Republic Act No. 10863
Approved on May 30, 2016: An act modernizing the customs and tariff administration
PH welcomes new Trans Pacific Partnership agreement
The Trans Pacific Partnership (TPP) is an agreement that lowers trade costs and sets higher standards for global trade while addressing next-generation issues.
Transcript: Q&A with President Aquino at the 13th SEIPI CEO’s Forum
Transcription of the Q&A during the 13th CEO Forum of the Semiconductor and Electronics Industries in the Philippines held in the Peninsula Manila, Makati
Customs seizes illegally imported Thai White Rice
The Bureau of Customs seized an estimated 1,250 Metric Tons (1.25-Million kilograms) of white rice that had been arrived in the country without the required import permits from the National Food Authority (NFA). The rice, stocked in 25,000, 50-kg bags, was contained in 50, 20-foot container vans, have an estimated market value of about P50 million.
DOE: FIT Allocations Progress
The Department of Energy (DOE) clarified that the race for feed-in tariff (FIT) allocation entitlement is on-going. The installation targets of run of river hydro (250 MW), biomass (250 MW), wind (200 MW) and ocean (10 MW) remain available. Earlier this month, the San Carlos Solar 13 MW Solar Project in Negros has been issued with a Certificate of Endorsement (COE) for the FIT Solar eligibility to the Energy Regulatory Commission (ERC).
