Federal Express Corp. (FedEx) has broken ground on the expansion of its Clark gateway facility, doubling down on the Philippines as a key logistics and trans-shipment hub in Asia amid booming cross-border trade and e-commerce demand.
US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.
The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.
Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.