The International Maritime Organization (IMO) Assembly has adopted seven strategic directions to support the implementation of the United Nations Sustainable Development Goals and the…
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PH shipping, trucking rates seen to rise with fuel excise tax hike
Philippine cargo transport service providers said the higher excise tax on petroleum products to be implemented by next year under the recently passed Tax…
Quick handling of PH alert orders given renewed emphasis
Philippine Customs Commissioner Isidro Lapeña has reiterated that priority must be placed on the examination and disposition of shipments covered by alert orders. The…
Competition commission deepens review of Udenna’s entry in 2GO
The Philippine Competition Commission (PCC) Mergers and Acquisitions Office (MAO) has moved on to a second phase review of Udenna Corporation’s acquisition of shares…
PH production volume down 6.5% in Oct
Improvement in the delivery of business-related government services as well as innovation across all firm sizes must be aggressively pursued to aid manufacturing output,…
Fil-Indian consortium leads bidding for Clark airport project
Megawide-GMR Consortium has submitted the lowest financial bid for the engineering, procurement and construction (EPC) of the Clark International Airport (CRK) expansion project, besting…
Chelsea Logistics’ newly acquired vessels to hike earnings 10% by late 2017
Chelsea Logistics Holdings Corp’s (CLC) new vessel acquisitions are expected to increase fleet capacity by 10% and “should start to have meaningful contribution to…
CMA CGM introduces SERENITY as solution to damaged or lost goods
French shipping company CMA CGM Group has announced the launch of “SERENITY by CMA CGM,” an innovative offering that deals with unforeseen events during…
PH Oct exports up 6.6%, imports by 13.1%
The National Economic and Development Authority (NEDA) says continued export growth, economic cooperation, and trade facilitation initiatives will sustain trade gains, as total trade…
DOTr orders tighter security for Christmas season
Maritime agencies under the Department of Transportation (DOTr) are set to activate this week contingency and security measures to ensure the safety and comfort…
P522M in fake fashion brands confiscated in warehouse raid
Hundreds of boxes of fake products with an estimated worth of P521.93 million were seized by agents of the Bureau of Customs (BOC) on…
Project Repeal acts on over 970 regulations to cut red tape
A total of 976 issuances from 12 government agencies, including the Department of Transportation (DOTr) and some of its attached agencies, have been repealed,…
Survey highlights key trends reshaping logistics industry
Disruption is one of the biggest trends that senior logistics professionals believe will present both major challenges and opportunities in their industry, according to…
BOC: Filing of consumption entries, tax payment required at initial bonded warehouse of discharge
The Philippine Bureau of Customs (BOC) has issued a new order for the mandatory filing of consumption entries and payment of duties and taxes…
Mindanao box terminal throughput up in first three quarters
Container traffic at Mindanao Container Terminal (MCT) increased 8.7% in the first nine months of 2017 to 168,944 twenty-foot equivalent units (TEUs), up from…
San Diego stays on as PH ship agents’ president
Wallem Philippines Shipping, Inc.’s Arnel San Diego has been reelected president of the Philippine Ship Agents Association (PSAA) for 2018. Almost all of PSAA’s…
World Bank to lend mayors $4.5B for climate change initiatives in their cities
The Global Covenant of Mayors for Climate & Energy and the World Bank Group announced a new partnership that will provide technical and financial…
WTO to initiate talks on e-commerce, investment facilitation and MSMEs
Three proponent groups announced new initiatives to advance talks at the World Trade Organization (WTO) on electronic commerce, investment facilitation, and micro, small and…
UN report: East Asia remains world’s most dynamic region
East Asia will remain the world’s most dynamic and fastest growing region, the robust short-term growth outlook driven by resilient domestic demand and an…
PH reelected to IMO Council, improves category ranking
The Philippines has been reelected to the council of the International Maritime Organization (IMO) under Category C for the biennium 2018-2019. Obtaining 124 of…