PPA News & Events

PPA income inch-up 16% in 11 months

19 JANUARY 2018, MANILA—The Philippine Ports Authority (PPA) posted a 16% hike in its net income in the January to November 2017 period despite starting the year on a conservative mood.

PPA was able to achieve the feat through its sound financial condition and strong Philippine economic status despite having some concerns with the Philippine peso the entire year.

Latest data from the PPA showed that net income for the period in review reached P8.310 billion or some 16% higher than the P7.164 billion posted a year earlier.

PPA now FOI compliant, bags award

DECEMBER 15, 2017, MANILA—The Philippine Ports Authority (PPA) is now fully-compliant with the requirements of the Freedom of Information (FOI) reinforcing its earlier commitment to be fully transparent to the public.

The PPA has likewise received a recognition from the Presidential Communications Operations Office (PCOO), one of only three Government Owned and Controlled Corporations recognized by the PCOO along with the Authority of the Freeport Area of Bataan (AFAB) and the National Housing Authority (NHA).

PPA, employees’ union sign 3-year Collective Negotiation Agreement

NOVEMBER 23, 2017, MANILA—The management and the employees’ union of the Philippine Ports Authority (PPA) on Tuesday signed a fresh 3-year Collective Negotiation Agreement (CNA) paving the way for symbiotic relationship and top caliber service from the agency.

The PPA management, represented by General Manager Jay Daniel R. Santiago and PPA employees’ union Pambansang Tinig at Lakas sa Pantalan (PANTALAN) represented by national president Emiliano M. Esparaguera, Jr., signed the 6th CNA agreement.

Port of Manila leaps to 32nd spot among top 100 Container ports

OCTOBER 26, 2017, MANILA—The Port of Manila leaps 4 notches higher finishing at 32nd spot in the list of the 2016 top 100 container ports worldwide.

Manila also jumps one step higher to 22 in the list of Asian ports included in the top 100 container ports.

According to the list released by the Lloyd’s List, Manila was able to post very positive performance in 2016 due to the Philippines’ booming national economy that increased 6.8% from 5.9% a year earlier.

Manila port yard utilization remains healthy, ready for Christmas cargoes

MANILA, October 19, 2017—The Philippine Ports Authority (PPA) guarantees an efficient, congestion-free Manila ports as Christmas cargoes start to come in.

The state-owned agency said that Manila port utilization at the start of the last quarter of the year remains healthy and provide enough space for cargoes intended for the holiday season.

PPA nets P5.6B income in Jan-July 2017 period

MANILA, September 11, 2017—The Philippine Ports Authority (PPA) continues to benefit from the country’s sound economic condition posting another strong financial performance as of end July.

The stronger than expected financial performance was complemented by the drop in its overall expenses and the rise in its Fund Management Income (FMI).

Ph cargo throughput soars 7.4% in first half despite Mindanao security issues

MANILA, August 24, 2017—Philippine total cargo throughput posted a 7.42% hike in volume in the first six months of the year due to a favorable business climate.

Almost all aspects of cargo operations, except for loose export cargoes, posted positive performances for the period January to June 2017.

Mindanao ports likewise posted positive performance for the period in review despite experiencing some security issues the past couple of months.