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Archive for May, 2007

Conflicting PEZA Rules for Customs Brokers

Conflicting PEZA Rules for Customs Brokers

May. 21 | The proposed amendments to RA 9280 (The Customs Brokers Act of 2004) are still pending in Congress, hopefully to be deliberated and passed by the bicameral committee before the end of the term of the present congress. As written in a previous article,...

Customs Voluntary Disclosure Program (VDP)

Customs Voluntary Disclosure Program (VDP)

May. 7 | THE draft rules on the customs Voluntary Disclosure Program (VDP) are reportedly being finalized and should be issued in the coming weeks. The VDP is said to be akin to the amnesty and voluntary assessment programs of the Bureau of Internal Revenue as...

Intensified  BIMP-EAGA collaboration eyed

Intensified BIMP-EAGA collaboration eyed

May. 2 | MEMBER countries of the BIMP-EAGA region have agreed to intensify collaboration in customs, immigration, quarantine and security services to help speed up sub-regional trade cooperation among the Philippines’ southern neighboring countries. Customs...

No corporate TINs, Customs insists

No corporate TINs, Customs insists

May. 2 | BROKERAGE houses and freight forwarding companies expecting to transact with the Bureau of Customs (BOC) using their corporate tax identification number (TIN) under Republic Act 9280 will have to think again. This after the BOC adopted a measure that...

AusAID increases security grant

AusAID increases security grant

May. 2 | THE Australian Agency for International Development (AusAID) has extended its grant to the Department of Transportation and Communications (DOTC) for the implementation of the third phase of a project aimed at improving security at the country’s...

PPA’s P2-B bond float gets green light from Malacañang

PPA’s P2-B bond float gets green light from Malacañang

May. 2 | PRESIDENT Arroyo has approved the Philippine Ports Authority (PPA) plan to float P2 billion in bonds after the May elections, according to PPA general manager Atty. Oscar Sevilla. PPA has been planning the bond floatation since two years ago to finance...

Immunity routes for trucks soon to be implemented

Immunity routes for trucks soon to be implemented

May. 2 | AFTER slashing the export wharfage fee, the government is set to implement immunity routes for trucks in major cities and nearby provinces to ease the movement of export cargoes. “With the routes in place, trucks carrying export products will be...
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