Latest news on economy impacting shipping and logistics
PH cosmetics exporters to US urged to review FDA registration rules
Philippine exporters of cosmetics products to the US are advised to review…
January 6, 2024
2 minute read
Maersk diverts all vessels, Hapag-Lloyd introduces shuttle service in response to Red Sea risks
All Maersk vessels due to transit the Red Sea/Gulf of Aden will…
January 5, 2024
4 minute read
BOC implements updated excise taxes for alcohol, tobacco, cigarettes
The Bureau of Customs has started implementing updated excise taxes on alcohol,…
January 4, 2024
2 minute read
Higher storage charges after free period take effect Jan 6
A 32% hike in storage charges for foreign containerized cargoes after the…
January 2, 2024
4 minute read
PH manufacturing posts weakest growth in 3 months
The Philippine manufacturing sector in December posted its weakest growth in three…
January 2, 2024
2 minute read
BIR imposes 1% withholding tax on online sellers
The Bureau of Internal Revenue is imposing a 1% withholding tax on…
January 1, 2024
2 minute read
Shipping lines resume vessel transit through Red Sea
Maersk and CMA CGM are resuming vessel transit through the Red Sea…
December 29, 2023
3 minute read
500K MT imported rice expected amid El Niño threat
Almost 500,000 metric tons of imported rice will arrive in the Philippines…
December 28, 2023
3 minute read
MSC’s first service to Davao port starts
Mediterranean Shipping Co.’s first-ever service to Davao port recently called at Panabo,…
December 28, 2023
2 minute read
PEZA’s digital marketplace for Q1 2024 launch
The Philippine Economic Zone Authority eyes a first quarter 2024 launch for…
December 27, 2023
2 minute read
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