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Archive for March, 2017

CMTA and the WTO Trade Facilitation Agreement

CMTA and the WTO Trade Facilitation Agreement

Mar. 27 | RKC and the WTO TFA Ten years ago, the Philippine Bureau of Customs (BoC) first announced that the Revised Kyoto Convention (RKC) will be adopted and implemented in the coming months and years. Known formally as the “The International Convention on...

Nague is elected CCBI president; lifting of BIR accreditation high on his agenda

Nague is elected CCBI president; lifting of BIR accreditation high on his agenda

Mar. 27 | Lawyer Ferdinand Nague has been elected 2017-2019 national president of the Chamber of Customs Brokers, Inc. (CCBI), the nationally accredited association of customs brokers in the Philippines. Nague, former chairman of the Professional Regulatory Board...

PH Customs regulated imports list due for update in June

PH Customs regulated imports list due for update in June

Mar. 27 | The Philippine Bureau of Customs (BOC) is planning to update the Customs Regulated Imports List (CRIL) and convert it into a more secure format by June 2017. Together with the Department of Trade and Industry (DTI)-Bureau of Import Services (BIS), BOC...

Fast track approval of PH traffic crisis, tax reform bills in the works

Fast track approval of PH traffic crisis, tax reform bills in the works

Mar. 27 | Passing the Traffic Crisis Act and the Comprehensive Tax Reform Program (CTRP) is one of the identified common priorities of Philippine Congress and the Office of the President. Bills that aim to address the pressing traffic crisis in urban areas and...

BOC Zamboanga port surpasses revenue targets for Jan-Feb

BOC Zamboanga port surpasses revenue targets for Jan-Feb

Mar. 27 | The Philippine Bureau of Customs (BOC) office at the Port of Zamboanga has exceeded its revenue collection target for the first two months of 2017 following bigger collections of duties and taxes from rice and cement importation. The port collected a...

Barkadahan Bridge on C-6 to open 2 more lanes by July

Barkadahan Bridge on C-6 to open 2 more lanes by July

Mar. 27 | Two additional lanes on Barkadahan Bridge along C-6 road will be opened to traffic in July, according to the Philippine Department of Public Works and Highways (DPWH). Public Works Secretary Mark Villar in a statement said the widening of the bridge “will...

Public cautioned vs conman claiming to be next customs chief

Public cautioned vs conman claiming to be next customs chief

Mar. 27 | The Philippine Bureau of Customs (BOC) has warned the public against entertaining business proposals from a man who, apart from misrepresenting himself as a replacement for Customs Commissioner Nicanor Faeldon, has been linked to extortion and various...

NEDA investment committee okays 4 project revisions

NEDA investment committee okays 4 project revisions

Mar. 27 | Changes to the scope of two transport projects have been approved by the National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CC). The ICC-CC also endorsed a change in the financing mode of one irrigation...

Robust passenger earnings deliver 122% income growth for Cebu Pacific in 2016

Robust passenger earnings deliver 122% income growth for Cebu Pacific in 2016

Mar. 27 | Cebu Pacific Air and wholly owned subsidiary Cebgo posted a three-digit surge in net income for the second year in a row, generating a 122.3% increase in net income for 2016. In a disclosure to the Philippine Stock Exchange, Cebu Pacific said it earned...

RTC dismisses Mighty lawsuit vs BOC

RTC dismisses Mighty lawsuit vs BOC

Mar. 27 | A Manila court has dismissed for lack of jurisdiction the case filed by local cigarette manufacturer Mighty Corporation against the Bureau of Customs (BOC). In a 13-page resolution dated March 23, Manila Regional Trial Court (RTC) Branch 39 presiding...
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