First e-ATA Carnet successfully processed

The International Chamber of Commerce (ICC) has confirmed the successful processing of the very first electronic version of the ATA Carnet, marking a major…

DTI eyes overhaul of seafreight forwarding rules

The Department of Trade and Industry (DTI) is looking at revising rules on sea freight forwarding, including imposing higher paid-up capital requirement for some…

BOC orders stringent observance of valuation, proper goods description

Customs commissioner Rey Leonardo Guerrero instructed Bureau of Customs (BOC) officials and employees to comply strictly with the basis for valuation and with the…

Customs chief wants stringent review of certificates of origin

Customs commissioner Rey Leonardo Guerrero has instructed concerned customs officials and personnel to strictly review all certificates of origin (COs) to ensure shipments availing…

No halt to rice importation, just stricter rules

The Philippines will not suspend importation of rice but will instead implement stricter measures—including pre-shipment inspection (PSI)—on the commodity’s entry into the country, clarified…

Seized goods hit P13B in first 10 months—BOC

From January to October this year the Bureau of Customs (BOC) has confiscated some P12.92 billion worth of smuggled goods, most of which were…

Duterte suspends rice importation but won’t scrap tariffication

Philippine President Rodrigo Duterte has ordered the temporary suspension of rice importation during the local harvest season as a way to protect Filipino farmers…

BOC: NVVS value a ‘reference’, not replacement for transaction value

There is no order instructing customs appraisers to favor value in the National Value Verification System (NVVS) over the transaction value, according to an…

PH export basket has remained underdeveloped for decades—report

The Philippines’ export basket barely improved from 1995 to 2014, but it still has the potential to evolve through structural transformation and increased productivity…

No suspension of rice importation yet

The Philippine government said there is no directive yet from President Rodrigo Duterte to suspend the importation of rice. Finance Secretary Carlos Dominguez III…

BOC Clark destroys smuggled cigarette-making machines

The Bureau of Customs (BOC) Port of Clark has destroyed several smuggled cigarette-manufacturing machines, fake cigarette master cases, and other packaging materials. Condemned on…

Chevron products fuel-marked at Batangas facility

Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels, lubricants, and petroleum products, has undertaken live fuel marking at its import terminal…

Aggrieved PH threatens retaliatory tariffs on Thai car imports

The Philippines is considering imposing tariffs on auto imports from Thailand in retaliation for the neighboring country’s non-compliance with a World Trade Organization (WTO)…

Joint drug bust nets shabu worth P6.8M

The Bureau of Customs (BOC), Philippine Drug Enforcement Agency (PDEA), Philippine National Police (PNP), and Manila International Airport Authority (MIAA) have apprehended the consignee…

PH set to dislodge China as world’s top rice importer

Philippine rice imports are projected to reach a record 3 million metric tons (MT) by year-end, making the country the top rice importer in…

BOC releases guidelines for submission of advance declaration to CTS

The Bureau of Customs (BOC) has issued operational guidelines on the submission by foreign carriers and their agents of the advance cargo declaration and…

BOC seizes shabu worth P40.8M at NAIA

The Bureau of Customs (BOC) has apprehended a passenger at Ninoy Aquino International Airport (NAIA) for attempting to smuggle into the country six kilograms…

PH exports, imports fall in Sept

Philippine merchandise trade hit its sixth consecutive month of decline in September 2019 as both imports and exports recorded decreases during the period, data…

Study cautions against ban, regulation of foreign shipping line surcharges

Instead of an outright ban or regulation of surcharges imposed by international shipping lines, the Philippine government should draft rules to monitor such surcharges,…

PH Sept manufacturing output down 10 months in a row

The Philippine manufacturing sector recorded decreases in both volume and value in September 2019, its 10th successive month of decline, according to the Philippine…