The Philippines will be able to beat inflation with programs on logistics in place and investments secured for the energy sector, according to Trade Secretary Alfredo E. Pascual. Know more:
THE Philippines will be able to beat inflation with programs on logistics in place and investments secured for the energy sector, according to Trade Secretary Alfredo E. Pascual.
Pascual said he is “upbeat” that the country can overcome the rising prices of goods as there are programs or factors within control that the Philippines can work on. In a statement on December 2022, the trade department said this program will identify logistics-related infrastructure such as ports, airports and rail that DOTr will prioritize and implement to help increase trade, reduce logistics costs, and improve efficiency.
President Marcos highlighted the key role of the liquefied natural gas terminal facility of Lopez-owned First Gen and Tokyo Gas in the country’s energy security.
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