Home » Archive for November, 2010
Archive for November, 2010
New regulations for importer accreditation
Nov. 29 | IN recent months, the new customs commissioner has issued a number of new rules and regulations. We will outline below some of these recent issuances that significantly impact on the gateway community – customs brokers, forwarders, customs bonded...
Sept imports up 24% to $4.574B
Nov. 29 | PHILIPPINE imports increased 24.6% in September thanks to the continuing surge in electronic product shipments. Latest data from the National Statistics Office showed September imports jumped to $4.574 billion from $3.670 billion in the same month last...
2 CBW operators charged with smuggling
Nov. 29 | THE Bureau of Customs (BOC) last week filed smuggling charges against two customs bonded warehouse (CBW) operators engaged in the importation of polyester/cotton yarn and ghost re-exportation of finished products (knitted t-shirts). Charged before the...
Asia Pacific carriers see growth in Oct
Nov. 29 | MEMBER lines of the Association of Asia-Pacific Airlines (AAPA) continued to post positive figures in October. Air cargo traffic grew 16.6% compared to the same month last year. The average international cargo load factor for Asia-Pacific carriers was...
New regulations for importer accreditation
Nov. 29 | IN recent months, the new customs commissioner has issued a number of new rules and regulations. We will outline below some of these recent issuances that significantly impact on the gateway community – customs brokers, forwarders, customs bonded...
ATI net income doubles in first three quarters
Nov. 29 | ASIAN Terminals, Inc (ATI) doubled its net income to P1.665 billion in the first nine months of the year from P828.8 million in the same period last year. Total revenues grew 23.6% to P3.407 billion from P2.756 billion year on year. Revenue from port...
PAL sees 33% hike in income
Nov. 24 | Flag carrier Philippine Airlines (PAL) maintained cautious optimism for the year despite posting modest gains in the last two quarters of its fiscal year. PAL said the continued volatility in fuel prices and the new case of bird flu recorded in Hong Kong...
Truck ban on EDSA opposed
Nov. 24 | Two of the country's biggest trucking groups said plans by the Metro Manila Development Authority (MMDA) to totally ban trucks from EDSA will translate to higher logistics costs. The Confederation of Truckers Association of the Philippines (CTAP)...
Changes needed in PH for successful intermodal system – expert
Nov. 24 | An intermodal transport expert is urging the Philippines to adopt policy changes in order to have a more effective intermodal transport system. "The Philippines is really well ahead of its counterparts in terms of intermodal transport concepts"...
