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Customs & Trade

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Latest news on customs and trade

Exports raise PH cargo volumes by 1.2% in first quarter

Cargo volume at Philippine ports grew 1.2% in the first quarter of…
  • May 20, 2021
  • 3 minute read

Lorenzo Shipping net loss drops 61% in 2020, recovery ‘in full swing’

Domestic carrier Lorenzo Shipping Corp.’s (LSC) net loss of P68.25 million in…
  • May 19, 2021
  • 2 minute read

Duterte cuts rice import duty, modifies pork tariffs

President Rodrigo Duterte has approved the temporary reduction of tariff rates for…
  • May 17, 2021
  • 3 minute read

Counterfeits, cigarettes top smuggled items seized in Q1

Counterfeit goods, general merchandise, and cigarettes/tobacco were the top smuggled goods in…
  • May 17, 2021
  • 2 minute read

Barcelon named PHILEXPORT chairman

George Barcelon appointed chairman of the Philippine Exporters Confederation, Inc.’s (PHILEXPORT) Board…
  • May 17, 2021
  • 2 minute read

ARTA drafts circular on single travel pass for cargo trucks

The Anti-Red Tape Authority has drafted a joint memorandum circular prescribing guidelines…
  • May 14, 2021
  • 3 minute read

Subic exports, imports log double-digit growth in first quarter

Exports and imports at Subic Bay Freeport grew 48% and 29%, respectively,…
  • May 12, 2021
  • 3 minute read

BOC’s cellphone revenue collection grows despite reduced volumes

Improved valuation for taxing mobile or cellular phone (cellphone) imports has resulted…
  • May 12, 2021
  • 3 minute read

PEZA Q1 exports up 15.6%, investments leap 53.9%

Exports by Philippine Economic Zone Authority (PEZA) locators grew 15.63% in the…
  • May 12, 2021
  • 2 minute read

Importers, customs brokers face criminal raps over P49.3M shipments

The Bureau of Customs has filed criminal complaints against two importers and…
  • May 12, 2021
  • 2 minute read