Delays in landing imports also affecting shipments of meat
PHOTO COURTESY OF ICTSIPORT CONGESTION is also delaying the unloading of frozen meat, an importers group said, potentially adding another imported commodity to the list of items that cannot be brought to market promptly to mitigate high prices.“One of the
Initial work starts on preparing three ports to serve offshore wind farms
INSUNG YOON-UNSPLASHTHE Philippine Ports Authority (PPA) has kicked off the process of repurposing three ports to service the nascent offshore wind (OSW) industry, according to the Department of Energy (DoE).“The PPA has formally expressed its full support to the DoE
Rules currently favor imports in 2-wheel EV market, Honda says
GLOBAL.HONDAHONDA Philippines, Inc. said imports are currently a better option than local production in the two-wheel electric vehicle (EV) market, based on the rules now in place.“The Philippine regulations call for zero duty, which is good for imports. So it
FPIP Batangas commercial center expected to open by early 2026
FPIP.COMFIRST PHILIPPINE Industrial Park (FPIP) is building a three-story mixed-use hub in Santo Tomas, Batangas, which is expected to boost employment at the economic zone from the current staffing level of over 70,000.FPIP Plaza will offer 15,000 square meters of
PHL climate financing hits record $3.13B in 2023
PHILIPPINE STAR/ MICHAEL VARCASTHE PHILIPPINES obtained a record $3.13 billion (P174.23 billion) from multilateral lenders to fund projects aimed at mitigating the effects of climate change, the European Investment Bank (EIB) said.The 2023 total was 7.67% higher than the $2.91