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Archive for January, 2019

Inter-agency order to address high shipping costs, port congestion in PH

Inter-agency order to address high shipping costs, port congestion in PH

Jan. 31 | Several Philippine government agencies are targeting to issue a joint administrative order (JAO) on February 14 that would contain measures aimed at addressing high international shipping costs, port congestion, and the empty container issue. The agencies...

Changi Airport breaks 65M passenger mark in 2018

Changi Airport breaks 65M passenger mark in 2018

Jan. 30 | Singapore Changi Airport handled a record 65.6 million passenger movements in 2018, up 5.5% from 2017, while airfreight throughput increased by 1.4% to reach 2.15 million tonnes for 2018. December was once again the busiest month of the year, recording...

BOC e2m capacity expansion set for the first quarter

BOC e2m capacity expansion set for the first quarter

Jan. 29 | The Bureau of Customs (BOC) expects to start within the first quarter its stabilization project to extend the life of the outdated electronic-to-mobile (e2m) system and provide users significant relief in its usage, while the agency explores its options...

PH AEO program for roll out in first half

PH AEO program for roll out in first half

Jan. 29 | Stakeholders that apply and qualify for the Authorized Economic Operator program are allowed to clear their goods with minimum or zero customs border intervention. Image courtesy of khunaspix at FreeDigitalPhotos.net. The Bureau of Customs (BOC) will...

Decade-long domestic shipping upgrade needs P45B to execute

Decade-long domestic shipping upgrade needs P45B to execute

Jan. 29 | Modernizing and upgrading inter-island shipping in support of the Philippine Nautical Highway Development (PNHD) will require an estimated P45.155 billion to implement over a 10-year period, according to a development plan by the Maritime Industry Authority...

New Airspeed warehouse opens in Parañaque

New Airspeed warehouse opens in Parañaque

Jan. 29 | The new Airspeed Philippines warehouse was recently inaugurated by company Chairman & President Rosemarie P. Rafael (right) and Operations and General Manager Andrew Interin. Airspeed International recently opened its newest warehouse in Parañaque...

BOC to harmonize all rules and regulations this year

BOC to harmonize all rules and regulations this year

Jan. 29 | The Bureau of Customs (BOC) is eyeing the codification and harmonization of all its memos and implementing rules to make access to such information easier and more transparent for both stakeholders and customs personnel. As part of its 10-point priority...

Hanjin site eyed as PH eco-industrial maritime hub

Hanjin site eyed as PH eco-industrial maritime hub

Jan. 29 | Photo from www.hhic-phil.com The Subic facility of failed shipbuilder Hanjin Heavy Industries and Construction-Philippines, Inc. (HHIC-Phil) may be considered as a possible location for the country’s first eco-industrial maritime park, according to...

New PH Rules on Customs Audit and Prior Disclosure

New PH Rules on Customs Audit and Prior Disclosure

Jan. 29 | IT’s been more than 2 years since the passage of the Customs Modernization and Tariff Act (CMTA) and finally, the new rules on Post Clearance Audit (PCA) and Prior Disclosure Program (PDP) have been issued through Customs Administrative Order (CAO)...

ANA Holdings purchases 9.5% stake in PAL Holdings

ANA Holdings purchases 9.5% stake in PAL Holdings

Jan. 29 | Photo from www.philippineairlines.com ANA Holdings, Inc (ANA HD), parent of All Nippon Airways (ANA), Japan’s largest and 5-star airline for six consecutive years, will invest US$95 million in PAL Holdings Inc. and acquire 9.5% of PAL Holdings’...
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