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PH to gain from rise in maritime activity

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The Philippines stands to gain from the rise in maritime activity and investments at the Singapore basin as global trade continues to shift to Asia, the Philippine Exporters Confederation Inc. (Philexport) said over the weekend.

Posted: February 25th, 2013 in Headlines | Read More »

PPA beats revenue goal, collects P8.9B

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Aerial view of Cebu Ports Authority (CIP) operations. Government revenues from the various freight and passenger ports around the country inched up in 2012 amid higher cargo volumes and improved collection efficiency, data showed.  CDN PHOTO/JUNJIE MENDOZA

Government revenues from the various freight and passenger ports around the country inched up in 2012 amid higher cargo volumes and improved collection efficiency, data released last week showed.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

ICTSI to invest $95M in Pakistan project

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Razon-led port operator International Container Terminal Services Inc. expects to invest about $95 million to acquire up to 55 percent of Pakistan International Container Terminal Ltd. (PICT), a container cargo terminal operator at Pakistan’s Karachi Port.

Posted: August 13th, 2012 in Headlines | Read More »

Gov’t urged to develop major eastern cargo port

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The Philippines needs a major cargo shipping hub facing the Pacific Ocean, complementing Manila as the premiere harbor, to maximize the country’s potential as a hub for the movement of goods across the region, a professor from the country’s top business graduate school said.

Posted: July 16th, 2012 in Headlines | Read More »

Shell inks deal with Magsaysay Transport unit

Pilipinas Shell Petroleum Corp. (PSPC) and Islas Tankers Seatransport Corp. (ITSC) recently signed contracts for the time charter of the latter’s two double-hull tankers.

Posted: April 18th, 2012 in Headlines | Read More »

P500M set aside for upgrade of 3 ports

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The government has allotted P500 million for the improvement of cargo sea ports that are key to boosting economic activity in three provinces outside Metro Manila.

Posted: February 21st, 2012 in Editor's Pick,Headlines | Read More »

Business leaders push for more Ro-Ro ports

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Some of the country’s largest companies have reported sharp reductions in transportation and storage costs while increasing cargo and passenger traffic in the country due to the roll-on, roll-off system, business groups said over the weekend. At the same time, the Philippine Chamber of Commerce and Industry (PCCI) and the Employers’ Confederation of the Philippines [...]

Posted: June 5th, 2011 in Editor's Pick,Headlines | Read More »

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