The recently signed agreements on Japanese investments in the Philippines will fuel the country’s manufacturing resurgence, according to Trade and Industry Secretary Ramon Lopez.…
The Latest
DOTr pre-bid conference for Bulacan airport challengers moved to June 20
The Department of Transportation (DOTr) has moved again the pre-bid conference on the Swiss bidding challenge to San Miguel Holdings Corp’s (SMHC) unsolicited proposal…
Chelsea subsidiary partners with Japanese firm for fleet upgrade
Kumiai Senpaku Co. Ltd., one of the largest independent shipping companies in Japan, has agreed to finance the construction and acquisition of a passenger…
BOC insists it auctioned off only tapioca starch, not shabu
The Bureau of Customs (BOC) said that what it auctioned off last month was a shipment of tapioca starch and not methamphetamine hydrochloride (locally…
Manila ships 69 containers of garbage back to Canada
The vessel carrying all 69 containers of Canadian waste finally left the Philippines for Canada on the morning of May 31, according to the…
Truckers’ registration at BOC on hold; goods lodgement declaration order moved to June 15
The Bureau of Customs (BOC) has placed on hold its order requiring the registration of all truckers carrying import and export goods. At the…
Digital forwarders carve gains in global forwarding market: report
Tech-enabled forwarders are rapidly gaining traction in a global forwarding market characterized by uneven change, with nearly half of shippers saying they have used…
Air cargo demand continues negative trend; passenger traffic posts solid growth
Global air freight markets in April continued the negative trend in year-on-year demand that began in January, while the global passenger sector saw solid…
BOC policy on trucker registration, shorter goods lodgement declaration period in force by June 1
Starting June 1, the Bureau of Customs (BOC) will implement the reduced period for lodging goods declaration and new guidelines on registration of truckers,…
ICTSI investment stake in Iloilo port projects raised to P8.7B
International Container Terminal Services, Inc. (ICTSI) has increased to P8.7 billion its estimated investment cost for its unsolicited proposal to modernize and develop the…
BOC tests new system ensuring transparency of alert orders
The Bureau of Customs (BOC) eyes pilot testing by June 15 of an electronic system that promotes transparency and accountability among customs personnel involved…
CMA CGM and MSC join Maersk’s blockchain-enabled shipping platform
Global container shipping lines CMA CGM and Mediterranean Shipping Company (MSC) have announced they are joining TradeLens, a blockchain-enabled digital shipping platform jointly developed…
Asia air freight feels US-China trade war pressure
The intensifying U.S.-China trade war has been putting pressure on the air freight industry, particularly in the Asia-Pacific region, as global volumes continued to…
3 BOC deputy commissioners appointed
President Rodrigo Duterte has appointed three Bureau of Customs deputy commissioners, including former Manila International Container Port (MICP) district collector Atty Vener Baquiran. The…
Romance and Reality
There’s a degree of romance whenever one talks about Negros. You think of how the island became the nerve center of the Philippine sugar…
Simplify Operations and Grow Profitably
The need for speed and accuracy has been driving enormous change in the logistics sector. To meet high customer expectations, logistics companies are looking…
PH domestic freight forwarders airlifted 10% more cargo last year
Cargo volume handled by Philippine domestic air freight forwarders grew 10% in 2018 to 88.802 million kilograms (kg) from the 80.73 million kg recorded…
UnionBank makes inroads in logistics with 30% stake in Shiptek
UnionBank of the Philippines, via its subsidiary UBX, has made a foray into the logistics scene acquiring 30% stake in Shiptek Solutions Corp., developer…
BOC to beef up security in premises from next week
The Bureau of Customs (BOC) is enhancing its security measures inside its premises starting May 27 and enjoins the public’s cooperation by presenting their…
DPWH begins 3 key road projects to improve Mindanao growth corridors
The Department of Public Works and Highways (DPWH) has started three road projects worth a total of P3 billion aimed at enhancing economic development…