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Economy

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Latest news on economy impacting shipping and logistics

‘Hog lanes’ designated to guarantee pork, poultry supply amid ASF

The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) has designated the country’s nautical highway and the Maharlika Highway in Luzon as special hog lanes to guarantee unhampered transport of hog shipments from Visayas and Mindanao.
  • January 30, 2021
  • 2 minute read

PH economy sinks 9.5% in 2020, its worst showing since 1946

The Philippine economy shrank 8.3% in the fourth quarter of 2020, translating…
  • January 28, 2021
  • 2 minute read

Fuel marking in full swing by Q1 2021

The fuel marking program is expected to be fully operational nationwide by…
  • January 28, 2021
  • 2 minute read

PH trade contracts 5.6% in Dec as exports, imports linger in red

The Philippines’ total merchandise trade dropped 5.6% in December 2020, the 11th…
  • January 27, 2021
  • 3 minute read

Logistics, cold storage lead popular investment sectors for 2021

CBRE’s Asia Pacific investor survey found that 60% of investors intend to…
  • January 25, 2021
  • 3 minute read

DTI cuts PH export targets after COVID impact assessment

• The Department of Trade and Industry adjusted the Philippine export target…
  • January 23, 2021
  • 2 minute read

Electric shift, sales decline to impact auto supply chains in 2021

Further consolidation within the automotive sector seen as smaller vehicle makers struggle…
  • January 18, 2021
  • 2 minute read

EO 123 extends 5% tariff on mechanically deboned poultry for two years

Newly signed Executive Order No. 123 retains the most-favored nation rate of…
  • January 18, 2021
  • 2 minute read

‘China flight’ among major supply chain drivers in 2021

Trend away from China being pioneered by Japanese and South Korean electronics…
  • January 18, 2021
  • 3 minute read

P172B duties collected from marking 17.5B liters of fuel

Government marked 17.55 billion liters of fuel and collected P171.72 billion in…
  • January 15, 2021
  • 2 minute read