PH-Korea FTA signing moved to next year

The Philippines and South Korea have moved the conclusion of a free trade agreement (FTA) from this month to next year as negotiations have…

USTR cites ‘pervasive’ corruption, restrictive policies as PH investment barriers

Corruption, restrictive import policies, and delays in processing of permits and clearances are among the barriers to American exports and investments entering the Philippines,…

PH importers warned anew against wrong classification of imports

The Philippine Bureau of Customs (BOC) is reiterating an order for importers and customs brokers to accurately describe imported goods in tariff terms, saying…

New BOC ruling on higher tariff ‘disastrous’ to meat processing industry—exporters

The Philippine Exporters Foundation Region III (PhilExport R3) is requesting the Bureau of Customs (BOC) to reconsider the reclassification of tariff headings for certain…