The Department of Trade and Industry (DTI) is urging government agencies to work together in order to collectively achieve the export goals envisioned in…
DTI to promote coordinated action to reach export goals
The Latest
2016 S’pore budget proposes tax perks for SMEs to transform economy
The new budget plan of Singapore for full-year 2016 features more tax incentives to SMEs, and a cap on the total amount of personal…
Thai exports expand 10.3% in Feb due largely to gold rush
Thailand’s exports moved up by over 10% in February, the first expansion in the last 13 months, largely owing to a boom in gold…
Vietnam gov’t eyes 6.5%-7% GDP growth under 2016-2020 dev’t plan
The Vietnamese government has introduced a holistic socioeconomic development plan designed to turn the country into a modern, industrialized economy by 2020. Deputy Prime Minister…
Malaysian air cargo carrier to expand operations to ASEAN
A Malaysia-based air cargo express service has announced plans to beef up its fleet as it sets its sights on the international market, particularly…
Singapore’s factory output slides back 4.7%
Singapore’s manufacturing output declined 4.7% in February on a year-on-year basis, according to the country’s Economic Development Board (EDB). EDB said excluding biomedical manufacturing,…
S Korean seaport cargo dipped in February
Cargo processed at South Korean seaports edged down in February from a year earlier, due mainly to a drop in exports and imports, according…
BOC’s P32.6B cash collection in Dec a 10-year high
The Bureau of Customs’ (BOC) cash collection in December 2015 reached P32.6 billion, 20.4% more than December 2014’s P27.1 billion. The latest figure is…
Cebu air cargo volume surges 57% in 2015
Cargo volume in the Philippines’ second major gateway Mactan-Cebu International Airport (MCIA) rose 56.5% in 2015, with both domestic and international shipments recording double-digit…
TABS compliance 96% on first week of full implementation
Operators of Manila’s container terminals said the first week of strict and full implementation of the Terminal Appointment Booking System (TABS) showed high compliance…
BOC, PHLPost ink MOA for faster release of parcels
The Bureau of Customs (BOC) and Philippine Postal Corporation (PHLPost) have signed a memorandum of agreement (MOA) that aims to speed up the customs…
PH imports up 30.8% in January
Philippine merchandise imports increased 30.8% in January 2016, reversing December 2015’s 25.8% decline, according to the Philippine Statistics Authority (PSA). PSA said imports for…
BOC Piers division to get hard copy of sea manifest
The Bureau of Customs (BOC) now requires a hard copy of the sea manifest to be submitted to its Piers and Inspection Division (PID).…
Awarding of PPP projects to go ahead despite bid process postponements
The Philippine government is bent on awarding by June 30 some public-private partnership (PPP) projects whose bid submission dates were postponed by their respective…
BOC foils entry of illegal drugs worth P2M
The Bureau of Customs (BOC) and the Philippine Drug Enforcement Agency have stopped attempts to sneak into and out of Ninoy Aquino International Airport…
Subic maritime operations revenue up 21% in 2015
Revenue from the maritime and logistics business unit of the Subic Bay Metropolitan Authority (SBMA) contributed P1.588 billion to the agency’s coffers last year.…
North-South Railway Project sets new deadline for filing qualification docs
Submission of qualification documents for the government’s biggest public-private partnership (PPP) project—the P171-billion North-South Railway Project (NSRP)—has been moved back so interested companies can…
Bidding deadline for P108B airport projects deferred yet again
The deadline for submission of bids to the operations and maintenance (O&M) project for five airports across the Philippines has again been put off…
NLEX-SCTEX tollway integration completed
Motorists heading north can expect a faster and easier road trip this Holy Week, as the integration of the North Luzon Expressway (NLEX) and…
PAL bares ambitious expansion plan
Philippine Airlines (PAL) aims to become a five-star airline in five years’ time with service innovations, route network expansion, and fleet modernization as its…
