The Subic Bay Metropolitan Authority (SBMA) recently bagged two major awards in the recently concluded survey of Global Free Zones of the Year 2015…
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MCC Transport unveils SMS service on shipment whereabouts
Intra-Asia carrier MCC Transport has introduced a new service that provides clients in the Philippines with information and updates on their cargoes. Officially launched…
Automation of PH customs bonded warehouses slated in 2016
The Bureau of Customs (BOC) is pushing through with plans to automate customs bonded warehouses (CBWs) in the Philippines by 2016. In a text…
BOC to clear 16th St from illegally parked vehicles
Starting at 8am on Oct 13, the Bureau of Customs will clear 16th Street in South Harbor, Port Area, Manila from illegally parked trucks…
Depot operators wary over reports Manila terminals operating as ECDs
The Container Depot Alliance of the Philippines (CDAP) raised “serious concern” over reports Manila terminal operators are offering some carriers free storage for their…
Davao port bidders to conduct ocular inspection
The five pre-qualified bidders to the P19.7-billion Davao-Sasa modernization project will be going on a five-day visit to the port this month prior to…
PH manufacturing rebounds with Aug volume increase
After a three-month decline, the Philippine manufacturing sector bounced back in August 2015 on the back of vigorous construction activity and high demand for…
Solon to pursue CMTA passage when Congress resumes sessions
Senator Juan Edgardo Angara has vowed to continue pushing for the passage of the Customs Modernization and Tariff Act (CMTA) as Congress entered a…
BOC-MICP revenue from auction of seized goods swells
The Bureau of Customs-Manila International Container Port (BOC-MICP) collection district generated P331.89 million in revenue in the first nine months of 2015 derived from…
Moody’s: Asian partners ‘biggest beneficiaries’ of TPP deal
The recent pact on the Trans-Pacific Partnership (TPP) trade agreement is credit positive for all 12 participating sovereigns, but especially for those in Asia,…
Expanded yard at the MICT by yearend
International Container Terminal Services, Inc (ICTSI) will complete Manila International Container Terminal’s first stage expansion of Yard 7 before the year ends. Upon completion,…
Vietnam’s Customs agency creates online monitoring unit
The Customs agency of Vietnam has opened an online monitoring unit that will promote increased transparency and efficiency in carrying out customs procedures, and…
FTAs exert positive effect on box shipping, says Drewry
Free trade agreements (FTAs) like the latest Trans-Pacific Partnership (TPP) deal bolster not just trade among the partners but also the growth of container…
DSV offers $1.35B in takeover bid for UTi
Danish logistics service provider DSV Group is buying smaller competitor U.S.-based UTi Worldwide Inc. for US$1.35 billion in a move to boost DSV’s earnings…
Indonesia to streamline, harmonize 12,000 trade regulations
The Indonesian government plans to trim down by half 12,471 regulations that concern economic development in order to harmonize rules and simplify the national…
Box shipping demand up 1.1% in first half
Global container shipping volumes were up by 1.1% in the first six months of 2015, as year-on-year increases in all three months of the…
5 defining features of Trans-Pacific Partnership
The Trans-Pacific Partnership (TPP) has “five defining features” that set a new standard for global trade while taking up next-generation issues, according to Malaysia’s…
BOC introduces key changes to issuance, lifting of alert orders
The Bureau of Customs (BOC) has issued revised rules for the electronic/manual issuance and lifting of alert orders aimed at promoting “transparency and accountability”…
Box carriers’ September GRI bid fails as freight rates plunge further
September proved to be a “terrible” month for the container shipping industry, according to a recent analysis by Freight Investor Services (FIS). Rates fell…
BOC begins uninterrupted 12-hour work scheme
The Bureau of Customs (BOC) has begun to fully implement a 12-hour work schedule and no-noon-break policy from October 1. The 7 a.m. to…