Asia has become increasingly integrated over the past decade as the region faced down the global financial crisis and subsequent euro zone crisis. But…
Study: Asia needs to band closer together even post-crisis
The Latest
Watchdog to track Indonesia’s Kalibaru Port development
Indonesia’s state-owned port operator PT Pelabuhan Indonesia (Pelindo) II has established an independent supervisory committee to ensure transparency in the construction and operation of…
New PH law scraps foreign carriers’ taxes
Philippine President Benigno Aquino III on March 7 signed into law a measure that exempts international carriers from payment of the common carriers tax…
Deutsche Post DHL makes strong 4Q splash
Bonn-based Deutsche Post DHL reported operating earnings of EUR827 million (US$1.07 billion) in the fourth quarter of 2012, a 38.1 percent increase from EUR599…
PH Customs Feb revenue up 3%
The Philippine Bureau of Customs (BOC) reported preliminary cash collections of P22.8 billion in February, up 2.8% year-on-year but P1.24 billion short of the…
Gothong Southern transports heavy machinery
Philippine carrier Gothong Southern Shipping Lines (GS) was recently commissioned to ship heavy equipment from Cebu, 365 miles south of Manila, to Tabaco, Albay,…
Mitsui to build, run Indonesia’s Kalibaru container terminal
Indonesia Port Corporation (IPC) has picked Mitsui & Co. Ltd. of Japan to operate the first container terminal in Kalibaru, north Jakarta, Indonesia. Mitsui…
DHL veteran to lead Asia-Pacific air network
A 25-year veteran in the logistics industry has been named the new senior vice president of DHL Express’ network operations and aviation for Asia-Pacific.…
Air cargo grows as global markets stabilize
Global air freight markets are settling down on the back of encouraging growth towards the end of 2012, according to January 2013 statistics from…
ICAO lifts safety concerns on PH aviation
The International Civil Aviation Organization (ICAO) recently lifted its significant safety concerns (SSC) rating on the Philippine aviation industry, opening the door for local…
Thomas Miller strengthens Asia Pacific regional office
Andrew Jones has been appointed Chief Executive Officer of Thomas Miller (Asia Pacific) Ltd with effect from April 2013. He will be responsible for…
Myanmar on right track with its economic reforms—report
Myanmar is right to take steps to reduce its reliance on informal and segmented markets, and build the formal sector of its economy to…
DHL announces $52-M investments in Indonesia
Contract logistics company DHL Supply Chain opened a new 17,000-square-meter-warehouse in Cimanggis, Indonesia, which it said is part of its EUR40 million (US$52 million)…
Clark-Subic as a single region pushed
The Joint Foreign Chambers of Commerce (JFC) of the Philippines is making a new push to develop Subic and Clark, freeport zones north of…
Of profit sharing and legislated wage increases
Former Philippine Internal Revenue Commissioner Emil Ong and his deputy, Ronald Cosalan, must be a couple of very brave congressmen. In one sitting…
Private sector wish: Fast track Clark airport development
Clark Freeport Zone, Pampanga, Philippines – The private sector is seeking faster development of Clark airport, two hours north of the Philippine capital Manila,…
OOCL sets rate hikes for Asia network
Hong Kong-based liner operator Orient Overseas Container Line (OOCL) is increasing freight rates on a number of Asia services effective April 2013. On its…
K+N overhauls regional operations
Switzerland-based Kuehne + Nagel (K+N) will revamp its global regional structure from July 1, 2013 as “a first measure of a comprehensive program” to…
Hactl handles largest-ever horse charter
Hong Kong Air Cargo Terminals Limited (Hactl) has handled the largest horse shipment on a single flight in its 37-year history. The shipment of…
Malaysian economy stays strong, set to grow 5% in 2013
After a robust, domestic-led growth in 2012, Malaysia’s economy is expected to expand by about 5 percent this year, accompanied by low unemployment and…
