Shipping industry backs bill seeking devolution of PPA’s regulatory functions - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

THE PHILIPPINE Liner Shipping Association (PLSA) has expressed support for a proposed measure that seeks to strip the Philippine Ports Authority (PPA) of its regulatory functions. READ

“In principle, we support the devolution of the regulatory functions of PPA,” PLSA President Mark Matthew F. Parco toldThe current setup of PPA, an attached agency of the Department of Transportation , allows it to function as a “for-pro“It makes sense that the regulatory power is not with the port corporation,” he added.led a bill seeking to reorganize the PPA by separating its regulatory and commercial functions.

“Through the years, the port users, including domestic shippers, exporters, and importers, have complained of low service levels, inefficient port operations and ever-increasing port charges,” Ms. Herrera-Dy said in the bill’s explanatory note.cient barrier to increased trade and undermines the country’s competitiveness,” she added.

Under the bill, PPA will be converted into Philports to handle development, management and operation of public ports. Philports will collect port fees and dues approved by MARINA, which will fund port development, modernization, and expansion, among others. The OECD said the Philippines should enact a measure to “ensure the separation of PPA’s functions, avoid conflicts of interest, and ensure that PPA is incentivized to develop, modernize and expand its ports.”

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 9. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stocks seen to pull back after robust Q2 results - BusinessWorld OnlineThe Philippine Stock Exchange index (PSEi) posted gains on Friday, inching up by 39.23 points or 0.57% to close at 6,863.86, while the broader all shares index went up by 15.80 points or 0.43% to 3,635.57. READ:
출처: bworldph - 🏆 9. / 68 더 많은 것을 읽으십시오 »