Singapore has rolled out a new design masterplan that outlines 15 recommendations to turn the city-state into an innovation-driven economy where more businesses, opportunities,…
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HK’s new maritime and port dev’t agency opens April
The new Hong Kong Maritime and Port Board tasked to strengthen maritime and port development initiatives will be officially established in April 2016, according…
Mergers show way out for ‘distressed’ box shipping industry, says study
Further consolidation may be the only cure for the malaise afflicting the container shipping industry, whose shaky financial state will likely worsen in 2016,…
Vietnam’s Cam Ranh Bay port opens, Malaysia’s Lumut port expands
Vietnam recently inaugurated the Cam Ranh International Port in the central coastal province of Khanh Hoa, which is expected to become the biggest deepwater port in the country…
Add VGM To Your 2016 Industry Lingo
In the 07 December 2015 issue of our column, we introduced to our readers a list of industry terminologies that we projected will be…
ICTSI 2015 net income down 64%
International Container Terminal Services, Inc. (ICTSI) reported a 64% decline in net income for 2015 to US$69 million in 2015 from $192 million in…
Implementing rules for TABS points scheme issued
Port operator International Container Terminal Services, Inc. (ICTSI) has released the implementing rules and regulations (IRR) as well as the user guide for the…
BOC mandates electronic declaration for air cargoes
All customs declarations for commercial air export cargo via the Philippines’ four main airports must now be lodged electronically, specifically, through the electronic-to-mobile Automated…
Auto importers without ATRIG get Mar 31 deadline to file for BIR permit
All Philippine importers of automobiles released from the custody of the Bureau of Customs (BOC) but not yet given an Authority to Release Imported…
Confirmed runway slots pre-requisite to airlines’ right to operate PH flights
All carriers operating in Manila are now required to first secure slots for runway and terminal capacity from airport coordinators before being granted the…
PH exporters gain much from logistics reforms: DTI
Philippine exporters stand to be the ultimate beneficiaries of the slew of new and upcoming laws as well as regulatory reforms in transportation and…
APL makes changes to Subic network
Global carrier APL has decided to replace the service that regularly calls Subic Port. In an advisory, Subic Bay International Terminal Corp (SBITC) said…
Foreign airlines checking out Clark Airport
At least seven international airlines have expressed their intention to explore operating at the Philippines’ Clark International Airport (CRK), according to Clark International Airport…
Palacios named new PPP chief
President Benigno Aquino III has appointed Atty. Andre Palacios as the new executive director of the Public-Private Partnership (PPP) Center, replacing Cosette Canilao who…
Huge turnout for AISL golf tournament at The Orchard
The Association of International Shipping Lines (AISL) recently held its 8th Annual Fellowship Golf Tournament at the Orchard Golf and Country Club in Cavite…
Marina tops 2015 revenue targets
The Philippine Maritime Industry Authority (Marina) surpassed by a good margin its target revenues for 2015 while also beating target key performance indicators for…
Indonesia plans more policy reforms to improve ease of doing business
The Indonesian government is preparing to release more policy guidelines and revise various regulations as part of efforts to improve ease of doing business…
Hong Kong port’s box traffic down in 4Q and FY2015
The Port of Hong Kong logged contractions in container traffic in both fourth quarter and full year of 2015, according to figures released by…
Fitch cuts growth forecasts but sees no global recession
Global credit rating agency Fitch Ratings has revised downward growth forecasts for the world economy in its latest “Global Economic Outlook” (GEO), but says…
Asia-Pacific carriers registered slight cargo expansion in January
Airfreight volumes in January 2016 for Asia-Pacific regional airlines, whose share accounts for almost 39% of the world market, expanded by more than 1%…