The Philippine Ports Authority (PPA) surpassed its target revenues for 2024 when it collected a total of P27.30 billion, which is considered the highest since the establishment of the agency in 1974.
The Philippine Ports Authority surpassed its target revenues for 2024 when it collected a total of P27.30 billion, which is considered the highest since the establishment of the agency in 1974.
Santiago attributed the good revenue collection to strategic reforms to take advantage of the development of new business opportunities along with the external trade in goods last year which amounted to $16.15 billion from the data of the Philippine Statistics Authority. Santiago said the excellent fiscal performance of the PPA can also be attributed to the management's strategic policy changes and the successful implementation of the Port Terminal Management Regulatory Framework .
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