Customs Commissioner John Phillip Sevilla identified five priorities for the country’s second largest revenue-generating agency for 2015 even as he let on last year’s biggest…
PH Customs chief sets 2015 goals, cites disappointments
The Latest
DOTC gets 8th biggest budget share for 2015 with P48.9B allotment
The Department of Transportation and Communications (DOTC) was allocated P48.9 billion, or 1.9% of the total national budget for 2015, making it eighth among…
CAB set to remove PH airline fuel surcharge this year
The Civil Aeronautics Board (CAB) plans to scrap the fuel surcharge on domestic and international flights this year to lower the cost of passenger fare…
Vietnam registers strong merchandise trade in January-November 2014
From January to November of 2014, Vietnam’s trade-in-goods totaled US$271 billion in value, 12.7% higher than the corresponding period of 2013, according to statistics…
Singapore’s GDP slows to 1.5% in Q4 as productivity stagnates
The economy of Singapore grew by 1.5% year-on-year in the fourth quarter of 2014 compared to 2.8% in the previous quarter, according to the…
2015 forecast to see further halting growth in economy, shipping
The year 2015 is expected to build upon the fragile economic recovery made in 2014 and continue to see stronger box shipping demand on…
Asia airfreight volumes, yields get lift from US port congestion
November 2014 posted good air cargo volume growth of 4.3% with the Asia-U.S. market proving to be the biggest contributor to the stronger traffic,…
BOC accredits more than 11,000 importers
As of December 11, a total of 11,040 Philippine importers have been accredited by the Bureau of Customs (BOC). Combined with the 1,277 customs…
PEZA locators now exempt from BOC accreditation
Philippine Economic Zone Authority (PEZA) locators that import goods need no longer apply for accreditation with the Bureau of Customs (BOC), although they still…
MARINA sets up permanent fast lane for vessel import permits
The Maritime Industry Authority (MARINA) has made permanent its special processing window/express lane (SPWEL) to speed up processing of permits for vessel imports and…
BOC’s revenue collection swells to P350B but still behind target
Revenue collection by the Bureau of Customs (BOC) from January to November 2014 grew at double-digit levels, hitting P331.171 billion, up 17.8% from P281.13…
DOTC to concentrate on railway next after ‘banner year’ of aviation success
With 2014 a “banner year” in the country’s aviation sector, the Department of Transportation and Communications (DOTC) said it plans to shift its focus…
New China-Manila feeder service makes first call at South Harbor
Hong Kong-based carrier Macrocean International Shipping Ltd. has started a new China-Manila weekly service, bolstered by optimism over the growing trade between the two…
BOC issues rules for processing importers’ VAT refund claims
The Bureau of Customs (BOC) will allot more than P6 billion of its 2014 appropriations to pay claims for value-added tax (VAT) refund on…
Outlook for PH electronic exports rosy despite port congestion
Despite the protracted Manila port congestion, the Semiconductor and Electronics Industries in the Philippines (SEIPI) upgraded its forecast for 2014 as global demand for…
Third runway at NAIA not worth the trouble to build, says foreign expert
The Department of Transportation and Communications (DOTC) is reconsidering the planned construction of a third runway at the Ninoy Aquino International Airport (NAIA) after…
CY staff to carry bigger IDs to discourage bribery
Container depots will issue their personnel bigger identification cards next year for easier identification of those demanding grease money. Confederation of Truckers Association of…
ADB lowers 2014 outlook for PH, retains 2015 forecast
The Asian Development Bank (ADB) has downgraded its 2014 economic outlook for the Philippines to 6% from 6.2% due to the country’s slow growth…
Transport Summit 2014 Presentation: “Truck Ban: Counting the Economic Cost”
Presentation of Henry Schumacher, vice presidnt for External Affairs of the European Chamber of Commerce of the Philippines, entitled “Truck Ban: Counting the Economic…
Transport Summit 2014 Presentation: Cargo Transport Prospects
Presentation by National Economic and Development Authority Deputy Director-General Dr Emmanuel F. Esguerra entitled “Cargo Transport Prospects Amid Economic Growth” at the PISFA-PortCalls Transport Summit…
