Flag carrier Philippine Airlines (PAL) has finalized a purchase agreement with aircraft manufacturer Airbus for six A350-900s, to be deployment to US and Europe…
PAL confirms order for six A350-900 planes
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PH-EFTA free trade deal to bring down customs duties, trade barriers
The Philippines and member states of the European Free Trade Association (EFTA)–Iceland, Liechtenstein, Norway, and Switzerland—have signed a far-reaching free trade agreement (FTA) that…
PH Feb imports propped up by strong domestic demand
Higher purchases of capital and consumer goods pushed imports up 1.2% in February 2016, the second month of positive performance for the Philippines after…
Think Local
Today, we’re just one week away from Election Day. “Finally,” you might say. It has been a particularly toxic campaign period. I don’t…
Fitch: M&As more effective than alliances for capacity cuts
There will be increased movement toward mergers and acquisitions (M&As) in the shipping industry as carriers begin to see them as the better solution…
Asia-Pacific pact on dry ports comes into force
The Intergovernmental Agreement on Dry Ports developed under the auspices of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)…
A few bright spots even as airfreight traffic remains slow
Cargo volumes for airlines were still sluggish in March 2016, but a few areas bucked the trend, offering “some hope of a change for…
Queues at Manila port shorten as truckers get the hang of TABS
Truck arrivals have begun to spread out within the 24-hour period, weeks after port operators started to strictly implement the Terminal Appointment Booking System…
IMO adopts mandatory electronic exchange of shipping information
The mandatory electronic exchange of information on cargo, crew, and passengers has been adopted by the International Maritime Organization (IMO) as the agency aims…
PH aviation body reduces paper requirements
The Civil Aeronautics Board (CAB) is cutting down on paper requirements for applications that need to go through hearings and investigations, a preparatory move…
BOC chief welcomes call for probe on pork smuggling
Customs Commissioner Alberto Lina has thrown his support to a Lower House resolution urging an immediate investigation into pork smuggling. “We at the BOC…
Advance manifest submission implemented on May 1
The Bureau of Customs (BOC) rules on advance manifest submission was implemented beginning May 1 under a “transition” period that will last until May…
First stage of Singapore’s Tuas Terminal project gets underway
Construction of the mega port in Tuas, Singapore, has officially started with initiation rites held on April 29 for the first phase of the…
Higher productivity key to reversing Asia-Pacific economic slowdown, says study
Bolstering productivity gains is what will reignite economic growth and drive the 2030 Agenda for Sustainable Development in Asia-Pacific, according to a new report…
Cargo volume up at South Korean ports
Cargoes processed at South Korean seaports edged up in the first quarter from a year earlier as a rise in domestic shipments made up…
Indonesia to ease ecology impact licensing rules under new economic policy
The government of Indonesia intends to relax regulations on issuing business nuisance licenses under its forthcoming 12th tranche of economic policy packages, a ministry…
Box liners reverse 5-month backslide in punctuality
Ocean box carriers bucked a five-month downward trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability…
Subpar demand drags down HK exports
Hong Kong’s total exports value in March fell 7% year-on-year, while the value of imports dropped 5.8%, the Census & Statistics Department announced. Total…
No growth in Singapore’s industrial output for March
Singaporean manufacturing output decreased just 0.5% in March 2016 year-on-year, as strong expansion in the volatile biomedical manufacturing cluster cancelled out a big decline in…
Malaysia eyes more MNCs to join principal hub plan
The Malaysian government wants to sign up this year 20 more multinational companies (MNCs) to participate in its Principal Hub (PH) program, joining the…
