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Monthly Archives: September, 2010

PAL annual operating budget at $230M

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BELEAGUERED Philippine Airlines (PAL) needs at least $230 million annually to continue operating. In a statement, company spokes-person Cielo Villaluna said half of the estimated...

Expansion on Quickflo's agenda as it marks 15

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Celebrating its 15th year this month, Quickflo Forwarders, Inc continues to expand operations despite uncertainties in the global economy. Reflecting this expansionary mood is its...

IATA sees weaker 2011 for airlines

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THE International Air Transport Association (IATA) expects a weaker 2011 with the recent strong growth in travel and freight markets in the Asia-Pacific region...

Cold chain operators look at biomass to power reefer facilities

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MEMBERS of the Cold Chain Association of the Philippines (CCAP) are eyeing the use of cheaper alternative sources of power for their refrigerated warehouses. With...

Customs collection deficit to hit 7% this year

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THE Bureau of Customs (BOC) will likely report a 7% collection shortfall for 2010 mainly due to changes in government policy. Customs commissioner Angelito Alvarez...

July imports up 16.2%

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STRONG demand for electronics kicked up Philippine imports in July to $4.678 billion, 16.2% more than the $4.026 billion posted in the same month...

Key collection districts fail to meet revenue goals

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MOST of the country’s key ports fell short of their collection targets in August, leading to a 33% dip in the Bureau of Customs...

North Harbor port operator must submit JV papers this week

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THE Philippine Ports Authority (PPA) is giving North Harbor operator Manila North Harbour Port, Inc (MNHPI) until this week to submit incorporation papers of...

Anti-smuggling body all but closed

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THE controversial Presidential Anti-Smuggling Group (PASG) has practically been shut down after the Office of the President left the agency with no funds for...

PAL offers more to flight attendants

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PHILIPPINE Airlines (PAL) jacked up by more than 30% to P105 million its offer to flight attendants to settle a weeks-long labor row. PAL said...
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