ASEAN firms stand to gain from trade war if they act now—trade and customs expert
The Philippines and other Association of Southeast Asian Nations (ASEAN) member-states could benefit from the ongoing trade war between China and the US, but…
Magsaysay group’s chief chooses clustering over federalism to drive regional growth
Instead of a shift to federalism, Doris Magsaysay-Ho, president and chief executive officer of the Magsaysay Group of Companies, recommends the creation of manufacturing…
BOC reissues order to form unit on tariff reduction availment under FTA
The Bureau of Customs (BOC) reiterated its directive to officials to establish, activate, or reconstitute a preferential rate unit (PRU) in their ports to…
BOC special unit to assess requests for preferential tariff
District, subport, and deputy collectors as well as assessment chiefs of the Bureau of Customs have been instructed to establish, activate, or reconstitute a…
More opportunities await customs brokers as supply chain practitioners
Customs brokers can expand their expertise by scaling up to become supply chain professionals, enabling them to provide value-added service to clients at the…
PH trade chief seeks stronger ASEAN stance against NTBs
Philippine Trade Secretary Ramon Lopez is calling on trade ministers from the Association of Southeast Asian Nations (ASEAN) to take measures to facilitate resolution…
Traditional Role of Customs Historically, customs administrations all over the world have served as state “gatekeepers”, taking jurisdiction on anything and everything that move…
Draft PH customs order on export cargo clearance for public review
The draft customs administrative order (CAO) that implements provisions of the Philippine Customs Modernization and Tariff Act (CMTA) governing export cargo clearance and issuance…
Use of customs broker services should be optional—WCO
The World Customs Organization (WCO) said customs brokers’ services should be made optional in keeping with provisions of the Revised Kyoto Convention, although in…
BOC puts on hold pilot test for e-processing of Certificate of Origin
The Bureau of Customs (BOC) has indefinitely suspended the trial run for the electronic process of issuing the Certificate of Origin (e-CO). Customs commissioner…
FTAs exert positive effect on box shipping, says Drewry
Free trade agreements (FTAs) like the latest Trans-Pacific Partnership (TPP) deal bolster not just trade among the partners but also the growth of container…