SM Prime Holdings Inc., the listed property development arm of the Sy Group, said its commercial property arm has fully leased its Silangan warehouse complex in Laguna, reflecting rising demand for logistics space as e-commerce activity expands and manufacturers strengthen supply chains.
Federal Express Corporation (FedEx) has relocated its Manila gateway and FedEx Worldwide Service Center (WSC) closer to Ninoy Aquino International Airport (NAIA) to improve shipping access and strengthen logistics connectivity for businesses and travelers.
Domestic airlines expect airfares to rise in the coming months as the conflict in the Middle East drives up jet fuel prices and disrupts flight operations.
The Department of Transportation (DOTr) said a new digital platform from the Bureau of Customs (BOC) will help speed up and secure the importation and registration of motor vehicles.
The Philippine Travel Agencies Association (PTAA) is seeking fare waivers and stronger passenger assistance from Middle Eastern airlines as regional tensions disrupt flight routes and send international ticket prices sharply higher.