BOC rolls out implementing rules for consolidated balikbayan box shipments

Oct. 22 | Just in time for the holidays, the Bureau of Customs (BOC) has issued rules for the simplified customs clearance procedures covering consolidated shipment of balikbayan (personal effects) boxes entered through any port of entry, sent to families or relatives...

New rules out on 1-Assessment nationwide implementation

Oct. 17 | The Bureau of Customs (BOC) has released guidelines for the nationwide implementation of 1-Assessment, a web-based queue management application that provides bias-free assessment by randomly assigning appraisers and examiners to filed goods declarations. Customs...

LBC buys into Brunei subsidiaries

Oct. 17 | Philippine-based LBC Express Holdings, Inc. (LBCEHI) has acquired stakes in two of its subsidiaries in Brunei for US$783,769 as it continues to buy into more companies outside the country. In a regulatory disclosure, LBCEHI said that under a share purchase...

DTI, BOC insist: no port congestion, just limited yard space for empties

Oct. 14 | Customs commissioner Isidro Lapeña (left) with Trade Secretary Ramon Lopez talking about “perceptions” of port congestion. Photo courtesy of Bureau of Customs. There is no congestion at Manila ports, Trade Secretary Ramon Lopez announced...

CTAP rules on diversion of empties to common yard

Oct. 14 | THE Confederation of Truckers Association of the Philippines (CTAP) has issued supplemental rules on return of empty containers, specifically when empties should be diverted to the CTAP common yard. CTAP Board Resolution No. 5 series of 2018 states that...

PCC begins review of Udenna takeover of Trans-Asia after notification filed

Oct. 14 | The Philippine Competition Commission (PCC) has started phase one of its review of Udenna Corporation’s takeover of Trans-Asia Shipping Lines following the holding company’s submission of notification on September 21, 2018. Udenna’s acquisition...

Drewry: shippers uneasy about lack of fuel cost transparency ahead of IMO 2020

Oct. 12 | Results of a survey conducted by Drewry showed there is considerable unease among global shippers, beneficial cargo owners (BCO), and freight forwarders ahead of the International Maritime Organization’s 2020 global emissions regulations (IMO 2020),...

Nov 16 seminar to guide businesses on trade planning, customs compliance

Oct. 11 |

IRR of PH strategic goods law requires registration of LSPs

Oct. 10 | The Philippine government has finally released the implementing rules and regulations (IRR) of the Strategic Trade Management Act (STMA), which requires among others the registration of traders, transport companies, and logistics service providers moving...

Order aims to secure BOC’s e2m system from security threats

Oct. 10 | The Philippine Bureau of Customs (BOC) has finally released its user policy on the access of its electronic-to-mobile (e2m) system, defining the bureau’s expectations of users who have been granted access to the system and its other applications. Customs...