• The Philippine Ports Authority (PPA) plans to increase its contribution to the government to as much as P5 billion this year to retain its position as one of the highest remitters among state-run firms.
  • The PPA plans to raise its dividends to the government by 13 percent to P5 billion in 2024 from P4.4 billion in 2023 as finances stabilize on the resurgence of trade and travel activities.
  • For this year, the agency tasked to develop and regulate ports seeks to complete 29 projects as it shifts its focus on greening the docks to ensure that they can withstand climate risks.

https://www.philstar.com/business/2024/01/12/2325093/ppa-targets-p5-billion-dividends-2024