Carriers: Additional shipping costs preventable most times

Mar. 31 | INTERNATIONAL carriers are crying foul over repeated accusations by Philippine shippers, forwarders and the government that they are the ones always at fault for shipping cost increases. The carriers complained they are seen, without fail, as the main...

Customs’ first-quarter collection up 26%

Mar. 31 | THE Bureau of Customs (BOC) exceeded its first-quarter collection by 25.7% or about P10 billion to P48.81 billion compared with the same period last year, according to preliminary BOC data which has yet to include the last few days of March. The figure...

Outsourcing preferred to privatization — MIAA

Mar. 31 | THE Manila International Airport Authority (MIAA) prefers outsourcing some airport operations to outright privatization, at least for now. “The Philippines is open to airport privatization but this needs careful study to protect” the public interest,...

Asia-Pac airlines see better numbers in Feb

Mar. 31 | MEMBER airlines of the Association of Asia-Pacific Airlines (AAPA) posted higher passenger and cargo volumes last month, a sign that the industry is slowly recovering from the global economic crisis. Air cargo volume grew 29.8% to 4.35 million tons in...

Zim: RP shipping to grow by up to 8%

Mar. 29 | ZIM Integrated Shipping Lines (ZIM Lines) expects a 5-8% growth in the Philippine shipping industry anchored on the improving global economy and increased local spending due to the upcoming elections. “The global economy, along with shipments, is projected...

Coast Guard revises sailing rules during storm signal no 1

Mar. 29 | THE Philippine Coast Guard (PCG) is again revising guidelines on the movement of vessels during inclement weather. PCG commandant Admiral Wilfredo Tamayo said the revision will now allow vessels to sail under storm signal number 1 provided certain conditions...

BOC surpasses Mar collection target

Mar. 29 | THE Bureau of Customs (BOC) has exceeded its target collection for March based on preliminary estimates. As of March 23, the BOC took in P14.5 billion, only P5.11 billion short of the P19.61-billion target. The gap is expected to be easily covered by...

ATI inks Batangas container terminal deal

Mar. 29 | ASIAN Terminals, Inc. (ATI) finally signed last week the 25-year management and operations contract to operate Batangas Port’s A1 container terminal. ATI also operates phase I or the port’s domestic terminal. Under the contract, the Philippine Ports...

Jan imports jump 30%

Mar. 29 | PHILIPPINE imports soared 30.3% in January, the highest growth in the last seven years. Latest data from the National Statistics Office (NSO) showed imports reached $4.261 billion from $3.270 billion in January 2009. Month-on-month, January imports are...

RATS doubles up efforts

Mar. 29 | THE Bureau of Customs (BOC) is stepping up its Run After the Smugglers (RATS) program to earn additional revenues. Recent policies were adopted so that smuggling cases are better handled, including updating RATS prosecutors on new customs laws and cases...