The Confederation of Truckers Association of the Philippines (CTAP) is planning to create an emergency response team that will be called upon to handle…
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Record box traffic boosts profit for Westports
Malaysia’s Westports registered a net profit of MYR637 million (US$143 million) for the whole of 2016, an improvement of 26% on 2015, while revenue…
BOC eyes creation of maritime trading district in Manila
The Bureau of Customs is making a big push for the creation of the Port of Manila Maritime Trading District (PMTD), which the agency…
PH trade expands 5.8% in 2016 on robust imports
Philippine merchandise trade grew 5.8% in 2016, backed by double-digit growth of imports that offset export decline, according to the National Economic and Development…
PH Customs closely investigates smuggling in top 3 imports
Philippine Customs Commissioner Nicanor Faeldon has directed his agency’s intelligence and investigation service to look into reports of rampant smuggling of the country’s top…
PH factory output boasts double-digit growth in 2016
The Philippines’ manufacturing output posted double-digit growth in both December last year and full-year 2016 due to an increase in the production of petroleum…
Reorganization, modernization of facilities among BOC 2017 plans
The Philippine Bureau of Customs (BOC) has lined up several projects for 2017 designed to beef up workforce, improve systems, and modernize facilities and…
P553M Sangley airport project bidding gets new date
The Philippine Department of Transportation (DOTr) has moved the deadline for the submission of bids to the P552.867-million airport development project at Sangley Point.…
Duterte presses BOC to enhance image, performance
President Rodrigo Duterte urged the Bureau of Customs (BOC) to continue improving its operations, particularly trade facilitation and border security, expressing hope that in…
Economic panel proposes 7 key steps to drive Singapore’s growth
The Committee on the Future Economy (CFE) has come up with seven recommendations for Singapore’s next phase of growth, focused mainly on building an…
Indonesia seen to continue solid growth in 2017
The near-term outlook for Indonesia remains favorable, with growth pegged at 5.0% in 2016 year-over-year and expected to rise modestly to 5.1% in 2017,…
Maersk group registers loss of $1.9B in 2016
Shipping and oil conglomerate A.P. Moller-Maersk recorded a loss of US$1.9 billion in 2016 from a profit of $925 million in 2015, saying its…
BOC overshoots Jan collection target
The Philippine Bureau of Customs (BOC) surpassed its January collection target of P35.509 billion by 0.66%, taking in P35.745 billion, according to a preliminary…
BOC roster of importers, brokers under probe keeps growing
The Philippine Bureau of Customs (BOC) has added more names to the list of importers and customs brokers that are under investigation, have show…
Second truck lane on C-5 to open within the month
The Metropolitan Manila Development Authority (MMDA) has heeded the call of truckers to allot one additional truck lane along C-5 road for use by…
LRT Line 1 extension project gears up for groundbreaking
Groundbreaking rites for the elevated rail extending the Light Rail Transit (LRT) Line 1 to Cavite are expected to push through later this month…
Hamburg Sud enters slot purchase deal with Maersk on East-West trades
Danish shipping line Maersk Line has concluded a slot purchase agreement with Hamburg Sud involving shipping the latter’s volumes on the East-West trades on…
WCO assists Vietnam Customs to adopt new compliance management program
The World Customs Organization (WCO) recently concluded a mission in Hanoi to support the General Department of Vietnam Customs in implementing a new risk-based…
Cook Islands, Singapore forge open skies deal
Singapore has concluded an open skies agreement with the Cook Islands on February 7, 2017, according to Singapore’s Ministry of Transport. Under the agreement,…
BOC accreditation body returns to intel group
The Philippine Bureau of Customs’ accreditation unit, Account Management Office (AMO), is now back with the Intelligence Group (IG), a move the agency said…