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Across Borders

Across Borders

RCEP and Free Trade Agreements

Last February 21, 2023, the Philippine Senate ratified the Regional Comprehensive Economic Partnership (RCEP), the largest free trade agreement (FTA) to date.  The agreement...

How PH Customs should Modernize – Part II

Different Setting, Different Customs Model In the Philippines, with customs collections significantly contributing to approximately 15% of national revenue, the role of customs has primarily...

How PH Customs Should Modernize

(This is the first of a two-part series. ) Brief History of Philippine Customs Customs all over the world historically serves as the state “gatekeepers”, taking...

Avoiding Common Importer Mistakes

Unless you are buying a one-off low-value item online, buying offshore for regular importers and for high-value goods is a complex affair. The central...

International Trading Terms – INCOTERMS 2020

Prior to the pandemic, the International Chamber of Commerce (ICC) released its latest INCOTERMS version which took effect in January 1, 2020.  With these...

How to Buy and Source from Abroad

In recent years, digital commerce has grown tremendously and this has greatly affected how people conduct their trading transactions. We all have heard of...

Frequently Asked Questions on Importation

As a result of the pandemic lockdowns, e-commerce has grown exponentially, and many offshore purchases are now done through online sites.  Unfortunately, many first-time...

Introduction to Import Management – Part II

Know the Import and Export Process. Customs process in the Philippines is still partly manual and tedious. In addition, there are import regulations issued...

Introduction to Import Management – Part I

In the Philippines, most importers pay a lot more taxes (indirect taxes) to customs than to internal revenue authorities. The landed cost of importations...

What Will You Buy? How Will You Source?

In recent years, digital commerce has grown tremendously and this has greatly affected how people conduct their trading transactions. We all have heard of...