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Economy

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Latest news on economy impacting shipping and logistics

April airfares to fall as CAB lowers fuel levy

April airfares to fall as CAB lowers fuel levy

Air travellers should expect airfares to drop in April as the Civil…
  • March 16, 2023
  • 3 minute read

CNC adds new Singapore-Mindanao service

Cheng Lie Navigation Co. Ltd. (CNC) is launching three new services this…
  • March 15, 2023
  • 2 minute read
67% of priority infrastructure projects are connectivity, transport works

67% of infrastructure flagship projects are connectivity, transport works

130 of 194 infrastructure flagship projects (IFP) identified as priority by the…
  • March 14, 2023
  • 6 minute read

PH trade deficit widens 27.2% in January

The Philippines’ trade gap widened by 2% to $5.74 billion in January,…
  • March 14, 2023
  • 2 minute read
DICT container throughput down 8% in 2022 on low banana output

DICT container throughput down 8% in 2022 on low banana output

Low banana production in Southern Mindanao has been blamed for an 8%…
  • March 14, 2023
  • 3 minute read
Asia Europe box rates

Asia-Europe box rates dip 80% on soft demand

Box shipping prices on the Asia-North Europe lane drop 80% y-o-y on…
  • March 13, 2023
  • 3 minute read
PEZA woos more high-tech Taiwanese investments

PEZA woos more high-tech Taiwanese investments

The Philippine Economic Zone Authority aims to attract more investments in high-tech…
  • March 12, 2023
  • 2 minute read
Cebu ports’ 2022 volumes rise 7%, beating pre-Covid levels

Cebu ports’ 2022 volumes rise 7%, beating pre-Covid levels

Cebu ports handled 7% more cargoes in 2022 than in 2021 The…
  • March 10, 2023
  • 3 minute read
San Miguel bags Cavite-Batangas Expressway project

San Miguel bags Cavite-Batangas Expressway project

San Miguel Holdings Corp. has been awarded the joint-venture agreement and tollway…
  • March 10, 2023
  • 2 minute read
NEDA Board approves P9T flagship infrastructure projects

NEDA Board approves P9T flagship infrastructure projects

The NEDA Board, chaired by President Ferdinand Marcos Jr., approved a new…
  • March 9, 2023
  • 3 minute read