Singapore saw its non-oil domestic exports (NODX) decline by 7.2% year-on-year in December 2015, after the 3.4% decrease in the previous month, due to…
Singapore’s December exports declined 7.2%
The Latest
Customs modernization act gets PH Senate nod on 3rd reading
The Philippine Senate has approved on third and final reading the Customs Modernization and Tariff Act (CMTA) on the first day of the resumption…
PH Customs moves to clear all ports of overstaying boxes by end-Mar
Philippine Customs commissioner Alberto Lina directed all customs officials to get rid of all overstaying cargoes at all ports across the country on or…
Truck ban exemption for TABS users eyed starting Feb 15
The full implementation of the Terminal Appointment Booking System (TABS) may take effect on February 15, with trucks registered under the system getting exemption…
Port of Subic container volume up 59% in 2015
Container throughput at the Port of Subic in northern Philippines jumped 59% in 2015 to 123,558 TEUs twenty-foot equivalent units (TEUs) from 77,618 TEUs…
PH manufacturing sector expands in Nov amid robust local consumption
After posting a slight decline in October, the manufacturing sector accelerated in November 2015 mainly on strong local demand, according to the National Economic…
Marina, CAB get much higher budgets for 2016
The Philippine government has increased the budgets and set goals for the country’s maritime and aviation agencies for 2016. Under the General Appropriations Act…
ICTSI upgrades BCT intermodal facility, set to open Congo terminal in mid-2016
International Container Terminal Services, Inc (ICTSI) subsidiary Baltic Container Terminal (BCT) has completed its railway terminal modernization project in the Gdynia, Poland facility last…
Cebu airport among fastest rising hubs in SEA, says CAPA
Cargo volume at Mactan-Cebu International Airport (MCIA), the Philippines’s second busiest gateway, has increased 55.5% in the first 10 months of 2015, data from…
China launches Asian Infrastructure Investment Bank
The Asian Infrastructure Investment Bank (AIIB), a China-initiated multilateral bank seen as a rival to the U.S.-led World Bank, started operations on January 16,…
No letup in downward rate pressure seen for box shipping
The container ship industry started off 2015 on a positive note as demand seemed to take off, but the second half made a dramatic…
FDIs in Vietnam soar to $22.8B in 2015
Foreign investments and foreign-added capital in Vietnam both posted increases in 2015, according to the Foreign Investment Agency (FIA). The country attracted $22.8 billion…
Singapore offers more port perks as traffic decelerates
The Maritime and Port Authority of Singapore (MPA) announced additional port dues concessions for box vessels in a bid to stimulate dock activity, as…
Thai gov’t unwraps strategy to sharpen SMEs’ competitiveness in ASEAN market
The Thai government is developing measures and incentives to persuade small and medium enterprises (SMEs) to register with the state as part of a…
BOC DepComm Uvero detailed to DOF
Philippine Customs deputy commissioner for Assessment and Operations Coordinating Group (AOCG) Atty Agaton Teodoro Uvero has been detailed to the Department of Finance (DOF) to…
Team drafting Singapore’s new economic master plan forms 5 sub-groups
The newly formed group that has been tasked by the Singaporean government to update the city-state’s economic strategy has held its first meeting, in…
Kerry Logistics puts up new IT, port operations in ASEAN
A logistics service provider in Asia, Kerry Logistics, has taken further steps early in the year to solidify its presence in the Association of…
Updated PH Orange Book on port safety effective Jan 14
The Philippine Ports Authority (PPA) will implement on January 14 the updated and revised version of its rule book on safety, health, and environmental…
Tug assistance compulsory at PH port of Surigao
From January 14, all foreign and domestic vessels of at least 500 gross registered tonnage (GRT) which dock and undock at the baseport of…
PH exports slid 1.1% in Nov
Philippine merchandise exports fell 1.1% in November 2015, a decline for the eighth straight month, according to the Philippine Statistics Authority (PSA). Export revenues…
