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Archive for January, 2016
Ex-Socio Economic Planning Secretary Paderanga passes away
Jan. 30 | Former Socioeconomic Planning Secretary Cayetano Paderanga, Jr has died on January 29. He was 67. Paderanga was well known to the logistics community. He had been a regular speaker at the annual PortCalls Cargo Economics Conference. He last joined the...
Logistics industry more cheery but it might just be seasonal, says report
Jan. 29 | Stakeholders in the logistics sector showed a happier disposition in their outlook for January than they did a month ago, tallying up a score of 45.9 from 45.4 in December 2015, according to the latest edition of the Stifel Logistics Confidence Index...
Dragonair rebranded as Cathay Dragon
Jan. 29 | The Cathay Pacific group has announced the renaming of Cathay Pacific’s wholly owned sister airline Dragonair as Cathay Dragon, adding that the rebranded airline will also be wearing new livery. The two will remain as separate airlines, operating under...
Indonesia addresses high logistics costs in ninth economic policy package
Jan. 29 | The Indonesian government has issued the ninth economic policy package which aims to deregulate the logistics industry to combat the country’s high logistics costs in a bid to improve the competitiveness of domestic industries. The ninth policy package...
Singapore’s factory output down 7.9% in Dec and 5.2% in 2015
Jan. 28 | The manufacturing production of Singapore fell 7.9% in December 2015 on a yearly basis, the 11th straight month of decline, as most clusters, except biomedical manufacturing, posted decreases. Excluding biomedical manufacturing, manufacturing output fell...
Trucks enrolled in TABS officially get truck ban exemption
Jan. 28 | Trucks participating in the Terminal Appointment Booking System (TABS) have finally been granted exemption from the truck ban by the Metro Manila Council-Special Traffic Committee (MMC-STC). In Resolution No. 02-2016 approved on January 13, MMC-STC said...
PH logistics industry cautiously upbeat about 2016 prospects
Jan. 28 | Though showing varying levels of optimism, stakeholders in the Philippine cargo transport industry see 2016 as a generally positive year, but one still presenting challenges amidst economic and political uncertainties and the anticipated crossover of...
Draft rules on PNP-controlled chemicals released next month
Jan. 28 | The draft memorandum circular that will clarify the list of chemicals under the Philippine National Police’s (PNP) control and detail how applicants can obtain permits and accreditation to acquire such substances will be out by the middle of February,...
Box shipping’s ‘new normal’ demand growth lower than expected, says Bimco
Jan. 27 | Container shipping posted sluggish volume growth in 2015 that did not translate to higher freight rates, as both box and global gross domestics product (GDP) expansion disappointed, according to the Baltic and International Maritime Council (Bimco). “Overall,...
