PPA News & Events

PPA nets 22% hike in income for 2015’s first four months

MANILA, JULY 9, 2015—The Philippine Ports Authority (PPA) posted a significant hike in its net income for the first four months of the year due mainly to the hike in cargo traffic in majority of its controlled ports.

Latest data from PPA showed that net income increased by 22.41% to P2.54 billion from P2.08 billion posted in the same period last year. Against the target of P1.36 billion, the actual figure is also higher by 86.47%.

Microsoft Annuity Award by Microsoft Philippines

The Philippine Ports Authority was recently honored with a Microsoft Annuity Award by Microsoft Philippines, Inc. in recognition of the Port Agency's continued support to the Microsoft Industry in the country. In photo are from left: PPA A/GM for Special Projects Hector Miole; DBM-PS Executive Director Atty. Jose Tomas Syquia; PPA Information and Communication Technology Department Manager Elizabeth Follosco; and Microsoft Philippines Inc. Account Executive for Public Sector Dominic Medenilla

Flanders-Belgium explores business opportunities in Ph port industry

MANILA, APRIL 10, 2015—Several business groups from Belgium is looking at business opportunities in the Philippines not only in the port industry but in all aspects of trade in the country.

The members of the Flanders-Belgium, headed by Trade Commissioner Mia Santamaria-Abela, visited the Philippine Ports Authority (PPA), the Manila International Container Terminal and the Manila South Harbor on 27 March 2015 in search for their potential partners.

Tighter port security commences as peak season begins

MANILA, MARCH 24, 2015—Port users, particularly the sea traveling public, can expect tighter security checks starting this week in all PPA-controlled ports ahead of the summer and Lenten breaks, according to Philippine Ports Authority (PPA) General Manager Juan C. Sta. Ana.

Sta. Ana said they are expecting a large number of passengers to flock the ports to take advantage of the break from school and their work.

Gov’t, private sector partnership key in addressing trade bottlenecks

FEBRUARY 20, 2015, MANILA—Transport undersecretary Julianito Bucayan, Jr. stressed the government and private sector partnership in addressing bottleneck issues clouting the Philippines.

Speaking before the delegates to the 8th Ports and Shipping Conference held in Manila recently, Bucayan said both sectors should truly recognize and effectively play their role into coming up with a win-win solution in addressing every concern affecting the Philippine supply chain.

PPA net income rises 15% in 2014 amid congestion woes

MARCH 22, 2015, MANILA—The Philippine Ports Authority (PPA) posted a 15% hike in net income despite the Manila port congestion, which bugged the port for the majority of 2014.

Latest data from the state-owned agency showed that net income after tax reached P4.26 billion from P3.70 billion posted in 2013.

The actual figure is also higher by about 16% compared to the target net income of P3.67 billion or a difference of about P582 million.

PPA appeals to cargo owners to pick up cargoes ahead of Papal visit

The next seven days will make or break the port decongestion efforts being carried out by the government, according to the Philippine Ports Authority (PPA).

PPA said if yard utilization at the two Manila Ports remain at current level during the said period, it will easily bring back the ports to congestion level after the 5-day Papal visit scheduled for January 15 to 19, wherein majority of the activities are concentrated in the City of Manila.

PPA posts 58% hike in net income, donates P20 million for Yolanda recovery

MANILA, FEBRUARY 3, 2014—The Philippine Ports Authority (PPA) posted higher net income in the first 10 months of 2013, enabling the agency to donate P20 million to Yolanda-ravaged areas.

Latest data showed that net income reached P4.87 billion in the January-October 2013 period or about 58.2% higher compared to the P3.08 billion registered in the same period of 2012.

According to PPA General Manager Juan C. Sta. Ana, the rise in net income was due to the constant decrease in the total expenses, which has been dragging the agencies revenue generation measures the past couple of months.