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Archive for November, 2013

ICTSI sells majority stake in Cebu container terminal

ICTSI sells majority stake in Cebu container terminal

Nov. 30 | Manila-based International Container Terminal Services Inc. (ICTSI) is selling its 51% stake in a container terminal in Cebu, the company said in a disclosure to the Philippine Stock Exchange last Friday. The port operator said its stake in Cebu International...

PH Customs chief says he’s ready to face PDAF misuse charges

PH Customs chief says he’s ready to face PDAF misuse charges

Nov. 30 | PHILIPPINE Customs Commissioner Rozzano Rufino Biazon said he is “willing and ready” to face allegations against him after he was named as one of 37 individuals charged with malversation of public funds in relation to the Priority Development Assistance...

7 groups vie for Mactan-Cebu airport project

7 groups vie for Mactan-Cebu airport project

Nov. 30 | SEVEN pre-qualified groups last week bid for the P17.5-billion Mactan-Cebu International Airport (MCIA) project, the first airport put on the block under the Aquino administration’s Public-Private Partnership (PPP) program. The bidders are: AAA Airport...

PH Customs Oct collections rise to P27.9B, still below target

PH Customs Oct collections rise to P27.9B, still below target

Nov. 30 | CUSTOMS collections increased 3.4% for October to P27.86 billion from P26.934 billion year-on-year as revenue improved for four months in a row, according to official data from the Philippine Bureau of Customs. The October revenue take was, however, 8.7%...

Winds of change blowing at Philippine Shippers’ Bureau

Winds of change blowing at Philippine Shippers’ Bureau

Nov. 30 | FREIGHT forward­ers, be ready for changes at the Philippine Shippers’ Bureau (PSB). A reliable source from PSB’s mother agency, the Department of Trade and Industry, told PortCalls the bureau will be renamed Supply Chain and Logistics Management...

Seven PPP projects worth P184B win PH gov’t approval

Seven PPP projects worth P184B win PH gov’t approval

Nov. 30 | THE National Economic and Development Authority (NEDA) board, chaired by Philippine President Benigno Aquino III, has approved seven infrastructure projects that would cost a total of P184.2 billion. Of the seven projects, five are for the transport sector,...

PH ports agency chief assumes chairmanship of ASEAN port group

PH ports agency chief assumes chairmanship of ASEAN port group

Nov. 30 | From left Mr. Mohamad Puzi Mohamad Nazir (Malaysia), Mr. Vo Hoang Giang (Vietnam), Mr. Chieap Thol (Cambodia), Pengiran Haji Mohd. Zain (Brunei Darussalam), Mr. Djarwo Surjanto (Indonesia), Atty. Juan C. Sta. Ana (Incoming APA Chairperson), Ms. Lawan...

PH not quite ready for ASEAN economic integration

PH not quite ready for ASEAN economic integration

Nov. 30 | Management Association of the Philippines president Salazar believes amending the country’s investment law would attract more foreign investors and boost the manufacturing sector. AT LEAST five members of the Association of Southeast Asian Nations (ASEAN)...

Cebu port soft-opens passenger terminal

Cebu port soft-opens passenger terminal

Nov. 30 | THE Cebu Port Authority (CPA) has soft-launched the new passenger terminal on Pier 1 at the Port of Cebu, a new addition to the maritime hub’s facilities. Dubbed as Terminal 1, the building has a gross floor area of 2,688 square meters and houses a...

Projected BOC Automation Initiatives

Projected BOC Automation Initiatives

Nov. 30 | A stakeholder review of draft regulations for strict implementation of the mandatory advance submission of air manifest as well as the proposed submission of PEZA/Freeport electronic export documentation to BOC e2m system is in high gear.   The BOC...
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