Customs Commissioner John Phillip P. Sevilla has announced the suspension of the implementation of the BOC stuffing policy nationwide as provided in Sec. 16 of CMO 22-2010 or the Revised Port Operations Manual. The suspension does not include the stuffing inspection system that has been in place for exporters using bonded warehouses and in economic zones.
MANILA, Philippines - The Philippine Chamber of Commerce and Industry (PCCI) backs the price challenge to be conducted by the Bases Conversion and Development Authority (BCDA) for the management, operation and maintenance of the Subic-Clark-Tarlac Expressway (SCTEX), citing that such promotes fair competition.
MANILA, Philippines - The Philippine Chamber of Commerce and Industry (PCCI) plans to encourage firms from countries outside of the Association of Southeast Asian Nations (ASEAN) to consider the Philippines as a manufacturing hub for products for export to the region.
The Bureau of Customs (BOC) under is now requiring the presence of Customs personnel (Stuffing Inspector, under the Container Control Division or the CCD) to monitor the stuffing of containers in factories/warehouses as mandated in Sec. 16, paragraph B, 1, 1.1 of Customs Memorandum Order 22-2010 or the Revised Customs Port Operations Manual.
MANILA - Israeli companies last week held a two-day trade mission to the Philippines in search for business opportunities in the water and agriculture sectors.
Very soon, various trade barriers that have been in effect for decades will no longer be there. The ASEAN Economic Community (AEC), which will see the Philippines’ integration should be an exciting prospect for us, but are we really fully primed for it? If our business leaders see the ASEAN Free Trade Agreement as a feat, there are still other goals that we need to meet if we are truly going to be a competitive player in global trade and commerce.