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Press Releases

Ocean Network Express adds Subic port to CTP service

Ocean Network Express is adding Subic port to its China Thailand Philippines service with the maiden call expected on March 26 With this...

PEZA, FDA finalizing blueprint for pharma eco-zones

· The Philippine Economic Zone Authority and Food and Drug Administration recently met with the Office of the Special Assistant to the President for...

Royal Cargo receives award as top Bulacan taxpayer

· Royal Cargo recently received the 2024 Gawad Dangal ng Plaridel award for being one of Bulacan’s top taxpayers · The award is in recognition of...

Higher toll rates at MCX take effect

• Higher toll rates at the Muntinlupa-Cavite Expressway take effect today (March 18) • The Toll Regulatory Board has authorized MCX Project Co. Inc. to...

Container rates sink to unsustainable levels — Maersk CEO

Container rates have sunk to unsustainable levels due to overcapacity, according to Maersk CEO Vincent Clerc New container ships added 9% to global...

Marcos seeks Czech Republic’s support for resumption of PH-EU Free Trade Agreement talks

President Ferdinand Marcos, Jr. sought the support of the Czech Republic for the resumption of the Philippine-EU Free Trade Agreement talks He made the...

Lufthansa Technik eyes $150M second hangar in Clark

Lufthansa Technik Philippines is planning to build a second hangar in Clark valued at around $150 million (P8 billion) Construction timeline is two...

Cebu ports handle 1.84% more cargo in 2023

Cebu ports handled 1.84% more cargoes in 2023 compared to 2022, according to updated data from the Cebu Port Authority Domestic cargoes grew...

WCO, BOC collaborate to implement Trade Facilitation Agreement

The World Customs Organization conducted a risk management mission together with the Bureau of Customs as part of the Accelerate Trade Facilitation Program ...

MICT welcomes 50-millionth TEU

Manila International Container Terminal (MICT), International Container Terminal Service, Inc.’s (ICTSI) flagship terminal, celebrates another milestone with the handling of its 50 millionth twenty-foot equivalent...

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