In compliance with the directive of President Bongbong Marcos to reduce transportation costs, the Philippine Ports Authority (PPA) announced the suspension of port rate hikes and bidding under its Port Terminal Management Regulatory Framework (PTMRF) to give way to its pending review.
Continue reading PPA suspends port rate hikes and bidding
The Philippines will renew its special incentive arrangement on the EU GSP+ for competitive advantage. This Generalized Scheme of Preferences (GSP) allows duty-free exports (under 6,000 tariff lines) to the European Union. This enables cheaper entry of Philippine goods into the EU market. Continue reading The Philippines to renew EU-GSP+ in 2023 for competitive advantage
In a joint media statement of the Association of Southeast Asian Nations (ASEAN) released after the inaugural RCEP Ministers’ Meeting last September 18, 2022, the role of the Regional Comprehensive Economic Partnership (RCEP) in ASEAN post- pandemic resurgence has been highlighted. Continue reading ASEAN post-pandemic resurgence seen with RCEP
Nominated to chair the Philippine National Single Window’s (PNSW) Monitoring and Oversight Cluster, the Export Development Council (EDC) shall oversee the coordination of the executive departments and agencies’ participation in and execution of the NSW. The cluster is made up of representatives from various agencies in charge of managing the policies, rules, and standards for approving or granting licenses for the importation and exportation of commodities free from duties and taxes.
Continue reading EDC chairs the PNSW monitoring and oversight cluster
The International Food Exhibition (IFEX) Philippines resumed the onsite trade show after two and half years of lockdown with the pandemic. Daring and creative companies on food exports were recognized during the Katha Awards 2022. Continue reading IFEX Philippines recognizes daring and creative food products in Katha Awards 2022