The Philippine Economic Zone Authority (PEZA) will soon roll out its new electronic transfer system that aims to fully automate and simplify documentation of…
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Right-of-way issue derails signing of P1B Manila-Laguna cargo train project
The signing of the P1-billion cargo rail project that will connect the Manila International Container Terminal (MICT) to a Laguna off-dock facility using the…
BOC puts cap on excessive sending of info to E2M
The Bureau of Customs (BOC) has reduced the amount of transmissions that can be accepted by its electronic-to-mobile (E2M) system as one way to…
PH carriers asked to cut rates to reflect reduced oil costs
It’s time for Philippine shipping lines to cut their rates since fuel prices are now at the lowest they have been in a dozen…
APEC member nations reveal extent of tariff reductions done on green goods
Member economies of the Asia-Pacific Economic Cooperation (APEC) have finally published details of how they are fully implementing tariff reductions on more than 50…
Jakarta’s Kalibaru terminal set for trial run
Kalibaru Port, also called New Priok Port, in North Jakarta, Indonesia, is being prepared to undergo a trial run, as the government wants the…
PH import payments up 10% in Nov
The Philippines’ merchandise imports grew by 10.1% in November 2015, topping the import performances of 10 of its Asian peers, according to the National…
PH economy grew 6.3% in fourth quarter
The Philippines’ gross domestic product (GDP) grew 6.3% in the last quarter of 2015 and 5.8% for the full year, making the country one…
MOL anticipates $1.4B net loss for FY2015
Japanese ocean carrier Mitsui O.S.K. Lines (MOL) announced it expects to book a loss for its fiscal year 2015, a reversal of its earlier…
Malaysian gov’t cuts 2016 budget, GDP outlook
The government of Malaysia has revised down the country’s projected gross domestic product (GDP) growth in 2016 as it unveiled several restructuring measures and…
Ex-Socio Economic Planning Secretary Paderanga passes away
Former Socioeconomic Planning Secretary Cayetano Paderanga, Jr has died on January 29. He was 67. Paderanga was well known to the logistics community. He…
Logistics industry more cheery but it might just be seasonal, says report
Stakeholders in the logistics sector showed a happier disposition in their outlook for January than they did a month ago, tallying up a score…
Dragonair rebranded as Cathay Dragon
The Cathay Pacific group has announced the renaming of Cathay Pacific’s wholly owned sister airline Dragonair as Cathay Dragon, adding that the rebranded airline…
Indonesia addresses high logistics costs in ninth economic policy package
The Indonesian government has issued the ninth economic policy package which aims to deregulate the logistics industry to combat the country’s high logistics costs…
Singapore’s factory output down 7.9% in Dec and 5.2% in 2015
The manufacturing production of Singapore fell 7.9% in December 2015 on a yearly basis, the 11th straight month of decline, as most clusters, except…
Trucks enrolled in TABS officially get truck ban exemption
Trucks participating in the Terminal Appointment Booking System (TABS) have finally been granted exemption from the truck ban by the Metro Manila Council-Special Traffic…
PH logistics industry cautiously upbeat about 2016 prospects
Though showing varying levels of optimism, stakeholders in the Philippine cargo transport industry see 2016 as a generally positive year, but one still presenting…
Draft rules on PNP-controlled chemicals released next month
The draft memorandum circular that will clarify the list of chemicals under the Philippine National Police’s (PNP) control and detail how applicants can obtain…
Box shipping’s ‘new normal’ demand growth lower than expected, says Bimco
Container shipping posted sluggish volume growth in 2015 that did not translate to higher freight rates, as both box and global gross domestics product…
Dull global economy drags down HK exports
The value of Hong Kong’s total goods exports fell 1.1% year-on-year in December 2015 to HKD309.2 billion, after a year-on-year decrease of 3.5% in…