• Massive infrastructure building program to boost Philippines GDP

    The Philippines is moving ahead with a huge infrastructure development program, which is aiming to dramatically improve the country’s airports, seaports, railways, subways, roads and bridges. The ambitious initiative includes a US$180 billion investment on 75 “big ticket” infrastructure projects across the 7641-island nation of 106 million people. If successful, the building program will see […]

    Fwd News 0 Comments 5 days ago
  • Laos plays catch up as new road and rail links open

    For many years, Laos lagged behind its South East Asian neighbours in terms of building essential infrastructure and expanding its regional and global trade. Poor road and rail connections stymied any significant investment by manufacturers in the country as the cost of moving goods to market were prohibitively high. Now, the country is accelerating its […]

    Fwd News 0 Comments 4 weeks ago
  • Trade war and fuel trigger Hong Kong airfreight rise

    Airfreight rates out of Hong Kong are on the rise, with volumes increasing towards the start to the summer peak season, and new carrier fuel surcharges commencing on 1 May. A soft start to the year for global air cargo saw first-quarter volumes at Hong Kong International Airport (HKIA) dropping 5.4% to 1.1 million tonnes. […]

    Fwd News 0 Comments 2 months ago
  • India’s ‘Act East’ policy spurs port sector growth

    As India’s transformative journey towards becoming a major trading nation continues, the country’s traditional focus on trade with the West including Europe, the US and the Middle East has now shifted to China and South East Asia. India’s Prime Minister Narendra Modi has promoted ‘Act East’ to encourage more trade and business with its Asian […]

    Fwd News 0 Comments 2 months ago
  • Power challenges slowing Eurasian rail reefer growth

    Despite growing demand from shippers in Europe and China to increase reefer capacity on the Eurasian rail freight routes, there are still technical and cost issues slowing the deployment of temperature-controlled containers. The main issue is the cost of installing new technology and engineering components to trains on the long-haul route. Diesel-electric reefers, commonly used […]

    Fwd News 0 Comments 3 months ago
  • Cambodia trade growth spurs cargo boom

    Cambodia has enjoyed strong trade growth in recent years, investing in transport and logistics infrastructure a top priority for long-term development. The economy expanded by 7.3% in 2018, pegging it as one of the fastest-growing in ASEAN (Association of Southeast Asian Nations). Exports rose by 16.3%, while imports increased by 22%, and this was reflected […]

    Fwd News 0 Comments 3 months ago
  • LNG set to boost Eurasian rail freight volumes

    Rail freight between China and Europe is set to double during the next decade as China’s Belt and Road initiative connects the country’s Western Provinces to the transcontinental network, according to Juergen Trojak, a leading Swiss rail engineering expert. In a broad initiative, China’s Government is planning to connect Sichuan, Yunnan, Guizhou, Chongqing, Shaanxi, Ningxia, […]

    Fwd News 0 Comments April 17, 2019
  • Bangladesh implements safety initiatives for garment sector

    Following decades of problems at garment factories in Bangladesh and increased scrutiny of standards by fashion brand buyers, the world’s second largest apparel exporter after China has implemented a nationwide program to upgrade fire and safety standards at garment factories. Siddiqur Rahman, President of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) told Forward with Toll […]

    Fwd News 0 Comments April 3, 2019
  • New carrier spices up India’s air cargo sector

    India’s air cargo market has received some much-needed uplift following the introduction of the country’s first freighter fleet operated by a scheduled domestic airline. In September, low-cost carrier SpiceJet launched dedicated cargo business SpiceXpress with its first Boeing 737-700 freighter. Three additional 737s are due in 2019, which the carrier said would boost its total […]

    Fwd News 0 Comments March 21, 2019
  • India threatens retaliatory trade tariffs against US

    India is considering taking the US to the World Trade Organization (WTO), following Washington’s decision to withdraw from the bi-lateral Generalized System of Preferences (GSP) agreement between the two countries. GSP is a US trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 4800 products […]

    Fwd News 0 Comments March 14, 2019
  • Indonesia infrastructure investment aimed at reducing logistics costs

    During the last five years, Indonesia has invested heavily in infrastructure designed to bring down the comparatively high logistics costs that hamper businesses across the vast archipelago nation of 17,000 islands. The government’s Sea Toll Road program, for example, set out to revamp Indonesia’s ageing and inefficient maritime infrastructure, including the construction of up to […]

    Fwd News 0 Comments March 14, 2019
  • Bilateral airfreight deal boost for Bangladesh garments

    A new route has been launched to ensure quicker airfreight shipments of finished apparel goods to the European Union from Bangladesh. Export garments can now be trucked from Dhaka to Kolkata International Airport in India for onward shipment. The program was launched because of a shortage of equipment, lift and storage at Dhaka Hazrat Shahjalal […]

    Fwd News 0 Comments March 7, 2019