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Archive for November, 2016

What Role Can the Philippines Play?

What Role Can the Philippines Play?

Nov. 28 | HONG KONG — The Cathay Pacific Cargo Terminal near the Hong Kong International Airport is a marvel. Sure, it’s not really that unique, especially if you have been to, or work in, a warehouse that utilizes extensive automation systems like AS/RS...

IT Can Safeguard You  From Logistics Challenges

IT Can Safeguard You From Logistics Challenges

Nov. 28 | Logistics is becoming more complex by the day, mainly due to the changing consumption patterns of people worldwide.   As a result, logistics companies face a number of major challenges ahead. Customer expectations are on the rise, and logistics companies...

HK exports fall in October after September growth

HK exports fall in October after September growth

Nov. 28 | Hong Kong’s total exports of goods (comprising re-exports and domestic exports) decreased by 1.8% in October from a year earlier to HKD313.7 billion (US$40.4 billion) after a year-on-year growth of 3.6% in September 2016, according to the Census...

Singapore lowers growth cap for 2016, takes modest outlook for 2017

Singapore lowers growth cap for 2016, takes modest outlook for 2017

Nov. 28 | Singapore’s trade ministry has narrowed its growth forecast for the national economy in 2016, citing weak global trade as GDP expansion in the third quarter further slowed, and predicts only a modest uplift for 2017. The Ministry of Trade and Industry...

PH customs eyes ASYCUDA World to automate processes

PH customs eyes ASYCUDA World to automate processes

Nov. 27 | Image from www.asycuda.org/ The Philippine Bureau of Customs (BOC) is in discussions to implement by next year ASYCUDA World, the latest version of the Automated System for Customs Data, a system provided by the United Nations Conference on Trade and...

PH ports agency suspends tug assistance requirement at 14 terminals

PH ports agency suspends tug assistance requirement at 14 terminals

Nov. 27 | Fourteen Philippine ports will no longer require tug assistance beginning December 6, 2016. Photo from www.harborstar.com.ph Starting December 6, compulsory tug assistance at 14 ports will be suspended, according to the Philippine Ports Authority (PPA). “In...

Draft PH customs order revises rules for abandoned goods

Draft PH customs order revises rules for abandoned goods

Nov. 27 | The draft customs administrative order (CAO) governing the processing of abandoned goods at Philippine gateways has been released by the Department of Finance (DOF) and Bureau of Customs (BOC). Among its key provisions is the shortened period for declaring...

PH agriculture agency cancels meat, agri import permits

PH agriculture agency cancels meat, agri import permits

Nov. 26 | The Philippine Department of Agriculture (DA) has cancelled all import permits for meat and agricultural products to curb the rise in smuggling during the holidays. “I issued instructions for an immediate cancellation of all import permits of all...

Upgraded R-10 Road opens to motorists in Jan

Upgraded R-10 Road opens to motorists in Jan

Nov. 26 | The road that traverses the old Smokey Mountain area in Manila and that used to be congested by informal settlers will be turned into a high-capacity highway by January 2017 to ease heavy vehicular traffic on EDSA and Circumferential Road 5 (C5). “Filipinos...

Mass promotion of PH customs staff set for Dec

Mass promotion of PH customs staff set for Dec

Nov. 26 | The Philippine Bureau of Customs (BOC) has bared plans for the mass promotion of personnel to incentivize professionalism as well as the acquisition of equipment to beef up enforcement activities, both part of the agency’s reform program. BOC acting...