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BOC launches Cargo Targeting System; no penalties yet for non-compliance

BOC launches Cargo Targeting System; no penalties yet for non-compliance

Oct. 18 | Customs commissioner Rey Leonardo Guerrero at the launch of the Cargo Targeting System on Oct 16. Photo from the Bureau of Customs. The Bureau of Customs (BOC) launched on October 16 the Cargo Targeting System (CTS), a World Customs Organization (WCO)...

Port of Cebu cargo-handling charges rise 5% from Oct 19

Port of Cebu cargo-handling charges rise 5% from Oct 19

Oct. 18 | In the first quarter of 2019, Cebu port handled 102,282 twenty-equivalent units, a 19.6% growth from 85,521 TEUs in the same period last year. Phto from cargo-handling operator Oriental Port and Allied Services Corp. The Cebu Port Authority (CPA) began...

BOC Davao rolls out online goods declaration verification program

BOC Davao rolls out online goods declaration verification program

Oct. 17 | Effective October 8, the Bureau of Customs-Port of Davao began implementing Goods Declaration Verification System, a web-based queue management system that allows stakeholders to get real-time updates on the status of their goods declaration. Photo from...

BOC authorizes 30% hike in rates of CBWs in NAIA

BOC authorizes 30% hike in rates of CBWs in NAIA

Oct. 15 | New service, storage and other charges of customs bonded warehouses operating in the Ninoy Aquino International Airport complex under Customs Administrative Order 14-2019. The Bureau of Customs (BOC) has approved a 30% increase in rates for service, storage,...

BOC unveils new rules on operation of CBWs

BOC unveils new rules on operation of CBWs

Oct. 15 | Image courtesy of photoraidz at FreeDigitalPhotos.net New Bureau of Customs (BOC) guidelines on the establishment, operation, supervision, and control of customs bonded warehouses (CBWs) are out. Customs Administrative Order (CAO) No. 13-2019, signed...

PH geared to join ASEAN Single Window by Nov, says DOF

PH geared to join ASEAN Single Window by Nov, says DOF

Oct. 15 | Image by mcmurryjulie from Pixabay The Philippines is expected to join the Association of Southeast Asian Nations (ASEAN) Single Window (ASW) before yearend, its participation in the regional initiative expected to provide businesses the benefits of less...

3pm new cut-off time for filing goods declaration, SAD

3pm new cut-off time for filing goods declaration, SAD

Oct. 15 | Image by William Iven from Pixabay The Bureau of Customs (BOC) is now implementing a 3 p.m. cut-off time for filing the goods declaration (GD) and single administrative document (SAD). The cut-off time was implemented starting October 1 after it was observed...

BOC regulations on transit of goods established

BOC regulations on transit of goods established

Oct. 14 | Image by mohamed Hassan from Pixabay The Bureau of Customs (BOC) has issued rules on transit of goods in customs territories. Customs Administrative Order (CAO) No. 15-2019 covers the movement within customs territory of foreign goods for outright export,...

BOC sets new transshipment rules effective early Nov

BOC sets new transshipment rules effective early Nov

Oct. 14 | Image by Ravinshu Ranjan from Pixabay The Bureau of Customs (BOC) has issued guidelines on the movement, transfer and clearance of transshipment goods effective early November. Customs Administrative Order (CAO) No. 12-2019, signed by Finance Secretary...

PH slips 8 slots in global competitiveness index

PH slips 8 slots in global competitiveness index

Oct. 14 | The Philippines dropped eight notches to 64th place out of 141 economies in the World Economic Forum’s (WEF) 2019 Global Competitiveness Report. The annual report–which uses a distance to frontier (DTF) approach that evaluates performance against...