Thursday, December 3, 2020
Tags Department of Finance (DOF)

Tag: Department of Finance (DOF)

P20B revenue eyed from fuel marking program in 2020—DOF

The Department of Finance (DOF) expects to collect P20 billion in revenues in 2020 with the full implementation of the fuel marking system next...

PH fuel marking program implementing rules released

The Bureau of Customs (BOC) has finally released implementing rules for its fuel marking program, which mandates marking and testing of petroleum products under...

Implementation of fuel marking program starts

The Department of Finance (DOF), Bureau of Customs (BOC), and Bureau of Internal Revenue (BIR) conducted August 2 the first live marking of petroleum...

BOC collects P6.5B from rice import duties

Since the Rice Liberalization Act took effect in March this year, the Bureau of Customs (BOC) has collected some P6.5 billion in duties from...

JAO regulating foreign carriers’ charges out in a week or two—DTI chief

The joint administrative order (JAO) that will regulate local charges imposed by international shipping lines servicing the Philippines will be out in one or...

2 fake customs brokers, including ex BOC depcom, arrested for extortion

Two individuals posing as customs brokers and suspected of extorting money from stakeholders in exchange for release of shipments were arrested in a joint...

PDEA to use TradeNet to process 6 firms’ export permits

The Philippine Drug Enforcement Agency (PDEA) will start processing online special export permits of an initial six private firms under the government’s web-based trading...

PH agencies to regulate fees of foreign shipping lines, depots, truckers

Fees charged by international shipping lines, container depot operators, and truckers operating in the Philippines will soon be regulated by government agencies, the move...

Inter-agency order to address high shipping costs, port congestion in PH

Several Philippine government agencies are targeting to issue a joint administrative order (JAO) on February 14 that would contain measures aimed at addressing high...

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BOC-NAIA seizes 28 kilos of rare agarwood worth P2.4M

  Bureau of Customs intercepted in Pasay City three packages containing 28 kilos of agarwood with an estimated street value of P2.4 million All...

Industry expert pushes multimodal transport in ASEAN for cost savings

Multimodal transportation offers reduced costs, saves time and improves shipment monitoring during transit Dealing with customs transit/transshipment procedures of countries a multimodal transport challenge Multimodal...

PH, Indonesia to ink Halal trade deal

The Philippines and Indonesia are set to sign a memorandum of understanding (MOU) on Halal cooperation that will facilitate trade of Halal-certified goods...

Bellyhold shortage hampers Asia’s air cargo market recovery

Regional carriers transported 13% less cargo in October year-on-year even as global business conditions continued to improve Air cargo traffic held back by...