Cargo volume handled by Philippine ports in 2015 dropped 33% to 141.498 million metric tons (mmt) in 2015, down from the 221.241 mmt recorded…
PH ports suffer 33% drop in 2015 cargo throughput
The Latest
PPA allows online application for certain port permits
Port stakeholders can soon apply and process permits for port ancillary service and vehicle or port users’ pass online using the Philippine Ports Authority…
Boeing sees $550B demand for new planes in Southeast Asia
Southeast Asia will need more than 3,700 new airplanes over the next 20 years, according to demand projections by aircraft manufacturer Boeing. In its…
PH 2016 economic growth targets cut
The Philippine government has downgraded its economic growth target this year to between 6.8% and 7.8% from the previous 7% to 8% due to…
PH metal sector cautious, delays expansion amid slump in global demand
Most Philippine metal companies are choosing to delay spending on expansion until after May elections and amid sluggish global demand. Jimmy Chan, Philippine Exporters…
NLEX widening starts this month
Parts of the North Luzon Expressway (NLEX) will soon undergo a P2.6-billion road widening project in anticipation of rising traffic along the key 93-kilometer…
PH exports to Europe surge with EU-GSP+ program
Philippine exports to the European Union (EU) increased 27% in the first half of 2015 as more exporters took advantage of the duty-free access…
Standard & Poor’s predicts more miseries for box shipping
Rating agency Standard & Poor’s forecasts that global container shipping will continue to face difficult operating conditions over the coming year, characterized by fragile…
2015 a sluggish year for Asia-Pacific air cargo hubs
Air cargo traffic at Asia-Pacific airports registered weak growth in full-year 2015, in line with only marginal expansion overall for global volumes for the…
PH online truck booking points payment scheme to start by mid-March
Manila’s international container terminals will activate by mid-March two additional functions under the Terminal Appointment Booking System (TABS)—the points payment system and the terminal…
Aquino signs order giving teeth to drive vs PH maritime transport security risks
The Philippine government has issued a new measure that reinforces the country’s international commitment to fighting security threats against the maritime transportation system. Executive…
PH brokers not obsolete with Customs modernization act—industry exec
The need for services of Philippine customs brokers may diminish but not completely disappear with the Customs Modernization and Tariff Act (CMTA), said Chamber…
PH agri dept’s new food safety management system for testing at gateways, markets
The Philippine Department of Agriculture (DA) has announced plans to pilot test starting this month a proposed food safety risk management system intended to…
Malaysia’s industrial output inched up in December
The Industrial Production Index (IPI) of Malaysia rose 2.7% in December 2015 to 127.2 against the corresponding month in 2014, supported by positive growth…
PH to bat for services development roadmap at APEC meeting in Peru
A long-term competitiveness roadmap on services for the region is on top of the Philippine delegation agenda to the first Asia-Pacific Economic Cooperation (APEC)…
Aquino approves 3-year Philippine Export Development Plan
President Benigno Aquino III has approved the Philippine Export Development Plan (PEDP) for 2015 to 2017 that sets exports growth target of 8 to…
Indonesian Q4 GDP growth quickens on stronger gov’t spending
Indonesia’s economy grew by 5.04% in the fourth quarter of 2015 from the same period in 2014, the highest growth compared to the earlier…
Trade imbalance balloons for East-West lanes
Global two-way container traffic grew by just 1.4% in full-year 2015, largely pushed down by the widening trade imbalance for the East-West trades, according…
Leading air cargo forwarders lose market share
The top 20 air cargo forwarders saw their slice of the worldwide market in terms of revenue and volume decline in 2015, even as…
PH exports slip 3% in Dec
Philippine merchandise exports declined for the ninth straight month with a 3% drop in December 2015 despite the double-digit increase in petroleum sales, according…
