THE Bureau of Customs (BOC) is looking at including collectibles from other government agencies in its financial report to ensure the bureau meets its…
January 2, 2008
1 minute read
Customs eyes higher import tariff to offset foreign exchange losses
THE Bureau of Customs (BOC) is proposing to increase the tariff on imported products to 5% to help the bureau plug collection loopholes estimated…
December 3, 2007
2 minute read
Petrolift IPO gets green light
THE Philippine Stock Exchange (PSE) has approved the proposed initial public offering (IPO) of Petrolift next month to support the company’s tanker refleeting program.…
December 3, 2007
1 minute read
VASP registration for corporations must be allowed
BROKERAGE houses and freight forwarding firms must be allowed to register with any of the Bureau of Customs (BOC)-accredited value-added service providers (VASPs), contrary…
December 3, 2007
2 minute read
Most cargo stats increase in first nine months
THE country posted its second consecutive increase in cargo throughput this year propelled by a more active foreign trade. Cargo volume for the first…
December 3, 2007
2 minute read
BOC adjusts collection target for last quarter
THE Bureau of Customs (BOC) has revised upward its collection target for the last three months of the year to make up for the…
October 1, 2007
1 minute read
Customs eyes oil inventory system
THE Bureau of Customs (BOC) will establish an oil inventory system to monitor movement of oil in smuggling hotspots Subic, Batangas and Manila, a…
October 1, 2007
1 minute read
Imports up 4.1% from Jan to July
TOTAL Philippine imports for the first seven months of the year increased 4.1% to $30.355 billion from $29.160 billion, according to the National Statistics…
October 1, 2007
2 minute read
RA 9280 amendments hit snag at the Senate
THE refiling of amendments to Republic Act 9280 or the Customs Brokers Act of 2004 at the Senate has encountered a hitch. This after…
October 1, 2007
2 minute read
Advance manifest implementation nears with second VASP
THE Bureau of Customs (BOC) is set to accredit a second value-added service provider (VASP) in the next few days, the missing piece in…
September 3, 2007
2 minute read
Rule on truck impounding stays, says Customs chief
THE Bureau of Customs (BOC) shot down proposals of the Confederation of Truckers Association of the Philippines (CTAP) to immediately release trucks being investigated…
August 1, 2007
1 minute read
First VASP accreditation still awaited
THE accreditation of the first Bureau of Customs (BOC) value-added service provider (VASP) continues to hang with the service level undertaking (SLU) still unsigned…
July 2, 2007
2 minute read
BOC recommends 80% cut in container security fee
CUSTOMS Commissioner Napoleon Morales has recommended an 80% reduction in the container security fee (CSF) as proposed by the technical working group (TWG) which…
FOLLOWING vehement opposition from shippers, the Bureau of Customs has deferred implementation of the advance inward foreign manifest ruling. Customs Commissioner Napoleon Morales told…
June 4, 2007
1 minute read
Intensified BIMP-EAGA collaboration eyed
MEMBER countries of the BIMP-EAGA region have agreed to intensify collaboration in customs, immigration, quarantine and security services to help speed up sub-regional trade…
May 2, 2007
1 minute read
No corporate TINs, Customs insists
BROKERAGE houses and freight forwarding companies expecting to transact with the Bureau of Customs (BOC) using their corporate tax identification number (TIN) under Republic…
May 2, 2007
2 minute read
2006 imports up 8.7%
IMPORTS for the whole of 2006 grew 8.7% to $51.52 billion even with a 1.3% decrease last December, according to the National Statistics Office…
March 5, 2007
1 minute read
More transport projects up DOTC’s sleeve
THE Department of Transportation and Communications (DOTC) has taken significant steps to achieve faster, more economical and more efficient maritime transportation of goods and…
March 5, 2007
2 minute read
12-hour manifest rule faces implementation delays
THE implementation of the 12-hour advance inward foreign manifest requirement may be moved further as other projects vital to its enforcement have yet to…
March 5, 2007
2 minute read
Conflicting provisions may stump Batangas privatization program
THE cargo-handling provisions under phase I of the Batangas Port project may hinder the second phase of the port’s planned privatization this year. Philippine…
