Industry players say the country needs more temperature-controlled facilities, but higher construction costs and specialized requirements continue to limit new supply.
New airports, expressways, and industrial parks are turning regional hubs into the country’s next logistics hotspots.
Company buys back 40% stake as CVC Capital Partners ends six-year investment, with no disclosure on deal drivers or terms.
Relief for motorists continues, though pump prices remain far above pre-crisis levels.
The operator was also ordered to explain the incident as buses are pulled from service pending investigation.
Trucking group calls for streamlined TESDA certification and review of LTO licensing rules amid driver qualification bottleneck.
Amazon’s entry is a significant validation of the Philippines’ immense e-commerce potential, with the local market far from being saturated.
