PPA News & Events

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.

Manila, Tacloban ports to remain open during Papal visit

JANUARY 14, 2015, MANILA—The Philippine Ports Authority announced that Philippine ports will remain open during the entire duration of the Papal visit slated for January 15-19, 2015, except for the Manila South Harbor (MSH).

PPA has already advised its stakeholders to take additional measures to reduce the commercial impact of the slowdown in operations to give way to the security measures being put into place to guarantee the Pope’s safety while on Philippine soil.

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