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PH Customs issues order on tax, duty-free imports of overseas workers

As prescribed under the Customs Modernization and Tariff Act (CMTA), the Philippine Bureau of Customs (BOC) has signed the order implementing conditional tax and...

Customs Modernization and Tariff Act Series 4: Title 1-Preliminary Provisions

For Series 1, click here. For Series 2, click here. For Series 3, click here. Title I of the Customs Modernization and Tariff Act (CMTA) has four chapters: Chapter 1...

Customs Modernization and Tariff Act Series 3: New Concepts and Revised...

For Series 1, click here. For Series 2, click here. We have previously mentioned that while the initial draft of the Customs Modernization and Tariff Act...

WTO members agree on reforms for trade policy reviews, monitoring

World Trade Organization members have agreed on reforms to further improve the review of members’ trade policies and practices and the monitoring of the...

Vietnam eyeing 6 more FTAs

Vietnam has signed 10 free trade agreements (FTAs) thus far and is looking to close six more, the government said in a report sent...

Declining trade value amid volume growth alarming, says UNCTAD

The falling value of world trade in goods and services even as the global economy grew in 2015 gives cause for concern, said a...

Vietnam customs revenue collection exceeds 93%

The revenue collection of Vietnam’s General Department of Customs has reached VND252.508 trillion (US$11.094 billion) as of December 15, 2016. This is equal to 93.31%...

WCO embarks on groundwork for HS 2022

Even as the Harmonized System (HS) 2017 Edition enters into force early next year, the World Customs Organization (WCO) has already begun working on...

Vanuatu celebrates 15 years of automated customs

Meeting with other customs officials in a UN meeting room on a frosty European winter's day, Ben Malas is a long way from his...

Canada ratifies WTO Trade Facilitation Agreement

Canada has ratified the Trade Facilitation Agreement (TFA), making it the 103rd World Trade Organization (WTO) member to do so. Only seven more ratifications...