ACT Admin
WTO members push for a fisheries subsidies pact by Dec
A number of World Trade Organization (WTO) members are reiterating calls for a fisheries subsidies agreement to be reached by December at the 11th...
Duty-, tax-free privilege for “balikbayan” boxes starts August
After months of delay, overseas Filipino workers (OFWs) and Filipinos residing abroad may start sending August 1 their balikbayan (personal effects) boxes to the Philippines duty-...
PH customs June collection up 14%
The Philippine Bureau of Customs (BOC) posted P35.8 billion revenues in June 2017, a 1.4% increase from the P35.3 billion it collected in the...
Thai exports hit 6-year high on improving global economy
Thailand’s exports in the first half of 2017 have hit a new high, thanks to global economic recovery, according to statistics from the Ministry...
Proposal pushes MSME participation in global trade
World Trade Organization (WTO) members on July 21 took up a proposal which proponents said would facilitate the participation of micro, small and medium-sized...
Myanmar’s foreign trade by sea up $1.3B since April
The value of trade by sea between Myanmar and other countries topped US$6.8 billion from April to mid-July of the current year, or $1.3...
Draft order tackles PH gov’t right of compulsory acquisition for undervalued...
The draft order outlining Philippine guidelines for implementing the government’s right of compulsory acquisition for undervalued shipments has been issued.
The proposed customs administrative order...
China, EU seek to strengthen WTO trade remedy, notification disciplines
China has put forward a new proposal aimed at strengthening World Trade Organization (WTO) disciplines on transparency and due process in anti-dumping and countervailing...
Higher exports improve growth outlook for Asia
Economic growth prospects in developing Asia for 2017 have improved on the back of stronger-than-expected export demand in the first quarter of this year,...
Trade facilitation and revenue generation: PH Customs’ tight balancing act
Much has transpired a year since Philippine Customs Commissioner Nicanor Faeldon assumed the leadership of the Bureau of Customs (BOC) in July 2016.
He came...
