Manila: The new Office for Competition (OFC) of the Department of Justice and the Philippine Ports Authority have entered into a memorandum of agreement to ease port cargo congestion.
The MOA aims to “simplify business operations in ports, encourage competition and improve the competitiveness of the country’s trade and industries that depend on seaborne export or import.”
Under the deal, the OFC will carry out a port sector study to look into the level of competition, port efficiency, and regulatory framework. [03/07/13]
