Authorities have located a storage facility filled with P150 million worth of smuggled products that include personal protective gears and brand imitation clothing in a raid in Binondo, Manila. SMUGGLED ITEMS UNCOVERED-- Various smuggled products such as cosmetic products, personal protective...
The Bureau of Customs (BOC) surpassed its revenue collection goal for April 2021 by over P2 billion on the strength of its actual collection of P51.277 billion, the agency said Monday, May 3. Bureau of Customs (BOC) Commissioner Rey Leonardo Guerrero (Photo courtesy of the BOC) The bureau had set a...
The Bureau of Customs (BoC) has confirmed that there has been undervaluation of rice imports in the country and vowed to address the issue. (MANILA BULLETIN) A statement from the Federation of Free Farmers (FFF) revealed that BoC Commissioner Rey Leonardo Guerrero has already initiated to plug...
More corrupt public servants will be next on President Duterte's chopping block. President Rodrigo Roa Duterte delivers his speech during the inauguration of the development projects at Dumaguete (Sibulan) Airport in Sibulan, Negros Oriental on March 11, 2021. (TOTO LOZANO / PRESIDENTIAL PHOTO) The...
The Federation of Free Farmers (FFF) is still urging the Philippine government to resolve what they called as unabated undervaluation of rice imports, which already resulted in nearly P6 billion in losses in government revenues since 2019. FFF National Manager Raul Montemayor noted that the Bureau...
This artist can have favorite fairy tale characters hand-painted on to your designer bags and shoes One of the most celebrated and well-known Filipino artists who makes designer bags a canvas for hand-painted art is Heart Evangelista , with her spilling cheese fries over her Birkin incident turning...
Finance Secretary Carlos Dominguez III commended the Bureau of Customs on its anniversary celebration last Tuesday. The bureau performed “extremely well” in 2020, he said, despite the difficulties arising from the COVID-19 pandemic. The bureau has long suffered from a reputation as historically...
The Bureau of Customs vowed on Wednesday, February 10, for a swift release of the coronavirus disease (COVID-19) vaccine shipment once it arrives in the country. The Bureau of Customs-Port of NAIA participated in a full-scale simulation exercise of cold chain logistics and management of COVID-19...
The reimposition of the 40 percent tariff on mechanically deboned meat (MDM) will bring in additional P5.5 billion revenues to the country, but will only mean minimal increase in prices for consumers, according to Samahang Industriya ng Agrikultura (SINAG). SINAG made this case as it formally...
The Department of Finance (DOF) directed the tax authorities to assist the Department of Agriculture (DA) in investigating the alleged use of cooperatives by private traders as dummies for rice imports. In a statement, Finance Secretary Carlos G. Dominguez III said he ordered the Bureau of Internal...
The World Bank has approved a loan to the Philippines to improve its customs administration, reduce transaction costs as well as enhance predictability and transparency of the clearance process at the country’s borders. In a statement, the Washington-based financial institution said it...
After 9 months to Sept. The national government’s budget deficit slid in September this year as both revenues and spending contracted during the month, data from the Bureau of the Treasury showed. The Duterte administration incurred a P138.5 billion fiscal gap last month, down by 22 percent...
