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Archive for May, 2004

Promoting Cost Efficiency and Customs Compliance thru SGL

Promoting Cost Efficiency and Customs Compliance thru SGL

May. 24 | Designed to facilitate trade and promote compliance among the major importers, the Bureau of Customs (BoC) first introduced the Super Green Lane (SGL) import processing facility to the top 100 importers in year 2000. Under the program, an importer is...

RA 9280: New Law Prohibits Companies from Customs Brokerage

RA 9280: New Law Prohibits Companies from Customs Brokerage

May. 10 | A new law has recently been enacted, which effectively regulates the practice of the customs brokers profession and prohibits corporate practice of customs brokerage. Republic Act No. 9280, entitled “An Act Regulating the Practice of Customs Brokers...

Ship classification

Ship classification

May. 10 | Ship classification is regarded as the development and worldwide implementation of published rules and regulations governing structural strengths of all parts of the hull and its appendages, and the safety and reliability of the main propulsion and steering...

PPA income up 11% in first quarter

PPA income up 11% in first quarter

May. 3 | THE Philippine Ports Authority (PPA) recently reported a 10.94% increase in its first quarter net income to P1,300.32 million from P1,290.82 million in the same period last year (see table). For the full year, the port agency is eyeing a 60% hike in income...

NENACO vessels resume normal operations

NENACO vessels resume normal operations

May. 3 | IT’S business as usual for Negros Navigation Company (NENACO) after the Maritime Industry Authority (MARINA) last week lifted the suspension order on five of its vessels. MARINA earlier found NENACO to be “financially unstable” based...

Wooden-hulled ships subject of technical study

Wooden-hulled ships subject of technical study

May. 3 | REPRESENTATIVES of the Japan Bank for International Cooperation (JBIC) are arriving in Manila next month to discuss plans for a technical study on the use of wooden-hulled vessels. Maritime Industry Authority (MARINA) administrator Oscar M. Sevilla said...

PPA launches e-procurement system

PPA launches e-procurement system

May. 3 | THE Philippine Ports Authority (PPA) last week unveiled its electronic procurement service in a bid to promote transparency in the bidding process for port projects. “This is our way of eliminating corruption by removing discretion in the evaluation...

Terminal operators: Better times ahead after polls

Terminal operators: Better times ahead after polls

May. 3 | THE country’s leading terminal operators see a brighter business environment after the national elections scheduled on May 10. “Hopefully, after the elections, business will do well. By then, we can look at what needs to be done in the area...
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