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The Latest
Proposed customs order on seizure, forfeiture and appeals process released
The draft rule implementing government seizure and forfeiture proceedings against goods and transport vehicles suspected of violating provisions of the Philippine Customs Modernization and…
5 unbundled PH airport projects attract new bidders
Three new companies have expressed interest in bidding for Philippine government projects involving the development, operation, and maintenance of five unbundled regional airports, all…
Due process followed before suspension, PH customs exec assures importers, brokers
The Philippine Bureau of Customs (BOC) is observing due process in the case of importers and customs brokers issued show cause orders or cited…
PH maritime body highlights 12 IMO instruments coming into force
The Maritime Industry Authority (Marina) is reminding shipping operators, Philippine-registered ships engaged in overseas operations, and other stakeholders of 12 International Maritime Organization (IMO)…
Balikbayan forwarders have until end-March to register with BOC
Philippine freight forwarders and deconsolidators dealing with balikbayan (personal effects and household goods) boxes have until March 31, 2017 to register with the Account…
Record port volumes push ATI earnings 7.8% higher in 2016
Philippine port operator Asian Terminals Inc. (ATI) posted a net income of P1.91 billion in 2016, 7.8% higher compared to P1.77 billion in 2015,…
Cathay Pacific slumps to first loss in 8 years
Hong Kong’s main carrier Cathay Pacific reported a loss of HKD575 million (US$74 million) for 2016 compared to a profit of HKD6 billion in…
OOCL dives to deep loss in 2016, pins hopes on Ocean Alliance
Orient Overseas (International) Limited (OOIL), the Hong Kong-listed parent of container line OOCL, announced a loss for 2016 of US$219.2 million compared to a…
ICAO adopts new CO2 emissions standard for aircraft
The 36-state International Civil Aviation Organization (ICAO) Council has recently adopted a new aircraft CO2 emissions standard which will reduce the impact of aviation…
PH manufacturing output slows in January
Increased production of basic metals, transport equipment, petroleum products and food manufactures continued to drive Philippine manufacturing output in January 2017, according to the…
ICTSI formally ends terminal lease with Port of Portland
International Container Terminal Services, Inc. (ICTSI), through wholly owned subsidiary ICTSI Oregon, Inc., has formally terminated its 25-year lease agreement to operate the Port…
Robust exports lift PH trade 14.2% in Jan 2017
Philippine trade grew 14.2% in January 2017, backed by the surge in export receipts from most of the country’s traditional markets, according to the…
Vietnam opens online customs application portal
A week after Vietnam Customs’ online public service system began formal operations, the portal has received 10 times the number of applications it did…
Starting dates for THE Alliance transpac sailings released
THE Alliance has given further details about the starting dates of its new trans-Pacific network service, called Pacific Ship Systems, as its members prepare…
Freight rates from North Europe to Asia hit record high
Spot container freight rates from North Europe to China increased by 45% last week, reaching a four-year high. The World Container Index by Drewry…
Draft bills forming Mindanao railway agencies clear first reading
The Philippine Lower House has approved on first reading the bills that will create a Mindanao Railways Corporation (MRC) and a Mindanao Railways Authority…
Clark airport eyed as new hub for China Eastern flights
China Eastern Airlines is set to mount in the next few months its initial flight from Clark International Airport (CRK), targeting mostly business travellers…
DPWH assigns task force to end NLEX right of way issue
A task force has been formed by the Philippine Department of Public Works and Highways (DPWH) to speed up the acquisition of vital right-of-way…
BOC undeterred by TRO issued in Mighty tax evasion case
The Philippine Bureau of Customs (BOC) said it remains firm in its position to intensify operations against importers and manufacturers of smuggled and fake…