A “chaotic scenario” is expected for Asian companies in the next 24 months due to issues on demand visibility brought by geopolitical conflicts impacting supply chains, according to Procurement and Supply Institute of Asia (PASIA) President Charlie Villaseñor. “There’s a lot of things going on reverse globalization, or supply chain diversification countries…
GLOBAL seaborne trade, which experienced a marginal contraction of 0.4 percent in 2022, is poised for a recovery in 2023, the United Nations Conference on Trade and Development (Unctad) said on Wednesday. According to its report titled “Review of Maritime Trade 2023,” the global shipping industry, though still grappling with challenges from the pandemic and
A LOCAL labor group has joined international calls for the public disclosure of the details of supply chain agreement provision of the proposed Indo-Pacific Economic Framework (IPEF). Sentro ng mga Nagkakaisa at Progresibong Manggagawa (SENTRO) was among the 14 groups which made the demand, after IPEF Trade ministers made a…
GREENING the logistics sector through a global carbon tax may come at a high cost, especially for import-dependent countries like the Philippines, as commodities shipped from across the globe could become expensive, according to local economists. More than 20 countries recently called for a levy to be imposed on greenhouse…