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BOC’s container e-tracking system for implementation in more ports this month
Jul. 4 | Screengrab of BOC deputy commissioner Edward James Dy Buco’s presentation on the E-TRACC System during the third Supply Chain Analytics Networks Hub E-Forum The Bureau of Customs (BOC) eyes adoption of its Electronic Tracking of Containerized Cargo...
PPEs, medical equipment imports no longer duty-, tax-free
Jun. 27 | Imports of personal protective equipment (PPE) and other medical emergency supplies are now subject to payment of duties and taxes following the expiration of Republic Act 11469, also known as Bayanihan to Heal as One (BHAO) Act, on June 24. In a June...
Domestic lines ordered to cut agri, food shipping rates by 40%
Jun. 27 | Manila North Harbor The Department of Transportation (DOTr) has directed all domestic shipping lines to extend a shipping rate discount of at least 40% on all agricultural and food products. At the same time, they were ordered to allocate no less than...
PH April manufacturing posts worst decline since 2001
Jun. 5 | Infographic from the National Economic and Development Authority The Philippine manufacturing sector recorded double-digit declines in both volume and value in April 2020—the highest annual decline since 2001— as a result of the impact of community...
ATI container volumes suffer double-digit dip in first 4 months
Jun. 5 | Batangas Port | Photo courtesy of ATI The coronavirus (COVID-19) pandemic cut container throughput at terminals operated by Asian Terminals Inc. (ATI) by double-digit in for the first four months of the year. ATI executive vice president William Khoury...
PAL losses balloon to P10.7B in Q1
Jun. 5 | PAL aircraft photo courtesy of www.philippineairlines.com Philippine Airlines’ (PAL) total comprehensive loss jumped to P10.72 billion for the first quarter of 2020 from P60.81 million in the same period last year, as operations were severely affected...
BOC seizes P17.38M worth of fake cigarettes from China
Jun. 5 | Fake Marvels and Mighty cigarettes seized by BOC on June 3| Photo courtesy of BOC The Bureau of Customs (BOC) has seized a container with fake Mighty and Marvels brand cigarettes worth an estimated P17.38 million for unlawful importation. The shipment...
Quarantine, less gangs cause delays at North Port
May. 25 | North Port | Photo courtesy of MNHPI Domestic shipping lines are experiencing delays at North Port, the domestic terminal at Manila North Harbor, owing to fewer gangs servicing vessels and the implementation of community quarantine to stop the spread...
Sluggish trade cuts ICTSI Q1 income by 16%
May. 7 | ICTSI’s flagship Manila International Container Terminal Global port operator International Container Terminal Services, Inc. (ICTSI) reported a net income of US$68.8 billion in the first quarter of 2020, 16% lower than the $81.5 billion earned...
