NEWS

 

BOC Issues Operational guidelines for foreign ships Co-Loading Act Export Development Council July 11, 2016 The Bureau of Customs has released guidelines to operationalize some sections of the implementing rules and regulations (IRR) of the Foreign Ships Co- Loading Act. Customs Memorandum Order (CMO) No. 16-2016 was signed by Commissioner
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DTI looks to resolve ‘burdensome’ trade regulations Business Mirror July 6, 2016 THE Department of Trade and Industry (DTI) led the call to repeal “burdensome” nontariff measures (NTMs) identified in a study conducted by the International Trade Centre (ITC) in a  roundtable held at the Peninsula Hotel on June 29.
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Improving access to trade finance Business Mirror July 6, 2016 THE newly approved Philippine Export Development Plan (PEDP) includes improving access to trade finance as one of the strategies for export growth and development. Based on the country’s Global Competitiveness Index for 2015, access to finance remains one of the
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DTI pushes for global marketing of the country’s design services Business Mirror July 5, 2016 THE Export Marketing Bureau (EMB), in cooperation with the Philippine Trade and Investment Center (PTIC)-Tokyo, is pushing the global marketing of design services through the organization of one-on-one business matching, market sensing and networking activities,
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Aquino approves law on Customs Modernization Export Development Council June 27, 2016 President Benigno S. Aquino recently signed Republic Act 10863 or the Customs Modernization and Tariff Act (CMTA). The CMTA enables full customs automation and will make it easier for exporters, importers and traders to comply with complex customs
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Measure to promote HALAL export signed into law Export Development Council June 27, 2016 President Benigno S. Aquino recently signed Republic Act 10817 or the Philippine Halal Export Development and Promotion Act to establish a comprehensive program for the development and promotion of Halal exports. The Philippine Halal Export Development
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Joint Department Order to implement Co-Loading Act Export Development Council June 27, 2016 Joint Department Administrative Order No. 001 s.2016 was issued last May 16 for the implemen-tation of the Foreign Ships Co-Loading Act or Republic Act No. 10668, also known as the amended Cabotage Law. The Secretaries of the
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Export Development Council seeks DBM support for PEDP projects of agencies Export Development Council June 27, 2016 The Export Development Council (EDC) endorsed the Programs, Activities, and Projects (PAPs) to the Department of Budget and Management (DBM) to support the requests of the concerned agencies for budget allocation for 2016
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Sharp to Supply Solar Systems to Philippines, Indonesia Projects Bloomberg News June 30, 2016 Sharp Corp., a Japanese photovoltaic panel maker, plans to supply solar-power generation systems for projects in the Philippines, Mongolia and Indonesia. Osaka-based Sharp is exploring ways to revamp its solar business after the Foxconn Technology Group
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Drought in Vietnam Holds Back Growth as Farming Takes Knock Bloomberg News June 28, 2016 Economic growth in Vietnam was little changed in the second quarter as a crippling drought hurt farming output and demand for exports weakened. Gross domestic product rose 5.6 percent from a year earlier after expanding
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