Hong Kong-based Cathay Pacific Airways announced an expansion of its freighter services in the Americas with the addition of a scheduled service twice a…
Cathay Pacific mounts new freighter network to US
The Latest
Indonesia’s 2016 exports peak in June
Indonesia recorded its strongest export expansion yet for the year in June, as exports contributed to a trade surplus of US$900.2 million for the…
HMM, OOCL trumpet new service networks
Hyundai Merchant Marine (HMM) announced it is launching a new service to the Middle East as it strives to corner the largest market share…
Airfreight execs take cloudy view of industry profit, survey finds
Airline cargo heads don’t expect further improvement in profitability over the next 12 months, according to results of the July business confidence survey conducted…
Singapore’s GDP up slightly in Q2 as Korea lowers outlook
The Singapore economy grew by 2.2% year-on-year in the second quarter of 2016, as the manufacturing and services sectors improved on their performance in…
Hyundai Merchant clinches 2M deal, to join alliance April 2017
Financially troubled Hyundai Merchant Marine Co. (HMM) has become a member of the world’s largest shipping alliance, 2M, having met all prerequisites set by…
PH manufacturing output down in May, its first decline for the year
The Philippines’ manufacturing output declined in May, a first for 2016, owing to a significant drop in leather, chemical, and petroleum products production, according to…
PH exports record 14th straight month dip in May
Philippine merchandise exports declined for the 14th straight month in May 2016 to US$4.71 billion, a 3.8% decrease from the $4.90 billion recorded in…
Vital PH transport centers set to enjoy free Wi-Fi
The Department of Transportation (DOTr) and Smart Communications, Inc. have signed a memorandum of understanding (MOU) for the telecommunications service provider to provide free…
PH wins Hague case vs China over South China Sea
The Permanent Court of Arbitration (PCA) has unanimously ruled in favor of the Philippines in the case the nation filed against China over conflicting…
BOC activates duties and tax calculator app for OFWs, balikbayans
The Bureau of Customs (BOC) has created a free mobile application to assist the public, especially balikbayans (returning Filipinos) and overseas Filipino workers (OFWs),…
Ex-MMDA chief called back to assume OIC role
Metropolitan Manila Development Authority (MMDA) chairman Emerson Carlos has been re-assigned as officer-in-charge of the agency until a new chairman is appointed. Executive Secretary…
International air cargo forwarders in PH carry 7.7% less volume in 2015
Cargoes handled by international air freight forwarders operating in the Philippines declined 7.7% in 2015 to 299.91 million kilograms from 324.76 million kg in…
Growth of Malaysia’s May industrial output eases 2.7%
The industrial production index (IPI) of Malaysia grew at a slower pace of 2.7% in May after registering growth of 3.0% in April 2016…
Asia-Pacific prime pick for transport investments over next 5 years, says report
The transport sector is looking to Asia-Pacific as the key market for investment over the next five years, according to “The Way Ahead Transport…
New WTO trade tool forecasts weak third quarter
Trade growth appears headed for more sluggish action going into the third quarter, according to a new instrument introduced by the World Trade Organization…
PH international air cargo dips 2.6% in 2015; PAL tops air carriers’ list
International air cargo, including mail carried by foreign and domestic airlines operating in the Philippines, declined 2.6% to 328.52 million kilograms in 2015 from…
PH domestic airfreight volume up 11.1% in 2015; LBC Express leads forwarders
Cargo volume handled by domestic air freight forwarders in the Philippines increased 11.1% to 59.83 million kilograms in 2015 from 53.85 million kg in…
BOC sets guidelines for submission of e-Certificate of Origin
The Philippine Bureau of Customs (BOC) has issued new guidelines and procedures for the submission and issuance the electronic Certificate of Origin (eCO). Before…
Official exchange rate for PH custom charges
Effective July 6, the exchange rate officially disseminated to the public by the Bangko Sentral ng Pilipinas (BSP) each Wednesday will be the basis…
