The Bureau of Customs (BOC) has destroyed about 500,000 pieces of fake goods estimated to be worth P50 million and seized at the Port…
BOC destroys seized fake merchandise worth P50M
The Latest
Lalu to lead group of container yard operators for next two years
The Container Depot Alliance of the Philippines, Inc. (CDAP), a group of container yard operators, has elected its new set of officers and directors…
2GO income soars 68% in first half from solid non-shipping performance
2GO Group, Inc. posted a net income of P201.126 million in the first half of 2018, a 68% improvement from the P120.075 million it…
BOC to intensify drive vs rice and sugar smuggling, expedite auction amid undersupply
Finance Secretary Carlos Dominguez III has ordered the Bureau of Customs (BOC) to keep a closer watch on the entry of “hot” rice and…
Cebu Pac registers 23.6% income dip
Cebu Pacific and its sister companies posted a 23.6% decline in net income for the first six months of 2018 as operating expenses grew…
Dy officially appointed BOC MISTG chief
President Rodrigo Duterte has appointed Jeffrey Ian Dy as the new deputy commissioner for the Management Information System and Technology Group (MISTG) of the…
BOC chief continues to enjoy President’s confidence amid shabu shipment issue
Customs commissioner Isidro Lapeña still has President Rodrigo Duterte’s trust even after a shipment of illegal drugs potentially worth P6.8 billion worth may have…
HKIA, Changi air cargo traffic goes flat
Air cargo traffic growth at Hong International Airport (HKIA) was at a standstill in July, even as passenger movements continued to strengthen. HKIA’s cargo…
PH Customs’ GPS system for containers in-transit now on its dry run
The Philippine Bureau of Customs (BOC) is pilot-testing a GPS-based container tracking system to make sure containers in transit are transferred only to the…
Marina to inspect PH-registered ships to avoid detention overseas
The Maritime Industry Authority (Marina) will impose strict regulations for Philippine-registered ships operating overseas to avoid detentions abroad. Starting October 20, 2018, Marina, exercising…
PH books 6% GDP growth in Q2, slowest rate in 3 years
The Philippine economy grew more slowly at 6% in the second quarter of 2018 compared to the 6.7% growth recorded in the same period…
JICA offers to help Marina develop PH shipbuilding sector
The Japan International Cooperation Agency (JICA) is offering its technical know-how to the Maritime Industry Authority (Marina) to help boost the Philippines’ shipbuilding and…
PH exports dip 0.1% as imports balloon 24% in June
Philippine merchandise trade grew 13.5% in June 2018, reaching US$14.8 billion from $12.99 billion in the same month last year, backed by a double-digit…
PH manufacturing index up 18% in June
The country’s manufacturing sector grew double digit in June 2018, its sixth consecutive month of growth, according to the Philippine Statistics Authority (PSA). PSA’s…
The Trade Compliance Profession
Except for a brief stint in government, I have been in the trade compliance profession for more than 15 years. In all those years,…
SCMAP to form Mindanao chapter in October
The Supply Chain Management Association of the Philippines (SCMAP) looks set to finally establish a chapter in Mindanao by October this year in…
Maersk-IBM blockchain platform attracts over 90 participant organizations
A.P. Moller-Maersk and IBM have announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply…
BOC orders opening of abandoned containers following shabu shipment slip
Customs commissioner Isidro Lapeña has ordered the opening of all abandoned containers at Manila ports after P6.8 billion worth of methamphetamine hydrochloride (shabu) shipments apparently slipped…
Hapag-Lloyd widens loss in first half amid a ‘challenging market’
Global shipping line Hapag-Lloyd announced a deeper net loss of EUR100.9 million (US$115.2 million) in the first half of this year, which is EUR58.2…
Growth slowdown continues for air cargo markets
Global air freight markets, including those in Asia-Pacific, continued their growth slowdown in June and the first half of 2018, owing to three factors,…
