The Thai economy will expand by 3.5% this year, to be spurred by the government’s economic stimulus measures, according to the Thai Military Bank…
Thai economy seen to expand up to 3.5% this year
The Latest
Port equipment deliveries increase as terminals step up automation
The move toward port automation is on the rise, based on a new market survey of global container port equipment deliveries in 2014 released…
BIR centralizes processing of applications for authority to release imported goods
Philippine importers of excisable products must now apply for the Authority to Release Imported Goods (ATRIG) only with the head office of the Bureau of…
Davao port project bidder bows out
The Philippine government is hoping to convince the consortium that pulled out from the bidding of the Davao-Sasa Port Modernization project to reconsider its…
Pac-Atlantic marks 29 years
The management and staff of Pac-Atlantic Lines (Phils.) Inc. celebrated the company’s 29th anniversary with a thanksgiving mass and dinner at the roof deck of…
New Cebu Pacific airplane sports updated livery
Low-cost carrier Cebu Pacific has received its first aircraft which comes decked out in its new livery, a brand-new A320 aircraft that arrived from…
Balisacan leaves NEDA to lead new PH competition agency
Economic Planning Secretary Arsenio Balisacan, who is also director-general of the National Economic and Development Authority (NEDA), has resigned from his post to head…
Tanjung Pelepas port sets record 18,000 TEUs processed in a single berthing
The Port of Tanjung Pelepas (PTP) has become the first Malaysian port to handle more than 18,000 twenty-foot equivalent units (TEUs) in a single…
Singapore top investor as FDIs in Indonesia surge 19%
Foreign direct investments (FDIs) in Indonesia rose 19.2% in 2015 year-on-year to reach IDR365.9 trillion (US$26.4 billion), with Singapore as the largest investor, according…
Vietnam exports up 7.9% on strong electronics sales
Vietnam’s total merchandise exports for the whole of 2015 rose 7.9% in value year-on-year to US$162.11 billion, according to trade statistics released by Vietnam…
Global growth in 2016 gradual and unsteady due to China effect, Bimco predicts
The year 2016 will be one filled with challenges generated in large part by the slowdown of the Chinese economy, making global economic expansion…
China slowdown leading risk to emerging Asia’s growth in 2016—survey
A slowing China has emerged as the top threat to the growth of emerging markets in Asia-Pacific in 2016, according to results of a…
Hong Kong records reduced volumes of exports and re-exports
The volume of Hong Kong’s total goods exports decreased 1.1% year-on-year in November 2015, while the volume of goods imports dropped 5.4%, the Census…
Airfreight traffic slide bottoming out, says IATA
Cargo airlines’ profit expectations for the year ahead have moderated compared to early 2015, but industry executives polled recently indicate that their outlook remains…
Bicameral committee irons out most kinks in PH customs modernization act
The Senate and House bicameral conference committee has agreed on all but one of the provisions of the Customs Modernization and Tariff Act (CMTA),…
Malaysia jumps to fourth spot in emerging logistics industry ranking
Malaysia’s drive to develop a world-class infrastructure and transport network propelled it to fourth spot in an annual ranking of the world’s 45 leading…
Slight volume growth for HK air cargo sector in 2015
Hong Kong International Airport (HKIA) reported cargo throughput of 0.1% year-on-year growth, reaching a record of 4.38 million tonnes. In December 2015 alone, cargo…
Busan port cargo traffic up 4% in 2015
The Port of Busan missed its target volume for 2015 by a slight margin as the South Korean international maritime hub felt the impact…
PAL adds 2 more routes to the Middle East
Philippine Airlines (PAL) has started the year by expanding its network in the Middle East with the inauguration of its two latest destinations in…
13 infrastructure works not covered by PH election ban on spending
A total of 13 public-private partnership (PPP) projects mostly under the Philippine government’s transportation agency are exempted from the ban on spending public funds…
