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Economy

2465 posts

Latest news on economy impacting shipping and logistics

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

EO signed raising pork import MAV to 254,210 MT

President Rodrigo Duterte has signed Executive Order No. 133 increasing the MAV…
  • May 11, 2021
  • 3 minute read

PH stays in recession as GDP contracts 4.2% in Q1

The Philippine economy remained in recession in the first quarter of 2021…
  • May 11, 2021
  • 2 minute read

PAL expands cargo business, sees it as revenue ‘lifeline’ during pandemic

Philippine Airlines (PAL) will keep growing its cargo business, which has become…
  • May 11, 2021
  • 3 minute read

ATI seeks 15.23% hike in Batangas Port cargo-handling fees

Port operator Asian Terminals Inc. and its unit, ATI Batangas Inc., are…
  • May 7, 2021
  • 4 minute read

PH manufacturing logs 13th month of decline with over 70% drop in March

The Philippine manufacturing sector posted more than 70% contractions in both volume…
  • May 7, 2021
  • 2 minute read

PH imports, exports post double-digit growth in March

Philippine merchandise trade grew for the second consecutive month in March 2021,…
  • May 7, 2021
  • 3 minute read