Philippine Customs commissioner Nicanor Faeldon still enjoys the support of President Rodrigo Duterte in spite calls by some legislators for Faeldon to step down…
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LTFRB calls new ridesharing company Arcade City “colorum”
Ridesharing company Arcade City has launched a new mobile app for Android and iOS in the Philippines. But the Land Transportation and Franchising Board…
Air Berlin files for bankruptcy
German carrier Air Berlin filed for insolvency August 15 after its main shareholder Etihad Airways declared it would not be providing further financial support.…
Turkey applies anti-dumping duties on VN polyester yarn
The government of Turkey intends to impose temporary anti-dumping duties on polyester partially oriented yarn (POY) imported from Vietnam. The Turkey General Directorate for…
APAC volumes to stay healthy, steady yearlong—report
The Asia-Pacific region continues to be a region of much opportunity for freight forwarders, although the rest of the year may not be as…
Thailand deposits instrument of accession to Montreal Convention
The Thai government has deposited to the International Civil Aviation Organization (ICAO) Thailand’s instrument of accession to the Convention for the Unification of Certain…
Yang Ming slices Q2 net loss 90% on stronger volumes, sales
Taiwan’s Yang Ming Marine Transport Corporation reported narrowing its net loss in the second quarter of 2017 both year-on-year and quarter-on-quarter as volumes rose…
SG’s NODX growth slows; HK goods exports up
Singapore’s non-oil exports (NOX), which include both non-oil domestic exports (NODX) and non-oil re-exports (NORX), grew year-on-year by 5.7% in the second quarter of…
Vietnam speeds up hiring of foreign consultants for Tan Son Nhat airport upgrade
Vietnam’s Prime Minister Nguyen Xuan Phuc has okayed the hiring of foreign consultants who will conduct studies on the expansion of Tan Son Nhat…
PH moratorium on truck overloading prohibition extended anew
The Philippine Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr) have once again extended for another six months the moratorium…
Quick Reliable, Ceres, Xend partner to boost cargo delivery in Visayas, Mindanao
Supply chain solutions provider Quick Reliable, bus company Ceres, and e-commerce and logistics company Xend Business Solutions have signed a partnership agreement to bolster…
PH external trade shrinks in June after 10 months of expansion
Tapping new markets will enable Philippine trade to bounce back from its slight decline in June 2017, urges the National Economic and Development Authority…
PH manufacturing gets boost from higher local, overseas demand
The Philippine manufacturing sector grew by an average of 10% in the first six months of 2017 due to sustained domestic and improved external…
Harbor Star income down 42% in second quarter
Marine services provider Harbor Star Shipping Services, Inc. (HSSSI) has reported a net profit of P25.6 million in the second quarter of 2017, which…
Cebu Pacific’s income sinks 43.6% in first half
Low-cost carrier Cebu Pacific Air’s net income went down to P4.334 billion for the past six months ended June 30, 2017, or 43.6% lower…
Clark airport set to remit P76M to government treasury
Clark International Airport Corp. (CIAC), which operates Clark International Airport (CRK), can now remit to the national coffers after being unable to contribute in…
Transport connectivity at core of Central Visayas economic blueprint
Central Visayas (Region VII) aims to distribute economic growth among its municipalities by linking up major urban centers, key production areas, and market centers,…
PAL strengthens Manila-London route with new B777s, more flights
Philippine Airlines (PAL) is all set to boost its operations between Manila and London Heathrow by deploying its state-of-the-art 370-seater Boeing 777-300s on the…
Chelsea Logistics seeks out port development, takeover deals
Newly listed Philippine company Chelsea Logistics Holdings Corp. (CLC) is on the lookout for opportunities to go into port development and acquire other logistics…
Second BOC official quits amid P6.4B shabu smuggling probe
Neil Anthony Estrella has tendered his resignation as director of the Philippine Bureau of Customs (BOC) Intelligence and Investigation Service (CIIS) following the resignation…