For the first time since its founding in June 1974, the Maritime Industry Authority (Marina) now has a central office building to call its…
After 44 years, Marina gets own central office building
The Latest
PCC probes deeper into ICTSI purchase of North Harbor shares
The Philippine Competition Commission (PCC) entered the second phase of its review of the proposed acquisition by International Container Terminal Services, Inc. (ICTSI) of…
BOC’s 2018 collection target cut by P10B
The revenue collection target for 2018 of the Bureau of Customs (BOC) has been reduced by P10 billion to P584.9 billion with the fuel…
Consultants wanted for new Cebu container port
The Department of Transportation (DOTr), through the Department of Budget and Management-Procurement Service (DBM-PS), has started inviting interested firms to provide consultancy services for…
Lazada’s last-mile delivery fleet ships 1M parcels during shopping festivals
Southeast Asian e-commerce firm Lazada said it drew a record-breaking 1.3 billion visits to its platforms during its 11.11 (November 11) and 12.12 (December…
SEC clears way for 2GO, NENACO merger
The merger between 2GO Group, Inc. and its parent company, Negros Navigation Corp., Inc. (NENACO), set to take effect on January 1, 2019, has…
Tacloban port tops P1B in revenue collection, 213% over 2018 target
As of end-November the Bureau of Customs (BOC) district port of Tacloban has collected more than P1 billion this year, for the first time…
Airline industry profit to reach $35.5B next year—IATA
The global airline industry is expected to post a net profit of US$35.5 billion in 2019, its tenth year of profitability, predicts the International…
Ship operating costs to rise in the next few years, says report
Global shipping consultancy Drewry forecasts that average vessel operating costs are set to accelerate over the short term after rising modestly for the second…
BOC principal appraisers placed under Import Assessment Service control
Customs Commissioner Rey Leonardo Guerrero has transferred the operational control of all Bureau of Customs (BOC) principal appraisers to the Imports Assessment Service (IAS).…
House committee favors suspension of 15-year age cap on trucks for hire
The Lower House Committee on Metro Manila Development will ask the Department of Transportation (DOTr) to suspend its department order (DO) imposing a 15-year-old…
CCBI seeks exemption from burdensome POM access pass policy
The Chamber of Customs Brokers, Inc. (CCBI) is requesting the Bureau of Customs (BOC) to exempt customs brokers, their representatives, and regular employees of…
SBITC equipped to handle volume jump in holiday shipments
Subic Bay International Terminal Corp. (SBITC) said it is ready to accommodate the surge in imports and exports due to the holiday season, stressing…
PH trade surges 14% in Oct on robust imports, export recovery
Philippine merchandise trade reached US$16.43 billion in October 2018, an increase of 14% from $14.41 billion in the same month last year, propelled by…
Fake tobacco suppliers shift to producing counterfeit brands in PH
Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) to work with their counterparts in…
Cebu Pacific launches Cebu-Macau direct run
Low-cost Philippine carrier Cebu Pacific has launched a new route linking Cebu and Macau, providing another access point to China’s Pearl River Delta. The…
90% of Alae Bypass Road connecting Misamis Oriental and Bukidnon complete
The Department of Public Works and Highways (DPWH) has already finished 89.8% of the bypass road project intended to benefit motorists and cargo trucks…
UNCTAD warns ports not prepared for climate change
The United Nations Conference on Trade and Development (UNCTAD) says ports are not ready to cope with the projected impacts of climate change, a…
APL, CNC to consolidate intra-Asia network
CMA CGM subsidiaries APL and Cheng Lie Navigation (CNC) will have their network operations merged under one management in a move to consolidate the…
BOC tightens controls on goods declaration lodgement, valuation
The Bureau of Customs (BOC) has issued new directives on the lodgement of goods declaration and on valuation to improve revenue collection efficiency and…
