Duterte proxy officially takes over reins of Subic Freeport

Newly appointed chairman of Subic Bay Metropolitan Authority (SBMA) Martin Diño has…

World Bank: PH, VN shine brightest in developing East Asia

Growth in developing East Asia and Pacific is expected to remain resilient…

Thai-Lao passenger, cargo flight quotas increased

The Thai Cabinet has approved the Thai-Lao accord to increase the limits…

IMF forecasts sustained growth for developing Asia in 2016-17

Growth in emerging and developing Asia, particularly India, will continue to be…

Zim records net loss of $74M in Q2

Israel-based Zim Integrated Shipping Services Ltd. reported a loss of US$74 million…

Vietnam economy, FDI cool a little in first 9 months

The gross domestic product (GDP) of Vietnam grew 5.93% in the first nine…

S Korea plans $13B investment to modernize seaports by 2020

South Korea will inject KRW14.7 trillion (US$13.4 billion) to upgrade its seaport…

NAIA cargo volumes up 6%, Mactan-Cebu’s down 32% in 1H

The Philippines’ two main aviation gateways—Ninoy Aquino International Airport (NAIA) and Mactan-Cebu International…

PH transport agency gets specific on projects aimed at solving transport woes

The Department of Transportation (DOTr) said it needs an estimated initial budget…

$2.5M credit facility to spur Harbor Star expansion

Harbor Star Shipping Services, Inc. (HSSI) has signed a financing agreement for…