Banner Year for PPA

By Tracy Cabrera

Last year was a banner year for the Philippine Ports Authority (PPA) as it generated ₱30.09 billion for FY 2025—the highest in the agency’s long history of service and commitment to promote development and trade across the archipelago by connecting the country’s more than 7,000 islands.

Simply put, PPA continues to make history by sustaining its strong financial momentum with the record-breaking revenue for the previous year, reflecting a significant increase of 8.86 percent from year 2024.

According to PPA General Manager Jay Daniel Santiago, the strong fiscal performance enabled the declaration of the largest dividend remittance the agency has ever recorded.

The PPA Board of Directors approved a dividend declaration amounting to ₱5,334,158,018, equivalent to 52 percent of net earnings for FY 2025, in compliance with Republic Act No. 7656 or the Dividends Law, which mandates government-owned and controlled corporations to remit at least 50 percent of their annual net income to the National Government.

GM Santiago shared that the revenue surge was driven by sustained growth in vessel traffic and cargo throughout, higher storage revenues, strengthened regulatory income following tariff adjustments and favorable gains from dollar-denominated tariffs.

“These factors reflect the continued expansion of maritime trade activities and the effective implementation of (our) revenue optimization and fiscal management strategies,” he pointed out.

With its consistent upward revenue trajectory, PPA is well-positioned to fund ongoing and upcoming port infrastructure projects aimed at enhancing trade facilitation, improving logistics efficiency and supporting tourism growth.

Santiago cited his full commitment to modernizing the country’s ports while introducing strategic reforms. But he credits PPA’s success story more on the collective effort of PPA employees and stakeholders.

From a long-term perspective, the PPA’s financial performance has demonstrated consistent growth. Total revenues have risen from ₱14.32 billion in 2016 to ₱27.64 billion in 2024, with regulatory income increasing from ₱6.82 billion in 2016 to ₱15.68 billion in 2024. This steady rise highlights the agency’s evolving role and its efforts to transform the Philippine port system into a more efficient and globally competitive sector.

Inspired by the promising results, the PPA has reaffirmed its commitment to delivering modern, sustainable and resilient port infrastructure systems that contribute to economic expansion and inclusive national development.