Home » Archive for November, 2003
Archive for November, 2003
PISA: Lifting of cabotage does not assure lower shipping costs
Nov. 26 | THE Philippine Interisland Shipping Association (PISA) said relaxing the cabotage rule does not guarantee lower shipping costs in the country. The statement was made after the Northern Mindanao Shippers Association and the Davao City Chamber of Commerce...
Subic port project faces opposition
Nov. 26 | OLONGAPO CITY – Officials and residents of this city have reacted strongly to a statement by Japanese Ambassador to the Philippines Kojiro Tanako that the Subic Port Development Project is already a “done deal”. Olongapo City Mayor Kate...
Shipping operators train for E-port
Nov. 26 | SHIPPING operators recently sent their representatives to join E-port training sessions in preparation for the full operationalization of the E-port module nationwide. Among the lines who participated were Sulpicio Lines, Negros Navigation Company, Inc....
Lorenzo Shipping income sinks 17.1% in first nine months
Nov. 26 | PURE freight operator Lorenzo Shipping Corp. recently reported a net profit of P4.54 million for the first nine months of the year, down 17% to P22 million from P26.54 million in the same period last year. For the third quarter alone, the company’s...
New US cargo security rules to take effect in two weeks
Nov. 26 | ADVANCE shipment details must be sent electronically to authorities before the goods arrive in or leave the US, according to new cargo security rules announced by the US government. The regulations, intended to better identify high-risk land, sea and...
Rules of origin and marking of imported goods
Nov. 24 | Scenario. XYZ, a Philippine trading company, is planning to introduce in the domestic market generic notebook computers by next year. The notebook computers are to be assembled in Singapore using electronic parts mostly coming from China, Singapore and...
PPA: No new ports in Manila for now
Nov. 24 | NEW ports in Manila will not be allowed in a bid to decongest the country’s capital, according to Philippine Ports Authority (PPA) general manager Alfonso Cusi. The statement is in response to President Gloria Macapagal-Arroyo’s directive...
Customs amends rules on Super Green Lane use
Nov. 24 | THE Bureau of Customs (BOC) recently amended rules governing use of the Super Green Lane (SGL) import processing facility. Under Customs Administrative Order 6-2003, the importer may apply for SGL accreditation provided it has been transacting with the...
Sept imports down 4.5 %
Nov. 24 | TOTAL merchandise trade for September 2003 declined 1.1% to $6.309 billion from $6.381 billion during the same period a year ago. Dollar-inflow generated by exports amounted to $3.264 billion, or 2.3% higher than last year’s $3.191 billion. On...
