The remaining 11 member countries of the Trans-Pacific Partnership (TPP) announced on November 11 they will proceed with the free trade deal even without…
TPP deal resuscitated without US
The Latest
ASEAN, HK ink free trade, investment pacts
Economic ministers from the Association of Southeast Asian Nations (ASEAN) and Hong Kong signed two free trade and investment pacts on November 12, calling…
City, regional gov’ts sign pledge for faster climate action
The Bonn-Fiji Commitment was signed November 12 by local and regional leaders from around the world at their UN Climate Change Conference summit to…
Logistics firm Worklink is Chelsea Logistics’ latest acquisition
Chelsea Logistics Holdings Corp. (CLC) has acquired local logistics company Worklink Services, Inc. (WSI) in line with its ongoing effort to expand operations and…
Lapeña warns of latest racket using his name for spurious fund drives
Philippine Customs Commissioner Isidro Lapeña said there is no truth to the text messages circulating of him soliciting money through a certain Atty. Vasquez…
PAL strengthens Davao hub with new local flights
Philippine Airlines (PAL) has opened three new routes from Davao—a boost to the flag carrier’s domestic route expansion program, this time from Mindanao. On…
WCO to launch annual theme for 2018 in January
The World Customs Organization (WCO) announced it will formally unveil its theme for next year entitled “A Secure Business Environment for Economic Development” in…
Qatar Airways’ entry in Cathay Pacific could bring complications—analysts
The acquisition by Middle Eastern carrier Qatar Airways of shares in Cathay Pacific Airways is expected to potentially complicate the Hong Kong flag carrier’s…
BOC chief issues protocols on drug operations
Philippine Customs commissioner Isidro Lapeña has issued rules for proper handling of apprehended drugs to avoid a repeat of the multi-billion peso methamphetamine hydrochloride…
VN, NZ identify 3 new focus areas for customs cooperation
The customs agencies of Vietnam and New Zealand will implement a cooperation program over the next two years that will focus on three areas…
PIL takes delivery of 11,800-TEU box ships
Pacific International Lines (PIL), a Singaporean container ship operator, has recently taken delivery of two new container ships, each with more than 11,000 twenty…
Immediate adoption of e-AWB in PH urged
The Philippine air cargo industry should not wait for government to mandate the use of electronic messaging and electronic submission of air waybill and…
ICC, Malaysia sign pact to boost dispute resolution in Asia
The International Court of Arbitration of the International Chamber of Commerce (ICC) and the Kuala Lumpur Regional Centre for Arbitration (KLRCA) have signed a…
WCO releases latest illicit trade report
The World Customs Organization (WCO) has released the 2016 Illicit Trade Report, its flagship publication on cross-border smuggling of contraband. The report tries to…
Formal entry queueing system extended to MICP
The Bureau of Customs (BOC) has extended to the Manila International Container Port (MICP) the implementation of a queueing system for its Formal Entry…
NorthRail dispute settled out of court
North Luzon Railways Corporation (Northrail) has concluded an out-of-court settlement agreement over its dispute with China National Machinery & Equipment Corp. Group, now named…
Rerouting, transport bans to prevail during ASEAN Summit
The Philippine government has set restrictions for air, water, and land transport operations before, during, and after the 31st Association of Southeast Asian Nations…
18 luxury cars intercepted at Manila port
Eighteen luxury cars worth more than P107 million were seized by the Bureau of Customs (BOC) due to undervaluation and incomplete documents. The shipments…
Lack of infra, onerous processes hinder ASEAN economic integration
Inadequate physical facilities, cumbersome procedures, and varying international business standards are the major stumbling blocks in sustaining the free flow of goods among Association…
BOC books highest monthly collection of P42B in Oct
An increase in import value resulting from a higher foreign exchange rate and oil price as well as improved valuation and classification brought in…
