BIR clarified issues of exporters on VAT Relief Export Development Council September 20, 2016 The Department of Finance (DOF) and Bureau of Customs (BOC) have prioritized fourteen provisions under the Customs Modernization and Tariff Act (CMTA) or R.A. 10863 which will be subjected to weekly public consultations. The CMTA...

Priority provisions on CMTA set for weekly public consultation Export Development Council September 20, 2016 The Department of Finance (DOF) and Bureau of Customs (BOC) have prioritized fourteen provisions under the Customs Modernization and Tariff Act (CMTA) or R.A. 10863 which will be subjected to weekly public consultations. The...

Export products to UAE need Halal certification by January 2017 Export Development Council September 20, 2016 Effective January 1, 2017, products entering the United Arab Emirates (UAE) are required to be certified by UAE- Emirates Authority for Standardization and Metrology (UAE-ESMA). This new regulation for control on Halal products...

Aquino bill seeks to create a Government Efficiency Office Export Development Council September 20, 2016 Senator Benigno “Bam” Aquino IV recently filed Senate Bill No. 348 or an Act Creating a Government Efficiency Office (GEO) to improve the quality of regulations and reduce regulatory burden. The GEO will be...

EDC revises export targets for 2016-2017 Export Development Council September 20, 2016 The Export Development Council (EDC), in its meeting last 22 July 2016 agreed that the revised export target for 2016 will be flat or 0% on goods, +9% on services and +3% on total exports and retain...