^
+ Follow CEPT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 254292
                    [Title] => Ecozone locators push for new tariff formula
                    [Summary] => Locators in the country’s special economic zones are pushing for a change in the basis of tariff computation on goods they are selling domestically from CEPT (Common Effective Preferential Tariff) rates on finished products to CEPT rates on raw materials.


Ecozone locators argued that the Bureau of Customs (BoC) computes the taxes on goods sold domestically based on CEPT rates for finished products.

Thus, the applicable rate would be between zero to five percent.
[DatePublished] => 2004-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 212758 [Title] => RP not ready to compensate S’pore [Summary] => The Philippines is still not prepared to agree to Singapore’s demand for compensation for possible losses as a result of the Philippines invoking an ASEAN protocol to exclude its petrochemical industry from lowered tariffs under the ASEAN Free Trade Area Common Effective Preferential Tariff (AFTA-CEPT) scheme.

According to government sources, the Philippines has to move very carefully on the Singapore compensation demand as the Philippines-Singapore case will set a precedent for all future compensation claims under the AFTA-CEPT exclusion protocol.
[DatePublished] => 2003-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 210303 [Title] => Malaysia backs RP bid for petrochem tariff wall [Summary] => Malaysia is supportive of the Philippines’ decision to invoke an ASEAN protocol excluding the petrochemical industry from a lowering of tariffs under the Common Effective Preferential Tariff (CEPT) scheme.

Trade and Industry Secretary Manuel Roxas II said Malaysia has expressed its support for the Philippines’ attempt to shield its petrochemical industry and allow it to strengthen its competitiveness before finally lowering tariffs.
[DatePublished] => 2003-06-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 209915 [Title] => Singapore seeks access to RP petrochem mart [Summary] => Singapore has asked the Philippines to allow a number of its midstream petrochemical products market access as compensation for allowing the country to delay the liberalization of the petrochemical sector under the Common Effective Preferential Tariff (CEPT) scheme, Trade and Industry Secretary Manuel Roxas II said yesterday.

"The Philippines is currently studying the list and assessing the impact on the local plastics industry," Roxas said.
[DatePublished] => 2003-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 196229 [Title] => Ecozone products with 40% Southeast Asian content to enjoy special tariffs [Summary] => The government has agreed to apply special tariffs on products manufactured in export processing zones and sold in the domestic market, but only if they contain at least 40 percent raw materials from Southeast Asian countries.

The government is planning to adjust the rates on products manufactured in special economic zones but they would be considered imported products if sold locally.
[DatePublished] => 2003-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 176707 [Title] => Thailand, Singapore oppose petroleum sector lib [Summary] => Thailand and Singapore have expressed their desire for a bilateral consultation for their respective compensation measures following the country’s decision to delay the liberalization of the local petrochemical industry under the Asean Free Trade Area (AFTA).

Thailand and Singapore are the two main opponents to the Philippines’ request for a delay in the Common Effective Preferential Tariff (CEPT) scheme for certain petrochemical products.
[DatePublished] => 2002-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 175319 [Title] => RP may cite 10-X principle in seeking a delay in the implementation of CEPT [Summary] => The Philippine Government may avail itself of the 10-x principle in seeking a delay in the implementation of the Common Effective Preferential Tariff (CEPT) and ASEAN Free Trade Agreement (AFTA).

The 10-X principle allows an ASEAN member country to seek the exclusion of an industry from coverage of the CEPT-AFTA.

During the last Senior Economic Officials Meeting (SEOM), Malaysia proposed that the 10-X principle be not limited to services but should include trade in goods.
[DatePublished] => 2002-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 174667 [Title] => RP, Thailand start formal talks on sugar tariff issue [Summary] => Formal discussions have begun on a proposal to extend preferential tariff on sugar imports from Thailand as compensation for agreeing to a request by the Philippines to place sugar in the highly sensitive list under the Common Effective Preferential Tariff (CEPT) which takes effect next year.

The Philippines, along with Indonesia, had requested that sugar be placed in the highly sensitive list, effectively delaying the reduction of tariff on the commodity upon the affectivity of the CEPT next year.
[DatePublished] => 2002-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 174020 [Title] => Scheme to avert collapse of RP industries due to tariff cuts proposed [Summary] => An alliance of industry, labor, agriculture, consumer and civil society groups has presented the government a six-point range of options to avert the collapse of many local industries and the dislocation of hundreds of thousands of workers due to the impending massive tariff reductions under the ASEAN Free Trade Area-Common Effective Preferential Tariff (AFTA-CEPT) scheme set to be fully implemented next year.
[DatePublished] => 2002-08-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 147521 [Title] => Petrochem industry frustrated over DTI’s inaction [Summary] => Petrochemical industry players are getting frustrated with Trade and Industry Secretary Manuel Roxas II’s failure to prioritize negotiations for the delay of the implementation of the Common Effective Preferential Tariff (CEPT) for petrochemical products.

The CEPT is scheduled to take effect by 2003, at which time all tariffs within the ASEAN region will drop to zero-five percent.
[DatePublished] => 2002-01-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CEPT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 254292
                    [Title] => Ecozone locators push for new tariff formula
                    [Summary] => Locators in the country’s special economic zones are pushing for a change in the basis of tariff computation on goods they are selling domestically from CEPT (Common Effective Preferential Tariff) rates on finished products to CEPT rates on raw materials.


Ecozone locators argued that the Bureau of Customs (BoC) computes the taxes on goods sold domestically based on CEPT rates for finished products.

Thus, the applicable rate would be between zero to five percent.
[DatePublished] => 2004-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 212758 [Title] => RP not ready to compensate S’pore [Summary] => The Philippines is still not prepared to agree to Singapore’s demand for compensation for possible losses as a result of the Philippines invoking an ASEAN protocol to exclude its petrochemical industry from lowered tariffs under the ASEAN Free Trade Area Common Effective Preferential Tariff (AFTA-CEPT) scheme.

According to government sources, the Philippines has to move very carefully on the Singapore compensation demand as the Philippines-Singapore case will set a precedent for all future compensation claims under the AFTA-CEPT exclusion protocol.
[DatePublished] => 2003-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 210303 [Title] => Malaysia backs RP bid for petrochem tariff wall [Summary] => Malaysia is supportive of the Philippines’ decision to invoke an ASEAN protocol excluding the petrochemical industry from a lowering of tariffs under the Common Effective Preferential Tariff (CEPT) scheme.

Trade and Industry Secretary Manuel Roxas II said Malaysia has expressed its support for the Philippines’ attempt to shield its petrochemical industry and allow it to strengthen its competitiveness before finally lowering tariffs.
[DatePublished] => 2003-06-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 209915 [Title] => Singapore seeks access to RP petrochem mart [Summary] => Singapore has asked the Philippines to allow a number of its midstream petrochemical products market access as compensation for allowing the country to delay the liberalization of the petrochemical sector under the Common Effective Preferential Tariff (CEPT) scheme, Trade and Industry Secretary Manuel Roxas II said yesterday.

"The Philippines is currently studying the list and assessing the impact on the local plastics industry," Roxas said.
[DatePublished] => 2003-06-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 196229 [Title] => Ecozone products with 40% Southeast Asian content to enjoy special tariffs [Summary] => The government has agreed to apply special tariffs on products manufactured in export processing zones and sold in the domestic market, but only if they contain at least 40 percent raw materials from Southeast Asian countries.

The government is planning to adjust the rates on products manufactured in special economic zones but they would be considered imported products if sold locally.
[DatePublished] => 2003-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 176707 [Title] => Thailand, Singapore oppose petroleum sector lib [Summary] => Thailand and Singapore have expressed their desire for a bilateral consultation for their respective compensation measures following the country’s decision to delay the liberalization of the local petrochemical industry under the Asean Free Trade Area (AFTA).

Thailand and Singapore are the two main opponents to the Philippines’ request for a delay in the Common Effective Preferential Tariff (CEPT) scheme for certain petrochemical products.
[DatePublished] => 2002-09-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 175319 [Title] => RP may cite 10-X principle in seeking a delay in the implementation of CEPT [Summary] => The Philippine Government may avail itself of the 10-x principle in seeking a delay in the implementation of the Common Effective Preferential Tariff (CEPT) and ASEAN Free Trade Agreement (AFTA).

The 10-X principle allows an ASEAN member country to seek the exclusion of an industry from coverage of the CEPT-AFTA.

During the last Senior Economic Officials Meeting (SEOM), Malaysia proposed that the 10-X principle be not limited to services but should include trade in goods.
[DatePublished] => 2002-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 174667 [Title] => RP, Thailand start formal talks on sugar tariff issue [Summary] => Formal discussions have begun on a proposal to extend preferential tariff on sugar imports from Thailand as compensation for agreeing to a request by the Philippines to place sugar in the highly sensitive list under the Common Effective Preferential Tariff (CEPT) which takes effect next year.

The Philippines, along with Indonesia, had requested that sugar be placed in the highly sensitive list, effectively delaying the reduction of tariff on the commodity upon the affectivity of the CEPT next year.
[DatePublished] => 2002-09-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 174020 [Title] => Scheme to avert collapse of RP industries due to tariff cuts proposed [Summary] => An alliance of industry, labor, agriculture, consumer and civil society groups has presented the government a six-point range of options to avert the collapse of many local industries and the dislocation of hundreds of thousands of workers due to the impending massive tariff reductions under the ASEAN Free Trade Area-Common Effective Preferential Tariff (AFTA-CEPT) scheme set to be fully implemented next year.
[DatePublished] => 2002-08-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 147521 [Title] => Petrochem industry frustrated over DTI’s inaction [Summary] => Petrochemical industry players are getting frustrated with Trade and Industry Secretary Manuel Roxas II’s failure to prioritize negotiations for the delay of the implementation of the Common Effective Preferential Tariff (CEPT) for petrochemical products.

The CEPT is scheduled to take effect by 2003, at which time all tariffs within the ASEAN region will drop to zero-five percent.
[DatePublished] => 2002-01-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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