Monday, November 25, 2024
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ACT Admin

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All PH ports to adopt BOC’s 1-Assessment on Oct 15

The Bureau of Customs (BOC) will implement the second phase of 1-Assessment, its electronic system for processing and monitoring import goods declaration, at all...

PH Customs reissues order to form unit on tariff reduction availment...

The Bureau of Customs (BOC) reiterated its directive to officials to establish, activate, or reconstitute a preferential rate unit (PRU) in their ports to...

PH finance department working on harmonizing commodity codes

Starting this month,the Philippine Department of Finance (DOF) will work with various trade regulatory government agencies (TRGAs) in a series of tariff harmonization and...

PH inks ASEAN protocols amending ATIGA, boosting services sector

Association of Southeast Asian Nations (ASEAN) economic ministers (AEM) have signed the First Protocol to amend the ASEAN Trade in Goods Agreement (ATIGA), a...

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...

PH Lower House approves agricultural tariffication bill

The House of Representatives approved on third and final reading House Bill (HB) No. 7735, which seeks to liberalize rice imports by replacing quantitative...

PH Customs lines up various automation projects

The Philippines' Bureau of Customs (BOC) Management Information System and Technology Group (MISTG) has programmed short- and medium-term automation projects to modernize the agency’s...

PH Customs’ GPS system for containers in-transit now on its dry...

The Philippine Bureau of Customs (BOC) is pilot-testing a GPS-based container tracking system to make sure containers in transit are transferred only to the...

The Trade Compliance Profession

Except for a brief stint in government, I have been in the trade compliance profession for more than 15 years. In all those years,...

PH Customs to replace advanced manifest system with WCO version

The Philippine Bureau of Customs (BOC) is set to introduce a new system to replace its advanced manifest system (AMS), whose implementation is currently...