Philippine-based port operator International Container Terminal Services, Inc. (ICTSI) is looking forward to improved investment and trade opportunities between the Philippines and Brunei following…
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BOC Sept collection seen exceeding P34B
The Philippine Bureau of Customs’ (BOC) September collection of P33.951 billion is almost a billion peso more than the P33.002 billion collection in August,…
Metro Manila coding hours stretched to 8 pm
The Inter-agency Council on Traffic (i-Act) and the Metro Manila Council (MMC) have agreed to extend by one more hour the coding hours under…
Drive for ISO recognition of PPA ports’ ship entrance clearance process launched
The Philippine Ports Authority (PPA) aims to have all its ports earn ISO certification in vessel entrance clearance before the end of 2017 in…
Cebu Pacific scales up flight frequencies in time for the holidays
Low-cost carrier Cebu Pacific Air is adding more frequencies and seats to key international destinations for the upcoming holiday peak travel period. Beginning select…
Uniform rates for MM traffic offenses soon in effect
National government agencies and Metro Manila mayors have agreed to come up with a unified ticketing system and impose standard fines for motorists who…
US maritime agency gives OK to OCEAN Alliance
The OCEAN Alliance has received the approval of the Federal Maritime Commission (FMC) to sail on U.S. trade lanes, bringing the shipping group a…
New PH Customs order implements advance ruling system
The customs order that establishes an advance ruling system for valuation and rules of origin (RO) concerning import and export merchandise in the Philippines…
Vietnam’s NSW for aviation for rollout Jan 2017
The General Department of Customs of Vietnam announced it is launching the National Single Window (NSW) for the aviation industry early next year. The…
Indonesia drafts logistics policy package to reduce transport costs
The Indonesian government will issue soon a special economic policy to boost the logistics sector by encouraging the building of more distribution hubs to…
Hanjin withdrawal not enough to generate profit on Asia-ME/SA trade
Bankrupt Korean line Hanjin’s exit from the overcrowded Asia to the Middle East and South Asia (ME/SA) trade will reduce competition and lift utilization…
HK exports rise 2.6%, prices fall 1.4% in August
Hong Kong’s total exports of goods increased by 2.6% in August year-on-year, as re-exports rose by 2.6% and domestic exports decreased by 0.5%, according…
Kuehne + Nagel improves profit 4% in Jan-Sep amid margin pressures
International logistics service provider Kuehne + Nagel increased earnings by over 4.0% in the first nine months of the year compared to the same…
Maersk wins order for 4,000 new integrated reefers from Seatrade
Seatrade, a specialist in reefer services and the world’s largest specialized reefer carrier, has ordered 4,000 new integrated reefers valued at more than US$55…
HMM keen to acquire Hanjin’s Asia-US trade route
South Korea’s second leading ocean carrier Hyundai Merchant Marine Co. (HMM) is considering bidding for its bigger local rival Hanjin Shipping Co.’s Asia-U.S. route,…
AsPac to propel demand as passenger growth predicted to double over 20 years
Air travelers worldwide are expected to grow almost 100% in number over the next 20 years, and half of this demand surge is seen…
Singapore non-oil domestic exports slip back to red
Singapore’s non-oil domestic exports (NODX) slid back to negative territory, dropping by 4.8% year-on-year in September 2016, compared to the flat growth in the…
Ports to take biggest hit from regional headwind—S&P
Asia-Pacific seaports are expected to bear the brunt of the cooling down of economies in the region, Standard and Poor’s Ratings Services (S&P) said…
Cathay Pacific undertakes critical business review amid industry challenges
Hong Kong flag carrier Cathay Pacific Airways said it is currently conducting a “critical review” of its business as it revised its earlier forecast…
PH Customs At A Crossroads (Part IV)
This is the last part of a four-part article outlining the major problems confronting the Philippine Bureau of Customs; the previous efforts to reform…