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PIL to exit transpacific market in March

PIL to exit transpacific market in March

Feb. 17 | As part of Pacific International Lines’ (PIL) continuous effort to optimize its network efficiency, the company will be withdrawing its services from the transpacific market. As a result of this service re-alignment, PIL’s last transpacific sailing...

PH second top export performer in East Asia with sales of $70B in 2019

PH second top export performer in East Asia with sales of $70B in 2019

Feb. 17 | Trade secretary Ramon Lopez Philippine exports reached a record high of US$70.3 billion in 2019 from $69.3 billion last year despite external headwinds arising from global trade policy uncertainties, geopolitical tensions, and country-specific challenges,...

BOC fast-tracks release of imported face, surgical masks from PH ports

BOC fast-tracks release of imported face, surgical masks from PH ports

Feb. 14 | The Bureau of Customs (BOC) is ensuring that imported face/surgical masks are promptly processed and released in view of high demand for them due to the coronavirus disease (COVID-19) outbreak globally. BOC said it has been expediting the processing and...

MetroPac starts construction of Sta. Rosa logistics center

MetroPac starts construction of Sta. Rosa logistics center

Feb. 14 | Officials of MetroPac Movers, Inc. and Markeenlo Realty, Inc. sign a lease agreement for the construction of the Laguna logistics center MetroPac Movers, Inc., the logistics arm of Metro Pacific Investments Corporation (MPIC), is building a logistics...

BOC misses 2019 revenue target

BOC misses 2019 revenue target

Feb. 14 | Nine of the 17 customs collection districts have hit their revenue targets for 2019, according to the Bureau of Customs (BOC). These ports were Limay with P56.332 billion; Cagayan de Oro with P34.540 billion; Subic with P32.373 billion; San Fernando with...

Supply Chain Trilogy looks at future of cold, digital supply chains

Supply Chain Trilogy looks at future of cold, digital supply chains

Feb. 12 | Cold chain and digital supply chain are the main focus of this year’s second run of Supply Chain Trilogy, which will feature two half-day events that aim to impart key learnings and strategies on how to transform and future-proof businesses in today’s...

CALAX’s Laguna side fully opened, Cavite segment works begin

CALAX’s Laguna side fully opened, Cavite segment works begin

Feb. 11 | CALAX photo rendering from MPTC Following the full opening of the Laguna section, MPCALA Holdings, Inc., a unit of Metro Pacific Tollways Corporation (MPTC), has started preparatory works on the Cavite side of the 45-kilometer Cavite-Laguna Expressway...

P1.6B BGC-Ortigas road link ready by next year

P1.6B BGC-Ortigas road link ready by next year

Feb. 8 | Department of Public Works and Highways secretary Mark Villar during an inspection of the road project on February 7, 2020 The Department of Public Works and Highways (DPWH) is fast-tracking the completion of the P1.6-billion Bonifacio Global City (BGC)-Ortigas...

PH manufacturing sector down in Dec

PH manufacturing sector down in Dec

Feb. 5 | The decline in Philippine manufacturing output in December was the 13th straight monthly dip. Image by Mike Flynn from Pixabay The Philippine manufacturing sector recorded its 13th consecutive month of decline in December 2019, according to the Philippine...

PH manufacturing index improves in Jan despite Taal eruption

PH manufacturing index improves in Jan despite Taal eruption

Feb. 4 | Image by enriquelopezgarre from Pixabay The Philippine manufacturing sector grew at its strongest rate in January 2020 since January 2019 despite the disruption caused by Taal Volcano’s eruption, according to the latest Purchasing Manager’s Index...