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Baltimore bridge collapse could lead to delayed shipments, higher shipping costs

The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Shipping giant warns of global transport disruptions

Maersk has put customers on notice that risks in the Red Sea may persist for months      Danish shipping major AP Moller-Maersk has warned of significant disruptions to the global shipping network due to the elevated risk of attacks in the Red Sea.   "While we hope for a sustainabl.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Health targets will deliver better outcomes for New Zealanders

The coalition Government's commitment to five key health targets will drive better outcomes for all New Zealanders, in the concluding announcement to its 100 day plan.Health Minister Dr Shane Reti announced the targets in Whangrei, saying they represented a vigorous new direction in health from a Government determined to deliver for all New Zealanders. "These five.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Nickel Asia sets net zero targets

Mining firm Nickel Asia Corp. is strengthening its commitment toward sustainability as it submitted its emissions reduction targets to the global Science Based Targets Initiative......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 11

SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

March inflation climbs to 3.7% due to soaring food, transport costs

The country's inflation accelerated to 3.7%, driven by increased food and transportation costs, according to the Philippine Statistics Authority's report on Friday......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 31

JAKARTA -- The authorities of Indonesia's Batam Island officially started on Sunday the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost trade between the two countries. The direct shipping service was initiated by Persero Batam and the Batam Concession Agency in collaboration with SITC International Holdings, a Hong Kong-based shipping logistics company. (Indonesia-Chi.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

Game developers generate $2.4 million in export sales

Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024

Manila-based shipping firm eyes resumption of Davao-Lupon ferry services

DAVAO CITY (MindaNews/February 20) – A Metro Manila-based shipbuilding company is eyeing to resume the Davao City – Lupon, Davao Oriental ferry boat operation in October, a City Council official said Tuesday. Councilor Conrado Baluran, Committee of Transportation and Communications chair, said that shipping firm Pinoy Catamaran proposed the possibility of servicing the stalled ferry […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

US strikes Houthi anti-ship missiles, shipping disruptions grow

The anti-ship missiles targeted in the strikes were being prepared by Yemen's Houthis for firing into the Red Sea and deemed 'an imminent threat' to shipping and US Navy vessels in the region, says the US military.....»»

Category: newsSource:  rapplerRelated NewsJan 19th, 2024

NZ support for strikes against Houthis

Foreign Minister Winston Peters and Defence Minister Judith Collins KC today expressed New Zealand support for strikes against Houthi targets in Yemen threatening commercial shipping in the Red Sea."Today's strikes support international security and trade, on which New Zealanders rely," Foreign Minister Winston Peters said. "Nearly 15 per cent of global trade flows thr.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Worker shortage, rising costs to slow healthcare growth

The expansion of the country’s healthcare industry may slow this year on rising costs and shortage of medical practitioners even as the demand for health services among Filipinos is on an uptrend......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Government announces independent review of forestry ETS costs

Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective."Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government," Mr McClay says."We have iden.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Palworlds Monthly Server Costs Reach $500k – The Daily Guardian

Title: Palworld’s Phenomenal Success Puts CEO in a Bind: Rising Server Costs Threaten Bankruptcy Subtitle: Indie Game Palworld Surpasses Records with 19 Million Copies Sold,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

DTI allows manufacturers to downsize certain goods to offset rising costs

MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

DALI targets 950 stores by year-end

DALI Everyday Grocery plans to open at least 300 new branches in Luzon as it targets to expand its total stores to as much as 950 by the end of the year, a ranking executive said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Globe 1st listed PH firm to REACH Net Zero targets

Globe 1st listed PH firm to REACH Net Zero targets.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Mandaue targets COPC compliance by March 2024

Mandaue targets COPC compliance by March 2024.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024