PH exports fall, imports’ growth slows in Nov

The Philippines’ merchandise trade amounted to US$15.04 billion in November 2018, up 4.1% from $14.45 billion year-on-year, as continuous albeit slower growth in imports…

DOF working on harmonizing commodity codes

Starting this month,the Philippine Department of Finance (DOF) will work with various trade regulatory government agencies (TRGAs) in a series of tariff harmonization and…

Cebu, Davao business leaders highlight trade facilitation gaps in the regions

Enhanced ease of doing business and lower regulatory costs are the top recommendations of Cebu and Davao traders to improve trade facilitation and boost…

BOC to complete WB requirements for customs automation by midyear

The Bureau of Customs (BOC) hopes to finish by the middle of this year the requirements that will lead the World Bank (WB) to…

20 state agencies for linkup to TradeNet by midyear

A total of 20 Philippine government agencies will be connected to TradeNet—the government’s online platform for the application of permits for imports and exports—by…

BOC orders ports to set up unit to verify FTA tariff application

The Philippine Bureau of Customs (BOC) has reiterated its directive for its officials to establish, activate, or reconstitute a preferential rate unit (PRU) in…

PH test link to ASEAN Single Window successful, says DOF

Initial tests to assess the Philippines’ interconnection with other Association of Southeast Asian Nations (ASEAN) economies, starting with Indonesia, via the ASEAN Single Window…

TradeNet in prep stage for launch by July

The software for the Philippine government’s online trade facilitation portal, TradeNet, has been delivered and is now undergoing procedures in preparation for going live…

4 ASEAN peers to go live with exchange of Form D via ASW

Singapore and three other Association of Southeast Asian Nations (ASEAN) member countries will transit into the live operation of the ASEAN Single Window (ASW)…

BOC turning to foreign partners for ICT modernization plan

The Philippine Bureau of Customs (BOC) is tapping international institutions for the implementation of its automation project, according to Customs Commissioner Isidro Lapeña. The…

PCCI rejects pre-shipment inspection of box cargoes, offers up alternatives

The Philippine Chamber of Commerce and Industry (PCCI) is requesting the Department of Finance (DOF) and Bureau of Customs (BOC) to reconsider their plan…

Finance: TradeNet to process 7 kinds of goods initially

Seven types of commonly traded commodities, including rice and sugar, will be the first batch to be covered when the Philippine government initially implements…

WB designing $200M modernization plan for PH customs

The World Bank (WB) is preparing a project that aims to support the Philippine Bureau of Customs (BOC) in enhancing its efficiency, effectiveness and…

TradeNet is online platform for PH National Single Window

The National Single Window (NSW) Steering Committee, a high-level team chaired by the secretary of the Philippine Department of Finance (DOF), has agreed to…

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…

DOF to introduce faster import permit system

The Philippine government is finalizing a new, faster system for securing import applications that currently involves more than 60 government agencies, part of fresh…

Ratification for Asean Single Window agreement finally signed

The Philippines can soon exchange information on export and import shipments electronically with other Association of Southeast Asian Nations (ASEAN) member states, facilitating trade…

BOC’s tight balancing act: Trade facilitation and revenue generation

Much has transpired a year since Philippine Customs Commissioner Nicanor Faeldon assumed the leadership of the Bureau of Customs (BOC) in July 2016. He…

PH plans yearend NSW linkup with ASEAN Single Window

After five years, the Philippines is expected to finally connect to the Association of Southeast Asian Nations (ASEAN) Single Window by December this year,…

Anti-Agricultural Smuggling Act IRR takes effect in June

The Philippine Bureau of Customs (BOC) has released the implementing rules and regulations (IRR) of the Anti-Agricultural Smuggling Act of 2016, which takes effect…