Wednesday, October 20, 2021

Monthly Archives: March, 2018

PH shipping, trucking rate hike looms in wake of higher fuel excise tax

The increase in the excise tax on fuel brought about by the passage of the new Tax Reform for Acceleration and Inclusion (TRAIN) Law...

PH port users reiterate need to probe foreign liners’ fees, charges

More Philippine stakeholders and port users are urgently pressing government to review and regulate charges imposed by international shipping lines, saying these charges have...

Magsaysay unveils first owned supply chain facility

Magsaysay Shipping and Logistics (MSL), a unit of the Magsaysay Group of Companies, has formally inaugurated its four-hectare dry and cold chain facility in...

BOC denies proliferation of CY/CFS

The Philippine Bureau of Customs (BOC) has rejected claims off-dock container yard/container freight stations (CY/CFS) are proliferating, noting that the issue involves only one...

Volumes expand as Subic freeport attracts more users

Subic Bay International Terminal Corporation (SBITC) recorded new users in 2017 that helped contribute to the higher volumes handled at its port facilities in...

BOC probes unauthorized withdrawal of 105 containers from Port of Manila

The Bureau of Customs (BOC) is investigating the unauthorized withdrawal from the Port of Manila (POM) of 105 containers that were subject of alert...

Asia-Pacific’s biggest ports face steep climate bill—study

Upgrading Asia-Pacific's biggest ports to cope with the effects of climate change will cost up to US$49 billion, but the bill could be even...

ICAO adopts new amendment enabling more integrated air traffic management

The International Civil Aviation Organization (ICAO) announced that the ICAO Council has adopted a new amendment to Annex 15 to the Convention on International...

BOC-MICP urges importers to voluntarily pay higher excise tax rates

  The Bureau of Customs (BOC)-Manila International Container Port (MICP) is encouraging importers, especially multinational companies, to voluntarily pay the higher excise tax on certain...

PH signs $935M loan with Japan for 1st phase of MM subway

The Philippines and Japan have signed the JPY104.53 billion (about US$934.75 million) loan agreement for the construction of the first phase of the Metro...
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