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Full BOC automation requires P6B

Full BOC automation requires P6B

Feb. 6 | The Bureau of Customs (BOC) said it needs an estimated P6 billion to fully automate its systems and processes, including the replacement of the outdated electronic-to-mobile (e2m) system. BOC spokesperson Atty. Erastus Sandino Austria, in a recent presentation...

BOC Jan revenue collection 5.5% more than target

BOC Jan revenue collection 5.5% more than target

Feb. 4 | The Bureau of Customs (BOC) surpassed its revenue collection target in January 2019, posting a total of P48.153 billion, 5.5% higher than the P45.626 billion goal. Based on a preliminary report of the Bureau of Treasury, revenues generated by the BOC...

BOC-MICP seizes misdeclared Bentley, truck worth P12.1M

BOC-MICP seizes misdeclared Bentley, truck worth P12.1M

Feb. 4 | Manila International Container Port district collector Atty Erastus Sandino Austria (left) and Customs Commissioner Rey Leonardo Guerrero (right) inspect the misdeclared Bentley GT. Along with a Hino truck, the Bentley was misdclared as used forklift,...

Local shipping lines urged to serve 19 missionary routes

Local shipping lines urged to serve 19 missionary routes

Feb. 4 | The Maritime Industry Authority (Marina) has declared 19 missionary routes where shipping lines may start a service, Marina deputy administrator for operations Engineer Nannette Dinopol said in a recent presentation to media. Marina is now encouraging...

Chelsea Logistics eyes P7B expansion fund from issuing bonds

Chelsea Logistics eyes P7B expansion fund from issuing bonds

Feb. 4 | Chelsea Logistics Holdings Corp. (CLHC) confirmed plans to raise P7 billion from the debt market to fund its expansion projects for this year. CLHC in a regulatory disclosure confirmed a report quoting vice president for finance Ignacia Braga IV as saying...

BOC e2m capacity expansion set for the first quarter

BOC e2m capacity expansion set for the first quarter

Jan. 29 | The Bureau of Customs (BOC) expects to start within the first quarter its stabilization project to extend the life of the outdated electronic-to-mobile (e2m) system and provide users significant relief in its usage, while the agency explores its options...

PH AEO program for roll out in first half

PH AEO program for roll out in first half

Jan. 29 | Stakeholders that apply and qualify for the Authorized Economic Operator program are allowed to clear their goods with minimum or zero customs border intervention. Image courtesy of khunaspix at FreeDigitalPhotos.net. The Bureau of Customs (BOC) will...

Decade-long domestic shipping upgrade needs P45B to execute

Decade-long domestic shipping upgrade needs P45B to execute

Jan. 29 | Modernizing and upgrading inter-island shipping in support of the Philippine Nautical Highway Development (PNHD) will require an estimated P45.155 billion to implement over a 10-year period, according to a development plan by the Maritime Industry Authority...

New Airspeed warehouse opens in Parañaque

New Airspeed warehouse opens in Parañaque

Jan. 29 | The new Airspeed Philippines warehouse was recently inaugurated by company Chairman & President Rosemarie P. Rafael (right) and Operations and General Manager Andrew Interin. Airspeed International recently opened its newest warehouse in Parañaque...

BOC to harmonize all rules and regulations this year

BOC to harmonize all rules and regulations this year

Jan. 29 | The Bureau of Customs (BOC) is eyeing the codification and harmonization of all its memos and implementing rules to make access to such information easier and more transparent for both stakeholders and customs personnel. As part of its 10-point priority...
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