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Economy

Latest news on economy impacting shipping and logistics

Economy

PH, UAE take first step to FTA talks

December 4, 2023

The Philippines and United Arab Emirates have paved the way for talks on a proposed free trade deal They signed the terms of...

Ecozone applications in Metro Manila eased

December 4, 2023

Ecozone applications in Metro Manila are now being accepted under certain conditions Administrative Order 11 allows applications but only for those with pre-qualification...

DA approves onion imports to meet holiday demand

December 2, 2023

The Department of Agriculture will issue import permits for 17,000 metric tons of red onions and 4,000 MT of yellow onions to meet...

BOC pursues multiple digital projects

December 1, 2023

The Bureau of Customs is actively pursuing multiple projects to digitize processes and enhance trade through technology It has so far digitized 96.39%...

Manufacturing sector records quickest growth in 9 months

December 1, 2023

Philippine manufacturing conditions saw the fastest improvement in nine months The Philippines’ Purchasing Managers’ Index rose to 52.7 in November from 52.4 in...

BOC exceeds collection target by 1.9% from Jan to Nov

December 1, 2023

The Bureau of Customs surpassed its collection target by 1.9% from Jan to Nov 28, 2023 The agency took in P803.24 billion from...

Marine and agro-industrial estates, logistics master plan part of DA food security strategy

November 28, 2023

Agriculture Secretary Francisco Tiu Laurel, Jr. looks to achieve a stable food supply with the development of marine and agro-industrial estates and a...

PH cargo traffic up 4.6% in first ten months

November 28, 2023

Philippine cargo traffic rose 4.6% year-on-year in the first 10 months of the year Foreign cargo volume grew by 6.5% to 145.16 million...

PPA unveils tariffs for Tier 1 ports

November 28, 2023

The Philippine Ports Authority unveiled the tariff for Tier 1 ports under its terminal management policy Administrative Order 10-2023, dated November 17, outlines...