Latest news on economy impacting shipping and logistics
BOC exceeds 2023 collection target by 1.09%
The Bureau of Customs exceeded its 2023 collection target by 1.09% The…
January 8, 2024
2 minute read
DA seeks preferential tariff for banana exports to Japan
The Department of Agriculture is seeking preferential tariff rate for Philippine banana…
January 8, 2024
3 minute read
DOTr targets Feb approval of Cebu international port
The Department of Transportation is eyeing a February approval of the New…
January 6, 2024
2 minute read
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
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