Hong Kong’s total merchandise exports fell 3.7% in October year-on-year as global demand remained week and exports to most of its major markets continued…
Weak demand from key markets hurt HK’s October exports
The Latest
Vietnam’s exports expand to $14B in October
Vietnam registered merchandise export growth of US$14.31 billion in October 2015, up 3.6% from $13.81 billion a month earlier, and 2.1% higher than in…
New era of globalization arrives with Asia as biggest gainer—report
A new wave of globalization has begun, and the big changes it is bringing in the way global trade is conducted will have Asia…
ICTSI inaugurates MICT’s Yard 7
International Container Terminal Services, Inc. (ICTSI) inaugurated on November 26 Yard 7 of the Manila International Container Terminal (MICT) at the same time commissioned…
Singapore extends exemption of vessel sharing pacts from antitrust law
Singapore’s Ministry of Trade and Industry (MTI) announced the extension for another five years of the exemption of vessel sharing agreements from the anti-competition…
ASEAN study marks milestones in regional transport connectivity
With regional integration slated next year, the Association of Southeast Asian Nations (ASEAN) in a new report said several transport projects are already being…
ASEAN urges acceleration of domestic reforms for faster regional transport upgrade
The Association of Southeast Asian Nations (ASEAN) recommends the ratification of signed protocols and acceleration of domestic reforms needed to achieve transport facilitation through…
HK’s amended classification for I/E declarations takes effect 2016
The Customs and Excise Department of Hong Kong is reminding importers and exporters that import or export declarations for shipments on or after January…
BOC sets rules on e-processing of goods transfer from ecozone logistics facility to locator
The Philippine Bureau of Customs (BOC) has issued rules governing the electronic processing for the transfer of goods from one Ecozone Logistics Service Enterprise…
Keep an eye on new IMO amendments, MARINA tells maritime stakeholders
The Maritime Industry Authority (MARINA) has reminded shipping lines and other stakeholders of four amendments to International Maritime Organization (IMO) Conventions effective in January…
House bill equates agricultural smuggling with economic sabotage
Large-scale smuggling of agricultural products should be elevated to an act of economic sabotage and imposed harsher punishment. This is the proposal of Marikina…
PH eyed as global hub for procurement, supply chain
The Philippines can become the world’s hub for procurement and supply chain, with both functions already regarded by locally based companies as their competitive…
Singapore’s economy expands 1.9% in Q3, seen to grow 1%-3% next year
The gross domestic product (GDP) of Singapore grew by 1.9% year-on-year in the third quarter of 2015, and is expected to grow by close…
Sea freight logistics firms more downbeat about prospects than air freight
The confidence level of logistics stakeholders slid some more for the sixth straight month in November, more so for sea freight forwarders and shippers…
Emerging Asia to keep growing though more slowly through 2020
Economies in Emerging Asia (Southeast Asia, China and India) are set for robust—though more moderate than in recent years—growth over the medium term, according…
APEC leaders want faster work on Single Window, AEO, electronic port projects
Asia-Pacific Economic Cooperation (APEC) ministers wish to see more progress made on several programs on cross-border trade facilitation in the region, including the Authorized…
Reforms, including improving logistics, needed for full integration of PH into global value chain
The Philippines stands to gain much from becoming a more active player in the global value chain (GVC)—but only after it solves major hindrances…
ASEAN leaders sign historic deal establishing economic community
Leaders of the Association of Southeast Asian Nations (ASEAN) signed on November 22, 2015 a declaration establishing the ASEAN Economic Community, or AEC, by…
Asia-Pacific CEOs less confident but still plan to increase investments next year
Business leaders in Asia-Pacific are less confident now about prospects for revenue growth, but majority still plan to increase their investments, particularly in China,…
NOL enters exclusive acquisition talks with CMA CGM
Box liners Neptune Orient Lines Limited (NOL) and CMA CGM have announced they have made an exclusive agreement to discuss until the first week…
