Philippine SMEs most bullish in the Asia Pacific

Aug. 31 | About 38% see sound supply chain management as a means to cut cost AMONG small- and medium-scale enterprises (SMEs) in the Asia Pacific, those based in the Philippines are the most optimistic when it comes to business prospects for the year, according...

June imports up 1.4% to $4.17B

Aug. 31 | PHILIPPINE imports inched up 1.4% to $4.166 billion in June from $4.107 billion in the same month last year, according to latest data from the National Statistics Office (NSO). The growth is lackluster compared to previous months’ performance. On a...

PAL reports cancellations from HK, China

Aug. 31 | PHILIPPINE Airlines (PAL) is now feeling the negative effects of the tragic hostage-taking incident that took place on August 23. PAL over the weekend said more than 500 tourists from Hong Kong and mainland China cancelled their bookings with the airline...

Int’l freight, passage traffic move up in July

Aug. 31 | INTERNATIONAL freight and passage traffic registered increases in July, according to the International Air Transport Association (IATA). Freight traffic grew 22.7% over its year-ago level while passage demand jumped 9.2%. The July figure was less than...

RP passenger volume rises 10.5% in first semester

Aug. 25 | PASSAGE volume in the Philippines grew 10.5% in the first six months of the year to 8.39 million from 7.59 million in the same period last year, thanks to strong local economic conditions, according to the Civil Aeronautics Board (CAB). Cebu Pacific was...

SMC shipping firm gets BOI incentives

Aug. 25 | THE Board of Investments (BOI) is extending incentives to the shipping arm of San Miguel Corp (SMC). SMC Shipping and Lighterage Corp (SMCSLC) — owned 70% by SMC and 30% by Kadiwa Transport Corp ¬— is investing P613.8 million to operate the SL Maple,...

ICTSI says no violation in berth construction

Aug. 25 | INTERNATIONAL Container Terminal Services, Inc (ICTSI) belied allegations it is engaging in “illegal reclamation” at Isla Puting Bato in Tondo, where it is constructing Berth 6. Manila vice mayor Francisco “Isko Moreno” Domagoso last week accused...

Another PEZA VASP achieves compliance with NSW

Aug. 25 | By LEO V. MORADA, PortCalls IT Columnist APOLLO Technologies Inc —a Philippine Economic Zone Authority (PEZA)-accredited value added service provider (VASP) — recently completed technical connectivity testing with the Bureau of Customs’ National...

Port of Manila records collection surplus in July

Aug. 25 | THE Port of Manila (POM) collected P4.87 billion in July, 1.2% or P58 million more than the same month last year’s P4.812 billion. POM — the Bureau of Customs’ (BOC) second-biggest collection district – has met all its monthly targets since the...

Montenegro Shipping buying 8 ro-ro vessels for P1 billion

Aug. 25 | ROLL on-roll off operator Montenegro Shipping Lines (MSL) is acquiring eight additional vessels worth about P1 billion in its bid to service more routes. “Some vessels will be deployed in Pioduran and Esperanza in Region 5 (and some)… in our other...