WCO embarks on groundwork for HS 2022

Even as the Harmonized System (HS) 2017 Edition enters into force early next year, the World Customs Organization (WCO) has already begun working on…

PH Customs draft order sets up AEO program

The draft customs administrative order (CAO) establishing an Authorized Economic Operator (AEO) Program in the Philippines has been released by the Department of Finance…

WCO to study e-commerce impact on trade, customs control

The World Customs Organization (WCO) has recently established a working group on e-commerce that is tasked to collect and exchange data on best practices…

Customs Modernization and Tariff Act Series 3: New Concepts and Revised Policies

For Series 1, click here. For Series 2, click here. We have previously mentioned that while the initial draft of the Customs Modernization and…

Updated WCO trade facilitation guide released

The World Customs Organization (WCO) has published the updated TFA Implementation Guidance, incorporating new tools and instruments and adding more members’ practices to improve…

PH customs eyes ASYCUDA World to automate processes

The Philippine Bureau of Customs (BOC) is in discussions to implement by next year ASYCUDA World, the latest version of the Automated System for…

WCO declares 2017 as year of data analysis

The World Customs Organization (WCO) has announced it will dedicate 2017 to the promotion of data collection and analysis as a key Customs tool…

New PH Customs order raises de minimis threshold to P10K from P10

Goods imported into the Philippines with de minimis value of P10,000 and below are no longer subject to duties and taxes based on a…

Internal reforms among PH Customs chief’s achievements in first 100 days

Customs Commissioner Nicanor Faeldon said he introduced a slew of reforms in his first 100 days in office as head of a government agency…

Embracing Change & Challenges for the Filipino Customs Broker

People are naturally averse to change yet change is inevitable. More often, we approach change with a combination of anticipation and dread. But what…

Manila gets ready for WCO PICARD 2016

Today’s business operates in a global environment. To keep pace, companies wherever located or whatever their primary market base, have to consider the rest…

WCO, ICAO pinpoint more areas for synergy in air cargo safety

The World Customs Organization (WCO) and International Civil Aviation Organization (ICAO) have listed the priority projects they believe will further enhance air cargo security…

Use of customs broker services should be optional—WCO

The World Customs Organization (WCO) said customs brokers’ services should be made optional in keeping with provisions of the Revised Kyoto Convention, although in…

APEC leaders want faster work on Single Window, AEO, electronic port projects

Asia-Pacific Economic Cooperation (APEC) ministers wish to see more progress made on several programs on cross-border trade facilitation in the region, including the Authorized…