FOLLOWING vehement opposition from shippers, the Bureau of Customs has deferred implementation of the advance inward foreign manifest ruling. Customs Commissioner Napoleon Morales told…
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Conflicting PEZA Rules for Customs Brokers
The proposed amendments to RA 9280 (The Customs Brokers Act of 2004) are still pending in Congress, hopefully to be deliberated and passed by…
Customs Voluntary Disclosure Program (VDP)
THE draft rules on the customs Voluntary Disclosure Program (VDP) are reportedly being finalized and should be issued in the coming weeks. The VDP…
Intensified BIMP-EAGA collaboration eyed
MEMBER countries of the BIMP-EAGA region have agreed to intensify collaboration in customs, immigration, quarantine and security services to help speed up sub-regional trade…
No corporate TINs, Customs insists
BROKERAGE houses and freight forwarding companies expecting to transact with the Bureau of Customs (BOC) using their corporate tax identification number (TIN) under Republic…
AusAID increases security grant
THE Australian Agency for International Development (AusAID) has extended its grant to the Department of Transportation and Communications (DOTC) for the implementation of the…
PPA’s P2-B bond float gets green light from Malacañang
PRESIDENT Arroyo has approved the Philippine Ports Authority (PPA) plan to float P2 billion in bonds after the May elections, according to PPA general…
Immunity routes for trucks soon to be implemented
AFTER slashing the export wharfage fee, the government is set to implement immunity routes for trucks in major cities and nearby provinces to ease…
Subic port privatization on track, says SBMA chief
THE Subic Bay Metropolitan Authority (SBMA) is confident it can hand over management and operation of Subic port to a private operator as scheduled…
Aboitiz logistics companies merge
SHAREHOLDERS of Aboitiz One, Inc. (Aone) have approved the company’s merger with wholly-owned subsidiary Aboitiz Logistics, Inc. (ALI) whereby Aone will be the surviving…
ICTSI bags Ecuador port operations contract
TWO months after announcing its interest in operating another port in South America, port operator International Container Terminal Services, Inc. (ICTSI) has landed a…
Clark set to inaugurate $10M radars
CLARK International Airport Corp. (CIAC) is set to inaugurate this month two state-of- the-art radars for the Diosdado Macapagal International Airport (DMIA) amounting to…
Nenaco revenues up, but net income down for Jan-Feb
DEBT-saddled shipping firm Negros Navigation (Nenaco) posted positive revenues for the first two months of the year propelled by the sale of two ageing…
NCC convinced one operator good for North Harbor port?
THE single-operator scheme being proposed by the Philippine Ports Authority (PPA) in the privatization of the North Harbor gained ground after the National Competitiveness…
Task force eyed to regulate int’l carriers’ ‘hidden’ fees
THE Philippine Ports Authority (PPA) is seeking an audience with the Department of Trade and Industry (DTI) to push for the creation of an…
Customs Demand Letters
IN recent months, many importers have been receiving demand letters from the Liquidation and Billing Division (LBD) of the various ports for payment of…
2006 imports up 8.7%
IMPORTS for the whole of 2006 grew 8.7% to $51.52 billion even with a 1.3% decrease last December, according to the National Statistics Office…
More transport projects up DOTC’s sleeve
THE Department of Transportation and Communications (DOTC) has taken significant steps to achieve faster, more economical and more efficient maritime transportation of goods and…
Refleeting takes a backseat at Magsaysay Maritime Corp
VESSEL operator Magsaysay Maritime Corp. (MMC) is taking a wait-and-see attitude on fleet modernization. MMC, the owner and operator of cargo carriers Lorenzo Shipping…
12-hour manifest rule faces implementation delays
THE implementation of the 12-hour advance inward foreign manifest requirement may be moved further as other projects vital to its enforcement have yet to…