Philippine airlines reflected the impact of slowing trade as the total cargo volume they handled dropped 11.11% in the first half of the year. Local…
PH airlines handle 11% less cargo in H1
The Latest
Asia-Pacific airports handled 40.5M MT of cargo in 2014
After three years of stagnation, worldwide airport cargo posted growth in 2014, with the Asia-Pacific region handling the largest amount of freight, according to…
Manila ports’ truck booking program rollout postponed
The target roll-out of the Terminal Appointment Booking System (TABS) by Manila’s two international terminal operators—Asian Terminals Inc. (ATI) and International Container Terminal Services,…
BOC’s revised rules on balikbayan boxes out this week
The Bureau of Customs (BOC) will issue on Sept 2 revised guidelines on shipping balikbayan (personal effects) boxes, the result of President Benigno Aquino III’s…
Top carriers split on plans for their box terminal assets
While global shipping lines are similarly focused on acquiring more and bigger ships, no such uniformity is discernible with their plans for the container…
IRS opens Subic facility for box repair, maintenance
Export containers that need maintenance and repair can now be fixed at Subic port with the recent launch of a maintenance and repair service…
SWS poll: BOC seen as most corrupt PH agency
The Bureau of Customs (BOC) is ranked in the latest survey of the Social Weather Stations (SWS) as the most corrupt of the 36…
Odd-even scheme, review of transport roadmap eyed to lick PH traffic
President Aquino last week said the odd-even scheme should be looked at as one of the solutions to Metro Manila’s massive traffic problems. Government…
CIAC joins PAL, Cebu Pac vs Emirates additional flights
Clark International Airport Corporation (CIAC) president Atty. Emigdio Tanjuatco III is backing flag carrier Philippine Airlines and budget carrier Cebu Pacific in opposing air…
Moody’s trims G20 economic growth on China effect
Global rating agency Moody’s Investors Service has pared its economic forecast for the top 20 economies in 2016 as it foretells a deeper impact…
Asia airlines carry lighter loads but post improved rates
Airfreight markets softened in July, reflecting the easing of international commerce and sluggish demand for Asian exports, traffic figures from the Association of Asia…
Malaysia, Thailand to use national currencies in bilateral trade
The central banks of Malaysia and Thailand have agreed to use their local currencies when engaging in cross-border trade and direct investment to promote…
Main sea lanes still key player in box trade growth, says report
Intra-Asian trade routes are regarded as a major catalyst for global trade expansion over the last decade in terms of box growth, but the…
Hapag-Lloyd swings to profit with CSAV merger
German box liner Hapag-Lloyd is reaping the benefits of the merger with Chilean shipping line Compania Sud Americana de Vapores (CSAV) as reflected in…
Court halts cancellation of P650M BOC computerization project
The Manila Regional Trial Court (RTC) has stopped Customs commissioner Alberto Lina from cancelling the bidding for the P650-million IT project of the Bureau…
P85M sugar shipment seized by BOC
The Bureau of Customs (BOC) has apprehended 57 containers laden with smuggled sugar from Thailand worth more than P85 million, the biggest seizure so…
Lina stays, says Aquino
President Benigno Aquino III is keeping Customs Commissioner Alberto Lina in government despite receiving widespread criticism due to proposed tighter measures involving inspection of…
Growing demand, mega ships fueling box port investment
Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global…
PH safeguard duties on steel angle bars extended until 2019
The Bureau of Customs (BOC) will collect additional safeguard duties on imports of steel angle bars, following a four-year extension of the measure granted…
Facilitating services trade a key APEC agenda
Trade in services is being given special focus in this year’s regional economic integration efforts, according to National Economic and Development Authority (NEDA) deputy…
