Latest news on economy impacting shipping and logistics
DTI scraps safeguard duty for auto imports
The Department of Trade and Industry has junked imposition of the safeguard…
August 11, 2021
2 minute read
PH ends recession with 11.8% growth in Q2
The Philippine economy posted an 11.8% growth in the second quarter of…
August 10, 2021
3 minute read
No short-term easing of freight rate levels in sight
This huge rate spike comes considering that the FBX level was already…
August 9, 2021
3 minute read
Asia-US freight rates hit fresh highs in July: Freightos
Ocean rates are still very elevated and transit times volatile due to…
August 9, 2021
2 minute read
PH manufacturing sustains triple-digit growth in June
The Philippine manufacturing sector recorded its third consecutive month of triple-digit increases…
August 6, 2021
2 minute read
PH imports, exports book double-digit growth in June
Total Philippine merchandise trade grew 26.8% in June 2021, its fifth consecutive…
August 6, 2021
3 minute read
SBMA port revenue up 17% due to higher container cargo
The Subic Bay Metropolitan Authority posted improvements in most of its key…
August 5, 2021
3 minute read
Shipping losses at historic lows, Asia remains global loss hotspot
There were 49 large ships lost worldwide last year, down 50% over…
August 4, 2021
3 minute read
PEZA approves 8.52% more investments for 1H
The Philippine Economic Zone Authority (PEZA) approved 8.52% more investments in the…
August 4, 2021
2 minute read
Business as usual for ports during ECQ
The Philippine Ports Authority, Bureau of Customs and terminal operators said there…
August 3, 2021
4 minute read
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