Corporate practice in customs brokerage to be allowed?

THE House of Representatives has amended Republic Act 9280 or the Customs Brokers Act of 2004 to allow corporate practice in the customs broker…

Export surcharge passed on to importing community

AN increase in import charges may be seen as early as the first two months of the year after warehouse and ground handling operators…

PRBCB goes after ÒerringÓ brokers, corporations

THE Professional Regulatory Board for Customs Brokers (PRBCB) is now actively pursuing violators of the law against corporate practice in the customs broker profession.…

Aug exports, imports register double-digit increases

TOTAL external trade in goods for January to August in 2006 reached $64.816 billion, up 13.3% from $57.224 billion during the same period a…

DMAP member companies see earlier-than-expected recovery

DISTRIBUTION managers expect full business recovery from typhoon Milenyo a month earlier than projected. “Business is recovering faster than projected. This is a good…

BOC to appeal decision on CAO 3-2006

THE Bureau of Customs (BOC) is set to appeal the decision of the lower court which voided Customs Administrative Order (CAO) 3-2006. CAO 3-2006…

DBP, 4 other banks to finance expansion of Manila-Cavite toll road

STATE-OWNED Development Bank of the Philippines (DBP) and four other private banks recently signed an omnibus loan agreement worth P3.5 billion with UEM-MARA Philippines…

Logistics sector content with order

WHILE the customs brokerage community is up in arms over Customs Administrative Order No (CAO) 3-2006-A, the new order drew praises from the logistics…

PCBAPI rally

In a related development, members of the Professional Customs Brokers Association of the Philippines, Inc. (PCBAPI) held two separate mass actions before the BOC…

Tantamount to amendment

CCBI in a statement said the BOC move to revise the earlier CAO (CAO No 3-2006) is against the law and tantamount to amending…

PRBCB, CCBI looking at legal remedies to "correct" CAO

THE Professional Regulatory Board for Customs Brokers (PRBCB) is contemplating on seeking administrative and legal remedies if the Bureau of Customs (BOC) does not…

PRBCB expresses optimism over resolution’s release this week

THE Professional Regulation Board for Customs Brokers (PRBCB) is optimistic it can release the resolution on the scope and limitation of the customs brokers’…

CCBI: Brokers, reps all set for CAO implementation

THE Chamber of Customs Brokers Inc.(CCBI) has expressed readiness for the full implementation of Republic Act 9280 or the Customs Brokers Act of 2004…

No deal yet on customs passes for forwarders

THE Customs Memorandum Order (CMO) providing for the issuance of customs passes to freight forwarders and their representatives continues to hang after talks between…

BOC May collection up 41%

THE Bureau of Customs (BOC) collected revenues of P17.2 billion in May, up 41% more than the P12.2 billion collected last year. The May…

BOC amenable to harsher smuggling penalties

THE Bureau of Customs is open to imposing stiffer penalties for smuggling, BOC lawyer Roberto Bauzon said during a meeting of the Senate ways…

February imports up 4.6%

HIGHER oil prices led the growth in Philippine imports in February, but purchases of electronic components used in manufacturing the country’s key exports slipped,…

Customs overshoots Q1 target

THE Bureau of Customs has exceeded its first-quarter collection goal by more than 5%, so far recording three consecutive months of such performance in…

CCBI: Brokers must maintain independence at all times

CUSTOMS brokers may not be hired as in-house brokers under Republic Act 9280 or the Customs Brokers Act of 2004, stressed the Chamber of…

DMAP: No price increases from members

DISTRIBUTION managers have no plans to increase prices just yet despite the imposition of the additional 2% value-added tax (VAT) earlier this month, the…