The Philippine economy performed below expectations in 2018. Gross domestic product grew by only 6.2% in the past year, slower than the government’s target…
Knock-on Effects
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Improve Productivity and Drive Growth with Strong Modern ERP
The future of the logistics industry is looking quite positive. Logistics companies should not miss out on the opportunities to take advantage of this…
After rice liberalization, is sugar up next?
Once the Rice Tariffication Bill is signed into law, the government is looking to open up the sugar sector next, according to the National…
Cebu Pacific expects delivery of 12 new jets in 2019
Low-cost carrier Cebu Pacific is set to receive 12 brand-new aircraft in 2019 to support expansion plans for this year. The aircraft deliveries include…
BOC, PDEA strengthen cooperation vs illegal drugs
The Bureau of Customs (BOC) and the Philippine Drug Enforcement Agency (PDEA) have renewed and intensified their collaboration to prevent the entry of illegal…
Prospects still good but clouded by uncertainties for Asia-Pacific airlines
Asia-Pacific airlines enjoyed solid growth in international air passenger demand in 2018, with continued expansion in the global economy lending support to business and…
PH agencies to regulate fees of foreign shipping lines, depots, truckers
Fees charged by international shipping lines, container depot operators, and truckers operating in the Philippines will soon be regulated by government agencies, the move…
Boeing attains record revenues for Q4 and FY 2018
The Boeing Company reported record revenue for the whole of last year as the aircraft manufacturer ended 2018 also with a record-breaking fourth quarter.…
Inter-agency order to address high shipping costs, port congestion in PH
Several Philippine government agencies are targeting to issue a joint administrative order (JAO) on February 14 that would contain measures aimed at addressing high…
Changi Airport breaks 65M passenger mark in 2018
Singapore Changi Airport handled a record 65.6 million passenger movements in 2018, up 5.5% from 2017, while airfreight throughput increased by 1.4% to reach…
BOC e2m capacity expansion set for the first quarter
The Bureau of Customs (BOC) expects to start within the first quarter its stabilization project to extend the life of the outdated electronic-to-mobile (e2m)…
PH AEO program for roll out in first half
The Bureau of Customs (BOC) will finally implement its Authorized Economic Operator (AEO) program by the first semester of this year, according to Assessment…
Decade-long domestic shipping upgrade needs P45B to execute
Modernizing and upgrading inter-island shipping in support of the Philippine Nautical Highway Development (PNHD) will require an estimated P45.155 billion to implement over a…
New Airspeed warehouse opens in Parañaque
Airspeed International recently opened its newest warehouse in Parañaque City covering a total area of 10,000 square meters. Dubbed as its Metro Manila Southwest…
BOC to harmonize all rules and regulations this year
The Bureau of Customs (BOC) is eyeing the codification and harmonization of all its memos and implementing rules to make access to such information…
Hanjin site eyed as PH eco-industrial maritime hub
The Subic facility of failed shipbuilder Hanjin Heavy Industries and Construction-Philippines, Inc. (HHIC-Phil) may be considered as a possible location for the country’s first…
New PH Rules on Customs Audit and Prior Disclosure
IT’s been more than 2 years since the passage of the Customs Modernization and Tariff Act (CMTA) and finally, the new rules on Post…
ANA Holdings purchases 9.5% stake in PAL Holdings
ANA Holdings, Inc (ANA HD), parent of All Nippon Airways (ANA), Japan’s largest and 5-star airline for six consecutive years, will invest US$95 million…
CEVA shareholders asked not to sell shares to CMA CGM
Swiss freight forwarder CEVA Logistics announced January 28 that its Board of Directors has urged company shareholders not to sell their shares following a…
32 firms undergoing BOC’s reactivated post-clearance audit
More than 30 companies comprise the first set of those going through the Bureau of Customs’ (BOC) post-clearance audit, according to assistant commissioner Atty.…
