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BOC officially receives xray machines donated by China
Jan. 24 | China has officially turned over to the Bureau of Customs (BOC) its donation of four mobile container vehicle inspection systems and two computerized tomography (CT) scan inspection systems. The inspection systems, which were handed over on January 21,...
BOC donates over 5,700 boxes of seized goods for Taal evacuees
Jan. 24 | Bureau of Customs (BOC)-Port of Manila donates forfeited canned goods to the Department of Social Welfare and Development on January 22, 2020. Photo from BOC. The Bureau of Customs (BOC) has handed over thousands of boxes of sausages seized two years...
PH economy grows 6.4% in Q4, misses FY 2019 target
Jan. 24 | The Philippine economy grew 6.4% in the fourth quarter of 2019, bringing growth for the full year to 5.9%, the lowest in eight years, the Philippine Statistics Authority (PSA) reported. Last year’s full-year gross domestic product (GDP) was also slightly...
7 House bills push for CMTA amendment
Jan. 23 | Seven bills have been filed in the House of Representatives (HOR), six of which seek to amend certain sections of the Customs Modernization and Tariff Act (CMTA) to support the improvement and modernization of the Bureau of Customs’ (BOC) processes,...
East Asia’s growth to moderate to 5.2% in 2020-21 — UNCTAD report
Jan. 23 | Image by Pexels from Pixabay Against an increasingly challenging external environment, East Asia is projected to grow at a more moderate pace of 5.2% in 2020 and 2021, with downside risks to the growth outlook intensifying, according to a new report from...
BOC post-audit group collects P2B in 2019; fuel firms among next auditees
Jan. 23 | Image by mohamed Hassan from Pixabay The Bureau of Customs (BOC) Post-Clearance Audit Group (PCAG) collected P2.051 billion in 2019 all as a result of the Prior Disclosure Program (PDP). This year it aims to collect double that amount as it prepares to...
PH no longer requires radiation, origin certificates for Japanese goods
Jan. 21 | Fukushima pears image by Eugenio Cuppone from Pixabay The Department of Agriculture (DA) has lifted additional import requirements on Japanese commodities. Agriculture Secretary William Dar, in Memorandum Order (MO) No. 01 series of 2020 dated January...
EO inked on new tariff rates under ASEAN-HK trade deal
Jan. 21 | President Rodrigo Duterte has signed an executive order (EO) modifying the import duty rates on certain articles in order to implement Philippine tariff commitments under the free trade agreement (FTA) between Hong Kong and the Association of Southeast...
Nueva Ecija warehouse raid yields equipment, P1B in fake cigarette brands
Jan. 21 | Cigarette-making machines and other equipment believed to be used in making counterfeit cigarettes inside a warehouse raided by BOC on January 18. The Bureau of Customs (BOC) has raided a warehouse in Cabiao, Nueva Ecija suspected of being a base for...
