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Economy

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Latest news on economy impacting shipping and logistics

UN warns of elevated prices in 2022 amid sustained high freight rates

UNCTAD sees global consumer prices rising significantly in the year ahead amid…
  • November 19, 2021
  • 3 minute read

DOTr, NLEX Corp ink deal to build PNR Clark Phase 2 columns

The Department of Transportation and NLEX Corp agreed to start construction of…
  • November 17, 2021
  • 2 minute read

11.7% growth in Subic container traffic boosts SBMA port revenues

Subic Bay Metropolitan Authority recorded a 15% year-on-year increase in revenues from…
  • November 16, 2021
  • 3 minute read

NCR remains under Alert Level 2 until end-Nov

The Inter-Agency Task Force for the Management of Emerging Infectious Diseases approved…
  • November 15, 2021
  • 3 minute read

ATI income drops 24% in Jan-Sept despite higher cargo volume

Asian Terminals Inc. reported a 24% year-on-year decline in net income to…
  • November 12, 2021
  • 2 minute read

ARTA backs truckers’ call extending moratorium on permit to operate

The Anti-Red Tape Authority recommended extending the moratorium on a Philippine Ports…
  • November 12, 2021
  • 3 minute read

Cotabato port now under Bangsamoro ports authority

The Philippine Ports Authority-Port Management Office in Cotabato City is now officially…
  • November 12, 2021
  • 2 minute read

PEZA investment pledges down 13.7% from Jan-Oct

Philippine Economic Zone Authority investment pledges declined 13.66% to P62.722 billion from…
  • November 12, 2021
  • 2 minute read

Ayala’s logistics arm buys 60% of Air21 for P6B

AC Logistics Holdings, the new logistics arm of Ayala Corp., is acquiring…
  • November 12, 2021
  • 3 minute read

Duterte oks nationwide implementation of COVID alert levels

President Rodrigo Duterte issued an executive order approving the nationwide adoption of…
  • November 11, 2021
  • 4 minute read