MANILA, Feb 6 — FedEx began winding down its Asian hub in the Philippines and shedding 800 staff today as the US courier giant started full operation of a new regional facility in China, an official said. Arman Areza, administrator of the Subic Bay economic and tourism zone where FedEx has been based for nearly 14 years, said the company will for now keep a skeleton operation in Subic as a …
More: continued here
