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PPA warns on delays of cargo shipments from China - Vimarsana News

PPA warns on delays of cargo shipments from China

The Philippine Ports Authority (PPA) today (Aug 18) warned of delays in the delivery of cargo with the partial closure of several ports in China due to COVID-19. 1200px-Philippine_Ports_Authority_(PPA).svg PPA urged Philippine-based importers and exporters to make necessary operational adjustmen

Source: mb.com.ph
PPA remits P17.2 B dividends to NG - Vimarsana News

PPA remits P17.2 B dividends to NG

Published May 12, 2021, 5:00 AM The Philippine Ports Authority (PPA) remitted over P17 billion in dividends to the National Government (NG) from 2016 to 2020, more than double the total dividends it remitted in the half decade before the present administration. As of the end of last year, the agency’s P17.17 billion total remittance was 108 percent more than the full-term remittances of the previous administration totaling P8.270 billion from 2010 – 2015, PPA General Manager Jay Daniel R. Santiago reported. “We are happy to announce that the PPA has surpassed the total dividends it post...

Source: mb.com.ph
97% of funds for assistance for critically impacted shipping firms distributed, PPA says - Vimarsana News

97% of funds for assistance for critically impacted shipping firms distributed, PPA says

BusinessWorld February 8, 2021 | 12:04 am Senior Reporter THE Philippine Ports Authority (PPA) said it had released about 97% of the allocated budget for the financial assistance for the shipping companies or operators that had been critically impacted by the coronavirus pandemic. The amount of funds used as of Jan. 26 was P7,458,965.75, according to PPA data that the agency provided to BusinessWorld on Jan. 29. The amount was released to 4,068 beneficiaries, the PPA said. Based on the PPA Memorandum Circular No. 42-2020, the agency was given P250 million under the Bayanihan ...