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BOC mulls NVVS suspension after House recommendation

BOC mulls NVVS suspension after House recommendation

Dec. 10 | Image from Pixabay. The Bureau of Customs (BOC) is reviewing its National Value Verification System (NVVS) and mulling its suspension as requested by the House of Representatives (HOR) Committee on Ways and Means. “We are seriously looking into the...

PH Oct trade weakens further as imports enter seventh month of decline

PH Oct trade weakens further as imports enter seventh month of decline

Dec. 10 | Image from Pixabay. Philippine merchandise trade registered its seventh consecutive month of decline in October 2019 as imports continued its decline during the period, data from the Philippine Statistics Authority (PSA) showed. PSA said total merchandise...

Metro Pacific proposes P16B extension of NLEX Harbor Link

Metro Pacific proposes P16B extension of NLEX Harbor Link

Dec. 10 | Image from Pixabay. Tollroad firm Metro Pacific Tollways Corporation (MPTC) is proposing to improve the north’s access to Manila ports by extending the Harbor Link section of the North Luzon Expressway (NLEX) to Anda Circle in the port area. The MPTC...

House bill on free freight for relief goods OK’d on final reading

House bill on free freight for relief goods OK’d on final reading

Dec. 9 | Image from Pixabay. The House of Representatives has unanimously approved on third and final reading a bill that seeks to provide free freight services to relief organizations delivering relief goods to calamity-stricken areas. Garnering 170 affirmative...

Draft Customs order on provisional goods declaration out

Draft Customs order on provisional goods declaration out

Dec. 9 | Image from Pixabay. The Bureau of Customs (BOC) has released the draft customs memorandum order (CMO) providing guidelines for the lodging and processing of provisional goods declaration under its formal entry system. Stakeholders have until December...

INHTA’s new board of trustees inducted

INHTA’s new board of trustees inducted

Dec. 6 | Image by Karen Arnold from Pixabay The Inland Haulers and Truckers Association (INHTA) has inducted its new Board of Trustees (BOT) for the year 2020. Teodorico Gervacio remains as the association’s chairman and president, while John G. Siojo is vice...

Understanding Incoterms 2020

Understanding Incoterms 2020

Dec. 6 | Want to avoid costly disputes and misunderstandings in sales contracts? Sign up for the “UNDERSTANDING INCOTERMS 2020” seminar on December 18 (Wednesday), 2019 at the Solaire Resort (The Forum 1 ABC), from 1:30-5pm. The seminar will help stakeholders...

Local air carriers report 2% rise in cargo volume for Jan-Sept

Local air carriers report 2% rise in cargo volume for Jan-Sept

Dec. 4 | Image by StockSnap from Pixabay. Cargo volume handled by Philippine domestic carriers grew 2.1% in the first three quarters of 2019 to 239.086 million kilograms (kg) from 234.211 million kg handled in the same quarters last year, data from the Civil Aeronautics...

e2m upgraded to include more units of measurement

e2m upgraded to include more units of measurement

Dec. 4 |   Image from Pixabay. The Bureau of Customs (BOC) has updated its electronic-to-mobile (e2m) system  to finally include other units of measurement besides kilograms (kg) in establishing the volume of different types of commodities and shipments. This...

BOC launches AEO program for 2020 implementation

BOC launches AEO program for 2020 implementation

Dec. 3 | The Bureau of Customs on Dec 2 launched the Philippine Authorized Economic Operator Program. At the launch and unveiling of the logo were (L to R): Asian Development Bank trade specialist Taro Sekiguchi, Customs commissioner Rey Leonardo Guerrero, Department...