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Customs & Trade

BOC moves to seize ship that drifted into Bohol Sea

May 7, 2024

The Bureau of Customs Port of Cagayan de Oro on May 3 issued a warrant of seizure and detention against a vessel found...

Tupi IT Park named special economic zone

May 7, 2024

President Ferdinand R. Marcos Jr. has designated Tupi Information Technology Park in Tupi, South Cotabato as a special economic zone Signed on May...

Ratification of PH, SoKor FTA seen this year

May 7, 2024

President Ferdinand Marcos, Jr. expects the Philippines and South Korea to ratify their free trade agreement this year The Philippines is also negotiating...

CCBI seeks lifting of BOC sanctions vs 80 members

May 7, 2024

The Chamber of Customs Brokers, Inc. is requesting the Bureau of Customs Revenue Collection Monitoring Group to lift the suspension, cancellation, or revocation...

BOC surpasses April revenue target by 4.11%

May 6, 2024

The Bureau of Customs surpassed its revenue collection target in April 2024 by 4.11%, taking in P80.822 billion versus the P77.630-billion goal For...

BOC Port of Cebu exceeds April target by 5%

May 3, 2024

The Bureau of Customs-Port of Cebu surpassed its April revenue target by 5% The port collected P4.074 billion against its target of P3.880...

PH, UAE to start talks on economic partnership

May 3, 2024

The Philippines and the United Arab Emirates will start discussions on a Comprehensive Economic Partnership Agreement next week The first round of negotiations...

BOC to set up TWG to identify supply chain bottlenecks

May 2, 2024

The Bureau of Customs is establishing a technical working group that will implement time release studies in its ports The studies will identify...

Local sales of goods from ecozones may be covered by paper-based CO

April 26, 2024

Domestic sales of goods manufactured in economic zones/freeport zones in a customs territory may be covered by paper-based certificate of origin Form D...

P30B needed to develop deep-water ports

April 25, 2024

The Philippine Fisheries Development Authority needs P30.1 billion to upgrade over a dozen regional and subregional seaports into deep-water ports The four-year program...