P20B revenue eyed from fuel marking program in 2020—DOF

The Department of Finance (DOF) expects to collect P20 billion in revenues in 2020 with the full implementation of the fuel marking system next…

PH fuel marking program implementing rules released

The Bureau of Customs (BOC) has finally released implementing rules for its fuel marking program, which mandates marking and testing of petroleum products under…

Implementation of fuel marking program starts

The Department of Finance (DOF), Bureau of Customs (BOC), and Bureau of Internal Revenue (BIR) conducted August 2 the first live marking of petroleum…

BOC collects P6.5B from rice import duties

Since the Rice Liberalization Act took effect in March this year, the Bureau of Customs (BOC) has collected some P6.5 billion in duties from…

JAO regulating foreign carriers’ charges out in a week or two—DTI chief

The joint administrative order (JAO) that will regulate local charges imposed by international shipping lines servicing the Philippines will be out in one or…

2 fake customs brokers, including ex BOC depcom, arrested for extortion

Two individuals posing as customs brokers and suspected of extorting money from stakeholders in exchange for release of shipments were arrested in a joint…

PDEA to use TradeNet to process 6 firms’ export permits

The Philippine Drug Enforcement Agency (PDEA) will start processing online special export permits of an initial six private firms under the government’s web-based trading…

Inter-agency order to address high shipping costs, port congestion in PH

Several Philippine government agencies are targeting to issue a joint administrative order (JAO) on February 14 that would contain measures aimed at addressing high…