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With MIAA’s refusal to change decision on OPS, Megawide says bye to NAIA rehab

The Manila International Airport Authority (MIAA) has denied GMR-Megawide’s motion to overturn the revocation of its original proponent status (OPS) in the Ninoy...

Port of Tanjung Pelepas handles record 9.8M TEUs in 2020

Port of Tanjung Pelepas (PTP) registered a record throughput of 9.8 million TEUs in 2020 despite the COVID-19 pandemic, beating its record set...

Cebu Pacific sets stock rights offer to raise US$250M

Cebu Pacific has scheduled for February 26 to March 4 its stock rights offering for proceeds of about US$250 million Net proceeds from...

Heavy sanctions await air operators violating COVID-19 protocols

New joint guidelines released imposing sanctions on air transport operators that will violate COVID-19-related protocols Civil Aviation Authority of the Philippines eyes fines...

Cebu airport cargo volume sinks 43% in 2020

Cargo volume handled by Mactan-Cebu International Airport (MCIA) plunged 42.7% in 2020 from 2019 as flights dropped more than 70% due to COVID-19...

Laguna, Cavite PEZA imports covered by E-TRACC from Jan 19

Import containers bound for 14 zones under the Philippine Economic Zone Authority in Laguna and Cavite now covered by the Bureau of Customs’...

Marina, Coast Guard see lower 2020 budget, CAB gets more

Maritime Industry Authority and Philippine Coast Guard have lower budgets for 2021 compared to 2020, while the Civil Aeronautics Board got a higher...

Logistics, cold storage lead popular investment sectors for 2021

CBRE’s Asia Pacific investor survey found that 60% of investors intend to purchase more real estate in 2021, the highest level since 2016 ...

HMM deploys ninth extra loader as cargo demand soars

The ninth temporary ship, the Hyundai Forward, departed Busan on January 23, bound for Los Angeles The 4,600-TEU vessel was loaded with 3,970...

PortCalls (January 25, 2021)

Our latest issue of PortCalls (January 25, 2021). Stories include: BOC guides exporters on payment of penalties for errors, misdeclaration Want a PPA certificate or contract?...

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