Home » Posts tagged with "Philippine Competition Commission"

Posts tagged with "Philippine Competition Commission"

PCC clears way for Chelsea acquisition of Trans-Asia

PCC clears way for Chelsea acquisition of Trans-Asia

Jan. 20 | The Philippine Competition Commission (PCC) will no longer take further action on Chelsea Logistics Holdings Corp.’s (CLHC) proposed acquisition of 2 million common shares of Trans-Asia Shipping Lines, Inc. In a regulatory disclosure, CLHC said PCC...

PCC seeks stakeholders’ views on ICTSI-North Harbour deal

PCC seeks stakeholders’ views on ICTSI-North Harbour deal

Jan. 15 | The Philippine Competition Commission (PCC) is inviting stakeholders and interested individuals to comment on the proposed acquisition by International Container Terminal Services, Inc. (ICTSI) of shares in Manila North Harbour Port, Inc. (MNHPI) that...

Logistics among PCC priority sectors for anti-competition probe

Logistics among PCC priority sectors for anti-competition probe

Jan. 6 | The Philippine Competition Commission (PCC) is adding logistics to its priority sectors for competition analysis and enforcement in 2019. In a year-end report, PCC chairman Arsenio Balisacan said that “now, more than ever, our goal is to effectively...

PCC probes deeper into ICTSI purchase of North Harbor shares

PCC probes deeper into ICTSI purchase of North Harbor shares

Dec. 16 | The Philippine Competition Commission (PCC) entered the second phase of its review of the proposed acquisition by International Container Terminal Services, Inc. (ICTSI) of 50% shares in Manila North Harbour Port, Inc. (MNHPI). In a statement, PCC said...

PCC begins review of Udenna takeover of Trans-Asia after notification filed

PCC begins review of Udenna takeover of Trans-Asia after notification filed

Oct. 14 | The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s submission of notification on September 21, 2018. Udenna’s acquisition...

ICTSI confident purchase  of MNHPI shares to clear PCC

ICTSI confident purchase of MNHPI shares to clear PCC

Sep. 16 | Cranes at the Manila North Harbor. Photo courtesy of the Manila North Harbour Port, Inc. International Container Terminal Services, Inc. (ICTSI) is confident its acquisition of 50% shares in Manila North Harbour Port, Inc. (MNHPI), operator of domestic...

BIR asked to investigate unpaid taxes of foreign shipping lines

BIR asked to investigate unpaid taxes of foreign shipping lines

Aug. 19 | The Department of Trade and Industry (DTI) will call on the Bureau of Internal Revenue (BIR) to look into possible unpaid taxes of foreign shipping lines arising from local charges they levied in the Philippines. Amid growing concerns in the business...

PCC asked to probe international shipping lines’ alleged overcharging

PCC asked to probe international shipping lines’ alleged overcharging

Jul. 30 | The Department of Trade and Industry (DTI) is requesting the Philippine Competition Commission (PCC) to look into alleged excessive and unreasonable charges imposed by foreign shipping lines on Filipino importers and exporters amid growing concerns in...

PCC oks Chelsea acquisition of KGLI, but voids Trans-Asia takeover

PCC oks Chelsea acquisition of KGLI, but voids Trans-Asia takeover

Jul. 4 | The Philippine Competition Commission (PCC) has cleared Chelsea Logistics Holdings Corp’s (CLHC) acquisition of KGLI-NM Holdings, Inc., which controls the 2Go Group, Inc., but nullified CLHC’s acquisition of Trans-Asia Shipping Lines, Inc. PCC in...

Udenna takeover of 2Go stakeholder gets PCC clearance

Udenna takeover of 2Go stakeholder gets PCC clearance

May. 8 | The Philippine Competition Commission (PCC) has approved the acquisition by Udenna Corporation (Udenna) of all outstanding capital stock of KGL Investment B.V. (KGLI-BV), which has minor effective ownership of 2Go Group, Inc. This, after Udenna and KGLI-BV...
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