Singapore has unveiled its maritime industry roadmap with the aim to grow the sector’s value-add by SGD4.5 billion (US$3.4 billion) and create over 5,000…
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Indonesia releases anti-dumping report on VN, China steel
The Indonesian Anti-Dumping Committee (KADI) recently announced a statement of essential facts on the anti-dumping investigation of color-coated steel sheets imported from Vietnam and…
China box port posts 66% profit hike on strong volume traffic
Shanghai International Port has reported fast growth in net profit last year as trade growth pushed up shipping demand. In a recent unaudited report…
Boeing presents new unmanned cargo drone
Aircraft maker Boeing has unveiled a new unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype that will be used to test and evolve…
Vietnam lodges WTO complaint over US anti-dumping duties on fish
Vietnam has filed a complaint against the U.S. with the World Trade Organization (WTO), challenging Washington’s anti-dumping measures against Vietnam’s exports of fish fillets.…
DBM to assist BOC in finding a fuel marking service provider
The Philippine Bureau of Customs (BOC) has tapped the Department of Budget and Management-Procurement Service (DBM-PS) to procure a service provider that will implement…
Megawide, SSS eye joint proposal for NAIA overhaul
Megawide Construction Corporation and state-run Social Security System (SSS) are planning to jointly submit an unsolicited proposal to rehabilitate and operate the Philippines’ main…
PH inks $380M loan with ADB for Mindanao infra dev’t
The Philippines and the Asian Development Bank (ADB) have signed a loan agreement that aims to improve Mindanao’s links to international trade corridors and…
6 Miascor staff axed, charged with theft at Clark airport
Clark International Airport Corp (CIAC) on Jan 12 filed theft charges against six employees of ground handler Miascor involved in a pilferage incident at the…
Indonesia to relax restrictions on importing goods
The Indonesian government has revealed plans to ease controls on import goods to facilitate trade and reduce the workload of the Directorate General of…
US trade body votes to continue probe on alleged Chinese aluminum dumping
A U.S. trade panel has voted to continue anti-dumping and anti-subsidy duty investigations on Chinese aluminum products despite China’s strong dissatisfaction with the move.…
2017 air freight to nearly double 2016 growth
Airport freight volume gains have maintained momentum after a rapid increase during the second and third quarters, reaching a 5.3% growth year-over-year in October…
Royal Cargo invests in technologies enabling optimum efficiency
Specialized logistics service provider Royal Cargo has adopted new technologies and upgraded its systems infrastructure to enhance productivity and efficiency in preparation for the…
Under TRAIN Law, documentary stamp tax on B/L up 100%
Stamp tax on several documentations, which include bills of lading and certificates, has doubled under the Philippines’ new Tax Reform for Acceleration and Inclusion…
DOTr gets P51.4B budget for 2018, up 11%
The Philippines’ Department of Transportation (DOTr) received an 11% hike in budget for 2018 to carry out improvements in the country’s water, air, road,…
NLEX toll operator allots P19B capex for 2018
Tollway company NLEX Corporation (NLEXC) is setting aside around P19 billion in 2018 for various projects aimed at helping solve Metro Manila’s daily traffic…
PH manufacturing output continues slide in Nov, but rebound seen in 2018
Philippine manufacturing output is expected to recover in 2018 following three consecutive months of decline since September 2017. In the Monthly Integrated Survey of…
Coast Guard hands over to BOC rice confiscated at Zamboanga port
More than 60,000 sacks of smuggled rice seized in Zamboanga Sibugay have been officially turned over by the Philippine Coast Guard (PCG) District South…
TWG to study bill requiring PH truck drivers to attend driving school
The Philippine Lower House Committee on Transportation (COTr) has approved the creation of a technical working group (TWG) to fine tune and further deliberate…
PH trade up 11.8% in Nov
The Philippines’ total trade grew 11.8% to US$13.71 billion in November 2017 from $12.26 billion in the same month in 2016, pushing year-to-date growth…