi
functional printer, printers, cameras and also IT services," he said.

As for the possibility of setting up manufacturing sites in Malaysia, he
said there was no immediate plan.

He said Ricoh Malaysia belonged to Ricoh Asia Pacific Group which was
focusing on its mid-term plan of growth and possible acquisitions to achieve
potential in the region.

As for the suspension of operations for manufacturing due to the
earthquake in Japan, Lim said that had affected Ricoh's subsidiary not only in
Malaysia but all other subsidiaries as well.

While the earthquake and tsunami and a subsequent large aftershock had
forced Tohoku Ricoh plant to temporarily stop operation, they have all now
resumed operations, Lim said.

"The good news is that all production lines in four facilities in
the affected area have officially resumed operation as of May 10," he said.

Besides new products, Ricoh Malaysia's main focus this year, will be on its
Corporate Social Responsibility front, mainly on its commitment to the habitat
restoration programme with Malaysian Nature Society and the Kuala Selangor
Nature Park.

He said the campaign with an initial investment of RM200,000 can stretch
up to 10 years.

"The campaign is crucial for us to help in creating awareness and sending
out the message to the public about the importance of mangrove to our economy,
safety, livelihood and as a defence towards natural disaster such as tsunami,"
he said.

On July 1, Ricoh Malaysia launched a three-month sales campaign whereby
clients can be a part of the campaign (CSR) when they purchase any of
Ricoh’s products, as a portion from the sales will be channeled to its
conservation efforts.
-- BERNAMA

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