Trade disruptions from Red Sea attacks impact U S firms businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
The Philippine Economic Zone Authority (PEZA) said it is preparing its locators, particularly those who export and source goods to and from Europe, for the possible impact of trade disruption caused by attacks in the Red Sea. In a Viber message to reporters, PEZA Director General Tereso O. Panga underscored…
ATTACKS on commercial vessels in the Red Sea will put pressure on freight cost especially for cargo from Europe and Africa, according to the president of the Association of International Shipping Lines Inc. (AISL). “Those who import from Europe and Africa will be affected. It will now take longer as…
TRANSPORT and logistics industry leaders have supported Transportation Secretary Jaime Bautista for his entrepreneurial leadership in helping the industry navigate unique local and global challenges.
The shipping and logistics industry is on the cusp of a transformation driven by new technologies and modernization, which will have a profound impact on the Philippines economic growth. The international shipping industry after all is the lifeblood of the global economy, responsible for the carriage of around 90 percent of world trade.