The Bureau of Customs (BOC), led by Customs Commissioner Yogi Filemon Ruiz, formally launched the portal for the electronic exchange of ASEAN Customs Declaration Documents (ACDD) among Association of Southeast Asian Nations members on 6 December 2022 at the F1 Hotel Bonifacio Global City in Taguig City.
Commissioner Ruiz underscores that through the ACDD Management Portal, the Philippines can now electronically exchange the customs declaration document with other ASEAN states, broadening the Philippines’ economic integration and maximizing the potential of intra-ASEAN trade. Launching this landmark digital tool is expected to improve bureaucratic efficiency, strengthen market competition, and reduce barriers to entry and limits to entrepreneurship.
Continue reading The Bureau of Customs launched the ACDD Portal
The Department of Finance (DOF) and the Department of Information and Communications Technology (DICT) clarify their specific roles in the TradeNet. The Anti-Red Tape Authority (ARTA) led by Sec. Ernesto V. Perez, together with Undersecretary Dennis P. Villorente of the DICT, Assistant Secretary Dakila Elteen M. Napao and Director Angelica I. Sarmiento of the DOF, and representatives from the Bureau of Customs and Presidential Management Staff met on a meeting last 04 November 2022, the two agencies explained their respective issues on the draft Memorandum of Agreement (MOA).
Through the Port Terminal Management Regulatory Framework (PTMRF), the Philippine Ports Authority (PPA) implemented the separation of its regulatory and operational functions by privatizing port operations.
Trade Sec. Alfredo E. Pascual led the opening of the 18th National Biotechnology Week with the theme: “Responding to the Challenges, Business Opportunities in Biotechnology.” last 21 November 2022 at the Philippine Trade Training Center (PTTC). In his keynote, he underscores that Science, technology, and innovation are keys to moving the country toward an advanced, inclusive, and resilient future. This week-long celebration of biotechnology takes on a special meaning as the pandemic brought into sharp focus the promising role that this branch of science can play.
Exporters can take advantage of new opportunities at the AMBIENTE Consumer Goods Trade Fair, the largest and leading international trade fair and the world’s number one in products associated with dining, cooking, household items, furnishings and ornaments, interior design, gifts, jewelry, and fashion accessories from 3 to 7 February 2023 at Messe Frankfurt, Germany. Messe Frankfurt is in action to fulfill its mission to promote the economy by creating new platforms in the Global Consumer Goods Industry.
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.
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.
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.
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.