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  1. SBMA Port Operations Revenue Grows 8% in First Half of 2026

    Even though global economic headwinds were very challenging and the economy of the Philippines continued to slow down, revenue of the Port Operations Group of the Subic Bay Metropolitan Authority (SBMA) reached P874 million in the first half of 2026 (8% higher compared to the same period last year), the authorities confirmed.

    To put things in perspective, posted below is an excerpt from the official announcement of the SBMA. Some parts in boldface…

    The Subic Bay Metropolitan Authority (SBMA) today disclosed a robust 8% increase in consolidated gross revenue from its Port Operations Group, reaching Php 874 million in the first half of 2026, compared to Php 806 million in the same period last year.

    This growth was propelled by stronger earnings in the Seaport and Trade Facilitation and Compliance Department (TFCD), despite ongoing global economic challenges.

    SBMA Deputy Administrator III for Operations Group, Ronnie Yambao, attributed the positive performance to strategic initiatives that balanced growth with stakeholder support.

    We successfully navigated a complex global environment while implementing discount measures totaling approximately Php 81 million. These were aligned with Executive Order No. 110 of President Ferdinand R. Marcos, Jr., aimed at mitigating disruptions caused by the fuel supply crisis linked to the Middle East conflict,” Yambao explained.

    Breaking down the revenue contributions for H1 2026:

    The Seaport Department continued to be the primary revenue driver, contributing 78% of the consolidated gross income with Php 683 million—marking a 10% increase year-on-year. This growth was largely fueled by an 18% rise in non-containerized cargo, particularly bulk and break- bulk shipments, which surged 24%.

    Subic Bay International Airport accounted for 14% of the revenue, registering a slight 3% decrease due to lower leasing activities and reduced military logistics operations.

    • Meanwhile, the Trade Facilitation and Compliance Department recorded an impressive 17% revenue increase, boosted by the newly implemented Registration Certificate (RC) Policy which introduced additional fees on trucks, heavy equipment, and regulated goods.

    The notable increase in non-containerized cargo was further supported by an 88% surge in rice imports. This import growth was driven by proactive government measures to secure rice stocks ahead of the anticipated El Niño weather phenomenon.

    The Department of Agriculture (DA) emphasized the critical importance of maintaining sufficient rice inventories in response to potential climate-related production impacts.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that port operations in the Subic Bay Freeport Zone will somehow grow stronger until the end of this year?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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    #agriculture #airport #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #DepartmentOfAgricultureDA #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #exports #Facebook #Fediverse #finance #food #foreignTourists #geek #Google #GoogleSearch #governance #holiday #imports #infrastructure #Instagram #internationalTrade #internationalTravel #Investagrams #investing #investment #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #money #news #Philippines #PhilippinesBlog #Pinoy #PortOperationsGroup #publicService #rice #SBMA #seaport #SeaportAndTradeFacilitationAndComplianceDepartmentTFCD #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayInternationalAirportSBIA #SubicBayMetropolitanAuthoritySBMA #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #WordPress #WordPressCom #worldTravel
  2. French Defence Exports Reach New Heights in 2025

    France's arms exports reached 21.2 billion euros in 2025, driven by sales of Rafale jets to India and missiles, maintaining its position as the world's second-largest arms exporter despite competition from emerging countries.

    #EU #France #DefenceTech #Exports #IndustrialPolicy #Trade

    lemonde.fr/economie/article/20

  3. A Good Product No Longer Sells Itself – Lack of Storytelling Hinders Finland's Growth

    Finland's economic growth is being hindered by a lack of effective storytelling around its products, limiting their global appeal and market expansion.

    #EU #Finland #Economy #Business #Exports

    kauppalehti.fi/uutiset/a/acae9

  4. A status on land use change worldwide:

    "The area used for growing crops grew significantly from 2001 to 2024. Temporary crops (such as wheat, rice and maize) increased by 104 million ha, or 11 percent, reaching 1 081 million ha. Permanent crops (such as cocoa, oil palm and coffee) grew by 59 million ha, reaching 194 million ha in 2024, an increase of over 43 percent."

    The leaders in cropland expansion were in Africa (+78 million ha) and South America (+35 million ha).
    The leaders in cropland contraction were in Northern America (−26 million ha).

    openknowledge.fao.org/items/fb

    #FAO #foodSovereignty #agriculture #crops #land #landUse #LULUCF #trade #internationalTrade #cashCrops #exports

  5. #KriKri accelerates export-led yogurt investment from Serres

    Kathimerini reported on 16 August that Kri Kri's EUR 52.2 million Greek Yogurt Dynamo program will double yogurt capacity.

    #EU #Greece #FoodManufacturing #Exports

    kathimerini.gr/economy/5644024

  6. Iowa State Senator Art Staid "used to enjoy long walks, runs and #bicycle rides, but at times now uses a #wheelchair.”

    NOTE: Despite headline, Missouri and Illinois aren’t alone in being U.S. states allowing paraquat use.

    stlpr.org/health-science-envir

    Also note: "More than 70 countries, including every nation in the #EuropeanUnion, ban #paraquat. That includes #China, which #exports millions of pounds of it to the U.S.

    "Grant Niver, who testified in support of the bill as a senior state government relations manager with the Michael J. Fox Foundation, said up to 78% of #Parkinson’s diagnoses could be attributed to #environmental factors.”

  7. THE LATEST #NEWS AT THIS HOUR:

    #US #BLOCKADE HALTS #IRANIAN #OIL #EXPORTS FROM #KHARG #ISLAND: According to the Financial Times, no #tanker has loaded at the Kharg #terminal for at least a week since the U.S. #naval #blockade was reinstated.

    ft.com/content/6bc9c93d-1b75-4

  8. Growers find expanding markets to save bumper avocado crop from oversupply
    By Sophie Johnson and Jennifer Nichols

    The avocado industry is experiencing another high-volume crop, but unlike previous years with oversupply, the fruit is finding a market.

    abc.net.au/news/2026-08-05/bum

    #HorticultureIndustry #Exports #AgriculturalMarketing #SophieJohnson #JenniferNichols

  9. #Lithuania plans to open an embassy in #Brazil in October 2026. Foreign Minister Kestutis Budrys said that the #embassy would help boost #exports to #Mercosur countries. Currently, Lithuania has a consulate general in São Paulo.

    viabaltica.fi/lithuania-foreig

  10. AB InBev reports Q2 revenue growth as beer volumes recover

    AB InBev said Q2 2026 revenue rose 5.6%, beer volumes grew 1.1%, and underlying EPS rose 23.4%.

    #EU #Belgium #ConsumerGoods #Beer #Results #Exports

    businesswire.com/news/home/202

  11. What separates China from other countries is aid directed at the private sector (in general) but rather how its directed.

    US & EU aid (of various sorts) is the mechanism by which damage from globalisation is managed; in China the focus is on its export strategy; sectors getting most support are those that the Chinese state wants to see expand their exporting.

    This is likely about democracy (US/EU Govt's responding to voters' pain) while in China that plays little role?

    #China #exports
    h/t FT

  12. Aussie wine exports plunge as drinkers cut back worldwide
    By Nicolas Perpitch and Lucy Murray

    A new report reveals Australian wine exports have dropped to their lowest level in 22 years amid cost of living pressures and a global decline in alcohol consumption.

    abc.net.au/news/2026-07-30/aus

    #AlcoholicDrinks #Exports #Viticulture #NicolasPerpitch #LucyMurray

  13. Swedish Attana signs two-year service agreement with UC San Diego

    Swedish biotech-tools company Attana signed a two-year Performance Care Essential agreement with the University of California San Diego for service and support of two Attana Cell 250 systems.

    #EU #Sweden #LifeSciences #Biotech #Exports #Contracts

    news.cision.com/se/attana

  14. Polish Nitro-Chem signs UK explosives-production cooperation letter

    Polish reporting said Nitro-Chem signed a letter of intent in Kraśnik that could see the Polish defence company help Britain produce energetic materials.

    #EU #Poland #Defence #Manufacturing #Exports #Materials

    radar.rp.pl/modernizacja-sil-z

  15. Eni takes final investment decision on Cyprus’s Kronos gas development

    Greek-language reporting says Eni has taken the final investment decision for development of the Kronos field in Block 6 of Cyprus’s EEZ, with first exports expected in 2028.

    #EU #Cyprus #Energy #Gas #Exports #Infrastructure

    protothema.gr/greece/article/1

  16. Slovakia remains a net electricity exporter in first half

    Energie-portal reported SEPS data showing Slovakia’s net electricity exports rose almost 20% year on year to 1.074 TWh in H1 2026.

    #EU #Slovakia #Energy #PowerGrid #Exports #Infrastructure

    energie-portal.sk/Dokument/112

  17. Saturday, July 25, 2026

    Military factory in Russia's Kirov in flames after reported Flamingo cruise missile attack . . . . . Fire reported overnight at Engels air base, home of Russia's heavy bombers . . . . . From crypto bans to shadow fleet seizures, EU gets creative with Russia sanctions . . . . . Russia has lost 1,436,100 troops in Ukraine since Feb. 24, 2022 . . . . . and more

    activitypub.writeworks.uk/2026