PEZA locators bear brunt of huge cost spike due to VAT policy
The economic zones’ status as separate customs territory must continue to go hand in hand with the value added tax (VAT) zero rating incentive to enable them to keep attracting…
Canned crab meat exporter sees revenues returning to pre-pandemic levels
A manufacturer of export-quality pasteurized canned blue swimming crab meat aims revenues returning to pre-pandemic levels by the end of the year as the demand ramps up after exports slowed…
BOC to launch AEO portal, e-advance ruling system within July
The Bureau of Customs (BOC) is set to launch its online portal for the Authorized Economic Operator (AEO) program and its electronic advance ruling system this month. BOC Management Information…
Home cooking boosts demand for seasonings, condiments in US
Interest in packaged sauces, dressings, and condiments has been rising in the United States (US), a big boost in retail as eating occasions of consumers, especially millennials, move into their…
E-TRACC expands to cover more inter-island import cargoes
The Bureau of Customs’ (BOC) Electronic Tracking of Containerized Cargo (E-TRACC) System now covers import containers from the Port of Manila (POM), Batangas port, and Manila International Container Port (MICP)…
LLDA to implement General Effluent Standards in Laguna Bay next year
The Laguna Lake Development Authority (LLDA) announced that the new general effluent standards (GES) under Department of Environment and Natural Resources (DENR) Department Administrative Order (DAO) 2016-08 will be fully…
Price, reduced or free shipping fee: game-changer for online sellers
Consumers buying online now do product, brand, and price comparisons while finding ways to reduce shipping costs, according to a digital influencer and an e-commerce advocate. “So definitely shipping (fee)…
Penalties for strategic trade act violation take effect in 2022
The temporary suspension of administrative penalties under the Strategic Trade and Management Act (STMA) will be lifted on January 1, 2022, according to a Department of Trade and Industry (DTI)…
FDA e-service portal opened to applicants of food product LTO
Food traders and distributors may now access the Food and Drug Administration’s (FDA) e-service portal, the agency’s online licensing platform, to submit applications for a License to Operate (LTO). FDA…
Recovery seen, opportunities in post Covid-19 cited
Recovery from the pandemic is on the way across the globe and several industries, including online services, present opportunities in the post coronavirus disease 2019 (Covid-19) era, according to an…