• 04 July 2015
MANILA, July 4 --  President Benigno S. Aquino III has issued Executive Order 185, modifying tariff rates on certain imported products, particularly environmental goods, as part of the country's commitment to the Asia-Pacific Economic Cooperation (APEC). The order, signed by the President last June 26, says that articles listed in Annex A of EO 185 as classified under Section 104 of the Tariff and Customs Code of the Philippines, as amended, shall be subject to the most-favored nations (MFN) rate duty. The rates of import duty on tariff headings and subheadings, which are not enumerated, shall remain in force and effect. Once the EO takes effect, all articles listed in the Annex and are entered into or withdrawn from warehouses in the Philippines for consumption shall be levied the MFN rates of duty as prescribed. The products listed in Annex A include super heaters, soot removers, gas converters, and industrial or laboratory furnaces and ovens, including incinerators. Centrifuges, including centrifugal dryers, filtering or purifying machinery and apparatus for liquid or gases are also included. Leaders of APEC member economies previously agreed to address issues on clim ...Read more

President Aquino wants case against China to be presented well at international tribunal

 CENTRAL  04 July 2015
MANILA, July 4 --  President Benigno S. Aquino III has instructed Executive Secretary Paquito Ochoa, Jr., who will soon leave for The Netherlands, to make sure that the arbitration case lodged by the country against China at the international tribunal, is presented well.In a press briefing on Frida ...Read more

Malacanang advises public to be wary of the effects of Storm Egay

 CENTRAL  04 July 2015
MANILA, July 4 -- The Palace advised the public to monitor Philippine Atmospheric Geophysical and Astronomical Services Administration’s (PAGASA) daily bulletin with regards to the Tropical Storm Egay for its safety. In a radio interview on Saturday, Deputy presidential spokesperson Abigail Valte ...Read more