Paperless imports and exports
The Bureau of Customs’ (BOC) automation projects, namely the electronic-to-mobile (e2m) and National Single Window (NSW), are indeed a welcome change. By electronically linking the permit and...
View ArticleA myth on OFW remittances
Whenever Bangko Sentral ng Pilipinas (BSP) announced hefty increases in OFW remittances, its spokesmen sounded so upbeat, at times, even euphoric. The figures have indeed been impressive and are...
View ArticleManual processing or smuggling?
The electronic processing of import papers was adopted by the Bureau of Customs long before its present chief, Commissioner Rufino Biazon, was appointed by President P-Noy. The system is now more...
View ArticlePHILEXPORT celebrates 20 years
Twenty years ago this month, leaders of two distinct and independent organizations of exporters came together and decided to unify into one umbrella organization. It was a bold move by mostly small...
View ArticleRush to ASEAN 2015
By January 2015, the free flow of goods, investments and citizens in the ASEAN community and its five other economic bloc partners under AFTA plus 5, should be in place. The most significant...
View ArticleThe Peso’s Rampage
The coalition of dollar earners and their allies were meeting at the Philippine Exporters Confederation, Inc. boardroom last Wednesday when the peso-dollar rate hit a five-year high of P40 to $1. The...
View ArticleNature’s Wrath
A newsman once commented that when national disasters hit the Philippines, we now count our dead in the thousands, not in hundreds; destroyed properties in the billions of pesos, not millions; and the...
View ArticleDoubling exports by 2016 a big challenge
With only revenues for the month of December unaccounted for, the Philippines is expected to set a new record of $52-$53 billion in merchandise exports for the year just past. The highest on record,...
View ArticleEnergy roadmap
Philippine Chamber of Commerce and Industry (PCCI) energy committee chairman Jose Alejandro recently told his members they will push for the drawing up of an industry roadmap for the power sector this...
View ArticleOf profit sharing and legislated wage increases
Former Philippine Internal Revenue Commissioner Emil Ong and his deputy, Ronald Cosalan, must be a couple of very brave congressmen. In one sitting early last month, their Labor and Employment...
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