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Fake tobacco suppliers shift to producing counterfeit brands in PH

Fake tobacco suppliers shift to producing counterfeit brands in PH

Dec. 13 | Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) and Bureau of Internal Revenue (BIR) to work with their counterparts in China to stop the illicit entry in the Philippines of cigarette-making machines used to manufacture...

Cebu Pacific launches Cebu-Macau direct run

Cebu Pacific launches Cebu-Macau direct run

Dec. 13 | Low-cost Philippine carrier Cebu Pacific has launched a new route linking Cebu and Macau, providing another access point to China’s Pearl River Delta. The direct flights between Cebu and Macau started last December 7, with a weekly frequency of Mondays,...

90% of Alae Bypass Road connecting Misamis Oriental and Bukidnon complete

90% of Alae Bypass Road connecting Misamis Oriental and Bukidnon complete

Dec. 13 | When completed, the Alae Bypass Road will divert traffic along the busy Sayre Highway, Puerto-Alae Section, and serve as an alternate road going to Mindanao Container Terminal in Tagoloan, where cargo trucks coming from Bukidnon will be catered to directly. The...

UNCTAD warns ports not prepared for climate change

UNCTAD warns ports not prepared for climate change

Dec. 12 | The United Nations Conference on Trade and Development (UNCTAD) says ports are not ready to cope with the projected impacts of climate change, a situation that has import on the trade and sustainable development goals of all nations. UNCTAD’s chief...

BOC tightens controls on goods declaration lodgement, valuation

BOC tightens controls on goods declaration lodgement, valuation

Dec. 10 | The Bureau of Customs (BOC) has issued new directives on the lodgement of goods declaration and on valuation to improve revenue collection efficiency and ease port congestion. According to Customs Memorandum Order (CMO) No. 25-2018, dated and signed by...

Harbor Star to deploy tug, barge for Cavite Gateway Terminal

Harbor Star to deploy tug, barge for Cavite Gateway Terminal

Dec. 10 | The 32-meter MV Crest Opal, Harbor Star Shipping’s 44th tugboat, has a 3,200-brake horse power, while Crest 2801 is a 280-foot, 6,000-deadweight tonnage barge, the company’s eighth. Photo courtesy of Harbor Star. Harbor Star Shipping Services,...

Enhancements for BOC’s 1-Assessment ready

Enhancements for BOC’s 1-Assessment ready

Dec. 10 | The Bureau of Customs (BOC) is set to launch this month fixes for bugs and updates for 1-Assessment. 1-Assessment is the web-based queue management app that provides bias-free assessment by randomly assigning appraisers and examiners to declared goods...

Lorenzo Shipping widens loss in first nine months to P188.9M

Lorenzo Shipping widens loss in first nine months to P188.9M

Dec. 10 | Philippine domestic carrier Lorenzo Shipping Corporation (LSC) reported a higher net loss of P188.9 million in the first nine months of 2018 compared to the P119.5 million net loss sustained in the same period in 2017. Revenues went down 19.7% to P1.337...

PSA reports 10th straight month of strong manufacturing output

PSA reports 10th straight month of strong manufacturing output

Dec. 10 | For the 10th straight month, the Philippine manufacturing sector posted increases in both volume and value in October 2018, according to the Philippine Statistics Authority (PSA). In its latest Monthly Integrated Survey of Selected Industries (MISSI),...

Batangas, CDO win APEC green port awards

Batangas, CDO win APEC green port awards

Dec. 10 | The Philippine Ports Authority (PPA) is stepping up its “green port” initiatives at the ports it manages after the ports of Batangas and Cagayan de Oro were conferred the Green Port Award System (GPAS) awards by the Asia-Pacific Economic Cooperation...
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