Total merchandise trade for the Philippines for full-year 2017 increased by 9.9% as imports and exports both posted positive growth rates that are higher…
PH goods trade up 9.9% in 2017
The Latest
Schenker delivers 100-ton tunnel borer from Manila port to Bulacan
Transport and logistics company Schenker Philippines, Inc. has successfully delivered the 100-ton tunnel boring machine of Italian company CMC Di Ravenna. Named Veronica, the…
PH posts fourth month of manufacturing decline in Dec
Philippine manufacturing recorded a decrease in both volume and value in December 2017, said the National Economic and Development Authority (NEDA), adding that this…
BOC chief confident of meeting P598B collection target in 2018
Philippine Customs Commissioner Isidro Lapeña has committed to President Rodrigo Duterte that the Bureau of Customs (BOC) will hit its P598.1-billion revenue collection target…
PAL bags 4-star rating from Skytrax
Philippine Airlines (PAL) has been certified as a 4-star airline by international air transport rating organization Skytrax, making the flag carrier the first and…
Taiwan subsidy for lower sulfur marine fuels insufficient—ship owners
Ship owners have expressed concern over an increase in fuel costs for vessels calling at Taiwan’s ports from 2019—when the state moves to 0.5%…
Airport freight poised for record 2017; passenger traffic still robust
Airport passenger traffic remained healthy in November, while freight volumes shot up and are expected to post record growth in 2017, according to the…
EO identifying DOTr as overseer of MTOs almost ready
The draft executive order (EO) that will designate the Department of Transportation (DOTr) as the Philippines’ competent national body that will oversee multimodal transport…
Higher impex, transshipment volumes propel Subic box traffic
Container traffic at Subic Port grew 12% in 2017 to 139,980 twenty-foot equivalent units (TEUs) from 124,707 TEUs in 2016, according to the Subic…
Tax cut could lead to repatriation of $2T of US overseas investment—report
The United States “Tax Cuts and Jobs Act” will have significant implications for global foreign direct investment (FDI) patterns, affecting multinational enterprises and foreign…
BOC gets new officials, including MISTG depcom
President Rodrigo Duterte has appointed five new officials to the Bureau of Customs (BOC), including Noel Patrick Prudente who will head the Management Information…
PH test link to ASEAN Single Window successful, says DOF
Initial tests to assess the Philippines’ interconnection with other Association of Southeast Asian Nations (ASEAN) economies, starting with Indonesia, via the ASEAN Single Window…
2020 sulfur limit, ballast water control top agenda at IMO meet
The International Maritime Organization’s (IMO) Sub-committee on Pollution Prevention and Response (PPR) is currently holding a week-long meeting, with the implementation of the 0.50%…
APAC ministers commit to cooperate on regional aviation priorities
Asia-Pacific (APAC) civil aviation ministers have endorsed a new formal declaration of their shared commitments on high-priority aviation safety and efficiency objectives, according to…
UPS raises orders for more cargo freighters amid ‘unprecedented’ demand
United Parcel Service (UPS) has ordered 14 Boeing 747-8 cargo jets and four new Boeing 767 aircraft, saying these freighters will provide additional capacity…
New classification decisions made in Harmonized System
The Harmonized System Committee (HSC) made a number of decisions during its 60th Session at the World Customs Organization (WCO) headquarters in Brussels. The…
BOC destroys smuggled luxury cars worth more than P61M
The Bureau of Customs (BOC) destroyed on Feb 6 a total of 30 smuggled luxury vehicles, with a value of more than P61 million,…
BOC makes progress with $200M automation project
The Philippine Bureau of Customs (BOC) has taken the first step to further automate its systems and modernize its processes with the help of…
DOF exec: TRAIN to have positive impact on logistics sector
Higher consumption and the construction of needed infrastructure, which are among the expected results from the Philippine government’s tax reform program, will benefit the…
BOC anti-smuggling unit lodges smuggling cases vs importers of used clothing
The anti-smuggling unit Bureau’s Action Team Against Smugglers (BATAS) of the Philippine Bureau of Customs (BOC) has filed smuggling charges against two Davao-based companies…
