Cargo-handling charges at the baseport of Cagayan de Oro increased 9% following approval from the Philippine Ports Authority (PPA). The new rates took effect…
Cagayan de Oro baseport granted 9% hike in cargo-handling charge
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ATI to operate Batangas Port for another decade
Philippine port operator Asian Terminals Inc. (ATI) has renewed its contract to operate, maintain, and develop the Batangas Port Phase 1 for another 10…
East Asia to post moderate but still solid growth, says World Bank
Economies in East Asia are expected to decelerate in growth momentum this year, even as the region remains one of the main growth drivers…
ASEAN peers trump PH in infrastructure development
While the Philippines improved its overall ranking in the latest World Economic Forum (WEF) Global Competitiveness Report 2015-2016, the country still has some ways…
Indonesia to open 3-hour investment permit service
The Indonesian government will be publishing a regulation that will assure investment principle permits are issued within three hours, even as it announced plans…
Trans-Pacific Partnership deal reached
Twelve countries led by the United States and Japan finally came to an agreement October 5, 2015 to establish the Trans-Pacific Partnership (TPP), which…
Truck ban exemption for TABS users not yet in effect
Truckers with Terminal Appointment Booking System (TABS) reservations at Manila ports are being discouraged from plying roads during the truck ban even if a…
Torres leads new set of PISFA officers
The Philippine International Seafreight Forwarders Association (PISFA) has elected its new officers and board of directors who will serve from 2015 to 2017. Doris…
Still no certifying body for PH multimodal transport operators
Multimodal transport operators operating in the Philippines may have to wait until yearend before the government can decide which department to designate as the certifying…
Vietnam says palpable gains from new tax, customs reforms
Vietnam’s Ministry of Finance (MOF) has successfully carried out comprehensive reforms in taxation and customs administration whose benefits are now slowly manifesting, according to…
Use of GoFast for smooth return of empty containers pushed
Customs brokers and truckers are being encouraged to register with and use GoFast, the online system that organizes the return of empty containers to…
Exemption of arrastre operator from negligence rule
Can the arrastre operator be exempt from the presumption of the fault/negligence rule? Yes. And this is the story. Sometime in 1989,…
More PH importers, brokers accredited
A total of 13,483 importers and customs brokers have been accredited with the Bureau of Customs (BOC), while 1,512 were weeded out as of…
BOC eyes another revamp involving underperformers, including district collectors
The Bureau of Customs (BOC) is planning another wave of reshuffle that will focus on underperforming staff, including district collectors who have failed to…
Small forwarders urged to leverage new technology to outsmart market leaders
As large forwarders continue to expand in size and clout, independent small and mid-sized freight forwarders should look at harnessing innovative new technologies to…
Singapore’s factory output records third month of decline
Singapore’s manufacturing activity shrank in September, the third straight month of decline after having expanded over two consecutive months. The latest Purchasing Managers’ Index…
BOC, sugar industry join hands in war vs smugglers
The Bureau of Customs (BOC) has deputized representatives from the Sugar Regulatory Administration (SRA) and Sugar Anti-Smuggling Office of the Sugar Alliance of the…
PH global competitiveness rank improves
The Philippines climbed five notches to 47th place out of 140 economies in the World Economic Forum’s (WEF) Global Competitiveness Report 2015-2016, better than…
Subic port container volume nearly doubles in Aug
Container throughput at the Port of Subic grew 93% in August to 83,000 twenty-foot equivalent units (TEUs) from 43,000 TEUs in the same month…
Vietnam vaults up in global competitiveness, innovation indices
Vietnam’s competitiveness ranking jumped 12 places and its innovation index soared 19 spots, according to the Global Competitiveness Report 2015-2016 of the World Economic…
