Philippine importers and customs brokers issued provisional clearance by the Bureau of Internal Revenue (BIR) but were not able to comply with the submission…
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BOC won’t require DOH product certification for imported school supplies
For now, Philippine importers bringing in do-it-yourself (DIY) and hobby items, particularly those used in schools, need not present to the Bureau of Customs…
Evergreen orders 10 box ships for intra-Asia service
Taiwan’s container shipping company Evergreen Line has confirmed it made an order for ten 2,800-TEU box ships from two shipyards as part of a…
NCR, Eastern Visayas lead in PH domestic trade
Domestic trade transactions in the Philippines dropped 2.4% to 5.01 million tons first quarter of 2015 from 5.13 million tons in the same period…
Singapore leads ASEAN investments in Vietnam
Countries in the Association of Southeast Asian Nations (ASEAN) have shelled out US$54.6 billion to fund their investments in 2,632 projects in Vietnam as…
Drewry reverses forecast: container shipping now lucky to break even
A toxic mixture of overcapacity, weak demand, and a fierce price war is threatening the profitability of the liner shipping industry for the rest…
G6 Alliance voids 4 sailings on Asia-Europe lane
The G6 Alliance is cancelling four sailings between Asia and Europe from July to August “in response to changes in market demand,” as the…
BOC slashes penalties for late submission of sea manifests
The Bureau of Customs (BOC) has reduced penalties for late submission of sea manifests in response to a long-standing request by the shipping industry.…
PH solon demands probe of domestic ships after Ormoc tragedy
Senator Paolo Benigno Aquino IV is urging the Upper House to look into the seaworthiness of domestic vessels following the recent sea mishap involving…
BOC foils smuggle of P10M worth of imported staples, smokes
The Bureau of Customs (BOC) has seized around P10 million worth of imported sugar, rice, and cigarettes brought illegally through the Port of Zamboanga.…
BOC to strictly enforce penalties on use of generic import description
The Bureau of Customs (BOC) has issued a memo reiterating its mandatory order for importers and customs brokers to properly describe imported goods or…
NEDA proposes steps to defuse berthing tensions in Iloilo port
National Economic and Development Authority (NEDA) Region VI has recommended several measures the Philippine Ports Authority (PPA) can take to resolve berthing issues at…
Issue on payment of accreditation fee by PEZA firms cleared up
The activation fee required to become an accredited Philippine Economic Zone Authority (PEZA) locator should be collected on a per profile basis, the Bureau…
Busan Port booms, Kaohsiung seeks operators of new ULCV berths
Container traffic at South Korea’s Busan Port increased 3.7% to 1.63 million twenty-foot equivalent units (TEUs) in May, the growth largely fueled by expanding transshipments,…
GLY Integrated opens empties depot in Cavite
A nine-hectare container yard in Kawit, Cavite has recently opened to accommodate storage of empty containers going to or coming from the south of…
PH Customs to purchase server to relieve e2m glitches
Customs Commissioner Alberto Lina has approved the emergency purchase of another server for the Bureau of Customs’ (BOC) electronic-to-mobile (e2m) system to address frequent…
Wanted: Customs MISTG deputy commissioner
The Bureau of Customs (BOC) is looking for a deputy commissioner for its Management Information Systems Technology Group (MISTG), a position vacant for more…
Indonesia lowers GDP growth outlook as global trade slows
The Indonesian government has shaved some points off its 2015 economic growth target in response to the downward revision in the estimates for global…
Lina, two other ex-BOC officials charged with plunder
Customs Commissioner Alberto Lina as well as two former customs officials is facing charges of plunder and graft for cancelling a P650-million deal on…
Malaysia’s May exports decelerated 6.7%
Exports of Malaysia in May contracted in value 6.7% to MYR60.5 billion (US$15.9 billion) year-over-year, the decline attributed to weaker exports to Japan and…