By Conrado Banal
Surely the guys down here in my barangay (village) knew that the congestion at the piers, at the premier Port of Manila, was one major reason why, in the past several months, prices of some imported basic items went up by, at times, more than 500 percent.
The Philippine Economic Zone Authority (Peza) hopes to further extend until next year the grant of an incentive that cuts by half the port fees for exporting companies that use the Batangas International Port for their shipping requirements.
By Amy R. Remo
The Export Development Council (EDC) has urged the government to issue a policy or an executive order that will shift foreign cargoes from the Port of Manila to the Port of Batangas and other newly developed international ports across the country.
International Container Terminal Services Inc., the country’s biggest port operator, has taken in one of the world’s biggest container shipping firms as a partner in its Nigerian venture, a stock exchange filing showed Monday.
By Miguel R. Camus
Ports operator International Container Terminal Services Inc. (ICTSI) has completed the sale of its controlling stake in Cebu International Container Terminal Inc. for P1.65 billion, a stock exchange filing showed Tuesday.