FedEx has appointed logistics veteran Garrick Thompson as its new managing director for the Philippines, bringing back an executive with nearly two decades of experience at the global courier and logistics company.
Philippine exporters stand to benefit from faster access to the Australian market after Federal Express Corp. (FedEx) introduced a new dedicated freighter service that shortens delivery times and strengthens regional supply chain connectivity.
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.
FedEx Philippines has moved to formalize plans to expand its gateway facility at Clark, Pampanga, framing the project as a strategic response to surging trade and e-commerce flows across Southeast Asia.
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.