Effective June 16, the Philippine Bureau of Customs (BOC) will require nationwide electronic filing of informal entries for non-commercial air shipments using the single…
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BOC details steps for freight transfer to CY/CFS, bonded warehouses
Customs Commissioner Alberto Lina on June 2 signed Customs Memorandum Order (CMO) No. 13-2016 which seeks to implement provisions of CMO 43-2010 and institute…
Evergreen adds Batangas to its intra-Asia loop
Taiwan-based carrier Evergreen Marine Corp. (EMC) has added Batangas Container Terminal (BCT) to its port rotation through its North East Asia-South East Asia (NSA)…
HK topples US as world’s most competitive economy, says report
Hong Kong has moved up to top spot as the most competitive economy in the world, and Singapore stepped up to third place, but…
Cebu airfreight volume down 38% in Q1
Cargo volume at the Mactan-Cebu International Airport (MCIA) declined 38% in the first quarter of 2016, according to data from the Mactan-Cebu International Airport…
Warehousing Technology Trends
A warehouse is central to the smooth operation of supply chain companies, with the effortless flow of goods and products essential for business growth.…
Cebu port authorities to release VGM rules in mid-June
The rules for the implementation of the International Maritime Organization’s (IMO) verified gross mass (VGM) policy at the Cebu International Port (CIP) will be…
DTI eyes launch of PH logistics master plan by yearend
The Philippines’ first National Logistics Master Plan (NLMP) is expected to be completed by end of July, presented to the public for feedback by…
APEC study highlights new areas for further lowering trade costs
The Philippines stands to benefit from finding new ways to further cut its cost of trading goods, as this can help make it a…
Cathay Pacific Airways becomes new operator of the A350 XWB
Cathay Pacific Airways has become the sixth airline to operate the world’s latest and most efficient twin-engine widebody airliner. The airline’s first aircraft featuring…
ASEAN must strengthen IT industry or miss digital economic boom
The Association of Southeast Asian Nations (ASEAN) member countries could miss out on major opportunities in the emerging digital economy if they don’t harmonize…
2M’s Asia-North Europe loop to aim for fast transit through fewer calls
The new ocean shipping alliances are expected to trumpet faster transit times and reliability to lure shippers, and to achieve this feat, they are…
Strong intra-APAC trade projected to reshape global supply chains
Six Asian emerging economies (The Asian 6) are expected to be at the forefront as intra-Asia-Pacific (APAC) trade plays an increasingly important role in…
IATA says dark clouds ahead for air cargo in 2016
The overall financial prospect for the global air transport industry is positive for 2016, but this is largely owing to the vibrant passenger business,…
PH eyes development of sea linkages to boost Mindanao growth
The Philippine government is developing and enhancing certain sea routes connecting Mindanao with other Association of Southeast Asian Nations (ASEAN) to boost economic activities…
PH imports rose 11.7% to $6B in March
Continued demand for capital and consumer goods drove imports growth up 11.7% in March 2016, according to the National Economic and Development Authority (NEDA).…
City of Golden Opportunity
I have been to Cagayan de Oro only twice in my life. The first time was in 2014, when I and my colleagues…
Incoming PH Customs chief bares top priorities, including re-imposition of pre-shipment inspection on containers
Incoming Philippine Customs Commissioner Nicanor Faeldon has identified four of his top priorities once he assumes office at the Bureau of Customs (BOC), described…
Vietnam, Malaysia exports expand in first 4 months
Vietnam’s exports rose 6.5% to US$14.35 billion in April 2016 year-on-year, according to trade statistics from Vietnam Customs. The total external merchandise turnover of…
Asia’s Mighty 5 seen to represent a ‘New China’ of manufacturing—study
The rise of the MITI-V (“Mighty 5”)—consisting of the Asian nations of Malaysia, India, Thailand, Indonesia, and Vietnam—as representing a “New China” of manufacturing…