BOC’s 2018 collection target cut by P10B

The revenue collection target for 2018 of the Bureau of Customs (BOC) has been reduced by P10 billion to P584.9 billion with the fuel…

JV of SICPA and SGS secure BOC’s fuel marking project

The joint venture of Swiss-based SICPA SA and locally based SGS Philippines, Inc. has won the contract to provide a fuel marking program for…

Think Like A Supply Chain Manager

The Philippines’ headline inflation rate for August was at 6.4%, the highest in almost ten years, shattering expectations from monetary agencies of a more…

PH shipping, trucking rate hike looms in wake of higher fuel excise tax

The increase in the excise tax on fuel brought about by the passage of the new Tax Reform for Acceleration and Inclusion (TRAIN) Law…

Doc stamp tax for Marina certificates raised to P30

The Maritime Industry Authority (Marina) is now implementing the new rate of the documentary stamp tax it issues for certificates and documents following the…

PH manufacturing books double-digit growth in Jan

Philippine manufacturing output in the beginning of 2018 recovered from a series of declines in the last months of 2017. The Philippine Statistics Authority,…

DOF exec: TRAIN to have positive impact on logistics sector

Higher consumption and the construction of needed infrastructure, which are among the expected results from the Philippine government’s tax reform program, will benefit the…

PH manufacturing output continues slide in Nov, but rebound seen in 2018

Philippine manufacturing output is expected to recover in 2018 following three consecutive months of decline since September 2017. In the Monthly Integrated Survey of…

With TRAIN passage, fuel marking in PH now mandatory

Marking of petroleum products, whether imported or manufactured locally in the Philippines, will now be mandatory under the recently signed Tax Reform for Acceleration…