Philippine Customs Commissioner Isidro Lapeña has allowed the manual untagging of shipments at the Port of Manila and Manila International Container Port (MICP) that…
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ICTSI complies with conditions for purchase of MNHPI shares
International Container Terminal Services, Inc. (ICTSI) on October 30 has conformed to all conditions relating to the acquisition of 34.83% shares worth P1.75 billion…
Competition body oks Chelsea Logistics’ Starlite Ferries purchase
The Philippine Competition Commission (PCC) has approved Chelsea Logistics Holdings Corp.’s (CLHC) acquisition of Starlite Ferries, Inc. In decision number 29 M-036/2017 signed October…
BOC issues order on application of “square root rule” to red-tagged shipments
The Philippine Bureau of Customs (BOC) has provided new guidelines on the implementation of the square root rule for shipments with multiple containers that…
PH ranking in ease of doing business plummets
The Philippine government is reaffirming its commitment to accelerate reforms aiming to improve the ease of doing business as the country fell 14 places to…
DOF to BOC: Form anti-smuggling task forces at regional level
Philippine Finance Secretary Carlos Dominguez III has directed Customs Commissioner Isidro Lapeña to spearhead the creation of interagency task forces at the regional level…
P3.7B invested on continuous improvement works along north-south expressways
Metro Pacific Tollways Corporation (MPTC) is undertaking a P3.7-billion enhancement program to boost service capacity on its expressways in both North and South Luzon…
East Asia adopts 45 reforms to improve ease of doing business
Business reforms continued at speed in East Asia and Pacific, with regional economies adopting 45 reforms during the past year, bringing to 371 the…
Warning: Here Comes An Empowered Customs Audit Group
Malacañang has recently issued Executive Order (EO) No. 46 (dated October 20, 2017) entitled “Reviving the Post Clearance Audit Function of the Bureau of…
BOC-POM pilots status verification system for entry documents
Stakeholders of the Bureau of Customs (BOC) transacting with Port of Manila (POM) can now monitor the status of entry documents submitted to the…
Right infra needed to buttress growth of PH aviation
The Philippine aviation sector can realize its “tremendous” growth potential only if the right infrastructure support is in place, according to International Air Transportation…
PH carriers back call to remove stumbling blocks to aviation
Philippine carriers are fully endorsing recommendations initiated by the Association of Asia Pacific Airlines (AAPA) that call on governments to take down obstacles…
Joint BOC-BIR task force eyed in renewed anti-smuggling drive
The Department of Finance (DOF) has ordered its attached revenue-generating agencies, the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR), to tighten…
SMC’s proposed P700B airport hub in Bulacan up for NEDA Board decision
Conglomerate San Miguel Corporation’s (SMC) unsolicited proposal to build a P700-billion airport complex in Bulacan has been forwarded to the National Economic and Development…
PH freeport zone perks largely untapped—customs expert
Traders and investors are encouraged to take advantage of the trade benefits and cost savings in Freeport zones, especially those in Northern Luzon. International…
Why Enter Logistics?
The Lucio Tan group is the next conglomerate looking to grow their presence in the logistics industry. While it already operates several companies…
Better Financial Controls with Logistics ERP
In the freight and logistics business, the company’s ability to expertly manage its finances is a strong growth influencer. A watchful eye on financial…
BOC offices given 5 days to process client requests
Philippine Customs Commissioner Isidro Lapeña has set a mandatory response time for Bureau of Customs (BOC) officers to act on official communication in a…
PAGSS opens first e-AWB express kiosk in PH
Freight forwarders can now submit the electronic air waybill (e-AWB) via the first express kiosk to be established in the Philippines, allowing them to…
Task force to address PH infra process snags
An inter-agency task force has recently been created to initiate the development of policies and processes that will resolve bottlenecks and gaps in the…