Latest Breaking News On - Uot hontiveros said ina statement on wednesday she the increase in port fees will posea risk of further raising burdensome pricing inflation that may affect how importers price their products - Page 1 : comparemela.com
Senator Risa Hontiveros(File photo) MANILA-Senator Risa Hontiveros has filed a resolution seeking to investigate, in aid of legislation, the administrative orders issued by the Philippine Ports Authority (PPA) that have led to an "excessive" rise in port fees. "These administrative orders are causing distress not only to the shipping operators but also to ordinary consumers. An increase in shipping costs poses a risk of further raising already burdensome pricing and inflation,"Hontiveros said in a statement on Wednesday. She said the increase in port fees will pose a risk of further raising the burdensome pricing of inflation that may affect how importers price their products, which in the end, may negatively affect the general public. In her Senate Resolution No 484, Hontiveros mentioned administrative orders (A.O.) pertaining to the grant of port terminal management contracts to bidders with the highest concession price (No. 12-2018), implementation of a "Cen