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.
Rising medical costs are putting more Filipinos at risk of a healthcare funding crunch, prompting Insular Life Assurance Co. Ltd. (InLife) to expand its health insurance offering for families seeking broader financial protection.
The Pasig River has long been a poster child for Metro Manila’s plastic problem. Now, scientists are asking residents to become part of the solution, one wrapper, bottle, and sachet at a time.
Prime Media Holdings Inc. has elected two seasoned lawyers as independent directors, strengthening its board with expertise in governance, constitutional law, litigation, and public policy.
Public and private sector leaders are pushing for a stronger pipeline of public-private partnership (PPP) projects in Central Visayas, as local governments seek to accelerate infrastructure delivery under the Philippine PPP Code.