The Philippine Ports Authority (PPA) recently mandated the transfer of the administration and operation of PPA Manila International Container Terminal (MICT) from the Port…
The Latest
HKIA cargo growth hits bump
Hong Kong International Airport (HKIA) recorded a contraction in June cargo volume and saw flat growth in the first half of the year. In…
NOL: No decision yet on potential company sale
Singapore-based global carrier Neptune Orient Lines Limited (NOL) says there is yet no decision made to enter into any agreement to sell the company,…
Vietnam FDIs shoot up 80% in H1
Foreign direct investments (FDIs) in Vietnam in the first half of the year leaped more than 80% from the same period last year, according…
European firms seek dismantling of ASEAN non-tariff barriers
The elimination of non-tariff barriers (NTBs) to trade tops the list of recommendations made recently by European businesses in Southeast Asia that say NTBs…
Indonesian port orders ARTG system as Incheon aims for greater glory
State-owned port operator PT Pelabuhan Indonesia III (Pelindo III) of Indonesia has placed a repeat order with Konecranes for an automated RTG (ARTG) system…
BOC requires seizure, forfeiture status reports for speedy resolution of cases
Customs Commissioner Alberto Lina has directed Bureau of Customs (BOC) officials to submit status reports on all seizure and forfeiture cases from January 2015…
Tariff Commission to get online copies of BOC entries
The Bureau of Customs (BOC) and the Tariff Commission (TC) have signed a landmark deal allowing electronic information exchange between the two agencies, a…
Benefits of port connector road too many to ignore, says PCCI
The Philippine Chamber of Commerce and Industry (PCCI) is asking the government to approve the proposed elevated expressway project that will connect the Port…
2Go eyes 25% income uptick in 2015
Listed company 2Go Group, Inc. forecasts a 25% hike in net income to P1.1 billion in 2015 from P880 million in 2014, the boost…
PH customs brokers set July 20 rally against CMTA
Associations of customs brokers and members of the academe will hold a mass assembly on July 20 to protest a provision in the proposed…
Listless US, China economies temper outlook for Developing Asia
Growth forecasts for this year and the next for developing economies in Asia have been cut amid slower-than-expected economic activity in the United States…
Regional trade, new technologies reshaping future of freight forwarding
Intra-regional trade and the use of technology in transportation are increasing, and these trends are expected to bring changes to traditional freight forwarding, according…
Malaysia ranked 6th most attractive foreign investor destination
Malaysia’s attractiveness as a foreign investment destination got a lift, as the country landed in sixth spot in this year’s Baseline Profitability Index (BPI),…
Singapore’s GDP growth moderates on steep production decline
The gross domestic product (GDP) of Singapore grew by 1.7% year-on-year in the second quarter of 2015, lower than the 2.8% growth in the…
Maersk names 19th mega ship for Asia-Europe network
Danish shipping company Maersk Line christened on July 13 the Marchen Maersk—one of the largest ships in its fleet and among the most advanced…
Slipping Far East exports impact global airfreight
Slowing airfreight market growth is raising concerns for the industry, as it dipped to a one-year low of 1.3% in May, and half of…
BOC tops June collection target as import volume expands
For the second time this year, the Bureau of Customs (BOC) exceeded its monthly target, with total collections for June 2015 up 6.4% to…
5 RTGs in Manila South Harbor operational by Aug
Five rubber-tired gantry cranes (RTGs) are now being assembled at the Manila South Harbor by listed port operator Asian Terminals Inc. (ATI) for full…
Carrier groups seek decisive PPA action on persistent port inadequacies
Philippine port stakeholders have unveiled a laundry list of immediate and long-term measures that the government, especially the Philippine Ports Authority (PPA), can undertake…