Thursday, December 3, 2020

Monthly Archives: May, 2016

PH Customs modernization act signed into law

Philippine President Benigno Aquino III on May 30 signed into law the long-awaited Customs Modernization and Tariff Act (CMTA). Republic Act (RA) No. 10863 or “An...

Myanmar crafting foreign investment law; Laos economy seen to grow 7%

Growing Southeast Asian economy Myanmar is now drawing up a foreign investment law that will mandate tax reductions in a bid to woo more...

Asia-North Europe freight demand inches up

Since the middle of April, the Asia-North Europe westbound trade has taken a turn for the better with many carriers reporting full ships with...

Singapore, HK exports hurting as global economic activity remains low

Both Singapore and Hong Kong, whose economies are heavily dependent on external trade, continue to be affected by the global economic inertia. Singapore’s non-oil exports...

New PH law tags agricultural smuggling as economic sabotage

Philippine President Benigno Aquino III on May 23 signed into law a measure that declares large-scale agricultural smuggling as an act of economic sabotage...

‘Makeup’ parcel yields over 200 ecstasy pills

The Philippine Bureau of Customs (BOC) busted another attempt to bring illegal drugs into the Philippines with its latest catch of 95 grams of...

IMO gives 3-month leeway in implementation of VGM

The International Maritime Organization (IMO) Maritime Safety Committee (MSC) is allowing governments and port authorities to take a “practical and pragmatic approach” in the...

Timor Leste to join ASEAN as 11th member in 2017

The Democratic Republic of Timor Leste will become a member of the Association of Southeast Asian Nations by 2017, Indonesian Ambassador to ASEAN Rahmat...

BOC forms public assistance unit

The Philippine Bureau of Customs (BOC) has created an internal customer assistance unit that will resolve inquiries and concerns of stakeholders and the transacting...

Indonesia to create monitoring task force on deregulation packages

Indonesian President Joko Widodo is planning to form a task force to ensure that the dozen economic stimulus packages issued by his administration are...

Most Read

BOC-NAIA seizes 28 kilos of rare agarwood worth P2.4M

  Bureau of Customs intercepted in Pasay City three packages containing 28 kilos of agarwood with an estimated street value of P2.4 million All...

Industry expert pushes multimodal transport in ASEAN for cost savings

Multimodal transportation offers reduced costs, saves time and improves shipment monitoring during transit Dealing with customs transit/transshipment procedures of countries a multimodal transport challenge Multimodal...

PH, Indonesia to ink Halal trade deal

The Philippines and Indonesia are set to sign a memorandum of understanding (MOU) on Halal cooperation that will facilitate trade of Halal-certified goods...

Bellyhold shortage hampers Asia’s air cargo market recovery

Regional carriers transported 13% less cargo in October year-on-year even as global business conditions continued to improve Air cargo traffic held back by...