FOR the first 11 months of 2005, the Philippine Ports Authority (PPA) reported a 14.29% decrease in net income to P2.006 billion from P2.34…
The Latest
Strategic Issues in International Logistics
IN the last two years, we have seen increasing consolidation, through mergers or acquisitions, in the global logistics and forwarding industry. For many in…
Tariff Reduction for ASEAN-China Free Trade Area
LAST January 12, 2006, the Philippine government issued EO No. 487, which effectively reduced the tariff rates of certain imported articles from China and…
Import shipment charges must be regulated, according to forwarders’ group
THE Alliance of Concerned Freight Forwarders, Inc. (ACFFO) is asking the national government to regulate charges levied on shippers, particularly charges for import shipments.…
SBMA opens cruise passenger terminal
THE Subic Bay Metropolitan Authority (SBMA) recently opened the Global Passenger Terminal, the first passenger ship terminal in the country, to accommodate international cruise…
Regional ports surpass customs collection targets
FOUR of the country’s regional ports topped the list of commercial gateways that posted the highest customs collection for the past year while Manila’s…
New Rules for Imported Alcohol and Tobacco Products
A year ago, a new law governing alcohol and tobacco products was passed by the Philippine Congress. Republic Act No. 9334, en-titled “An Act…
Voluntary Disclosure/Payment of Additional Customs Duties
AS previously written, more than 100 companies to date have been issued audit notices under the customs post entry audit (PEA) system. Some of…
IATA: 11-month freight traffic up 2.8%
IATA:11-month freight traffic up 2.8% THE International Air Transport Association (IATA) recently reported that freight traffic for the first 11 months of 2005 remained…
Government to scrap import duty on vehicles run by alternative fuel
THE Department of Energy (DOE) revealed that the National Economic and Development Authority Board has endorsed for approval to President Gloria Macapagal-Arroyo an executive…
New Customs chief’s vow
NAPOLEON MORALES has promised to strictly implement regulations and procedures and work hard to meet the 2006 collection target of the Bureau of Customs…
PPA to DMAP: 15% cargo handling hike above board
THE Philippine Ports Authority (PPA) finally broke its silence on allegations of the Distribution Management Association of the Philippines (DMAP) that it earlier approved…
$100M dedicated air cargo terminal eyed in 2007
THE Manila International Airport Authority (MIAA) is planning to construct an air terminal dedicated for local and international cargo as part of the Ninoy…
ICTSI guards against bird flu
INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. (ICTSI) has beefed up safety measures to protect the Manila International Container Terminal (MICT) from the global outbreak of…
DOTC orders finalization of NH terms of reference
THE Department of Transportation and Communications (DOTC) has ordered the Philippine Ports Authority (PPA) to finalize the terms of reference (TOR) for the North…
PSB eyes dialogue with carriers on
THC THE Philippine Shippers’ Bureau (PSB) is seeking a dialogue with international shipping lines to discuss a cut in the terminal handling charge (THC).…
Hanjin to build 8,000-TEU ships in Subic
SOUTH KOREAN shipbuilder Hanjin Heavy Industries will inject some $8 billion over the next 10 years to set up a shipyard at the Subic…
Ro-ro cargoes in SRNH exempt from 15% rate hike
THE Philippine Ports Authority (PPA) has exempted all cargoes passing through the nautical highways from the 15% across-the-board interim increase in arrastre and stevedoring…
LSC inks ship management deal with Magsaysay
LOCAL cargo carrier Lorenzo Shipping Corp. (LSC) has entered into a ship management agreement with local operator Magsaysay Lines, Inc. (MLI) for their seven…
Marina pushes for hub-and-spoke system
Marina pushes for hub-and-spoke system THE Maritime Industry Authority (Marina) is pushing for the development of the port hub-and-spoke system to lower logistics cost…
