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Customs & Trade

Duterte cuts rice import duty, modifies pork tariffs

President Rodrigo Duterte has approved the temporary reduction of tariff rates for imported rice and also further modified the tariffs for imported pork...

Counterfeits, cigarettes top smuggled items seized in Q1

Counterfeit goods, general merchandise, and cigarettes/tobacco were the top smuggled goods in terms of value seized by the Bureau of Customs (BOC) in...

Barcelon named PHILEXPORT chairman

George Barcelon appointed chairman of the Philippine Exporters Confederation, Inc.’s (PHILEXPORT) Board of Trustees this year, replacing Paterno Dizon, who resigned due to...

ARTA drafts circular on single travel pass for cargo trucks

The Anti-Red Tape Authority has drafted a joint memorandum circular prescribing guidelines for implementing the Unified Logistics Pass (ULP), a single pass for...

Subic exports, imports log double-digit growth in first quarter

Exports and imports at Subic Bay Freeport grew 48% and 29%, respectively, in the first quarter of 2021 as compared to the same...

BOC’s cellphone revenue collection grows despite reduced volumes

Improved valuation for taxing mobile or cellular phone (cellphone) imports has resulted in a 27% jump in revenues to P2 billion in the...

PEZA Q1 exports up 15.6%, investments leap 53.9%

Exports by Philippine Economic Zone Authority (PEZA) locators grew 15.63% in the first quarter of 2021 to US$14.93 million year-over-year The PEZA Board...

Importers, customs brokers face criminal raps over P49.3M shipments

The Bureau of Customs has filed criminal complaints against two importers and a customs broker for alleged misdeclaration and unlawful importation of minerals,...

PH fresh okra to enter South Korean market

The Philippines will start exporting okra or lady’s fingers to South Korea for the 2021-2022 season Exports of fresh, green okra pods will...

EO signed raising pork import MAV to 254,210 MT

President Rodrigo Duterte has signed Executive Order No. 133 increasing the MAV of pork meat this year to 254,210 metric tons from 54,210...