Customs & Trade

News on customs and trade

DTI cuts PH export targets after COVID impact assessment

• The Department of Trade and Industry adjusted the Philippine export target to US$105 billion by 2022 from the original… Read More

January 23, 2021

BOC revokes accreditation of more than 700 importers, brokers in 2020

The Bureau of Customs revoked the accreditation of 575 importers and 148 customs brokers in 2020 for violating provisions of… Read More

January 22, 2021

BOC forms COVID-19 Importation Unit to hasten vaccines entry

Covax Importation Unit created to ensure speedy processing and monitoring of imported COVID-19 vaccines Bureau of Customs’ one-stop shop at… Read More

January 22, 2021

Nissan shuts down PH assembly plant

Nissan will cease assembly operations for Nissan’s Almera model The Nissan decision follows closely that of Honda and Isuzu, highlighting… Read More

January 22, 2021

BOC guides exporters on payment of penalties for errors

Assessment and Operations Coordinating Group Memo No. 281-2020 contains rules on payment by exporters of penalties for clerical errors, misdeclaration,… Read More

January 22, 2021

BOC collects P1B from auctions in 2020

The Bureau of Customs disposed of 3,514 overstaying containers and collected P1.077 billion from auctions in 2020 The auction revenue… Read More

January 21, 2021

BOC preps for expedited release of vaccine imports

The Bureau of Customs (BOC) has begun preparations to facilitate entry of approved COVID-19 vaccines into the country BOC collection… Read More

January 20, 2021

BOC bids out P240M consulting services for modernization project

The Bureau of Customs is looking to engage consulting firms to help execute and implement the Philippines Customs Modernization Project… Read More

January 19, 2021

BOC order sets guidance on automated bonds management system adoption

Recently issued Customs Memorandum Order No. 30-2020 provides guidelines for implementation of the Automated Bonds Management System (ABMS) for general… Read More

January 19, 2021

Cebu container pullout order exempts domestic port transfers

Pullout of containers from the Cebu International Container Port for transfer to domestic baseports and container yards within the port… Read More

January 19, 2021
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