The Philippine Bureau of Customs (BOC) will be shutting down its electronic-to-mobile (e2m) system server for 24 hours, from May 21 to 22 as…
BOC to shut down e2m from May 21-22
The Latest
Korean box carriers stagger from severe losses
South Korea’s two largest container carriers posted massive losses in the first quarter, hard hit by plummeting freight rates, the already troubled firms reported.…
Sluggish overseas trade takes toll on HK economy
Hong Kong’s economy slowed down some more in the first quarter of this year, growing 0.8% year-on-year, much slower than the 1.9% growth in…
Tourism, stimulus measures lift Thai Q1 economy
The government’s economic stimulus policies and a vigorous tourism sector spurred the expansion of Thailand’s gross domestic product (GDP) in the first quarter, the…
SIA Cargo’s operating loss mounts as yield erosion accelerates
Singapore Airlines (SIA) Cargo recorded a wider operating loss in fiscal year 2015-2016 ended March 31, 2016 as yields declined compared with FY2014-2015. The…
Manila North Harbor seeks 37.5% hike in cargo-handling tariff
Shipping stakeholders on May 17 attended the first public hearing on port operator Manila North Harbour Port, Inc.’s (MNHPI) request for a 37.5% increase…
Asian Terminals records 41.2% drop in Q1 income
Philippine port operator Asian Terminals Inc. (ATI) reported a 41.2% decline in net income for the first quarter of 2016 due to low storage…
Cebu Pacific Q1 income soars 81%
Low-cost carrier Cebu Pacific and its wholly owned subsidiary Cebgo generated a net income of P4 billion from January to March 2016, an increase…
Harbor Star’s Q1 income up 4% on performance of key units
Positive performances from harbor assistance, tug, and other marine services resulted in a 4% increase in first quarter 2016 net income for listed marine…
Logistics demand fuels 109% rise in LBC income
Higher revenue from its logistics business propelled LBC Express, Inc.’s net income to reach P217.404 million in the first quarter of 2016, a 109%…
Ex-Clark Development chief offered transport portfolio
Presumptive Philippine President Rodrigo Duterte has called on two allies to head the Department of Transportation and Communications (DOTC) and the Department of Finance…
8 low-cost carriers form alliance
Eight budget carriers in the Asia Pacific have announced the formation of the world’s largest alliance of low-cost carriers (LCC), the Value Alliance. The…
E2m scheduled transaction windows in place for 2 more weeks
The Philippine Bureau of Customs (BOC) is asking stakeholders for understanding as it implements the scheduled transaction windows in the electronic-to-mobile (e2m) system for…
A Supply Chain Wish List for President Duterte
There’s a lot ahead of Rodrigo Duterte once he assumes the presidency on June 30 – a lot more than the plans on restoring…
PH aviation agencies in deal to enforce strict use of NAIA flight slots
Airport and aviation authorities have signed a memorandum of agreement (MOA) laying down measures that the next management can implement to make sure slot…
Only modest slowdown for East Asia in 2016-17, UN predicts
Although the global economy is predicted to show continued overall weakness, East and South Asia have relatively more favorable forecasts for 2016 and 2017,…
Non-shipping group jacks up 2Go profit 6% in Q1
Supply chain solutions provider 2Go Group, Inc. reported a 6% increase in net income for the first quarter of 2016, boosted by the positive…
PAL profit balloons 4,424% in 2015 on strong passenger growth
Flag carrier Philippine Airlines (PAL) reported a net income of P5.870 billion in 2015, a 4,424.7% jump compared with the P129.740 million it earned…
Cebu Pacific to sell more A319 aircraft in line with fleet upgrade
Low-cost carrier (LCC) Cebu Pacific Air has agreed to sell four of its Airbus A319 aircraft to the subsidiary of Allegiant Travel Company. Under…
Controlled spending lowers Malaysia’s growth to 4.2% in Q1
Malaysia’s economy expanded 4.2% in the first quarter of this year, moderating slightly from the 4.5% recorded in the preceding quarter due to cautious…
