Global ocean shipping e-marketplace INTTRA is providing an electronic tool to enable port stakeholders to comply with the mandatory container weighing rule that will…
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BOC revokes OCOM clearance proviso for specific beverage imports
The memorandum requiring some importers to obtain clearance from the Office of the Commissioner (OCOM) in order to secure the release of certain imported…
PPA details process for imposing export storage fees
The Philippine Ports Authority (PPA) has issued a memorandum clarifying how storage charges for export cargoes are assessed. The clarification was issued in view…
Lorenzo Shipping eyes turnaround after 2015 loss
After posting losses in 2015, Philippine carrier Lorenzo Shipping Corporation (LSC) hopes to engineer a turnaround to profit this year through strategic measures such as…
BOC auctions off P23M worth of seized wares
The Bureau of Customs (BOC) is eyeing more than P23.5 million in sales from the public auction of 62 containers of various goods at…
Developer in P38B deal to erect international port city in Davao
An agreement reached between President-elect Rodrigo Duterte and Mega Harbour Port and Development, Inc. has paved the way for the construction of a P38-billion…
Use of cold stores in PH agri smuggling exposed
Senator Cynthia Villar is asking the Cold Chain Association of the Philippines (CCAP) to police the cold storage industry, as she divulged information that…
Davao City’s infrastructure planners get helping hand from JICA
The Japanese government has offered to help equip Davao City with the know-how and capability to engage in urban infrastructure planning, according to the…
Pacific Star Group, Peak Freight Solutions enter into a joint venture agreement
Pacific Star Group and Peak Freight Solutions recently formed a joint venture company, Star Concord Manila, to provide freight forwarding and cargo consolidation services…
Clark airport chief supports Manila-Clark railway proposal
China’s proposal to construct a railway system from Manila to Clark will propel the development of Clark International Airport (CRK) if it pushes through,…
Davao rises as one of Cebu Pacific’s most vibrant markets
Low-cost carrier Cebu Pacific Air saw cargo volume and passenger traffic to and from Davao increase in 2015, making it the largest domestic carrier…
New PH gov’t asked to remove hurdles to infra development
Philippine business leaders are recommending the improvement of the country’s transport networks and the strengthening of national connectivity to the incoming government. Mindanao Business…
PH April imports up 29% on back of higher purchases of capital goods
Philippine imports grew 29.2% in April 2016 from a year ago due to double-digit growth in purchases of capital goods, raw materials and intermediate…
4Tfying the network
SCMAP’s latest General Membership Meeting, held last June 16 at the Marco Polo in Ortigas, doubled as a forum on governance in 4T…
HK’s export growth flat, may get hurt by Brexit uncertainties
Hong Kong’s total exports value in May fell 0.1% year-on-year, while the value of imports dropped 4.3%, the Census & Statistics Department announced. Total…
Traffic slowdown lingers for Asia’s air cargo carriers
Soft air cargo market conditions persisted for Asia-Pacific airlines in May, according to the latest traffic figures released by the Association of Asia Pacific…
Brexit likely to dampen Thai exports to UK
State-owned Export-Import Bank of Thailand (Exim Bank) said demand from the United Kingdom for products from Thailand could become depressed in the short term…
Indonesian GDP expected to grow 5.1% in 2016
Indonesia’s economy continues to prove resilient with a forecast GDP growth of 5.1% for 2016. But weaker-than-expected global economic expansion may moderate its growth…
Malaysian gov’t says economic exposure to UK minimal
The Malaysian government downplayed the effect of the Brexit voting outcome on the Asian country’s economic and financial structure. Prime Minister Najib Tun Razak…
Singapore’s Lee says Brexit a turning point; Korea to study economic fallout
The UK vote in the Brexit referendum seeking to leave the European Union is “a turning point,” all the consequences of which nobody can…