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Asian firms face 'chaotic' 2024-2025 on supply chain woes

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… ....

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Maritime trade seen growing by 2.4% this year • Lorenz S. Marasigan

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 ....

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Carbon tax seen to hike goods' prices | Cai U. Ordinario

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… ....

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