Tag: BOC

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E-TRACC exemption cuts costs, speeds export shipments

The Philippine Economic Zone Authority (PEZA) welcomed a recent policy shift by the Bureau of Customs (BOC) exempting qualified exporters from the Electronic Tracking of Containerized Cargo (E-TRACC) system, saying the move will reduce costs and streamline cargo flows.

BOC order seen to accelerate APECO investments

Investment activity at the Aurora Pacific Economic Zone and Freeport Authority (APECO) is expected to gain momentum following a new order from the Bureau of Customs formally recognizing the ecozone as both an importing and exporting freeport, as well as an accrediting agency for the Customs Client Profile Registration System (CPRS).

BOC extends importer accreditation, cuts fees to boost trade

The Bureau of Customs (BOC) has extended importer accreditation validity from one year to three years while reducing associated fees, a move designed to streamline procedures, cut red tape, and sustain the steady flow of goods into the country.

Customs collections top Q1 target, hit P239B 

The Bureau of Customs (BOC) raised P239.05 billion in revenues in the first quarter, beating its internal goal by 1.3 percent and higher by 3.3 percent from a year earlier, according to preliminary data.

BOC reforms ease trade, boost exporter growth

The Bureau of Customs (BOC) is rolling out reforms aimed at helping Philippine exporters navigate current challenges while positioning them for sustained long-term growth, the Export Development Council (EDC) said Sunday, April 5.

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Ayala earmarks P5 billion for bigger ALI stake

Ayala Corp. has set aside P5 billion to buy additional shares in Ayala Land Inc. (ALI), signaling continued confidence in the property giant as the conglomerate expands its share buyback program amid subdued market valuations.

EastWest backs top teachers as exclusive partner of TOGA 2026

East West Banking Corporation served as the exclusive bank partner for JCI Manila’s 5th Ten Outstanding Guro Awards (TOGA 2026), an event held at PHINMA Plaza in Makati City to honor exceptional Filipino educators whose work transforms lives and communities nationwide.

Citi launches world-first tokenized depositary receipts for private company investments

Global banking giant Citi has rolled out a new market-leading solution: tokenized digital depositary receipts for private company shares. This makes Citi the first global financial firm to both issue and act as custodian for this type of instrument, creating a clearer, more direct way for private businesses and investors to connect.

LPU Cavite joins First Gen clean energy pact, completing four-campus shift to geothermal power

Lyceum of the Philippines University (LPU) has expanded its partnership with leading local renewable energy firm First Gen, bringing its Cavite campus under clean power supply starting June 2026.

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