Double-digit growth in exports and imports pushed up by 16.1% the total merchandise trade of the Philippines in February 2017, according to the National…
Export, import surge fuels 16% growth of PH Feb trade
The Latest
PH production output registers 10.7% growth in Feb
The Philippines’ manufacturing sector posted double-digit growth in February, higher than the growth in January but lower compared to the same month last year.…
New 24/7 CAB hotline for distressed passengers
The Philippine Civil Aeronautics Board (CAB) has launched its first 24/7 public assistance hotline as part of a drive to champion the Air Passenger…
Freight rates dip on East-West trade lanes
The World Container Index assessed by Drewry, a composite of container freight rates on eight major routes to and from the U.S., Europe, and…
Asia powered contract logistics growth in 2016—report
The Asia Pacific has emerged as the biggest market for contract logistics, a trend seen to continue in the medium term as the region…
Survey: shippers not happy with service of box carriers
Clients of container shipping lines have expressed dissatisfaction with the service these carriers provide, saying that service quality has deteriorated in the past year,…
BOC rejects Mighty appeal to lift suspension order
The Philippine Bureau of Customs (BOC) has denied Mighty Corporation’s motion to lift a suspension order against its accreditation for failure to present documentary…
PH GDP growth to hit nearly 7% in 2017-2018—World Bank
The Philippine economy is likely to grow close to 7% in the next two to three years, and will remain a top performer in…
Evergreen starts direct Subic-Taiwan-Korea service
Taiwanese carrier Evergreen Marine Corporation is launching a new weekly direct service next week that will connect Subic port with Taiwan and South Korea,…
PAL profit falls 39% even as revenue improves 7.2% in 2016
Philippine Airlines (PAL) reported a 38.9% decline in net income in 2016 to P3.945 billion from P6.460 billion recorded in 2015. Revenues, on the…
2GO Group appoints Dennis Uy as new president, CEO
Dennis Uy has been appointed as the new president and chief executive officer of 2GO Group, Inc. following the retirement of Sulficio Tagud, Jr.…
PH ports security tightened in time for summer break
The Philippine Ports Authority (PPA) has tightened security at all its ports as it expects a busy summer this year. PPA directed over the…
BOC seizes 4 ships in illegal quarrying work in Cagayan
The Philippine Bureau of Customs (BOC) recently seized four vessels in Cagayan province believed to have entered the country illegally after the carriers failed…
Political uncertainty imperils trade recovery in 2017-18, says WTO
The World Trade Organization (WTO) said it expects world trade to grow 2.4% in 2017, up from a very weak 1.3% in 2016, but…
UPS deepens portfolio of dangerous goods transported to 36 countries
International supply chain company UPS said it has expanded its global dangerous goods shipping program by adding more than 400 new commodities that can…
Singapore’s GDP grew 2.5% in Q1
The Singapore economy grew by 2.5% year-on-year in the first quarter of 2017, easing from the 2.9% growth in the previous quarter, according to…
Kuehne + Nagel, Alibaba.com eye expanded partnership
Global logistics company Kuehne + Nagel announced a closer cooperation with Alibaba.com, the B2B business arm of Chinese e-commerce giant Alibaba group, to offer…
Import 101: Frequently Asked Questions
In recent years e-commerce has grown exponentially, with many offshore purchases now done through online sites. Unfortunately, first-time importers have encountered difficulties when clearing…
Draft order outlines PH clearance procedures for air express cargoes
The Philippine Department of Finance and Bureau of Customs (BOC) have released for public comment the draft order guiding the clearance procedures for air…
BOC sets baggage clearance rules for air, sea travellers
The Bureau of Customs (BOC) has issued rules for clearance procedures involving air and sea travelers and crew, as well as their baggage, at…
