ARISE Plus Philippines led the workshop on optimizing the Authorized Economic Operator (AEO) Program for Bureau of Customs Readiness, focusing on advanced supply chain and logistics principles to raise awareness among economic operators.

The workshop comprised six sessions explaining how the AEO program can serve as a Future Game Changer, highlighting its tangible benefits to companies. Coca-Cola Beverage Philippines Inc. (CCBPI) and Toyota Motors Philippines (TMP) shared their experiences with the AEO program. Topics covered included support for Mutual Recognition Arrangements (MRAs), the use of modern technologies to bolster the AEO, the AEO Scheme for SMEs, and initiatives such as green customs and digitalization. Continue reading → ARISE Plus Philippines spearheads AEO program optimization for Bureau of Customs readiness

To provide convenience and excellent service to PH exporters, the Tourism Infrastructure and Enterprise Zone Authority (TIEZA)  features the online issuance of the Travel Tax Exemptio Certificate (TEC). There is no change in the application procedures; exporters shall file their application for travel tax exemption at the authorized recommending agencies: CITEM, DTI-EMB, BITR, and PHILEXPORT for endorsement to EDC, who in turn approves or disapprove the endorsement to TIEZA to be granted TEC. Continue reading → TIEZA features Online Issuance of Travel Tax Exemption Certificate

During the Bureau of Customs’ (BOC) 122nd Founding Anniversary, the Export Development Council (EDC) showcased its commitment to collaboration as Deputy Executive Director Elsa De La Paz – Valenzuela represented the EDC within the Customs Industry Consultative and Advisory Council (CICAC).

The CICAC, established under Customs Memorandum Circular (CMC) 02-2024, serves as a consultative body bridging the gap between the BOC and the business-industrial sector. It aims to address pertinent customs and industry-related issues, promote mutual understanding, and strengthen the relationship between the BOC and industry partners.
Continue reading → EDC Enhances Partnership with BOC to Foster Economic Growth

The Anti-Red Tape Authority (ARTA) gears up to implement Green Lanes for Strategic Investments under Executive Order (EO) 18, series of 2023. Said EO defines those that are aligned with the Philippine Development Plan or any equivalent national development plan and can be characterized by significant capital or investment in the country as a strategic investment.

Strategic investments are those with consequential economic impact, positive impact on the environment, significant contribution to the country’s balance of payments, complex technical processes and engineering designs, and will improve the country’s infrastructure capabilities.
Continue reading → ARTA gears up Green Lanes for Strategic Investments under EO 18

ARISE Plus Philippines launched the business guidebook aimed to help improve the Philippines’ access to the European Union (EU) market and utilize the EU Generalized Systems of Preferences (EU -GSP+) scheme.

The guidebook provides technical and regulatory requirements to be completed within the Philippines to export to the EU, and measures to meet to cross the EU border.

Under the EU GSP+ scheme, the Philippines enjoys duty-free access for products across around 66% of all EU tariff lines. Among the top GSP+ exports of the country are agricultural goods like coconut oil, tuna, and pineapples as well as electronic goods like vacuum cleaners and pneumatic tires.The Philippines and the EU share a total of EUR 18.4 Billion in bilateral trade in goods. Continue reading → ARISE PH launch Guidebook on Exporting to EU

The Private Sector Advisory Council (PSAC) linked strong partnerships with the government towards economic growth.  Mr. Sabin Aboitiz – PSAC Lead Convenor and President and CEO of Aboitiz Group, laid out the country’s economic policy directions with the government. The PSAC focuses on six sectors, mainly on 1) Digitalization, 2) Basic Infrastructure, 3) Agriculture, 4) Healthcare, 5) Tourism, and 6) Jobs.

Mr. Aboitiz highlighted the advocacies envisioned under the Basic Infrastructure sector, i.e., streamlined processing of permits for telcos, the launch of the GoDigital Pilipinas (GDP), amendment on the Implementing Rules and Regulations for the Build-Operate-Transfer (BOT) Law, the creation of the Department of Water and the privatization of the operation and maintenance of airports. And for the Healthcare sector, PSAC aims for Philhealth’s digitalization, the ladderized program for nurses, the fully digitized FDA, and encouraged green lanes.  Continue reading → PSAC linked partnership with government towards economic growth 

President Ferdinand “Bongbong” Marcos Jr. (PBBM), in his first State of the Nation Address (SONA), vows to promote streamlined processes in the Bureau of Customs (BOC). Exporters may look forward to a modernized customs administration with global standards during his administration.

BOC started the works and officially launched the Philippine Customs Modernization Program, reducing manual encoding and paper-based processes into complete computerized customs systems on 26 March 2021.  This modernization aims to streamline operations and processes by upgrading its systems, procedures, and operational activities. For more information, visit https://customs.gov.ph/philippine-customs-modernization-program/.  Continue reading → PBBM vows to streamline further the BOC processes

The Bangko Sentral ng Pilipinas (BSP) has expanded QR Ph, the country’s QR code standard, to enable person-to-merchant (P2M) payments to boost the digitalization of small businesses. The use of QR codes for payments has been gaining traction as an alternative to cash or traditional debit and credit card payments. In November 2019, the payment industry participants led by the Philippine Payments Management, Inc. (PPMI), under the guidance of the Bangko Sentral ng Pilipinas (BSP), launched the “QR Ph”, as the National QR Code standard.

QR Ph introduces a standard that would eliminate the need to display numerous QR codes in establishments and to purchase expensive electronic data capture systems. Because of the facility’s interoperability, consumers only need to have one QR code and businesses can use a single system to scan and process payments. The recently launched QR PH P2M payment facility allows buyers to pay even small value transactions such as jeepney or tricycle fares and payments of goods and services to micro, small and medium enterprises (MSMEs) at no cost to the buyer. On an exporter’s end, the said program is beneficial as it is both tailored for convenience and security in dealing with their regular transactions. Given the information on the recurring digital payment transactions of both their retail individual and business customers, exporters are now provided data that would help them build financial profiles of their target client base through which they can design customer-centric financial services that are tailored to their specific needs and circumstances.

For more information, please visit www.bworldonline.com.DAC