Philippine port congestion is hurting the economy

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A ban on trucks in Manila between 5am and 9pm, to prevent “monstrous traffic”, has led to severe congestion at the port. Despite the subsequent opening of a “trade lane” to allow trucks to get to the port, there are still severe backlogs, and the government is becoming increasingly concerned about the impact on the economy. Food prices have hit a five-year high, while consumer prices are hovering near a three-year high. The government is appealing to shipping lines to visit other ports instead to ensure supply chain flows.