Category Archives: Latest News

Reengineering Manual towards efficient Philippine government public service launched

The Anti-Red Tape Authority (ARTA) virtually launched the Reengineering Manual towards Efficient Philippine government services. A reference that supports the whole-of-government approach in streamlining Philippine government systems and procedures in delivering public services. This initiative is the result of a Memorandum of Understanding between the UK Government and ARTA signed last 4 February 2020.
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ARTA launches the Philippine Good Regulatory Principles Manual

The Anti-Red Tape Authority (ARTA) set another milestone as it virtually launches via zoom the Philippine Good Regulatory Principles (PGRP) Manual on 01 July 2021 as a commitment to implement regulations based on the right principles of regulatory management.

Accordingly, these principles are composed of ten guidelines that support the conduct of a Regulatory Impact Assessment (RIA) and strengthen the country’s ease of doing business. All government agencies must implement, as covered by Section 3 of RA 11032. Continue reading ARTA launches the Philippine Good Regulatory Principles Manual

Shippers ordered to ascertain VGM of their containers

Shippers are now responsible for obtaining and documenting the Verified Gross Mass (VGM) of their containers, as ordered by the Philippine Ports Authority (PPA) in AO No. 02-2021.

The Revised Guidelines on the Implementation of Mandatory Weighing of Export Containers (PPA AO No. 02-2021), in compliance with the SOLAS regulations, requires the shippers to verify the gross mass of the packed container by weighing using calibrated and certified equipment or calculating the sum of single masses. Continue reading Shippers ordered to ascertain VGM of their containers

Landbank’s YESAP to aid emerging youth MSME agri-entrepreneurs

The Land Bank of the Philippines is the country’s premier government financial institution which provides services that help promote countryside development while remaining financially viable. One of its major services is to provide credit assistance to small farmers and fisherfolk.

The Yes! to Agriculture Program (YESAP) is a product offered by Landbank to youth (18-35 years old) MSME agri-entrepreneurs to help them to engage in viable and sustainable agribusiness projects such as agricultural and fishery production and trading, processing, servicing, and distribution of agricultural crops and commodities. Continue reading Landbank’s YESAP to aid emerging youth MSME agri-entrepreneurs

BOC urges use of New Certificate of Origin Form D starting 16 June 2021

The Bureau of Customs (BOC) announced that exporters must use the new Certificate of Origin (CO) Form D starting on 16 June 2021. Exporters may access it at the BOC Customer Care Center (CCC) to process their export goods among ASEAN Member States (AMS).

Further, informing stakeholders that starting 01 August 2021, the old CO Form D will no longer be accepted by the AMS. For more details, you may reach the BOC-Export Coordination Division at ecd@customs.gov.ph. – MRJ

BOC implements alternative Prepayment System in addition to PASS5

The Bureau of Customs (BOC) implements an alternative Prepayment System (BPS) to pay duties, taxes and other charges for all goods declaration lodged through the Electronic to Mobile (E2M) system. The BPS in compliance with the Customs Modernization and Tariff Act (CMTA), will only allow Exporters and importers to register an account for transaction payment purposes.  Funds in the said account cannot be withdrawn but can be transferred to other prepayment accounts of the same holder’s name. Continue reading BOC implements alternative Prepayment System in addition to PASS5

Use of existing Broker’s prepaid accounts allowed until 15 June 2021

The Bureau of Customs (BOC) extends the use of existing prepaid accounts until 15 June 2021. Said account is used in paying duties, taxes, and other charges for all goods declaration lodged through the Electronic to Mobile (E2M) system. Accountholders are still allowed to deposit and consume balance in existing prepaid accounts within the said period.

This initiative will also avoid delays on cargo release and give ample time for the stakeholders to comply with the new regulations on prepayments accounts. This announcement is stated in BOC Memorandum issued on 26 May 2021. Continue reading Use of existing Broker’s prepaid accounts allowed until 15 June 2021

Bareboat chartering possible to address lack of vessel spaces

Dr. Enrico Basilio, Chairman of the Export Development Council’s Networking Committee on Transport and Logistics (EDC-NCTL), called for support for bareboat chartering by the Filipino Shipowners Association (FSA) to address the issue of lack of vessel spaces.

Bareboat chartering is defined as leasing an entire vessel under an agreement whereby the lessor only provides the bare vessel. The vessel’s operation is not included in the lease; hence the charterer must arrange for the staffing of the Ship’s Captain and its crew. Continue reading Bareboat chartering possible to address lack of vessel spaces

BDO Kabuhayan loan to aid MSMEs amidst the pandemic

The Micro, Small, and Medium Enterprises (MSMEs) continue to thrive amidst the problematic economic landscape brought about by the ongoing Covid-19 Pandemic.

BDO Network Bank, the rural banking subsidiary of BDO Unibank, Inc., is offering financing opportunities for MSMEs that aim to expand, and at the same time, offer them easy loan payments. Continue reading BDO Kabuhayan loan to aid MSMEs amidst the pandemic

New JMC prompt LGUs not to impose fees and taxes on the transport of goods and products

 

A Joint Memorandum Circular (JMC) was issued to prompt local government units (LGUs) not to impose fees and taxes relative to the transport of goods and products. It is a tripartite effort by the Anti-Red Tape Authority (ARTA), with the Department of the Interior and Local Government-Bureau of Local Government Supervision (DILG-BLGS), and Department of Finance-Bureau of Local Government Finance (DOF-BLGF).
Continue reading New JMC prompt LGUs not to impose fees and taxes on the transport of goods and products