ADB lends $200M for PH infra project feasibility studies
The Philippines and the Asian Development Bank (ADB) have signed a loan agreement worth US$200 million in additional financing to the Philippine government to…
60M liters of fuel at Pilipinas Shell’s Mindanao facility marked
Pilipinas Shell Petroleum Corp.’s Northern Mindanao Import Facility in Cagayan de Oro became the first facility in Mindanao to undergo the government’s fuel marking…
Duterte suspends rice importation but won’t scrap tariffication
Philippine President Rodrigo Duterte has ordered the temporary suspension of rice importation during the local harvest season as a way to protect Filipino farmers…
The Philippine government said there is no directive yet from President Rodrigo Duterte to suspend the importation of rice. Finance Secretary Carlos Dominguez III…
Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels, lubricants, and petroleum products, has undertaken live fuel marking at its import terminal…
The Philippines and China have signed, among others, two bilateral documents on the conduct of feasibility studies for two big-ticket infrastructure projects and two…
PH geared to join ASEAN Single Window by Nov, says DOF
The Philippines is expected to join the Association of Southeast Asian Nations (ASEAN) Single Window (ASW) before yearend, its participation in the regional initiative…
Integration of SPS certificates into TradeNet ongoing
The Department of Finance (DOF) and Department of Information and Communications Technology (DICT) are working closely with the Department of Agriculture (DA) to integrate…
TradeNet interface with ASEAN Single Window still on in Nov despite snag: BOC
Testing of the Philippines’ interconnection to the Association of Southeast Asian Nations (ASEAN) Single Window (ASW) has been put on hold, but the Department…
The Philippines and China signed on August 29 an agreement for a US$219.78-million credit facility to fund the project management consultancy (PMC) for the…
BIR, BOC tasked to escalate drive vs illegal tobacco operations
Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to intensify their joint campaign against…
The Bureau of Customs (BOC) is looking to audit 200 companies under its second round of post-clearance audits starting August, according to assistant commissioner…
The Philippine government has finally released implementing guidelines for the fuel marking program designed to curb oil smuggling and plug revenue losses arising from…
CAAP, PPA and MIAA in top 7 of ‘billionaires’ club’ of GOCCs
Three transport agencies—Civil Aviation Authority of the Philippines (CAAP), Philippine Ports Authority (PPA), and Manila International Airport Authority (MIAA)—were among the top government-owned and…
Fake tobacco suppliers shift to producing counterfeit brands in PH
Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) to work with their counterparts in…
