Latest news on the shipping, logistics and cargo industry
BOC allows cashing in of VAT tax refund credits
Philippine firms may now monetize the outstanding value-added tax (VAT) tax credit…
December 23, 2015
1 minute read
Indonesia releases 3-pronged 8th stimulus package
The government of Indonesia unveiled on December 21 its eighth economic stimulus…
December 23, 2015
2 minute read
Box freight rates dipped to new lows in 2015, says report
Freight rates on the east-west trades experienced “devastation” this year, with new…
December 23, 2015
2 minute read
Deadline for bids to P19.7B Davao port upgrade extended anew
The Department of Transportation and Communications (DOTC) has again moved the deadline…
December 21, 2015
4 minute read
Vietnam-South Korea FTA takes effect
The Vietnam-South Korea Free Trade Agreement (VKFTA), which the two countries signed…
December 21, 2015
2 minute read
Robust Asia-US trade prevents sharper decline in global box traffic, report says
The trans-Pacific trade stood out in 2015 as one of the few…
December 21, 2015
2 minute read
Malaysia estimates 7.5% growth in box handling capacity
Malaysia’s ports are expected to see their container handling capacity this year…
December 21, 2015
2 minute read
World Bank retains growth forecast for Indonesia amid continued challenges
The World Bank has kept economic growth projections of 5.3% for Indonesia…
December 18, 2015
2 minute read
Thai logistics industry’s revenue to balloon to $96B in 2019—Frost & Sullivan
Thailand’s logistics sector stands to benefit from the country’s ambitious plans to…
December 18, 2015
2 minute read
Indonesia cuts dwell time, launches investor green lane at ports
The waiting period for containers at Tanjung Priok port in Jakarta, Indonesia,…
December 18, 2015
2 minute read
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