The Philippines is strengthening its position as a regional logistics gateway as businesses seek faster international deliveries and more resilient supply chains amid shifting trade routes and growing demand for time-sensitive shipments.
Energy prices will remain “high” until the Middle East conflict is settled, tycoon Enrique Razon Jr. warned, with Asia bearing the brunt of supply disruptions and rising costs.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is advancing plans for a Pacific-facing port as geopolitical tensions highlight vulnerabilities in traditional global shipping routes.