Home » Archive for July, 2008
Archive for July, 2008
Issues on PEZA and Freeport Shipments
Jul. 14 | More commonly known as ‘Free Zones’, PEZA zones and Free Ports (e.g. Clark and Subic) have been under increasing scrutiny from tax and customs authorities due to heightened efforts to raise revenues and due to the perception that free zones are becoming...
No easing of penalties for non-compliant tankers
Jul. 2 | THE Department of Transportation and Communications (DOTC) has denied the request of local tanker operators to relax penalties for single-hull tankers in operation until February 2009. The department is standing by an earlier regulation allowing single-hull...
Anti-smuggling bill on hold
Jul. 2 | THE Senate has temporarily shelved hearings on the anti-smuggling bill pending ratification of the Revised Kyoto Convention (RKC) by the Senate. The move aims to reduce duplication of work since the bill should be crafted in accordance with provisions...
North Luzon expressway cuts toll fees by 10%
Jul. 2 | THE Manila North Tollways Corp. (MNTC) yesterday cut its fees at the North Luzon Expressway (NLEX) by 10% to help ease the impact of the rising fuel cost on motorists. The new toll schedule will be in force at the NLEX for and two and a half years ending...
North Harbor truckers adopt PLSA rate hike plan until end July
Jul. 2 | NORTH Harbor truckers are deferring implementation of the 8% recovery surcharge and the 10% automatic fuel rate adjustment to August 1. Instead, they are adopting the Philippine Liner Shipping Association (PLSA)-approved rate hike. “We are accepting...
