PPA MEMORANDUM CIRCULAR NO. 05-2008, February 29, 2008
TARIFF RATE INCREASE ON VESSEL-RELATED CONTAINER HANDLING SERVICES AT SOUTH HARBOR AND MANILA INTERNATIONAL CONTAINER TERMINAL
1st Tranche – 5% increase on the rates that are in effect since 18 January 2008 per PPA Operations Memorandum Circular No. 01-2008, with said increase to take effect thirty (30) days after the publication of this Circular in a newspaper of general circulation;
2nd Tranche – 7% increase effective 01 January 2009 on the rates that are in effect since 18 January 2008 per PPA Operations Memorandum Circular No. 01-2008 (a total of 12% increase over the 18 January 2008 tariff rates); provided, however that a review by PPA Management shall be conducted prior to the implementation of the 7% increase.
This Memorandum Circular shall take effect thirty (30) days after publication in a newspaper of generation.
Adopted: 29 Feb. 2008
(SGD.) ATTY OSCAR M. SEVILLA
General Manager