Singapore Airlines (SIA) saw its net profit climb 73 percent to US$62 million in the three months ended June 30, up from $35.81 million…
Singapore Airlines books 73% net profit
The Latest
First phase of Indonesia’s ‘pendulum’ program to cost $159 M
The Indonesian government will allocate IDR1.5 trillion (US$159 million) for the first phase of the Pendulum Nusantara (Pendulum of the Archipelago), a seafreight transport…
Economic expert Kevin Warsh joins UPS board of directors
United Parcel Service (UPS) appointed Kevin M. Warsh, an economic and financial market expert and a former central banker and presidential advisor, to the…
PAL headed to Toronto, Paris, NY
Philippine Airlines will soon offer non-stop flights to Toronto, Paris and New York City, according to PAL president Ramon S. Ang. Ang made the…
PH customs bonded warehouse operators push for clear export rules
Customs bonded warehouse operators in the Philippines are seeking clear-cut procedures in the implementation of the Automated Export Declaration System (AEDS) imposed by the…
PH May imports advance 10%
Philippine imports rose in May despite the drop in volume of electronic products, the country’s biggest import item. Latest data from the National Statistics…
Austal commits $15M to PH operations
Austal, designer and builder of customized aluminum defense and commercial vessels, is infusing up to $3 million in its Philippine operations this year as it…
More on the 2012 Conference
As the conference days draw near, preparations for SCMAP’s Annual Conference are getting more hectic. There are seven weeks to go. The schedule is…
Indonesia’s port operators in talks to coordinate shipments
Indonesia’s state-owned port operator Indonesian Port Corporation (IPC) announced plans to establish a container terminal facility that will supervise shipping activities at all the…
CEVA’s new mobile app tracks shipments in real time
CEVA Logistics has launched its first mobile app, CEVA Mobile, to enable customers to track the exact location of every shipment using their iPhone…
UPS misses 2Q target, lowers outlook
United Parcel Service (UPS) posted second-quarter earnings of US$1.12 billion this year, up 2.2 percent from $1.09 billion for the same period in 2011…
Malaysian ports’ container traffic rises to 10.3-M units in 1H2012
Cargo traffic at Malaysian ports rose to 10.3 million 20-foot equivalent unit (TEUs) in the first half of 2012, up from 9.85 million TEUs…
PH ports agency to spend P556M to upgrade ports
The Philippine Ports Authority (PPA) allocated P556 million to rehabilitate seven ports in various parts of the country. Earlier, the Department of Transportation and…
Cargo volume at Changi Airport steady
Singapore Changi Airport reported that cargo movements were steady in June 2012, with 153,300 tonnes of airfreight shipped, an increase of 0.1 percent year-on-year.…
Subic Bay upgrading port facilities to fill looming capacity shortage in Asia
The Port of Subic Bay, with its strategic location in northern Philippines, continues to modernize its facilities and expand its infrastructure to establish itself…
Cargo volume at HK airport holds steady in first half
Hong Kong International Airport (HKIA) reported that cargo throughput in the first half of 2012 remained unchanged at 1.9 million tonnes compared to the…
Vietnam port set for launch next year
The operator of the ITC International Port in Ho Chi Minh City, Vietnam, is buying cranes valued at US$28 million as it gears for…
Frost & Sullivan identifies best investment strategies in Myanmar
Companies wanting to invest in Myanmar have more chances of success if they choose to form joint ventures or partnerships with local players or…
ICTSI names Asia Region head
International Container Terminal Services, Inc (ICTSI) announced the appointment of Christian R. Gonzalez as acting Head of Asian Region concurrent with his roles as…
Study advances construction of international port in Aurora, PH
A study is pushing for the establishment of an international seaport in Dingalan Bay, 182 kilometers from Manila, anchored on approximately $30 billion worth…
