Highly trained customs workforce key to trade reform success—WB
Educating customs officials and customs brokers through regular training is positively associated with lower border and documentary compliance times, according to a recent case…
BOC-MICP institutes various trade facilitation measures
The Bureau of Customs (BOC)-Manila International Container Port (MICP) recently implemented several policies that have streamlined processes at the MICP, district collector Atty. Vener…
BOC, ICTSI in joint forum on trade facilitation at MICP
Bureau of Customs-Manila International Container Port (BOC-MICP) and International Container Terminal Services, Inc. (ICTSI) officials will come together for a half-day event to provide…
WTO PH trade policy review: CMTA commendable but business environment stands improvement
The World Trade Organization (WTO) has welcomed the Philippines’ implementation of the Customs Modernization and Tariff Act (CMTA) and other trade facilitation measures, but…
Philippine Customs Commissioner Isidro Lapeña has instructed district collectors of the Bureau of Customs (BOC) to coordinate with counterpart regional directors in the Bureau…
Lack of infra, onerous processes hinder ASEAN economic integration
Inadequate physical facilities, cumbersome procedures, and varying international business standards are the major stumbling blocks in sustaining the free flow of goods among Association…
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…
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…
Traditional Role of Customs Historically, customs administrations all over the world have served as state “gatekeepers”, taking jurisdiction on anything and everything that move…
This is the third part of a four-part article outlining the major problems confronting the Philippine Bureau of Customs; the previous efforts to reform and…
SEIPI unveils wish list for improved trade facilitation
The Philippine electronics industry has identified four trade facilitation policy reforms that it wishes the government to prioritize, saying these will help the industry…
WTO trade facilitation deal to boost global exports by up to $1 trillion per year
The World Trade Organization (WTO) said the full implementation of the WTO Trade Facilitation Agreement (TFA) has the potential to increase global merchandise exports…
Asia-Pacific trade facilitation progress below 50%—latest UN study
Trade facilitation efforts by economies in the Asia-Pacific region have been notable but much needs to be done to fast track liberalization, according to…
