Retail in Asia

In Shops

TNT Philippines bullish on logistics business

Leading express and freight provider TNT Philippines is bullish about the growth of its business in the Philippines after posting 200 percent growth in its economy express products and 100 percent in its express products for the first two months of the year.

"We have posted more than 30 percent growth in our import shipments despite the country’s import sector’s negative posting of -26.8 percent and also met our objective of expanding our freight services, with more than 16 percent increase in total shipments," said Cetin Yalcin, country general manager.

(Source: Manila Bulletin)