Thursday, December 3, 2020

Monthly Archives: December, 2016

PH regulation for advance ruling, rules of origin now in effect

The Philippine Bureau of Customs (BOC) has issued the customs memorandum order (CMO) providing guidelines in the implementation of an advance ruling system for...

HK exports arrest decline with 8% growth in Nov

Hong Kong’s exports performed better than expected in November after contracting in October, according to figures from the Census and Statistics Department. The value of...

Cathay Pacific, Air Canada’s codeshare services start January

A strategic cooperation has been forged by Cathay Pacific and Air Canada to enhance travel services from Hong Kong to Canadian destinations, and from...

DP World expands Busan port holding, seeks more VN investments

Dubai-based DP World announced it has acquired an additional 23.94% stake in Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation &...

Thai economy buoyed by higher exports, production output

The Thai economy has expanded continuously following an export increase and the higher confidence of the production sector, the Fiscal Policy Office reported. The agency...

Singapore’s Nov factory output logs 11.9% growth

A surprisingly robust performance was exhibited by Singapore’s manufacturing industry in November 2016, as output rose 11.9% year-on-year, reducing the odds of a technical...

Wan Hai enhances Southeast Asian operations

Taiwanese container carrier Wan Hai Lines will expand further its Southeast Asia network by joining the Thailand-Belawan Service come January. The Thailand-Belawan Service (also known...

Thai exports hit 9-month high in November

Thailand’s exports rose 10.19% to US$18.91 billion in November, the highest growth rate in nine months, compared to a 4.22% slide in October. The strong...

BOC order on duty-, tax-free balikbayan boxes now in effect

Overseas Filipino workers and Filipinos residing abroad may now send their balikbayan (household goods and personal effects) boxes to the Philippines duty- and tax-free. Customs...

Tug assistance is optional, PH ports agency clarifies

The Philippine Ports Authority (PPA) said it did not completely suspend the tug assistance requirement but only made it optional in most cases and...

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...