Uplift for Hong Kong's air cargo hub status, while container port declines
Hong Kong government plans to further boost the SAR’s international aviation hub status – in ...
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
CNBC reports:
Japan and Philippines’ defense pact signed on Monday seeks to counter China’s increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC.
The “Reciprocal Access Agreement,” which comes against the backdrop of tensions between the Philippines and China over the Second Thomas Shoal in the South China Sea, allows exchange of armed forces for training and joint military exercises between Tokyo and Manila.
The deal was signed in Manila by Philippine Defence Secretary Gilberto Teodoro and Japanese Foreign Minister Yoko Kamikawa in the presence of President Ferdinand Romualdez Marcos Jr.
The partnership between the Philippines and Japan had been “upgraded one level higher,” Teodoro said at a joint briefing following the RAA ceremony, according to Philippine state media…
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