THE Bureau of Customs (BoC) listed the types of security it will accept to ensure eventual payment of duties and taxes, including cash bonds, surety bonds, standby or irrevocable letters of credit and written commitments.

EMPLOYERS in the Philippines described their top priorities for their workforces as restructuring and reskilling to be better prepared for any changes that may be brought about by the pandemic, consulting firm Mercer said.

THE RULES under which Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) may accept foreign grants and donations have been approved, the Department of Finance (DoF) said Tuesday.

ELECTRIC COOPERATIVES (ECs) connected 522,905 new power consumers last year, beating the target set for them by 14%, the National Electrification Administration (NEA) said.

THE Bureau of Customs (BoC) said it collected P247.369 million in additional revenue after conducting post-clearance audits in January and February.

POULTRY IMPORTS from the UK have been banned after that country reported outbreaks of H5N8 highly pathogenic avian influenza (bird flu).

THE Philippine Economic Zone Authority (PEZA) said it has pitched to India the potential for investing in pharmaceuticals and defense manufacturing in the Philippines.

INDONESIA may soon recognize the Philippine halal certification process, opening the door for exports to that country, the Department of Trade and Industry (DTI) said.

THE House committee overseeing taxes said it supports an expansion of the quota for pork imports that pay a more favorable tariff, known as the minimum access volume (MAV), but did not recommend a lowering of tariff rates, saying that such a measure would not significantly reduce pork prices.

THE price controls on pork and chicken will remain in force until April 8 as originally planned, the Department of Agriculture (DA) said, in order to stem a dramatic rise in the commodities.

THE GROWTH of fisheries output needed to keep up with the rising population was estimated at about 50,000 metric tons (MT) a year, with most of the new demand to be met by aquaculture, advocacy group Tugon Kabuhayan said.

THE RECOVERY will be hindered by inflation and the weak job market this year, possibly outweighing positive factors like the vaccination campaign, tax reforms and the infrastructure program, Pru Life UK Investments said.