Suvarnabhumi Airport’s management has signed a contract with three companies to expand the hub’s current capacity of 45 million passengers per year to 60…
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Vietnam’s Jan-Jul trade surplus beat estimates
Vietnam saw a trade surplus of some US$2.25 billion in the first seven months of this year, higher than earlier estimates, according to data…
Box fleet prices predicted to plunge even deeper
Cheaper production and material costs as well as weaker demand have driven the price of new container equipment down to record lows and is…
Automating BOC to cost P5B over 3 years: roadmap
The Philippine Bureau of Customs (BOC) needs about P5.21 billion over three years beginning 2017 to modernize its technology environment as decreed by the…
Marina task force to rework outdated shipping rules
The Maritime Industry Authority (Marina) plans to update the Philippine Merchant Marine Rules and Regulations (PMMRR) 1997 to provide clear maritime rules and regulations…
BOC exec accused of receiving up to P200M in monthly bribes brought to court
Philippine Customs Commissioner Nicanor Faeldon has filed a case against a Bureau of Customs (BOC) official who has allegedly been receiving millions of pesos…
PH President declares appointive positions vacant
All presidential appointees of the previous Philippine administration were given seven calendar days from August 22 to submit their courtesy resignation following President Rodrigo…
Asia airports book slight cargo upturn in first half
Compared to last year, airports reported a marginal 0.5% growth in total freight in the first half of the year, comprised of growth of…
Panalpina opens new venture in Cambodia
Rising opportunities in the emerging economy of Cambodia continue to attract more international investors, including forwarding and logistics company Panalpina. The firm opened its…
Batangas terminal throughput shoots up 4.9% in Jan-Jul
Batangas Container Terminal (BCT) has steadily sustained higher volumes, handling 85,000 twenty-foot equivalent units (TEUs) of international containers for the first seven months of…
Court case hamstrings implementation of CMTA provision on automation
While the new Customs Modernization and Tariff Act (CMTA) has mandated automation at the Bureau of Customs (BOC), this may not see immediate implementation…
Harbor Star obtains construction contracting license
Maritime services provider Harbor Star Shipping Services, Inc. (HSSI) has secured its contractor’s license, allowing the company to undertake construction contracting projects, including the…
Weekly consults on Customs Modernization Act IRR starts Aug 25
Fourteen priority provisions under the Customs Modernization and Tariff Act (CMTA) have been selected by the Philippine Department of Finance (DOF) and its attached…
Cauguiran is Clark airport OIC president
Former airport official Alexander Cauguiran has been appointed as officer-in-charge president of the Clark International Airport Corporation (CIAC), replacing Emigdio Tanjuatco III. Cauguiran was…
If You Build It, They Might Come: Part Two
In our last column we explored the entry of foreign brands in the Philippine retail landscape, and how supply chain has to keep up.…
PH economy meets Q2 forecasts with strong 7% growth
The Philippine economy grew a robust 7% in the second quarter of 2016, giving the new administration an upbeat start, according to the National…
DOTr, MMDA and HPG join forces to ease metro gridlock
The Department of Transportation (DOTr) will now be working together with the Metropolitan Manila Development Authority (MMDA) and the Highway Patrol Group (HPG) in…
Indonesian gov’t eyes $26B in 2017 budget for infra programs
The Indonesian government has allocated IDR346.6 trillion (US$26.2 billion) in the draft 2017 state budget for infrastructure development, emphasizing that economic advancement hinges on…
Trade ministry projects modest growth for Malaysia, bares new export plan
Malaysia’s Ministry of International Trade and Industry (MITI) has made a modest growth forecast for the country this year, saying the national economy will…
DP World earnings surge 50% in first half
Container port and supply chain operator DP World announced a 50% increase in profit in the first half of 2016 on strong containerized revenue…