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.
The measure seeks to separate the regulatory and commercial functions of PPA by converting the agency into a Philippine Ports Corporation (Philports) and transferring its regulatory functions to the Maritime Industry Authority (MARINA). Continue reading → PPA separates its regulatory and operational functions through Port Terminal Management Regulatory Framework
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.
Continue reading → PPA suspends port rate hikes and bidding
The International Food Exhibition (IFEX) Philippines resumed the onsite trade show after two and half years of lockdown with the pandemic. Daring and creative companies on food exports were recognized during the Katha Awards 2022. Continue reading → IFEX Philippines recognizes daring and creative food products in Katha Awards 2022
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).
PCCI President George Barcelon, PHILEXPORT President Sergio Ortiz-Luis, Jr., and SCMAP President Pierre Curay, altogether signed a letter expressing their strong support for the House Bill (HB) No. 1400 filed by Rep. Bernadette Herrara-Dy, proposing to decouple the conflicting regulatory and commercial functions of the PPA. Continue reading → Business Organizations uphold the decoupling of the PPA
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.
Following the recent launch of the ULP system on pilot ecozone ports, the Anti-Red Tape Authority (ARTA) officially turned over the system to the LTFRB on 28 June 2022. Continue reading → LTFRB calls for the cooperation of truckers and ports as the ULP kicks off
The United Portusers Confederation, Inc. (UPC), a group of transport and logistics associations, bares its goals on day 2 of the 2022 Ports and Shipping Conference.
Mr. Nelson Mendoza, president of UPC, reported that its mission is to be the “go-to organization for port-related concerns of all port users and stakeholders nationwide.”, and relative to that announced the following as their current goals: Continue reading → Transport and logistics associations bare their goals at the 2022 Ports and Shipping Conference
Dept. of Finance (DOF) Sec. Sonny Dominguez underscored the Duterte Administration’s socio-economic reforms over the past six years, including the Ease of Doing Business Act which paved the way for efficient delivery of public services. The DTI was also commended for the efficient implementation of this law, which remarkably increased the competitiveness of the country’s business climate. Continue reading → DOF underscores the Duterte administration’s Game-Changing reforms
President Rodrigo Roa Duterte ratified the Public Service Act (PSA) amendment during the ceremonial signing of the law in Malacañang on Monday, 21 March 2022.
This amendment will generate more jobs and lower business costs in the country. The definition of public utilities is limited to industries such as the distribution and transmission of electricity, petroleum and petroleum products, pipeline transmission systems, water pipeline distribution, wastewater pipeline systems, seaports, and public utility vehicles. The above mentioned are the only industries subjected to the 40-percent foreign ownership restriction on public utilities as mandated by the 1987 Constitution. Continue reading → PRRD ratifies Public Service Act amendment