The Cargo-XML messaging standard of the International Air Transport Association (IATA) is now fully integrated into ASYCUDAWorld, the United Nations Conference on Trade and…
The Latest
PH economy records 6.6% growth in fourth quarter
The Philippine economy grew 6.6% in the last quarter of 2016, boosting growth for the whole year to 6.8% and making the country the…
Customs order on tax, duty exemption of returning OFWs now in effect
The customs order implementing tax and duty exemption for importations by returning residents and overseas Filipino workers (OFWs) of their personal and household effects…
Asian airlines register 1.8% hike in 2016 cargo demand
Air cargo markets showed renewed strength in the second half of 2016 after a weak start, while demand for international air travel for the…
BIMP-EAGA, Asean logistics developments in focus at 2017 ports and shipping conference
The 9th Philippine Ports and Shipping Conference to be held on Feb 23-24 will highlight strong emergence of the Brunei-Indonesia-Malaysia-Philippines-East Asian Growth Area (BIMP-EAGA) and…
PH local trade still on an upswing in Q3
The Philippines’ domestic trade continued its growth with 4.09 million tons booked in the third quarter of 2016, or 21.4% higher than the 3.37…
SCMAP Visayas chapter welcomes new officers
The Supply Chain Management Association of the Philippines (SCMAP) Visayas Chapter has elected its new Board of Directors for 2017. Gilbert Cabataña of LF…
BOC expects P16M collection from MICP auction
The Philippine Bureau of Customs (BOC) is expected to generate an additional P16.161 million in revenue as one of its major ports prepares to…
5 PPP airport projects look for more bidders
The Philippine Department of Transportation (DOTr) is seeking new bidders that can develop, operate, and maintain five unbundled airport projects to be undertaken under…
No window hours for vehicles under number coding scheme extended
The “no window hours” policy imposed on vehicles covered by the Unified Vehicular Volume Reduction Program (UVVRP), which is also known as the Number…
Singapore looks to other trade accords after US turns its back on TPP
The Ministry of Trade and Industry (MTI) of Singapore said the sovereignty will continue to participate in other regional integration initiatives after the United…
Malaysia focusing on AEC and RCEP as US backs out of TPP deal
With the formal announcement of the withdrawal of the U.S. from the Trans-Pacific Partnership Agreement (TPPA), Malaysia said it will shift its attention to…
BOC names 11 importers for suspension from next month
The Philippine Bureau of Customs (BOC) has listed 11 importers whose accreditations are scheduled for suspension starting February. In an announcement on its website,…
Beijing to pursue RCEP as TPP talks collapse
China said it was committed to the process of Asia-Pacific economic integration in a spirit of openness, inclusivity, and transparency in the wake of…
Newbuild contracting sank to 30-year low last year
Contracting activity for newbuilds in 2016 fell to its lowest level in over 30 years in numerical and tonnage terms, according to Clarksons Research.…
HMM to acquire stake in Hanjin’s Long Beach terminal
South Korean ocean liner Hyundai Merchant Marine Co. (HMM) plans to buy a 20% share in troubled compatriot carrier Hanjin Shipping’s subsidiary Total Terminals…
Metro Pacific subsidiary buys Ace Logistics for P280M
A subsidiary of Metro Pacific Investments Corporation (MPIC), PremierLogistics, Inc., acquired certain assets and business of Ace Logistics, Inc for P280 million. An MPIC…
Zim set to launch upgraded trans-Pacific network in April
Israel-based Zim Integrated Shipping Services has unveiled the details of its revised and expanded network for the trans-Pacific trade that it will kick off…
Cathay Pacific and Lufthansa to carry first joint freight in Feb
Hong Kong-based Cathay Pacific Cargo said it is relocating its local cargo handling activities in Frankfurt, Germany to Lufthansa Cargo’s terminal as the two…
Yang Ming outlines financial recovery plan
Taiwanese ocean carrier Yang Ming Marine Transport has laid down a broad, multi-pronged action plan, backed by government support, to undertake a large capital…