For the 10-nation ASEAN group, Singapore remains the freest economy in Southeast Asia and the second freest out of more than 180 countries analyzed…
ASEAN members improve economic freedom ranking
The Latest
BOC seeks bids to supply 20 patrol boats
The Philippine Bureau of Customs (BOC) will be spending P290 million on the purchase of 20 speedboats to be used in its drive to…
WTO Trade Facilitation Agreement now in force
The World Trade Organization Trade Facilitation Agreement (TFA) entered into force on Feb 22, with Rwanda, Oman, Chad and Jordan as the latest to…
Higher PH transport rates loom with increased excise tax on fuel
Philippine transport service providers warn any increase in excise tax on petroleum products will mean higher operational costs that will eventually be passed on…
Radar maintenance to cancel 200 plus PH flights from Mar 6-11
Four airlines in the Philippines are cancelling more than 200 flights from March 6 to 11 due to a scheduled maintenance on the Tagaytay…
PNP shifts responsibility for transport of regulated chemicals to 3PLs, manufacturers
The Philippine National Police (PNP) will soon implement new guidelines transferring the responsibility for transporting controlled chemicals from the police to logistics service providers,…
Customs Modernization and Tariff Act Series 8: Titles VIII, IX and X (Duty Exemption and Drawback; Post Clearance Audit)
Series 1, click here. Series 2, click here. Series 3, click here. Series 4, click here. Series 5, click here. Series 6, click here. Series 7, click…
Proposed PH customs order details steps for disposing seized, forfeited goods
The latest draft order that implements provisions of the Philippine Customs Modernization and Tariff Act (CMTA) regarding disposal of certain cargoes has been released…
Will We See A New Center of Gravity?
Last week I drove to Clark for the very first time. I have been there a few times before, mostly when I was…
Riding the Information Superhighway
Information is key to the logistics business. It provides the intelligence to run the business in the most effective and productive way, thus delivering…
DOF, private sector back fuel marking initiative to counter smuggling
Various groups are supporting a Philippine government proposal to adopt a fuel marking and monitoring system to prevent oil smuggling and improve collection of…
DOTr favors push to split up CAAP’s regulatory and operational duties
The Department of Transportation (DOTr) supports plans to separate the conflicting mandates of the Civil Aviation Authority of the Philippines (CAAP), retaining its regulatory…
Malaysian economy rose 4.5% in Q4
The Malaysian economy grew 4.5% in the fourth quarter of 2016 compared to the same period in 2015, underpinned by continued expansion in private…
HK, Indonesia sign customs cooperation pact
The customs agencies of Hong Kong and Indonesia have forged a cooperation to enhance administrative assistance to fight transnational crime. The Customs & Excise…
Hamburg Sud unveils upgraded East-West service under slot charter deal
Germany-based Hamburg Sud announced plans to offer an improved service in the East-West trades utilizing its slot charter agreement with Maersk Line. In a…
Singapore’s GDP forecast to improve in 2017 on slight global economic uptick
The Singapore economy grew by 2.0% in 2016, similar to the 1.9% growth in 2015, and is expected to expand by 1.0% to 3.0%…
TL2 Shipping Agency is Hyundai agent in Davao, GenSan
Starting April 1, 2017, TL2 Shipping Agency, Inc will be the exclusive agent of Hyundai Merchant Marine in Davao and General Santos. Present at…
PH export sales expanded 4.5% in December
The Philippine Department of Trade and Industry (DTI) is hoping that the country’s exports will sustain its growth this year following the sector’s recovery…
BOC inaugurates interline baggage room at Clark airport
The interline baggage room (IBR) at the Clark International Airport (CRK) was recently inaugurated. The IBR will ensure proper monitoring, receipt, inventory and overall…
Seoul court rules Hanjin Shipping as bankrupt
South Korea’s Hanjin Shipping Co. was formally declared bankrupt by a Seoul district court on February 17, signaling the end for what once was…
