PH forwarders need pre-approval for e-CCM submission beyond BOC office hours
Philippine freight forwarders must file a request with the appropriate port deputy collector for operations when they submit electronic consolidated cargo manifests (e-CCM) past…
UPS beats expectations as TNT gets boost from SMEs
Atlanta-based United Parcel Service (UPS) has announced second quarter 2015 diluted earnings per share (EPS) of US$1.35, a 12% increase from adjusted results for…
Foreign lines see co-loading law sharpening PH export edge
The newly signed Foreign Ships Co-loading Act will lower shipping costs and improve the country’s export competitiveness, according to the Association of International Shipping…
Private and public stakeholders expressed support for the newly signed Foreign Ships Co-loading Act, saying the new law will promote healthy competition, more competitive…
Logistics sector scales back expectations for the next 6 months
The logistics industry is not quite happy about prospects in the next six months, particularly for airfreight, according to Transport Intelligence’s (Ti) “Logistics Confidence…
Customs revises stuffing inspection policy for PH exports
The Bureau of Customs (BOC) has issued an order that identifies export shipments where stuffing inspection must still be conducted. Customs Memorandum Order (CMO)…
Aquino signs into law Co-Loading, Competition Acts
President Benigno Aquino III on July 21 signed two landmark legislation – the Foreign Ships Co-Loading Act and the Philippine Competition Act, the latter…
ASEAN integration requires liberalization of PH maritime industry — gov’t study
The Philippine government needs to implement reforms geared toward a more liberalized and competitive maritime industry to realize the benefits from the Association of…
Philippine Economic Zone Authority (PEZA) enterprises are no longer required to secure a load port survey (LPS) for their bulk and break-bulk shipments. Under…
DTI orders release of import commodity clearance within 3 days
Import commodity clearances (ICCs) must be issued to Philippine importers and traders within three working days of filing to ensure ease in doing business…
P959M General Santos aerotropolis to put Mindanao on world map
The proposed P959-million General Santos City Airport Industrial Complex will position Region 12 as a major international gateway or aerotropolis in Mindanao, according to…
PH factory output deflates but business sentiment still high
Weak global demand and the prolonged dry spell from the El Niño phenomenon pulled down Philippine manufacturing production in May 2015, according to the…
PH importers, brokers with expired provisional clearance need to re-apply – BIR
Philippine importers and customs brokers issued provisional clearance by the Bureau of Internal Revenue (BIR) but were not able to comply with the submission…
BOC slashes penalties for late submission of sea manifests
The Bureau of Customs (BOC) has reduced penalties for late submission of sea manifests in response to a long-standing request by the shipping industry.…
BOC to strictly enforce penalties on use of generic import description
The Bureau of Customs (BOC) has issued a memo reiterating its mandatory order for importers and customs brokers to properly describe imported goods or…
