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6th September 20218th August 2022

BOC prepares PH Live Exchange of the ASEAN Customs Declaration Document via TradeNet

The Bureau of Customs (BOC) prepares the PH live exchange of the ASEAN Customs Declaration Document (ACDD) by December 2021, via the TradeNet. The completion of the ACDD system’s bidding process received concurrence from the United States Agency for International Development’s (USAID) on 05 August 2021. BOC is now crafting a national master data plan with the USAID ASEAN Policy Implementation (API) Project Team for Interoperability.

6th September 20216th September 2021

DTI partners with Unionbank in fostering financial resilience for MSMEs

The Department of Trade and Industry (DTI) partners with the Union Bank of the Philippines (UnionBank) in fostering financial resilience for MSMEs. UnionBank presented during a webinar their initiatives on assisting the micro, small, and medium enterprises (MSMEs) amidst the digital shift, focusing on their products, namely the MSME Business Banking App, UPay, and SeekCap, all geared towards financial resilience.

9th August 20218th August 2022

EDC lauds DOF and BIR deferment of 12% VAT on indirect exports

EDC lauds the Department of Finance (DOF) and Bureau of Internal Revenue (BIR) on deferring the implementation of Revenue Regulation (RR) no. 9-2021, which levies 12% VAT on indirect exports pending issuance of an amendatory regulation. BIR will provide the transition process for those who already paid the 12% VAT while the RR was in effect from June 27 to July 21, 2021.

9th August 20218th August 2022

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.

The manual aims to help realize the vision of AmbisyonNatin 2040, and is divided into four parts:

9th August 20218th August 2022

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.

7th July 20218th August 2022

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.

7th July 20218th August 2022

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.

7th July 20218th August 2022

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

14th June 20218th August 2022

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.

14th June 20218th August 2022

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.