A delegation from the Regional Container Line (RCL), headed by its Mr. Abdul Razak Bin Atan (Regional Head of South East Asia) visited Cotabato City in February to assess the potential trade/cargo traffic to/from BARMM and its environs with the objective of establishing a shipping route between Singapore and Cotabato City. This effort is part of RCL’s initiative of expanding its service to the Philippines by looking at opportunities in Mindanao especially in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).Continue reading “Regional Container Line (RCL) explores trade opportunities in BARMM”
President Ferdinand Marcos Jr. has approved the value-added tax refund program for tourists for implementation by 2024, which aims to attract more foreign visitors.Continue reading “Philippines’ VAT refund for Tourists expects to boost Tourism in 2024”
The Philippines and China pact on Authorized Economic Program (AEO) that offers incentives to traders who collaborate with customs administrations to improve supply chain security. The Agreement will allow both countries to have faster cargo clearance. The Mutual Recognition Arrangement (MRA) for the said partnership was signed during President Marcos’ state visit to China last January 3-5, 2023.Continue reading “PH and China pact on Authorized Economic Operator Program”
Through the Port Terminal Management Regulatory Framework (PTMRF), the Philippine Ports Authority (PPA) implemented the separation of its regulatory and operational functions by privatizing port operations.
PPA has so far privatized 19 ports that are major gateways and is in the process of privatizing more ports.
Department of Transportation (DOTr) Secretary Jaime Bautista expressed that they are considering the decoupling of the conflicting regulatory and development functions of the key transport agencies, namely the Philippine Ports Authority (PPA) and Civil Aviation Authority of the Philippines (CAAP).Continue reading “DOTr considers decoupling conflicting functions of transport agencies”
In compliance with the directive of President Bongbong Marcos to reduce transportation costs, the Philippine Ports Authority (PPA) announced the suspension of port rate hikes and bidding under its Port Terminal Management Regulatory Framework (PTMRF) to give way to its pending review.
In a PortCalls release, it was reported that Department of Transportation Undersecretary Elmer Sarmiento during the 2022 National Maritime Week Celebration also disclosed that PPA is reviewing the possibility to reduce its existing rates.Continue reading “PPA suspends port rate hikes and bidding”
Business organizations, namely Philippine Chamber of Commerce and Industry (PCCI), Philippine Exporters Confederation, Inc. (PHILEXPORT), and Supply Chain Management of the Philippines (SCMAP) once again expressed their support for the decoupling of the Philippine Ports Authority (PPA).Continue reading “Business Organizations uphold the decoupling of the PPA”
Royal Cargo announces IRIS Paoay’s shift of US voyage to intra-Asia service, calling from the Philippines to Thailand and VietNam.
The IRIS Paoay is the first Philippine-flagged ship to sail directly in 30 years, and it has been catering long-haul exports to the US since its maiden voyage on September 23, 2021.Continue reading “IRIS Paoay shifts US voyage to intra-Asia service”
President Ferdinand “Bongbong” Marcos, Jr. (PBBM) vetoed bills institutionalizing the Philippine Transportation Safety Board (PTSB).
The President dismissed the House Bill No. 9030 and Senate Bill No. 1077 – the bills creating PTSB – as it was deemed to duplicate the functions of the Department of Transportation (DOTr) as well as the Philippine National Police (PNP) and the National Bureau of Investigation (NBI).Continue reading “Bills creating the transportation safety board gets a veto from PBBM”
To help the economy recover, the Land Transportation Franchising and Regulatory Board (LTFRB) requests the cooperation of the truckers and ports as the Unified Logistics Pass (ULP) kicks off its implementation.Continue reading “LTFRB calls for the cooperation of truckers and ports as the ULP kicks off”