Since it began operating last year, the National Targeting Centre (NTC) system of the Royal Malaysian Customs Department has been effective in exposing illicit…
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Malaysia delivers fastest quarterly growth in over three years
Malaysia’s economy grew 6.2% year-on-year in the third quarter, the strongest growth since the second quarter of 2014, the country’s central bank said. Growth…
OOCL’s fifth 21,000-TEU newbuild to enter Asia-Europe trade
Orient Overseas Container Line (OOCL) has named the newest and fifth mega unit in its series of six “G Class” container ships on order…
4 BoC deputy commissioners get appointment papers
President Rodrigo Duterte has signed the appointment papers of four deputy commissioners of the Bureau of Customs (BOC). In separate appointment papers dated from…
COP23 unveils campaign to include the ocean in the climate change agenda
The COP23 host country Fiji launched recently the Ocean Pathway Partnership toward formal recognition of the links between ocean and climate change in the…
Vietnam’s trade with APEC up 4 times from a decade ago
The value of trade Vietnam has with Asia-Pacific Economic Cooperation (APEC) member economies has been surging and now accounts for about three-fourths of the…
MPA embraces new technologies to support over 4,600 ships
The Maritime and Port Authority of Singapore (MPA) is introducing service enhancements from November 2017 for the benefit of over 4,600 ships flying the…
UN climate convention details key achievements
Nations on November 18 agreed to launch the next steps towards higher climate action ambition before 2020 at the close of the annual United…
Intra-ASEAN investment reaches record high in 2016
Investment between firms in the 10 member states of the Association of Southeast Asian Nations (ASEAN) rose to a record US$24 billion in 2016,…
ICAO Council, IATA endorse new global aviation security plan
The first International Civil Aviation Organization Global Aviation Security Plan (ICAO GASeP), established this week by the ICAO Secretariat, has been endorsed by the…
PH economy posts 6.9% growth in Q3
The Philippine economy grew 6.9% in the third quarter of 2017, one of the highest in Asia and faster than the projected growth for…
4 ASEAN peers to go live with exchange of Form D via ASW
Singapore and three other Association of Southeast Asian Nations (ASEAN) member countries will transit into the live operation of the ASEAN Single Window (ASW)…
Global economy seen to sustain momentum, grow 3% in 2018
After exceeding expectations in 2017, the global economy is projected to carry forward its current momentum to generate a 3% growth rate through 2018,…
More opportunities await customs brokers as supply chain practitioners
Customs brokers can expand their expertise by scaling up to become supply chain professionals, enabling them to provide value-added service to clients at the…
BOC’s AMO tightens rules on dealing with agents of importers, brokers
From now on, the Philippine Bureau of Customs’ (BOC) Accounts Management Office (AMO) will only transact with authorized representatives of importers and customs brokers…
HK air cargo terminals break three records
Hong Kong, 15 November 2017-Hong Kong Air Cargo Terminals Limited (Hactl) broke no less than three records in the first week of November. In its…
BOC turning to foreign partners for ICT modernization plan
The Philippine Bureau of Customs (BOC) is tapping international institutions for the implementation of its automation project, according to Customs Commissioner Isidro Lapeña. The…
PH exports up 4.3%, imports by 1.7% in Sept
The National Economic and Development Authority (NEDA) expressed support for regional cooperation initiatives that will reduce trade costs and further boost Philippine trade, which…
CCBI gets serious about collecting membership dues, other programs
The Chamber of Customs Brokers, Inc. (CCBI) will start to strictly implement by next year the collection of membership dues as well as the…
PAL swings to net loss in first three quarters
Philippine Airlines (PAL) posted a total comprehensive loss of P3.546 billion for the first nine months of 2017, a significant downturn from the P2.961…