Ombudsman dismisses seven customs execs, staff for corruption

Aug. 20 | The Office of the Ombudsman has ordered the dismissal from service of seven Bureau of Customs (BOC) officials and employees for grave misconduct and neglect of duty. Ombudsman Samuel Martires in separate rulings dated August 15 ordered the dismissal from...

BOC issues rules on lodgement of consumption goods declaration

Aug. 17 | Image by rawpixel from Pixabay The Bureau of Customs (BOC) has unveiled uniform guidelines for the lodging and processing of consumption goods declaration at all ports. Customs Memorandum Order (CMO) 39-2019, signed August 7 and effective immediately,...

Lorenzo Shipping widens net loss to P173M

Aug. 17 | Lorenzo Shipping Corp owns and operates five vessels deployed to key ports in Manila, Visayas and Mindanao. Photo from Lorenzo Shipping Facebook page. Lorenzo Shipping Corporation (LSC) reported a wider net loss of P173.516 million in the first half of...

Harbor Star reports modest increase in first-semester income

Aug. 17 | Harbor Star Shipping Services assists more than 5,500 vessels per year throughout the Philippines. Photo from harborstar.com.ph Harbor Star Shipping Services, Inc. (HSSSI) reported a service income of P678.3 million for the first half of 2019, a 4% increase...

LBC Express net income in H1 down 54%

Aug. 17 | LBC Express Holdings, Corp. reported a net income of P548.95 million in the first half of 2019, a 54% drop from the P1.196 billion earned in the same period last year. In a regulatory disclosure, LBC said the lower income was due to net loss from one...

AyalaLand Logistics income up 394% in first semester

Aug. 17 | A standard facilities building in Biñan City, Laguna launched in 2018 by Laguna Technopark Inc. (LTI), a partnership between Prime Orion Philippines, Inc. and Mitsubishi Corp. Prime Orion in 2019 has been renamed AyalaLand Logistics Holdings Corp. Photo...

Stepping Up Your Service Delivery Capabilities

Aug. 17 | Amit Maheshwari, Softlink Global CEO Imagine a logistics company where every aspect of the business can be accurately and cost-effectively managed every step of the way with impeccable delivery timelines. Sounds too good to be true? That is the way of...

DOTr, BCDA turn over operations of Clark airport to LIPAD

Aug. 17 | CLARK, PAMPANGA – The operation and maintenance of Clark International Airport (CRK) was formally turned over to Luzon International Premiere Airport Development (LIPAD) Corp on August 16, 2019. Department of Transportation (DOTr) Secretary Arthur Tugade...

Cebu Pacific’s first dedicated freighter starts service on Sept 4

Aug. 16 | At the inauguration of Cebu Pacific’s first dedicated freighter, from left: Civil Aviation Authority of the Philippines (CAAP) Director General Capt. Jim Sydiongco; CAAP Deputy Director General for Operations Capt. Don Mendoza; Civil Aeronautics Board...

CAB lowers airline fuel surcharge rate for Sep-Oct

Aug. 16 | Image by skeeze from Pixabay The drop in jet fuel prices has prompted the Civil Aeronautics Board (CAB) to reduce the passenger fuel surcharge airlines operating in the Philippines may collect from September to October 2019. In an August 15 advisory,...