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Archive for June, 2010

New Valuation Rules for Vehicles

New Valuation Rules for Vehicles

Jun. 28 | THE Department of Finance (DoF), Bureau of Customs (BoC) and the Bureau of Internal Revenue (BIR) issued Joint Order (JO) 1-2010 dated April 5, 2010 to provide new regulations for the assessment of excise tax, duties and VAT on imported vehicles, whether...

More foreign calls in Davao

More foreign calls in Davao

Jun. 28 | FIFTEEN foreign ships made maiden calls at the Port of Davao in the first five months of the year, 13 container carriers and three bulk or general cargo carriers. “We are very pleased about the level of confidence that the international shipping industry...

Automated import clearance at DA formally launched

Automated import clearance at DA formally launched

Jun. 28 | CUSTOMS value-added service provider InterCommerce Network Services (INS) successfully launched its automated import clearance (IC) system at the Department of Agriculture (DA) last week. The system initially covers sanitary and phytosanitary (SPS) imports...

Dismiss PLSA petition,  SC asked

Dismiss PLSA petition, SC asked

Jun. 28 | THE Manila North Harbour Port, Inc (MNHPI) is asking the Supreme Court (SC) to dismiss a Philippine Liner Shipping Association (PLSA) petition seeking to nullify the North Harbor contract. MNHPI, which holds the 25-year operation and management contract...

Manila Convention amends STCW Code

Manila Convention amends STCW Code

Jun. 28 | THE International Maritime Organization and key stakeholders in the global shipping and manning industries formally adopted last week the Manila Convention which amends the Standard of Training, Certification and Watchkeeping (STCW) Code. The changes...

San Miguel likely partner in North Harbor project

San Miguel likely partner in North Harbor project

Jun. 28 | SAN Miguel Corp (SMC) will buy shares of Metro Pacific Investments Corp (MPIC) in Manila North Harbor Port Inc (MNHPI), making it a partner in the development and operation of the North Harbor. This follows approval by the Philippine Ports Authority (PPA)...

Subic to issue automated gate pass for trucks

Subic to issue automated gate pass for trucks

Jun. 28 | THE Subic Bay Metropolitan Authority (SBMA) and Bureau of Customs (BOC) are applying a new gate pass system for trucks next month to reduce cases of smuggling. Starting July 15, SBMA will issue automated gate passes for trucks entering and leaving the...

INS launches e-import clearance at DA

INS launches e-import clearance at DA

Jun. 23 | Customs value-added service provider InterCommerce Network Service (INS) is launching today its electronic import clearance system with the Department of Agriculture (DA). The launch covers three DA attached agencies — the Bureau of Plant Industry,...

PAL tops last year — airline guide

PAL tops last year — airline guide

Jun. 23 | PHILIPPINE Airlines (PAL) was the country’s top carrier in 2009, according to the Official Airline Guide (OAG). OAG said PAL cornered 35% of all flights per week and 38% of all seats flown weekly at the Ninoy Aquino International Airport (NAIA). Cebu...

RP cargo throughput up 23% in first quarter

RP cargo throughput up 23% in first quarter

Jun. 23 | THE country’s cargo throughput posted double-digit growth in the first quarter of the year, the first such substantial improvement since the global economic crisis broke out in 2008. For the period in review, the Philippine Ports Authority (PPA) said...
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