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Archive for November, 2017

US self-initiates probe on Chinese aluminum dumping

US self-initiates probe on Chinese aluminum dumping

Nov. 29 | The United States will be self-initiating antidumping duty (AD) and countervailing duty (CVD) investigations of imports of common alloy aluminum sheet (common alloy sheet) from China, announced U.S. Secretary of Commerce Wilbur Ross November 28. These...

Customs chief bars gatekeepers, customs police from terminal gates

Customs chief bars gatekeepers, customs police from terminal gates

Nov. 29 | Customs commissioner Isidro Lapeña on Monday ordered the immediate removal of some customs personnel assigned at the terminal gates to simplify customs processes. The policy will be enforced initially in four ports: Manila and Batangas, operated by...

Global economy strengthening but weaknesses persist—OECD

Global economy strengthening but weaknesses persist—OECD

Nov. 29 | The world economy has strengthened, with monetary and fiscal stimulus underpinning a broad-based and synchronized improvement in growth rates across most countries, according to the latest Economic Outlook of the Paris-based Organisation for Economic...

Maersk strengthens executive board with 3 more appointees

Maersk strengthens executive board with 3 more appointees

Nov. 29 | A.P. Moller-Maersk has announced the appointment of three high-ranking officials to its executive board to strengthen the management of the company. The board will now consist of six members. In a mailed release, the global transport and logistics giant...

Malaysian task force chasing down customs receipt forgers

Malaysian task force chasing down customs receipt forgers

Nov. 29 | The head of Malaysia’s customs department said they have formed a special unit to go after syndicates forging the customs official receipt (COR) and diverting hundreds of millions of ringgit in revenue from the department. Director-General Datuk Seri...

Customs chief to relieve CIIS team

Customs chief to relieve CIIS team

Nov. 28 | All members of the Customs Intelligence and Investigation Service (CIIS) will be relieved from office, Customs Commissioner Isidro Lapeña has announced. Lapeña, during the Bureau of Customs (BOC) flag ceremony on November 27, said he will be relieving...

Box volume at Davao terminal seen to top 2017 target by up to 10%

Box volume at Davao terminal seen to top 2017 target by up to 10%

Nov. 28 | Davao International Container Terminal has already handled 277,000 twenty-foot equivalent units in the first 10 months of 2017, just 23,000 TEUs short of target. Davao City, Philippines— Davao International Container Terminal (DICT) expects to surpass...

DTI allows pre-shipment test on cement imports

DTI allows pre-shipment test on cement imports

Nov. 28 | The Philippine Department of Trade and Industry (DTI) has issued a revised department administrative order (DAO) allowing pre-shipment testing of cement at select and accredited testing centers in the country of origin to facilitate and ease the importation...

Fuel marking on petrol products to be implemented next year, says DOF

Fuel marking on petrol products to be implemented next year, says DOF

Nov. 28 | The Department of Finance (DOF) expects the fuel marking and monitoring system mandated under the proposed tax reform law to be in place by the second half of 2018 as part of sustained government efforts to curb smuggling in the oil sector. Finance Secretary...

DTI identifying PH exporters to join online Asian trading platform

DTI identifying PH exporters to join online Asian trading platform

Nov. 28 | The Department of Trade and Industry (DTI) has partnered with the Pan-Asian e-Commerce Alliance (PAA), a group of value-added service providers from 11 Asian economies, to include Philippine exporters in a business-to-business (B2B) electronic marketplace...
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