Philippine Airlines (PAL) will soon launch Chengdu-Kalibo and Chengdu-Cebu flights, enabling Chinese passengers to land directly in Central Philippines. With seven international and 13…
The Latest
SMIC pays $124.5M for 34.5% stake in 2GO
Holding company SM Investments Corporation (SMIC) paid US$124.5 million to acquire a 34.5% stake in 2GO Group, Inc. through the latter’s majority shareholder and…
Indonesia files protest vs EU, US over import duties on biodiesel
A formal protest has been filed by Indonesia over what it regards as high import duties exacted by the European Union and the United…
ASEAN and UN coordinate sustainable development goals
The Association of Southeast Asian Nations and the United Nations are discussing steps to align the ASEAN community’s vision with the UN goals of…
Soekarno-Hatta Airport to build bonded logistics complex
Indonesia’s state-owned airport operator PT Angkasa Pura II, through its subsidiary PT Angkasa Pura Kargo, is preparing to open a zone of bonded logistics…
82 members implement WCO’s HS 2017
More than 80 contracting parties have applied the latest edition of the Harmonized System (HS) of tariff nomenclature, according to the World Customs Organization…
PH rules on operation of customs facilities, warehouses proposed
The draft order that provides guidelines for the establishment, operation, supervision, and control of customs facilities and warehouses (CFWs) in the Philippines has been…
Backbone
I wish I remembered the exact quote. It’s a shame I don’t, as I just heard this last night as of this writing, from…
Who Gets to Decide Degree of Disability of Seafarer?
In determining the degree of disability of a seafarer, should the assessment of the company-designated physician prevail over that of the physician appointed by…
The Making of A Digital Logistics Enterprise
As logistics companies strive to be at the forefront of innovation, they need to take time to think over their strategy for making their…
Draft PH customs ruling details conditional tax, duty exemption for certain imports
The draft order governing the grant of conditional tax and/or duty exemptions for certain importations listed in Section 800 of the Customs Modernization and…
PH to get 6M euros trade-related technical aid
The European Union has committed EUR6.1 million (P327.4 million) in continued assistance to the Philippines’ effort to promote trade and investment for further economic…
Maersk Line looking at digital booking to cut costs
The Maersk group is eyeing increased digitalization that will see booking with the giant liner company taking place in mere seconds, saving time and…
WCO zooms in on 4 key e-commerce work areas
The World Customs Organization says its multi-stakeholder Working Group on E-Commerce (WGEC) is now concentrating on four major work packages in relation to e-commerce…
Myanmar joins SASEC, boosts South-SE Asia ties
ASEAN member country Myanmar has joined the South Asia Subregional Economic Cooperation (SASEC) as its seventh member, enhancing trade and business links between South…
Asia cargo continues upswing in Jan-Feb
Combined air cargo traffic figures for January and February show promising growth at the start of 2017 as the strong performance in the last…
SM Investment enters logistics through 34.5% stake in 2GO
Holding company SM Investments Corporation has acquired a minority share in integrated transport solutions provider 2GO Group, Inc. as SMIC starts to venture into…
BOC Feb collection higher than last year but misses target
The Philippine Bureau of Customs (BOC) has collected P30.755 billion in February 2017, or 14% higher year-on-year but lower than the target due to…
Ayala, SM propose P25B elevated Sta. Mesa-MOA expressway
AC Infrastructure Holdings Corporation and SM Investments Corporation (SMIC) have submitted an unsolicited proposal to construct and operate an elevated toll road that would…
HK total exports value rises 18.2% in February
The value of Hong Kong’s total goods exports rose 18.2% year-on-year in February, while that of goods imports increased 25.4%, the Census & Statistics…