Philippines jumps to 43rd spot in World Bank's Logistics Performance Index

ABS-CBN News

The Philippines jumped to the 43rd spot in the latest World Bank 2023 Logistics Performance Index released over the weekend.The Philippines got a score of 3.3 and was tied with 7 other economies including Vietnam, according to the report that ranks countries based on ease of establishing reliable supply chain connections, quality of logistic services, infrastructure and border controls.The report said digitalization enabled emerging economies to cut port delays by 17 percent. Singapore topped the list with a 4.3 percent score, followed by Finland, Denmark, Germany and the Netherlands rounding up the top 5.The US has a score of 3.8 and China with 3.7, the report said.<ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/12/22/arta-eyes-smoother-logistics-with-qr-tech-in-ports">Anti-red tape body eyes smoother logistics with QR codes in ports</a></li>	<li><a href="https://news.abs-cbn.com/business/09/19/22/dotr-tells-ports-authority-to-hasten-lowering-of-fees">Transport dept tells Philippine Ports Authority to hasten lowering of fees</a></li>	<li><a href="https://news.abs-cbn.com/business/04/18/23/trucker-logistics-providers-oppose-ppas-new-system">Trucker, logistics providers oppose PPA&#x27;s new system</a></li></ul>

The Philippines jumped to the 43rd spot in the latest World Bank 2023 Logistics Performance Index released over the weekend.

Philippines jumps to 43rd spot in World Bank's Logistics Performance Index | ABS-CBN

Entertainment

News

Metro.Style

Sports

More

Business

Philippines jumps to 43rd spot in World Bank's Logistics Performance Index

Philippines jumps to 43rd spot in World Bank's Logistics Performance Index

ABS-CBN News

Published Apr 24, 2023 09:36 AM PHT

Read More:

logistics

ports

supply chain

Manila ports

supply chain connection

World Bank

Logistics Performance Index

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

Terms of Service

Advertise with Us

© 2024 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Advertise with Us

Privacy Policy

Terms of Service

© 2024 ABS-CBN Corporation. All Rights Reserved.