THE Bureau of Customs (BOC) last week apprehended four container vans at the Manila International Container Port containing appliances and other accessories misdeclared as…
June 21, 2010
1 minute read
South Luzon toll fee to jump 250% by month’s end; decision questioned
THE Toll Regulatory Board (TRB) has approved the application of South Luzon Tollway Corp (SLTC), operator of the South Luzon Expressway (SLEx), to increase…
June 21, 2010
1 minute read
Balance of export fund sought
EXPORTERS and their support service operators are asking the incoming administration to release the balance of the export support fund (ESF), saying the export…
June 16, 2010
2 minute read
Decreasing tariffs stumbling block to meeting revenue goals
CUSTOMS commissioner Napoleon Morales cautioned the Development Budget Coordination Committee (DBCC) from assigning steep collection targets, saying this may not be achieveable because tariffs…
June 16, 2010
1 minute read
April exports up 27%
PHILIPPINE exports in April grew but at a slower pace compared to previous months. April exports increased 27.4% to $3.573 billion from $2.804 billion…
June 14, 2010
1 minute read
Road connecting NLEX with Skyway gets green light
THE Department of Public Works and Highways (DPWH) has accepted the unsolicited offer for a P17-billion road connector between the North Luzon Expressway (NLEx)…
June 9, 2010
1 minute read
Warehouse operators take wait-and-see attitude toward new administration
WAREHOUSE operators have high hopes for the incoming government but are holding off the celebration party for the industry. The operators said while the…
June 9, 2010
2 minute read
BOC exceeds May collection goal
THE Bureau of Customs (BOC) surpassed its May collection target by at least P300 million, thanks to strong import volumes. Based on preliminary figures,…
June 7, 2010
1 minute read
PEZA investments soar 68% in first five months of the year
THE Philippine Economic Zone Authority (PEZA) saw investments in its economic zones grow 68% in the first five months of the year on the…
June 7, 2010
1 minute read
BOC firm on ‘no PSB accreditation, no BOC accreditation’ policy
THE Bureau of Customs (BOC) will soon sign a memorandum of agreement with the Philippine Shippers’ Bureau (PSB) designed to eliminate fly-by-night freight forwarders.…
June 7, 2010
1 minute read
BOC’s e2m to cover more ports this month and next
BEGINNING June 21, 2010, the Bureau of Customs (BOC) will apply its electronic-to-mobile/import assessment system (e2m/IAS) to the sub-ports of North Harbor, Manila Domestic…
June 2, 2010
1 minute read
BOC x-ray team gets a pat on the back
At the third anniversary of the X-ray Inspection Project (XIP), Morales congratulated the XIP team for pulling the project off and ensuring its smooth…
June 2, 2010
1 minute read
Aboitiz Transport keeps positive outlook for 2010
ABOITIZ Transport System (ATS) is bullish on all its business ventures given the recovering global economy. “Business is good right now,” ATS chairman Jon…
May 31, 2010
2 minute read
March imports surge 39%
PHILIPPINE imports rose 38.9% in March to $4.543 billion from $3.270 billion in the same month last year on the back of a recovering…
May 31, 2010
2 minute read
If it can’t get controlling share
Metro Pacific wants out of North Harbor venture METRO Pacific Investments Corp (MPIC), the local unit of Hong Kong’s First Pacific Co, is looking…
May 31, 2010
2 minute read
Customs worries over poor collection of 5 ‘billionaire ports’
THE Bureau of Customs (BOC) is uneasy over the performance of its key collection districts even if overall targets for April and for the…
May 26, 2010
2 minute read
SLEX toll to rise 250% by June 16
THE new private operator of the South Luzon Expressway (SLEX) is increasing its toll fees by about P250% starting June 16. South Luzon Tollway…
May 26, 2010
1 minute read
INS’ DA import clearance system launch set next month
VALUE-ADDED service provider InterCommerce Network Service (INS) is launching its electronic import clearance system with the Department of Agriculture (DA) on June 23, coinciding…
May 24, 2010
1 minute read
Mercury Freight sees brighter business with new government
MERCURY Freight Int’l Inc (MFII) is optimistic that the entry of a new administration will bring more opportunities for the transport industry. The economic…
May 24, 2010
2 minute read
Incoming BOC chief faces gargantuan task
THE customs commissioner of the incoming administration will have a tough time meeting revenue targets given the current economic conditions, according to outgoing Customs…
