ACT Admin
Biotrade growing exponentially
The trade in sustainable plant and animal products - or "BioTrade" - is growing exponentially, with export values reaching $4.5 billion in 2015 from...
PH Customs Nov collection up 12% over target
The Philippine Bureau of Customs (BOC) surpassed its collection target for November 2016 by 12%, recording earnings of P40.239 billion versus the P36.450-billion revenue...
Final countdown to WTO Trade Facilitation Agreement begins
Dominica and Mongolia have ratified the Trade Facilitation Agreement (TFA), putting the total number of ratifications from members at 100. With just 10 more...
Updated Trade Facilitation Guidance now available
The World Customs Organization has updated the Trade Facilitation Agreement Implementation Guidance, incorporating new tools and instruments and adding more Members’ practices.
The Guidance makes it...
Myanmar’s automated customs system off to a shaky start
The new automated customs system of Myanmar is now up, but not working as smoothly as envisioned, as shippers reported various issues that have...
Customs Modernization and Tariff Act Series 2: Background and History of...
This is the second in a series of articles on the Philippine Customs Modernization and Tariff Act.
For Series 1, click here.
Preliminary Work. Sometime in...
HK exports fall in October after September growth
Hong Kong’s total exports of goods (comprising re-exports and domestic exports) decreased by 1.8% in October from a year earlier to HKD313.7 billion (US$40.4...
Singapore lowers growth cap for 2016, takes modest outlook for 2017
Singapore’s trade ministry has narrowed its growth forecast for the national economy in 2016, citing weak global trade as GDP expansion in the third...
PH customs eyes ASYCUDA World to automate processes
The Philippine Bureau of Customs (BOC) is in discussions to implement by next year ASYCUDA World, the latest version of the Automated System for...
Draft PH customs order revises rules for abandoned goods
The draft customs administrative order (CAO) governing the processing of abandoned goods at Philippine gateways has been released by the Department of Finance (DOF)...
