For all the woes besetting the air cargo industry this year, WorldACD data indicates that certain groups of airlines and certain markets have been…
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Indonesian gov’t cuts investment red tape to 3 hours
Reducing the time for processing investment applications to a few hours from the previous days is among the new measures to be implemented by…
SG Customs to supervise unstuffing of select import cargo
A new circular has been issued by Singapore Customs advising traders and declaring agents that it conducts selective customs supervision of unstuffing of import…
G6 to shrink Asia-North America capacity in winter
The G6 Alliance has announced temporary service suspensions in the Far East-North America trade as box lines adjust to the expected slow demand traditionally…
Air cargo market breaks 2-month decline with modest growth
Global airfreight markets stabilized in August after two months of decline, crawling up 0.2% in freight tonne kilometer (FTK) measurements compared to the same…
Non-confirmation policy on old trucks stays: LTFRB
The Land Transportation Franchising and Regulatory Board (LTFRB) will continue to implement the non-confirmation year (NCY) policy, a measure designed to phase out old…
Subic port gets new equipment
Subic Bay International Terminal Corp. (SBITC) recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors for its Subic…
Stop debates, pass Customs modernization act — solon
The Customs Modernization and Tariff Act (CMTA) will modernize the Bureau of Customs (BOC), align the agency’s operations to global best practices, and increase…
All systems go for Manila ports’ online terminal booking facility
Manila South Harbor operator Asian Terminals Inc. (ATI) said it’s all systems go for the Terminal Appointment Booking System (TABS), the online system designed…
PH AirAsia growth seen to resume in 2016
Following the recent completion of the prolonged merger with Zest Airways, Philippines AirAsia (PAA), the local arm of Malaysia’s low-cost carrier giant Air Asia…
Harbour Centre accused of hoarding NFA rice
A consumer group is asking the National Food Authority (NFA) to look into allegations that port operator Harbour Centre Port Terminal Inc (HCPTI) is…
Thai central bank cuts GDP, export targets
The Bank of Thailand (BOT) has lowered the gross domestic product (GDP) forecast of the country for 2015 to 2.7% due to the volatile…
Developing Asia’s GDP growth pace moderating, says ADB
Growth forecasts for developing Asia have been revised down to 5.8% in 2015 and 6% from its forecast earlier this year of 6.3% for…
PH maritime trade busy with more ships on shore
The number of domestic vessels plying Philippine waters increased 8.6% to 22,034 as of June 2015 from 20,280 in the same period last year,…
IATA issues latest rules on dangerous goods transport
The International Air Transport Association (IATA) has released the 57th edition of the Dangerous Goods Regulations (DGR), which covers changes that will take effect…
Vietnam says new Customs law bringing positive changes a year after
The General Department of Vietnam Customs (GDVC) said that a year after the amendment of the country’s customs law, it has brought a number…
PH Customs asked to publish online import prices of commonly smuggled goods
The Bureau of Customs (BOC) was urged over the weekend to declare import prices of products frequently smuggled into the country. “One way of…
New cargo airline plans to tap into China’s e-commerce boom
The growing e-commerce industry in China and nearby countries has prompted five companies led by Chinese carrier Okay Airlines to put up a new…
DHL Express to adopt 4.9% hike in PH for time-definite international products
DHL Express has announced its annual general average price increase, effective January 1, 2016. In the Philippines, the average price increase will be 4.9%.…
ICTSI’s Berth 7 expansion project gets BOI incentives
The Board of Investments (BOI) is granting incentives to International Container Terminal Services, Inc (ICTSI) for the P5-billion expansion of Berth 7 at its…