Adones Carmona has been elected as the new president of the Chamber of Customs Brokers, Inc. (CCBI) for 2019-2021. He took over the reins…
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PPA income jumps 24% as 16 PMOs surpass revenue targets for 2018
The Philippine Ports Authority (PPA) recorded a net income of P5.554 billion in 2018, 24% higher than the P4.473 billion earned in 2017. Revenue…
Cebu Pacific to inaugurate direct Cebu-Shanghai flight next month
Low-cost carrier Cebu Pacific is set to start operation of its direct service between Cebu and Shanghai, China in line with plans to expand…
Local ships ordered to give way to those carrying perishables during emergencies
All domestic shipping vessels must assist and accommodate ships carrying perishable goods during national emergencies such as port congestion, weather disturbance, or other natural…
Abandonment rules no excuse for SGL firms to delay paying duties: BOC
The Bureau of Customs (BOC) reminded Super Green Lane (SGL) member companies to pay their duties and taxes immediately after receiving the final assessment…
Fewer CAB requirements for unopposed forwarder applications starting next month
From April 4, 2019, the Civil Aeronautics Board (CAB) will impose fewer requirements in the processing of unopposed applications to operate as an international/domestic…
Hold over authority extended to cargo-handling service providers with expiring contracts
The Philippine Ports Authority (PPA) is once again issuing a hold over authority (HOA) to cargo-handling operators with expiring contracts or those with already…
OOIL’s 2018 revenue, box volume grow but profit declines
Orient Overseas (International) Limited (OOIL) announced a lower profit for 2018 even as revenue and operating profit increased. In a statement on March 25,…
Vietjet proposes new $80M passenger terminal for northern Vietnam airport
Vietnamese budget air carrier Vietjet’s proposal to expand Dien Bien Airport in the northern mountainous province of Dien Bien has received support from the…
IMO kicks off project on managing ships’ biofouling
The International Maritime Organization (IMO) has kick-started a major five-year project to help protect marine biodiversity through a coordinated effort to address biofouling not…
BOC moves forward with TradeNet, releases operational rules
The Bureau of Customs (BOC) has released guidelines for the application, submission, and processing of Association of Southeast Asian Nations (ASEAN) electronic certificates of…
Hapag-Lloyd books income growth last year, looks to higher earnings in 2019
Global liner shipping company Hapag-Lloyd announced a group net income of EUR46 million (almost US$52 million) in 2018, which is EUR13 million higher than…
Competition Commission clears ICTSI North Harbour acquisition
The Philippine Competition Commission (PCC) has approved the proposed acquisition by International Container Terminal Services, Inc. (ICTSI) of additional shares in Manila North Harbour…
Customs foils shabu shipment worth P1.8B
The Bureau of Customs-Manila International Container Port (MICP) intercepted on Friday night a shipment from China containing 276 packs of methamphetamine (shabu) weighing a…
DA defers importation of onion amid probe on price manipulation
The Department of Agriculture (DA) is temporarily suspending the importation of bulb onions pending the results of an investigation by the Philippine Competition Commission…
BOC-MICP expedites inspection of overstaying containers
The Bureau of Customs (BOC) has finished inspecting 412 overstaying containers at the Manila International Container Port (MICP), part of efforts to free up…
Cavite Gateway Terminal presents logistics advantages for Southern Luzon businesses
Manufacturers, especially exporters located in economic zones in Southern Luzon, can now take advantage of reduced travel time and lower logistics costs offered by…
ATI books P2.9B income as box volumes break records
Asian Terminals Inc. (ATI) reported a net income of P2.9 billion in 2018, 15.8% higher than the P2.5 billion earned in 2017, as the…
PAL suspends Manila-New Delhi service launch
Philippine Airlines (PAL) is suspending until further notice the launch of its Manila-New Delhi-Manila service. “We are constrained to take this step as news…
UN guidelines for monitoring plastics in oceans released
A new set of publicly available guidelines for monitoring plastics and microplastics in the oceans will help harmonize how scientists and others assess the…