BOC-NAIA hands over P2M worth of seized drugs to PDEA

Apr. 17 | The seized illegal drugs were turned over by the Bureau of Customs-NAIA to the Philippine Drug Enforcement Agency on April 17. The Bureau of Customs (BOC)-Ninoy Aquino International Airport (NAIA) has apprehended illegal drugs, such as methamphetamine...

LBC income expands 91% on higher volumes, logistics sales

Apr. 17 | Image by PublicDomainPictures from Pixabay Logistics and remittance service company LBC Holdings Corp. (LBCH) reported a net income of P1.349 billion in 2018, or 91% higher than the P707.92 million earned in 2017, partly due to the increase in gross profit...

Clark airport domestic arrival gangway opened

Apr. 17 | Passengers pass through the newly opened and renovated domestic arrival gangway leading to the baggage claim area of Clark International Airport’s Domestic Arrival Terminal. Photo courtesy of Clark International Airport Corp’s Corporate Communications...

MPTC to undertake more expansion works, announces Holy Week assist program

Apr. 16 | Part of the North Luzon Expressway. Photo from nlex.com.ph. Toll road developer Metro Pacific Tollways Corp (MPTC) has lined up a number of capacity expansion projects including construction of additional lanes, bridges, and toll plazas in efforts to...

ICTSI opens $450M container terminal in Argentina

Apr. 16 | Jacaranda, a vessel of Brazilian shipping line Log-In, berthed at Tecplata. Photo from www.ictsi.com. TecPlata, the new container terminal of International Container Terminal Services, Inc. (ICTSI) located in Argentina’s Puerto de La Plata, has officially...

BOC takes another look at WB’s 2017 customs modernization plan

Apr. 16 | Image by Colossus Cloud from Pixabay The Bureau of Customs (BOC) plans to conduct a feasibility study on the implementation of a project proposed two years ago by the World Bank (WB). The $150-million project, which seeks to modernize operations and automate...

BOC: No more congestion at Manila ports

Apr. 15 | Image by Michael Gaida from Pixabay The problem of congestion at the Port of Manila (POM) and Manila International Container Port (MICP) has been checked as of April, according to the Bureau of Customs (BOC). Yard utilization at POM and MICP has declined...

PDEA to use TradeNet to process 6 firms’ export permits

Apr. 14 | Image by fancycrave1 from Pixabay The Philippine Drug Enforcement Agency (PDEA) will start processing online special export permits of an initial six private firms under the government’s web-based trading platform TradeNet, according to the Department...

P1.8M fake products destroyed to highlight intellectual property rights month

Apr. 14 | The destroyed goods included shoes, watches and soaps and were among counterfeit items seized by the Bureau of Customs in various areas and ports. Photo from the BOC. The Intellectual Property Office of the Philippines (IPOPHIL) destroyed various fake...

PAL narrows annual loss by 38% as passenger, cargo revenues jump

Apr. 13 | Philippine Airlines (PAL) ended 2018 with a consolidated total comprehensive loss of P2.8 billion, 38.3% less than its comprehensive loss of P4.6 billion in 2017. Consolidated revenues for 2018 amounted to P150.4 billion, up 16.2% over 2017’s P129.5...