FINANCE Secretary Margarito Teves has signed a Customs Administrative Order (CAO) which allows the accreditation by the Bureau of Customs (BOC) of information validation…
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CTAP sees cutthroat competition in 2009
THE Confederation of Truckers Association of the Philippines (CTAP) expects cutthroat competition next year with even less cargo going around as a result of…
Sept imports up slightly
PHILIPPINE imports rose 1.9% in September to $9.302 billion from $9.133 billion last year, according to latest data from the National Statistics Office. Accounting…
ICTSI gets P7B loan
INTERNATIONAL Container Terminal Services, Inc (ICTSI) has secured a P7-billion loan to finance different port projects worldwide. The credit facility will also be used…
Cargo throughput down 7% in three first quarters
THE country’s cargo throughput for the first nine months of the year slumped 6.86% to 109.58 million metric tons (mmt) from 117.65 mmt in…
House Bill No. 5342: Customs and Trade Modernization Act
A BILL entitled “An Act to Prescribe the ‘Customs and Tariff Modernization Act of 2008’ and for other purposes” has recently been filed in…
Post-Entry Audit System
BEGINNING January of last year, the Bureau of Customs (BOC) has been aggressively implementing the Post Entry Audit (PEA) system. Since then, customs has…
Court stops auction of MGT
THE Bataan Regional Trial Court recently issued a writ of preliminary injunction stopping the public auction of certain properties located at the Mariveles Grains…
ICTSI inks Brunei port deal
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) has signed a Memorandum of Understanding (MOU) with the Brunei Economic Development Board (BEDB) formalizing its right to…
SBMA confident of growth despite difficult times
SUBIC Bay Metropolitan Authority (SBMA) is optimistic of attaining growth despite the global economic slowdown. This was the message of SBMA administrator Armand Arreza…
BOC NAIA requires consolidation electronic manifest submission
THE Bureau of Customs (BOC) is requiring the mandatory submission of electronic consolidation manifest at the Ninoy Aquino International Airport (NAIA) starting November 24.…
Single broker’s account adopted for payment of e-IP processing fees
CUSTOMS brokers servicing Philippine Economic Zone Authority (PEZA) locators may now use a single account to pay for PEZA import permit (IP) processing fees…
Truckers back out of plan to cut surcharges
THERE will be no early Christmas for North Harbor shippers. This after some members of the Integrated North Harbor Truckers Association (INHTA) backed out…
Damco gets new country manager, keeps targets
DAMCO, the logistics arm of the A.P. Moeller-Maersk Group, is confident it will maintain its over 25% annual revenue growth in the Philippines especially…
CDEC escalates integrated electronic manifest testing
BUREAU of Customs-accredited value-added service provider Cargo Data Exchange Center (CDEC) is testing its new system that will enable the integrated submission of shipping…
Revised AFTA Rules of Origin
THE continued deadlock in the World Trade Organization (WTO) negotiations has resulted in the rise of bilateral and regional Free Trade Agreements (FTAs) in…
Automated Clearance for Subic, Clark
IN recent years, the Philippine government has been aggressively promoting the development of Subic and Clark as an economic corridor for international trade especially…
Batangas scheduled to go live with import / export system
THE Bureau of Customs (BOC) will roll out the Import Assessment System (IAS) and electronic export lodgment at Batangas Port this week. “We are…
BOC: International shipping lines to pay for re-export of banned China products
INTERNATIONAL carriers will undertake the cost of re-exporting banned milk and milk products to China. This guarantees that no such shipments are loaded onto…
Box seal fee starts Oct 15
STARTING October 15, Philippine exporters to the US will pay an additional fee when they ship to the US. On that day, all loaded…
