Another letter has reached the country’s seat of power concerning the mounting opposition to the Philippine Port Authority’s (PPA) planned new container tracking and monitoring system. The
The group also cited concerns that they will lose the ability to negotiate with their clients, the shipping lines and importers, as PPA will effectively become a middleman in the dealings.
“We have always espoused the professionalization of the different sectors of the logistics industry to make it more transparent and efficient because it is our belief that better transparency and efficiency will be the key to bringing logistics costs down by eliminating avoidable friction costs,” he said.President Marcos’ recent trip to Japan reaped a number of big-ticket business deals.
Josephine Gotianun-Yap, president of Filinvest Development Corp., joined the trip to sign an agreement with a Japanese conglomerate for the ambitious water works project. Now which Japanese partner was tapped by Filinvest, you might ask? It’s one of the biggest and most advanced water solutions companies based in Tokyo. Watch this space to find out soon.Are physical annual stockholders’ meetings truly a relic of the prepandemic past? It seems the Zobel-led Ayala Corp. is trying to find out.
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