FAST Logistics Group is adding more horsepower to its nationwide network, rolling out 45 new delivery vehicles as businesses demand quicker deliveries and supply chains stretch deeper into the regions.
The Chiongbian family is taking back the wheel at FAST Logistics Group, reclaiming full ownership of one of the Philippines’ largest logistics providers and delivering a strong vote of confidence in the country’s long-term supply chain and economic growth story.
FAST Logistics Group is strengthening its presence in Mindanao with the opening of a new logistics mega hub in Davao City, expanding its nationwide distribution network and enhancing supply chain capabilities in one of the country’s fastest-growing regions.
FAST Logistics Group is ramping up its renewable energy investments, unveiling plans to install solar power systems across its nationwide warehouse network as it pushes to build a greener and more resilient supply chain.
FAST Logistics Group and Department of Trade and Industry Misamis Oriental have expanded their partnership to strengthen logistics support for micro, small, and medium enterprises (MSMEs) in Northern Mindanao, aiming to help local businesses reach wider markets and build more resilient supply chains.
The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.