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Archive for April, 2016

Advance manifest submission implemented on May 1

Advance manifest submission implemented on May 1

Apr. 30 | The Bureau of Customs (BOC) rules on advance manifest submission was implemented beginning May 1 under a “transition” period that will last until May 15. For now, the rule covers manifest submission of container and non-container vessels but not of...

First stage of Singapore’s Tuas Terminal project gets underway

First stage of Singapore’s Tuas Terminal project gets underway

Apr. 30 | Construction of the mega port in Tuas, Singapore, has officially started with initiation rites held on April 29 for the first phase of the development, announced the Maritime and Port Authority of Singapore (MPA). When completed, Phase 1 will have 20...

Higher productivity key to reversing Asia-Pacific economic slowdown, says study

Higher productivity key to reversing Asia-Pacific economic slowdown, says study

Apr. 29 | Bolstering productivity gains is what will reignite economic growth and drive the 2030 Agenda for Sustainable Development in Asia-Pacific, according to a new report by the United Nations. In the developing countries of the region, annual average growth...

Cargo volume up at South Korean ports

Cargo volume up at South Korean ports

Apr. 29 | Cargoes processed at South Korean seaports edged up in the first quarter from a year earlier as a rise in domestic shipments made up for a drop in exports and imports, government data showed. The country’s seaports handled a combined 366.1 million...

Indonesia to ease ecology impact licensing rules under new economic policy

Indonesia to ease ecology impact licensing rules under new economic policy

Apr. 27 | The government of Indonesia intends to relax regulations on issuing business nuisance licenses under its forthcoming 12th tranche of economic policy packages, a ministry official said. The business nuisance permit formally acknowledges that a warehouse...

Box liners reverse 5-month backslide in punctuality

Box liners reverse 5-month backslide in punctuality

Apr. 27 | Ocean box carriers bucked a five-month downward trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The average on-time performance...

Subpar demand drags down HK exports

Subpar demand drags down HK exports

Apr. 27 | Hong Kong’s total exports value in March fell 7% year-on-year, while the value of imports dropped 5.8%, the Census & Statistics Department announced. Total goods exports value decreased to HKD275.4 billion from a year earlier, after a year-on-year...

No growth in Singapore’s industrial output for March

No growth in Singapore’s industrial output for March

Apr. 27 | Singaporean manufacturing output decreased just 0.5% in March 2016 year-on-year, as strong expansion in the volatile biomedical manufacturing cluster cancelled out a big decline in transport engineering output, according to the Economic Development Board...

Malaysia eyes more MNCs to join principal hub plan

Malaysia eyes more MNCs to join principal hub plan

Apr. 27 | The Malaysian government wants to sign up this year 20 more multinational companies (MNCs) to participate in its Principal Hub (PH) program, joining the 12 that came earlier and have so far brought in investments totaling MYR7.31 billion (US$1.9 billion). International...

Cargo community lists top qualities of incoming PH chief executive

Cargo community lists top qualities of incoming PH chief executive

Apr. 25 | The next President of the Republic must have political will and a clear long-term vision for the country, according to cargo transport industry executives. With two weeks to go before the presidential polls, cargo community leaders shared their views...
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