In the interest of fairness, we are publishing in full the statement of Goldwin CFS, Inc on the overcharging case levelled against it by…
Goldwin CFS statement on ACOP charge
The Latest
PH imports outlook upbeat despite 26% decline in Dec
Philippine merchandise imports declined 25.8% in December 2015 from the year-ago level, the steepest monthly decline recorded since April 2009 and halting consecutive months…
Bidding for 5 airport projects worth P108B postponed
The deadline for submitting bid proposals for five Philippine airport projects costing a total of P108.19 billion has been extended, according to the Department…
Micro handicraft enterprises appeal for permanent lifting of chemicals control
Philippine handicraft exporters are asking for the permanent deregulation of basic chemicals used in the manufacture of their products, saying continued government control of…
Asia’s carriers lifted less air cargo in January
Soft conditions in air cargo markets persisted for Asia-Pacific carriers, according to traffic figures for January released recently by the Association of Asia Pacific…
BOC files case vs alleged smugglers of jewelry, used tires worth P18M
Charges have been levied against the consignee of used tires seized at the Manila International Container Port (MICP) and an importer of assorted pieces…
SM payment centers accepting payment from DHL Express customers
Individuals and small businesses can now pay for the services of DHL Express Philippines at payment centers located in SM malls. This after the…
Singapore’s factory output flat, Korean sentiments bleak
The manufacturing output of Singapore fell marginally by 0.5% in January on a yearly basis, the 12th consecutive month of decline, said the country’s…
World economy now at greater risk for stunted recovery, says IMF
The International Monetary Fund (IMF) has warned of higher risks for a derailed global recovery and called for urgent policy actions to strengthen growth…
Thai exports plunge to 4-year monthly low
Thailand registered a four-year record low in export performance in January this year, shipments having been affected by the weak global economy and decreasing…
Soekarno-Hatta Airport’s new terminal scheduled to open in May
The new terminal at Soekarno-Hatta International Airport in Indonesia, once operational, should strive to compete with Changi Airport of Singapore, urges a government official.…
Box ships slacken in service reliability
Container liners slipped in punctuality for January, registering a bad start to the year, according to a global research service provider. Box carriers last…
Slower economic growth for Hong Kong
The economy of Hong Kong is likely to expand 1% to 2% as envisaged in the territory’s 2016-2017 budget, with the government describing the…
South Korea’s box traffic expanded in January
Seaports in South Korea reported a decline in cargo volume processed in January compared to a year earlier, mainly due to a drop in…
Carriers seek PH guidelines specific to IMO container weighing rule
The Association of International Shipping Lines (AISL) is requesting the Philippine Ports Authority (PPA) to issue an order that collates all previous rulings on…
Singapore GDP growth eased to 2% in 2015
Singapore’s economy grew 1.8% year-on-year in the fourth quarter of 2015, with the whole-year gross domestic product (GDP) growth moderating to 2% last year,…
Hapag-Lloyd reaps profit and APL narrows losses despite challenging conditions
German box liner Hapag-Lloyd said it made a profit in 2015 in line with expectations, while Singapore-based Neptune Orient Lines (NOL) said it was…
Changi Airport unveils incentives package; HKIA marks slight growth
Singapore’s Changi Airport Group (CAG) has announced a package of support measures for its cargo partners at Changi Airport intended to provide cost relief…
Terminal Appointment Booking System protest set on Mar 8
The Aduana Business Club, Inc. (ABCI) is planning to hold a truckers’ and customs brokers’ holiday on March 8 to protest the implementation of…
BOC ready to comply with WTO free trade pact once ratified
The Bureau of Customs (BOC) is confident it can meet Philippine commitments to the World Trade Organization’s Trade Facilitation Agreement (WTO TFA) if it…
