INTERNATIONAL Container Terminal Services, Inc (ICTSI) reported a 49% increase in gross revenues from port operations in the first half of the year to…
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UPS tells SMEs: Look beyond the US
SMALL- and medium-scale enterprises (SMEs) in the Philippines should look at the markets of Asia, Europe, the Middle East and Latin America as an…
Issues on PEZA and Freeport Shipments
More commonly known as ‘Free Zones’, PEZA zones and Free Ports (e.g. Clark and Subic) have been under increasing scrutiny from tax and customs…
No easing of penalties for non-compliant tankers
THE Department of Transportation and Communications (DOTC) has denied the request of local tanker operators to relax penalties for single-hull tankers in operation until…
Anti-smuggling bill on hold
THE Senate has temporarily shelved hearings on the anti-smuggling bill pending ratification of the Revised Kyoto Convention (RKC) by the Senate. The move aims…
North Luzon expressway cuts toll fees by 10%
THE Manila North Tollways Corp. (MNTC) yesterday cut its fees at the North Luzon Expressway (NLEX) by 10% to help ease the impact of…
North Harbor truckers adopt PLSA rate hike plan until end July
NORTH Harbor truckers are deferring implementation of the 8% recovery surcharge and the 10% automatic fuel rate adjustment to August 1. Instead, they are…
Jan-April cargo throughput dip 9%
THE Cagayan de Oro port has lost cargoes to nearby Mindanao Container Terminal (MCT), in the process dragging down cargo throughput in Philippine Ports…
Latest Update on Customs Automation
IN the last three years, the Bureau of Customs (BOC) has been implementing its latest automation program, funded mostly from its P500-million computerization project…
Customs Miscalculation of Duties and Taxes
SINCE last year, the Bureau of Customs (BOC) has been issuing new rules on the computation of duties and taxes. Rather than clarifying the…
IRA implements rate restoration program
THE Informal Rate Agreement (IRA) member lines covering trades from the Far East to destinations in the Middle East are implementing a rate restoration…
Customs orders scanning of all boxes passing through Subic
THE Bureau of Customs (BOC) is subjecting all Subic-bound cargoes to 100% scanning to reduce smuggling at the same time increase revenue collection. In…
Truckers in on fuel discount program, expect reduced expenses
TRUCKING operators see reduced fuel bills with the sector’s recent inclusion in the fuel discount program. The discounts, which apply only to franchise holders…
Third runway for DMIA eyed
THE government is planning to build a third runway at the Diosdado Macapagal International Airport (DMIA) in Clarkfield, Pampanga to boost the facility’s chances…
Maersk Line upbeat over 2008 outlook
MAERSK Line Philippines is looking at modest growth for global exports this year amid the spiraling fuel cost and the global economic slowdown. “The…
P10B road, bridge projects expedited
THE Department of Public Works and Highways is fast tracking the completion of roads and bridges under a P9.7-billion grant from the Japan Bank…
Draft Customs rules on AEO
THE Bureau of Customs (BOC) and the private sector, led by the Aircargo Forwarders of the Philippines, Inc (AFPI), last week held a conference-workshop…
Synchronized truck ban likely in place this month
CAGAYAN DE ORO CITY.—Truckers will finally get their wish of a nationwide synchronized truck ban as early as this month. “The government will strictly…
ICTSI not keen on NCT-2
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) is definitely not interested in bidding for the New Container Terminal (NCT)-2 when Subic Bay Metropolitan Authority (SBMA)…
TNT: New security measures won’t cost customers
TNT Express Philippines’ compliance with new US and European Union supply chain security requirements will not translate to additional cost for its clients. The…
