Wednesday, January 20, 2021

Monthly Archives: May, 2006

Duties on Air Freight Charges

IMPORTERS, customs brokers and forwarders normally encounter problems clearing air shipments with customs due to discrepancies in the computation of duties and taxes arising...

Integrated Logistics Under RA 9280

CASE STUDY 1. A local manufacturer, Santa Barbara Company (SBC), imports various articles on a Delivered Duty Paid (DDU) terms of trade. The foreign...

Asia’s SMEs worry over lack of innovation, qualified staff

THE lack of innovation, availability of qualified staff, and limited access to funding and working capital continue to threaten the long-term sustainability of the...

ATI sees 79% higher income

PORT operator Asian Terminals, Inc (ATI) posted a consolidated net income of P663.6 million in 2005, 79% higher than the P370.9 million it registered...

BOC amenable to harsher smuggling penalties

THE Bureau of Customs is open to imposing stiffer penalties for smuggling, BOC lawyer Roberto Bauzon said during a meeting of the Senate ways...

SBMA watches out for new tricks of smugglers

ANTI-smuggling Task Force Subic (TFS) seized the other day six imported cars worth more than P5 million as Subic Bay Metropolitan Authority (SBMA) intensifies...

February imports up 4.6%

HIGHER oil prices led the growth in Philippine imports in February, but purchases of electronic components used in manufacturing the country's key exports slipped,...

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