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Archive for June, 2006

CMO 20-2006: Rules for Alcohol and Tobacco products

CMO 20-2006: Rules for Alcohol and Tobacco products

Jun. 21 | IN a previous column (January 30, 2006, Port-Calls), we wrote about the new law passed last year governing alcohol and to-bacco products. The Bureau of Customs (BoC) has recently issued its guidelines to implement RA 9334 and the implementing rules issued...

CVCRRC – Valuation and Classification Disputes

CVCRRC – Valuation and Classification Disputes

Jun. 5 | In a previous article (PortCalls, April 10, 2006), we wrote about CMO 7-2007 which provides for new rules governing assessment disputes (valuation and classification issues) brought before the Valuation and Classification Review Committee (VCRC). With...

Aboitiz Transport keeping all ro-ro ports of call

Aboitiz Transport keeping all ro-ro ports of call

Jun. 5 | DESPITE suffering massive losses due to skyrocketing fuel prices, Aboitiz Equity Ventures (AEV) president and chief executive officer Jon Ramon Aboitiz said the company has no plans to reduce the number of ports being serviced by Aboitiz Transport System...

Nenaco sails into black

Nenaco sails into black

Jun. 5 | NEGROS Navigation Company sees a turnaround in business this year, as it expects higher net income in the second quarter, enough to put the business back in the black for the entire 2006. The company eyes a P108 million net income during the second quarter,...

MICT soon to be fitted with scanners

MICT soon to be fitted with scanners

Jun. 5 | INTERNATIONAL Container Terminal Services, Inc. (ICTSI) is planning to install gamma ray scanners or radiation sensors at its Manila International Container Terminal (MICT) this year to boost security measures at the port. Being eyed is the installation...

BOC May collection up 41%

BOC May collection up 41%

Jun. 5 | THE Bureau of Customs (BOC) collected revenues of P17.2 billion in May, up 41% more than the P12.2 billion collected last year. The May collection also surpassed by 4.3% or P702 million the target of P16.5 billion for the month. The May figure brought...

It’s final: ICTSI, ATS not interested in NH

It’s final: ICTSI, ATS not interested in NH

Jun. 5 | PORT operator International Container Terminal Services, Inc. (ICTSI) and domestic shipping company Aboitiz Transport System (ATS) have permanently dropped plans to bid for the North Harbor, saying they would much rather focus on their main businesses....

North Harbor to have only one operator – PPA

North Harbor to have only one operator – PPA

Jun. 5 | THE Philippine Ports Authority (PPA) has approved the terms of reference for the privatization of Manila North Harbor, giving the entire facility to a single operator and allowing entry of shipping firms in port operations. An official of the PPA said...
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