ACT Admin
WTO goods index dips but may be bottoming out as supply...
Supply disruptions have dampened the strength of the rebound in global merchandise trade, but this could be starting to change as supply...
ASEAN launches customs transit system for simplified intra-regional goods movement
Launched on Nov 30, the ASEAN Customs Transit System (ACTS) is an online system that allows businesses to lodge e-transit declarations directly...
ASEAN commits to seamless flow of essential goods during pandemic
ASEAN member economies have agreed not to impose restrictive trade measures on essential goods and supplies in the region during the pandemicThey...
PH Customs implements ASEAN self-certification scheme
The Philippine Bureau of Customs (BOC) has laid out guidelines to execute the newly enforced self-certification scheme within the Association of Southeast...
PH Customs issues rules on seizure, forfeiture proceedings
The Philippine Bureau of Customs (BOC) has issued an order covering seizure and forfeiture proceedings and its appeal...
UNCTAD forecasts 20% drop in trade in 2020
International trade in goods is expected to continue its nosedive in the coming months as economies struggle to recover from lockdown measures...
Airfreight market takes sharpest dive ever in April
The global air freight markets in April 2020 posted a 27.7% decline in demand—its sharpest fall ever recorded—compared to the same period...
WTO goods barometer flashes red as COVID-19 disrupts world trade
The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts...
Cambodia’s Air Cargo Control Unit seizes misdeclared COVID-19 test kits
The Air Cargo Control Unit at Phnom Penh airport in Cambodia recently detected a shipment from Hong Kong...
PH eyes tariffs to boost COVID war chest
The Philippine government is considering imposing tariff on certain import goods to raise revenues amid the coronavirus (COVID-19) pandemic, according to Trade...