palestinian monetary authority News

Bacolodsilay Airport Expands Negros Islands Global Connectivity

Bacolod-Silay International Airport is a vital air gateway on Negros Island, Philippines. Opened in 2008, it features modern facilities and an advanced Instrument Landing System, accommodating aircraft like the Airbus A330. Primarily serving domestic routes, Cebu Pacific is a major operator. Managed by the Civil Aviation Authority of the Philippines, the airport aims to boost the local economy and provide convenient travel options for passengers. It plays a significant role in connecting the region to the rest of the Philippines.

09/26/2025 Airport Codes

EU Eases CBAM Rules for Small Importers

The Netherlands Emissions Authority has adjusted the EU Carbon Border Adjustment Mechanism (CBAM), significantly reducing the compliance burden for small importers. Importers with annual imports below 50 tons are exempt from reporting obligations, while those exceeding 50 tons can use EU default emission values. Importers should assess their import volumes, seek professional support, and prepare for the full implementation after the transitional period. This simplification aims to ease the initial adoption of CBAM for smaller businesses, ensuring a smoother transition to the new carbon regulation framework.

11/03/2025 Customs Knowledge

Panama Canal Eases Restrictions Amid Rainy Season

The Panama Canal has faced transit restrictions due to the dry season, impacting global shipping. As the rainy season approaches, the Panama Canal Authority is gradually easing these restrictions, anticipating a return to normal transit capacity. Future rainfall patterns and water resource management are crucial for the sustainable operation of the canal. The dry season has highlighted the canal's vulnerability to climate variability and the importance of adaptive strategies to maintain its role in global trade. Monitoring rainfall and implementing effective water conservation measures are essential.

11/03/2025 Logistics

Mobile Downtown Airport Emerges As Key General Aviation Hub

Mobile Downtown Airport (BFM) is a general aviation airport located in Mobile, Alabama, USA, operated by the Mobile Airport Authority. The airport features two runways and comprehensive facilities, primarily serving general aviation and military flights, while also offering a limited number of commercial flights. BFM plays a role as an alternate aviation station within the U.S. aviation system, providing crucial support for regional air transport and the growth of general aviation in the area. It is an important asset for the city of Mobile and the surrounding region.

09/26/2025 Airport Codes

Palestine Islamic Bank Emphasizes SWIFT Code Importance

This article introduces the SWIFT code PIBCPS22XXX of the Palestine Islamic Bank, highlighting its importance in international remittances. It provides relevant usage scenarios and precautions to assist customers in successfully completing cross-border financial transactions.