Indonesian President Joko Widodo has directed the expansion of small airports across the country starting 2017 to anticipate an increase in passenger arrivals and…
Indonesia opens renovated airport, eyes upgrade of more air hubs
The Latest
Profit grows for K+N, stays stable for Panalpina
Global logistics service provider Kuehne + Nagel (K+N) announced earnings growth of 9% in the first half of 2016 to CHF356 million (US$361 million)…
Royal Cargo to expand PH cold chain business with $25M investment
Total logistics service provider Royal Cargo is investing about $25 million this year to expand its cold chain distribution business in the Philippines, including…
House bill seeks emergency powers for Duterte to fix transport mess
Another Philippine lawmaker has filed a bill to grant President Rodrigo Duterte emergency powers to address transportation woes in Metro Manila. House Bill No.…
MMDA to soon release list of approved towing rates
The Metropolitan Manila Development Authority (MMDA) is coming up with a unified list of towing rates to help truckers guard against overcharging towing companies,…
Over 33,000 new planes valued over US$5T required for the next 20 years
In the next 20 years (2016-2035), passenger traffic will grow at an average 4.5% a year, driving a need for over 33,000 new aircraft…
Airports’ cargo traffic still feeble in May
Global airfreight markets remained dispirited in May amid persistent sluggish global trade conditions, according to Airports Council International (ACI). “While the industry was vulnerable…
Developing Asia outlook unchanged as IMF trims global forecast post-Brexit
Projected growth for emerging and developing Asia for 2016-2017 remains largely the same, although the global prediction has been reduced slightly in the wake…
HK’s exports up 3.2% on re-export expansion
Total volume of exports of goods from Hong Kong in May 2016 increased by 3.2% year-on-year, of which re-exports rose 3.5%, while domestic exports…
PH ports book 7.8% volume upswing in Jan-May
Cargo volume handled by Philippine ports in the first five months of 2016 grew 7.76% to 93.36 million metric tons (mmt) from 86.64 mmt…
PPA chief identifies priorities for first 100 days
Improving port security and streamlining processes for issuing permits will be the focus of new Philippine Ports Authority (PPA) general manager Atty. Jay Daniel…
PH domestic trade swings to black in first quarter
The Philippines’ domestic trade increased 7% during the first quarter of 2016 to 5.36 million tons from 5.01 million tons in the same quarter…
PH truckers’ group eyes revision of anti-overloading policy
The Confederation of Truckers Association of the Philippines (CTAP) will ask the government to revise the implementing rules and regulations (IRR) of the Anti-Overloading…
PH ports agency income up slightly from Jan-May
The Philippine Ports Authority (PPA) posted a net income of P3.01 billion for the first five months of the year, a 0.46% uptick from…
BIR cuts processing days for tax clearance, registration certificates
The Philippine Bureau of Internal Revenue (BIR) has issued two issuances cutting the processing of tax clearance certificates (TCC) and the issuance of certificates…
Beware of spam emails, BOC warns stakeholders
The Philippine Bureau of Customs (BOC) has warned the public against spam emails riding on the agency’s name to extract personal or financial details.…
ICTSI Australia unit signs US$300-million loan facility
Victoria International Container Terminal (VICT) recently signed a syndicated loan facility worth AUD 398 million (approximately USD 300 million) with seven leading global financial…
Agility Key for Adapting to Changing Market Conditions
Agility is an important quality for any logistics service provider. The ability to implement a strategy that will help keep a company agile and…
Hapag-Lloyd, UASC sign merger pact, eye completion end-2016
Global box carriers Hapag-Lloyd and United Arab Shipping Company (UASC) announced on July 18 that they have signed an agreement to combine business operations,…
Brexit, trade headwinds won’t hobble Asia growth in 2016-17, says ADB
Growth in Asia-Pacific’s developing economies for 2016 and 2017 will remain solid as firm performances from South Asia, East Asia, and Southeast Asia help…
