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::Industry News::

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*UPS expanded intra-Asia hub opens

*Clark-Subic corridor pushed CLARKFIELD, PAMPANGA

*BOC limits post-entry audit time to within 24 hrs

*BOC opens one-stop-shop at ATI ICD

 


UPS expanded intra-Asia hub opens


30% growth eyed CLARKFIELD, PAMPANGA-United Parcel Services (UPS) this week formally opened its $1.4-million expanded intra-Asia air hub here. "Now is a great time to be in Asia," said UPS International president David Abney in a press briefing, noting that regional companies are gearing toward total supply chain optimization.

"The expansion of the UPS intra-Asia hub reinforces the significant role it plays in the region by helping businesses navigate global commerce and providing them with access to key trade centers within Asia and around the world," he said.

Abney said the expanded hub will cater to growing trade between the Philippines and other key points in Asia.

It will complement other UPS hubs in the region, including the transpacific hub in Taiwan and the Hong Kong hub that connects Asia to Europe. The expansion tripled the hub's sorting capacity from 2,500 packages to 7,500 packages per hour.

The hub's strategic location provides a central sorting point within four hours by air from all major Asian cities. The launch coincided with the hub's third anniversary. Since opening, the facility has grown into the company's largest hub in the Asia Pacific, with 90 flights per week, up 50% compared when it first opened.

In the last quarter of 2004, UPS' export volume from the Philippines grew nearly 30% compared with the same quarter in 2003. This year, it is eyeing 30% more. Meanwhile, UPS also announced the launch of new services to Osaka. Additional flights to China are also being evaluated.

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Clark-Subic corridor pushed CLARKFIELD, PAMPANGA

The national government and the Clark Development Corporation (CDC) are jointly intensifying efforts to promote the Clark-Subic corridor as an international hub in the region. "We are optimistic that our goal for the Clark-Subic corridor will be realized.

This is the future for Clark," President Gloria Macapagal-Arroyo told reporters during the formal launch of UPS' expanded intra-Asia hub here on Monday. Arroyo cited efforts being undertaken to realize this vision, particularly the Subic-Clark-Tarlac Expressway project (SCTEP) which broke ground this week, and the entry of budget airline services at the Diosdado Macapagal International Airport (DMIA).

Malaysian carrier Air Asia Berhad has started flying to Kuala Lumpur and Kota Kinabalu from DMIA. Tiger Airlines of Singapore has also began operations. On the other hand, the SCTEP, a key component of the ten-point agenda of President Arroyo, will link the growth centers of Region III to provide easy access to Subic's international container port facility and the international cargo/passenger airport facility here to boost industrial activities that will catalyze growth of the entire Central Luzon.

The expressway is expected to provide the shortest, most direct access to the four prime ecozones in the area: Subic Bay Freeport and Special Economic Zone, Bataan Techno Park in Morong, Bataan, the Clark Special Economic Zone and the Central Techno Park at the Hacienda Luisita in Tarlac. For its part, CDC said it is developing more infrastructure and facilities in Clark, including airline servicing maintenance.

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BOC limits post-entry audit time to within 24 hrs

THE Bureau of Customs (BOC) is strengthening its Post Entry Audit (PEA) Group to reduce audit processing time, said Customs commissioner Alberto Lina during the recently concluded Aircargo Forwarders of the Philippines, Inc. (AFPI) general membership meeting.

"The auditing will now be conducted within 24 hours to ensure that fraud and other forms of corruption will be lessened, if not, eliminated," he noted. The PEA system is in compliance with the World Trade Organization valuation system and part of the amended Republic Act 9135 or the Tariff and Customs Code of the Philippines.

The scheme involves post-evaluation of import cargo records to guarantee integrity of information supplied to the BOC by importing companies at the time of entry lodgment. It requires importers to keep at their principal place of business for a period of three years from the date of filing of the import entry, all records of their importations or books of account, business or computer systems and all other customs commercial data.

These could be in various forms, including payment records, relevant for the verification of the accuracy of the transaction value declared by the importers on the import entry. Auditing will be done when firms voluntarily request auditing, when errors in the import declaration are detected, or when firms are selected by a computer-aided management system.

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BOC opens one-stop-shop at ATI ICD

THE Bureau of Customs (BOC) last week set up a one-stop-shop facility at the ATI Inland Clearance Depot (ICD) in Calamba, Laguna.

The establishment of the facility is expected to result in expedited import and export clearance processing of containers and cargoes at the ICD.ATI said there is no need for importers and exporters in the CALABARZON area to go to Manila to carry out transactions with Customs.

As instituted in Customs Memorandum Order No. 11-97 (CMO 11-97), the ICD is an extension of the port of Manila and as such is treated, operated like a container terminal and/or container freight station inside a Customs Zone. The one-stop-shop accepts transactions with the bureau from 8am to 5pm, from Monday to Friday.

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Archives 2005 : Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

April 6 | April 11 | April 13 | April 18 |

April 20 | April 25 | April 27

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