The Association of Southeast Asian Nations (ASEAN) is targeting a “substantial conclusion” of the Regional Comprehensive Economic Partnership (RCEP) negotiations this year, according to…
ASEAN aims to conclude RCEP deal this year
The Latest
Port of Manila achieves ideal capacity—PPA
Manila’s two international ports have reached optimum capacity and are prepared for the anticipated surge in activity in the run-up to Christmas and the…
Supply-demand imbalance reaching ‘tipping point’—Drewry
The supply-demand gap is widening and industry load factors are worsening, making it that much harder for carriers to stem the freefall of freight…
PH airlines lift 9% more cargo in first quarter
Cargo volume carried by Philippine airlines in the first quarter of 2015 rose 9.4% to 58.9 million kilograms from 53.82 million kilos in the same…
PPA beefs up preparations for ASEAN integration
The Philippine Ports Authority (PPA) has intensified preparations for the Association of Southeast Asian Nations (ASEAN) integration in two areas—increasing cargo handling capacity to…
Return xrays to Mindanao port premises, shippers press BOC
Importers shipping through the Mindanao Container Terminal (MCT) have again asked for the return of x-rays to within the port area to do away…
Indonesia starts box terminal, Thailand mulls new port
Indonesia is building a new container port on the north coast of Java that is seen to spur economic activity on the island, improve…
DTI orders release of import commodity clearance within 3 days
Import commodity clearances (ICCs) must be issued to Philippine importers and traders within three working days of filing to ensure ease in doing business…
P959M General Santos aerotropolis to put Mindanao on world map
The proposed P959-million General Santos City Airport Industrial Complex will position Region 12 as a major international gateway or aerotropolis in Mindanao, according to…
PPA ports exceed income target by 86%
The Philippine Ports Authority (PPA) saw its net income in the first four months of 2015 increase by more than 22% compared to the…
PH factory output deflates but business sentiment still high
Weak global demand and the prolonged dry spell from the El Niño phenomenon pulled down Philippine manufacturing production in May 2015, according to the…
PH May exports contract to 4-year low
Philippine merchandise exports registered its sharpest drop since December 2011 as it declined 17.4% in May 2015, according to the National Economic and Development…
BOC drags to court alleged smuggler of P13M sugar shipment
The Bureau of Customs (BOC) has filed charges against an importer and customs broker who allegedly smuggled P13.5 million worth of sugar into the…
BOC springs surprise check on Davao ports for fake rice
Following reports that synthetic rice was being sold in Davao, the chief of the Bureau of Customs (BOC) led an unannounced inspection of ports…
Davao-Sasa Port upgrade crucial to Mindanao trade growth
Modernizing the century-old Davao-Sasa port will fuel trade and spur economic and social development across Mindanao, according to Transportation Secretary Joseph Emilio Abaya. “No…
Davao airport to upgrade its aircraft navigation system
The Civil Aviation Authority of the Philippines (CAAP) will install a new navigational system at the Francisco Bangoy International Airport (Davao International Airport) to…
IMF foretells divergent growth for emerging and advanced economies
Global growth will continue to be moderate in 2015 and 2016, driven largely by the improving recovery of advanced economies as emerging markets keep…
Poland’s Gdansk port raises hopes for Asia-Europe trade
Ocean carriers are adding new calls to Gdansk as the Polish port shows remarkable growth in contrast to other regional ports, fueling optimism for…
Maersk orders 9 nimble 14,000-TEU box ships for various trades
Danish ocean box carrier Maersk Line on July 8 signed an order contract with Hyundai Heavy Industries (HHI) for nine newbuilds with a capacity…
Aquino cuts tariff rates on imports promoting green growth
President Benigno Aquino III has issued an executive order modifying tariff rates on certain imported products, particularly goods that support green initiatives, as part…
