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Economy

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Latest news on economy impacting shipping and logistics

Costlier crude forces local carriers to impose fuel surcharge

Domestic shipping lines have started imposing a bunker fuel surcharge to cover…
  • February 15, 2022
  • 3 minute read

PH collects P367B duties under fuel marking program

Government collected P367.3 billion in import duties and taxes from 36.68 billion…
  • February 15, 2022
  • 2 minute read

Metro Manila stays under Alert Level 2 until end-Feb

Metro Manila will remain under COVID-19 Alert Level 2 status from February…
  • February 14, 2022
  • 3 minute read

PH, Japan sign P113B loan for MM subway project phase 1

The Philippines and Japan signed a JPY253.3 billion (P112.9 billion) loan agreement…
  • February 11, 2022
  • 2 minute read

PEZA OKs P125B Quezon mega ecozone with international seaport, airport

The Philippine Economic Zone Authority (PEZA) approved the establishment of the Quezon…
  • February 11, 2022
  • 2 minute read

PEZA seeks temporary easing of WFH rule for IT-BPO firms

The Philippine Economic Zone Authority wants IT-BPO locator enterprises to be temporarily…
  • February 10, 2022
  • 4 minute read

PH in 18th spot among top emerging logistics markets

The Philippines jumped three places to 18th spot in the Agility Emerging…
  • February 10, 2022
  • 5 minute read

SBMA posts 8% higher revenues in 2021

Subic Bay Metropolitan Authority recorded 8% higher operating revenues in 2021 Seaport…
  • February 9, 2022
  • 2 minute read

Amended Public Service Act to drive economic rebound, investments—DTI

Ratifying the measure amending the Public Service Act will further strengthen economic…
  • February 9, 2022
  • 3 minute read

BOC 2021 rice import duty collection up 22%

The Bureau of Customs collected P18.9 billion in duties from rice imports…
  • February 8, 2022
  • 2 minute read