Port operator International Container Terminal Services, Inc. (ICTSI), NYK Auto Logistics Philippines (NALP), and other project partners recently led the ground breaking ceremony on…
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PH bulk, break bulk terminals need improvement, PPA told
Along with improving container ports, the Philippine Ports Authority (PPA) should also develop bulk and break bulk terminals, according to a port executive. Ramon…
Car carrier Anji Shipping makes maiden call to PH
China-based automotive logistics provider Anji Shipping, Inc. embarked on a maiden call in the Philippines last week with a car carrier that discharged trucks…
Tollways operator allots P1B for extensive NLEX-SCTEX improvement works
The Manila North Tollways Corporation (MNTC) will be spending P1.14 billion on the massive expansion of lanes at major toll plazas along its integrated…
BOC livestreams operations
The public can now view online operations within the premises of the Philippine Bureau of Customs (BOC) as they happen in real time. BOC…
Hanjin out of CKYHE alliance, has 45 vessels rejected at ports
Beleaguered Hanjin Shipping Co., South Korea’s leading container shipper currently under receivership, said September 2 that 45 of its ships, including 41 container carriers,…
Thai export volume, factory output growth rates slip in July
Thailand’s export volume in July was valued at US$17.4 billion, a 4.4% contraction compared to the same period in 2015. It is also a…
Cambodia, Laos seen to sustain strong economic growth rates
The economies of Cambodia and Laos are both forecast to remain robust in the short term even as the two Southeast Asian nations face…
Leased box fleet outlook dims on demand drop, new price lows
Declining rental demand has lowered forecasts for growth of the global leased container equipment operating fleet to little more than 1% in 2016 following…
Draft memo aims to set in motion new PH de minimis rule
A draft Customs Administrative Order (CAO) that operationalizes the de minimis rule under the Customs Modernization and Tariff Act (CMTA) has been released by…
PNP-HPG’s Gardiola is MM traffic czar
Transportation Secretary Arthur Tugade has designated acting director Sr. Supt. Antonio Gardiola of the Philippine National Police-Highway Patrol Group (PNP-HPG) as Metro Manila’s new…
Marina eyes return of incentives to spur ship re-fleeting
The Philippine Maritime Industry Authority (Marina) is moving to reinstate incentives for domestic shipping operators planning to re-fleet, part of the government’s drive to…
PH domestic air cargo swells 4.7% in first half
Cargo volume carried by Philippine domestic airlines in the first half of 2016 grew 4.7% to 123.300 million kilograms from 117.813 million kg in…
BIR, BOC reforms to offset P174B revenue loss from tax cuts
The Philippine Department of Finance (DOF) plans to institute reforms at its two attached revenue-generating agencies to compensate for the expected lower revenues from…
Bill seeks emergency powers for President to clear NAIA congestion
A bill has been filed in the Upper House pushing for emergency powers for the Philippines’ Chief Executive to address air traffic congestion in…
PH June imports up 15.4% on strong consumption
The Philippines was Asia’s consistent top imports performer for the first half of 2016 as the country’s merchandise imports grew 15.4% in June, according…
Ocean freight rates up 26% as carriers cut down on services
Spot freight rates have inched up across all routes, but some lanes remain priced below up to half of the average over the last…
Hapag-Lloyd capital restructuring for UASC merger gets shareholders’ nod
German shipping liner Hapag-Lloyd’s shareholders has approved the creation of new authorized share capital to see through the planned merger with Arabian rival United…
Singapore’s July factory output slumps 3.6%
The manufacturing output of Singapore slipped 3.6% year-on-year in July 2016, as all clusters save electronics registered a fall, seemingly a dark sign not…
Some 60% of Asia’s SMEs lack financing access
Up to 60% of small businesses in the Asia-Pacific region do not have access to credit, making them unable to meet the demands of…