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Customs & Trade

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Latest news on customs and trade

Cathay sees 141.5% passenger surge, flat cargo volume

Cathay sees 141.5% passenger surge, flat cargo volume

Hong Kong’s flag-carrier had 57,982 passengers in May, up 141.5%, and revenue…
  • June 14, 2022
  • 3 minute read
Container rates tipped to fall 20-30% in H2

Container rates tipped to fall 20-30% in H2

S&P Global Market Intelligence expects 20-30% box rate dive to coincide with…
  • June 14, 2022
  • 3 minute read

Pampanga warehouses yield P129M counterfeit branded goods

Counterfeit merchandise seized included goods bearing Louis Vuitton and Paul Frank brands…
  • June 14, 2022
  • 2 minute read
cigarette customs valuation understanding

PH, Thailand sign deal to resolve cigarette customs valuation row

The bilateral understanding aims to resolve a long-standing trade dispute between the…
  • June 13, 2022
  • 3 minute read
US President Joe Biden to pursue ports upgrade

Biden to pursue ports upgrade, hits giant shipping lines

US President Joe Biden says he aims to keep the price of…
  • June 12, 2022
  • 3 minute read

PH exports first shipment of uncooked shrimps to Australia

Fisher Farms exported 20 full container loads of raw peeled and deveined…
  • June 11, 2022
  • 2 minute read

Global container prices up 5.4% in May 

Average global container prices rose 5.4% month-on-month But in China, average container…
  • June 10, 2022
  • 3 minute read
condemn forfeited goods

Forfeited goods worth P4.6M condemned by BOC-NAIA

Forfeited goods worth P4.6 million was recently condemned by BOC-NAIA  Condemned goods…
  • June 10, 2022
  • 2 minute read
Delay in meat imports

DA reinstates 90-day validity of import meat clearance

The validity of sanitary and phytosanitary import clearances for meat has been…
  • June 10, 2022
  • 2 minute read

April global air cargo demand shrinks

IATA says global air cargo demand fell 11.2% y-o-y in April Capacity…
  • June 9, 2022
  • 3 minute read