Philippine banana growers and exporters are not upbeat over their business prospects even with the marketing inroads made on the US market. The Philippines…
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MNX picks Singapore as regional logistics hub
MNX has chosen Singapore as its regional hub and headquarters in Asia-Pacific as part of the global logistics firm’s drive to expand business in the…
WTO lowers world trade outlook for 2012-2013
The World Trade Organization (WTO) downgraded its forecast for world trade expansion to 2.5 percent from 3.7 percent, and scaled back its 2013 estimate…
Vietnam’s new Cai Lan terminal welcomes first ship
The newly opened Cai Lan International Container Terminal (CICT) processed its first call in end-August with the berthing at this north Vietnam harbor of a…
Enough of Manila port development, say supply chain managers
Philippine-based supply chain managers support proposals to stop further development of Manila ports but are against putting a cap on cargo throughput passing through…
Cebu Pacific handles bulk of domestic air cargo shipments in 1H
Low-cost Philippine carrier Cebu Pacific accounted for most domestic air cargo shipments in the first semester. Latest data from the Civil Aeronautics Board (CAB)…
More trucking players to boost Batangas traffic
Cargo traffic in Batangas port, about 110 kilometers south of the Philippine capital Manila, will improve if the trucking business is opened up to…
DHL employees deliver aid
Norberto Dela Cruz, Jr, senior business HR manager of DHL Express Philippines, recently presented a P60,000 check to an official of the Philippine National…
IMF: Korea confronts global headwinds with strong fiscal position
Korea must guard against risks to its economic growth, particularly those posed by a possible escalation of the European debt crisis. But its strong…
HK airport aims high with 3-runway project
The Hong Kong International Airport (HKIA) wants to exceed expectations in the conduct of carbon studies and adoption of a method for evaluating the environmental impact of…
FedEx reports smaller Q1 earnings, cuts full-year forecast
American parcel giant FedEx Corp. reported a consolidated net income of US$459 million, or $1.45 per diluted share, for the first quarter ended August…
Another slow month at Singapore Changi Airport
Air freight movements at Singapore Changi Airport declined in August this year, the second consecutive month that traffic slowed. Freight volume dipped by 4.4…
Survey: shipping confidence falls over capacity, economy woes
Overall confidence levels in the shipping industry fell in the three months ended August 2012 to their lowest level for a year, according to…
OOCL boosts intra-Asia suite
Orient Overseas Container Line (OOCL) has added a new sling to its existing KTX suite in a drive to offer a more expansive intra-Asia…
PH airports get almost P5B in fresh funds; South Korea to partly fund Puerto Princesa airport development
A total of P4.6 billion was released to the Philippine Department of Transportation and Communications (DoTC) to implement four airport projects under the public-private…
Batangas Port fees now 50% less
President Benigno Aquino III recently approved a 50% cut in port dues and dockage fees for one year in favor of vessels calling at…
Manual processing or smuggling?
The electronic processing of import papers was adopted by the Bureau of Customs long before its present chief, Commissioner Rufino Biazon, was appointed by…
IDC: Philippine PC Market Stagnant in Q2
In today’s column we feature the latest report of IDC on the Philippine PC market. According to International Data Corp Asia/Pacific PC Tracker,…
Singapore port tallies higher box volume for August
The Port of Singapore processed more containers this August compared to a year ago, according to the latest figures from the Maritime and Port…
Hong Kong, Singapore airports book cargo growth
Hong Kong International Airport (HKIA) reported that cargo volume grew in August from the same period last year, and said it expects the upward…