The Philippine Exporters Confederation (Philexport) said most exporters are “nervous” about the volatile peso-dollar rate. “The concern of exporters is not the United States…
Volatile exchange rate worries Philippine exporters
The Latest
PAL union files case questioning Palace decision on outsourcing
The Philippine Airlines Employees Association (PALEA) last week filed a petition before the Court of Appeals questioning the legality of the Office of the…
Panalpina kicks off intra-Asia trucking service
Freight-forwarding company Panalpina has introduced an intra-Asia road transport service that it said is five to six days shorter than ocean freight and costs…
CMA CGM racks up $237-M profit in first-half 2011
CMA CGM said it is optimistic about 2011, even as high fuel costs reduced its net profit 72 percent to US$237 million in the…
Vietnam’s Cai Mep port faces overcapacity
Global port operators are bracing against rising losses at Vietnam’s Cai Mep container port, as terminals are operating below half of their capacity, reports…
Carriers against Philippine terminal rate hike
International carriers operating in the Philippines are against the vessel-related cargo-handling rate increase sought by port operators International Container Terminal Services, Inc (ICTSI) and…
Palace asked to rule on Subic Naval Supply Depot award
The Subic Bay Metropolitan Authority (SBMA) has asked the Philippine Office of the President (OP) to rule on whether the Naval Supply Depot (NSD)…
PAL to go ahead with refleeting
Philippine Airlines (PAL) is pushing through with its refleeting plan amid a looming strike of employees due to a massive retrenchment program. “To stay…
BOI auto import certificate in use despite BOC opposition
The Philippine Board of Investments (BOI) continues to implement its electronic Certificate of Authority to Import (eCAI) for vehicles accredited under the Motor Vehicle…
Conference 2011 Hilites
Schedule and Fees This year’s annual conference is just over three weeks away. Below are the key info. • Date Sept. 22-23, 2011…
Manufacturers urged to identify supply chain risks
A new report released August 23, 2011 by a global business consulting service advises manufacturers to identify the risk areas they need to monitor…
Economic upheavals should spur ASEAN unity
The volatile global economic situation only underscores the need to complete the integration of the Association of Southeast Asian Nations (ASEAN) to ensure the…
Global air freight demand declines in July
International air freight demand dipped slightly in July this year from the same month last year in the wake of an Asian export slowdown,…
FedEx offers XL packaging to Asia-Pacific markets
FedEx Express has launched an extra large pack (XL) to 15 Asia-Pacific markets for both document and non-document shipments such as garment samples and…
OOCL appoints Devine corporate logistics head
Orient Overseas Container Line (OOCL) has appointed a U.S.company executive as general manager of corporate logistics at its Hong Kong headquarters effective November 1,…
“K” Line announces direct Thailand-East India express
Japan-based ocean carrier Kawasaki Kisen Kaisha (“K” Line) will launch as a slot operator the Thailand-East India Express (TCX) on September 7, 2011 to enhance its…
Keppel profit soars 224% in Q2
SHIPYARD operator Keppel Philippine Marine, Inc (KPMI) posted a 224% rise in consolidated net profit to P545.42 million in the second quarter from P168.24…
Subic to host floating transshipment center
VALE Rio Doce, the world’s biggest iron ore miner, will start transshipment operations in the Philippines’ Subic Freeport in October. Under an agreement with…
PAL union intent on holding strike
THE Philippine Airlines Employees Association (PALEA) turned down the Office of the President’s (OP) request to hold off a work stoppage to protest PAL’s…
Ship repair sector faces rough sailing over next few years—report
The ship repair market may be in for a tough period ahead as immediate portents point to a slowdown in the next two to…
