Europe-PH News

ECCP welcomes Philippines' improved ranking on the WB logistics index

April 25, 2023

ECCP Online

Europe-PH News

The ECCP lauds and celebrates the recent release of the World Bank report which puts the Philippines on the 43rd spot out of 139 countries in terms of Logistics Performance Index (LPI). Based on the report, the Philippines has moved up 17 places. In an increasingly globalized world, seamless and sustainable trade is essential. The Chamber further supports measures that will aid logistical efficiency as well as customs and trade facilitation.

Furthermore, this can be further improved by timely implementing the 10-year Maritime Industry Development Plan (MIDP); fully operationalizing the National Single Window (NSW) and integrating it with the ASEAN Single Window (ASW); upholding the International Commerce Terminology (INCOTerms); and officially clarifying the lead government agency responsible for matter relating to shipping rates and port congestion.

  • Europe-PH News

  • April 12, 2024

    Digitalization initiatives to drive financial services and employment opportunities in the PH

    Makati City, Philippines – The release of latest ... Read More

  • April 05, 2024

    Unleash Hell in Makati: The Ultimate MMA Festival Showdown at Kombat Sports Kalayaan!

    Get ready to witness the ultimate showdown as Kombat Spo... Read More

  • March 18, 2024

    Milestone Achieved: ECCP Celebrates Restart of EU-Philippines FTA Negotiations

    Manila, Philippines – The European Chamber of Commerce of the Phil... Read More