As the global economy opens with the resumption of International Trade Shows, the Export Development Council (EDC) receives a surge in endorsement of Travel Tax Exemption (TTE) applications for participation in international events. The EDC has endorsed five hundred fourteen applications (514) to the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the period January to August 2023. This is a solid proof that we are now in the New or Next Normal. It reflected a significant increase compared to the previous years of 2020-2022 due to the pandemic. In 2022, only a total of forty-one (41) applications were endorsed by the EDC from the same period as of this year. The TTE applications are expected to increase further in the last quarter of 2023. Continue reading → EDC surge endorsement of Travel Tax Exemption as global economy opens

ARTA Secretary Ernesto V. Perez led the launching ceremony of the 2023 Philippine Regulatory Impact Assessment (RIA) Training Workbook on August 15, 2023, at the Novotel Manila.

The RIA Training Workbook is a comprehensive guide for implementing government agencies, including their respective offices and exporters, enabling them to carry out and embrace the RIA process effectively. The workbook offers systematic instructions, equipping them with essential knowledge and tools to navigate regulatory requirements, optimize efficiency, and foster an environment conducive to growth.  Continue reading → 2023 PH (RIA) Training Workbook to foster regulatory efficiency

PBBM welcomed the public-private sector collaboration to develop the e-vehicle industry in the country during the Private Sector Advisory Council (PSAC) Job Sector Groups (JSG) Meeting on 17 August 2023.

With this collaboration, this could help the PH exporters as they can potentially export locally manufactured electric vehicles and EV components to other countries. As global demand for electric vehicles grows, there may be opportunities for Philippine manufacturers to tap into international markets. Continue reading → PBBM embraces public-private collaboration to develop PH as key player in e-vehicle industry

The Micro, Small and Medium Enterprise (MSME) Guide to Disaster Resilience book was launched to have a better understanding of the basic concepts of disaster risk education and management, and business continuity practices.

This book serves as a reference material for MSMEs) for future disaster awareness and management. It also includes sample toolkits and exercises which can help MSMEs develop their own emergency preparedness and business continuity plans. Continue reading → MSME Guidebook for Disaster Resilience launched!  

EDC welcomes Mr. Eli M. Remolona Jr. as the new Governor of the Bangko Sentral ng Pilipinas (BSP) and Council member in place of former Gov. Felipe M. Medalla as the Presidential Communications Office announced his appointment on 23 June 2023.

Gov. Remolona brings his extensive experience in central banking, economic policy, international finance, and financial markets to the agency. Before he was appointed BSP Governor, he was a Professor of Finance and Director of Central Banking at the Asia School of Business in Kuala Lumpur. He taught courses on monetary policy, money and capital markets, and digital transformation.  Continue reading → EDC welcomes the new BSP Governor and DOH Secretary

For information and easy reference of the concerned  stakeholders, please be guided by the Bureau of Customs (BOC) visual presentation of the Bureau’s principal ports and sub-ports location on the Philippine map.

The BOC Collection Districts, also known as Ports are supervised by a District Collector assisted by Deputy District Collectors as many as necessary, a District Collector also has jurisdiction over Sub-ports.

A Collection/ Customs District has a designated “principal port of entry” and each principal port of entry has its “sub-port(s) of entry”.

Below are the seventeen (17) Collection Districts identified by the BOC. 

For detailed contact information  of each collection district, you may visit the organization Chart of the BOC through this link. PKC

Department of Tourism (DOT) OIC Undersecretary for Tourism Development Planning, Verna Covar-Buensuceso presented the DOT’s future plans including the completion of the National Tourism Development Plan (NDTP) 2023-2028 which envisions to transform the Philippines Tourism into a tourism powerhouse in Asia.
Continue reading → DOT prides on five-year plan for PH Tourism transformation to be Asia’s tourism powerhouse