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Startup Tips

Financial Adviser: 5 Ways to Succeed in the Logistics Business According to VCargo Founder Paulo Tibig

Once a delivery boy, Tibig now owns one of PH's fastest-growing logistics companies

Paulo Tibig had his first exposure in the logistics business when he worked as a part-time delivery boy for a custom brokerage company while taking up a business course in college.Tibig, who grew up in the province to attend college in the ...

by Henry Ong  | August 22, 2017 02:00:00
News and Events

New Rules on Balikbayan Boxes Take Effect Aug 1: What You Need to Know

The customs bureau requires more detailed lists and receipts for brand new items

At least five million Filipinos abroad send shipments of durable and consumable goods to their families back home every year, according to the Door-to-Door Consolidators Association of the Philippines (DDCAP). Mostly, these are contained in balikbayan boxes which are charged a fixed ...

by Elyssa Christine Lopez  | July 26, 2017 10:00:00
News and Events

Fast-Rising Davao Tycoon Dennis Uy Launches IPO for Logistics Firm

Duterte campaign donor emerges as major player in domestic cargo handling industry

UPDATED: Chelsea Logistics Cuts Final IPO Price By More than a Quarter to Php10.68Davao-based entrepreneur Dennis Uy’s Chelsea Logistics Corp. (CLC) has priced its initial public offering (IPO) at Php14.63 per share as it seeks to raise Php8 billion through the sale ...

by Elyssa Christine Lopez  | July 20, 2017 01:00:00
News and Events

Why Billionaire Ricky Razon is Worried About Donald Trump

Global port operator ICTSI’s net income tripled last year but could slow if global trade turns sluggish

American President Donald Trump’s protectionist moves constitute the biggest source of risk to global trade, said Philippine ports and casino magnate Enrique Razon in an interview with Bloomberg Television in Los Angeles on May 2.“The US has created the largest part of ...

by Pauline Macaraeg  | May 08, 2017 12:00:00
News and Events

Sending V-Day Gifts? Try These App-based Couriers

Five logistics startups aim to deliver your parcels within a day in Metro Manila

Whether it's flowers, chocolates or jewelry, nothing beats personally handing over your precious Valentine's Day gift to your object of affection.But if personal delivery is not an option, why not consider these app-based couriers that specialize in same-day delivery within Metro Manila?Many ...

by Pauline Macaraeg  | February 13, 2017 11:00:00
Run & Grow

How a Local Grocery Delivery Startup is Surviving Low Margins

While an Indonesian rival closed shop after only six months, the Philippines' MetroMart thrived by diversifying into new product lines

Metro Mart is currently available in Metro Manila and is looking to expand its operations to Cebu by the first quarter of 2017Local on-demand grocery delivery service MetroMart launched in February this year while Jakarta, Indonesia-based online grocer HappyFresh began commercial operations ...

by Elyssa Christine Lopez  | December 25, 2016 11:00:00
Run & Grow

What’s in a box?

Santiago Araneta of LBC Express plans to go global

A carton box was at the center of a national drama that played out on various media platforms late last year. The box would triumph in the end, with the customs chief issuing an apology, and the former president himself ordering a ...

by Devi de Veyra  | August 01, 2016 04:00:00