Singapore Customs announced it is doing away with the manual endorsement of the release of export goods leaving licensed warehouses and zero-GST warehouses in…
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European exporters assail ‘unexplained’ capacity crunch
The European Shippers’ Council (ESC) has expressed concern about the capacity crunch in liner shipping and the way ship owners are handling it. In…
Asia’s growth still not independent of the West, says analyst
Strengthening integration and intraregional trade in Asia may cushion the impact of external demand shocks, but it does not make the region less vulnerable…
USTR cites ‘pervasive’ corruption, restrictive policies as PH investment barriers
Corruption, restrictive import policies, and delays in processing of permits and clearances are among the barriers to American exports and investments entering the Philippines,…
CCBI labels as unfair suspension process for erring customs brokers
The Chamber of Customs Brokers, Inc. (CCBI) is set to meet with Philippine Customs Deputy Commissioner Natalio Ecarma III to tackle the issue of…
DTI, WB to publish first PH logistics performance report in June
The Department of Trade and Industry-Supply Chain and Logistics Management Division (DTI-SCLMD) has partnered with the World Bank (WB) to assess the Philippines’ logistics…
BOC March collection up 3% from target
The Philippine Bureau of Customs (BOC) collected P37.654 billion in duties and taxes in March 2017, up 3% from the month’s revenue goal and…
PH immigration agency to create dedicated port unit, get additional staff
The Philippine Department of Budget and Management (DBM) has approved the request of the Bureau of Immigration to create a new office to complement…
BOC discovers P500M worth of fake apparel in warehouse raid
Agents of the Philippine Bureau of Customs (BOC) recently raided several warehouses in Marilao, Bulacan, and seized counterfeit products valued at P500 million. BOC…
Harbor Star 2016 profit jumps 49% on strong earnings from most services
Marine services provider Harbor Star Shipping Services, Inc. (HSSI) reported a 49% surge in net income for 2016 as a result of stronger operating…
Metro Pacific conditionally closes acquisition deal with logistics firm
A subsidiary of Metro Pacific Investments Corporation (MPIC), PremierLogistics, Inc., has conditionally closed the acquisition of certain assets and businesses of Ace Logistics, Inc.…
PH customs agents seize 4 marijuana pouches at Pasay warehouse
The Philippine Bureau of Customs (BOC) recently intercepted a package containing marijuana valued at P102,900 at the Central Mail Exchange Center warehouse in Pasay…
DOTr kicks off Oplan Biyaheng Ayos for Lenten break
To prepare for the influx of passengers during the Lenten season, the Philippine Department of Transportation (DOTr) has ordered the Oplan Biyaheng Ayos: Semana…
Pelindo urged to fast-track port project in Indonesia’s West Lombok
Indonesian Transport Minister Budi Karya Sumadi has asked state-owned port operator PT Pelabuhan Indonesia (Pelindo) III to speed up completion of the Gilimas port…
Logistics facilities face growing security threat as industry goes 24/7/365
Port, road, rail, and air facilities in Australasia are increasingly looking at ways to enhance site security amid rising cases of theft, commercial data…
Developing Asia drives global growth but faces risks ahead, says ADB
Growth is picking up in two-thirds of economies in developing Asia, supported by higher external demand, rebounding global commodity prices, and domestic reforms, making…
PPA consults stakeholders on 25-year port roadmap
The Philippine Ports Authority (PPA) recently conducted a national ports summit to get recommendations from stakeholders and port managers for the first 25-year roadmap…
PH domestic trade keeps momentum in Q4 2016
The Philippines’ domestic trade sustained its positive performance in 2016, increasing 25.8% in quantity in the fourth quarter of last year to 6.21 million…
P17M worth of fake goods seized at Manila port
A shipment of smuggled counterfeit products with an estimated value of P17 million has been seized by agents of the Philippine Bureau of Customs…
MPTC allocates P153B for road projects
Metro Pacific Tollways Corporation (MPTC) is spending P153 billion this year until early next year for its public-private partnership (PPP) and expansion projects involving…