Manila: President Benigno Aquino is wading into the Manila congestion row. Reports from the Philippine capital suggest he will soon issue an executive order temporarily lifting a controversial trucking ban in select areas to help decongest the capital's ports.
The trucking ban has been in place since February.
Estimates made by Citi show that losses arising from the truck ban could range from P61.2bn to P320bn. [06/08/14]