The global economy will grow by just 2.9% this year and 3.2% in 2017, which is well below long-term averages of around 3¾ percent,…
Weak trade weighs on world economic growth prospects in 2016-17—OECD
The Latest
DOTr logistics plan eyes PH infra upgrade, ASEAN linkages
The Department of Transportation (DOTr) has identified several infrastructure projects and policy plans leading to the creation of a seamless multimodal transport system nationwide…
PCCI draws up wish list for lowering logistics costs
The Philippine Chamber of Commerce and Industry (PCCI) listed several proposed projects and reforms the Department of Transportation (DOTr) can undertake in order to…
Management changes follow as Maersk group reorganizes
Following the decision to separate A.P. Moller-Maersk’s businesses into two independent divisions, Transport & Logistics and Energy, the Danish shipping and oil conglomerate bared…
A.P. Moller-Maersk reorganizes businesses into logistics and energy segments
Danish shipping and oil giant A.P. Moller-Maersk A/S announced it is dividing its portfolio of businesses into two independent divisions—an integrated transport & logistics…
PPA unveils plans for National Maritime Week
The Philippine Ports Authority (PPA) has prepared a full line-up of worthwhile and productive activities as it gears up to lead the country’s celebration…
Elevated segment of Skyway off limits to trucks by mid-November
Starting November 15, trucks will be banned from the elevated sections of the Metro Manila Skyway to improve safety and speed up traffic flow…
Canadian Chamber president visits Davao City, DICT
Davao City – The national president of the Canadian Chamber of Commerce of the Philippines (CanCham) Julian Payne recently travelled to Davao to check…
Metro Pacific Tollways scores NLEX-SLEX connector road deal
The contract for the proposed connector road linking the North Luzon Expressway (NLEX) and the South Luzon Expressway (SLEX) has been awarded to Metro…
US firms bare plans to increase presence in ASEAN—survey
Most U.S. companies with businesses in the Association of Southeast Asian Nations (ASEAN) plan to expand their operations as they expressed optimism about prospects…
Vietnam issues new policy on filing the certificate of origin
Vietnam’s Ministry of Finance has released new guidelines on the submission of the certificate of origin (CO), mandating a fixed time for submissions, which…
Hong Kong, Singapore remain world’s freest economies
Two vibrant economies in Asia—Hong Kong and Singapore—have once again been named the top two countries to enjoy the highest level of economic freedom…
28 Hanjin ships complete cargo discharge
About one-third of the container ships operated by South Korea’s Hanjin Shipping Co. have completed their cargo unloading at ports around the world as…
Vietnam’s local customs units set for extensive revamp
The Ministry of Finance of Vietnam has recently issued a new policy making significant changes to the functions, duties, and organizational structure of the…
Singapore’s non-oil exports flat in August after July nosedive
Singapore registered no growth in its non-oil domestic exports (NODX) in August 2016 year-on-year following the 10.6% contraction in the previous month, as the…
Cebu Port Authority rewrites rules on verified gross mass
The Cebu Port Authority (CPA) has issued a new policy revising the implementation of the Safety of Life at Sea (SOLAS) Convention verified gross…
Proposed memo establishes protocol for issuing alert orders in PH
The draft customs administrative order (CAO) that operationalizes how alert orders are to be issued and processed in the Philippines has been released by…
“Audacious vision” needed to sustain PH growth
The Philippines must roll out a long-term plan and massive structural reform for both public and private sectors in order to achieve inclusive growth…
Duty, VAT claimants can start getting their refund from BOC
Some 125 companies with pending duty drawbacks or tax claims may now start processing their claims at the Philippine Bureau of Customs (BOC). Claimants…
Investing in the future
The night before the first day of our flagship event, the 2016 SCMAP Supply Chain Conference, I was watching the news. The most striking…
