Senate ratifies international rules on customs administration.The Philippine Senate has finally signed the accession documents of the Philippines to the Revised Kyoto Convention (RKC), the global treaty on simplified and harmonized customs system across the trading world.....

MSME Magna Carta leads economic reforms by outgoing Congress.Expansion of the coverage of the Magna Carta for Small and Medium Enterprises to include micro businesses that also requires private banks to directly lend to MSME borrowers is among the most important economic reforms passed by the 14th Congress that went on final recess first weekend of February.....

PHILEXPORT alarmed over BSP support to strong peso.The umbrella organization of Philippine exporters this week expressed alarm over a news statement quoting the Bangko Sentral ng Pilipinas (BSP) favoring a strong peso this year.....

Food exporters suspect sugar hoarding; urge immediate government action.Food exporters are reiterating their call for government to immediately step in to help avert the collapse of the food export industry due to possible supply manipulation.....

Signs of export rebound emerge.Some exporters have started receiving inquiries and orders from a number of buyers that halted purchases in the midst of global economic crisis last year, strengthening expectations of a rebound for the exports sector this 2010.....

$1.3 million in food sales projected from OBM to Japan.Philippine food exporters target to generate sales of $1.3 million (around P62.4 million) through participating in an outbound business matching (OBM) mission for food to Japan, the country’s second top market, slated this February 25 to March 3.....

Efficient border management, enhanced regional cooperation to improve trade logistics and facilitation.Countries intending to improve global trade logistics performance are advised to invest more in trade-related infrastructure, improve coordination of border processes and implement joint-border initiatives.....

RP set to maximize duty-free access to the Chinese market.The Philippines is set to capitalize on the opportunities burgeoning in the huge and dynamic Chinese market as tariff barriers dissipate.....

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