Saturday, January 11, 2025
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ACT Admin

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Vietnam AEOs contribute $94B to impex revenue

Vietnam’s Authorized Economic Operators (AEOs) brought in US$94 billion to the country’s aggregate import-export turnover in 2016, representing 26.8% of the overall figure of...

PH revives plan to require pre-shipment inspection on containers

The Philippine Bureau of Customs (BOC) is again holding public consultations on extending the coverage of the load port survey (LPS) or pre-shipment inspection...

ICC calls for UN action to address trade finance gap

Short-term financing is an essential tool to support the growth of small businesses and to enable sustainable development, yet research points to a growing...

Trade facilitation is key to attracting FDI – new report

A new report from the Global Alliance for Trade Facilitation — a public-private partnership comprising International Chamber of Commerce, the World Economic Forum and the...

Now’s the time for ocean shippers to digitize, says INTTRA

Digitization is rapidly transforming the ocean container shipping industry, according to INTTRA, the world’s ocean shipping electronic marketplace. In a new whitepaper-- Blueprint 2032: How...

PH Customs sets rules for clearance of postal matters

The Philippine Bureau of Customs (BOC) has released rules on the clearance process for postal items, as prescribed under the Customs Modernization and Tariff...

WCO Data Model undergoing updates to ensure interoperabililty of cross-border regulatory...

The Data Model Projects Team recently met to carry out maintenance on the World Customs Organization (WCO) Data Model, keep it up to date...

Revised PH Customs draft order prescribes rules for accrediting VASPs

A revised draft customs administrative order (CAO) covering the accreditation and regulation of information processors—also known as value-added service providers (VASPS)—has been released by...

PH Anti-Agricultural Smuggling Act IRR takes effect in June

The Philippine Bureau of Customs (BOC) has released the implementing rules and regulations (IRR) of the Anti-Agricultural Smuggling Act of 2016, which takes effect...

Higher growth for APEC economies seen in the near term

New trade and growth data offer positive signs for the Asia-Pacific region, where forecasts for the near term have climbed up slightly from last...