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Archive for May, 2017

Draft BOC rules give directions for marking imported goods

Draft BOC rules give directions for marking imported goods

May. 28 | The Philippine Department of Finance (DOF) and the Bureau of Customs (BOC) have issued a draft order outlining guidelines for marking imported goods of foreign origin or their containers. The draft customs administrative order (CAO) implements Section...

ODA, state budget to fund upgrade of 5 PH airports

ODA, state budget to fund upgrade of 5 PH airports

May. 28 | The proposed modernization of five regional airports in the Philippines will be pursued either through official development assistance (ODA) or government funding, according to the Department of Transportation (DOTr). DOTr said the projects—originally...

10 deals, including on transport, inked during Duterte visit to Russia

10 deals, including on transport, inked during Duterte visit to Russia

May. 28 | The Philippines and Russia signed 10 cooperation agreements including those on cooperating in the areas of transportation and trade during Philippine President Rodrigo Duterte’s state visit to Russia. The deals were signed in Moscow on May 24 during...

Moro Gulf, Basilan Strait transit corridor created to combat piracy

Moro Gulf, Basilan Strait transit corridor created to combat piracy

May. 28 | The Philippine Department of Transportation (DOTr) has issued a memorandum circular on the establishment of a transit corridor in Moro Gulf and Basilan Strait as a means to protect vessels crossing the area from pirates. “This circular aims to address...

BOC collection in April down 5%

BOC collection in April down 5%

May. 27 | The Philippine Bureau of Customs (BOC) collected P31.1 billion in April 2017, a 5% decline from the P32.7 billion earnings it achieved in the same period last year, according to the Bureau of Treasury. The actual revenue was also 14% lower than the P36.36...

PH ports, airports under heightened alert amid Marawi clashes

PH ports, airports under heightened alert amid Marawi clashes

May. 27 | Security measures have been stepped up at Philippine ports and airports following clashes between Islamist militants and government troops in Marawi City, Lanao del Sur. While observing normal business operations, ports in the Mindanao region are under...

ICTSI withdraws from Nigerian port project

ICTSI withdraws from Nigerian port project

May. 27 | Lekki International Container Terminal Services LFTZ Enterprise (LICTSE), the subsidiary in Nigeria of port operator International Container Terminal Services, Inc. (ICTSI), has terminated its sub-concession agreement with the concessionaire of Lekki...

Cebu Pacific discontinues flights to 3 Mideast destinations

Cebu Pacific discontinues flights to 3 Mideast destinations

May. 27 | Philippine-based low-cost carrier Cebu Pacific Air will be suspending its services to and from three Middle East countries by June and July, saying the routes have become “unsustainable.” The airline said it will fly the last of its four-times-a-week...

BOC uncovers shabu lab concealed in a Cagayan warehouse

BOC uncovers shabu lab concealed in a Cagayan warehouse

May. 27 | Agents of the Philippine Bureau of Customs (BOC) serving a warrant of seizure and detention (WSD) for three vessels in a compound in Cagayan province stumbled upon a laboratory used in the manufacture of methamphetamine hydrochloride, locally known as...

Asian air cargo carriers lift 9% higher volume in April

Asian air cargo carriers lift 9% higher volume in April

May. 27 | International air cargo and passenger demand showed encouraging expansion in April on the back of sustained growth in the global economy, traffic figures from the Association of Asia Pacific Airlines (AAPA) showed. Backed by strong international demand,...
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