The Philippine Bureau of Customs (BOC) seized on April 24 a 40-foot container at the Port of Manila after X-ray machines revealed a backhoe…
Misdeclared backhoe, forklift seized at Manila port
The Latest
PPA: Sufficient Manila ports capacity during ASEAN meet
The Philippine Ports Authority (PPA) guarantees sufficient capacity at the ports of Manila despite possible disruptions brought about by strict security measures for the…
HK’s exports value in March improves 16.9%
The value of Hong Kong’s total goods exports rose 16.9% year-on-year in March, while that of goods imports increased 13%, the Census & Statistics…
Evergreen’s new KTP service makes maiden call at Subic
Taiwan-based carrier Evergreen Marine Corp. has started a new service that connects South Korea, Taiwan, and the Philippines. The South Korea-Taiwan-Philippines (KTP) service plies…
First Jakarta-LA direct sea cargo route launched
Indonesia’s main sea hub Tanjung Priok Port in North Jakarta has officially opened the first direct cargo route connecting Jakarta and Los Angeles in…
No sail zone in Manila during ASEAN Summit
The Philippine Coast Guard (PCG) is implementing a “no sail zone” policy in several Manila areas during the 30th Association of Southeast Asian Nations…
PAL awaits delivery of 2 new B777s for US, UK operations
Philippine Airlines (PAL) will be deploying two new Boeing 777–300 ER units on flights to London and to the U.S. once the airplanes are…
£4.5B UK facility offered for PH infra
The United Kingdom’s £4.5 billion (US$5.8 billion) export-import facility can be tapped by the Philippines as one of its financing options for its massive…
BOC overshoots first-quarter target collection by 0.6%
The Philippine Bureau of Customs (BOC) collected P104.9 billion in revenue for the first quarter of the year, up 0.6% from its target of…
Chelsea Logistics eyes IPO
Philippine passenger and cargo carrier Chelsea Logistics Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to…
ICTSI proposes construction of multi-billion peso overpass to MICT
Port operator International Container Terminal Services, Inc. (ICTSI) is improving access to and from its flagship operation, Manila International Container Terminal (MICT), with two…
Importer registration process at BOC drafted
The draft order covering the process of importer registration at the Philippine Bureau of Customs (BOC) has been released. Position papers on the draft…
P48.5B Cavite-Laguna road project OK’d, to open by 2020
The P48.5-billion Cavite-Laguna Expressway (CALAX) project has been approved by the Philippine Board of Investments (BOI). Scheduled to start commercial operations in July 2020,…
Trump ‘biggest risk’ to trade: port magnate
US President Donald Trump, Jr. is today’s biggest risk to global trade, according to port and casino tycoon Enrique Razon, Jr. “Trump is the…
LBC Express net income leaps 120%; growth plans unveiled
Courier and remittance company LBC Express Holdings, Inc. reported a 120% surge in net income for 2016 to P913.9 million from P416.3 million in…
Mighty’s legal woes mount as BIR mulls more charges
Philippine cigarette manufacturer Mighty Corp. is facing a string of additional criminal complaints involving tax liabilities of over P27 billion for the alleged possession…
DOTr to relocate to Clark by midyear
The Philippine Department of Transportation (DOTr) will be transferring its main office to Clark, Pampanga in July this year, leading plans to relocate government…
World seaborne trade sustaining robust volume growth
Seaborne trade in 2016 jumped to more significant volumes after the slight growth recorded in 2015, as the shipping industry remains “a strong and…
Exports by Vietnam’s FDI firms slide 13%
Foreign-invested companies continue to dominate the Vietnamese export scene despite posting a decline in the first half of April, latest customs statistics show. Exports…
HKIA logs 17.8% growth in cargo in March
Hong Kong International Airport (HKIA) recorded significant growth in cargo volume in March 2017, propelled by higher export orders. During the month, cargo traffic…
