Singapore’s manufacturing output improved 5.0% year-on-year in May 2017, with production growing at 13.1% if biomedical manufacturing is excluded, according to the Singapore Economic…
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Poor data sharing takes toll on shipping, study finds
The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration,…
Fitch foresees strongest world growth since 2010
The recovery in global growth is strengthening and is expected to pick up to 2.9% this year and peak at 3.1% in 2018, the…
Airports log continued rise in freight throughput
Global air freight volumes continued their upward momentum in April 2017, while global passenger traffic achieved record levels for the month, according to data…
PH customs brokers seek deferment of e-submission of air manifest
The Chamber of Customs Brokers, Inc is requesting the Philippine Bureau of Customs (BOC) to defer the strict implementation of the “switch-on” mode for…
Boeing hikes forecast for new airplane demand
Aircraft manufacturer Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued…
Private sector proposals to build new PH airports on hold
The Philippine Department of Transportation (DOTr) has set aside for now unsolicited proposals to establish new air hubs, saying its current focus is short-term…
Shipping confidence highest in three years, survey finds
The confidence of shipping stakeholders reached its highest rating over the past three years in the period March to May 2017, according to a…
Box freight rates rise on strong Q1 performance
Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable recovery in the…
7 aeronautics firms keen to invest in KLIA Aeropolis
Seven investors are expressing interest in investing in the Kuala Lumpur International Airport (KLIA) Aeropolis, according to Malaysia Airports Holdings Berhad (MAHB). “There are…
HCPTI permit to operate Harbour Centre extended by 10 years
The Philippine Ports Authority (PPA) has extended by a decade the permit of Harbour Centre Port Terminal, Inc. (HCPTI) to operate Harbour Centre, its…
PH plans yearend NSW linkup with ASEAN Single Window
After five years, the Philippines is expected to finally connect to the Association of Southeast Asian Nations (ASEAN) Single Window by December this year,…
Namsung ship makes inaugural stop in Manila
Namsung Shipping’s MV Starship Ursa recently made its maiden call at the Manila International Container Terminal (MICT). The vessel berthed at MICT on June…
Ban on light trucks along EDSA, Shaw stays for 3 more months
The Metropolitan Manila Development Authority (MMDA) has extended the uniform light truck ban on EDSA and Shaw Boulevard for another three months after having…
Revised draft order lays down conditions for establishing PH customs facilities
The Department of Finance (DOF) and Bureau of Customs (BOC) have issued the revised draft order for establishing, maintaining, and operating customs facilities and…
BIR establishes new timetable for processing importers’, brokers’ certificates
The Philippine Bureau of Internal Revenue (BIR) has issued a new schedule for receiving applications for and releasing the importer’s clearance certificate (ICC) and…
PUV modernization program eyes total overhaul of PH road transport system
The Department of Transportation (DOTr) has launched the Public Utility Vehicle (PUV) Modernization Program, a comprehensive, long-term project designed to make PUVs safer and more…
Building of Laguna segment of P35B CALAX project starts
Construction works on the 18-kilometer Laguna section of the Cavite-Laguna Expressway (CALAX) project have officially begun. The Laguna section is part of the proposed…
Cebu Pacific dominates cargo, passenger traffic on Manila-Sydney route
Low-cost carrier Cebu Pacific continues to capture the lion’s share of both passenger and cargo traffic between Sydney and Manila going into the first…
CCBI to charge members P10 lodgement fee starting next month
The Chamber of Customs Brokers, Inc. (CCBI) has re-launched its decade-old program that requires members to pay P10 per formal entry lodgement. The fee…