BROKERS, importers and other stakeholders dealing with the Philippine Bureau of Customs (BOC) should be prepared for changes in the agency. In his recent…
The Latest
PH economy posts 7.0% GDP growth in Q3
THE Philippine economy grew 7.0% year-on-year in the third quarter of 2013, the slowest pace in more than a year, with growth driven by…
FAA audit moved to next January, says CAAP
THE long wait for an upgrade in the Philippines’ aviation safety rating may take a little longer, following the US Federal Aviation Administration’s move…
Election Results
We wish to announce the results of the election of the 2014 Board of Directors. The election was held at the General Membership Meeting…
ICTSI sells majority stake in Cebu container terminal
Manila-based International Container Terminal Services Inc. (ICTSI) is selling its 51% stake in a container terminal in Cebu, the company said in a disclosure…
PH Customs chief says he’s ready to face PDAF misuse charges
PHILIPPINE Customs Commissioner Rozzano Rufino Biazon said he is “willing and ready” to face allegations against him after he was named as one of…
7 groups vie for Mactan-Cebu airport project
SEVEN pre-qualified groups last week bid for the P17.5-billion Mactan-Cebu International Airport (MCIA) project, the first airport put on the block under the Aquino…
PH Customs Oct collections rise to P27.9B, still below target
CUSTOMS collections increased 3.4% for October to P27.86 billion from P26.934 billion year-on-year as revenue improved for four months in a row, according to…
Winds of change blowing at Philippine Shippers’ Bureau
FREIGHT forwarders, be ready for changes at the Philippine Shippers’ Bureau (PSB). A reliable source from PSB’s mother agency, the Department of Trade and…
Seven PPP projects worth P184B win PH gov’t approval
THE National Economic and Development Authority (NEDA) board, chaired by Philippine President Benigno Aquino III, has approved seven infrastructure projects that would cost a…
PH ports agency chief assumes chairmanship of ASEAN port group
PHILIPPINE Ports Authority (PPA) general manager Juan C. Sta. Ana has assumed the chairmanship of the Association of Southeast Asian Nations Ports Association (APA),…
PH not quite ready for ASEAN economic integration
AT LEAST five members of the Association of Southeast Asian Nations (ASEAN) are well advanced in their preparations for the coming economic integration of…
Cebu port soft-opens passenger terminal
THE Cebu Port Authority (CPA) has soft-launched the new passenger terminal on Pier 1 at the Port of Cebu, a new addition to the…
Projected BOC Automation Initiatives
A stakeholder review of draft regulations for strict implementation of the mandatory advance submission of air manifest as well as the proposed submission of…
The Rotterdam Rules
The Rotterdam Rules is the United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partially by Sea. It is a…
Hanjin Shipping appoints Tai as chief exec
Hanjin Shipping has appointed Tai Soo Suk as its new president and CEO, who takes over from Young Min Kim. Young left the post…
OECD: fragile, risk-sensitive recovery for global economy through 2015
The global economy is seen to continue expanding moderately over the next two years, but the growth can be derailed by instability in financial…
Stabilizing cargo traffic boosts Asian airlines’ confidence
Asia-Pacific airlines registered a moderate rise in air cargo movement in October as airfreight traffic continues to stabilize, data from the Association of Asia…
Indonesia granted $400-M loan to upgrade logistics infra
Indonesia has received a US$400 million loan from the Asian Development Bank (ADB) to help improve the Southeast Asian country’s logistics and transport sector,…
Asian Shippers Council: P3 will kill off smaller players
The Asian Shippers Council (ASC) has issued a strongly worded statement opposing the P3 alliance even as it lauded the call by the U.S.…