Category Archives: Latest News

Travel and Tourism competitiveness and resiliency 

The 21st World Travel & Tourism Council (WTTC) Global Summit on 20-22 April 2022, held in Manila, Philippines, is seen as an opportunity to reopen the country to international visitors and to sustain the Travel and Tourism competitiveness and resiliency.

WTTC’s annual Global Summit is the most influential Travel & Tourism event on the calendar. This year, industry leaders gathered with key government representatives to continue aligning efforts to support the sector’s recovery and move toward a safer, more resilient, inclusive, and sustainable future. Discussed in the Summit are the latest travel trends, sustainable investment prospects, regenerative tourism, and seamless travel in a pandemic era, among others. Continue reading Travel and Tourism competitiveness and resiliency 

ARTA launches e-ARTA Complaints Management System

The anti-red tape watchdog officially launched e-ARTA Complaints Management System, the first of its kind in the Philippine government. The launch of the said online platform was the agency’s approach to digitize its services and make them more accessible and convenient to the public. It features an a) electronic ticketing system; b) paperless complaint filing; c) cloud storage for backup; and d) SMS notification for complaints. Continue reading ARTA launches e-ARTA Complaints Management System

Duterte Administration assures utmost effort in mitigating the impact of the Ukraine-Russia Conflict

DOF Secretary Dominguez assures that the Duterte Administration is closely monitoring developments and is doing its utmost to mitigate the impact of oil and food price increases amidst the ongoing Ukraine-Russia conflict.

During the 2022 Philippine Economic Briefing (PEB), Sec. Dominguez reported the Duterte Administration’s socio-economic reforms over the past six years, including the government’s effort to accelerate economic recovery amid the COVID-19 pandemic.  Continue reading Duterte Administration assures utmost effort in mitigating the impact of the Ukraine-Russia Conflict

PHILEXPORT at the forefront for legislative agenda at the 19th Congress

The Philippine Exporters Confederation, Inc. (PHILEXPORT) President Sergio Ortiz-Luis, Jr. reported that the group is at the forefront toward the approval of business and MSME-friendly bills in the 19th Congress, including the Magna Carta for MSMEs; Amendments of the Philippine Ports Authority Charter; Open Access in Data Transmission Act; International Maritime Trade Competitiveness Act; National Quality Infrastructure and Other Agriculture-related bills.  Continue reading PHILEXPORT at the forefront for legislative agenda at the 19th Congress

PRRD ratifies Public Service Act amendment

President Rodrigo Roa Duterte ratified the Public Service Act (PSA) amendment during the ceremonial signing of the law in Malacañang on Monday, 21 March 2022.

This amendment will generate more jobs and lower business costs in the country. The definition of public utilities is limited to industries such as the distribution and transmission of electricity, petroleum and petroleum products, pipeline transmission systems, water pipeline distribution, wastewater pipeline systems, seaports, and public utility vehicles. The above mentioned are the only industries subjected to the 40-percent foreign ownership restriction on public utilities as mandated by the 1987 Constitution. Continue reading PRRD ratifies Public Service Act amendment

PH gears up the ATA Carnet implementation to boost economic recovery

The Philippines gears up the ATA Carnet implementation to boost economic recovery. The  Carnet System grants temporary admission of goods with relief from duties and taxes, simplifying Customs processes. It will particularly benefit the industries in the Tourism Sector, i.e., Meetings, Incentives, Conferences, and Exhibitions (MICE), in cost reduction and simplification of processes for ease of doing business. 
 
The Bureau of Customs (BOC) issued the rules and regulations implementing the system, including the National Issuing and Guaranteeing Association (NIGA) appointment and its duties through CAO 2-2022. Guidelines on the temporary admission include the, i.e., validity period, security and issuance of the Carnets, guarantee and liability of the appointed NIGA, re-exportation rules, payment of claim and refund, goods eligible, and termination of temporary admission following the mandates under the Istanbul Convention. 
Continue reading PH gears up the ATA Carnet implementation to boost economic recovery

PH export continues the bullish trend in 2022

The PH export performance continues to grow from the previous year to the early quarter of 2022. January 2022 exports increased by 8.9%, amounting to USD 6.04B from USD 5.55B in January 2021.

Electronics leads the top five export products, which contributed about US$3.50B with a 58 % share of the total goods in January 2022. Followed by other manufactured goods with 7.5%, Cathodes & Sections of Cathodes with 3.8%, Coconut oil with 3.0%, Ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships at 2.9% share. Continue reading PH export continues the bullish trend in 2022

Zero Backlog Policy, Paigtingin! 3-7-20, Laging Sundin!

ARTA is the government agency mandated to administer, implement, and monitor compliance with the national policy on anti-red tape and the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”.

The strengthened version of the law aims to facilitate prompt actions or resolutions of all government transactions. It applies to all government offices, agencies, and other government instrumentalities, whether located in the Philippines or abroad. Continue reading Zero Backlog Policy, Paigtingin! 3-7-20, Laging Sundin!

EDC and business groups reaffirmed call for Congress to approve Public Service Act amendments

The Export Development Council (EDC), together with the Philippine Chamber of Commerce and Industry (PCCI), Philippine Exporters Confederation, Inc. (PHILEXPORT), and Supply Chain Management Association of the Philippines (SCMAP) reaffirm call for Congress to approve the Public Service Act (PSA) amendments.

The groups highly encourage the Congressional Bicameral Conference Committee to adopt the most liberal provisions between the House and Senate versions in the sectors of (1) airports and seaports, (2) tollways/expressways, (3) air carriers, (4) telecommunications, and (5) public utility vehicles (PUVs).  Continue reading EDC and business groups reaffirmed call for Congress to approve Public Service Act amendments

EDC lauds BOC 10-Point Priority Programs for 2022

The Export Development Council (EDC) lauds the Bureau of Customs (BOC) for laying out their 10-Point Priority Program for 2022 during the Media Fellowship Meeting on 27 January 2022 at the Port Area, Manila and via Zoom Conference. Such programs are geared towards full automation of Customs procedures to eliminate face to face transactions. More importantly, Import and Export-related programs are also highlighted including the full implementation of the Authorized Economic Operator (AEO) Program and enhancement of trade facilitation.

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