The Latest
WTOI points to sustained trade growth in Q1
Trade recovery seen in 2017 should continue, with solid trade volume growth expected in the first quarter of 2018, says the latest World Trade…
Automotive logistics firms urged to brace for supply chain changes
The automotive logistics sector is undergoing fundamental change as manufacturers and suppliers adjust to new technology that is reshaping operations and business models, according…
US imposes anti-dumping duties on pipe fittings from China
The U.S. Department of Commerce has issued an affirmative preliminary determination in the anti-dumping duty (AD) investigation of imports of cast iron soil pipe…
Double Dragon acquires land for warehouse leasing
CentralHub Industrial Centers, Inc. (CICI), the industrial leasing arm of real-estate company DoubleDragon Properties, Inc. (DD), has acquired a 3.9-hectare property in Iloilo that…
Report cautious on growth of box shipping rates in 2018
The global container shipping industry will see demand outstrip supply in 2018 for the first time in years, but with container liners’ unpredictable supply…
Smuggled luxe vehicles will be condemned, not auctioned: BOC
In compliance with the directive of Philippine President Rodrigo Duterte, the Bureau of Customs (BOC) will condemn rather than auction off seized smuggled luxury…
Consortium puts forward P350B NAIA development proposal
A consortium comprising seven of the biggest Philippine conglomerates has submitted a P350-billion unsolicited bid to the government for the development of Ninoy Aquino…
WCO, China hold first global cross-border e-commerce summit
The First Global Cross-Border E-Commerce Conference, co-hosted by the World Customs Organization (WCO) and the General Administration of China Customs (GACC), has recognized the…
Singapore signs open skies deal with Kiribati
Singapore has concluded an open skies agreement with Kiribati, liberalizing services between the Southeast Asian country and the sovereign state in the central Pacific…
Indonesian economy given positive outlook
The Indonesian economy continues to perform well, garnering a positive outlook for the medium term from the International Monetary Fund (IMF). The Southeast Asian…
Cebu Pacific to kick off direct flight to Batanes
Low-cost Philippine carrier Cebu Pacific is launching a direct commercial air service between Manila and Batanes on March 25 as a result of an…
ICTSI’s Iraq port investment now on its second phase
International Container Terminal Services, Inc.’s (ICTSI) second phase investment in new container terminal infrastructure is underway at its Basra Gateway Terminal (BGT) at the…
Moratorium on enforcement of truck anti-loading policy extended anew
The Philippine Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr) have once again extended for another six months the moratorium…
Subic is next cruise ship playground in Asia
SUBIC BAY FREEPORT — The Italian-flagged cruise ship Costa Atlantica arrived in Subic Bay Freeport on Feb 10 bringing more than 2,000 passengers, mostly Chinese, to…
Garcia appointed OIC GM at MMDA
President Rodrigo Duterte has appointed Jose Arturo Garcia, Jr. as officer-in-charge (OIC) general manager of the Metropolitan Manila Development Authority (MMDA). Executive Secretary Salvador Medialdea, in…
Deputy collectors, section chiefs of PH ports short of collection targets face relief
Philippine Customs commissioner Isidro Lapeña will relieve deputy collectors and section chiefs of ports that failed to meet their January revenue collection target. “I…
Report documents e-commerce boom in SE Asia
A new report on e-commerce in Southeast Asia (SEA) has released a number of key findings on the region, including those on mobile traffic,…
Maersk posted $356M profit in 2017
A.P. Moller-Maersk did not hit its earnings target for 2017 but said it improved both revenue and profit, the growth primarily driven by its…
Oil, auto, steel, agri sectors on top of BOC audit list
The Philippine Bureau of Customs’ (BOC) reactivated unit, Post Clearance Audit Group (PCAG), has begun to identify importers and industries to investigate as it…