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PH second top export performer in East Asia with sales of $70B in 2019

PH second top export performer in East Asia with sales of $70B in 2019

Feb. 17 | Trade secretary Ramon Lopez Philippine exports reached a record high of US$70.3 billion in 2019 from $69.3 billion last year despite external headwinds arising from global trade policy uncertainties, geopolitical tensions, and country-specific challenges,...

BOC fast-tracks release of imported face, surgical masks from PH ports

BOC fast-tracks release of imported face, surgical masks from PH ports

Feb. 14 | The Bureau of Customs (BOC) is ensuring that imported face/surgical masks are promptly processed and released in view of high demand for them due to the coronavirus disease (COVID-19) outbreak globally. BOC said it has been expediting the processing and...

BOC misses 2019 revenue target

BOC misses 2019 revenue target

Feb. 14 | Nine of the 17 customs collection districts have hit their revenue targets for 2019, according to the Bureau of Customs (BOC). These ports were Limay with P56.332 billion; Cagayan de Oro with P34.540 billion; Subic with P32.373 billion; San Fernando with...

BOC’s first one-stop shop for centralized document processing launched

BOC’s first one-stop shop for centralized document processing launched

Feb. 12 | The Bureau of Customs (BOC) inaugurated its first Customs Care Center (CCC), a one-stop shop at the Port of Manila that provides services such as centralized document receiving and releasing, payment processing and gate pass issuance. “The launching...

PH trade recovers in Dec with 2.4% growth; imports down, exports up

PH trade recovers in Dec with 2.4% growth; imports down, exports up

Feb. 11 | The Philippines’ total merchandise trade recorded an increase in December 2019 after registering eight consecutive months of decline since April 2019, data from the Philippine Statistics Authority (PSA) showed. Total external trade in goods in December...

BOC revives plan for voluntary pre-shipment inspection of containers

BOC revives plan for voluntary pre-shipment inspection of containers

Feb. 10 | The Bureau of Customs (BOC) is planning to adopt a voluntary pre-shipment inspection (PSI) for containerized cargoes this year in a bid to minimize smuggling. BOC assistant commissioner and spokesperson Atty. Vincent Philip Maronilla, in a recent stakeholders’...

PH port agencies, stakeholders brace for coronavirus fallout on cargoes, supply chain

PH port agencies, stakeholders brace for coronavirus fallout on cargoes, supply chain

Feb. 10 | Philippine port authorities and cargo transport service providers are anticipating a slowdown in ship calls, reduction in cargo volumes and higher costs as a result of the global outbreak of the novel coronavirus disease (2019-nCoV). Shipments of semiconductors...

Improved version of NVVS for adoption this year

Improved version of NVVS for adoption this year

Feb. 10 | Customs commissioner Rey Leonardo Guerrero (3rd from left) and Import Assessment Service director Yasser Ismail Abbas (4th from left) during the June 2019 launch of computer projects, including the NVVS The Bureau of Customs (BOC) will continue to implement...

BOC orders e-tracking of cargoes in transit

BOC orders e-tracking of cargoes in transit

Feb. 8 | The Bureau of Customs (BOC) will implement a system that will track the inland movement of containerized cargoes during transit and transfer to other customs territories and facilities. The web-based Electronic Tracking of Containerized Cargo (E-TRACC)...

BOC lists 9 trade facilitation initiatives for activation this year

BOC lists 9 trade facilitation initiatives for activation this year

Feb. 6 | Bureau of Customs assistant commissioner Atty. Vincent Philip Maronilla during a presentation in a stakeholders’ forum on February 4 The Bureau of Customs (BOC) has identified nine policies for implementation this year to help facilitate trade and...