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The Export Advocate

The Export Advocate.

Of profit sharing and legislated wage increases

Of profit sharing and legislated wage increases

Mar. 4 | Former Philippine Internal Revenue Commissioner Emil Ong and his deputy, Ronald Cosalan, must be a couple of very brave congressmen.   In one sitting early last month, their Labor and Employment committee approved two highly combustible bills. The...

Energy roadmap

Energy roadmap

Feb. 26 | Philippine Chamber of Commerce and Industry (PCCI) energy committee chairman Jose Alejandro recently told his members they will push for the drawing up of an industry roadmap for the power sector this year. By this time, industry roadmaps solicited by...

Doubling exports by 2016 a big challenge

Doubling exports by 2016 a big challenge

Feb. 4 | With only revenues for the month of December unaccounted for, the Philippines is expected to set a new record of $52-$53 billion in merchandise exports for the year just past.   The highest on record, $51.4 billion, was posted in 2010.   Earnings...

Nature’s Wrath

Nature’s Wrath

Feb. 4 | A newsman once commented that when national disasters hit the Philippines, we now count our dead in the thousands, not in hundreds; destroyed properties in the billions of pesos, not millions; and the displaced in tens or hundreds of thousands.   This...

The Peso’s Rampage

The Peso’s Rampage

Dec. 2 | The coalition of dollar earners and their allies were meeting at the Philippine Exporters Confederation, Inc. boardroom last Wednesday when the peso-dollar rate hit a five-year high of P40 to $1. The local currency had appreciated in value by three pesos...

Rush to ASEAN 2015

Rush to ASEAN 2015

Nov. 13 | By January 2015, the free flow of goods, investments and citizens in the ASEAN community and its five other economic bloc partners under AFTA plus 5, should be in place. The most significant implication of that regional event will be the lowering of import...

PHILEXPORT celebrates 20 years

PHILEXPORT celebrates 20 years

Oct. 31 | Twenty years ago this month, leaders of two distinct and independent organizations of exporters came together and decided to unify into one umbrella organization. It was a bold move by mostly small exporters to pursue a common dream, that of moving as...

Manual processing or smuggling?

Manual processing or smuggling?

Sep. 18 | The electronic processing of import papers was adopted by the Bureau of Customs long before its present chief, Commissioner Rufino Biazon, was appointed by President P-Noy.   The system is now more than a year in operation and there is no longer...

A myth on OFW remittances

A myth on OFW remittances

Sep. 10 | Whenever Bangko Sentral ng Pilipinas (BSP) announced hefty increases in OFW remittances, its spokesmen sounded so upbeat, at times, even euphoric. The figures have indeed been impressive and are estimated to break the US$24-billion mark this year. Multiply...

Paperless imports and exports

Paperless imports and exports

Aug. 6 | The Bureau of Customs’ (BOC) automation projects, namely the electronic-to-mobile (e2m) and National Single Window (NSW), are indeed a welcome change.   By electronically linking the permit and clearance system of 40 government agencies —...
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