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Archive for February, 2009

Subic-Clark Economic Corridor

Subic-Clark Economic Corridor

Feb. 23 | WE recently attended the Philippines-Taiwan Joint Economic Conference held in Taipei. Part of discussions among government and private sector representatives was the promotion and facilitation of trade among neighboring economies. In particular, agreements...

5th Philippine Ports and Shipping Conference

5th Philippine Ports and Shipping Conference

Feb. 9 | WE are participating at this week’s 5th Philippine Port and Shipping Conference (February 12-13, 2009 at The Peninsula, Makati City) as chairman of one of the sessions (A Global Perspective on Ports Strategy And Infrastructure). Hosted by the Philippine...

Transfer of Wealth

Transfer of Wealth

Feb. 2 | IN my previous column I noted that wealth is not destroyed, only transferred. Specifically, wealth lost by companies in America and Europe could be transferred to Asia, including the Philippines. For lack of scientific basis to support such assertion,...

BOC rakes in P551M from container security fees

BOC rakes in P551M from container security fees

Feb. 2 | CONTAINER security fees (CSF) under the Bureau of Customs (BOC)’s x-ray inspection project (XIP) generated P551.678 million since its inception in May 2007 up to end 2008. Of the total, P140.934 million went to the trust fund and P410.743...

NFA bids out rice transport contract

NFA bids out rice transport contract

Feb. 2 | THE National Food Authority (NFA) through the Maritime Industry Authority (Marina) is inviting Philippine-flag vessel operators to bid for the transportation of 50,000 bags of rice from Manila to General Santos and Davao for a contract price of P9 million. The...

MOL makes first call at MICT

MOL makes first call at MICT

Feb. 2 | MITSUI OSK Line’s MOL Attraction recently made its maiden call at the Manila International Container Terminal (MICT), International Container Terminal Services, Inc (ICTSI) flagship operation. MOL Attraction, which has a capacity of 1,150 TEUs,...

Eastrans staff hies off to Mindoro

Eastrans staff hies off to Mindoro

Feb. 2 | Photo shows (standing from left) Edwin Sarmiento, Luz Caliwag (VP Sales and Operation), Richard Uy (Import Supervisor), Mark Fabrero, Arlene Crisologo, Oscar Tinegra, (girls sitting in front) Nympha Zaldua, Cheryl Gimena Jonaliza Balacuit (General Manager),...

Crisis hits hard warehouse operators, SGL importers

Crisis hits hard warehouse operators, SGL importers

Feb. 2 | MEMBERS of the Customs Bonded Warehouse Operators Confederation (CBWOC) are now handling three to four containers a month from an average of 25 previously, suggesting a deepening economic crisis. CBWOC president Alfredo Yatco said some member operators...
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