The Supply Chain Management Association of the Philippines (SCMAP) is creating collaboration groups to address seven identified supply chain “pain points” that hinder the…
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BOC, PEZA in renewed partnership to further automate operations
The Bureau of Customs (BOC) and Philippine Economic Zone Authority (PEZA) have signed a memorandum of agreement (MOA) renewing their cooperation to further improve…
PPA introduces new logo
The Philippine Ports Authority (PPA) has unveiled a new logo as part of its bid to transform itself into a more transparent, reliable, and…
PH port group bats for scrapping of some shipping charges
Philippine port users and stakeholders are proposing the discontinuation of several fees imposed by agents of international shipping lines, claiming these are “unjust” and…
BOC order limits officers with authority to issue alerts
Only the chief of the Philippine Bureau of Customs (BOC), his authorized representative, and district collectors are now authorized to issue alert orders. Customs…
PIDS study advises stronger long-range planning for infra program
The Philippine government should improve its planning and programming systems, both at the national and agency levels, as its Build, Build, Build infrastructure program…
US import tariffs may also hit American consumers—think tank
While the protectionist tariffs on imported solar panels and washing machines are expected to drag down some Asian countries’ exports, U.S. consumers may also…
Joint NEDA, Cabinet committees okay Subic-Clark railway project
The National Economic and Development Authority Investment Coordination Committee-Cabinet Committee (NEDA ICC-CabCom) has approved the Subic-Clark Railway Project, which will provide rail freight connection…
PH spurns P327M in EU trade aid
The Philippine government has rejected a EUR6.1-million (P327.4 million) trade assistance project from the European Union, head of European Commission Delegation to the Philippines…
BOC order stipulates how to assess goods newly subject to higher excise tax
While waiting for implementing rules and regulations (IRR) of the Tax Reform for Inclusion and Acceleration (TRAIN), commodities with increased excise tax under the…
Asian airlines book highest cargo growth in 7 years
International air cargo demand for Asia-Pacific airlines registered in 2017 its strongest full-year growth in seven years, according to the Association of Asia Pacific…
WCO launches 2018 theme, calls for securing supply chain
The World Customs Organization (WCO) has unveiled “A Secure Business Environment for Economic Development” as its slogan in 2018, introduced formally on January 26…
CMA CGM’s new mega flagship to sail on Asia-Europe lane
French shipping giant CMA CGM has announced the arrival of its new flagship, the first of an order of three 20,600 twenty-foot-equivalent unit (TEU)…
Hanjin unveils 20,600-TEU vessel built in Subic
South Korean shipbuilder Hanjin Heavy Industries and Construction-Philippines Inc. (HHIC-Phil) on Jan 25 unveiled one of the biggest ships ever built in the world,…
Trump says will reconsider TPP trade deal if ‘substantially better’
U.S. President Donald Trump said on January 25 that he would reconsider U.S. participation in the revised Trans-Pacific Partnership (TPP) trade deal if it…
Shipping, environment groups call for carriage ban on non-compliant fuel
Environmental organizations and the global shipping industry are calling for an explicit prohibition on the carriage of non-compliant marine fuels when the global 0.5%…
Trans-Pacific carriers’ forum breaks up
The Transpacific Stabilization Agreement (TSA) has announced that it is ceasing its operations. “After almost 30 years of acting as a strong voice for…
BOC chief warns against extortionists using his name
Philippine customs commissioner Isidro Lapeña has denied any link to individuals using his name to extort money from importers and customs brokers. Reports reached…
PUC elects officers for new term
Col. (ret) Rodolfo De Ocampo has been re-elected as president of the Port Users Confederation for 2017 to 2019. Atty. Oscar Sevilla and Noemi…
IMF raises global growth forecast as economic recovery strengthens
The International Monetary Fund (IMF) has raised its global growth forecast for 2018 and 2019 by 0.2 percentage point to 3.9% due to increased…