The Philippine Ports Authority (PPA) will remit to the Bureau of the Treasury (BTr) more than P3 billion in dividends for 2017, a 54-percent increase from 2016’s P1.956 billion and the biggest it has contributed since 1986.
In a statement on Tuesday, PPA said the amount “eclipsed by at least 30 percent all the dividends it remitted to the government, at least in the last decade, including its erstwhile record of P2.158 billion” in 2015.
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