The country's persistent port congestion stems less from empty containers than from thousands of overstaying laden boxes occupying valuable terminal space, according to the Association of International Shipping Lines (AISL), which is urging faster action from the Bureau of Customs (BOC).
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.
Philippine exporters are calling on the Bureau of Customs (BOC) to establish clear rules governing returned export shipments, warning that policy gaps are compounding losses from ongoing disruptions in Middle East and European trade routes.
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.
The Bureau of Customs is stepping up enforcement against abandoned and aging perishable shipments, warning importers that and consignees to immediately settle duties, complete requirements, and withdraw cargo or face delinquency proceedings.
DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.
Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.
Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.
The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.