Philippine trade, customs, business and the economy—explained with practical context and linked sources.
August exports reached USD 9.11 billion, but the goods deficit persisted. Electronics, imported inputs and household costs call for a more careful reading of the PSA figures.
Read article →PPA’s 120-hour import-container free period starts at discharge, while Cebu follows a separate port regime. The distinction affects withdrawal plans and charge exposure.
Read article →A lower ASEAN duty rate depends on classification, qualifying origin and prescribed proof. Importers should establish all three before relying on it in a purchase price.
Read article →Customs release is not a substitute for an auditable transaction file. The CMTA’s retention rules and the Revised Corporation Code make documentary control a management responsibility.
Read article →The WTO’s October upgrade is encouraging, but Philippine businesses should distinguish global trade growth from demand for their own products—and test supply, financing and delivery exposure.
Read article →Customs release, terminal withdrawal and accepted empty return are distinct milestones. Importers should control each one to manage charges and preserve a defensible record.
Read article →A sound importation budget starts with the correct customs value and tax base, then accounts for the contractual and operational costs that determine the real margin.
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