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APEC intensifies customs checks against timber smuggling

Asia-Pacific Economic Cooperation (APEC) member economies are strengthening cooperation in customs control of illegal trade in timber and timber products sourced from the region.…

August 23, 2017
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Malaysia’s economy tops forecast with robust 5.8% Q2 growth

The Malaysian economy delivered strong growth in the second quarter of 2017, beating expectations and prompting Bank Negara Malaysia to forecast the country’s GDP…

August 21, 2017
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Tons of fake products intercepted in WCO anti-piracy drive

The World Customs Organization (WCO) said it has successfully wrapped up operations against counterfeiting and piracy in the Asia-Pacific region with a large haul…

August 21, 2017
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Cargo bright spot as Cathay Pacific sustains heavy H1 loss

Severe rivalry has dragged Cathay Pacific Airways deeper into negative territory with a reported attributable loss of HKD2.05 billion (US$262.2 million) for the first…

August 21, 2017
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BOC beats H1 revenue target by 11.3%

The Philippine Bureau of Customs (BOC) has exceeded its collection target for the first semester by 11.3%, posting more than P212.16 billion in duties…

August 19, 2017
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3PL/4PL

2GO income plunges 79% on restatement adjustments, higher oil prices

Integrated Philippine transport solutions provider 2GO Group, Inc. reported a 79% decline in net income to P120.1 million for the first half of 2017…

August 19, 2017
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PH stakeholders support house bills on maritime safety conventions

Various stakeholders voiced their support for two bills that seek to implement protocols on maritime safety, security and pollution prevention during initial deliberations on…

August 19, 2017
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3PL/4PL

LBC group delivers 6.9% growth in H1 profit on strong logistics earnings

Courier and remittance company LBC Express Holdings, Inc. (LBCEHI) reported a net income of P442.586 million for the first half of 2017, which is…

August 19, 2017
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CebPac, Cebgo unveil new domestic and SEA flights

Low-cost Philippine carrier Cebu Pacific is expanding its domestic network and its presence in Southeast Asia with four new routes aimed at improving accessibility…

August 19, 2017
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Customs & Trade

PH GDP growth on track with 6.5% expansion in Q2

The Philippine economy grew faster at 6.5% in the second quarter of 2017 with the recovery of the agriculture sector and pickup in government…

August 19, 2017
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Vietnam registers return of trade surplus in second half of July

The Vietnamese economy posted a trade surplus of nearly US$430 million in the second half of July after many consecutive months of deficit, according…

August 18, 2017
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Arcade City activates hundreds of PH drivers

Arcade City launched its service in the Philippines yesterday in the aftermath of Uber’s suspension by the Land Transportation Franchising and Regulatory Board (LTFRB) which affected…

August 17, 2017
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Maersk group posts Q2 loss; cyberattack to impact Q3 earnings

A.P. Moller-Maersk registered a surprise loss in the second quarter year-on-year due to a write-down of the value of its tanker and port assets,…

August 17, 2017
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Customs & Trade

BOC collection up in first 7 months but below target

Revenue collection by the Philippine Bureau of Customs (BOC) in the first seven months of the year reached P246.98 billion, an 11.48% increase from…

August 16, 2017
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ATI first-half net income soars 16.8% on higher box volumes

Listed port operator Asian Terminals Inc. (ATI) said its first-semester results got a boost from the sustained growth of international containerized cargoes at its…

August 16, 2017
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Maritime

Lorenzo Shipping narrows loss to P78M in first semester

Philippine carrier Lorenzo Shipping Corporation (LSC) has reported a narrowed net loss of P78.447 million in the first half of 2017, brought about by…

August 16, 2017
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Ports/Terminals

PH admin’s 2018 budget allots P27.7B for rail infra

The Philippine government is allocating P27.72 billion of the proposed 2018 budget for the upgrade the country’s rail infrastructure, including the construction of Phase…

August 16, 2017
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Customs & Trade

Duterte seeks P4.2B extra budget to hire over 3,000 customs employees

Philippine President Rodrigo Duterte is asking Congress to appropriate P4.2 billion so the Bureau of Customs (BOC) can hire more than 3,000 personnel—or double…

August 16, 2017
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PAL to inaugurate nonstop Manila-Auckland flights Dec 6

Philippine Airlines (PAL) will be introducing December 6 this year nonstop flights on its Manila-Auckland (MNL-AKL) route, a major product upgrade from its current…

August 16, 2017
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Ports/Terminals

PH investment coordinating body approves P57.5B infra projects

The Philippine Investment Coordination Committee (ICC)-Cabinet Committee has approved six new big-ticket projects worth a combined P57.494 billion that are meant to, among others,…

August 16, 2017
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The Latest

APEC intensifies customs checks against timber smuggling

Malaysia’s economy tops forecast with robust 5.8% Q2 growth

Tons of fake products intercepted in WCO anti-piracy drive

Cargo bright spot as Cathay Pacific sustains heavy H1 loss

BOC beats H1 revenue target by 11.3%

2GO income plunges 79% on restatement adjustments, higher oil prices

PH stakeholders support house bills on maritime safety conventions

LBC group delivers 6.9% growth in H1 profit on strong logistics earnings

CebPac, Cebgo unveil new domestic and SEA flights

PH GDP growth on track with 6.5% expansion in Q2

Vietnam registers return of trade surplus in second half of July

Arcade City activates hundreds of PH drivers

Maersk group posts Q2 loss; cyberattack to impact Q3 earnings

BOC collection up in first 7 months but below target

ATI first-half net income soars 16.8% on higher box volumes

Lorenzo Shipping narrows loss to P78M in first semester

PH admin’s 2018 budget allots P27.7B for rail infra

Duterte seeks P4.2B extra budget to hire over 3,000 customs employees

PAL to inaugurate nonstop Manila-Auckland flights Dec 6

PH investment coordinating body approves P57.5B infra projects

Subic Freeport Expressway open until Jan 15

Skyway Stage 3 connecting SLEX with NLEX partly opens on Dec 29

Expressway toll fees waived on New Year’s Eve, Day

No toll on SMC, MPTC expressways during the holiday

DOTr places P367B order for MM subway train cars

Subic Freeport Expressway open until Jan 15

Skyway Stage 3 connecting SLEX with NLEX partly opens on Dec 29

Expressway toll fees waived on New Year’s Eve, Day

No toll on SMC, MPTC expressways during the holiday