The rapid growth of the mega boxship fleet is one of the key factors driving trends in boxship “cascading” on global trade lanes, according…
Mega boxship fleet rises to 36% of Asia-Europe deployed capacity
The Latest
Laos, Cambodia seen to maintain strong economic growth
The economies of Southeast Asian nations Laos and Cambodia are predicted to remain strong in the near term, according to new country reports released…
HK, Singapore exports expand as global economy strengthens
Singapore posted higher-than-expected growth in trade and non-oil merchandise exports in the first quarter of the year, leading to upward adjustments in forecasts for…
Draft BOC rules give directions for marking imported goods
The Philippine Department of Finance (DOF) and the Bureau of Customs (BOC) have issued a draft order outlining guidelines for marking imported goods of…
ODA, state budget to fund upgrade of 5 PH airports
The proposed modernization of five regional airports in the Philippines will be pursued either through official development assistance (ODA) or government funding, according to…
10 deals, including on transport, inked during Duterte visit to Russia
The Philippines and Russia signed 10 cooperation agreements including those on cooperating in the areas of transportation and trade during Philippine President Rodrigo Duterte’s…
Moro Gulf, Basilan Strait transit corridor created to combat piracy
The Philippine Department of Transportation (DOTr) has issued a memorandum circular on the establishment of a transit corridor in Moro Gulf and Basilan Strait…
BOC collection in April down 5%
The Philippine Bureau of Customs (BOC) collected P31.1 billion in April 2017, a 5% decline from the P32.7 billion earnings it achieved in the…
PH ports, airports under heightened alert amid Marawi clashes
Security measures have been stepped up at Philippine ports and airports following clashes between Islamist militants and government troops in Marawi City, Lanao del…
ICTSI withdraws from Nigerian port project
Lekki International Container Terminal Services LFTZ Enterprise (LICTSE), the subsidiary in Nigeria of port operator International Container Terminal Services, Inc. (ICTSI), has terminated its…
Cebu Pacific discontinues flights to 3 Mideast destinations
Philippine-based low-cost carrier Cebu Pacific Air will be suspending its services to and from three Middle East countries by June and July, saying the…
BOC uncovers shabu lab concealed in a Cagayan warehouse
Agents of the Philippine Bureau of Customs (BOC) serving a warrant of seizure and detention (WSD) for three vessels in a compound in Cagayan…
Asian air cargo carriers lift 9% higher volume in April
International air cargo and passenger demand showed encouraging expansion in April on the back of sustained growth in the global economy, traffic figures from…
Singapore GDP growth slows in first quarter
Singapore’s economy grew by 2.7% year-on-year in the first quarter of 2017, easing from the 2.9% growth in the previous quarter, the Ministry of…
Hapag-Lloyd seals union with UASC
German carrier Hapag-Lloyd and Kuwait-based rival United Arab Shipping Company (UASC) completed their merger on May 24, the union strengthening Hapag-Lloyd’s position as the…
EO revises duty for certain PH import commodities
President Rodrigo Duterte has signed several executive orders (EO) modifying the rates of duty for several products imported into the Philippines. The new executive…
BOC to buy 20 speedboats, other equipment for P465M border security project
The Philippine Bureau of Customs (BOC) intends to spend P465.155 million to procure new equipment for its intensified border security program. In separate invitations…
PH gov’t withdraws 5 airport projects from PPP program
The Philippine government has decided to terminate the procurement plan for the modernization of five regional airports using the public-private partnership (PPP) scheme, as…
Ex-military officer is new chief of MMDA; DoTr resignations
Former brigadier general Danilo Lim has been appointed as the new chairman of the Metropolitan Manila Development Authority (MMDA). Executive Secretary Salvador Medialdea confirmed…
Smuggled motor vehicles seized at Manila port valued at P3M
The Philippine Bureau of Customs (BOC) has seized an estimated P3 million worth of smuggled car and motorcycles at the Manila International Container Port…
