Government to scrap import duty on vehicles run by alternative fuel
THE Department of Energy (DOE) revealed that the National Economic and Development Authority Board has endorsed for approval to President Gloria Macapagal-Arroyo an executive…
January 4, 2006
1 minute read
New Customs chief’s vow
NAPOLEON MORALES has promised to strictly implement regulations and procedures and work hard to meet the 2006 collection target of the Bureau of Customs…
January 4, 2006
2 minute read
FPI proposes several measures to combat smuggling
FPI proposes several measures to combat smuggling THE Federation of Philippine Industries (FPI) has recommended the creation of an oversight committee on smuggling under…
November 7, 2005
2 minute read
2006-07 critical for business
2006-07 critical for business: PISFA chief THE next two years are the most critical for businesses in the country, according to the Philippine International…
November 7, 2005
1 minute read
Foreign-flagged lines carry most gov’t foreign trade
FOREIGN-FLAGGED lines continue to carry the bulk of the government’s international trade with local vessel operators unable to offer competitive rates, according to a…
October 5, 2005
2 minute read
NEDA Board approves P25.6B projects
THE National Economic and Development Authority (NEDA) Board recently approved P25.6 billion worth of projects on social and support services, transportation, energy, water resources…
September 5, 2005
3 minute read
RP-Taiwan economic corridor pushed
THE Manila Economic and Cultural Office (MECO) is pushing for the establishment of an RP-Taiwan economic corridor so that the Philippines can take a…
September 5, 2005
1 minute read
Businessmen, truckers, police renew drive against hijacking
The Chinese Chamber of Commerce and Industry (CCCI) and the Confederation of Truckers Association of the Philippines (CTAP) want to reimpose its earlier agreement…
August 1, 2005
2 minute read
Grain traders want road user’s tax amendment
THE Philippine Confederation of Grain Association (PhilConGrain) is urging government to amend Republic Act 8794 or the Road User’s Tax, particularly its sixth section.Section…
August 1, 2005
1 minute read
Semiconductor exports up 6.8% in May
SEMICONDUCTOR exports grew 6.8% to $1.55 billion in May, up from the $1.45 billion registered for the same period last year.Figures from the Semiconductor…
August 1, 2005
1 minute read
FPI wants import substitution
THE Federation of Philippine Industries (FPI) has proposed to President Gloria Macapagal-Arroyo the passage of a directive asking all government agencies and offices to…
August 1, 2005
1 minute read
Import tariff may be increased by one percentage point
THE Department of Finance (DOF) will increase import tariff across the board by one percentage point starting this month to cushion losses from delays…
August 1, 2005
1 minute read
BOC, US Customs sign deal on advance data transfer
THE Philippine Bureau of Customs (BOC) and the United States Customs are set to sign an agreement that will strengthen the anti-smuggling campaign of…
August 1, 2005
2 minute read
Gov’t urged to strictly enforce load limits
THE government was recently urged to strictly enforce provisions of Republic Act 8794 on the maximum permissible single-axle load limit to make roads safer…
July 4, 2005
2 minute read
RA 9280 CAO out this week?
CUSTOMS Commissioner Alberto Lina will reportedly sign this week the Customs Administrative Order (CAO) that will align customs procedures to provisions of Republic Act…
July 4, 2005
2 minute read
US still RP’s largest air traffic partner
THE United States was the country’s largest airfreight partner last year, accounting for 57.94 million kilograms (kg) or 23.93% of total international cargo traffic…
June 1, 2005
2 minute read
CTAP members to jack up rates by 20% this month
MEMBERS of the Confederation of Truckers Association of the Philippines (CTAP) are eyeing a 20% increase in trucking rates this month, CTAP president Rodolfo…
June 1, 2005
1 minute read
RP, Brunei deal cuts port tariffs by 50%
A common vessel tariff agreement inked recently by the Philippine Ports Authority (PPA) and the Ports Department of Brunei Darussalam reduced by at least…
May 2, 2005
2 minute read
BOC to consider more cargoes under green lane
THE Bureau of Customs (BOC) is enhancing its cargo selectivity scheme in order to facilitate clearance at the ports. At the recently concluded 3rd…
May 2, 2005
2 minute read
BOC limits post-entry audit time to within 24 hrs
THE Bureau of Customs (BOC) is strengthening its Post Entry Audit (PEA) Group to reduce audit processing time, said Customs commissioner Alberto Lina during…
