Asian air carriers can look forward to further growth in passenger and cargo markets in the second half of 2017, as June continued the…
Robust passenger, cargo demand forecast for Asian airlines in 2H
The Latest
Developing Asia on course for further growth—IMF
The pickup in global growth recovery remains on track, the International Monetary Fund (IMF) said in its latest World Economic Outlook (WEO) report, maintaining…
WTO members record lowest monthly average in new trade restrictions
World Trade Organization members implemented 74 new trade-restrictive measures from mid-October 2016 to mid‑May 2017, the lowest monthly average since the financial crisis of…
Fines for late e-air cargo manifest submissions in PH start Sept
The Philippine Bureau of Customs (BOC) is planning to impose penalties on late submissions of the electronic air freight manifest by September, or three…
Will We Learn to Share?
Some call it a “battle”—a battle to save ride-sharing services Uber and Grab from the clutches of government. It sounds dramatic, and deliberately…
WTO members push for a fisheries subsidies pact by December
A number of World Trade Organization (WTO) members are reiterating calls for a fisheries subsidies agreement to be reached by December at the 11th…
Look Beyond Shipment Visibility with Logistics ERP
The cargo volume of small and medium-scale companies in the supply chain may not be as much as large companies, but this does not…
Shipping consolidation hurts Westports’ earnings, throughput
Malaysian port operator Westports Holdings Bhd saw its container volume and income decline in the second quarter of the current year largely as a…
Duty-, tax-free privilege for balikbayan boxes starts August
After months of delay, overseas Filipino workers (OFWs) and Filipinos residing abroad may start sending August 1 their balikbayan (personal effects) boxes to the…
BOC: No legal basis to claims of jurisdiction overlap with PPA
The Philippine Bureau of Customs (BOC) emphasized there is “no legal basis” to claims its proposed rules for establishing customs facilities and warehouses (CFWs)…
BOC June collection up marginally
The Philippine Bureau of Customs (BOC) posted P35.8 billion revenues in June 2017, a 1.4% increase from the P35.3 billion it collected in the…
Solution to slow container deposit returns in PH mulled
The Association of International Shipping Lines (AISL) is exploring the possibility of requiring a company check instead of cash deposit from shippers and forwarders…
3 BOC employees charged with accepting bribes
The Bureau of Customs (BOC) has filed administrative charges against three customs employees of its Manila International Container Port (MICP) office after they were…
Talks on P10B MICT-Calamba cargo rail project resume
MRail Inc. said it has resumed talks with state-run Philippine National Railways (PNR) on the proposed P10-billion cargo rail project that will connect the…
Additional PAL screening for portable electronic devices bound for US
All portable electronic devices (PEDs) larger than a cell phone or smartphone brought along by passengers of Philippine Airlines (PAL) bound for the United…
Chelsea Logistics final IPO price is P10.68
Domestic shipping line Chelsea Logistics Holdings Corporation (CLC) will list its shares on the Philippine Stock Exchange (PSE) at P10.68 apiece on August 8.…
MRT-7 construction done by 2019
Philippine Transportation Secretary Arthur Tugade reaffirmed plans to complete construction of the Mass Railway Transit (MRT)-7 by the fourth quarter of 2019. During a…
Thai exports hit 6-year high on improving global economy
Thailand’s exports in the first half of 2017 have hit a new high, thanks to global economic recovery, according to statistics from the Ministry…
Myanmar’s foreign trade by sea up $1.3B since April
The value of trade by sea between Myanmar and other countries topped US$6.8 billion from April to mid-July of the current year, or $1.3…
PPA ready for global challenges as it marks 43rd anniversary
The Philippine Ports Authority (PPA) is celebrating its 43rd founding anniversary this year with the theme “43 years of Responding to Global Challenges in…
