Browsing Category

Economy

2301 posts

Latest news on economy impacting shipping and logistics

EO creates trade facilitation committee to improve PH customs procedures

President Rodrigo Duterte signed Executive Order 136 creating a trade facilitation committee…
  • May 21, 2021
  • 3 minute read

Exports raise PH cargo volumes by 1.2% in first quarter

Cargo volume at Philippine ports grew 1.2% in the first quarter of…
  • May 20, 2021
  • 3 minute read

PH slashes 2021 growth forecast

The Development Budget Coordination Committee has lowered its growth forecast for the…
  • May 19, 2021
  • 3 minute read

Air cargo volumes draw closer to pre-Covid levels but rates still rising

Air cargo volumes increased by 53% in April 2021 year-on-year but were…
  • May 18, 2021
  • 2 minute read

Duterte cuts rice import duty, modifies pork tariffs

President Rodrigo Duterte has approved the temporary reduction of tariff rates for…
  • May 17, 2021
  • 3 minute read

Truck ban in Metro Manila returns starting May 17

The Metropolitan Manila Development Authority is reimposing the truck ban in Metro…
  • May 14, 2021
  • 1 minute read

House bill seeks P40B relief for domestic airlines

House Bill 9324 or the proposed Air Carriers Relief Act aims to…
  • May 14, 2021
  • 3 minute read

Reefer freight prices escalate but still no match to dry freight rates

Weighted average of reefer freight rates jumped 26% in the first quarter…
  • May 14, 2021
  • 2 minute read

NCR Plus under GCQ with “heightened restrictions” until end-May

NCR Plus (National Capital Region, Cavite, Laguna, Batangas and Rizal) is under…
  • May 13, 2021
  • 2 minute read

PEZA Q1 exports up 15.6%, investments leap 53.9%

Exports by Philippine Economic Zone Authority (PEZA) locators grew 15.63% in the…
  • May 12, 2021
  • 2 minute read