MANILA, Philippines – Merchandise exports may have contracted anew in March as effects of the congestion in Metro Manila ports last year continue to linger, UK-based investment bank Barclays said. However, the bank expects a slight improvement with an estimated 2.4 percent decrease in March from the 3.1 percent contraction in February. “Export contraction to…
The removal of the port-congestion surcharge (PCS) by shipping lines and the reduction in trucking fees would not be enough to boost the competitiveness of businessmen, according to local and foreign traders.
SOME of the cargo coming from and/or leaving the port of Manila should be diverted to two other facilities located in the North and South of the Philippine capital, a state-run think tank said in a policy note. The Philippine Institute of Development Studies (PIDS) made this recommendation in a policy note as part of…
MANILA, Philippines – While the government has declared the port congestion resolved, Japanese businesses remain concerned about the high trucking costs and a possible recurrence of the problem amid the expanding Philippine economy.
MANILA, Philippines – Malacañang said yesterday efforts to decongest the ports were progressing and that importers and forwarders were now being urged to reduce trucking rates back to where they were prior to the congestion.
Posted on March 2, 2015 Statement of the Office of the Cabinet Secretary: On post congestion [Released on March 2, 2015] We are pleased to report, that with the combined efforts of the Cabinet Cluster on Port Decongestion, the Technical Working Group of various agencies, and the cooperation from the private sector, operations at the…
Rightly or not, “port congestion” is being blamed for all imaginable national, corporate, and personal woes. Why is our sales dipping? Where are our raw materials? How come food is dear despite three fuel price rollbacks? Why is DPWH re-concreting roads only now during the holiday rush? What tripped the economy from 6.6 to only…
Businessmen and government officials have opposing views regarding the port congestion in Manila, with the former belying the latter’s claim that the problem has already been fully addressed.
MANILA – Container cargo traffic fell in the first half of the year as a result of the truck ban policy of the city government of Manila. Data from the Philippine Ports Authority (PPA) show that container traffic was down by 2.95 percent to 2.58 million twenty-foot equivalent units (TEUs) in the January to June…
MANILA – Philippine furniture maker Betiscrafts Inc should have delivered a shipment of custom-made chairs to Middle East customers last month.
MANILA, Philippines – Business groups and other sectors hailed the lifting of the truck ban in Manila yesterday but stressed a long-term plan of action is needed to address congestion at the ports.
MANILA, Philippines – The public should brace for more traffic jams on roads around the Port of Manila as port decongestion is not expected to be completed until early 2015.
Behind every crisis is opportunity. The economic drop that Manila Mayor Joseph Estrada caused by his citywide daytime truck ban in time could perk up the entire Mega Manila. That is, if national officials get their act together.
MANILA, Philippines – The congestion and shipment delays at the Manila ports are making Philippine exports highly uncompetitive, as most ports do not have to contend with a similar cause — a truck ban policy, according to two prominent leaders of the business community.
MANILA, Philippines – A ranking administration lawmaker questioned yesterday the decision of the Philippine Ports Authority (PPA) to allocate billions of pesos for “renovations” of existing ports instead of constructing more modular ports badly needed in many parts of the country.
MANILA, Philippines – The joint venture company between Harbour Centre Port Terminal Inc. (HCPTI) and San Miguel Corp. (SMC) has paid over P90 million in cash to absorbed laborers at the Manila North Harbor for their past service benefits.
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PORT RUMORS: At the North Harbor, while the business community has hailed the entry of Metro Pacific Investments Corp. and Harbour Centre in the modernizing and managing of the port, efforts continue to sabotage the awarding of the contract.
PORT UPGRADE: The modernization of the decrepit North Harbor in Manila, now a mere shadow of the crown jewel of the transport industry that it used to be, is long overdue.