BOC prescribes regulations for movement of goods in free zones

The Bureau of Customs (BOC) has issued rules on the admission, movement, and withdrawal of goods in free zones under the Customs Modernization and…

BOC: draft CMO on EU REX under review

The Bureau of Customs (BOC) legal division is reviewing the draft customs memorandum order (CMO) providing guidelines on implementation of the new Registered Exporters…

PEZA looks to simplify requirements, extend validity of 3PL accreditation

The Philippine Economic Zone Authority (PEZA) is working to slash requirements for accreditation as well as extend the validity of accreditation of truckers, freight…

Duterte pushes for more rural ecozones, freezes new applications in MM

President Rodrigo Duterte has ordered the development of economic zones (ecozones) in the Philippine countryside to promote rural development and create robust economic activity…

BOC clarifies rule on CPRS activation for entities accredited by other government agencies

The Bureau of Customs (BOC) has clarified its ruling on activating the Client Profile Registration System (CPRS) of entities accredited by other government agencies.…

Transport/storage most attractive as PH investment pledges plunge 43%

Foreign investment pledges dropped 42.7% to P132 billion fell sharply in the fourth quarter of last year from P230.2 billion in the same period…

Automated export system at Philippine ecozone agency mandatory by Mar 15

The mandatory implementation of the Philippine Economic Zone Authority (PEZA) expanded Automated Export Declaration System (E-AEDS) will take effect on March 15, 2012. Under…

PEZA export fee set at P150

The Philippine Economic Zone Authority (PEZA) has pegged at P150 the export declaration processing fee (EDPF) for all shipments under its Expanded Automated Export…

Free Zones – A Separate Customs Territory

BASED on international trade practices, ‘free zones’ are a generally understood to be that part of a country’s territory considered as outside the customs…