BIR asked to investigate unpaid taxes of foreign shipping lines

The Department of Trade and Industry (DTI) will call on the Bureau of Internal Revenue (BIR) to look into possible unpaid taxes of foreign…

PCC asked to probe international shipping lines’ alleged overcharging

The Department of Trade and Industry (DTI) is requesting the Philippine Competition Commission (PCC) to look into alleged excessive and unreasonable charges imposed by…

Carriers’ surcharges mean up to $5B annual losses for PH economy

Destination fees and surcharges imposed by international shipping lines cost the Philippine economy an estimated US$2 billion to $5 billion in losses annually, according…

Project Repeal acts on over 970 regulations to cut red tape

A total of 976 issuances from 12 government agencies, including the Department of Transportation (DOTr) and some of its attached agencies, have been repealed,…

PH ranking in ease of doing business plummets

The Philippine government is reaffirming its commitment to accelerate reforms aiming to improve the ease of doing business as the country fell 14 places to…

PH slightly improves in competitiveness index but behind VN, Brunei

The Philippines improved one spot to 56th place out of 137 economies worldwide ranked in the World Economic Forum’s (WEF) Global Competitiveness Report (GCR)…

Butterfly Effect

According to the recently released Logistics Efficiency Indicators survey, conducted by the Department of Trade and Industry with assistance from the World Bank, logistics…

Program to ease regulatory burden of 5 key PH industries progressing well, says DAP 

The Development Academy of the Philippines (DAP) is gearing to implement its first batch of recommendations that seeks to reduce the regulatory burden of…

DOF working with other agencies to streamline I/E processes, automate business registry

The newly formed anti-red tape team of the Philippine Department of Finance (DOF) has partnered with trade regulatory agencies to simplify the processes in…

Over 1,000 PH gov’t issuances presented for repeal

Twenty-five Philippine departments and agencies have submitted more than 1,000 issuances for possible revision, merger, or repeal as part of a campaign to cut…

PH falls 10 spots in global competitiveness ranking

The Philippines dropped 10 notches in ranking in the latest release of the World Economic Forum-Global Competitiveness Report (WEF-GCR), falling to 57th place out…

PH weeds out outdated laws with Project Repeal

The National Competitiveness Council (NCC) introduced on June 13 Project Repeal, a program designed to scrap outdated laws and regulations and rationalize existing ones…

PH business registration for start-ups down to 8 days from 29, says NCC

Starting a business and paying taxes in the Philippines now take fewer steps and involve a shorter number of days as government agencies continue…

EO in the way of accreditation body for PH multimodal transport operators

The push to have a national accreditation body for multimodal transport operators (MTOs) in the Philippines, one of the integrative actions being pursued by…

PH exporters renew calls for lower domestic shipping costs, port charges

The Philippine Export Development Council (EDC) together with the National Competitiveness Council (NCC) is re-launching its advocacy calling for lower shipping costs. At the…