Asia-Pacific airlines continued to transport higher freight volumes in October despite a deceleration in global airfreight demand month-over-month, according to data released by the…
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Air cargo sets vibrant volume records in Oct
Worldwide airfreight volumes in October 2017 increased by a robust 6.9% year-over-year, but revenue growth in U.S. dollars is even more impressive, expanding 20.5%…
BOC posts record collection in Nov
The Philippine Bureau of Customs (BOC) collected P46.470 billion in November, the highest monthly collection in its history, preliminary figures from the bureau’s Financial…
Maersk obtains final regulatory approval to buy Hamburg Süd
Danish global shipping liner Maersk Line has gotten the final regulatory green light to acquire German carrier Hamburg Süd, announced A.P. Moller-Maersk November 30.…
Singapore tech alliance established to boost ties with China’s digital sector
International Enterprise (IE) Singapore has launched a new group that will form links between Singaporean technology companies, entrepreneurs, and investors and China’s digital ecosystem…
US self-initiates probe on Chinese aluminum dumping
The United States will be self-initiating antidumping duty (AD) and countervailing duty (CVD) investigations of imports of common alloy aluminum sheet (common alloy sheet)…
Customs chief bars gatekeepers, customs police from terminal gates
Customs commissioner Isidro Lapeña on Monday ordered the immediate removal of some customs personnel assigned at the terminal gates to simplify customs processes. The policy…
Global economy strengthening but weaknesses persist—OECD
The world economy has strengthened, with monetary and fiscal stimulus underpinning a broad-based and synchronized improvement in growth rates across most countries, according to the…
Maersk strengthens executive board with 3 more appointees
A.P. Moller-Maersk has announced the appointment of three high-ranking officials to its executive board to strengthen the management of the company. The board will…
Malaysian task force chasing down customs receipt forgers
The head of Malaysia’s customs department said they have formed a special unit to go after syndicates forging the customs official receipt (COR) and…
Customs chief to relieve CIIS team
All members of the Customs Intelligence and Investigation Service (CIIS) will be relieved from office, Customs Commissioner Isidro Lapeña has announced. Lapeña, during the…
Box volume at Davao terminal seen to top 2017 target by up to 10%
Davao City, Philippines— Davao International Container Terminal (DICT) expects to surpass its 2017 target of 300,000 twenty-foot equivalent units (TEUs) as volumes improve with…
DTI allows pre-shipment test on cement imports
The Philippine Department of Trade and Industry (DTI) has issued a revised department administrative order (DAO) allowing pre-shipment testing of cement at select and…
Fuel marking on petrol products to be implemented next year, says DOF
The Department of Finance (DOF) expects the fuel marking and monitoring system mandated under the proposed tax reform law to be in place by…
DTI identifying PH exporters to join online Asian trading platform
The Department of Trade and Industry (DTI) has partnered with the Pan-Asian e-Commerce Alliance (PAA), a group of value-added service providers from 11 Asian…
Jetstar Asia mounts inaugural Clark to Singapore flight
Jetstar Asia Airways’ inaugural flight from Singapore was welcomed with a water cannon salute by the Clark International Airport Corporation (CIAC) Emergency Services Department upon…
Royal Cargo beefs up cold chain capability in anticipation of holiday demand
Specialized logistics service provider Royal Cargo is strengthening its logistics and cold chain capabilities in preparation for the Christmas season. The company’s more than…
BOC busts more attempts to smuggle luxury vehicles
The Bureau of Customs (BOC) on November 27 seized P24.2 million worth of used luxury cars and overweight steel products at the Manila International…
Marina tells PH-registered ships to address cyber risks
The Maritime Industry Authority (Marina) is requiring all shipping companies with Philippine-registered vessels to take into account cyber risk management in their safety management…
Harbor Star purchases 60% of GenSan-based renewable energy provider
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI), through wholly owned subsidiary Harbor Star Energy Corporation (HSEC), has acquired 60% of shareholdings in…