Manila Bulletin Online
Nav Bar   Mon Apr 03, 2006 Navigation Nav Bar
spacer
 
spacer
spacer
spacer
spacer
spacer
spacer



 
spacer
To stop new Customs Brokerage Law
spacer
Exporters submit last-ditch attempt

By EDU H. LOPEZ

"It is now up to President Arroyo to help save the embattled export industry," says Philippine Exporters Confederation (Philexport) president Sergio R. Ortiz-Luis, Jr. following a last-ditch attempt to stop the Bureau of Customs (BoC) from giving licensed customs brokers the exclusive right to sign import and export documents.

 

Ortiz-Luis led the private sector trustees of Philexport who signed a manifesto addressed and sent to the President early this week asking her to hold back the implementation of a BOC order issued early this month withdrawing from exporters the right to sign their own export documents.

In the latest order that took effect March 22, the export leaders said that the BoC disregarded several provisions of the law, particularly section 6 of its implementing guidelines that allows proprietors of export enterprises and companies recognized by the Export Development Council (EDC) to sign their own export entries.

Its memorandum order of March 5, authorized only people that ship non-commercial cargoes to sign for their papers.

Philexport officials further said that the new law is bound to undermine the automated export development systems (AEDS), the pioneering computerized processing of export documents first adopted by the electronics industry in Southern Tagalog and Cebu regions and the one-stop-export-processing centers operated by Philexport in Manila and its field chapters in Clark, Subic, Cebu, Davao, Gen. Santos City and Cagayan de Oro.

Under the new law, each export or import transaction is slapped with at least P500 in brokers’ fee or one sixteenth of one percent of the value of imported or exported goods.

The law is seen to be another burden on the necks of exporters as it will cost them billions of pesos a year in brokers ‘ fee paid to only a few hundred licensed customs brokers.

Printer Friendly Version spacer Email to a friend
 

spacer
OTHER BUSINESS NEWS
spacer
spacer
spacer
spacer
 

spacer




HOME | SUBSCRIBE | ADVERTISE | CONTACT US | SEARCH | ARCHIVE | FEEDBACK

FEATURES: MB WAP | MB Mobile Edition | Desktop Headlines

SECTIONS: MAIN NEWS | BUSINESS | OPINION & EDITORIAL | SPORTS | YOUTH & CAMPUS | ENTERTAINMENT | AGRICULTURE | INFOTECH | HEALTH | TOURISM | SOCIETY | METRO & NATIONAL NEWS | PROVINCIAL NEWS | MOTORING SECTIONS | SCHOOLS COLLEGES AND UNIVERSITIES | WELL BEING | TECHNEWS | TASTE | WEDDINGS | I | BOARD PASSERS | 

LINKS: PHILIPPINE PANORAMA | TEMPO | CLASSIFIED ADS ONLINE | USER PRIVACY POLICY

Copyright © 2001-2005, Manila Bulletin. All Rights Reserved.

designed and developed by
Alchemy Solutions