FPI proposes several measures to combat smuggling THE Federation of Philippine Industries (FPI) has recommended the creation of an oversight committee on smuggling under…
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ATI gets PPA nod for revised SH master plan
ATI gets PPA nod for revised SH master plan THE Philippine Ports Authority (PPA) recently approved Asian Terminals, Inc.’s (ATI) request to revise its…
ATSC posts P92.7M loss in third quarter
ATSC posts P92.7M loss in third quarter ABOITIZ TRANSPORT SYSTEM CORP. (ATSC) reported a slight improvement in its financial performance for the first nine…
2006-07 critical for business
2006-07 critical for business: PISFA chief THE next two years are the most critical for businesses in the country, according to the Philippine International…
Scaling down resources, downsizing not the best options for logistics firms
Scaling down resources, downsizing not the best options for logistics firms IMPROVE services and relationships rather than scale down resources, hire the best instead…
e-VAT not all that bad: AFPI
THE Aircargo Forwarders of the Philippines, Inc. (AFPI) sees a positive side to the implementation of the expanded value-added tax (e-VAT) in that it…
APTSC caters to heavylift, out-of-gauge cargoes
ABOITIZ PROJECT TRANSPORT SYSTEM CORP (APTSC) is strengthening its grip in the logistics business by targe-ting heavy cargoes. Jaypee Lim, APTSC sales and marketing…
Box line NMC eyes 51% of Lorenzo
CARGO carrier National Marine Corp.(NMC) has bid for a controlling interest in another cargo carrier, Lorenzo Shipping Corp (LSC). In a statement to the…
DBP to launch company offering loans within the quarter
THE Development Bank of the Philippines (DBP) will launch the National Maritime Equity Corp. (NMEC) this quarter to provide local operators enough access to…
Foreign-flagged lines carry most gov’t foreign trade
FOREIGN-FLAGGED lines continue to carry the bulk of the government’s international trade with local vessel operators unable to offer competitive rates, according to a…
ASIAN TERMINALS INC
ASIAN TERMINALS INC. (ATI) recently acquired two brand-new container handling equipment: a 40-ton Hyster toploader (photo below, left) and a 32-ton Hyster forklift (right).…
NEDA Board approves P25.6B projects
THE National Economic and Development Authority (NEDA) Board recently approved P25.6 billion worth of projects on social and support services, transportation, energy, water resources…
RP-Taiwan economic corridor pushed
THE Manila Economic and Cultural Office (MECO) is pushing for the establishment of an RP-Taiwan economic corridor so that the Philippines can take a…
DOTC to repair 21 airports
THE Philippine government will repair all 21 airports that flag carrier Philippine Airlines (PAL) said would have to be rehabilitated if it were to…
Keppel sees strong international sales
SHIPYARD operator Keppel Philippines Marine, Inc. (KPMI) expects to have strong sales from the international market for the rest of the year. The international…
ATI puts in motion new vessel performance scheme
ASIAN TERMINALS, INC. (ATI) at the start of the month implemented a new scheme designed to more effectively monitor vessel performance and productivity. The…
ATS to keep rates despite upswing in fuel prices
ABOITIZ TRANSPORT SYSTEM (ATS) will maintain its rates and try to hold off increases despite the upswing in fuel prices on the world market,…
PAL seeks surcharge, higher cargo rates
THE cost of fuel in the world market has prompted flag carrier Philippine Airlines (PAL) to seek its third fuel surcharge in three months,…
Marina to assess domestic security
Major domestic lines in the Philippines will soon be required to have their security and sea marshal onboard assessed by the Maritime Industry Authority.The…
Businessmen, truckers, police renew drive against hijacking
The Chinese Chamber of Commerce and Industry (CCCI) and the Confederation of Truckers Association of the Philippines (CTAP) want to reimpose its earlier agreement…
