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PortCalls May 12, 2021

Our latest issue (PortCalls; May 12 2021.) Stories include:

PH stays in recession as GDP contracts 4.2% in Q1

Cebu Pacific bares massive P7.3B net loss in first quarter

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

BOC hires Naga-based BPO Digital Minds for call center service

AyalaLand Logistics income up 10% in Q1 on tight cost cutting

BOC seeks comments on rules for raw materials management system

Philippine Span Asia Carrier to digitalize fleet management

Pandemic-hit Mactan-Cebu airport operator cuts deal with lenders

PEZA chief wants ecozone workers included in A4 vaccination priority group

Freight rates hit new high in April on delayed Suez crisis impact

EO signed raising pork import MAV to 254,210 MT

Air freight prices strengthen as demand outstrips capacity

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